Pannysylvania Magazine

Business

Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh

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Battle over big energy infrastructure heats up

Building electric power lines across long distances and state boundaries can be a daunting task for developers, as the best-laid plans can go awry over local opposition. That was the

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Why more and more in U.S. are returning to work

Hundreds of thousands of Americans are streaming back into an improving labor market as employers raise wages and hire less skilled job candidates to cope with an intensifying worker shortage.

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Avon escapes board makeover, cuts deal with hedge fund

Wilting beauty products company Avon Products said an investor group led by Barington Capital has agreed to withdraw its bid to elect two opposing candidates to the company’s board in

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Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised its offer to buy the hotel operator to about $13.9

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Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company

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Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the

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Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports,

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Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

The Amazon Echo is turning out to be a sleeper hit. The stand-alone, voice-activated digital assistant is on back order, 

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Workers, firms differ on $15 minimum wage

A plan to increase California’s minimum wage to $15 an hour by 2022 has opened the biggest fault lines yet between

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FBI hacks into terrorist’s iPhone without Apple

Although the government officially withdrew from its battle against Apple Monday, many observers sense the tech privacy war is just

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Consumer spending posts scant Feb. increase, personal income growth slows

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply. Consumer

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