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The Street: For most of 2013, food giant Mondelez has had to answer naysayers who have insisted that expectations for the company's margin growth were pure hype. But with the stock now trading at a 52-week high on year-to-date gains of 35%, management has done its part to silence the skeptics. Mondelez may look sweet now, but its stock performance may be about to spoil.
The U.S. Supreme Court's decision not to hear a sales tax case filed by Amazon.com validates laws in Maine and 12 other states that require online, phone and mail-order retailers to collect sales taxes if they have a physical presence in the state. It also means that consumers could soon be taxed on all purchases, whether made online, by catalog or in person, if other states or Congress pass similar laws.
Jeff Bezos made headlines earlier this week with what some see as a far-fetched notion of delivering packages from the skies with drones. But the Amazon.com founder and chief executive has actually made progress on an idea that might be even more improbable: commercial space travel.
Money Talks: The Daily Show's comedians do a better job than the New York Times explaining news of equity firm Blackstone's credit default swaps involving the gambling and horse racing firm Codere.
The painful financial restructuring underway in the Archdiocese of Philadelphia made substantial progress in the year ended June 30, a report released Thursday showed.
The Street: According to a study conducted by Wells Fargo that surveyed 1,000 people between the ages of 25 and 75, 37% of middle class Americans don't believe that they will ever retire.
City on track to meet ambitious new collection goals
Nine months after shaking up the city’s tax enforcement leadership and collection processes, the Nutter administration continues to make modest...
Plenty of people took issue with a new transportation funding package that will fix the state’s roads and bridges but lead to Pennsylvania motorists paying increased fees and likely higher prices at the pump. Moody’s, though, thinks it’s pretty good news.
PhillyDeals: The Conshohocken web-retail firm is grow its London office.
PhillyDeals: Center City-based Neff Associates walked away with three "Pepperpot" awards earlier this week -- all three for handling challenges based on one of the city's landmark junk food products - cheesesteaks.
The Street: Holiday shoppers are spending more on children this Christmas season, yet most are unaware that they have six days less than last year to get it all done.
HUADU, China (AP) - His Chinese sedan was a disappointment. So when truck driver Xie Yanzhen needed to replace it, he turned to Venucia, a 2-year-old no-frills brand launched by Nissan and a Chinese partner.
LOS ANGELES (AP) - Spotify, the Swedish music streaming service, is set to announce a new feature that will allow users to pick specific tracks and listen to them on mobile devices for free.
J.C. Penney says the SEC is looking into its liquidity, debt and other financial matters.
COLUMBIA, S.C. (AP) - People shopping for insurance on the federal marketplace may be informed they're eligible for Medicaid and that their information is being sent to state officials to sign them up. However, states say they aren't able to enroll them because they're receiving incomplete data from the Obama administration.
NEW YORK (AP) - While the Metro-North Railroad is already getting hit with multimillion-dollar civil claims over a deadly commuter train derailment, prosecutors will face tough choices when deciding whether to bring criminal charges against the train's engineer, who told investigators he nodded or fell into a daze at the controls.
Whether you're looking for something thin and light, or want a tablet that performs like a laptop, there's plenty to choose from if you're willing to spend a bit more for a high-end laptop computer.
WASHINGTON (AP) - With hopes of a "grand bargain" long gone, congressional negotiators now are seeking a more modest deal before year-end to ease the automatic spending cuts that are squeezing both the Pentagon and domestic federal programs. But the going is getting rougher.
NEW YORK (AP) - JPMorgan Chase & Co. said Thursday that about 465,000 users of a prepaid cash card may have had their personal information hacked.
The world's largest casino company is cautioning investors that Internet gambling might hurt rather than help its brick-and-mortar casinos.