Business

In this July 16, 2019, photo, a man walks across the street from a Capital One location in San Francisco.
Jeff Chiu/AP Photo
Tim Jimenez
July 30, 2019 - 7:02 am
PHILADELPHIA (KYW Newsradio, Associated Press) — A major data breach is affecting more than 100 million Capital One credit card customers and applicants. The FBI arrested the hacker who was behind the breach. Authorities say 33-year-old Paige Thompson of Seattle was a software engineer for a cloud...
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Hahnemann University Hospital
Bastiaan Slabbers/Getty Images
July 29, 2019 - 2:08 pm
By Lydia DePillis, CNN Business (CNN) — For decades, Hahnemann University Hospital served as the main safety-net hospital for downtown Philadelphia's neediest residents. But last week, it released its last patient. Within a month, the hospital's 2,572 staff will all have been laid off, and the...
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In this Sept. 21, 2016, file photo EpiPens that Mylan CEO Heather Bresch bought with her are seen on Capitol Hill in Washington as she testifies before the House Oversight Committee hearing on EpiPen price increases.
Pablo Martinez Monsivais/AP Photo, File
July 29, 2019 - 11:53 am
By Linda A. Johnson, AP Medical Writer Pfizer, the country's largest drugmaker, is creating a hybrid new drug company by combining its off-patent branded drug business with the generic pharmaceutical company Mylan. The two companies said Monday that they'll ultimately spin off the combination of...
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Food vendor outside Hahnemann
Paul Kurtz/KYW Newsradio
Paul Kurtz
July 26, 2019 - 4:23 pm
PHILADELPHIA (KYW Newsradio) — With the impending closure of Hahnemann University Hospital, boom times are about to go bust for several food truck vendors. The long-time neighbors have served breakfast and lunch outside the hospital's 16th and Arch streets entrance for years, but now, they may need...
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Philadelphia City Hall.
Holli Stephens/KYW Newsradio
Pat Loeb
July 26, 2019 - 2:37 pm
PHILADELPHIA (KYW Newsradio) — Edisa Rodriquez felt doubly bereft when her grandmother died three years ago. Not only had she lost her family's beloved matriarch, but all her stories, her life experiences, were gone, too. "With so much family and so much energy around family, we didn't have...
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With the closure of Hahnemann University Hospital just days away, the City of Philadelphia hosted a job and resource fair Thursday at the Pennsylvania Convention Center for Hahnemann employees, and employers came from all across the region.
Cherri Gregg/KYW Newsradio
Cherri Gregg
July 25, 2019 - 5:25 pm
PHILADELPHIA (KYW Newsradio) — With the closure of Hahnemann University Hospital approaching, the City of Philadelphia hosted a job and resource fair Thursday at the Pennsylvania Convention Center for Hahnemann employees, and employers came from all across the region. "Our main goal today is to...
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A chasm opened up on South Street between 5th and 6th streets, where a water main broke on Wednesday morning.
Mike Dougherty/KYW Newsradio
Mike Dougherty
July 25, 2019 - 7:59 am
PHILADELPHIA (KYW Newsradio) — There's still a mess to clean up on South Street from a water main break that happened on Wednesday morning near 6th Street. There is a huge chasm in the ground, five to six feet deep, with 4-foot piles of dirt on either side. The hole is covered with 2x12 wooden...
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The Melrose Diner is closed and boarded up after a fire.
Tim Jimenez/KYW Newsradio
Tim Jimenez
July 25, 2019 - 7:01 am
PHILADELPHIA (KYW Newsradio) — A corner of the Melrose Diner, at 15th Street and Snyder Avenue, is boarded up Thursday morning. Wires are dangling, and a smoky smell still lingers in the air after a fire Wednesday evening sent customers scattering from the 84-year-old South Philly institution...
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OpenTable
OpenTable via AP
July 24, 2019 - 2:29 pm
(Associated Press) — OpenTable is getting into the food delivery business. The world's biggest online restaurant reservation service — which was founded 21 years ago — has been watching warily as more and more diners opt for delivery. Between May 2018 and May 2019, U.S. restaurant visits were flat...
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This April 30, 2007, file photo, shows the headquarters of Cardinal Health in Dublin, Ohio.
Kiichiro Sato/AP Photo, File
July 24, 2019 - 1:09 pm
By Geoff Mulvihill and Riin Aljas, Associated Press WASHINGTON (AP) — An executive at one of the nation's largest drug distribution companies said under questioning recently that the business has no obligation to the public when it comes to the amount of prescription opioid painkillers it ships...
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