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Philly.com
Inquirer Business Update
PBT: Philadelphia Business Today »
Video
Philadelphia Business Today 4/25
On "Philadelphia Business Today": coal is big business again in Pennsylvania, where some miners are working six-day weeks and earning $80,000 per year. Plus, more changes at Charming Shoppes, the owner of *** Bryant. »  View in larger player
Top Story
Wachovia could pay $144M over telemarketer links
Posted 11:44am
Federal banking regulators today ordered Wachovia Bank to make restitution - up to an estimated $125 million - for its dealings with companies linked to fraudulent telemarketers.
BUSINESS BLOGS
CHOP turns vaccines royalties into riches
Now this is how the knowledge-based economy is supposed to work.

Children’s Hospital of Philadelphia Thursday raised $182 million from the sale of its interest in royalties from a vaccine made by Merck & Co. Inc.

Royalty Pharma, of New York, bought the royalty interests to RotaTeq from the pediatric hospital that everyone calls “CHOP.”

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HIG fights Versa bid for Shapes/Arch
Posted 04/24/2008
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»  More Blog Entries
LATEST NEWS »
 
Charming Shoppes looks to explore catalog moves - 10:59am
 
Daleco seeks approval for N.M. mine - 11:49am
 
Phila. bank posts loss tied to housing woes - 12:04pm
 
WSFS raises dividend 20% - 10:59am
 
Immunicon will be delisted by Nasdaq - 10:14am
 
Wyeth drug for the dying gets FDA approval - 10:02am
 
Stocks decline on consumer survey, earnings and inflation 11:35am
XML COMPANY PRESS RELEASES
 
The Franklin Institute Receives Record $4 Million Gift from Biopharmaceutical Leader, Cephalon
 
NutriSystem, Inc. to Present at Lehman Brothers Retail and Restaurant Conference on Tuesday, April 29, 2008
 
GlucoLight Awarded Patent for Tissue Oximetry Measurement Technology
 
Football Fans Nationwide Score with NFL Network and IP-PRIME
 
Technitrol Declares Shareholder Dividend
»  More business press releases from Business Wire
Today's Inquirer
Damages reach $35 million in '01 Bridgeport fire
The Bridgeport business blaze led to a class-action suit. The last of 16 defendants agreed to settle for $1 million.
By Derrick Nunnally, Inquirer Staff Writer
A protracted court fight over the massive 2001 fire in Bridgeport ended this week with a $1 million agreement, setting total damages at $35 million.
Universal Health posts strong earnings
By Stacey Burling, Inquirer Staff Writer
Universal Health Services Inc., the King of Prussia hospital company, said yesterday that its year is off to a good start and that it is now expecting a better finish as well.
MORE FROM TODAY'S INQUIRER
 
SEPTA names customer advocate
By Paul Nussbaum , Inquirer Staff Writer
 
China strains U.S. safety net
By Stacey Burling and Linda Loyd , Inquirer Staff Writers
 
Celebrating a return to a productive life
By Andrew Maykuth , Inquirer Staff Writer
 
Fuel costs land US Airways a first-quarter loss
By Linda Loyd , Inquirer Staff Writer
 
New-home sales at 161/2-year low
By Martin Crutsinger , Associated Press
 
Surprise profit can't erase gloom
By Tom Krisher , Associated Press
 
Gas prices climb; crude falls
By John Wilen , Associated Press
 
Early Easter took bite out of Hershey
By Marc Levy , Associated Press
 
Business news in brief
 
Microsoft posts loss for fiscal quarter
By Jessica Mintz , Associated Press
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