'Bridgestone Corp. CEO Masaaki Tsuya did something rare in Japanese business circles: He put corporate pride aside, and walked away from an escalating bidding war with corporate raider Carl Icahn for the U.S. auto parts chain Pep Boys," Bloomberg's Jie Ma and Yuki Hagiwara reported.
Frontida BioPharm Inc., an Exton-based affiliate of China-based Tigermed's Frontage Laboratories Inc., says it has agreed to buy the former Mutual Pharmaceuticals drug-production plants in Northeast Philadelphia's Juniata and Burholme neighborhoods from their India-based owner, Sun Pharmaceuticals.
It's natural that City Council members would like more of the $5 billion municipal employees' retirement nest egg invested near home.
If the Federal Reserve raises interest rates later this year as expected, Philadelphia says its finances are braced for the fiscal fallout.
Clanking, flashing coin-counting machines, pioneered locally by Vernon Hill's old Commerce Bank when it worked to make money fun, have lately vanished from Commerce successor TD Bank and rival PNC Bank, the biggest lenders in New Jersey and Pennsylvania, respectively.
Don't you wish someone would do this for you?
California Assemblyman Mike Gatto, a Los Angeles Democrat who is backed by labor unions, says he sympathizes with the little guy fighting unfair systems.