Business news in brief
In the Region
Prime time for Phila. firm
The Neat Co., a Center City company that has developed a receipt-scanning device and document-management software, will be featured Monday night on NBC's Celebrity Apprentice, hosted by Donald Trump. As part of a competition, 15 celebrities will create a commercial for the Philadelphia company.
"It will give national visibility to the company," said Neat CEO Jeff Dickerson.
Neat has sold 2.4 million scanners. Comcast Corp. owns NBC. - Bob Fernandez
Moving out of N.J., Pa.
New Jersey was first and Pennsylvania was ninth among the 10 states with the most residents moving out in 2014, according to United Van Lines' 38th annual national movers study, which tracks customers' migration patterns state-to-state during the course of the past year. Oregon was the top moving destination of 2014, with 66 percent of moves to and from the state being inbound - a nearly 5 percent increase of inbound moves compared with 2013. - David Sell
Local hotel changing names
The Hyatt Regency Philadelphia at Penn's Landing will become a Hilton hotel, hotel general manager Mike Costello said Friday. The owners of the property reached the end of their agreement with Hyatt and reassessed the options. Costello said the "re-flagging" with the Hilton name would be completed by March 1. Costello said reservations and group bookings would be honored. He said there are tentative plans for renovating the hotel, but the scope and timing are undecided. - David Sell
Dish must revise sales pitch
Dish Network, the nation's third-largest pay-TV operator, agreed to pay $2 million to settle an investigation by the Colorado Attorney General's Office into its sales practices, the state agency said. As part of the settlement, Dish also agreed to revise its sales practices nationwide by telling consumers that Dish could raise prices at any time.
The investigation was triggered in 2011 when Dish consumers believed they "locked in" rates for two years but were then subject to prices hikes of $5 a month. - Bob Fernandez
Elsewhere
FDA's 2014 drug approvals
The U.S. Food and Drug Administration approved 41 first-of-a-kind drugs in 2014, including a record number of medicines for rare diseases, pushing the agency's annual tally of drug approvals to its highest level in 18 years. FDA drug approvals are considered a barometer of industry innovation and the agency's efficiency with reviews. - AP
























