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<description><![CDATA[Business headlines about finances, corporations, the stock market and money on 6abc.com]]></description>
<pubDate>Tue, 26 Mar 2013 03:05:29 GMT</pubDate>
<copyright>Copyright &#169;2013 ABC inc., WPVI-TV inc.</copyright>
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<item>
<title>Revel Casino in Atlantic City officially files for bankruptcy</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/local&id=9040967&rss=rss-wpvi-article-9040967]]></link>
<description><![CDATA[Atlantic City's Revel Casino has officially filed for Chapter 11 bankruptcy re-organization.]]></description>
<dig:D3text><![CDATA[Atlantic City's Revel Casino has officially filed for Chapter 11 bankruptcy re-organization.]]></dig:D3text>
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<pubDate>Tue, 26 Mar 2013 02:56:44 GMT</pubDate>
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<title>Buffett's firm dips into $23B Heinz ketchup deal</title>
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<description><![CDATA[Billionaire investor Warren Buffet is dipping into the ketchup business as part of $23.3 billion deal to buy the Heinz ketchup company.]]></description>
<dig:D3text><![CDATA[Billionaire investor Warren Buffet is dipping into the ketchup business as part of $23.3 billion deal to buy the Heinz ketchup company.]]></dig:D3text>
<dig:keywords><![CDATA[Buffett's firm dips into $23B Heinz ketchup deal, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Thu, 14 Feb 2013 15:36:00 GMT</pubDate>
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<item>
<title>GM recalls pickup trucks to fix problem with hoods</title>
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<description><![CDATA[General Motors is recalling more than 145,000 pickup trucks because the hoods can fly open unexpectedly and block the driver's vision.]]></description>
<dig:D3text><![CDATA[General Motors is recalling more than 145,000 pickup trucks because the hoods can fly open unexpectedly and block the driver's vision.]]></dig:D3text>
<dig:keywords><![CDATA[GM recalls pickup trucks to fix problem with hoods]]></dig:keywords>
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<pubDate>Thu, 20 Dec 2012 14:15:04 GMT</pubDate>
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<title>ConocoPhillips to sell Algerian unit for $1.75B</title>
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<description><![CDATA[ConocoPhillips says it has agreed to sell its business in Algeria to Indonesia's state-owned oil and gas company Pertamina for $1.75 billion.]]></description>
<dig:D3text><![CDATA[ConocoPhillips says it has agreed to sell its business in Algeria to Indonesia's state-owned oil and gas company Pertamina for $1.75 billion.]]></dig:D3text>
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<dig:alt><![CDATA[ConocoPhillips]]></dig:alt>
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<pubDate>Tue, 18 Dec 2012 14:35:24 GMT</pubDate>
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<title>HSBC to pay $1.9B to settle money-laundering case</title>
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<description><![CDATA[HSBC said Tuesday it will pay $1.9 billion to settle a U.S. money-laundering probe, avoiding a protracted legal battle that would have further embarrassed the British banking giant.]]></description>
<dig:D3text><![CDATA[HSBC said Tuesday it will pay $1.9 billion to settle a U.S. money-laundering probe, avoiding a protracted legal battle that would have further embarrassed the British banking giant.]]></dig:D3text>
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<dig:alt><![CDATA[HSBC]]></dig:alt>
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<pubDate>Tue, 11 Dec 2012 15:09:26 GMT</pubDate>
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<title>Delta buys 49 percent stake in Virgin Atlantic</title>
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<description><![CDATA[Delta Air Lines Inc. is buying almost half of British airline Virgin Atlantic for $360 million as it aims to boost its share of the lucrative New York-to-London market.]]></description>
<dig:D3text><![CDATA[Delta Air Lines Inc. is buying almost half of British airline Virgin Atlantic for $360 million as it aims to boost its share of the lucrative New York-to-London market.]]></dig:D3text>
<dig:keywords><![CDATA[Delta buys 49 percent stake in Virgin Atlantic, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Tue, 11 Dec 2012 13:29:10 GMT</pubDate>
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<title>Economy adds 146K jobs, jobless rate falls to 7.7 pct.</title>
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<description><![CDATA[The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008.]]></description>
<dig:D3text><![CDATA[The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008.]]></dig:D3text>
<dig:keywords><![CDATA[Economy adds 146K jobs, jobless rate falls to 7.7 pct. Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[Economy]]></dig:alt>
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<pubDate>Fri, 07 Dec 2012 14:22:28 GMT</pubDate>
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<title>T-Mobile to get Apple devices soon, iPhone likely</title>
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<description><![CDATA[T-Mobile will likely start carrying the iPhone next year after its parent company, Deutsche Telekom, said it has reached a new deal with Apple.]]></description>
<dig:D3text><![CDATA[T-Mobile will likely start carrying the iPhone next year after its parent company, Deutsche Telekom, said it has reached a new deal with Apple.]]></dig:D3text>
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<dig:alt><![CDATA[T-Mobile]]></dig:alt>
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<pubDate>Thu, 06 Dec 2012 21:29:30 GMT</pubDate>
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<title>Starbucks to open another 1,500 cafes in the US</title>
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<description><![CDATA[Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years.]]></description>
<dig:D3text><![CDATA[Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning to add at least 1,500 cafes in the U.S. over the next five years.]]></dig:D3text>
<dig:keywords><![CDATA[Starbucks to open another 1,500 cafes in the US, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Wed, 05 Dec 2012 14:22:23 GMT</pubDate>
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<title>Citigroup to cut more than 11,000 jobs</title>
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<description><![CDATA[Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.]]></description>
<dig:D3text><![CDATA[Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.]]></dig:D3text>
<dig:keywords><![CDATA[Citigroup to cut more than 11,000 jobs, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[Citigroup]]></dig:alt>
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<pubDate>Wed, 05 Dec 2012 15:56:08 GMT</pubDate>
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<title>US banks report stronger profits and more lending</title>
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<description><![CDATA[U.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will sustain its healing from the worst financial crisis in decades and help strengthen the economy.]]></description>
<dig:D3text><![CDATA[U.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will sustain its healing from the worst financial crisis in decades and help strengthen the economy.]]></dig:D3text>
<dig:keywords><![CDATA[US banks report stronger profits and more lending, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Tue, 04 Dec 2012 22:08:24 GMT</pubDate>
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<title>US home prices rise in October by most in 6 years</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/business&id=8907850&rss=rss-wpvi-article-8907850]]></link>
<description><![CDATA[A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.]]></description>
<dig:D3text><![CDATA[A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.]]></dig:D3text>
<dig:keywords><![CDATA[US home prices rise in October by most in 6 years, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[New home for sale]]></dig:alt>
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<pubDate>Tue, 04 Dec 2012 14:40:21 GMT</pubDate>
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<title>News Corp.'s new media co. to be named Fox Group</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/business&id=8906468&rss=rss-wpvi-article-8906468]]></link>
<description><![CDATA[News Corp. says that its new publishing company will keep the News Corp. name, while its separate media and entertainment company will be renamed Fox Group.]]></description>
<dig:D3text><![CDATA[News Corp. says that its new publishing company will keep the News Corp. name, while its separate media and entertainment company will be renamed Fox Group.]]></dig:D3text>
<dig:keywords><![CDATA[News Corp.'s new media co. to be named Fox Group, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[News Corp]]></dig:alt>
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<pubDate>Mon, 03 Dec 2012 15:01:36 GMT</pubDate>
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<title>ConAgra buying Ralcorp for about $5 billion</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/consumer&id=8899372&rss=rss-wpvi-article-8899372]]></link>
<description><![CDATA[ConAgra Foods is buying the private-label food maker Ralcorp for about $5 billion, which will make it North America's biggest manufacturer of cereals, crackers and other packaged foods sold under store brands.]]></description>
<dig:D3text><![CDATA[ConAgra Foods is buying the private-label food maker Ralcorp for about $5 billion, which will make it North America's biggest manufacturer of cereals, crackers and other packaged foods sold under store brands.]]></dig:D3text>
<dig:keywords><![CDATA[ConAgra buying Ralcorp for about $5 billion]]></dig:keywords>
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<dig:alt><![CDATA[In this March 21, 2011 photo, a sign for ConAgras world headquarters is shown in Omaha, Neb. ConAgra Foods Inc.s fiscal third-quarter net income fell 6 percent Thursday, March 24, as the maker of Healthy Choice and Chef Boyardee dealt with rising costs.]]></dig:alt>
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<pubDate>Tue, 27 Nov 2012 14:20:58 GMT</pubDate>
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<title>Schapiro stepping down after leading SEC in crisis</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/national_world&id=8898146&rss=rss-wpvi-article-8898146]]></link>
<description><![CDATA[Mary Schapiro will step down as chairman of the Securities and Exchange Commission next month after a tumultuous tenure in which she helped lead the U.S. government's regulatory response to the 2008 financial crisis.]]></description>
<dig:D3text><![CDATA[Mary Schapiro will step down as chairman of the Securities and Exchange Commission next month after a tumultuous tenure in which she helped lead the U.S. government's regulatory response to the 2008 financial crisis.]]></dig:D3text>
<dig:keywords><![CDATA[Schapiro stepping down after leading SEC in crisis, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Mon, 26 Nov 2012 16:23:20 GMT</pubDate>
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<title>Twinkies maker Hostess lives at least another day</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/local&id=8890936&rss=rss-wpvi-article-8890936]]></link>
<description><![CDATA[Twinkies will live to see another day.]]></description>
<dig:D3text><![CDATA[Twinkies will live to see another day.]]></dig:D3text>
<dig:keywords><![CDATA[Twinkies likely to survive sale of Hostess, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Tue, 20 Nov 2012 19:52:44 GMT</pubDate>
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<item>
<title>JPMorgan, Credit Suisse paying $417M in SEC case</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/business&id=8888340&rss=rss-wpvi-article-8888340]]></link>
<description><![CDATA[JPMorgan Chase and Credit Suisse have agreed to pay a combined $417 million to settle federal civil charges that they sold risky mortgage bonds to investors ahead of the 2008 financial crisis that the banks knew could fail.]]></description>
<dig:D3text><![CDATA[JPMorgan Chase and Credit Suisse have agreed to pay a combined $417 million to settle federal civil charges that they sold risky mortgage bonds to investors ahead of the 2008 financial crisis that the banks knew could fail.]]></dig:D3text>
<dig:keywords><![CDATA[JPMorgan, Credit Suisse paying $417M in SEC case, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[Chase Bank]]></dig:alt>
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<pubDate>Fri, 16 Nov 2012 21:10:51 GMT</pubDate>
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<item>
<title>Hostess going out of business, cites strike</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/local&id=8887764&rss=rss-wpvi-article-8887764]]></link>
<description><![CDATA[Hostess, the maker of Twinkies and Wonder Bread, is going out of business, closing plants and laying off its 18,500 workers.]]></description>
<dig:D3text><![CDATA[Hostess, the maker of Twinkies and Wonder Bread, is going out of business, closing plants and laying off its 18,500 workers.]]></dig:D3text>
<dig:keywords><![CDATA[Hostess going out of business, cites strike, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Fri, 16 Nov 2012 23:46:46 GMT</pubDate>
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<item>
<title>Post office reports record loss of $15.9B for year</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/national_world&id=8885157&rss=rss-wpvi-article-8885157]]></link>
<description><![CDATA[The struggling U.S. Postal Service is reporting a record annual loss of $15.9 billion.]]></description>
<dig:D3text><![CDATA[The struggling U.S. Postal Service is reporting a record annual loss of $15.9 billion.]]></dig:D3text>
<dig:keywords><![CDATA[Post office reports record loss of $15.9B for year, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[U.S. Postal Service]]></dig:alt>
</dig:image>
<pubDate>Thu, 15 Nov 2012 14:57:44 GMT</pubDate>
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<item>
<title>NJ jobless rate dips to 9.7 percent; 12K jobs lost</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/local&id=8886833&rss=rss-wpvi-article-8886833]]></link>
<description><![CDATA[New Jersey lost nearly 12,000 jobs in October, most of them in the private sector, even as the unemployment rate inched down to 9.7 percent.]]></description>
<dig:D3text><![CDATA[New Jersey lost nearly 12,000 jobs in October, most of them in the private sector, even as the unemployment rate inched down to 9.7 percent.]]></dig:D3text>
<dig:keywords><![CDATA[NJ jobless rate dips to 9.7 percent; 12K jobs lost, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Thu, 15 Nov 2012 18:43:22 GMT</pubDate>
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<title>Wal-Mart raises stake for holiday season's start</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/consumer&id=8878893&rss=rss-wpvi-article-8878893]]></link>
<description><![CDATA[Attention frustrated Black Friday shoppers who can never grab that hot product: Wal-Mart is hoping to relieve some of that anxiety.]]></description>
<dig:D3text><![CDATA[Attention frustrated Black Friday shoppers who can never grab that hot product: Wal-Mart is hoping to relieve some of that anxiety.]]></dig:D3text>
<dig:keywords><![CDATA[Wal-Mart raises stake for holiday season's start]]></dig:keywords>
<dig:image>
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<dig:alt><![CDATA[Walmart]]></dig:alt>
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<pubDate>Thu, 08 Nov 2012 21:17:20 GMT</pubDate>
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<item>
<title>Weekly US jobless claims fall to 355K last week</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/business&id=8878221&rss=rss-wpvi-article-8878221]]></link>
<description><![CDATA[The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.]]></description>
<dig:D3text><![CDATA[The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.]]></dig:D3text>
<dig:keywords><![CDATA[Weekly US jobless claims fall to 355K last week, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Thu, 08 Nov 2012 14:11:03 GMT</pubDate>
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<title>Slots revenue down in Pa., partly due to Sandy</title>
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<description><![CDATA[Pennsylvania gambling regulators say gross revenue from slot machines was down 4.4 percent last month at state casinos.]]></description>
<dig:D3text><![CDATA[Pennsylvania gambling regulators say gross revenue from slot machines was down 4.4 percent last month at state casinos.]]></dig:D3text>
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<pubDate>Fri, 02 Nov 2012 20:03:23 GMT</pubDate>
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<title>ADP says US businesses added 158,000 jobs in Oct.</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/consumer&id=8868138&rss=rss-wpvi-article-8868138]]></link>
<description><![CDATA[Payroll provider ADP says businesses added 158,000 jobs in October.]]></description>
<dig:D3text><![CDATA[Payroll provider ADP says businesses added 158,000 jobs in October.]]></dig:D3text>
<dig:keywords><![CDATA[ADP says US businesses added 158,000 jobs in Oct.]]></dig:keywords>
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<pubDate>Thu, 01 Nov 2012 13:24:38 GMT</pubDate>
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<title>College price hikes more modest but still painful</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/national_world&id=8858232&rss=rss-wpvi-article-8858232]]></link>
<description><![CDATA[The sticker price of in-state tuition at four-year public universities climbed about $400 this fall, an increase of nearly 5 percent that brought the average to $8,655. That's a modest increase compared to recent years but still painful for families with stagnant incomes after a prolonged economic slump.]]></description>
<dig:D3text><![CDATA[The sticker price of in-state tuition at four-year public universities climbed about $400 this fall, an increase of nearly 5 percent that brought the average to $8,655. That's a modest increase compared to recent years but still painful for families with stagnant incomes after a prolonged economic slump.]]></dig:D3text>
<dig:keywords><![CDATA[College price hikes more modest but still painful, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<dig:alt><![CDATA[Students are seen walking on a college campus in this undated file photo.]]></dig:alt>
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<pubDate>Wed, 24 Oct 2012 13:21:15 GMT</pubDate>
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<title>Gas gets cheaper, but still isn't cheap</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/consumer&id=8858719&rss=rss-wpvi-article-8858719]]></link>
<description><![CDATA[Gasoline across the U.S. is cheaper after a week of rapid price declines. But it still isn't cheap.]]></description>
<dig:D3text><![CDATA[Gasoline across the U.S. is cheaper after a week of rapid price declines. But it still isn't cheap.]]></dig:D3text>
<dig:keywords><![CDATA[Gas gets cheaper, but still isn't cheap]]></dig:keywords>
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<dig:alt><![CDATA[Gas Prices]]></dig:alt>
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<pubDate>Wed, 24 Oct 2012 19:50:21 GMT</pubDate>
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<title>Fed cites moderate US growth, takes no new action</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/business&id=8858617&rss=rss-wpvi-article-8858617]]></link>
<description><![CDATA[The Federal Reserve said Wednesday that the U.S. economy is improving only moderately and still needs its support to help lower unemployment.]]></description>
<dig:D3text><![CDATA[The Federal Reserve said Wednesday that the U.S. economy is improving only moderately and still needs its support to help lower unemployment.]]></dig:D3text>
<dig:keywords><![CDATA[Fed cites moderate US growth, takes no new action, Philadelphia News, Philly News, Action News, Philadelphia, Delaware, New Jersey, headlines, breaking news]]></dig:keywords>
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<pubDate>Wed, 24 Oct 2012 18:32:44 GMT</pubDate>
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<title>US sues B of A for $1B+ for mortgage fraud</title>
<link><![CDATA[http://abclocal.go.com/wpvi/story?section=news/consumer&id=8858492&rss=rss-wpvi-article-8858492]]></link>
<description><![CDATA[The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis.]]></description>
<dig:D3text><![CDATA[The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis.]]></dig:D3text>
<dig:keywords><![CDATA[US sues B of A for $1B+ for mortgage fraud]]></dig:keywords>
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<pubDate>Wed, 24 Oct 2012 17:19:12 GMT</pubDate>
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