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Top News & Analysis Pennsylvania

  • NEW YORK— The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. Other measures that would highlight the income gap between CEOs and typical workers are on the way, but governance...

  • The number of homes sold rose to 1,638 from 1,304 in the quarter ended April 30. However, Toll Brothers said the average price of homes sold decreased to $832,400 from $855,500 a year earlier, partly as it rolled out a new line of lower priced homes, T-Select, to cater to millennials who are now entering their thirties and starting families. The Horsham, Pennsylvania-...

  • HORSHAM, Pa. _ Toll Brothers Inc. on Tuesday reported fiscal second-quarter earnings of $124.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Toll Brothers shares have climbed 23 percent since the beginning of the year.

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • **NEW YORK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the MNI Connect Roundtable- 2100 GMT. **MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari holds media Q&A at the Opportunity and Inclusive Growth Institute Conference- 1300 GMT. **MINNEAPOLIS- Federal Reserve Bank of...

  • Pittsburgh's relationship with Uber sours

    Pittsburgh is no longer thrilled with the fleet of self-driving Uber cars roaming the city

  • *Defense stocks gain on U.S.- Saudi Arabia arms deal. May 22- Wall Street extended gains in early afternoon trading on Monday, boosted by technology shares and as defense companies rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals...

  • *Defense stocks rise on Saudi Arabia arms deal. May 22- Wall Street was higher in late morning trading on Monday, boosted by technology shares and as defense stocks rose after a multi-billion dollar arms deal between the United States and Saudi Arabia. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals in which Riyadh...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • MINNEAPOLIS- Federal Reserve Bank of Minneapolis President Neel Kashkari gives brief welcome remarks before the first conference of the Opportunity and Inclusive Growth Institute in Minneapolis 1430 GMT. MINNEAPOLIS- Federal Reserve Board Governor Lael Brainard gives dinner speech before the first conference of the Opportunity and Inclusive Growth...

  • Louisiana, Pennsylvania and Wyoming each gained two, while New Mexico and Ohio each added one. Colorado declined by two rigs and Alaska lost one. Arkansas, California, Kansas, North Dakota, Utah and West Virginia were unchanged.

  • NEW YORK, May 19- Peter Luger, the famed Brooklyn steakhouse, has sued a rival restaurateur for running a similarly named restaurant in Pennsylvania, with plans to expand into Florida. The trademark infringement lawsuit filed late Thursday said Robert Dickert has run a "deliberate campaign to confuse consumers" into believing his Carl von Luger Steak and...

  • BRUSSELS- European Central Bank Executive Board Member Peter Praet will participate in the moderation of a high-level panel on "How to address the still low level of banking integration?" BRUSSELS- ECB Vice President Vitor Constancio will give a speech on "Banking union and capital markets union: Interaction and synergies" at the Joint ECB/European Commission...

  • BRUSSELS- European Central Bank Executive Board Member Peter Praet will participate in the moderation of a high-level panel on "How to address the still low level of banking integration?" BRUSSELS- ECB Vice President Vitor Constancio will give a speech on "Banking union and capital markets union: Interaction and synergies" at the Joint ECB/European Commission...

  • May 18- Billionaire hedge fund manager Leon Cooperman and his firm Omega Advisors Inc agreed on Thursday to pay $4.95 million to settle the U.S. Securities and Exchange Commission's insider trading lawsuit against them. Omega has also suffered, with assets under management falling to about $3.6 billion as of March 31 from about $5.4 billion when the SEC sued in...

  • May 18- Billionaire hedge fund manager Leon Cooperman and his firm Omega Advisors Inc agreed on Thursday to pay $4.95 million to settle the U.S. Securities and Exchange Commission's insider trading lawsuit against them. Omega has also suffered, with assets under management falling to about $3.6 billion as of March 31 from about $5.4 billion when the SEC sued in...

  • NEW YORK— Few media titans can claim a lasting legacy. Ailes died after a fall at his Palm Beach, Florida, home on May 10 caused bleeding on the brain, the Palm Beach County Medical Examiner's Office said. He was taken to a hospital by attending paramedics, the Palm Beach Police Department said.

  • NEW YORK— Roger Ailes, the communications maestro who transformed television news and America's political conversation by creating and ruling Fox News Channel for two decades before being ousted last year for alleged sexual harassment, died Thursday, according to his wife, Elizabeth Ailes. A former GOP operative to candidates including Richard Nixon,...