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Philly.com
Inquirer Business Update
Philadelphia Business Today
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Philadelphia Business Today, 8/29/2008
Top Story
Dollar Financial closing 70 stores
Posted 1:29pm
The Berwyn payday lender and check casher Dollar Financial said that it will be closing 53 U.S. stores and 17 Canadian stores.
BUSINESS BLOGS
Espe, other top Ikon Office execs to get big retention bonuses
When Ricoh Co. Ltd. agreed to buy Ikon Office Solutions Inc. for $1.6 billion earlier this week, one thing that was clear was that Ikon management was going to stay on to run the big office equipment distribution business based in Malvern.

They have a million reasons to do so.

Under executive retention agreements, CEO Matthew J. Espe and five other senior executives would receive some hefty payments if they stay a full two years following the sealing of the deal.

More Blog Entries »
Dollar Fi: Service-jobs slump
Posted 12:26pm
Dollar Financial, Daylesford-based operator of high-fee loan offices in Canada, US and UK, braces for a slower service economy by shutting stores, cutting loan limits, and lobbying harder for favorable laws.
More Blog Entries »
LATEST NEWS
 
Public comment on Blues merger ends Sept. 30 - 1:11pm
 
Phila.-area unemployment up; less than U.S. rate - 12:42pm
 
Andrews, Sestak say GAO flight-pattern report - 12:39pm
 
Hill lands contract in Trinidad - 11:54am
 
Phila. area’s gas prices hold steady - 11:27am
 
Calif. firm rejects sale to Vishay
 
Peco to boost curb appeal with rooftop garden
 
July incomes drop by largest amount in 3 years
 
Putin: Poultry ban not tied to Georgia
 
Stocks fall after personal income data; oil rises 12:06pm
XML COMPANY PRESS RELEASES
 
John H. Donaldson Joins Haverford Trust as Vice President and Fixed Income Portfolio Manager
 
Campbell Soup Company Announces the Webcast of Its Year-End Results
 
Hill International Receives Contract to Manage Mixed-Use Development in Trinidad
 
Willow Financial Bancorp, Inc. Announces Quarterly Dividend
 
Pep Boys' Second Quarter Results Conference Call to Be Broadcast on Investorcalendar.com
More business press releases from Business Wire »
Today's Inquirer
Comcast sees a customer windfall in digital TV
By Bob Fernandez, Inquirer Staff Writer
Comcast Corp. sees a new-customer boom on the horizon, thanks to the government-ordered transition to digital TV. The nation's largest cable provider says two million households that get free television in its cable-franchise areas may be forced to enroll with Comcast or another pay-TV company when the digital transition occurs.
GlaxoSmithKline drug ad sparks a debate
By Miriam Hill, Inquirer Staff Writer
Advertisements appearing this week that attack GlaxoSmithKline P.L.C. don't beat around the bush: "DON'T BE FOOLED: GlaxoSmithKline's scare tactics are only concerned with protecting its profit, not the health of people with HIV/AIDS," the ads read.
MORE FROM TODAY'S INQUIRER
 
LCB to spiff up all state stores
By Angela Couloumbis , Inquirer Harrisburg Bureau
 
Comcast sets Internet use limits
By Bob Fernandez , Inquirer Staff Writer
 
Business news in brief
 
PhillyDeals: A push for accounting with a foreign flavor
By Joseph N. DiStefano , Inquirer Staff Writer
 
Hopeful economy bumps up stocks
By Tim Paradis , Associated Press
 
U.S. GDP rate rebounds to 3.3%
By Jeannine Aversa , Associated Press
 
Ford faces obstacles retrofitting small cars
By Dee-Ann Durbin , Associated Press
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