| Jan 21, 2015
| 1:46 PM
Melvin Gordon, who led Tootsie Roll Industries Inc. for more than five decades, died Tuesday in Boston after a brief illness, the company announced. He was 95.
Gordon was chairman and CEO of the Chicago-based confectioner for 53 years, overseeing the...
| Jan 21, 2015
| 10:29 AM
Melvin J. Gordon ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years and held the distinction of being the oldest CEO of any business listed on the New York Stock Exchange or the Nasdaq Stock Market.
Mr. Gordon, 95, died...
| Jan 21, 2015
| 5:50 PM
Standard & Poor's agreed Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities.
In its first enforcement action against a major credit-rating company, the Securities...
| Jan 23, 2015
| 2:30 AM
It's hard to believe that was only President Obama's sixth State of the Union address. It feels like he's given so many more. Maybe that's because the man seems to be constantly talking. And talking. The talking is the background noise of much of the last...
| Jan 26, 2015
| 9:34 AM
By electing left-wing Syriza party leader Alexis Tsipras to be premier, Greeks voted to end the draconian economic measures imposed by Germany and other international lenders. After the dust settles, German Chancellor Angela Merkel will either backpedal...
| Jan 17, 2015
| 7:00 AM
Italian filmmaker Paolo Virzý has long been considered one of the heirs of the Commedia all'italiana style of film comedy made famous by such directors as Dino Risi, Mario Monicelli and Ettore Scola.
But Virzý noted that his films are much more than...
| Jan 5, 2015
| 9:17 PM
Plunging oil prices Monday spooked investors already nervous about weakness in Europe, leading to the biggest one-day drop in stocks in three months.
U.S. crude oil dipped below $50 a barrel for the first time in nearly six years. Coupled with...
| Jan 3, 2015
| 7:09 PM
When First Niagara Financial Group announced plans to close 17 branches, including one at 16th and Allen streets in Allentown, it cited technology as the main reason.
Bank branch traffic is on the decline, as is the number of transactions handled per...
| Jan 15, 2015
| 2:20 PM
Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday.
Oil prices continued their slide, and U.S. government bonds jumped.
Weak revenue from trading pulled down Bank of America's profit...
| Jan 14, 2015
| 1:30 PM
A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety.
U.S. stocks fell from the start of trading on a report that consumers pulled...
| Jan 12, 2015
| 4:00 PM
Stocks swung from gains to losses and almost back again on Tuesday.
The U.S. market opened the day higher, getting a boost from encouraging news on hiring and small business confidence. The market then swooned in the afternoon as oil closed lower. The...