Wednesday, May 6, 2015

Business

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Philly startup wants to disrupt the home-improvement market via an online marketplace and home-improvement advocate.
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.
Here's a clever way to secure a parking spot on Philadelphia's congested streets and help save the planet, too.
Meet the new bond king. He writes a blog and cracks jokes like the rest of us. Josh Barrickman works at Vanguard Group, where he and his team of 15 oversee bond portfolios for the Valley Forge-based investment giant.
The Street: People who don’t have any credit cards are basically “credit invisible,” said one credit expert. “While they may have a good job, a solid income and pay all their bills on time, no one knows that.”
The Street: Think you can better troubleshoot your problem independently? You're in luck, because patients soon will be able to draw on their own suspicions and order blood tests from Labcorp, as it attempts to expand its offerings, according to Bloomberg.
CHICAGO - Comcast's unhappy customers finally have gotten through to the nation's largest cable television company. Comcast Corp. said Tuesday that it would hire 5,500 additional customer-service workers in the United States and hundreds of new service technicians, as part of a broad plan to improve its poorly rated service operations. The company has been bashed nationwide by cable and Internet subscribers as unresponsive and rude.
PTC buys Neuron maker and its $2MM in quarterly sales
212-key Study at University City, Drexel
Comcast is showing its kinder, gentler nature with two product introductions Tuesday at the INTX 2015 internet and cable trade show - one content-based, the other a hardware refinement.
The Street: The advertised price does not include the DC-AC inverter to make the energy storage system work. There also is the the cost of installation by a trained electrician. So the real cost is less attractive than has been reported. And despite Tesla's 10-year warranty on the battery, hiccups are likely to happen.
DOVER, Del. (AP) - A Delaware judge is considering Duke Energy's request for a six-month halt of a shareholder lawsuit prompted by a massive coal ash spill in North Carolina while the company tries to resolve related lawsuits and finalize a $102 million settlement of a federal criminal investigation.
CHICAGO (AP) - Comcast, long dogged by a terrible reputation for customer service, is planning to hire thousands and is rolling out new tools to improve its interactions with customers.
A combination of concerns knocked the U.S. stock market lower Tuesday, snapping a two-day advance. Crude oil climbed above $60 a barrel for the first time this year, raising expectations for rising inflation and interest rates. Greece's government remained in a standoff with its European creditors as a debt payment looms next week.
CANONSBURG, Pa. (AP) - Mylan Inc. (MYL) on Tuesday reported first-quarter net income of $56.6 million.
NEW YORK (AP) - Internet video service Netflix is telling the Federal Communication that it should reject AT&T's purchase of satellite TV company DirecTV unless some changes are made.
NEW YORK (AP) - A slate of CBS dramas and comedies dominated the Nielsen Top 20 last week, lifting CBS to its 10th consecutive win in viewership.
Prime-time viewership numbers compiled by Nielsen for April 27-May 3. Listings include the week's ranking and viewership.
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.
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