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Philly.com
Inquirer Business Update
Philadelphia Business Today
Top Story
Posted 12:34pm
NEW YORK - Drug developer Merck & Co. said today that it is considering challenging an appeals court's reinstatement of a dismissed shareholders' lawsuit over the former blockbuster painkiller Vioxx.
BUSINESS BLOGS
Home Health Corp. of America Inc., of King of Prussia, is going to have to change its name.

After more than 30 years of providing home health care, it just sold the last six agencies it had to Amedisys Inc., of Baton Rouge, La.

Amedisys announced the purchase on Monday but did not disclose the terms.

Posted 09/08/2008
The US Government's takeover of money-losing home-loan buyers Fannie Mae and Freddie Mac juiced the stock market this morning, but it's an expensive and temporary solution that'll need a permanent fix under the new President, Bloomberg News reports.
Today's Inquirer
Many suppliers won't offer the option to customers this year because of the volatility in energy prices.
This is the time of year for crystal balls, as both homeowners and heating-oil companies strategize about which way oil prices will go.
Interest rates will continue to fall, but you may not be able to get a mortgage without impeccable credit. That's one of the consequences of the "nationalization" of the mortgage market, which will cost U.S. taxpayers $200 billion.
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