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Philly.com
Inquirer Business Update
PBT: Philadelphia Business Today »
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Philadelphia Business Today 4/29
What would a merger of US Airways and United Airlines mean for Philadelphia travelers? Get the answer, plus the latest on Merck's latest problems with the FDA, on "Philadelphia Business Today." »  View in larger player
Top Story
Phila. region foreclosures lower than U.S. rate
Posted 12:16pm
The region's first-quarter foreclosure rate fell almost 30 percent from the same period a year ago, bucking a national trend that saw filings rise to 1 in every 194 U.S. households.
 
Home price index sinks at record clip in February
 
GMAC 1Q loss widens on declining auto finance income
BUSINESS BLOGS
Blog confirms 1,200 job cuts at Wyeth
Wyeth is cutting 1,200 employees, according to the blog Pharmalot.

Workers were notified last Friday, and the Newark Star-Ledger's blog says the cuts were made among employees "in all capacities."

From that, it sounds like the Collegeville complex took its lumps.

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»  More Blog Entries
TimeWarner owners want cable sale; Comcast a buyer?
Posted 12:09pm
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»  More Blog Entries
LATEST NEWS »
 
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Solar plant to go up at Phila. Navy Yard
 
Kensey Nash earnings up 65%
 
Vishay takes a hit from weak dollar
 
Teleflex says revenue up, profits down
 
Stocks fall as investors wary of consumer data, Fed decision 12:34pm
XML COMPANY PRESS RELEASES
 
Anapol Schwartz Files Donor Family Class Action Complaint in Philadelphia Court of Common Pleas
 
Redpoint Bio Corporation Receives U.S. Patent for Method of Identifying Activators of Key Ion Channel Involved in Taste Signaling
 
Susquehanna Commercial Finance, Inc. Selected As Preferred Finance Company for Wilcom America
 
Triumph Group Declares Quarterly Dividend
 
Rohm and Haas to Impose Indexed Raw Material and Energy Surcharge for Specialty Materials Products
»  More business press releases from Business Wire
Today's Inquirer
Phila. region foreclosures lower than U.S. rate
By Alan J. Heavens, INQUIRER REAL ESTATE WRITER
The region's first-quarter foreclosure rate fell almost 30 percent from the same period a year ago, bucking a national trend that saw filings rise to 1 in every 194 U.S. households.
 
Home price index sinks at record clip in February
 
GMAC 1Q loss widens on declining auto finance income
US Airways-United link: Survival or doomed wedlock?
By Tom Belden, Inquirer Staff Writer
Industry experts yesterday viewed a possible US Airways-United Airlines merger as either the carriers' best chance for survival, or as a potentially doomed marriage of dysfunctional partners.
MORE FROM TODAY'S INQUIRER
 
Fed faces difficult decision
By Kevin G. Hall , McClatchy Newspapers
 
Former Bucks payment processor tied to Wachovia flap
By Harold Brubaker , Inquirer Staff Writer
 
Philadelphia Fed chief is hawkish on inflation
By Bob Fernandez , Inquirer Staff Writer
 
Mars, Buffett will buy Wrigley in a candy coup
 
Business news in brief
 
Inquirer, Daily News circulation slips
 
Campbell will sell its unit in Australia
By Lauren Coleman-Lochner , Bloomberg News
 
Tax-rebate use likely to be for necessities
By Anne D'Innocenzio , Associated Press
 
Stocks change little as Fed's rate decision looms
By Joe Bel Bruno , Associated Press
 
Investor buying into Ford turnaround
By Tom Krisher , Associated Press
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