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  • New Jersey officials pleading for Mercedes to stay Saturday, 27 Dec 2014 | 1:15 PM ET

    German luxury automobile maker Mercedes-Benz hasn't even publicly said it's considering moving its U.S. headquarters out of New Jersey, but some state officials are so concerned about the possibility they're campaigning publicly to try to keep the company and its 1,000 jobs where they are. The possibility of Mercedes-Benz USA, the U.S. marketing and...

  • Travel headaches for some into Christmas Day Wednesday, 24 Dec 2014 | 12:36 AM ET

    CHICAGO— A mix of Gulf Coast thunderstorms expected to travel north, predicted snowfall in the Great Lakes and blustery conditions in the nation's midsection threatened Tuesday to tangle holiday travel plans nationwide. While snow fell in some Midwestern states— nearly 2 feet in South Dakota's Black Hills— a strong storm system expected to drop rain along the...

  • *Metro Bank broke mould by using software supplier. LONDON, Dec 21- When Metro Bank prepared to launch in 2010 as the first new bank to appear on British high streets for over a century, its founders broke with convention by outsourcing the construction of its computer systems. "That's the way the whole process developed in America," said Metro Bank co-founder Vernon...

  • Dec 20- More than 1,500 protesters against police violence shut down part of the Mall of America in Minnesota on Saturday, resulting in about 25 arrests during the final weekend before Christmas as shoppers scrambled to buy gifts at one of the nation's largest shopping centers, officials said. The protest and a smaller action at the King of Prussia Mall in...

  • Last U.S. holiday shopping weekend off to solid start Saturday, 20 Dec 2014 | 3:57 PM ET

    CHICAGO/ NEW YORK, Dec 20- Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results. Crowds were building at stores in and around New York, Philadelphia, Chicago and Los Angeles by midday on Saturday.

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company battles sluggish demand for packaged food products in the United States. Kraft shares rose 6.4 percent to close at $63.38, an all-time high since the company was spun off from Mondelez...

  • Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company tries to accelerate its growth. Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012, has focused on expanding its reach among growing...

  • Manufacturing growth slows in Philadelphia region Thursday, 18 Dec 2014 | 10:32 AM ET

    WASHINGTON— Manufacturing in the Philadelphia region grew at a much slower pace in December compared with the previous month. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity dropped to 24.5 this month from 40.8 in November. The survey covers manufacturing in Pennsylvania, New Jersey and Delaware.

  • Nielsen's top programs for Dec. 8-14 Tuesday, 16 Dec 2014 | 5:12 PM ET

    3. "The Big Bang Theory," CBS, 15.49 million. 6. "60 Minutes," CBS, 11.38 million. 8. "Blue Bloods," CBS, 11.09 million.

  • $151M verdict over Wal-Mart workers' breaks upheld Tuesday, 16 Dec 2014 | 5:10 PM ET

    PHILADELPHIA— Pennsylvania's highest court is upholding a $151 million verdict in favor of employees at Wal-Mart and Sam's Club who say they were forced to work through their breaks. The Philadelphia Inquirer says Monday's decision affects 187,000 people who worked for Bentonville, Arkansas- based Wal-Mart Stores Inc. between 1998 and 2006..

  • Ex-officials accused of theft from school district Monday, 15 Dec 2014 | 2:02 PM ET

    COATESVILLE, Pa.— Two former officials at a suburban Philadelphia school district who resigned after a text message scandal are now charged with stealing money from the district, prosecutors announced Monday. Former Coatesville Area School District superintendent Richard Como and athletic director James Donato are charged with theft of school district...

  • PENNSBURG, Pennsylvania— Prosecutor: Man suspected of killing 6, wounding 1 near Philadelphia still at large.

  • NEW YORK, Dec 14- For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety. The public assistance in states like New York, Pennsylvania, Ohio, Oklahoma and Oregon comes as railroads are posting record profits, and...

  • FACTBOX-Taxpayers help subsidize oil-by-rail boom Sunday, 14 Dec 2014 | 7:00 AM ET

    Granting Agency: U.S. Department of Transportation Amount: $10 million Year: 2013 Recipient: South Eastern Pennsylvania Transportation Authority Description: Used to separate a CSX freight and commuter line that became crowded as demand for crude by rail grew in the Philadelphia area. Granting Agency: U.S. Department of Transportation Amount: $6.6 million...

  • NEW YORK, Dec 10- U.S. stocks lost more than 1 percent on Wednesday in the S&P 500' s biggest decline since Oct. 13 as another big drop in oil prices hammered energy shares. Selling accelerated in afternoon trading, and by day's end, NYSE declining issues outnumbered advancers by a ratio of 4.66 to 1 ratio. Brent crude touched a new five-year low of $63.56 as Saudi...

  • Gilead sued over 'exorbitant' hepatitis C drug prices Wednesday, 10 Dec 2014 | 3:55 PM ET

    Dec 10- Philadelphia's transportation authority has filed a class action lawsuit accusing Gilead Sciences Inc of charging "exorbitant" prices for its blockbuster hepatitis C drug Sovaldi. The lawsuit, filed Tuesday in federal court in Philadelphia by the Southeastern Pennsylvania Transportation Authority, seeks an unspecified amount of money damages.

  • NEW YORK, Dec 10- U.S. stocks extended their declines on Wednesday afternoon, with all three major indexes down more than 1 percent each as the energy sector resumed its recent slide along with oil prices. Selling picked up in early afternoon, with declining issues outnumbering advancing ones on the NYSE by 2,450 to 613, for a 4.00- to-1 ratio.

  • Boutrous represented the world's largest retailer, Wal-Mart, in one of the most anticipated business cases in years. Gibson Dunn is not the only law firm to turn Supreme Court appearances into gold. After the firm Sidley Austin won a Supreme Court patent case for eBay, it earned at least $10 million in unrelated legal fees from the online retailer, say people with...

  • TREASURIES-Prices mostly steady as long bond gains Wednesday, 3 Dec 2014 | 3:41 PM ET

    NEW YORK, Dec 3- U.S. Treasuries prices were little changed on Wednesday after two days of losses as traders awaited possible monetary policy shifts by the European Central Bank and a key report on U.S. unemployment. "The release of those pressures today are allowing the more natural buyers to emerge," said Guy LeBas, chief fixed income strategist at Janney...