Chester County bank DNB Financial under attack from hedge fund calling for sale

The biggest bank based in Pennsylvania’s richest county is under attack by out-of-state hedge-fund investors who allege corporate governance failures at DNB Financial Corp. and want the bank to be put up for sale to new owners.

What happened in the rush to open Pennsylvania’s biggest, most expensive prison?

SCI Phoenix was not complete when prisoners moved in, according to documents, but Pennsylvania officials could not afford further delay.

What happened in the rush to open Pennsylvania’s biggest, most expensive prison?

SCI Phoenix was not complete when prisoners moved in, according to documents, but Pennsylvania officials could not afford further delay.

David’s Bridal and Advanced Sports are preparing to leave bankruptcy, with new owners and less debt

Two bankrupted Philly retailers, David's Bridal and Advanced Sports/Performance Bicycle (run by new U.S. Rep. Madeleine Dean's husband), look to survive bankruptcy reorganization and threats from China-based direct sellers

David’s Bridal and Advanced Sports are preparing to leave bankruptcy, with new owners and less debt

Two bankrupted Philly retailers, David's Bridal and Advanced Sports/Performance Bicycle (run by new U.S. Rep. Madeleine Dean's husband), look to survive bankruptcy reorganization and threats from China-based direct sellers

Column

Citizens, Philly’s biggest bank and Phillies patron, says it’s ready for a New York bank’s assault

Bruce Van Saun, head of the biggest bank in Philadelphia, says Trump has helped boost business, and the Phillies ought to win more games this year
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Citizens, Philly’s biggest bank and Phillies patron, says it’s ready for a New York bank’s assault

Bruce Van Saun, head of the biggest bank in Philadelphia, says Trump has helped boost business, and the Phillies ought to win more games this year
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More ex-Wilmington Trust bankers sentenced to prison

Two more bankers at what was once the Philadelphia area's largest locally-based bank were sentenced to federal prison for lying about massive loan losses.

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Jack Bogle was a cheerful pessimist, a master salesman, Vanguard’s builder and voice

Bogle's frank, disarming, cheerful style made people believe that they could understand money and time.

No MLK event at Philly’s shuttered Liberty Bell due to shutdown; corporate rescue runs out of time

A last-minute appeal to corporations and charities to reopen the Liberty Bell for scheduled Martin Luther King Day activities has fallen short. Each day Independence National Historic Park is closed costs businesses and the city’s tax collections an estimated $1 million

Financial services firm Univest is bringing back an old Philadelphia name to capitalize on the brand

The change was prompted by how Girard Partners has gained clients and assets despite harsh conditions for registered investment advisers its size.

Raymond G. Perelman, master investor and philanthropist, dies at 101

He was a master businessman who bought and sold companies with abandon. He also became one of the Philadelphia region’s greatest philanthropists, leaving his mark at the University of Pennsylvania and beyond.

A Philadelphia digital pioneer from the ’60s will be its newest public company on NYSE

One of Philly's oldest computer-age businesses will be its newest public company as Clarivate's owners list it on the New York Stock Exchange this Spring.

King of Prussia firm strikes national deal to sell plant-based egg substitute

Renmatix, based in King of Prussia, has found a global distributor for its Simple Cellulose vegan egg substitute.

These two Philly medical stocks doubled investors’ money in 2018

Tabula Rasa Healthcare, the Moorestown-based drug-delivery software firm, and BioTelemetry, the Malvern heart-monitor maker, ranked among the top 10 for share-price gains among the Standard & Poor’s index of 600 small-cap stocks in 2018.

In two more weeks, cost of shutdown could exceed what Trump wants for the wall

“It will only take another two weeks to cost the U.S. economy more than the $5.7 billion that the White House requested for the border wall,” S&P said in a statement.

Seven weeks after leak shut busy highways, Delaware not ready to let Croda unit reopen

Croda's new ethylene oxide facility on the Delaware River remains shut under state orders, seven weeks after a gas leak forced a seven-hour holiday-weekend closing of the Interstate highway links between the New Jersey Turnpike, I-295 and points south

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Taxpayers invested millions, but these Wall St. pros have yet to deliver

In its fourth year, the aspiring Delaware Board of Trade securities exchange started by traders from Philly and funded by New Castle County taxpayers, is yet to deliver on its tall promises.

Crossbeam raises $3.5 million from First Round, Silicon Valley

Philly's FirstRound Capital and a group of Silicon Valley firms have invested $3.5 million in an early "seed" venture capital round for Bob Moore's Crossbeam, a marketing data software firm

Wayne-based Guardian Capital’s pet-toy company Hyper Pet plans to combine with R2P Pet

Philly-owned Hyper Pet, backed by Guardian Capital, is on an acquisition spree

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