PhillyDeals Archive: July, 2009

Lubert's Versa bid for Bailey Banks Biddle, Caldwell jewelers: report

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Versa Capital, the West Philadelphia distressed-company turnaround investor led by Greg Segall and backed by Ira Lubert, is among investors... Read more

Is this fair? Top 1% pay more US income tax than bottom 95%

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Are rich Americans paying their share of taxes? Yes, and more, writes Scott A. Hodge of the Tax Foundation here. Citing the most recent Internal... Read more

Is PA allowing dangerous AIG insurance risk?

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NYTimes went sifting through American International Group's financial filings with state regulators (who say they did a fine job regulating... Read more

U.S. economy shrank again in 2q

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"Gross domestic product contracted at a less-than-projected 1 percent annual rate after shrinking 6.4 percent in the prior three months... Read more

Obama should drink Yuengling, not Bud, says Beer Wars' Baron

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When the President sits down at the White House tonight for a beer with Harvard Prof. Henry Louis Gates Jr. and Sgt. James Crowley, the Massachusetts... Read more

Comcast hired Democrats after dropping GOP lobbyists

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Joe Trahern, former Washington lobbyist for General Motors and a former aide to ex-Senate Democratic Leader Tom Daschle (D-S.Dak.), four other... Read more

Cigna squeezes higher profit from fewer customers

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Cigna Inc. profits from health insurance, the Philadelphia company's biggest business, rose to $177 million for the second quarter, from $154... Read more

Fake recovery: 2q job cuts boost profits, but sales fall

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No recovery yet. Corporate America is making money mostly by cutting people and other costs, not boosting sales. Second-quarter earnings are... Read more