Tuesday, September 23, 2014
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Nearly half of what Pennsylvania's workers' compensation program pays for prescription drugs goes to physicians who dispense them directly to patients, bypassing pharmacies, a lucrative practice that is limited by many states and not reimbursed at all by private insurance, Medicare or Medicaid, according to a new report.
The Rockefeller Brothers Fund, built with profits from Standard Oil Co., is selling investments in coal and tar sands producers in a move to pressure companies that are contributing to climate change.
A.C. credit rating is downgraded
ATLANTIC CITY Standard & Poor's downgraded Atlantic City's credit rating from A-minus to BBB-plus on Monday, citing mainly the closing of four of 12 casinos this year.
Wooed by state and city grants and tax credits worth nearly $4.4 million, Hill International Inc., the Marlton-based construction management and consulting company, will move its corporate headquarters and 120 jobs to Center City in May 2015.
Economist Charles I. Plosser, best known for questioning the Federal Reserve's attempts to use cheap money to promote job growth, said Monday he'll step down as president of the Federal Reserve Bank of Philadelphia on March 1 instead of waiting until his term ends in 2016.
The rules, effective immediately, affect how companies can structure themselves for taxes.
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NEW YORK - Worries about the outlook for growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks Monday.
Two members of a Philadelphia Ironworkers union admitted roles in 13 acts of sabotage and intimidation Monday on behalf of a group that prosecutors say routinely damaged school, business, and even church construction sites to pressure builders into hiring union workers.
In the Region Nurses strike continues Union nurses, on strike Sunday and Monday at Crozer-Chester Medical Center, plan to continue picketing Tuesday...
YOU'RE 62 or older, and life has derailed your plans. You didn't save nearly as much as you wanted to retire - but you had to stop working because of health issues.
A Florida developer who made a $90 million offer for Atlantic City's shuttered Revel Casino wants to use the site to help end world hunger, cancer, and resolve other pressing issues like nuclear waste storage.
WASHINGTON (AP) - The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying U.S. taxes.
Worries about growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks. Investors are nervous about China following soft economic data that suggest the world's second-largest economy is slowing down.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
LOS ANGELES (AP) - A judge has recommended a six-month suspension for a Los Angeles attorney who posted doctored photos on her firm's website that show her with high-profile people such as President Obama, Hillary Clinton and George Clooney.
WASHINGTON (AP) - Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1.
ANCHORAGE, Alaska (AP) - A television reporter quit her job on live TV with a big four-letter flourish after revealing she owns a medical marijuana business and intends to press for legalization of recreational pot in Alaska.
NEW YORK (AP) - A day after over 100,000 people marched to warn that climate change is destroying the Earth, more than 1,000 activists blocked parts of Broadway in Manhattan's financial district in a sit-in to protest what they see as corporate and economic institutions' role in the climate crisis.
NEW YORK (AP) - Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.
The Street: When a major retailer buys a smaller homegrown company, there are tradeoffs, both positive and negative in each direction. Five case studies.
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