Pa. pension board hires Apollo, a fund with a history

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The Pennsylvania State Employees’ Retirement System (SERS) made $1 billion in the first quarter, thanks mostly to the rising stock market... Read more

Amazon-Whole Foods deal shades Walmart, Target

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In a move seen as filling a critical gap in its plans to track U.S. consumers, Amazon.com announced Friday that it would acquire the Whole... Read more

Lego supplier Trinseo acquires Italian plastics firm

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Trinseo, the $3.7 billion-in-yearly-sales, Berwyn-based company that makes hard plastics — the kinds used in smartphone cases,... Read more

Even with sweetened-drinks tax, Philly's food and beverage wages rose in 1st-quarter 2017

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Despite critics’ warnings that Philadelphia’s 1.5 cent-an-ounce sweet-drinks tax could drive jobs out of the city, Philadelphia... Read more

Splitting the babies: Billionaire tries to out-spin DuPont CEO Ed Breen, the Breakup King

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One of the hedge-fund billionaires who pushed DuPont Co. and Dow Chemical Co. to cut thousands of jobs and plan a merger to enrich investors... Read more

Pennsylvania pension law: Necessary, and a sign of decline

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How much does it cost for a state to borrow, say, $100 million? Depends on how much investors trust you. If you’re Delaware, Maryland... Read more

At Vanguard, help wanted: Opposition research; HR firing squad (Update)

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Who knew that a mutual fund company, like a political campaign, might seek to hire lawyers to do opposition research, searching for questionable... Read more

U.S. gun and ammo purchases heading up

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FBI data show that the number of Americans applying for background checks to purchase firearms rose 6.5 percent last month compared with the... Read more