Friday, August 29, 2014
Inquirer Daily News


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VENICE, Italy (AP) - Florida's realtors and tourism authorities will probably not be using "99 Homes" in their promotional material.
A federal appeals court is refusing Oracle Corp.'s request to reinstate a $1.3 billion verdict it won against German rival SAP SE in a long-running copyright dispute.
A plan for a luxury skyscraper with a so-called "poor door" is changing to extend more of a welcome to residents of its cluster of affordable apartments, officials and the developers said Friday.
Talking Small Biz: Cora also has a social mission to ensure 1,500 schoolgirls in India get sanitary pads and don't miss classes.
Some of New Jersey's top Democrats on Friday warned of an assault on organized labor across the country, even as the movement has gained considerable clout in Trenton.
Money Talks: Hershey's new logo is drawing some less than favorable reviews, with many comparing the Hershey Kiss at the end to scat.
The Philadelphia Bar Association will host bar leaders from London, Beijing, Frankfurt and other major cities at a conference Sept. 10-13 aimed at showcasing the city's attributes as a crossroads of cultural and economic activity.
The Street: J.C. Penney has a big celebration planned for its first store in Brooklyn. Investors that have bought into J.C. Penney's survival story also have been enjoying their own party.
The Street: Credit card delinquencies are at a seven-year low, according to TransUnion. National credit card delinquency dropped to 1.16% in the second quarter of 2014, a 15% decline in the past quarter alone.
The Street: In what appears to be an effort to keep Corinthian Colleges in business until a buyer can be found , Corinthian creditor Bank of America agreed to allow it to sell a portfolio of loans to an unidentified buyer for about $19 million according to its August 25 8-K filing with the Securities and Exchange Commission (SEC). Bank of America had been a lead institution in a $235 million credit facility issued to Corinthian in 2003.
The Street: Scott Sargent, a financial advisor in Newport Beach, Calif., received a typical request from a client: a withdrawal from his brokerage account. The 81-year-old man needed $15,000 to cover taxes -- on his winnings from a Costa Rican lottery. Sargent told Financial Planning magazine that it was only the beginning of a long, sad story.
NEW YORK (AP) - Orbitz says it reached an agreement that will allow it to continue selling American Airlines and US Airways tickets on its sites.
Nearly 6 million laptop power cords that can overheat and start a fire are among this week's recalled consumer products. Others include potentially faulty helmets and bunk beds.
RIO DE JANEIRO (AP) - Brazil's formerly high-flying economy, once the darling of emerging markets, has fallen into recession, according to government data released Friday, as a legion of newly minted middle class citizens tightened their belts and halted a credit-driven spending spree.
HOUSTON (AP) - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 18 this week to 1,914.
NEW YORK (AP) - The latest banks are small enough to fit in the palm of your hand.
Good weather and greater awareness that the Jersey shore has made huge strides in recovering from Superstorm Sandy helped make the second summer after the storm better than the first one, many shore merchants and elected officials say.
The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products.
DETROIT (AP) - U.S. investors should soon be able to buy stock in Chrysler for the first time in seven years.
Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the investigation.