Wednesday, May 22, 2013
Wednesday, May 22, 2013

Business

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Toll Brothers, which also reported a 46 percent surge in second-quarter earnings, jumped $2.63, or 7 percent, to $38.63.
The folks who write the checks that help keep Atlantic City's casinos afloat say Internet gambling can help revive the market's flagging fortunes.
It's going to be another busy Memorial Day weekend on the nation's highways.
Joining Facebook was once an eagerly awaited milestone for teenagers, who rushed to sign up once they finally obtained the necessary ".edu" email address...
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
Just over a year after it opened, Atlantic City's newest casino has gone into bankruptcy and gotten out of it, ready to start again.
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
The manager of a New Jersey diner is free on bail six weeks after he was charged with plotting to kill the co-owner of the restaurant, his uncle.
Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
Toll Brothers, which also reported a 46 percent surge in second-quarter earnings, jumped $2.63, or 7 percent, to $38.63.
For its annual survey of CEO pay, The Associated Press uses data provided by Equilar, an executive pay research firm.
It's going to be another busy Memorial Day weekend on the nation's highways.
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
Chairman Ben Bernanke is telling Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
Evian is giving itself a facelift to keep up with its sleek, young competitors on store shelves.
Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
The International Monetary Fund has softened its assessment of the British government's economic policies, saying in a report Wednesday that it did well to ease its pace of austerity cuts, but stressing more was needed to support the recovery.
Commerce Bank founder Vernon Hill 2d's golden parachute deflated Tuesday when a federal jury in Camden determined that it was "legally impossible" for the bank to pay him the $17.2 million he is owed on his employment contract.
Insights & Analysis
Diane Mastrull: Kip Anthony was a farm boy from the Midwest who went on to become a mechanical engineer at big companies doing big things. Then the small-business bug bit.
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