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Top News & Analysis Philadelphia

  • *Wall Street mixed as Dow touches record but S&P negative. *Oil falls as U.S. production offsets Iraq output concerns. NEW YORK, Oct 17- U.S. stocks turned mixed on Tuesday on earnings reports, with the Down Jones Industrial Average breaching the 23,000 mark for the first time, while the U.S.

  • *Wall Street mixed, Europe flattens near record highs. *U.S. 2- year yields pop to near 9- year high. NEW YORK, Oct 17- U.S. stocks turned mixed on Tuesday, with traders unimpressed by some bank earnings reports, while the U.S.

  • NEW YORK, Oct 17- U.S. 2- year Treasury yields rose to their highest level since November 2008 on Tuesday after the strongest reading on U.S. import prices in more than a year pushed inflation expectations higher. The Labor Department said import prices jumped 0.7 percent last month, the biggest gain since June 2016, after an unrevised 0.6 percent rise in August.

  • Chris Christie on Monday endorsed the bid of the state's biggest city to win Amazon's competition for a second headquarters. "Newark is prime for Amazon's HQ2 development, and this deal would amount to one of the most successful endeavors in the history of New Jersey and Amazon," Christie said in a statement. Monday's announcement of a possible $7 billion in tax...

  • A for rent sign in San Diego, California.

    While the national picture of high home prices and a tight supply may look bleak, certain local markets are still lucrative options.

  • Weinstein is nude in the bathtub and asks Roberts to bare her breasts, she told The New York Times. —1988: Lisa Rose, then a 22- year-old assistant in Miramax's London office, is sent to work for a day at The Savoy hotel and while alone in a suite with Weinstein, he requests a back rub and a massage, saying others complied, she told the BBC. —Early 1990 s: Actress Rosanna...

  • The department said New Orleans, New York City, Philadelphia, and Cook County in Illinois along with its largest city Chicago, "have preliminarily been found" to have policies that violate the law. The Justice Department said it had found no evidence that four other jurisdictions- Milwaukee County, Wisconsin, Clark County, Nevada, Miami-Dade County, Florida and the...

  • SILVER SPRING, Md.— The Latest on an FDA panel's discussion on a gene therapy treatment for blindness:. A panel of experts to the Food and Drug Administration voted unanimously in favor of Spark Therapeutics' injectable therapy, which aims to improve vision in patients with a rare mutation that gradually destroys normal vision. The FDA has until mid-January to...

  • WASHINGTON/ NEW YORK, Oct 12- The United States Justice Department singled out four cities and a county on Thursday for allegedly having so-called "sanctuary policies" that may violate a federal law that says local governments cannot limit information sharing with U.S. immigration officials. The department said New Orleans, New York City, Philadelphia, and Cook...

  • WASHINGTON/ NEW YORK, Oct 12- The United States Justice Department singled out four cities and a county on Thursday for allegedly having so-called "sanctuary policies" that may violate a federal law which requires them to communicate with federal immigration officials about a person's citizenship status. The department said Thursday that New Orleans, New...

  • LANSING, Mich.— Local taxes on food and beverages would be preemptively banned in Michigan under legislation that is likely to be signed into law by Gov. While no Michigan municipalities are considering an excise tax on sugary and artificially sweetened beverages, business groups and others lobbying for the measure pointed to soda taxes in Philadelphia and...

  • The panel experts to the Food and Drug Administration voted unanimously in favor of Spark Therapeutics' injectable therapy, which aims to improve vision by replacing a defective gene needed to process light. The FDA has until mid-January to make its decision and does not have to follow the panel's recommendation, though it often does. While the therapy from...

  • Target Corp. joins Walmart and Home Depot among others in partnering with Google on voice shopping as they seek to compete against Amazon's dominance with its Echo devices. Amazon started offering Echo voice assistants in late 2014, while Google made its debut with Google Home earlier this year. Target is also expanding nationwide its Google Express...

  • WASHINGTON, Oct 12- The United States Justice Department singled out five cities and counties on Thursday for allegedly having so-called "sanctuary policies" that may violate a federal law which requires them to communicate with federal immigration officials about a person's citizenship status. The department said Thursday that Cook County in Illinois,...

  • WASHINGTON/ CHICAGO, Oct 11- Government officials in Chicago's home county voted on Wednesday to repeal a tax on sugary drinks, a win for a soda industry that has faced criticism from public health officials who link excessive consumption to health epidemics like obesity. The 15-2 vote to end the tax starting Dec. 1 was largely expected after preliminary action...

  • WASHINGTON/ CHICAGO, Oct 11- Government officials in Chicago's home county voted on Wednesday to repeal a tax on sugary drinks, a win for a soda industry that has faced criticism from public health officials who link excessive consumption to health epidemics like obesity. The 15-2 vote to end the tax starting Dec. 1 was largely expected after by preliminary...

  • In a story Oct. 9 about an experimental gene therapy for blindness, The Associated Press erroneously reported the deadline for a decision by the U.S. Food and Drug Administration. Seeing hope: FDA panel considers gene therapy for blindness. Advisers to the U.S. Food and Drug Administration will meet Thursday to consider whether to recommend approval of a gene...

  • NEWARK, N.J.— A Pennsylvania man who worked for a company that made parts for the U.S. Navy has pleaded guilty to soliciting and receiving $150,000 in kickbacks for providing work to a New Jersey firm. Christopher Sanchirico, of King of Prussia, pleaded guilty to conspiracy to violate the federal kickback act in Newark on Tuesday. He was the assistant purchasing...

  • TRAINER, Pa, Oct 9- Oil refinery workers, executives and local politicians gathered near Philadelphia on Monday to urge the White House revamp the nation's renewable fuels program, arguing the future of their plants are at stake. "Big oil companies and Wall Street investment firms are earning windfall profits and putting all this burden on the small, independent...

  • WASHINGTON, Oct 5- The National Transportation Safety Board is investigating the Sept. 21 collision of a civilian drone and a U.S. Army UH-60 helicopter east of Staten Island, New York, as concerns mount over the rising number of unmanned aircraft in U.S. airspace. The Army is conducting a mishap investigation, the agency said. Earlier this year, the U.S. Federal...