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Philly.com
Inquirer Business Update
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Philadelphia Business Today, 5/5
Raj Gupta out at Rohm & Haas? We have the full report, plus Discovery Labs responds to the FDA, and K-Tron stock continues to soar. »  View in larger player
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Posted 12:31pm
Rohm & Haas Co. chief executive Raj Gupta said today that the world is adjusting to $120-a-barrel crude oil and that the company is part of that process.
BUSINESS BLOGS
Morgan Properties, a King of Prussia-based real estate firm, was understandably excited last week to be named one of the biggest owners of apartments in the United States.

Started in 1985 by Mitchell L. Morgan, the company has grown very quickly in recent years. As of Jan. 1, it owned and managed 132 apartment complexes with 31,670 units in 10 states. That’s a lot of rent money.

But in terms of number of units, that’s only good enough for 30th place on the annual top 50 apartment owners.

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Today's Inquirer
In more than 25 years of writing about the airline industry, one of the most prescient forecasts we ever heard was also one of the first, made in the early 1980s at a Washington seminar for reporters trying to learn about the business. The speaker was L. Welch Pogue, a Washington lawyer who for many years was chairman of the Civil Aeronautics Board. That's the federal agency that ruled on airline routes and fares until Congress and the Carter administration began deregulating them in 1978.
Philadelphia's acting aviation director, Charles J. Isdell, said the impact on passengers here would be "minimal" if US Airways and United Airlines merged.
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