PhillyDeals Archive: July, 2013

Bankrupt Detroit, a model for whom?

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America's troubled cities are like Tolstoy's unhappy families: each has problems all its own. New York's 1979 near-bankruptcy, like Orange... Read more

Philly-based McDermott to take over as sole SAP boss

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Newtown Square-based SAP AG executive Bill McDermott will become sole CEO of the German business software giant, under a proposal announced... Read more

Ryland Group buys Philly builder Cornell Homes

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California-based Ryland Group Inc., a publicly-traded national homebuilder and home-finance lender with projects in all the suburban counties... Read more

Office landlord gives up on Philly suburbs; will build apartments instead

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One of the Northeast's largest office landlords is pulling out of the Philadelphia suburban office market, where rents remain stuck at the... Read more

Why judge went easy on insider-trading broker who violated AA secrecy

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The six-month sentence meted former broker and convicted inside-trader Timothy J. McGee by Philadelphia federal court Judge Timothy J. Savage... Read more

Billionaire Warren Buffett buys Atlantic City Press

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"Warren Buffett's newspaper company said Thursday it plans to acquire the Press of Atlantic City, N.J., for an undisclosed price," from Pittsburgh-based... Read more

Aramark moves 300 Philly jobs to Nashville

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Aramark, the Philadelphia-based cafeteria operator whose headquarters tower is based at 12th and Market Streets, "announced the construction... Read more

Penn State agrees to pay $60M to Sandusky child rape victims: report

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The Penn State board of trustees has approved a number around $60 million to settle a majority of the claims made by people claiming convicted... Read more