Business

Courtesy of Del-Chesco United for Pipeline Safety
Ian Bush
January 22, 2019 - 7:38 am
PHILADELPHIA (KYW Newsradio) — A liquid natural gas pipeline in Chester County remains shut down Tuesday after a sinkhole formed over the weekend. The earth gave way after heavy rain Saturday night into Sunday, exposing five feet of the Mariner East 1 along Lisa Drive in West Whiteland. RELATED:...
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Howard Schultz
Alex Wong/Getty Images
January 21, 2019 - 10:05 am
By Eli Watkins, Maeve Reston, Cristina Alesci and Poppy Harlow (CNN) — Howard Schultz, the former CEO of Starbucks, is exploring running for president as an independent candidate, two people familiar with his thinking told CNN. A person close to Schultz's advisers said they "are exploring a...
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streaming
Ian Bush
January 20, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) -- Comcast is preparing to roll out a streaming service that the Philly-based media giant hopes will win viewers — largely because of one big difference from Netflix. From ‘Saturday Night Live’ to ‘Jurassic World,’ NBCUniversal has a universe of its own shows and movies...
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PayPal
Justin Sullivan/Getty Images
January 18, 2019 - 9:38 pm
By Kate Gibson (CBS) -- Silicon Valley tech giant PayPal on Friday said it was committing $25 million to a program offering interest-free cash advances of up to $500 to federal workers impacted by the partial government shutdown, now in a record-breaking fourth week. "No matter where you stand on...
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New Jersey Capitol
Kenk | Dreamstime.com
David Madden
January 18, 2019 - 12:47 pm
TRENTON, N.J. (KYW Newsradio) — Political leaders in New Jersey have hammered out a deal that could take the minimum wage to $15 an hour by 2024. Now, getting it through the legislature may be no easy task. The state's business lobby vows to fight the plan tooth and nail. Michele Siekerka, CEO of...
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Stock market
Dreamstime
Hadas Kuznits
January 18, 2019 - 12:39 pm
PHILADELPHIA (KYW Newsradio) — With the government shutdown now approaching the one-month mark, experts can point to the impact it is having on the economy. When people don't have money, they tend not to spend. Mark Stehr, associate professor of economics at Drexel University, says that has an...
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Paul Rodriguez and Bridget Foy have opened a new restaurant called Cry Baby Pasta at Third and Bainbridge streets.
Society Hill Films
Hadas Kuznits
January 18, 2019 - 12:30 pm
PHILADELPHIA (KYW Newsradio) — After a fire destroyed Bridget Foy's at Second and South streets in October 2017, the long-time owner and namesake has a new place in Queen Village. Owner Bridget Foy has opened Cry Baby Pasta at Third and Bainbridge streets, an Italian restaurant with a rock 'n' roll...
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In this Jan. 9, 2019, file photo, Tesla CEO Elon Musk speaks during a meeting with Chinese Premier Li Keqiang at the Zhongnanhai leadership compound in Beijing.
Mark Schiefelbein/AP Photo, Pool, File
January 18, 2019 - 10:04 am
By The Associated Press Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to...
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The ribbon was cut at the Turf Club as it joins Parx in Bensalem and SugarHouse as places to legally make sports bets.
Mike DeNardo/KYW Newsradio
Mike DeNardo
January 17, 2019 - 4:15 pm
PHILADELPHIA (KYW Newsradio) — The ribbon was cut at the Turf Club in South Philadelphia as it joins Parx in Bensalem and SugarHouse as places to legally make sports bets. RELATED: Parx Casino launches sports betting at convenient time for Eagles fans Giorgio Wagner of Warrington placed a parlay...
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The Beyond/Hello dispensary is located at 1206 Sansom St. It officially opens Jan. 24.
John McDevitt/KYW Newsradio
John McDevitt
January 17, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — Center City's first medical marijuana dispensary is getting ready to open next week, but the public can find out more about the business Thursday at a free open house event. The dispensary, called Beyond/Hello , will be a place where cannabis products can be matched...
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