Tuesday, May 5, 2015

Business

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New Jersey could lose close to $100 million from tax incentives that have drawn big businesses to Camden in recent months, according to a report by an advocacy group.
The DIY streaming-video apps Meerkat and Periscope have generated lots of buzz in tech and entertainment land the last few weeks, for reasons good and bad.
Lisa Kornstein says she grew up a tomboy and was "never really into clothes." That changed while she was getting her master's degree in counseling and took a part-time job at a store in South Carolina. She realized she could sell.
Believing its stock is undervalued after the collapsed bid for Time Warner Cable Inc., Comcast Corp. has added $2.5 billion to its share-buyback program in 2015 - for a total projected buyback this year of $6.75 billion - and CEO Brian Roberts says the Philadelphia company's focus will be to run its existing cable, Internet, and entertainment businesses.
NEW YORK - The stock market closed just short of a record Monday as investors assessed positive earnings reports.
In the Region Pier 35 development planned A company bought a parcel beside Waterfront Square towers along the Delaware River and plans a residential...
Philadelphia Eagles head coach Chip Kelly's wheeling and dealing may make for exciting offseason chatter, but it's wreaking havoc on the sporting goods business.
One of five Pennsylvania electricity suppliers charged with deceptive practices after last year's round of wild winter price spikes has agreed to pay nearly $2 million in refunds and penalties.
Pennsylvania developers, hugely profitable corporations, colleges, towns, and hospitals have applications pending for $1 billion in matching taxpayer funds from the Redevelopment Assistance Capital Program (RACP).
A life-insurance salesman who dissed term insurance also claimed to know something about our columnist.
Stephen Girard trusted that Philadelphia officials would use his fortune and his detailed instructions to guide Girard College, the stone-walled, 43-acre boarding school for poor kids, after he died in 1831.
NEW YORK (AP) - The leader of the New York Senate was arrested Monday on charges including extortion and soliciting bribes after investigators looking into the awarding of a $12 million contract to a company that hired his son said they captured him on wiretaps boasting of his power.
MEXICO CITY (AP) - SurveyMonkey CEO David Goldberg died of severe head trauma in an exercise accident in the Mexican resort town of Punta Mita, a Mexican state official said Monday.
WASHINGTON (AP) - Federal Reserve Chair Janet Yellen is disclosing that she met with a financial analyst at the center of an investigation into a possible leak of confidential interest-rate information. But she says the meeting occurred several months before the private Fed discussions at issue took place, and dealt with general economic matters.
LOS ANGELES (AP) - Star Wars fans no longer have to search their feelings to discover the truth. They can just Google it.
NEW YORK (AP) - Activist investment firm Starboard Value says it bought an 8.2 percent stake in armored car company Brink's, and it called the stock undervalued.
Stocks closed slightly higher on Monday, putting the U.S. market close to a record high. The market climbed as investors assessed some good corporate earnings. There was also some encouraging news on the economy, a report that showed U.S. factory orders rose in March for the first time since July.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NEW YORK (AP) - It should have been a proud moment for TV: A much-hyped sports event drawing in millions of paying viewers and showcasing the clout still held by traditional media heavyweights.
Move over Meerkat. Down Periscope. Comcast has an alternative app for sending videos to the folks you love.
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