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Inquirer Business

Business news from the Inquirer.

Published: Sun, 23 Jul 2017 05:31:17 GMT2017-07-23T05:31:17Z


How to avoid being a victim on the car-repair front

Sun, 23 Jul 2017 05:31:17 GMT2017-07-23T05:31:17Z

Two questions pop into your brain: Are the fixes really needed? Am I being overcharged? There might not be a way around getting the car fixed, but there are ways to stay in control of the situation.


Fri, 21 Jul 2017 14:39:10 GMT2017-07-21T14:39:10Z

Home: Greenville, Del. Family: Husband, Patrick; children, Taylor and Andrew. Diplomas: Kalamazoo College, economics; University of Detroit Mercy, master's in business administration; Wilmington University, doctorate in organizational leadership.

Officials touting takedowns of 2 'darknet' drug markets

Fri, 21 Jul 2017 00:46:07 GMT2017-07-21T00:46:07Z

PARIS - Two of the world's most notorious "darknet" marketplaces have been knocked out in a one-two punch that officials say yielded a trove of new intelligence about drugs and weapons merchants that operate from hidden corners of the internet.

Red flags for false information

Thu, 20 Jul 2017 23:25:17 GMT2017-07-20T23:25:17Z

Someone is touting a stock instead of a product. The number of posts an author has written is small, or just about one stock.

Business Calendar

Thu, 20 Jul 2017 23:25:11 GMT2017-07-20T23:25:11Z

Treasury Auctions 4-week bills, July 25; 3-month, 6-month bills, July 24; 2-year notes, July 25; 3-year notes, Aug. 8; 5-year notes, July 26; 7-year notes, July 27; 10-year notes, Aug. 9; 30-year notes, Aug. 10; 5-year TIPS, Aug. 24; 30-year TIPS, Oct. 19.

Facing online rivals, Best Buy rebounds

Thu, 20 Jul 2017 05:31:30 GMT2017-07-20T05:31:30Z

LOS ANGELES - Five years ago, Best Buy Co. looked like a retail dinosaur, another victim of the e-commerce juggernaut and other online sellers.

About This Project

Wed, 19 Jul 2017 01:12:10 GMT2017-07-19T01:12:10Z

The Inquirer is one of 15 news organizations in the Philadelphia Reentry Reporting Collaborative, a solutions-oriented focus on issues facing people coming out of prison. The piece is part of an occasional series - across the region and across platforms - on the challenges of reentry and what can be done about them.

Chipotle stock hit after illness report in Va.

Wed, 19 Jul 2017 01:12:06 GMT2017-07-19T01:12:06Z

The reports were familiar: In the space of 48 hours, a handful of people said they'd gotten sick after eating at a Chipotle Mexican Grill.

Health stocks slip after bill fails

Wed, 19 Jul 2017 01:11:06 GMT2017-07-19T01:11:06Z

NEW YORK - U.S. stocks were divided Tuesday as health insurers declined after the failure of the latest Republican health-care bill, while a big jump in subscribers for Netflix sent technology and consumer-focused companies higher.

Retailers turning to 'recycled' products for back-to-school season

Tue, 18 Jul 2017 05:31:12 GMT2017-07-18T05:31:12Z

NEW YORK - For the back-to-school season, many parents and their kids are thinking green. Concerns about the environment have them looking for secondhand clothing or fashion made from reused material - but price still rules. Shoppers want good quality and style in backpacks, jeans, and the like, without spending a lot more money.

Dollar weakens from already low levels

Tue, 18 Jul 2017 01:04:07 GMT2017-07-18T01:04:07Z

NEW YORK - U.S. stocks hardly budged Monday as smaller firms and retailers rose while health-care companies and banks declined. Chemical and mining companies rose as the dollar weakened.

Business Calendar

Sun, 16 Jul 2017 23:30:06 GMT2017-07-16T23:30:06Z

Treasury Auctions 4-week bills, July 18; 3-month, 6-month bills, July 17; 1-year bills, July 18; 2-year notes, July 25; 3-year notes, Aug. 8; 5-year notes, July 26; 7-year notes, July 27; 5-year TIPS, Aug. 24; 10-year TIPS, July 20; 30-year TIPS, Oct. 19.

Is it a sick day? Vacation day? With PTO, it doesn't matter

Sun, 16 Jul 2017 23:29:21 GMT2017-07-16T23:29:21Z

One of the big plusses for small-business owners is eliminating the chore of tracking who used what, and how often.

Insider Transactions

Sun, 16 Jul 2017 23:29:19 GMT2017-07-16T23:29:19Z

Securities trades recently reported to the Securities and Exchange Commission by officers, directors, and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

At the Convention Centers

Sun, 16 Jul 2017 23:29:17 GMT2017-07-16T23:29:17Z

At the Convention Centers Conventions expecting 500 or more to attend.    Date Attendance    Pennsylvania Convention Center AVID Center 3    July 19-21   1,800   

Hotel Numbers

Sun, 16 Jul 2017 23:29:13 GMT2017-07-16T23:29:13Z

Rooms: 217 Total square footage of hotel: 263,000. Hotel floors 48th to 60th -Guest rooms: 48th-56th. -Spa, fitness and pool: 57th.

New highs on good news

Sat, 15 Jul 2017 01:29:04 GMT2017-07-15T01:29:04Z

Gains by big technology and health-care companies pushed U.S. stocks modestly higher Friday, lifting several major indexes to new highs.

DraftKings and FanDuel call off merger plans

Fri, 14 Jul 2017 13:38:27 GMT2017-07-14T13:38:27Z

DraftKings and FanDuel are calling it quits. The two leading daily fantasy sports companies agreed to end their plans to merge in the face of opposition by the Federal Trade Commission, DraftKings chief executive Jason Robins said Thursday.

Yellen shifts to caution over crisis

Fri, 14 Jul 2017 05:31:20 GMT2017-07-14T05:31:20Z

WASHINGTON - Federal Reserve Chairwoman Janet Yellen told senators Thursday that the risk of another financial crisis would increase if some Trump administration proposals to roll back regulations were enacted.

Banks, tech companies lead gains

Fri, 14 Jul 2017 01:22:06 GMT2017-07-14T01:22:06Z

Banks and technology companies led U.S. stocks to modest gains Thursday, pushing the Dow Jones industrial average to its second record close in two days.


Fri, 14 Jul 2017 00:21:09 GMT2017-07-14T00:21:09Z

Home: Mullica Hill. Family: Husband, Merrill "Les"; children, Romilett Yulo, Ryan Marcelo. Diploma: San Pablo Colleges, Philippines, education. Childhood dream: To be a nurse.

Turn5 Tallies

Fri, 14 Jul 2017 00:21:05 GMT2017-07-14T00:21:05Z

Hottest Summer Items: F-150 Tailgate Pong Jammock Jeep Hammock Smittybilt Overlander Jeep Roof Tent Top 3 Videos

Fed: U.S. growth solid, yet not enough to accelerate pay

Thu, 13 Jul 2017 07:31:22 GMT2017-07-13T07:31:22Z

WASHINGTON - The U.S. economy grew at a steady pace in late May and June and hiring was solid, yet the improvements were not enough to accelerate wage or price growth.

Tech stocks help lead Dow to another record

Thu, 13 Jul 2017 01:27:05 GMT2017-07-13T01:27:05Z

Technology companies led U.S. stocks higher Wednesday in a broad rally that helped nudge the Dow Jones Industrial Average to a new high.

Scaling back bond program troublesome

Wed, 12 Jul 2017 05:31:19 GMT2017-07-12T05:31:19Z

JPMorgan Chase & Co. chairman Jamie Dimon said the unwinding of central bank bond-buying programs is an unprecedented challenge that may be more disruptive than people think.

Little movement on a listless day

Wed, 12 Jul 2017 01:30:15 GMT2017-07-12T01:30:15Z

Another day of listless trading on Wall Street ended Tuesday with the major stock indexes closing out having shifted marginally from the day before.

Crypto-currencies in sharp decline

Wed, 12 Jul 2017 01:30:07 GMT2017-07-12T01:30:07Z

The crypto-currency Cassandras are starting to look right. The sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market. Bitcoin, the largest of the digital currencies, is down about 20 percent from its peak of $3,000, reached June 12. Smaller rivals such as ethereum and ripple are getting hit even harder.

Investing outside U.S. is smart move, advisers say

Tue, 11 Jul 2017 05:31:26 GMT2017-07-11T05:31:26Z

PITTSBURGH - There really is no place like home, and many investors tend to keep their investment strategies heavily weighted toward U.S. company stocks. Something that falls within their comfort zone feels like a safer bet.

Real estate, banks slip in U.S. markets

Tue, 11 Jul 2017 01:23:04 GMT2017-07-11T01:23:04Z

Wall Street capped a mostly listless day of trading Monday with an uneven finish for U.S. stock indexes. Gains by technology and materials stocks were mostly outweighed by losses among real estate companies, banks, and other sectors. Macy's and other big retailers also took hefty losses.

Cineplexes ramping up movie nights

Mon, 10 Jul 2017 05:31:13 GMT2017-07-10T05:31:13Z

CHICAGO - Forget the concept of dinner and a movie. Cineplexes these days hope you're planning an evening of cuisine at the movie.

At the Convention Centers

Sun, 09 Jul 2017 23:50:09 GMT2017-07-09T23:50:09Z

At the Convention Centers Conventions expecting 500 or more to attend.    Date Attendance    Pennsylvania Convention Center National Principals Conference 2&4    July 9-11   3,200   

Bankruptcies in the Region

Sun, 09 Jul 2017 23:50:07 GMT2017-07-09T23:50:07Z

Pennsylvania Petrocelli Perea, doing business as Petrocelli & Ancuta Inc., and Ancuta E. Perea, 9107 Revere St., Philadelphia; Chapter 7; no schedules available.

Business Calendar

Sun, 09 Jul 2017 23:50:04 GMT2017-07-09T23:50:04Z

Treasury Auctions 4-week bills, July 11; 3-month, 6-month bills, July 10; 1-year bills, July 18; 2-year notes, July 25; 3-year notes, July 11; 5-year notes, July 26; 7-year notes, July 27; 10-year notes, July 12; 30-year notes, July 13; 5-year TIPS, Aug. 24; 10-year TIPS, July 20; 30-year TIPS, Oct. 19.


Thu, 06 Jul 2017 23:57:05 GMT2017-07-06T23:57:05Z

Home: Orlando, Fla., with daughters, Alexa, 20, Rylee, 15. Diplomas: Kean University, health, physical fitness; master's in health services administration; Regis University, master's in management, finance; Florida State University, master's in risk management.