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  • Police in Chester County's West Goshen Township identified the victims of Sunday's crash as 67- year-old Richard Poch of West Chester and 64- year-old Joseph Deal of Drexel Hill. "It was a flight review that pilots have to take every two years with an approved instructor to demonstrate competency in a number of skills," said Peter Knudson, a spokesman for the...

  • The Ohio chapter of the American Civil Liberties Union sued the state in late 2013, arguing that the prison system's policy is inconsistent, especially when the backgrounds of other high-security prisoners granted access to reporters are reviewed. The only plausible reason for granting interviews to other prisoners while denying access to the...

  • March 31- Comcast Corp Chief Financial Officer Michael Angelakis will leave his position to head a new investment arm with up to $4.1 billion to invest in growth-oriented companies, Comcast said on Tuesday. Philadelphia- based Comcast, which already has a venture capital arm through Comcast Ventures, said the new company would begin operations in 2015 or early...

  • NEW YORK, March 31- U.S. "We are also getting a little bit of safe-haven buying on the margin," said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott in Philadelphia. Uncertainty over the talks in Switzerland on hammering out a nuclear deal between Iran and global powers was also driving some bids for Treasuries, according to Vishal Khanduja,...

  • NEW YORK, March 31- U.S. "We are also getting a little bit of safe-haven buying on the margin," said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott in Philadelphia. Anxieties in Europe over Greece's finances were keeping the euro on track for its biggest losing quarter since the currency's introduction as central bankers in the region buy...

  • NEW YORK, March 31- U.S. stocks retreated on Tuesday from the previous session's rally, though major indexes were headed for a positive first quarter, while the euro was on track for its biggest quarterly fall as worries about Greece kept the currency under pressure. The European Central Bank's one-trillion-euro economic stimulus program, launched this month,...

  • NEW YORK, March 31- U.S. stock fell on Tuesday in a modest retreat from the previous session's sharp rally, though major indexes remained on track for a positive first quarter and the S&P 500 was set for its ninth straight quarterly rise. Energy shares will be in focus as crude oil fell 1.4 percent to $48 per barrel, sending the S&P Energy index down 1 percent and Exxon...

  • US home prices rise modestly, weigh on affordability Tuesday, 31 Mar 2015 | 9:00 AM ET

    WASHINGTON— U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. "Home prices are rising roughly twice as fast as wages, putting pressure on potential homebuyers and heightening the risk that any uptick in interest rates could be a major setback," said...

  • Comcast to establish strategic investment company Tuesday, 31 Mar 2015 | 8:05 AM ET

    NEW YORK— Comcast is establishing a firm with $4.1 billion in capital commitments to invest in fast-growing companies. Michael Angelakis, Comcast's chief financial officer, will be the company's CEO. Comcast will invest $4 billion in the venture, and at least $40 million will be invested personally by Angelakis.

  • WASHINGTON— A foundation is awarding grants to 32 innovative projects working to improve cities, totaling $5 million in funding. The winning projects range from combating blight in Detroit to installing porch swings in public places in Charlotte, North Carolina. In Detroit, one group will receive funding to create a "Brand Camp" to help create compelling brands...

  • Stanford's victims accused the SEC of negligence for having waited until 2009 to uncover the Ponzi scheme, despite having had evidence of it as early as 1997.. But the court said the SEC had discretion to decide how to enforce securities laws, and could not be liable for certain misrepresentations. Victims claimed that the SEC thought Stanford's business was a...

  • ABINGTON, Pa., March 30- The U.S. military faces a challenge recruiting people with the high-tech skills it needs for the future as those who joined after the Sep. 11, 2001 attacks leave the service and the U.S. economy creates more jobs, Defense Secretary Ash Carter said on Monday. Carter's speech at Abington Senior High School north of Philadelphia was part of the...

  • NEW YORK, March 27- Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade. The Labor Department report is due on Friday, when the stock market will be closed for Good Friday, leaving investors unable to trade on the data...

  • Stored for decades in attics, closets and a bank safe-deposit box in New Jersey, the gun belonging to former IRS agent Michael Malone— and possibly used by members of Al Capone's gang— is headed to Las Vegas, where it will be part of an the exhibit at The Mob Museum beginning in mid-April. "Michael Malone was, I believe, the greatest undercover agent in the history of law...

  • 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...