Monday, November 24, 2014
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Itching to compete and join the fight to solve one of the world's most talked-about health concerns, Merck & Co. got back in the business of making Ebola vaccine Monday.
ATLANTIC CITY, N.J. (AP) - Atlantic City's casino industry saw its operating profits rise in the third quarter of this year, helped by Internet gambling money and the absence of large losses racked up last year by weaker casinos.
Pepper Hamilton L.L.P. said its CEO, Scott Green, will be leaving the law firm after nearly three years of overseeing its business operations.
The Street: “Real estate professionals may leave up to $17,000 in mileage deductions on the table at tax time,” said Constance Freedman, vice president of strategic investments with the National Association of Realtors. “Each agent is a small business owner, and as a business owner, every penny counts.”
Morgan Lewis & Bockius L.L.P., the Center City based law firm, announced Monday that it had finalized its acquisition of Bingham McCutchen of Boston, creating one of the world's largest firms and extending Morgan Lewis's dominance in the U.S. legal market.
The Street: Cantor Fitzgerald analyst Brian White notes that Apple's portfolio refresh, which began in September with the new iPhones , coupled with the lack of innovation from Samsung and Google , should help Apple "shine bright this holiday season."
Turns out the idea of prerecorded video job interviews needs more time to gain acceptance. Nearly five years after forming a Fort Washington company specializing in providing businesses with that high-tech hiring option, the founders of Async Interview won't disclose revenue or even whether the company is profitable.
David Danon tried to warn Vanguard Group it was illegally underpaying its income taxes while he was a tax lawyer for the company from 2008 to 2013 and was punished in return, according to an affidavit filed in his whistleblower lawsuit last week.
Descartes Systems adds Trevose-based bill-pay software maker
The Street: Bloomberg put together the list based on 67,000 adults 26 years and older who reported binge drinking in the 30 days prior to a survey, The National Survey on Drug Use and Health. In retrospect, the #1 winner may not be much of a surprise.
With its slow economy and aging population, Italy seeks strength from abroad from the nation's ambitious expatriates, successful descendants of long-ago immigrants, and fans of Italian art, food, technology and investments.
WHIPPANY, N.J. (AP) - Two medicines Bayer HealthCare Pharmaceuticals Inc. is testing for respiratory disorders will get priority review by U.S. regulators and other benefits under a 2012 program to boost development of new antibiotics.
NEW YORK (AP) - News Corp. says it has invested in a real estate website in India as it tries to grow its digital business.
U.S. stocks closed higher Monday as investors remained confident that stimulus measures from global central banks will help spur economic growth. Gains were led by the so-called consumer discretionary sector, which includes retailers like Coach, Urban Outfitters and Gap, ahead of the crucial holiday sales season. The Dow Jones industrial average and the Standard & Poor's 500 index edged further into record territory.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
SAN FRANCISCO (AP) - Redbox is raising its DVD rental prices by 25 percent beginning next week in an effort to wring more revenue from the shrinking audience that still watches movies on the discs instead of Internet video services such as Netflix.
MINEOLA, N.Y. (AP) - A nor'easter is expected to develop Wednesday along the East Coast just as millions of travelers are heading to their Thanksgiving destinations.
BOCA RATON, Fla. (AP) - The conventional wisdom in the Republican Party is changing.
TRENTON, N.J. (AP) - Merck & Co., a top creator and seller of vaccines, has joined the fight against Ebola, the often-fatal hemorrhagic virus that's been ravaging parts of West Africa for months.
Dish Network, the nation's third-largest pay-TV company, could drop NBCUniversal's regional sports networks in the Chicago, Washington, D.C., Sacramento and San Francisco areas on Dec. 1.

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