Date:
Wed, September 10, 2008 02:08:47 PMFrom:
Philly.com: Inquirer Business Update
Subject:
Inquirer Business Update: Rendell, Nutter back Gallery casino
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Philadelphia Business Today
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Willow Financial Bancorp Inc.'s purchase by Harleysville National Corp. for $169.2 million was approved by shareholders, Harleysville said today.
BUSINESS BLOGS
I really don’t like government subsidizing any industry when the potential market would appear to be incentive enough.
But what’s the market incentive to slowing climate change? Survival? Thanks to a report by the Political Economy Research Institute of the University of Massachusetts-Amherst, we have one possible answer. Spend $100 billion over two years in six particular areas and the U.S. economy could create 2 million jobs.
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Quaker-accented Provident National Bank vanished 25 years ago when Pittsburgh National bought it to form PNC. But Provident's investment arm has grown, partly by acquisitions, to be a big player in the mutual and hedge fund service business, and a big local employer.
Today's Inquirer
Gov. Rendell urged lawmakers yesterday to spare Pennsylvania residents painful increases in electric bills expected as rate caps expire over the next couple of years.
The eight-county Philadelphia region outperformed the nation as the number of home-purchase agreements signed here in July rose 8.8 percent from June, according to figures out yesterday.
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