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  • Political consultant sues David Axelrod over book claim Thursday, 26 Mar 2015 | 12:20 PM ET

    PHILADELPHIA— A political operative has sued presidential campaign adviser David Axelrod over Axelrod's claim that he came up with the attack strategy that saved an embattled Philadelphia mayor in 2003.. Philadelphia campaign consultant Frank Keel said it was his idea to blame Republicans for the FBI listening device found in Democratic Mayor John...

  • In Washington, U.S. State Department spokesman Jeff Rathke identified Robert Oliver as the third American citizen killed in the crash. He provided no further details Thursday, but Oliver's parents told Spain's La Sexta television channel their son lived in Barcelona and worked for the Desigual clothing company based in Spain's second-largest city.

  • Obama highlights benefits of trade on small businesses Wednesday, 25 Mar 2015 | 5:59 PM ET

    WASHINGTON— President Barack Obama met with mayors and owners of small businesses at the White House on Wednesday to highlight the benefits of trade on a broad swath of the economy. Participants included Mayors Michael Nutter of Philadelphia and Bob Buckhorn of Tampa, Florida, as well as nine small-business owners from across the country.

  • Five Below tops Street 4Q forecasts Wednesday, 25 Mar 2015 | 4:21 PM ET

    PHILADELPHIA _ Five Below Inc. on Wednesday reported fiscal fourth-quarter net income of $33.3 million. Seven analysts surveyed by Zacks expected $262.3 million. For the current quarter ending in April, Five Below said it expects revenue in the range of $150 million to $152 million.

  • Heinz-Kraft deal: The stories behind the brands Wednesday, 25 Mar 2015 | 2:41 PM ET

    NEW YORK— The combination of H.J. Heinz Co. and Kraft Foods Group Inc. will bring many of America's oldest and best-known brands under the same corporate roof. Pearle Bixby Wait started mixing powdered gelatin with fruit flavors and sugar. The result was sold to the Genesee Pure Food Company in 1899, and within a few years, advertisements in The Ladies Home...

  • Comcast says $45B Time Warner Cable deal to take longer Wednesday, 25 Mar 2015 | 12:47 PM ET

    NEW YORK— Comcast says its $45 billion purchase of Time Warner Cable will take longer than expected because of a long-running regulatory review. Comcast said in a blog post Wednesday that it now expects the FCC's review to finish in the middle of the year. Philadelphia- based Comcast Corp. has called the case a "procedural matter" related to its Time Warner Cable...

  • NEW YORK— Comcast is adding more social media representatives as it tries to work on its reputation for inefficient, unresponsive or just plain rude customer service. The country's biggest cable provider is promoting its customer service efforts as regulators weigh whether to allow Comcast to buy the No. 2 cable company, Time Warner Cable, in a $45 billion deal...

  • March 24- Merck& Co Inc said on Tuesday that it would stop a large study of its Keytruda melanoma treatment early because an independent monitoring committee determined the drug succeeded in its goal of prolonging survival in previously untreated patients at advanced stage of the disease. The medicine, a PD-1 inhibitor that works by taking the brakes off the...

  • US home sales rebound slightly in February Monday, 23 Mar 2015 | 10:01 AM ET

    WASHINGTON— Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months. Sales of existing homes rose 1.2 percent last month to a seasonally adjusted annual rate of 4.88 million, a slight rebound after plunging in January yet still underperforming...

  • Ahead of the Bell: US home sales Monday, 23 Mar 2015 | 6:23 AM ET

    WASHINGTON— The National Association of Realtors reports on February sales of existing homes Monday at 10 a.m. Eastern. Housing starts plunged 17 percent in February, the Commerce Department reported last week. Buyer traffic also slipped last month, according to the National Association of Home Builders/Wells Fargo index.

  • NEW YORK, March 20- A Philadelphia jury on Friday found that Johnson& Johnson's Janssen Pharmaceuticals failed to warn that antipsychotic drug Risperdal could cause male breast growth, in a case filed by a young man who had taken the drug, but it awarded no damages after finding no direct link to the man's condition. The verdict came after a month-long trial in the...

  • NEW YORK, March 20 (Reuters)- The dollar stumbled on Friday, capping its worst weekly performance against the euro in more than two years, pulled lower by expectations U.S. interest rates will rise more slowly than previously expected. Jens Nordvig, Nomura's head of global foreign exchange, said one major reason for the sharp reduction in the Fed's rate forecasts...

  • *Wall St stocks rally; S&P set for weekly gain. *European stocks helped after Athens' assurances. NEW YORK, March 20- The U.S. dollar fell sharply on Friday and was on track for its biggest weekly decline against the euro in more than three years, helping to drive a rally in Wall Street stocks and crude oil.

  • FOREX-Dollar struggles anew on U.S. rate view Friday, 20 Mar 2015 | 10:51 AM ET

    *Euro on track for best week vs dollar since Oct 2011. NEW YORK, March 20- The dollar fell on Friday, on track for its worst weekly performance in more than two years against the euro, undermined by expectations U.S. interest rates will rise much slower than expected. "This is just some counter-trend correction in the dollar and is transitory," said Mark Luschini, chief...

  • WASHINGTON— Manufacturing activity in the Philadelphia region expanded more slowly in March than the previous month as new orders slipped. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity ticked down to 5 this month from 5.2 in February. The survey covers manufacturing in eastern Pennsylvania, southern New...

  • The Harvard- trained lawyer, who departed last week as NSA general counsel, arrived at the spy agency three years ago following stints at the White House, the Justice Department and the 9/ 11 Commission. De's outsider status, his White House ties and his willingness to engage with skeptics helped guide the digital spy agency through the biggest crisis in its...

  • Streaming TV services: What you get, what it costs Wednesday, 18 Mar 2015 | 12:01 PM ET

    NEW YORK— Sony jumped into the pay-television business Wednesday with an online package of more than 50 channels starting at $50 a month. In the works for more than a year, the PlayStation Vue service could drive more people to drop their traditional cable or satellite TV offerings, especially as Sony touts such benefits as unlimited online storage for...

  • SONY'S PLAYSTATION VUE ONLINE TV SERVICE LAUNCHES AT $50 A. NEW YORK, March 18- Sony Corp on Wednesday launched its PlayStation Vue Web video service in three cities, targeting customers looking for cheaper alternatives to cable with packages starting at $50. Sony's service will have more than 85 channels, including programming from three major networks, CBS,...

  • HARRISBURG, Pa.— Penn State intends to hold accountable the fraternity members who used a private, invitation-only Facebook page to post "appalling, offensive" photos of nude and partly nude women, some apparently asleep or passed out, a university official said. A Penn State administrator called the allegations a violation of the standards and values required...

  • HARRISBURG, Pa.— A Penn State University fraternity was suspended for a year Tuesday after police began investigating allegations that members used a private, invitation-only Facebook page to post photos of nude and partly nude women, some apparently asleep or passed out. The fraternity's national executive director, Joe Rosenberg, told the Penn State...