A lot of Mayor Nutter's campaign promises have been shelved for the foreseeable future as he tries to keep Philadelphia afloat during a grim fiscal crisis. Here's a look at some of Nutter's promises back in 2007 on the trail, and what he's doing now.
Credit markets are frozen these days and in Medford, David Wiggins is feeling an uncomfortable chill.
A former company president accustomed to leading a $55 million business with 200 employees, Wiggins, 57, wants to buy a small manufacturing business priced at under $5 million.
Citigroup could cut 70,000 jobs; India, Mex, Brazil loans sour
You looked hard to find the right house. You negotiated the right price and shopped around for the best mortgage rate.
It's not over.
Despite some recent relief for financial stocks, Oppenheimer & Co. analyst Meredith Whitney says the financial markets won't be able to stabilize until there is more truth-telling.
CHARLOTTE, N.C. - Bank of America Corp. yesterday became the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations.
NEW YORK - Stocks turned in a mixed performance yesterday as the price of oil regained ground and investors decided to cash in some gains from the stock market's big rally last week.
CHARLOTTE, N.C. - Wachovia Corp. said today that it lost $8.86 billion in the second quarter, slashed its dividend, and announced 6,350 job cuts after losses tied to mortgages soared.
SAN FRANCISCO - Yahoo Inc. averted a showdown with rabble-rousing investor Carl C. Icahn yesterday by giving him three seats on its board of directors in a truce that leaves the door open for a possible sale of the company to Microsoft Corp.
NEW YORK - Wall Street surged higher last week, but that's cold comfort to people whose stock portfolios are still down more than 10 percent this year.
Dollar Financial Corp., a Berwyn company that operates stores that serve as an alternative to banks, announced today that its board of directors has authorized the repurchase of $7.5 million in common stock, the maximum amount allowed under its credit terms.
Ametek Inc., a Paoli company that makes electronic instruments and electromechanical devices, had a good second quarter, so good that it raised its earnings forecast.
The Unisys Corp. subsidiary in the United Kingdom today announced that it has won a $63 million contract to create and manage an information network for the Kent County Council in England.
Gas prices fell over the weekend, both locally and nationally, AAA Mid-Atlantic reported today.
The Dow Chemical Co., which has drawn fire for controversies including napalm used in Vietnam and polluted run-off from its own Michigan headquarters, still gets high marks in many quarters for its corporate citizenship.