Tuesday, October 21, 2014
Inquirer Daily News


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NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.
A U.S. bankruptcy judge's decision last week to allow the Trump Taj Mahal Casino in Atlantic City to jettison a traditional defined-benefit pension and company-sponsored health insurance could spell the end of historically solid benefits for low-paid casino workers.
Billionaire Carl Icahn won Round One in a Wilmington bankruptcy court on Friday, when a judge ruled to nullify Unite Here Local 54's contract pertaining to health-care and pension benefits for Trump Taj Mahal casino workers.
Lisa Shepard followed the rules. She got a good education. She became a registered nurse and then got a law degree. Her schooling led to a good job in health-care management. She bought a home she could afford in Jessup, Md. She lived within her means.
In the Region Sears leaving King of Prussia Sears Holdings Corp. announced Monday that it will no longer operate a retail store or auto center at the...
When it comes to pulling up to the gasoline pump, Americans haven't had it this good since 2011. Plunging fuel prices will free up as much as $60 billion over the next year that the consumer can spend on a fall jacket, a movie ticket, or just more groceries. Economists at Barclays P.L.C. and JPMorgan Chase & Co. are among those that reckon the boost to incomes will lift U.S. economic growth.
Pennsylvania Real Estate Investment Trust has been renovating shopping malls, selling less-successful properties, and paying down its debt since the last recession.
Peter Thiel - a founder of online-payments giant PayPal, the first investor in Facebook, and deal partner of Tesla Motors boss Elon Musk - disrupts and provokes. He pays smart tech kids to drop out of blue-chip colleges like Stanford (where Thiel went) and MIT. And he praises monopoly as the righteous goal of every thinking businessperson.
WASHINGTON - U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.
NEW YORK - The U.S. stock market moved quietly higher Monday as investors decided to step back into a market that was rattled by white-knuckle turbulence last week.
DETROIT - A potential crisis over defective air bags widened Monday as the U.S. government issued an urgent plea to more than 4.7 million people to get their cars fixed.
NEW YORK (AP) - Please watch another channel.
WASHINGTON (AP) - There's a strict set of standards for organic foods. But the rules are looser for household cleaners, textiles, cosmetics and the organic dry cleaners down the street.
BEIJING (AP) - China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.
SEOUL, South Korea (AP) - The latest version of Samsung's popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline in profit from its global smartphone business.
NEW YORK (AP) - If there ever comes a day I can ditch my wallet and use my phone to pay for everything, I'll look back to my first purchase through Apple Pay: a Big Mac and medium fries for $5.44. That wallet-free day won't be coming for a while, if ever, but Apple's new payments system brings us much closer.
REDMOND, Wash. (AP) - Microsoft has given its new CEO Satya Nadella a pay package worth $84.3 million, most of it in the form of long-term stock awards.
NEW YORK (AP) - Amazon.com and Hachette Book Group remain in a months-long standoff, but the online retailer has reached a multiyear agreement with another major New York publisher, Simon & Schuster.
Colorado health officials want to ban many edible forms of marijuana, including brownies, cookies and most candies.
PREIT should keep C. Hill, Willow G, Gallery, Springfield, says Litts

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