Column

King of Prussia-based water-cooler maker buys Illinois firm for $58M; Palvella raises $10M; Tridiuum adds $9.5M

Quench has purchased water-cooler provider Pure Health Solutions Inc. for $57.6 million. Separately, Wayne-based Palvella Therapeutics has raised $10 million to fund its rare-disease research.

Wilmington Trust ex-president, CFO gets 6-year prison terms for lying to U.S., private investors in 2008 meltdown

U.S. District Judge Richard Andrews called Robert Harra’s offenses the “worst financial crime” in Delaware in 35 years but said he didn’t think a longer sentence would add deterrent value.

Wilmington Trust ex-president, CFO gets 6-year prison terms for lying to U.S., private investors in 2008 meltdown

U.S. District Judge Richard Andrews called Robert Harra’s offenses the “worst financial crime” in Delaware in 35 years but said he didn’t think a longer sentence would add deterrent value.

Gasoline is cheap, but for how long? Can investors cash in on next year’s price jump? (Update)

These people like high prices, which leave room for bigger profit margins and fatter shareholder dividends, and attract big new investments in wells and equipment.

Gasoline is cheap, but for how long? Can investors cash in on next year’s price jump? (Update)

These people like high prices, which leave room for bigger profit margins and fatter shareholder dividends, and attract big new investments in wells and equipment.

‘Stay the Course’: John Bogle rates his Vanguard CEO successors

The longtime head (now retired) of Malvern-based Vanguard Group has written his 12th book, full of the pointed, direct advice he's known for, plus a look back (and forward) at the history, future, and mission of his company.

‘Stay the Course’: John Bogle rates his Vanguard CEO successors

The longtime head (now retired) of Malvern-based Vanguard Group has written his 12th book, full of the pointed, direct advice he's known for, plus a look back (and forward) at the history, future, and mission of his company.
More Stories

Guru Tech raises $25M to hire software engineers

The company's software helps keep its clients' data and other information current.

J&J, BioMotiv invest $13M in Philly’s Aro Biotherapeutics and its Centyrin protein cancer drugs

The company, based at the University of Pennsylvania’s Pennovation Center, is trying to develop therapies for "undruggable disease."

Nutrisystem is sold for $1.4 billion to Tivity of Nashville

NutriSystem, the 45-year-old Fort Washington-based company, is being sold at $47 per share, a 30 percent premium to its trading price last week, the companies said.

XyloCor raises $17 million to grow heart arteries in Philly gene-therapy deal

XyloCor’s treatment seeks to grow new coronary artery tissue to help patients with severe chest pain (angina) who can’t be treated by surgery.

Opinion

Beneficial Bank’s Gerry Cuddy feels the chill of recession coming next year

Cuddy also said that he’s worried less about the Philly area’s long-term prospects than he is about the ballooning federal budget deficit.

Bankrupt Performance Bicycle starts store-closing sales; Philly warehouse gets layoff warning

"We are working to stabilize" an import business strained by high debt, a slow off-season, and Trump tariffs, said Patrick Cunnane, whose wife, Democrat Madeleine Dean, was elected to Congress to represent Montgomery County.

What was the threat from gas leak that jammed traffic over the Delaware River?

There have been "numerous explosions" of ethylene oxide in industrial situations; the bridge was shut as a precaution

Will ETFs, their prices dependent on hedge fund billions, stay aligned in the next market panic?

"Robust competition within the trading ecosystem ensures that ETF transaction costs are fair and in line with the costs and risks incurred by firms" that trade against ETF investors, says a sponsor.

Gasket failure caused Croda gas leak that closed Delaware Memorial Bridge for record number of hours

The company blamed the installation during construction of a faulty pipe gasket.

Update: Holtec’s Singh plans to build $680 million factory to boost nuclear power in India

The Holtec factory would "give India autonomous capability to produce systems and components to support the country's planned expansion of nuclear generation."

Leak at newly-expanded Delaware River chemical plant jams highways

"Suppliers didn't want to run the risk" of sending volatile ethylene oxide by rail more than 1,000 miles north, so the company is making its own.

Update: Taiwan investigates $20M transfer to Philly firm run by Congresswoman-elect’s husband

The Investigation Division of Taiwan's Ministry of Justice is investigating a $20 million January investment by Taiwan-based Ideal Bicycle Co. in bicycle distributor Advanced Sports Inc.

Semiquincentennial planners get their Philly start

Groundwork is being laid in Philadelphia for a celebration of the United States' 250th anniversary.

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