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  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch IC products, we think that would probably be a real driver...

  • NBCUniversal settles with unpaid interns for $6.4M Friday, 24 Oct 2014 | 11:55 AM ET

    NEW YORK— Nearly 9,000 unpaid interns stand to benefit from a $6.4 million settlement with NBCUniversal over back wages. Unpaid interns who worked on "Saturday Night Live" and other shows brought a class action suit last July in Manhattan federal court claiming NBCUniversal violated the law by classifying them as non-employee interns and paid them nothing or...

  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and profit, hurt by weak demand from smartphone makers, sending its shares down 13 percent in extended trading. "Given that certain Samsung designs that have come out recently are not using Synaptics touch ID products, we think that would probably be a real driver...

  • Comcast tops Street 3Q forecasts Thursday, 23 Oct 2014 | 7:21 AM ET

    PHILADELPHIA _ Comcast Corp. on Thursday reported net income of $2.59 billion in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Analysts expected $16.78 billion, according to Zacks.

  • Comcast wins more Internet customers, ad sales up Thursday, 23 Oct 2014 | 7:01 AM ET

    NEW YORK— Comcast Corp.' s third-quarter net income jumped 50 percent in the third quarter, helped by a one-time tax settlement, growth in Internet subscribers and fewer defectors from its cable service. Comcast is in the midst of a $45 billion takeover of Time Warner Cable, a deal that is under regulatory review. AT&T Inc. is planning to buy satellite service...

  • The top 20 US cities for tech startup funding Wednesday, 22 Oct 2014 | 1:44 PM ET

    About half of that funding went to San Francisco and Silicon Valley, according to the National Venture Capital Association. 1. San Francisco, $9.32 billion, 506 deals. 2. San Jose, California, $3.78 billion, 237 deals.

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...

  • Social Security benefits get another tiny increase Wednesday, 22 Oct 2014 | 3:31 AM ET

    WASHINGTON— Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes. The 1.7 percent cost-of-living adjustment, or COLA, will also boost government benefits for millions of disabled veterans, federal retirees and people drawing disability payments...

  • Strong dollar hurts profits of U.S. companies Tuesday, 21 Oct 2014 | 5:49 PM ET

    Coca Cola Co and McDonald's Corp on Tuesday became the latest multinationals to get sideswiped by the surging U.S. currency, which typically crimps demand for U.S. exports and reduces the value of overseas sales when they are translated back into U.S. dollars. McDonald's forecast currency to cut fourth-quarter earnings per share by 5 cents to 6 cents, after...

  • Lewinsky calls for end to culture of cyberbullying Monday, 20 Oct 2014 | 4:18 PM ET

    PHILADELPHIA— Monica Lewinsky says she was "patient zero" in a cyberbullying epidemic that has since been blamed for teen suicides and celebrity exploitation. The former White House intern spoke in Philadelphia at Forbes magazine's 30 Under 30 Summit. She says she was inspired to act after the 2010 suicide of a Rutgers University student whose roommate used a...

  • Urban Outfitters struggles with sales slump Thursday, 16 Oct 2014 | 7:06 PM ET

    PHILADELPHIA— Urban Outfitters Inc. said Thursday that an ongoing sales slump could hurt its third-quarter earnings, which sent its shares plunging in extended trading. The Philadelphia- based retailer has delivered strong sales gains at its Anthropologie and Free People brands recently, but its namesake brand has floundered. Shares of the Philadelphia-...

  • Inquirer, Daily News sites merging with Philly.com Thursday, 16 Oct 2014 | 7:04 PM ET

    PHILADELPHIA— The Philadelphia Inquirer and Philadelphia Daily News will shutter their individual websites and refocus attention on their joint Philly.com portal. In a letter to staff Thursday, the company says the Inquirer and Daily News replica edition apps will remain premium products for subscribers. Staff members have endured a quick succession of...

  • *Industrial output posts biggest gain since November 2012. WASHINGTON, Oct 16- The number of Americans filing new claims for jobless benefits fell to a 14- year low last week and industrial output rose sharply in September, positive signals that helped ease fears over the economic outlook. Initial claims for state unemployment benefits dropped 23,000 to...

  • Crown beats Street 3Q forecasts Thursday, 16 Oct 2014 | 5:24 PM ET

    PHILADELPHIA _ Crown Holdings Inc. on Thursday reported third-quarter profit of $244 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Analysts expected $2.58 billion, according to Zacks.

  • WRAPUP 3-Data show U.S. economy's pulse is still strong Thursday, 16 Oct 2014 | 10:59 AM ET

    *Industrial output posts biggest gain since November 2012. WASHINGTON, Oct 16- The number of Americans filing new claims for jobless benefits fell to a 14- year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook. Initial claims for state unemployment benefits dropped 23,000 to...

  • Factories in Philadelphia area grow more slowly Thursday, 16 Oct 2014 | 10:33 AM ET

    WASHINGTON— A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity slipped to 20.7 from 22.5 in September.

  • Too soon? How about not at all for Ebola Halloween Tuesday, 14 Oct 2014 | 12:08 PM ET

    NEW YORK— No holiday screams pop culture controversy quite like Halloween. The idea of riffing on the crisis for Halloween "definitely rubs me the wrong way," said McKenna, who works with post-surgical patients at a hospital. Like it or not, some costume sellers have leftover yellow jumpsuits, rubber gloves and masks from the "Breaking Bad" craze last Halloween.

  • Liquid nicotine exposures up sharply among kids Tuesday, 14 Oct 2014 | 2:52 AM ET

    "With kids, the exposure we're seeing is usually parents or family members leave out refill bottles that they try and open," said Ashley Webb, director of the Kentucky Regional Poison Control Center. The number of e-cigarette users has climbed to several million worldwide, and the devices have become the center of an industry that has grown in the last four years...

  • Commuter train engineers reach deal with SEPTA Monday, 13 Oct 2014 | 3:09 PM ET

    PHILADELPHIA— Engineers who operate commuter trains in the Philadelphia area reached a tentative contract with the Southeastern Pennsylvania Transportation Authority, union and transit officials said Monday, meaning passengers can continue riding the rails without fear of another strike if the pact is accepted. "This agreement keeps the trains rolling...

  • Casino woes bring deep discounts in Atlantic City Monday, 13 Oct 2014 | 1:25 PM ET

    —THE PIER SHOPS AT CAESARS: Philadelphia developer Bart Blatstein is buying the multi-level shopping and entertainment pier that juts out over the ocean for $2.8 million, according to a source with knowledge of the deal, speaking to The Associated Press on condition of anonymity because the person was not authorized to discuss it publicly.