Wednesday, January 28, 2015

Business

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WILMINGTON, Del. (AP) - A federal judge in Delaware ruled Wednesday that the Chapter 11 case of casino giant Caesars Entertainment Corp. will proceed in Illinois, denying a motion by several creditor groups who wanted the case heard in Delaware.
NEW YORK (AP) - More Super Bowl ad rookies will be trying to score a touchdown this Sunday.
HOUSTON (AP) - A UPS driver has been fired after a Houston homeowner posted security video that shows the delivery man throwing a parcel over a gate and urinating against a house.
WASHINGTON (AP) - The Republican-controlled House has passed a bill aimed at expediting approvals of natural gas exports.
ATLANTIC CITY, N.J. (AP) - Revel has finally won something.
NEW YORK (AP) - For small business owners who deliver goods and services via car, truck or SUV, lower gas prices have brought more customers within reach and put more money in their pockets.
PhillyDeals: Rita’s Italian Ice, the Trevose company that calls itself the world's largest water-ice store chain with more than 600 locations, says it has contracted with onetime Starbuck's executive Faysal Younes' Eathos Ltd., Dubai, to open at least 46 stores over the next ten years, in Turkey, Egypt, Saudi Arabia, the United Arab Emirates, and the smaller Arab nations of Bahrain, Kuwait, Oman and Qatar.
ALLENTOWN, Pa. (AP) - The owner of an Allentown amusement park is challenging a federal regulator's findings that it failed to protect summertime workers from extreme heat, including a teenager who was burned after collapsing near a deep fryer.
Two New Jersey congressmen are renewing their efforts to allow sports betting in the state.
RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of Newport seller Lorillard Inc. is moving forward after shareholders approved the deal at special shareholder meetings Wednesday.
The Street: Jim Cramer's charitable trust, Action Alerts PLUS, recently traded American Express, SunTrust Bank and Unilever. We asked an independent analyst to evaluate the stocks.
WASHINGTON (AP) - Mitt Romney is renewing his pledge to fight for the poor and middle class in a speech that questions Democrat Hillary Rodham Clinton's foreign policy and economic credentials.
NEW YORK (AP) - BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
NEW YORK (AP) - For small business owners who deliver goods and services via car, truck or SUV, lower gas prices have brought more customers within reach and put more money in their pockets.
RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of Newport seller Lorillard Inc. is moving forward after shareholders approved the deal at special shareholder meetings Wednesday.
MILAN (AP) - The cost of buying the final stake of Chrysler weighed on the newly merged Fiat Chrysler Automobile's profits in the fourth quarter, but CEO Sergio Marchionne said Wednesday that the company is turning itself around.
CHICAGO (AP) - Demand for commercial airliners boosted Boeing Co.'s fourth-quarter profit by 19 percent, topping Wall Street expectations by a wide margin and offsetting weakness in the defense business.
NEW YORK (AP) - Shake Shack increased the projected price range for its initial public offering of stock in the burger chain.
INDIANAPOLIS (AP) - Anthem has hiked its quarterly cash payout to shareholders by nearly 43 percent to keep up with its rising stock price after edging past Wall Street forecasts for the recently completed fourth quarter.
Philadelphia merchants, in the spirit of "if life gives you lemons, make lemonade," tried to turn snow into snow cones Monday and Tuesday, making up for revenue lost in the storm-that-wasn't.

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