Joseph N. DiStefano’s PhillyDeals column runs in The Inquirer on Sundays, Tuesdays, Wednesdays and Thursdays. He also writes the PhillyDeals blog, which you can read here.
Email Joseph N. at JoeD@phillynews.com
- Many signs point to stronger economy
- Fund manager: Bear market in government coming
PhillyDeals: There's a disconnect between the pessimism that bosses have been showing since the election and this winter's tax hikes and the rising stock market.
- Corbett: School aid tied to pension savings
- Corbett: Reform Pa. pensions or face budget crisis
- Corbett stresses state pension crisis in 2013 agenda
PhillyDeals: It was an expensive throw of the dice: Back in 2006, the Pennsylvania State Employees Retirement System (SERS) and its board, headed by ex-state Rep. Nicholas Maiale (D., Phila.), gave more than $3 billion to six private investment firms so they could use it to buy high-priced hedge fund investments, in hopes of fat profits.
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Bridesburg site touches off battle over residential vs. industrial use
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PhillyDeals: The polluted former Philadelphia Coke Co. site in Bridesburg shows the promise and challenges facing Mayor Nutter, Councilman Bobby Henon, and others who say they want to renew the city's historic but shrunken factory economy.
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Finding a new name in Phila.'s own backyard
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Because more American businesses cut their old phone cords and buy Internet- and cloud-based services, New York Stock Exchange-listed Warwick Valley Telephone Co., of Melville, N.Y., said Tuesday it is dropping its century-old name, which recalls its origin as a local pole-and-wire network, in favor of that of its Philadelphia-based subsidiary, Alteva, one of the growing providers who sell "unified communications" linking clients' voice, e-mail and data.
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He makes insurance world palatable - even fun
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PhillyDeals: Philadelphia lawyer Randy Maniloff is on a mission to make insurance interesting. Funny, even. And maybe get paid even when he doesn't go to court.
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Betting on lottery players anteing up for a bigger pot
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If this works, a lot of people are going to get paid - by the public. Pennsylvania Gov. Tom Corbett hired ex-Gov. Ed Rendell's investment bank to find a Canadian-owned British company to run the Pennsylvania lottery.
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A year plus after Occupy, Dilworth is so different
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PhillyDeals: It's more than a year since police broke up the Occupy Philadelphia tent camp and workers started ripping out locust trees and moving stone for the $50 million reconstruction of Dilworth Plaza, west of City Hall.
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Wilmington software firm riding high on new Bain funds
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PhillyDeals: "We're going to build a big company," says Michael Phelan, the Chester County native whose six-year-old, Wilmington-based software firm, SevOne Inc., has helped Comcast, Credit Suisse, Lockheed Martin, smartphone-makers, and other giants view, fix, and manage world-circling computer systems.
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In Del., Biden's son takes on assault weapons
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PhillyDeals: While Vice President Biden has been wrestling with National Rifle Association lobbyists over new U.S. gun policies, his son, Delaware Attorney General Beau Biden, has joined with Gov. Jack Markell to propose banning sales or ownership of "military style" rifles.
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The continuing standoff for Social Security
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It happens every spring: The annual report of the Social Security trustees hits Washington, where it becomes a hammer that tax-boosters and benefit-cutters use to beat each other.
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Monitoring fraud among China-based, U.S.-listed firms
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Dan David, cofounder of Skippack-based GeoInvesting L.L.C., has been tracking China-based firms listed on the New York and Nasdaq stock markets - and exposing what he says are phony sales, sham transactions, and investor rip-offs.
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Morningstar is high on W. Chester-based fund
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PhillyDeals: Investment tracker Morningstar Inc. has named the nerdy team that picks small-cap stocks at $1.8 billion-asset TFS Market Neutral investment fund, as Morningstar's first "Alternatives Fund Manager of the Year."
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