Monday, July 28, 2014
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PhillyDeals: This assault on Vanguard’s “at cost” operating principle could, if successfully challenged, have seismic implications for the fund industry and possibly put competitors on a more level playing field with Vanguard as far as costs are concerned.
Jury selection is underway in the trial for three people charged in a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
Terry Derby had to surf on seven different couches. Ellen Frank was turned down for credit cards and had trouble leasing a car. Ryan Schofield figures he might never again be able to buy a house.
Don't want to singe your feet on hot beach sand to go get lunch? Just scored a table at that hot new BYOB but don't happen to be toting a bottle of wine? Run out of sunscreen during peak tanning hours?
Anna Mudrova, 41, of Huntingdon Valley, received an eight-year prison term for her role in a Medicare fraud involving Penn Choice Ambulance Inc., which operated from Huntingdon Valley Camp Hill, Pa.
The Pennsylvania Public Utility Commission has set separate two-day hearings next month to consider permanent licenses for ride-sharing companies Uber and Lyft.
Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business.
The West Philadelphia Alliance for Children, a nonprofit that focuses on improving literacy in children by opening previously shuttered libraries in public elementary schools, has named David W. Brown executive director.
American Associates, Ben-Gurion University of the Negev, has installed Marla and Robert Zipkin as chairs of its Philadelphia chapter, succeeding Connie and Sam Katz.
Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.
NSM Properties Inc., 701 Ostrum St., Suite 302, Bensalem; Chapter 7; no schedules available.
WASHINGTON (AP) - Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged, while rates on three-month bills rose to their highest level in four weeks.
DETROIT (AP) - Ford is raising the price of its new aluminum-sided pickup truck, but still trying to stay competitive with rivals.
NEW YORK (AP) - Darden Restaurants says CEO and chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following the sale of Red Lobster.
WASHINGTON (AP) - Medicare's financial future is looking brighter despite a growing wave of baby boomers reaching retirement.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
SAVANNAH RIVER SITE, S.C. (AP) - South Carolina Gov. Nikki Haley and members of her state's congressional delegation say federal lawmakers have secured enough money to ensure a nuclear fuel project at the Savannah River Site goes forward.
WASHINGTON (AP) - In a victory for airlines and their workers' unions, the House rejected consumers' complaints and easily passed legislation Monday letting airline advertising emphasize the base price of tickets, before taxes and fees are added.
WASHINGTON (AP) - A bipartisan deal announced Monday would authorize about $17 billion to help veterans avoid long waits for health care, hire more doctors and nurses to treat veterans and make it easier to fire executives at the Department of Veterans Affairs.
The real estate search engine Zillow announced Monday it would acquire its rival Trulia for $3.5 billion in stock in a deal expected to close in 2015.
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