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Philly.com
Inquirer Business Update
PBT: Philadelphia Business Today »
Video
Philadelphia Business Today 4/30
Higher prices for Krimpets, Kandy Kakes and pies? You bet -- food prices are up and the company that makes Tasty Kakes is feeling the pain. The full story is on "Philadelphia Business Today." »  View in larger player
Top Story
FDA warns Merck over problems at Pa. plant
Posted 12:02pm
The Food and Drug Administration today issued a warning letter to Merck & Co. Inc. for failing to meet good manufacturing practices at its West Plant, Pa. vaccine plant and fix problems, such as overpressurized vaccine vials, cited in a recent FDA inspection of the facility.
 
FDA letter to Merck (.pdf)
 
FDA inspection report
BUSINESS BLOGS
Another hit to Charming Shoppes' 'campaign'
As the presidential election campaign shows, fiery rhetoric and endorsements get a lot of attention.

Corporations have elections for the board of directors every year, but no one stumps for a board seat except when there’s competition. And that only happens when you have a good old fashioned proxy fight.

Charming Shoppes Inc. is in the thick of one right now, and Tuesday it got more interesting.

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»  More Blog Entries
Werther buys Sorbee sweets
Posted 10:09am
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»  More Blog Entries
LATEST NEWS »
 
Jones Apparel 1Q profit down 59% - 1:23pm
 
SAP’s 1Q results hurt by weak dollar - 12:06pm
 
Unisys reports $23.4M 1Q loss - 11:31am
 
CDI reports slip in 1Q earnings - 11:22am
 
Area energy company increases dividend - 1:08pm
 
Tasty takes 1Q hit from ingredient costs - 10:50am
 
Stocks rise ahead of Federal Reserve's rate decision 12:21pm
XML COMPANY PRESS RELEASES
 
Ballard Spahr Issues Pennsylvania Realty Transfer Tax Alert: the Department of Revenue Digs in Its Heels on Assignments of Contracts
 
Morgan Properties Makes Debut Appearance on Top Apartment Owner List
 
Hill International to Manage Expansion of Northern Quest Resort and Casino
 
Rohm and Haas to Webcast 90th Annual Meeting of Stockholders
 
PhotoMedex To Hold First Quarter 2008 Conference Call
»  More business press releases from Business Wire
Today's Inquirer
Philadelphia area's foreclosure rate drops 30%
By Alan J. Heavens, Inquirer Real Estate Writer
The Philadelphia region's first-quarter foreclosure rate fell almost 30 percent from the same period a year earlier, bucking a national trend that saw filings rise to one in every 194 U.S. households.
 
Philadelphia's home-price drop less than elsewhere
 
Consumer confidence erodes, portending weaker spending
 
Philadelphia area's foreclosure rate drops 30%
Philadelphia's home-price drop less than elsewhere
By Alan J. Heavens, Inquirer Real Estate Writer
The Philadelphia region's home prices continue to decline at a slower rate than the 20 metropolitan areas tracked by the Standard & Poor's Case-Shiller Index, economists said yesterday.
MORE FROM TODAY'S INQUIRER
 
Consumer confidence erodes, portending weaker spending
By Anne D'Innocenzio , Associated Press
 
Teens compete for jobs with adults
By Kristen A. Graham , Inquirer Staff Writer
 
Solar plant to go up at Philadelphia Navy Yard
By Tony Gnoffo , Inquirer Staff Writer
 
Business news in brief
 
For New Jersey small firms, health costs soar
By Jane M. Von Bergen , Inquirer Staff Writer
 
Heparin deaths in spotlight
By Randolph E. Schmid , Associated Press
 
Wyeth plans to slash 1,200 more positions
By Tom Randall , Bloomberg News
 
First-quarter earnings surge at BP, Shell
By Jane Wardell , Associated Press
 
Stocks are mixed as Fed action is awaited
By Joe Bel Bruno , Associated Press
 
Generic heart drug Digitek recalled by Icelandic maker
By Catherine Larkin , Bloomberg News
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