Thursday, April 24, 2014
Inquirer Daily News


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A fast food restaurant worker earns about $19,000 a year. That’s only if she earns $9 an hour and works full time. The average CEO of a fast food restaurant chain pulls in $23.8 million a year, according to a study published today. That’s more than $11,400 an hour.
Under a draft proposal, service providers could charge content firms more for faster access.
WASHINGTON - The Federal Communications Commission on Thursday will circulate proposed rules that could give high-speed Internet providers more power over what content moves the fastest on the Web based on which firms pay the most, according to a person familiar with the plans.
Decades later, I can feel the heat of her fury that I would ask to put her finances in jeopardy.
Forman Mills stores on Route 130 in Pennsauken and in the Cardiff Shopping Center in Egg Harbor Township closed Monday, store personnel said.
NEW YORK - Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies. A surprise drop in sales of new homes also weighed on the market.
The president of The Inquirer's largest union says its parent company is not worth $77 million, the minimum bid that two rival co-owners pledged if the company goes to auction.
In the Region PUC delays surcharge probe The Pennsylvania Public Utility Commission on Wednesday delayed ordering an investigation of FirstEnergy Solutions'...
Nearly 50,000 Pennsylvania electricity customers have given up on competitive suppliers in the last two months in the aftermath of wild winter price swings for variable rate customers, the Pennsylvania Public Utility Commission reported Wednesday.
The Street: JetBlue Airways is becoming the last major U.S. airline to have unionized pilots, but the effects on the company's costs may not be as drastic as feared.
The Street: Think you know it all when it comes to credit reports and credit scores? Test yourself with these three simple true or false questions.
The Street: Warren Buffett told CNBC on Wednesday he has increased his investment in IBM and he abstained from supporting a multi-year compensation plan floated by Coca-Cola in the soda giant's 2013 annual proxy.
GENEVA (AP) - Strong new drug sales helped Swiss pharmaceutical firm Novartis AG report a 24 percent rise in first-quarter profit.
TOKYO (AP) - The price of oil rebounded Thursday on worries about tensions in Ukraine.
STOCKHOLM (AP) - Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro ($9.2 billion) bid.
NEW YORK (AP) - Financial markets rarely stick to the script, and this year is no different.
MONTPELIER, Vt. (AP) - Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods as such, setting up a war between powerful lobbyists for the behemoth U.S. food industry and an American public that overwhelmingly says it approves of the idea.
LOS ANGELES (AP) - The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes, but enhance scrutiny of such deals so they don't harm competition or limit free speech.
OPAL, Wyo. (AP) - A small town in southwest Wyoming was evacuated Wednesday after an explosion and fire at a natural gas processing facility and major national pipeline hub. There were no reports of injuries.
NEW YORK (AP) - The pay of Wal-Mart Stores Inc.'s outgoing CEO fell 73 percent in 2013 because he received a lower performance-based bonus and he didn't get stock awards that are given in anticipation of future performance.
Center City, Philadelphia's engine for growth for the last decade or more, is showing signs of distress, according to statistics compiled by the Center City District for its annual "State of Center City" report.
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