Conshy's Symphony Health drug-data firm sold for $520M

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PRA Health Sciences Inc., a North Carolina-based clinical research organization that tests drugs, has agreed to pay $520 million for Symphony... Read more

Payment giant PayPal buys Philly-area's Swift

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PayPal, the online-payments giant, has agreed to buy Swift Financial, the fast-growing, small-business lender based in Wilmington and Conshohocken... Read more

Huge Pa. pension fund cuts manager fees, but lacks openness: auditor

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Pennsylvania’s underfunded State Employees’ Retirement System has shifted billions in investments towards indexed funds and less-expensive... Read more

An $872 million week for Philly biotech companies

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Amid a surging U.S. stock market that is helping fund drug developers and other growth companies, five Philadelphia biotech firms attracted... Read more

PHH settles again: Pays U.S. $75M to settle HUD, FHA, veteran ripoff probes

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In the latest of a string of cash settlements home lenders have paid the government in response to aggressive lending practice allegations... Read more

How Cloudamize yielded '52% a year' for local investors

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Last week’s purchase by Blackstone-backed, UK-based Cloudreach of a controlling stake in Cloudamize has enriched some of the leaders... Read more

Broker who specialized in police, firefighters fined $200K

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I met Austin Dutton a couple of Philadelphia mayors ago, long before his firm was slapped with the biggest fine in Pennsylvania state securities... Read more

Builder sues SugarHouse for $14M: Update

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[Adds subcontractor comment, see ‘Update’ below] SugarHouse Casino cut the ribbon in May 2016 on an expansion that more than... Read more