Cira 2: If you have to ask...

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The builders behind Cira 2, like most other projected Philadelphia skyscrapers over the past decade, are counting on disgruntled New Yorkers... Read more

PA foundations flat

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The stock market’s post-2000 slump has taken a toll on Pennsylvania’s charitable foundations, says a new report from Delaware... Read more

Wachovia: $50M for Palomar on Rittenhouse

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Kimpton Hotels & Restaurants, San Francisco, says Wachovia Bank has agreed to lend $50 million to turn the Architect’s Building,... Read more

Optium sold; boss Gertel to run buyer Finisar

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Optium Corp., the Horsham optics equipment maker run by JDS Uniphase veteran Eitan Gertel, said today it's agreed to be bought by local-area... Read more

PA Turnpike bids: Transurban-GS, Abertis-Babcock-Citi

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The state expects the highway will fetch $12-18 billion, Financial Times reports here. Gov. Ed "Rendell, a Democrat, is under pressure... Read more

SunGard back on M&A hunt

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SunGard's agreement to purchase Strohl Systems Group Inc. of King of Prussia marks the Wayne-based financial-software and recovery systems... Read more

Journal Register, wounded, draws investor

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Journal Register Co., Yardley, the famously frugal company that owns the Delaware County Daily Times, West Chester's Daily Local News, Norristown... Read more

Private equity = CEO turnover

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One in four CEOs whose company is bought by private equity investors will be replaced, and board turnover is even higher, according to a study... Read more