Friday, July 25, 2014
Inquirer Daily News


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It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures. They're grocery store owners.
A Bucks County videographer has settled claims by the state that he failed to provide dozens of couples with their wedding videos, the state Attorney General's Office announced Friday.
While the United States is in the middle of a solid economic expansion that has restored all of the jobs lost during the Great Recession, New Jersey...
PhillyDeals: At 140,000 sq ft - more than triple the size of the nearby Whole Foods Market - the new Wegmans starting to rise in the southeast corner of US 202 (Wilmington-West Chester Pike) and US 1 (Baltimore Pike) in Chadds Ford and Concord townships (Glen Mills p.o.), Delware County, will draw shoppers from Chester County and north Wilmington as well as Delco's rich western suburbs, commercial real estate broker Marshall J. Soss tells me.
The Street: With cocoa prices on the rise since 2013, most U.S. confectioners have started to hike prices of chocolate bars and candies. It is unlikely that these higher prices will translate into lower demand, though.
The Street: Ice cream is in season, but Dunkin' Brands owner of the Baskin-Robbins franchise, is having a hard time generating profit, especially internationally.
The Street: Yum! Brands and McDonald's have taken different approaches to this week's tainted meat scandal in China. McDonald's is standing by the company while Yum! Brands has severed ties.
The Street: Starbucks aggressive store remodels are bolstering profit margins at the Seattle-based retailer.
The Street: During Hollywood's Golden Age, Edith Head worked with virtually every top female star. Her claim to fame, (besides Dorothy Lamour's trademark sarong), was using color theory to make women look fabulous. It's an approach to developing dresses for women Anne Dayton is bringing to the masses via her upstart website PIOL Dress.
The Street: Suburban communities are known for green grass, good schools and other kid-friendly features - but all of those children have to come from somewhere, so here's a look at America's sexiest suburbs.
Institutional Shareholder Services, a leading shareholder advisory firm, is telling shareholders to protest Sprint Corp. CEO Dan Hesse's $49 million 2013 pay package, saying it's excessive and not tied to performance.
BERLIN (AP) - Air France and Germany's two biggest airlines decided Friday to resume flights to Tel Aviv after canceling operations for several days over safety concerns.
NEW YORK (AP) - The stock market sank in morning trading Friday after Visa and Amazon posted weaker results than Wall Street expected. If the declines continue, the market would erase almost all of its gains from earlier in the week.
LONDON (AP) - London-based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving Rupert Murdoch's 21st Century Fox a cash boost to potentially revive its attempt to buy Time Warner.
DENVER (AP) - Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.
BRUSSELS (AP) - European Union ambassadors reached a preliminary deal Friday on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.
SEOUL, South Korea (AP) - South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.
MOSCOW (AP) - Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
LONDON (AP) - Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.
Even as regional leaders approved a $10.5 billion plan to boost transportation funding for Southeastern Pennsylvania on Thursday, state Transportation Secretary Barry Schoch warned that road and transit projects could be endangered by congressional inaction on the federal Highway Trust Fund.
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