<![CDATA[NBC 10 Philadelphia - Business News - [PHI Feature]Business]]> Copyright 2014 http://www.nbcphiladelphia.com/news/business en-us Thu, 24 Apr 2014 10:10:18 -0400 Thu, 24 Apr 2014 10:10:18 -0400 NBC Local Integrated Media <![CDATA[Sriracha Plant Shutdown Vote Delay]]> Thu, 24 Apr 2014 06:56:44 -0400 http://media.nbcphiladelphia.com/images/236*120/srirachawednesday4.JPG
Officials in a Southern California city held off on a decision about whether to force the closure of the Sriracha hot sauce plant that is being blamed for bad odors and heat that burns eyes.]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Top 40 Highest-Paid City of Philadelphia Employees]]> Thu, 24 Apr 2014 00:49:13 -0400 http://media.nbcphiladelphia.com/images/213*120/l_michael-nutter_1200x675.jpg
Who are the highest-paid City of Philadelphia employees?

Photo Credit: AP]]>
<![CDATA[Facebook CFO to Leave, Earnings Up]]> Wed, 23 Apr 2014 17:15:38 -0400 http://media.nbcphiladelphia.com/images/213*120/04-23-2014-ebersman.jpg
Facebook says its finance chief, David Ebersman, is leaving on June 1 after five years. He'll be replaced by David Wehner, currently vice president of corporate finance and business

Copyright Associated Press



Photo Credit: Kevork Djansezian/Getty Images]]>
<![CDATA[The Hottest Towns for Home Sales]]> Wed, 23 Apr 2014 09:02:32 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006833635_1200x675_234848323797.jpg
Berkshire Hathaway Realtors release their list of the top five local towns for home sales.]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Economic Winners & Losers of Nasty Winter]]> Wed, 23 Apr 2014 07:48:26 -0400 http://media.nbcphiladelphia.com/images/161*120/67ba91f7c4694e3bbc6e5c3ac3211a0c.JPG.jpg
The competition will be stiff. It’s seldom a property comprised of several hundred acres comes available for development in a mature suburb just outside of a major metropolitan area.

Photo Credit: Janet Fiola]]>
JARED SHELLY | PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Swarthmore in Battle for Liquor License in Dry Town]]> Tue, 22 Apr 2014 19:44:55 -0400 http://media.nbcphiladelphia.com/images/180*120/Swarthmore+Liquor+Battle.jpg
Swarthmore College is in a court battle with local residents for an exception that would allow a liquor license in the dry town.

Photo Credit: Philadelphia Business Journal]]>
NATALIE KOSTELNI | PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[10 Developers Vie for Willow Grove Air Base]]> Tue, 22 Apr 2014 10:02:04 -0400 http://media.nbcphiladelphia.com/images/181*120/screen-shot-2014-04-21-at-115904-am-monday-apr-21-304xx522-348-0-55.png
The competition will be stiff. It’s seldom a property comprised of several hundred acres comes available for development in a mature suburb just outside of a major metropolitan area.]]>
<![CDATA[Solar Urban Farm Stand]]> Tue, 22 Apr 2014 08:23:25 -0400 http://media.nbcphiladelphia.com/images/212*120/Greensgrow+Farms.JPG
A solar farm stand will help power Greensgrow Farms on Cumberland Street in Kennsington.

Photo Credit: NBC10.com]]>
<![CDATA[AC Casinos Fined $107K for Violations]]> Tue, 22 Apr 2014 07:10:59 -0400 http://media.nbcphiladelphia.com/images/213*120/casino+chips+.jpg
New Jersey has fined two Atlantic City casinos more than $107,000 for a series of violations.

Copyright Associated Press



Photo Credit: Getty Images]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[10 Firms Vie to Develop Willow Grove Air Base]]> Tue, 22 Apr 2014 06:57:19 -0400 http://media.nbcphiladelphia.com/images/213*120/Willow+Grove+Air+Base+Generic+Willow+Grove.jpg
Ten real estate firms have signaled they are interested in redeveloping more than 800 acres at the former Naval air base in Willow Grove, Pa.

Photo Credit: Philadelphia Business Journal]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[General Mills Reverses “No Sue” Facebook Policy]]> Mon, 21 Apr 2014 13:51:47 -0400 http://media.nbcphiladelphia.com/images/160*121/110439859.jpg
Last week, General Mills Inc. posted new legal terms on its website that seemed to prevent consumers from suing the company if they liked General Mills on Facebook.

Photo Credit: Getty Images]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Report: Pfizer Wants to Buy AstraZeneca for $101B]]> Tue, 22 Apr 2014 04:56:25 -0400 http://media.nbcphiladelphia.com/images/180*120/82048752.jpg
Two Big Pharma companies with strong ties to the Philadelphia region are the subject of the latest mega-merger rumor in the drug manufacturing industry.

Photo Credit: Getty Images]]>
<![CDATA[SEPTA Invites Public to Budget Hearings]]> Mon, 21 Apr 2014 05:25:46 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006795438_1200x675_232758851751.jpg
The hearings provide riders and other residents an opportunity to ask questions and submit comments on the spending plan.]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Philly Cheesesteak Contest]]> Mon, 21 Apr 2014 19:18:33 -0400 http://media.nbcphiladelphia.com/images/213*120/Linc+Food+Tony+Lukes.jpg
Who makes the best Philly cheesesteaks: Will Jake’s Sandwich Board continue its reign at the top or will a stalwart like Pat's or Geno's take first place?

Photo Credit: Dan Stamm]]>
<![CDATA[Mazda, VW Issue Recalls]]> Sat, 19 Apr 2014 10:23:46 -0400 http://media.nbcphiladelphia.com/images/213*120/MAzda+Logo+Generic+Mazda.jpg
Two major automakers made announcements about potential problems with their vehicles. Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame

Copyright Associated Press



Photo Credit: AP]]>
<![CDATA[Philly-Based Prison Food Vendor Fined $142,000]]> Sat, 19 Apr 2014 10:22:39 -0400 http://media.nbcphiladelphia.com/images/213*120/generic-jail.jpg
Philadelphia-based Aramark Correctional Services did not meet staffing requirements several times this year at three prisons, the Department of Rehabilitation and Correction said in a letter.

Copyright Associated Press



Photo Credit: Getty Images]]>
<![CDATA[Minimum Wagers Can't Afford to Live in Philly]]> Sat, 19 Apr 2014 13:56:10 -0400 http://media.nbcphiladelphia.com/images/160*120/paycheck200.jpg
A new report from the National Low Income Housing Coalition (NLIHC) finds that the average worker earning minimum wage would have to work two to three full-time jobs to be able to afford a two bedroom residence...]]>
<![CDATA[Pop-Up Park to Float on the Delaware]]> Sat, 19 Apr 2014 06:58:08 -0400 http://media.nbcphiladelphia.com/images/164*120/Penns+Landing+Spruce+Street+Harbor+Park+Popup.jpg
A river is a strange place for a pop-up park but a temporary park featuring a beach, fountains, lily pads and more is going to soon be a reality in Philadelphia.

Photo Credit: Delaware River Waterfront Corp. ]]>
<![CDATA[City Chocolate Factory Reopens]]> Fri, 18 Apr 2014 16:09:23 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006782164_1200x675_230507587868.jpg
Blasius Chocolate Factory reopens after being closed for unpaid taxes. Mayor Nutter's office said they were warned about their unpaid taxes before they were closed.]]>
<![CDATA[Storefronts for Franklin Flea Vendors]]> Fri, 18 Apr 2014 11:58:44 -0400 http://media.nbcphiladelphia.com/images/213*120/franklin_flea_incubates_20140417_1812238166.jpg
One nontraditional retail incubator in Philadelphia — a flea market — is helping vendors leave the nest and set up shop on their own.

Photo Credit: Kimberly Paynter | NewsWorks.org]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Philly in Crowded Field to Lure Stinky Hot Sauce]]> Fri, 18 Apr 2014 11:38:16 -0400 http://media.nbcphiladelphia.com/images/213*120/edt-AP980833052026.jpg
We know that technology is changing everything around us, but do you wonder what that might look like in reality in your kitchen, bathroom and bedroom a decade from now?

Photo Credit: AP]]>
<![CDATA[Pa. Unemployment Takes a Another Dip]]> Fri, 18 Apr 2014 11:14:11 -0400 http://media.nbcphiladelphia.com/images/160*120/jobsweek-handshake.jpg
Jobless rate drops to 6 percent in March.

Copyright Associated Press



Photo Credit: Getty Images]]>
<![CDATA[Shrub-Covered Lot Sells for $5M in NJ Community]]> Fri, 18 Apr 2014 12:08:22 -0400 http://media.nbcphiladelphia.com/images/213*120/For+Sale+Sign+generic.jpg
Land doesn't come cheap in one of New Jersey's priciest communities.

Copyright Associated Press

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<![CDATA[CEO Apologizes for Craft Store Credit Card Breach]]> Fri, 18 Apr 2014 13:14:48 -0400 http://media.nbcphiladelphia.com/images/279*120/Michaels3.JPG
The CEO of a craft store where millions of customers' credit cards were possibly put at risk apologized while explaining what his national company is doing to combat the breach.

Copyright Associated Press

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<![CDATA[Residents Enjoy 1st Affordable Easter Meal in Years]]> Fri, 18 Apr 2014 07:23:55 -0400 http://media.nbcphiladelphia.com/images/180*120/grocery-store-lg.jpg
The Fare & Square Grocery Store is the first non-profit grocery store in the area thanks to Philabundance. In six months it has changed how people in Chester, Pa. buy food.]]>
<![CDATA[Craft Store Michaels Confirms Credit Card Breach]]> Thu, 17 Apr 2014 19:35:08 -0400 http://media.nbcphiladelphia.com/images/279*120/Michaels3.JPG
Michaels Stores Inc. says Thursday that about 2.6 million cards used at its namesake stores may have been affected in a security breach but it has received "limited" reports of fraud.

Copyright Associated Press

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<![CDATA[Home Sales Explode]]> Thu, 17 Apr 2014 19:00:58 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006773032_1200x675_229782595992.jpg
Snow smothered home sales this winter, but in the last four weeks, sales have exploded. NBC10's Doug Shimell has more.]]>
<![CDATA[Fewer Jobs in NJ]]> Thu, 17 Apr 2014 12:16:09 -0400 http://media.nbcphiladelphia.com/images/213*120/Job-Seekers-Otay-Mesa-0918.jpg
There is some good news in this report, looking ahead.

Copyright Associated Press

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PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[What Our Homes May Look Like in a Decade]]> Thu, 17 Apr 2014 14:54:07 -0400 http://media.nbcphiladelphia.com/images/213*120/Motion+Plus+Facial+Recognition+GE.jpg
We know that technology is changing everything around us, but do you wonder what that might look like in reality in your kitchen, bathroom and bedroom a decade from now?

Photo Credit: Courtesy of GE]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Local Docs Support 600K Jobs]]> Thu, 17 Apr 2014 06:43:56 -0400 http://media.nbcphiladelphia.com/images/213*120/generic-doctor1.jpg
Doctors in Pennsylvania and New Jersey support nearly 600,000 jobs in the two states and generate $3.9 billion in state and local tax revenues, according to a report.

Photo Credit: AP]]>
<![CDATA[City Shutters Well-Known Chocolate Factory]]> Thu, 17 Apr 2014 06:32:31 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006767551_1200x675_229136963749.jpg
Philadelphia's own Blasius Chocolate Factory has been forced to shut down after allegedly not paying taxes.]]>
<![CDATA[A Glimpse at the New SAT]]> Wed, 16 Apr 2014 21:54:14 -0400 http://media.nbcphiladelphia.com/images/213*120/sat+test.jpg
Anxious students - not to mention their parents - can get a heads-up for how the redesigned SAT might look in two years.

Copyright Associated Press

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<![CDATA[Wawa Celebrates 50 Years]]> Wed, 16 Apr 2014 11:16:33 -0400 http://media.nbcphiladelphia.com/images/213*120/l_20130726-super-wawa-1200.jpg
Wawa is marking a half-century since the first shop opened in suburban Philadelphia.

Photo Credit: Photo courtesy of Wawa]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Dismal Attendance at Sixers Games]]> Wed, 16 Apr 2014 09:43:23 -0400 http://media.nbcphiladelphia.com/images/213*120/PHI+nba+lockout+sixers+fans+070111.jpg
The Philadelphia 76ers finished their “rebuilding” year averaging 13,869 fans a game -- a decrease of nearly 3,000 fans per game over last year’s mark. It represents a 17 percent drop.

Photo Credit: NBC Philadelphia]]>
<![CDATA[Wawa Celebrates a Milestone]]> Wed, 16 Apr 2014 11:18:33 -0400 http://media.nbcphiladelphia.com/images/213*120/Folsom+Wawa.jpg
Wawa convenience stores give away coffee to mark 50th anniversary.

Copyright Associated Press



Photo Credit: Wawa]]>
<![CDATA[Owners of Philly Newspapers Pledge $77M Bids]]> Wed, 16 Apr 2014 00:43:12 -0400 http://media.nbcphiladelphia.com/images/192*120/inky+daily+news+paper+stands+-+crop.jpg
Rival owners fighting for control of Philadelphia's two largest newspapers have each pledged $77 million to buy the other out.

Copyright Associated Press



Photo Credit: Getty Images]]>
<![CDATA[Google VP Tapped as Dean for Pa. College]]> Tue, 15 Apr 2014 14:27:32 -0400 http://media.nbcphiladelphia.com/images/213*120/466915567.jpg
Andrew W. Moore will become dean of the nationally known computer school in August.

Copyright Associated Press



Photo Credit: AFP/Getty Images]]>
<![CDATA[NJ Casino's March Numbers]]> Mon, 14 Apr 2014 11:42:34 -0400 http://media.nbcphiladelphia.com/images/213*120/%5BNECN%5DCasino.jpg
New Jersey casino regulators are scheduled to report how much money Atlantic City's casinos brought in during March.

Copyright Associated Press

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<![CDATA[Owners of Manco & Manco Plead Not Guilty]]> Wed, 16 Apr 2014 08:10:37 -0400 http://media.nbcphiladelphia.com/images/211*120/MAnco+and+Manco+Pizza+Boardwalk.JPG
The owners of a chain of landmark New Jersey shore pizza places have pleaded not guilty to charges they face in a federal tax case.

Copyright Associated Press



Photo Credit: NBC10]]>
PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Philadelphia Navy Yard Unveils Its First Hotel]]> Fri, 11 Apr 2014 19:28:20 -0400 http://media.nbcphiladelphia.com/images/180*120/navy+yard+marriott+PBJ.jpg
The Philadelphia Navy Yard’s quest to become a full-service business park is one step closer.

Photo Credit: RJ Hamilton Photography/Philadelphia Business Journal]]>
<![CDATA[Protect Against Identity Theft]]> Thu, 10 Apr 2014 19:30:45 -0400 http://media.nbcphiladelphia.com/images/204*120/Shredder-Identity-Theft.jpg
Shred those documents. Identity theft experts explain why it's a great way to protect yourself. The NBC10 Great Shredder event is being held on this Saturday, April 12 from 9]]>
<![CDATA[Who Makes More Mistakes on Taxes?]]> Fri, 11 Apr 2014 12:05:30 -0400 http://media.nbcphiladelphia.com/images/214*120/Tax-Return-Mistakes.jpg
Who do you think has better odds -- you or the person you pay to get your tax return done? Watch.]]>
<![CDATA[Tax Increases Approved]]> Thu, 10 Apr 2014 15:04:17 -0400 http://media.nbcphiladelphia.com/images/212*120/Money_generic.jpg
Companies will take the hit.

Copyright Associated Press

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<![CDATA[Rutgers' New Rules for Bangladesh-Made Apparel ]]> Thu, 10 Apr 2014 14:54:16 -0400 http://media.nbcphiladelphia.com/images/213*120/Rutgers_Camden_Sign.jpg
New Jersey's flagship state university joins other schools advocating for safer working conditions.

Copyright Associated Press

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<![CDATA[Old City Businesses Still Feeling Impact of Fire]]> Thu, 10 Apr 2014 11:36:04 -0400 http://media.nbcphiladelphia.com/images/212*120/suit+corner+fire+chopper.JPG
One day after a fire ripped through the Suit Corner Store, neighboring stores see are feeling the impact.]]>
NATALIE KOSTELNI | PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Massive Waterfront Apartment Complex Proposed]]> Thu, 10 Apr 2014 10:27:16 -0400 http://media.nbcphiladelphia.com/images/180*120/screen-shot-2014-04-09-at-91422-am-wednesday-apr-9-600xx401-267-183-0.png
Carl Marks & Co. is looking to revive a version of plans it created more than ten years ago for a residential development along the Delaware River.

Photo Credit: Carl Marks & Co.]]>
<![CDATA["Do AC" Campaign Increased Positivity]]> Thu, 10 Apr 2014 10:33:22 -0400 http://media.nbcphiladelphia.com/images/160*120/Atlantic+City+Boardwalk+AC+Generic.jpg
The Atlantic City Alliance says a survey of 3,600 people in Philadelphia, New York, Baltimore and Washington, D.C., found 54 percent would recommend Atlantic City to their friends as a place to visit.

Copyright Associated Press



Photo Credit: AP]]>
JOHN GEORGE | PHILADELPHIA BUSINESS JOURNAL]]> <![CDATA[Inside the IBC-HealthCare Partners Deal]]> Thu, 10 Apr 2014 10:14:44 -0400 http://media.nbcphiladelphia.com/images/180*120/hilferty-dan-600xx4680-3123-0-0.jpg
The inside story on how this deal came together.

Photo Credit: Jeff Fusco]]>
<![CDATA[Failure Is an Option -- Often a Good One]]> Thu, 10 Apr 2014 08:48:51 -0400 http://media.nbcphiladelphia.com/images/213*120/fail_20140409_1911604722.jpg
Jameel Farruk kicked things off with a war story about Inhabi, an "e-Harmony-style" matchmaking website for renters and landlords.

Photo Credit: Emma Lee | NewsWorks.org]]>
<![CDATA[Exclusive: 'Leaning In' with Sheryl Sandberg]]> Wed, 09 Apr 2014 11:14:12 -0400 http://media.nbcphiladelphia.com/images/213*120/465001605.jpg
Scott McGrew talks exclusively to Facebook Chief Operating Officer Sheryl Sandberg about selling off shares of the company and the new chapters in her book, "Lean In."

Photo Credit: Bloomberg via Getty Images]]>
<![CDATA[Comcast Argues Benefits of Time Warner Cable Deal]]> Wed, 09 Apr 2014 20:30:23 -0400 http://media.nbcphiladelphia.com/images/213*120/capitol7.JPG
Comcast presented its case for its $45 billion takeover of Time Warner Cable, saying the deal benefits consumers and doesn't limit competition.

Copyright Associated Press



Photo Credit: AFP/Getty Images]]>
<![CDATA[Bacon Shortage? Mysterious Virus Is Killing Piglets]]> Wed, 09 Apr 2014 08:42:14 -0400 http://media.nbcphiladelphia.com/images/213*120/bacon16.jpg
A virus never before seen in the U.S. has killed millions of baby pigs in less than a year, and with little known about how it spreads or how to stop it, it's threatening pork production and pushing up prices by...

Copyright Associated Press



Photo Credit: Getty Images]]>
<![CDATA[The Center City Construction Boom]]> Wed, 09 Apr 2014 08:05:15 -0400 http://media.nbcphiladelphia.com/images/160*160/27ba0d2caf0f11e3bc1b0eccfd8aa9b38.jpg
A rise in the millennial generation is fueling an increase of construction projects in Center City Philadelphia.

Photo Credit: jaylnnjordan/Instagram]]>
<![CDATA[Gas Prices to Drop... Slightly]]> Wed, 09 Apr 2014 07:23:53 -0400 http://media.nbcphiladelphia.com/images/213*120/gas+pump+prices+generic.jpg
The Energy Department predicts a slight fall in gas prices in the near future. In our area gasoline remains cheapest in South Jersey.

Photo Credit: Getty Images]]>
<![CDATA[Toyota Recalls About 6.4M Vehicles]]> Wed, 09 Apr 2014 19:47:03 -0400 http://media.nbcphiladelphia.com/images/213*120/AP321590268157.jpg
Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places, according to The Associated

Copyright Associated Press



Photo Credit: AP]]>
<![CDATA[NJ Transit Expands "Quiet Commute" Program]]> Wed, 09 Apr 2014 06:57:26 -0400 http://media.nbcphiladelphia.com/images/213*120/NJtransitgeneric.jpg
New Jersey Transit officials are expanding the agency's Quiet Commute program.

Copyright Associated Press



Photo Credit: Getty Images]]>
<![CDATA[CEO Speaks on Potential PGW Purchase]]> Tue, 08 Apr 2014 22:09:08 -0400 http://media.nbcphiladelphia.com/images/213*120/CEO+Speaks.jpg
NBC10’s Daralene Jones spoke one on one with Jim Torgerson, the CEO of UIL Holdings about his company's potential purchase of PGW.

Photo Credit: NBC10.com]]>
<![CDATA[GM Fined $7,000 a Day for Missing Deadline: Gov't]]> Wed, 09 Apr 2014 06:57:27 -0400 http://media.nbcphiladelphia.com/images/213*120/gm12.jpg
A government safety agency is fining General Motors $7,000 a day, saying the company failed to fully respond to its requests for information about a faulty ignition switch by an April 3 deadline. The agency said

Copyright Associated Press



Photo Credit: STAN HONDA/AFP/Getty Images]]>
<![CDATA[Improving PGW's Infrastructure]]> Tue, 08 Apr 2014 19:43:07 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006699317_1200x675_220587075939.jpg
Jim Torgerson is the CEO of UIL Holdings company, which is attempting to buy Philadelphia Gas Works (PGW). In an exclusive interview with NBC10's Daralene Jones, Torgerson talks about plans to improve...]]>
<![CDATA[What Will PGW Purchase Mean for Jobs?]]> Tue, 08 Apr 2014 19:40:38 -0400 http://media.nbcphiladelphia.com/images/213*120/WCAU_000000006699331_1200x675_220588099620.jpg
Will there be layoffs? Jim Torgerson, the man who runs the company trying to buy Philadelphia Gas Works, talks about the deal's impact on jobs in this exclusive interview with NBC10's Daralene Jones.]]>