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Robert Stinson Jr., who pleaded guilty in 2011 of defrauding at least 262 investors of $17.6 million in a Ponzi scheme, won a reduced sentence from a federal judge in Philadelphia.
ATLANTIC CITY, N.J. (AP) - The Golden Nugget Atlantic City was given permission by New Jersey casino regulators Friday to begin offering Internet gambling.
PJM Interconnection Inc., the regional grid operator, has approved $4.6 billion in upgrades to the high-voltage electric transmission system that serves 61 million people in 13 states and the District of Columbia.
FMC Corp. has reached an agreement to sell its peroxygens business for $200 million to One Equity Partners, an arm of J.P. Morgan Chase & Co.
Standard & Poor's boosted all of its credit ratings on Aramark Holdings Corp. following the Philadelphia food, facilities, and uniform services company's sale of shares Thursday on the New York Stock Exchange.
The former Mt. Sinai Hospital in South Philadelphia may be transformed into 237 residences. "The main hospital buildings will remain and be reused,"...
Just won Powerball or Mega Millions? Kiplinger's David Muhlbaum tells you how to manage the jackpot wisely. (1:53)
New Jersey environmental officials say a proposed pipeline plan through the Pinelands would drastically reduce air pollution in the region by enabling an old coal-burning power plant to use cleaner natural gas.
Michael Dell is buoyant these days. After a marathon campaign to buy the company he founded and take it private, Dell won approval from shareholders in September and completed the $25 billion deal in October.
NEW YORK - When Eric J. Foss, Aramark's chief executive, huddled for about 20 minutes Thursday morning with traders on the floor of the New York Stock Exchange waiting for the first trade of the Philadelphia company's new shares, that may well have been the longest break he's had in the last week and a half.
Dow Chemical Co. says the former Rohm & Haas labs in the Philadelphia area developed a house-paint ingredient that will substantially cut the paint industry's water and energy consumption while allowing homeowners to cover walls more evenly and hide stains.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
LOS ANGELES (AP) - Cable TV operator Charter Communications Inc. is preparing to send a letter offering to buy the much larger Time Warner Cable Inc. for below $135 per share as early as Monday.
A U.S. federal judge has approved a $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees.
Stock indexes ended mixed Friday, leaving the market with its second weekly decline in a row. Monday brought a record high, but it was downhill from there for the Standard & Poor's 500 index, which declined four days in a row.
A record-breaking rally in stocks paused this week as investors contemplate what's next for the market.
TWO IN A ROW: Small gains on Friday weren't enough to reverse a decline for the week, the second weekly loss in a row for the stock market.
Millions of IKEA children's are being recalled this week after a child became entangled in its cord and died. Other consumer products being recalled include lawn mowers with blades that can break and televisions with an electronic component that can fail and catch fire.
CHARLESTON, S.C. (AP) - Boeing has released more details of its $1 billion expansion in South Carolina, announcing it has acquired more land and will open a painting facility in the state.
James E. Nevels, founder and chairman of asset manager the Swarthmore Group, of Philadelphia, was named by the Fed's board of governors to serve as the 2014 chairman of the Federal Reserve Bank of Philadelphia.