Saturday, September 5, 2015

Joseph N. DiStefano

Email JoeD@phillynews.com   Follow on Twitter

Joseph N. DiStefano writes business stories for the Inquirer, including the PhillyDeals column on Sundays, Mondays and often on other days too, as well as the blog at www.philly.com/phillydeals.

 
Not that many years ago, Amazon.com was a low-wage warehouse network and online-shopping operator that, like the Japanese carmakers of the 1970s and '80s, seemed more interested in boosting market share than turning a profit.
Why don't they just hire Vanguard? The Pennsylvania State Employees' Retirement System thought some explaining was in order. PSERS needed $1.4 billion from state and local property taxpayers last year, and it expects to need $2.7 billion next year, it told legislators in February in its yearly report.
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