Friday, August 29, 2014
Inquirer Daily News

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ATLANTIC CITY - With gambling's decline, this financially ailing resort city is going after convention business big time. But there may be another wrinkle in its projected transformation into a nongaming mecca: room availability.
Cora also has a social mission to ensure 1,500 schoolgirls in India get sanitary pads and don't miss classes.
Beryl J. Wolk, 85, of Jenkintown, an advertising executive who helped introduce newspaper inserts, cart kiosks, and the 30-minute TV infomercial, died Sunday, Aug. 24, at Holy Redeemer Hospital of complications from a fall.
Local governments in Pennsylvania are turning again to the kinds of derivative deals that backfired during the credit crunch, as the lure of up-front cash and the potential to cut costs prove hard to resist.
U.S. financial markets ended slightly lower Thursday, marking their first loss in a week of record highs. The escalating conflict in Ukraine, disappointing retail earnings, and profit outlooks combined to weigh down the market, eclipsing some good news on the U.S. economy and labor market.
In the Region Pa. seeks casino suit dismissal The Pennsylvania Department of Revenue, represented by lawyers from Ballard Spahr L.P., asked a U.S...
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.
WASHINGTON - After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.
New Jersey's largest utility says the $8.1 billion it is spending over 10 years on transmission projects is powering more than the electrical grid - it's putting a lot of juice into the state's economy.
Bad times keep coming for Malaysia Airlines, the majority-government-owned carrier that lost airplanes in two tragedies this year. With a heavy financial hit expected in the second half of the year, the airline said Thursday that it lost $95 million in the second quarter, ended June 30, compared with a loss of $58 million in the same period last year.
The Pennsylvania Department of Revenue, represented by attorneys from Ballard Spahr L.P., asked a U.S. Bankruptcy Judge in Philadelphia to dismiss or abstain from hearing a lawsuit by the Foxwoods Casino group seeking to retrieve the $50 million license fee Foxwoods paid in 2007.
BEIJING (AP) - China's biggest property developer has launched an e-commerce venture with Internet giants Baidu and Tencent, adding to competition for industry leader Alibaba Group.
FRANKFURT, Germany (AP) - Inflation has fallen to an annual 0.3 percent in August for the 18 countries that use the euro, underlining the shakiness of the continent's economic recovery.
BEIJING (AP) - Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.
Oklahoma cornerback Zack Sanchez had just found out the Sooners would be facing Alabama in the Sugar Bowl. Shortly thereafter, his game prep began. On his cell phone.
KUALA LUMPUR, Malaysia (AP) - Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
WASHINGTON (AP) - As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives.
HONG KONG (AP) - Tokyo stocks led declines in most Asian markets on Friday after Japanese economic data showed that the region's second biggest economy is struggling to recover from a sales tax hike.
FRESNO, Calif. (AP) - U.S. Forest Service officials say they tried to balance competing interests in a plan that will allow loggers to remove trees killed in a massive Central California wildfire last year.
Standing amid scaffolding and building materials at the AQ Rittenhouse apartment and retail project in Center City on Wednesday, Stephen Pouppirt, president of Clemens Construction Co. Inc., almost couldn't keep count of all the major projects his company is handling this summer.