Wednesday, July 30, 2014
Inquirer Daily News


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A private survey shows that businesses hired at a healthy pace in July, though the job gains slowed from the previous month.
After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.
On one earnings call, enthusiasm for "fire sale" casino properties is difficult to find.
The potatoes were from a supplier for Philadelphia-based Aramark Correctional Services, which handles prison food service in Michigan and elsewhere.
Federal investigators on Tuesday clearly placed the blame for the Paulsboro derailment on Conrail and faulted local emergency officials for their handling of the resulting toxic gas release.
In the region's deteriorating bridges and ailing train stations is lucrative opportunity for a niche of businesses also in need of a helping hand: small, minority, and female contractors.
Talking Small Biz: Senate leaders want a bill that passed in 2013. Have they found a way to force a vote in the House?
WASHINGTON - This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.
WASHINGTON - More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
In the Region Wegmans to expand Wegmans Food Markets says it plans to add 10 new stores in the Northeast and Mid-Atlantic regions over the next...
NEW YORK - The stock market fell modestly Tuesday as investors focused on a batch of big economic reports ahead.
TOKYO (AP) - World markets were mostly higher Wednesday ahead of U.S. economic data, while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian stocks.
MOSCOW (AP) - Russia was counting the potential cost of Western sanctions targeting its key energy and finance sectors on Wednesday, with the central bank promising to support lenders hit with penalties.
INDIANAPOLIS (AP) - WellPoint's second-quarter profit fell 8.6 percent as expenses tied to changes in the nation's health care laws climbed.
MADRID (AP) - Spain's economy grew by a better-than-expected 0.6 percent in the second quarter compared with the previous three months, the fastest rate since 2007 and more evidence of the country's recovery from recession.
LONDON (AP) - The CEO of Barclays said having provisions to claw back bankers' bonuses, as outlined by regulators on Wednesday, is a good idea in principle.
LISBON, Portugal (AP) - Portugal's Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years. Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation.
BERLIN (AP) - The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes, and is putting the potential for raises at 3 percent.
TOKYO (AP) - Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales.
PhillyDeals: Bootmaker Timberland "has leased 5,800 sq. ft. for its Philadelphia flagship store, which it plans to have open by the fall," Steve Gartner of Metro Commercial Real Estate Inc. tells me in a note this afternoon.
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