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  • Man who drove SUV on runway gets 16 months prison Wednesday, 24 Oct 2012 | 1:58 PM ET

    PHILADELPHIA-- A man who drove an SUV onto an airport runway, forcing a passenger jet to abort its landing, was sentenced Wednesday to 16 months in prison and must pay $92,000 in restitution. Kenneth Mazik, 25, of Chadds Ford, crashed through a gate on March 1 and led police on a runway chase at speeds topping 100 mph.

  • Foundation investing nearly $20M in Detroit arts Wednesday, 24 Oct 2012 | 10:02 AM ET

    DETROIT-- Arts groups in Detroit will share nearly $20 million donated by the John S. and James L. Knight Foundation, including $9 million to be awarded through a communitywide contest to boost the city's best arts ideas, the foundation announced Tuesday.

  • WHY IT MATTERS: Civil Rights Tuesday, 23 Oct 2012 | 12:23 AM ET

    In areas such as mortgages, voter identification and immigration enforcement, the presidential candidates differ over how to use laws that guarantee equality and how far the Justice Department's civil rights division, which exerts strong influence on issues of race and ethnicity, should go to ensure all Americans are treated fairly.

  • News Summary: Philly Fed manufacturing index rises Thursday, 18 Oct 2012 | 3:12 PM ET

    GROWING AGAIN: Manufacturing in the Philadelphia region expanded in October following five months of declines. THE DETAILS: The Federal Reserve Bank of Philadelphia reported Thursday that its index of regional manufacturing activity had a reading of 5.7 in October following a -1.9 reading in September. The gain took the Philadelphia index.

  • Philadelphia Fed manufacturing index expands Thursday, 18 Oct 2012 | 10:47 AM ET

    WASHINGTON-- Manufacturing in the Philadelphia region expanded in October following five months of declines, a positive sign for a U.S. manufacturing sector which had been weakening for much of the year. The better-than-expected reading from the Philadelphia survey followed a positive report on national manufacturing conditions.

  • Two days after NHL offer, union set to have a say Thursday, 18 Oct 2012 | 10:01 AM ET

    On Tuesday, the NHL made its strongest, and most public, pitch yet to save a full season. "I hope we can get going ASAP," Red Wings defenseman Niklas Kronwall told The Associated Press on Wednesday. " Fehr met with the union to formulate a response, and in a letter to players and agents said the management plan would cost his members more than $1.6 billion over six years.

  • Dollar rises after mixed US economic data Thursday, 18 Oct 2012 | 12:15 AM ET

    That's a sign layoffs are increasing, but the Labor Department said that there were technical reasons behind rise, such as delayed figures from California. The Federal Reserve Bank of Philadelphia says that manufacturing in the Philadelphia region expanded in October after five months of declines.

  • Citi's long run of stumbles, successes, near-death Tuesday, 16 Oct 2012 | 5:41 PM ET

    In between its founding and its near-death, the company now called Citigroup has played a central role in U.S. financial history. On Tuesday, Corbat was named Citi's new CEO after the abrupt departure of Vikram Pandit, who had led the company through the financial crisis and its aftermath.

  • Browns sale to Haslam approved; Holmgren to leave Tuesday, 16 Oct 2012 | 2:18 PM ET

    New Cleveland Browns owner Jimmy Haslam III said Tuesday that Holmgren was out as team president, although the Super Bowl-winning coach will remain with the franchise to help in the transition. Haslam was introduced as the Browns' new boss after the 32 NFL owners unanimously approved his $1 billion purchase of the team from Randy Lerner.

  • Turkey Hill announces voluntary ice cream recall Tuesday, 16 Oct 2012 | 10:54 AM ET

    LANCASTER, Pa.-- Turkey Hill Dairy of Lancaster County, Pa. has announced a voluntary recall of about 1,200 cartons of Mint Chocolate Chip All Natural Ice Cream because it contains coconut that's not listed on the label.

  • September table games revenue up 15 percent in Pa. Monday, 15 Oct 2012 | 3:43 PM ET

    PHILADELPHIA-- Pennsylvania gambling regulators say gross revenue from table games was up 15.4 percent last month compared to the same period a year ago. The Pennsylvania Gaming Control Board reported Monday that the state's 11 casinos generated $59.3 million in gross revenue from table games last month.

  • Obama embraces economic record in new commercial Monday, 15 Oct 2012 | 3:28 PM ET

    WILLIAMSBURG, Va.-- With the economy showing some signs of improvement three weeks before Election Day, President Barack Obama on Monday laid down a full embrace of the economic record many Republicans say is his biggest weakness.

  • Big winners from Pa. gas drilling impact fee Monday, 15 Oct 2012 | 1:58 PM ET

    Pennsylvania state officials said Monday about $200 million worth of impact fees from the Marcellus Shale natural gas drilling industry are about to be sent out, with the largest portion being directed to counties where the drilling occurred. _ Clearfield County, $1.15 million. _ Fayette County, $1.45 million.

  • Fried chicken, comfort food, gets star turn in NYC Friday, 12 Oct 2012 | 9:31 AM ET

    NEW YORK-- Fried chicken, that mainstay of comfort food, is getting the star treatment. Whoopi Goldberg was one of the event's co-hosts. He told The Associated Press on Thursday that he was planning to open a restaurant that would be serving fried chicken and other comfort food in New York City at the end of January 2013.

  • American Airlines stumbles on path to recovery Thursday, 11 Oct 2012 | 3:57 PM ET

    DALLAS-- Just weeks ago, American Airlines was working its way through bankruptcy court, on schedule for one of the fastest turnarounds in aviation history. Then seemingly overnight, American became the butt of jokes from Facebook to late-night TV. "American Airlines has a new slogan," Jay Leno joked on NBC's "The Tonight Show."

  • Tom Hanks to make his Broadway debut next year Thursday, 11 Oct 2012 | 1:31 PM ET

    NEW YORK-- Tom Hanks will play a gutsy New York City newspaper columnist when he makes his debut on Broadway in the spring. Previews begin March 1 at the Broadhurst Theatre and an opening night is set for April 1.

  • *SEC action is' first-best' option; FSOC is' second-best'. *Fed official still hopes SEC will adopt money market rules. Fed Governor Daniel Tarullo said it was unfortunate that the SEC, the primary regulator of the $2.6 trillion industry, has so far failed to advance new rules for the market, which since the financial crisis has been viewed as posing a systemic risk.

  • *SEC action is' first-best' option; FSOC is' second-best'. *Fed official still hopes SEC will adopt money market rules. Fed Governor Daniel Tarullo said it was unfortunate that the SEC, the primary regulator of the $2.6 trillion industry, has so far failed to advance new rules for the market, which since the financial crisis has been viewed as posing a systemic risk.

  • Fed Governor Daniel Tarullo said it was unfortunate that the SEC, the primary regulator of the$ 2.6 trillion i ndustry, has so far failed to advance new rules for the market that since the financial crisis has been seen as posing a systemic risk.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

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