http://www.philly.com/r?19=960&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F Business headlines from Philly.com. en-us Thu, 12 Nov 2009 20:59:54 GMT 2009-11-12T20:59:54Z en-us http://www.philly.com/r?19=961&43=165801&44=69884252&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_dropinusenergyusedragsstockmarketlower.html A jump in the nation's energy inventories sent stocks falling Thursday as investors worried that demand for oil and gasoline is falling because of the struggling economy. Thu, 12 Nov 2009 20:08:07 GMT 367dc7f3a44ba71c7b19b49794688290 2009-11-12T20:08:07Z http://www.philly.com/r?19=961&43=165801&44=69886452&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_retailersusesocialmediatoadvertisedeals.html You may want to check Facebook and Twitter before heading to the mall the day after Thanksgiving. Thu, 12 Nov 2009 20:08:08 GMT d24e90febb5df76482cdccff40110a1d 2009-11-12T20:08:08Z http://www.philly.com/r?19=961&43=165806&44=69860317&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_Home_foreclosures_fall_again.html Foreclosure filings declined nationally in October for the third consecutive month but remained 19 percent higher than in the same month in 2008, RealtyTrac Inc., of Irvine, Calif., reported today. Thu, 12 Nov 2009 16:54:00 GMT 4eeb0a05f24c69e07676ff513883cf57 2009-11-12T16:54:00Z http://www.philly.com/r?19=961&43=165806&44=69866002&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_IT_firm_receives_funding.html IPipeline, an Exton software company, said today it received $15 million from two private equity firms, NewSpring Capital of Radnor, and Fidelity Ventures of Boston. Thu, 12 Nov 2009 17:16:00 GMT 19b5cce8326beb85f4fd98169f620bdb 2009-11-12T17:16:00Z http://www.philly.com/r?19=961&43=165806&44=69871827&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_No_word_on_NBC_U_from_Vivendi.html Top executives from Vivendi, the French media conglomerate, declined during a conference call today with reporters to comment on their plans for the company's 20 percent stake in NBC Universal Inc. Thu, 12 Nov 2009 18:21:00 GMT b66b1ff03cf43ff39ab492da151a907b 2009-11-12T18:21:00Z http://www.philly.com/r?19=961&43=165806&44=69892172&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_US_Airways_to_U_S___We_cant_afford_new_traffic_control.html US Airways CEO Doug Parker told the Obama administration today that the airline industry supports a proposed new satellite-based national air traffic control system, but does not have the money to pay for it. Thu, 12 Nov 2009 20:38:00 GMT ffbad153a3cabbf76d1c770a0e61e605 2009-11-12T20:38:00Z http://www.philly.com/r?19=961&43=167961&44=69894072&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fhomepage%2F20091112_Letter_from_US_Airways_CEO_to_U_S__Transportation_secretary.html In a letter to U.S. Transportation Secretary Ray LaHood, US Airways' chairman and CEO, Doug Parker, responded to LaHood's invitation to attend the Future of U.S. Aviation Forum being hosted today by the Department of Transportation. Thu, 12 Nov 2009 20:59:54 GMT d8df91ca1d13a6ac7ff801e087b1440d 2009-11-12T20:59:54Z http://www.philly.com/r?19=961&43=165801&44=69886437&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_oildropssettlesbelow77aftersupplyreport.html Oil prices tumbled Thursday, dropping below $77 a barrel after the government reported that petroleum supplies continue to grow as American drivers and businesses cut way back on energy use. Thu, 12 Nov 2009 20:08:08 GMT 69896f8752545d5ffdfc5f53685030fe 2009-11-12T20:08:08Z http://www.philly.com/r?19=961&43=165801&44=69875447&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_aoltologadditional200minrestructuringcosts.html New regulatory filings suggest many more layoffs could be coming at AOL LLC as the Internet company separates from Time Warner Inc. by the end of the year. Thu, 12 Nov 2009 20:08:09 GMT b1cb993b73833d79e8a29bad7dd52074 2009-11-12T20:08:09Z http://www.philly.com/r?19=961&43=165806&44=69876027&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_Ex-Tyco_board_member_to_pay_N_J___5_6M.html Former Tyco International Ltd. board member Frank E. Walsh Jr. has agreed to pay New Jersey $5.6 million to settle a long-standing civil suit brought by the state that alleged securities fraud. Thu, 12 Nov 2009 19:10:00 GMT b3d23fcfd53cced258fe6b32eb0151d4 2009-11-12T19:10:00Z http://www.philly.com/r?19=961&43=165806&44=69871952&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_CEDC_selling_stock_and_notes.html Central European Distribution Corp., the Bala Cynwyd-based company that is Poland's largest vodka producer and major distributor of alcoholic beverages in Poland, is launching a public offering of 9.5 million shares of its stock. Thu, 12 Nov 2009 18:23:00 GMT 9e6258cb8c6a28733d794c19e6b89ce1 2009-11-12T18:23:00Z http://www.philly.com/r?19=961&43=165806&44=69871742&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_ACORN_sues__says_Congress_crossed_Constitution.html NEW YORK - ACORN has filed a lawsuit claiming that Congress crossed the Constitution when it passed a law cutting off federal funding to the organization. Thu, 12 Nov 2009 18:20:00 GMT 46d320fb6221f942924cb91b2da4329d 2009-11-12T18:20:00Z http://www.philly.com/r?19=961&43=165806&44=69871652&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_Perzel_among_10_charged_in_Pa__legislative_probe.html HARRISBURG - Former state House Speaker John M. Perzel is among 10 people connected to the House Republican caucus who are being charged in a new phase of a legislative corruption probe. Thu, 12 Nov 2009 18:19:00 GMT 7fff111294def5fa0fdaff9f857749e2 2009-11-12T18:19:00Z http://www.philly.com/r?19=961&43=165806&44=69866502&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_Cost_cuts_bring_Quigley_higher_profit.html Quigley Corp., the Doylestown manufacturer of Cold-EEZE lozenges, today posted an increased third-quarter profit, despite declining sales, by cutting $950,000 in sales, marketing, administration and research costs, including cutbacks in personnel expenses. Thu, 12 Nov 2009 17:23:00 GMT ec4bf2965fc391550dc303e3e48be4ee 2009-11-12T17:23:00Z http://www.philly.com/r?19=961&43=165801&44=69845602&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_joblessclaimsfallmorethanexpectedto502k.html New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers. Thu, 12 Nov 2009 13:52:19 GMT 93d2dbf858bd7faae5dbe600e020003b 2009-11-12T13:52:19Z http://www.philly.com/r?19=961&43=165801&44=69848217&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_callofdutygamesells310min24hours.html First-day sales of Activision Blizzard Inc.'s "Call of Duty: Modern Warfare 2" broke records, raking in an estimated $310 million in North America and the United Kingdom alone. Thu, 12 Nov 2009 16:25:58 GMT 9ac481c96b8c44078c737162c377e9d0 2009-11-12T16:25:58Z http://www.philly.com/r?19=961&43=165801&44=69841627&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_americansmaybesettlingintospendingless.html Americans spent about the same amount in October as in August and September, according to figures released Thursday by a key data service, and they may be settling into new low-spending habits. Thu, 12 Nov 2009 16:25:58 GMT dceaf8557cfb3eb64e899a9fa03cd465 2009-11-12T16:25:58Z http://www.philly.com/r?19=961&43=165806&44=69857437&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2Fbreaking%2F20091112_Lowes_to_open_Camden_County_store.html Lowe's Cos. Inc., will open a 116,000-square foot home improvement store and garden center on Route 73 in Voorhees tomorrow. Thu, 12 Nov 2009 16:19:00 GMT 1194e6328212674227b41ca56bc54b45 2009-11-12T16:19:00Z http://www.philly.com/r?19=961&43=165801&44=69855237&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_raytheongets197mnavydeal.html Raytheon Co. received a $197 million Navy contract for engineering and support for the LPD-17 class of amphibious warfare ships, the company said Thursday. Thu, 12 Nov 2009 16:25:58 GMT 3f83e517b8de72f1b27709fa9eeecbb6 2009-11-12T16:25:58Z http://www.philly.com/r?19=961&43=165801&44=69824747&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2F20091112_ap_gmneedsnewbuickregalchevycruzetobehits.html Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to U.S. taxpayers. Thu, 12 Nov 2009 16:25:58 GMT 31758d6df9199d09c7b10c209443b6ec 2009-11-12T16:25:58Z