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Philly.com
Inquirer Business Update
Philadelphia Business Today
Video
Philadelphia Business Today, 8/27/2008
Top Story
Malvern's Ikon being purchased by Ricoh
Posted 9:57am
MALVERN, Pa. - Ikon Office Solutions, which sells and leases copiers, printers and other office machines, has agreed to be purchased by one of its suppliers, Ricoh Co. of Japan, for $1.62 billion.
 
Blog: Activist Steel pushed Ikon's sale to Ricoh: analyst
BUSINESS BLOGS
Mike Armstrong: Unisys and Philly both lose
Unisys Corp. is a clear loser coming out of the summerlong fight to put a sign on Two Liberty Place.

The Blue Bell computer company has put itself into a ridiculous jam: Will it really drop plans to move its corporate headquarters over a sign?

More Blog Entries »
Unisys could sublet: analyst
Posted 1:00pm
But is it really worth the hassle for the Blue Bell computer services company to cancel its Philadelphia move to Two Liberty Place, just because zoning officers won't let it put a sign on the building?
More Blog Entries »
LATEST NEWS
 
Charming Shoppes posts 2Q loss, sales slip
 
Phila.-area gas prices down 1 cent - 12:20pm
 
Stocks extend gains following durable goods report 11:47am
XML COMPANY PRESS RELEASES
 
Asgard Publishes "Green" Calendars Featuring Vintage Super Heroes, College Football and MAD Magazine Covers
 
Delaware County High School Students on the "Fast Track" for Science, Technology, Engineering and Math (STEM) Training Education
 
Guard Against Losing Good Employees When Times Are Tough
 
NRG Energy, Inc. Declares Preferred Stock Dividends
 
UNITE HERE Local 54 Secures Signatures for Public Vote on Revel Entertainment Casino Bond Financing
More business press releases from Business Wire »
Today's Inquirer
New-home sales up 2.4% in U.S., still lag '07
The Northeast fared the best.
By Alan J. Heavens, Inquirer Real Estate Writer
New-home sales in July increased 2.4 percent nationally over June, yet remained 35.3 percent below July 2007 levels, the Commerce Department reported yesterday.
 
Signs of cautious optimism
 
Wachovia cutting home-equity credit lines
Signs of cautious optimism
Consumer confidence rose in August by the most in two years, buoyed by a break in gas prices.
By Anne D'Innocenzio, Associated Press
NEW YORK - With gasoline prices finally coming down a bit, Americans' confidence in the economy improved in August by the most in two years, according to a report yesterday. Two announcements suggested that a bottom could be nearing for the housing market, though economists cautioned it was too early to proclaim that the worst was over.
 
New-home sales up 2.4% in U.S., still lag '07
 
Wachovia cutting home-equity credit lines
MORE FROM TODAY'S INQUIRER
 
Unisys reconsiders move, jobs
By Jane M. Von Bergen , Inquirer Staff Writer
 
Wachovia cutting home-equity credit lines
By Harold Brubaker , Inquirer Staff Writer
 
Next U.S. census could show more poverty in Phila. area
By Alfred Lubrano, John Duchneskie and Matt Katz , Inquirer Staff Writers
 
Newspaper union postpones $25 raise
By Harold Brubaker , Inquirer Staff Writer
 
Business news in brief
 
PhillyDeals: Half stake in King of Prussia mall for sale
By Joseph N. DiStefano , Inquirer Staff Writer
 
AT&T wants review of wireless-spectrum merger
By Bob Fernandez , Inquirer Staff Writer
 
Fed officials kept rate in check, but for how long?
By Jeannine Aversa , Associated Press
 
As ill winds blow, stocks hold steady
By Joe Bel Bruno , Associated Press
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