Top Business Stories

Kevin R. Duddy, at the podium, updates council on the poor condition of the abandoned building

Pillipsburg Council wants old building cleaned up or torn down

A dilapidated building next to Tom’s Lunch Family Restaurant in downtown Phillipsburg is a health and safety hazard and must be cleaned up or torn down, borough officials said Tuesday night.

House for sale

Baby Boomers face big housing crunch

America's Baby Boomers are facing a serious housing crunch, with many expected to struggle to afford their homes come retirement.

Eric Cantor

Paul Courson/CNN

Eric Cantor goes to Wall Street

Former House Majority Leader Eric Cantor is taking his talents to Wall Street, joining boutique investment bank Moelis & Co. as a vice chairman and board member.

Cantor's move into the private sector was widely anticipated following his June electoral...

Stock market traders

Emmanuel Tambakakis/CNN

Morgan Stanley predicts stock market surge

Worried about a stock market bubble? Morgan Stanley sure isn't.

Generic: PPL logo

PPL introduces self-service tool to help businesses

PPL Electric Utilities has made it easier for small businesses, contractors and builders to create and track work requests for new service.

Coastal Grille restaurant

Patrick Manwiller/69 News

Opening date set for Coastal Grille restaurant

The man behind one popular restaurant in Berks County is about to try his hand at another.

Paycheck, check, payroll

iStock

L.A. mayor calls for $13.25 minimum wage

The push for a higher minimum wage picked up momentum Monday when the mayor of the nation's second largest city called for an increase to $13.25 by 2017.

Revel Atlantic City

AP

Revel casino closes; Trump Plaza OK'd for Sept. 16 shutdown

Revel Casino Hotel closed its doors Tuesday morning, a little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market.

Family Dollar

From Family Dollar

Dollar General raises bid for Family Dollar

There's a new skirmish in the fierce takeover battle among dollar-store rivals. Dollar General, the industry leader, has raised its bid for Family Dollar slightly, to about $9.1 billion from its prior $9 billion offer.

Closeup of dollar bill, money, George Washington

Trish Parisy/SXC

The U.S. dollar is super strong now

You go, greenback! The U.S. dollar is mightier than it has been in more than a year.

Home Depot

Ferre Dollar/CNN

Home Depot investigating 'massive' hack

Home Depot is investigating a hack that possibly exposed its customer payment information.

NBA, Kevin Durant, Thunder 2012

REUTERS/Lucy Nicholson

Nike swooshes in with $300M to keep Durant

Under Armour had its man. It was about to sign basketball superstar Kevin Durant to a 10-year, $285-million endorsement deal.

Fat chance.

At the last minute, Nike swooshed in Sunday with a reported $300 million deal, and Durant stayed put.

The key reas...

BP oil spill, Gulf of Mexico, oil rig, smoke, ships

REUTERS/Lee Celano

Halliburton in $1.1 billion oil spill settlement

Halliburton will pay $1.1 billion to settle lawsuits stemming from the worst oil spill in U.S. history.

The settlement, which is subject to approval by federal authorities in Louisiana, resolves most of the legal claims that Halliburton is facing ove...

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