Tuesday, July 22, 2014
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Do you want more service on your SEPTA train line? Would you like a bus route closer to your home?
A Superior Court jury in California has awarded $16.2 million in damages to a Sacramento-area homeowner who said that PHH Mortgage Solutions, based in Mount Laurel, botched his loan modification and nearly cost him his house.
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
The Street: Marijuana reform continues on the federal level as the House of Representatives passed a groundbreaking banking bill last week. The bill passed on a bipartisan basis, by a vote of 231-192.
The Street: Since recreational marijuana became legal in Colorado and Washington in 2014, many are seeing that there are fortunes to be made peddling pot. These "14ers" are lining up to have their money go up in smoke - so to speak. But there is uncertainty in the marijuana business.
The Street: On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law. And at the beginning of its fifth year, Dodd-Frank's complete package still hasn't been revealed. Nor have we fully experienced the impact it is going to have on the American economy.
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
The Street: Students who can't make it without borrowed money often resort to more risky alternatives, such as credit cards and subprime loans.
Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
McDonald's Corp. (MCD) on Tuesday reported earnings that declined by 0.7 percent in its second quarter, and missed analysts' expectations.
WILMINGTON, Del. (AP) - DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter, matching analyst expectations.
WASHINGTON (AP) - In a story July 16, The Associated Press reported that General Motors became the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall. The story should have specified that current law bans car dealerships only from selling new cars under recall, not used recalled cars.
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
McDonald's Corp. (MCD) on Tuesday reported earnings that declined by 0.7 percent in its second quarter, and missed analysts' expectations.
Coca-Cola Co. (KO) on Tuesday reported earnings that declined by 3 percent in its second quarter, and beat analysts' expectations.
GENEVA (AP) - Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.
RICHMOND, Va. (AP) - Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast Corp. reported solid second-quarter earnings with revenues climbing 3.5 percent and profits jumping 14.8 percent. The company also lost 144,000 TV subscribers - an improvement over the 162,000 lost a year ago - and gained 203,000 high-speed Internet customers.
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