Saturday, August 23, 2014
Inquirer Daily News


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BAY SHORE, N.Y. (AP) - A famed bakery has left Long Island after nearly a century.
What if Michael Brown's last moments had been recorded?
The Street: Prior to his execution, American journalist James Foley was held for a $123 million ransom by militants of the Islamic State. While the U.S. government refuses to negotiate with terrorists, behind the scenes, Foley's employer and family desperately tried to raise at least a portion of the demand in an attempt to save his life.
The Street: While churches, charities, civic and business organizations, fraternal societies and credit unions don't have to pay income taxes, those with compensated employees are required to withhold and pay payroll taxes. But more than $875 million is past due, more than one quarter of which dates back to tax periods prior to 2007, according to a report issued by the Treasury Inspector General for Tax Administration (TIGTA).
The Street: The White House is in the process of sending out email blasts to people with student loans to serve as reminders to pay.
The Street: Enterprise Community Partners, a nonprofit housing organization with a for-profit subsidiary, has gained some prominence as an objective, dispassionate tracker of multibillion dollar mortgage settlements, such as Thursday's $16.65 billion agreement with Bank of America.
A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year.
Federal Reserve Chair Janet Yellen said she still is not satisfied with the U.S. labor market. Deciding when she is won't be easy.
The Street: This list collects 10 of the best rum winners of the 2014 International Wine & Spirits Competition to help you choose which is the best rum for you.
The Street: A funny movie takes the viewer out of the realm of reality as they watch an improbable scenario unfold, then bare witness as the characters make things worse before they get better. Below is a list of 10 of the funniest movies of all time.
Houston-based Dynegy Inc. agreed to buy $6.25 billion of power plants - including one just south of Philadelphia International Airport - from Duke Energy Corp. and private-equity firm Energy Capital Partners, almost doubling its generating capacity less than a year after emerging from bankruptcy protection.
DONETSK, Russia (AP) - Hundreds of Russian aid trucks returned home from rebel-held eastern Ukraine on Saturday, highlighting a dire need for long-term assistance to the region where homes and livelihoods have been destroyed by months of fighting.
TRENTON, N.J. (AP) - Botox maker Allergan Inc. is reviewing shareholder requests for a special meeting to consider replacing most of its board, a change fellow drugmaker Valeant Pharmaceuticals International Inc. is seeking as part of the hostile takeover attempt it's been waging since April.
BERLIN (AP) - A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits.
HAVANA (AP) - There's no rice, beans or fried plantains at Havana's newest private restaurant. You can order a minty mojito, but it'll come mixed with vodka instead of the traditional white rum.
What if Michael Brown's last moments had been recorded?
WASHINGTON (AP) - More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday.
WASHINGTON (AP) - The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. Many are taking steps that clash with the policies of others.
WASHINGTON (AP) - The internal records of as many as 25,000 Homeland Security Department employees were exposed during a recent computer break-in at a federal contractor that handles security clearances, an agency official said Friday.
The Street: Supporters of Darren Wilson, the Ferguson, Mo., police officer who fatally shot Michael Brown sparking days of tumultuous protests, are opening their wallets for the cop who used lethal force against an unarmed teenager.