Thursday, December 18, 2014

Business

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TRENTON - A package of critical bills being voted on Thursday at the Statehouse will decide the fate of the Trump Taj Mahal in Atlantic City.
The Federal Railroad Administration has set a Feb. 10 public hearing on a dispute between SEPTA and Regional Rail employees on a safety rule designed to limit workers' fatigue on the job.
The Street: The average shopper is expected to spend more than $170 on gift card purchases this year, and for the eighth year in a row they're the most-wanted item on everyone's list, with 62% of consumers asking for one, according to WalletHub.com. If you're unsure which ones may work for everyone on your list, look no further
Nurse Shauna Trapani's patient was a deadweight - literally - the last time she injured her back at work so badly that she had to miss a day of work.
The Street: Grocer Whole Foods has one message for rivals such as Target , Walmart and Kroger that are trying to sell more organic food to customers in 2015: Bring it on.
CAMDEN, N.J. (AP) - Consumers in New Jersey are suing three supermarket chains, claiming their bakery good are not really made from scratch in the stores.
Bacall needed Bogart. Holmes needed Watson. Cheech needed Chong. Does the wireless industry need its gotchas? Thanks to T-Mobile and its bold and blunt CEO, John Legere, we may soon find out.
The Street: Unless you've gone somewhere to obtain the rarest brew, your beer presents won't amount to much other than a nice little drinking session. Still, there are better ways to enjoy that beer and items that will please your craft-beer-loving friends and relatives.
NEW YORK (AP) - The world's largest direct seller of cosmetics, Avon Products Inc., will pay $135 million to settle criminal and civil charges after its China unit pleaded guilty Wednesday to conspiring to violate the Foreign Corrupt Practices Act by bribing officials there.
LOS ANGELES (AP) - Uber promises to focus on rider safety amid increasing concerns that its drivers are not adequately screened for past criminal convictions.
GOBankingRates: Americans essentially share the same financial goals, which, for the most part, can be boiled down to saving money, paying off debt and retiring comfortably. But with a sea of financial advice out there — as diverse as it is vast, and varying in accuracy — the how;is where most people struggle in reaching those goals.
NORTHFIELD, Ill. (AP) - Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor.
PARIS (AP) - Penalizing a dirty business involving cleaning products, French regulators fined 13 consumer-products makers about 950 million euros ($1.2 billion) for price fixing on goods like shampoos, detergents and toothpaste.
CAMP HILL, Pa. (AP) - Shares of Rite Aid soared Thursday after the nation's third-largest drugstore chain reported a 47 percent jump in fiscal third-quarter earnings and hiked its annual forecast after cutting it for two straight quarters.
LONDON (AP) - Obesity can be a disability, the European Court of Justice ruled Thursday - a decision that could have widespread consequences across the 28-nation bloc for the way in which employers deal with severely overweight staff.
MOSCOW (AP) - Vowing never to let the West defang his proud nation, President Vladimir Putin promised Thursday to fix Russia's economic woes within two years by diversifying and voiced confidence that the plummeting ruble will soon recover.
BERN, Switzerland (AP) - Following the fallout of the slide in the Russian ruble, Switzerland sought Thursday to prevent the Swiss franc from breaching upper limits imposed on the currency by introducing negative interest rates on commercial bank deposits.
WASHINGTON (AP) - President Barack Obama says his administration is taking the cyberattack against Sony studios seriously. He says people should "go to the movies."
SEATTLE (AP) - Washington Gov. Jay Inslee on Wednesday proposed an ambitious cap-and-trade program to require the state's largest industrial polluters to pay for every ton of carbon they release.
TOKYO (AP) - How do you say "damage control" in Japanese? Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the sprawling business empire.

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