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Philadelphia

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  • Mayor: Cop killer said he was 'going to be famous' Sunday, 13 Jul 2014 | 8:19 AM ET

    Lawrence Campbell shot Officer Melvin Santiago in the head shortly after he and his partner arrived at the 24- hour Walgreens at around 4 a.m., Jersey City Mayor Steven Fulop said. Campbell, 27, of Jersey City, was one of three suspects wanted by police for a prior homicide, Fulop said.

  • July 12- The Trump Plaza Hotel in Atlantic City could shut its doors in September and lay off 1,000 workers, a local newspaper reported, in what could make it the fourth casino to close this year in the faltering New Jersey resort city.

  • Corbett signs budget, takes on lawmakers, pensions Thursday, 10 Jul 2014 | 9:40 AM ET

    Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto power to spotlight what he called the Legislature's failure to sacrifice with the rest of government or to curb rising public-sector pension costs that are fueling school tax increases.

  • Firm to get $260M in aid to build plant in Camden Thursday, 10 Jul 2014 | 3:31 AM ET

    TRENTON, N.J.— New Jersey officials on Thursday approved tax incentives worth $260 million over 10 years for a company to bring 395 jobs— many of them in manufacturing— to Camden, a city in dire need of employment options.

  • *Alcoa to report after market close, revenue seen down. NEW YORK, July 8- U.S. stocks fell in a broad selloff on Tuesday, dropping for a second straight session in their biggest one-day drop in almost two months as investors pulled back ahead of the start of corporate earnings season.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Banamex USA, the U.S. arm of Citigroup Inc's Mexican banking group Banamex, are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Citigroup Inc's Banamex unit in Mexico are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Citigroup Inc's Banamex unit in Mexico are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.

  • *DuPont drops after outlook cut. NEW YORK, June 27- U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.

  • NEW YORK, June 27- U.S. stocks erased early losses to close up on Friday but still finished the week lower on mixed economic data, while European equities had their first weekly drop since April on worries over Iraq and Ukraine.

  • *DuPont drops after outlook cut. NEW YORK, June 27- U.S. stocks ended modestly higher on Friday, led by technology shares, though a downbeat second-quarter forecast from DuPont Co kept a lid on gains.

  • *DuPont drops as outlook cut. NEW YORK, June 27- The Dow and S&P 500 edged lower on Friday following a downbeat second-quarter forecast from DuPont, though consumer sentiment data helped support the market.

  • June 24- Coal miners and power companies are both suffering as railroads struggle to clear a backlog of coal stuck in the Powder River Basin in Wyoming and Montana after the harshest winter in over a decade.

  • WASHINGTON, June 21- On a Friday afternoon in March, Jose Luis Zamora pulled into a Lexus dealership in Dallas to test-drive a new car with his wife. A routine credit check matched him to Jose Hernan Zamora, a Colombian who is no relation to the Texas resident and was added to the Treasury Department's sanctions list around 1997 for his ties to narcotics traffickers.

  • The Securities and Exchange Commission said that Philadelphia- based TL Ventures Inc will pay about $300,000 to settle the case without admitting or denying allegations that it continued receiving advisory fees from state and city pension funds, even after one of its associates had donated to local political candidates.

  • Medicaid cures cities' uninsured rate: Study Friday, 20 Jun 2014 | 1:48 PM ET

    Expanding Medicaid eligibility will significantly affect uninsured rates in seven major cities, and bring them billions in federal money, according to a study.

  • NEW YORK, June 16- Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.

  • WASHINGTON/ NEW YORK, June 11- The U.S. Justice Department is spending some of the $13 billion JPMorgan Chase& Co agreed to pay to settle claims stemming from mortgage misdeeds to speed up similar punishments against other lenders, possibly including Bank of America Corp and Citigroup, according to people familiar with the matter.

  • NEW YORK, June 10- Largely ignored during much of last year's 30 percent rally in the Standard& Poor's 500 Index, the stocks leading the U.S. market this year rank among its usually sleepiest components. The best sector in 2014 is utilities, including Consolidated Edison, about as staid a group as one can get.

  • NEW YORK, June 4- U.S. stocks rose on Wednesday, with the S&P 500 hitting another intraday record high as investors brushed off weaker-than-expected labor market data and focused on an acceleration in services-sector growth.