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BUSINESS
July 29, 1988 | Daily News Wire Services
Merrill Lynch said yesterday that it fired a Connecticut stockbroker as part of a probe into whether its employees used advance knowledge of Business Week's articles to trade stocks, and sources said that the brokerage also was investigating a second employee in its New London branch. Merrill Lynch said it had fired William Dillon, who joined the company in October 1986. Dow Jones News Service quoted sources as identifying the second employee as James Smith, a vice president at the New London office.
BUSINESS
October 14, 1994 | By Jeff Brown, INQUIRER STAFF WRITER
Administrators, professors and graduates of the University of Pennsylvania's Wharton School have long liked to think of themselves as the creme de la creme. Now they have it in black and white. Business Week yesterday named Wharton the country's top business school, moving it up from fourth place in the last poll two years ago and putting it ahead of business graduate schools at Northwestern, Chicago and Harvard. Late yesterday, word swept the school and celebrations started to break out, Wharton dean Thomas P. Gerrity said shortly after the poll results were released.
BUSINESS
August 5, 1988 | Special to the Daily News
A tall, muscular, press operator in his mid-30s is at the center of one of the most far-reaching insider trading scandals uncovered to date. This scheme - based on a Wall Street column printed in Business Week magazine - extends from a printing plant in the tiny beach town of Old Saybrook, Conn., to the posh brokerage offices of Prudential-Bache in Anaheim, Calif. The scam began with the exchange of a purloined, advance copy of Business Week some two years ago and has grown to encompass brokers at 24 firms, and accounts for profits of more than $2.4 million.
BUSINESS
April 9, 1987 | By MARC MELTZER, Daily News Staff Writer
Quick on the heels of the vaunted Fortune 500 list of the biggest U.S. manufacturing companies comes two other lists, both of which contend they do a better job of measuring bigness than Fortune magazine. For the 19th consecutive year, Forbes Magazine next Monday will publish its list of the 500 biggest companies in market value. And for the second year in a row, Business Week, on April 17, will publish its list of the 1,000 biggest companies in market value, which is a company's per-share stock market price times the number of shares outstanding.
NEWS
June 27, 2010
Chris Welles, 72, an award-winning business reporter and former director of a fellowship program at Columbia University for business writers, died June 19 of Alzheimer's disease at a nursing home in Salisbury, Conn. He had lived in Brooklyn, N.Y. Calling him "probably the premier business writer" from the 1960s to the early 1980s, Steven Shepard, a former editor of Business Week, said Mr. Welles was known for his penetrating accounts of "shenanigans, abuses, and downfalls" in the business community.
BUSINESS
July 28, 1988 | Daily News Wire Services
Merrill Lynch is investigating whether stockbrokers in its New London, Conn., office may have traded on advance knowledge of articles in Business Week magazine, the Wall Street Journal reported today. Lawyers for the firm have found trading records suggesting that two Merrill brokers may have traded on tips about articles to be published in Business Week's "Inside Wall Street" column, the paper said, quoting people familiar with the investigation. Merrill officials suspect that the two brokers may have traded on information supplied by workers at an R.R. Donnelley & Sons printing plant in nearby Old Saybrook, Conn.
NEWS
January 4, 1991 | BY CHUCK STONE
"Tis the season to compile lists - shopping lists, New Year's resolutions lists and media lists - which are the strangest cornucopia of lists imaginable. In order of cerebral importance, current lists include: Soap Opera Digest's "best and worst soaps" of 1990, the National Enquirer's report of 10 leading psychics' predictions for 1991, Time magazine's 18-page "best of 1990," People magazine's 25 most intriguing people of 1990 and AP's list of the 20 biggest news stories in 1990.
BUSINESS
April 25, 1986 | By Diana Henriques, Inquirer Staff Writer
Three Philadelphia-area men were included yesterday in Business Week's honor roll of the 10 of the nation's corporate chief executives who gave their shareholders the most for their money in 1985. The national business magazine and Sibson & Co., the Princeton-based compensation consultants, released the list as part of the magazine's annual issue on the salaries of corporate executives. Based on a complex Sibson formula that calculates the return to shareholders for each dollar in executive pay, the second-most effective CEO in the country last year was Joseph L. Jones of Armstrong World Industries in Lancaster, Pa. Jones was only four index points behind the first-ranked CEO in the Business Week performance list, Floyd D. Gottwald Jr. of the Ethyl Corp.
BUSINESS
September 19, 1998 | By Jeff Gelles, INQUIRER STAFF WRITER
Shares of a small Philadelphia biotechnology company fell sharply yesterday as the company alleged that market manipulators were trying to undermine its stock by deriding a drug it is testing to treat chronic fatigue syndrome. In a statement, Hemispherx BioPharma said "illegal shorting" of the stock - in which option traders, in effect, place bets that a company's share price will fall and benefit when it does - "was orchestrated in conjunction with a purposefully erroneous and misleading report" published Thursday in the Sept.
BUSINESS
July 19, 1997 | By Nathan Gorenstein, INQUIRER STAFF WRITER
Datapro Information Services, a Delran firm with 320 employees that tracks developments in the computer industry, has been sold to a Connecticut company, the Gartner Group. Datapro's owner, McGraw-Hill Cos. Inc., said the firm is being sold for an undisclosed sum because it no longer fits into the publishing giant's "strategic" plans. "We have about 100 products and brands . . . and we are always looking at [revising] our portfolio of businesses," said Neil Allen, a McGraw-Hill spokesman.
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NEWS
January 12, 2016
PHILADELPHIA
SPORTS
March 16, 2015 | By Zach Berman, Inquirer Staff Writer
During a six-day span last week, the Eagles added eight new contracts and about $40 million of salary against their 2015 cap. On the seventh day, the Eagles rested. Friday offered the first quiet 24 hours of the free-agency period. That doesn't even include moves from the previous weeks, such as releasing expensive veterans Todd Herremans, Trent Cole, and Cary Williams. Add in the trades of Nick Foles and LeSean McCoy, and the departures of Jeremy Maclin and Nate Allen, among other changes, and the Eagles are replacing eight opening-day starters.
NEWS
June 27, 2013
EVERY YEAR, the Supremes save their greatest hits for the final act, and the final days of its 2012-13 calendar were no exception. Here's a look at the week that was: * MONDAY: The high court started its drive with a punt - on the contentious issue of affirmative action in college admissions. In a 7-1 verdict, the court sent a lawsuit by a white woman against the University of Texas back to the lower courts. A majority opinion said that a diverse student body is a worthwhile goal but that universities will need to better justify the formulas they use to get there.
NEWS
June 2, 2013 | By Howard Gensler
IT'S TATTLE'S WEEK in Review with some items we missed or forgot about: Friday The 11,000 cougar-ish respondents of a CougarLife.com survey decided that they wanted to sink their teeth into Cole Hamels , the second most wanted baseball player behind the Mets' David Wright . Thursday Band of brothers Hanson is celebrating its 21st year as a group with its own brand of beer, Mmmhops. Profits will go to the Red Cross's Oklahoma relief fund. Wednesday Justin Bieber 's run of bad behavior continued.
NEWS
May 26, 2013
The Philadelphia Orchestra's May 28-June 10 visit to China will include master classes with Chinese students; sectional coachings with local orchestras; performances at schools and hospitals; career lectures by orchestra administrators, managers, and musicians; and events commemmorating the 1973 China visit, as well as the following concerts: Friday, Hangzhou : Hangzhou Grand Theatre First performance by a U.S. orchestra in...
SPORTS
October 15, 2012 | By Megan Soisson, Inquirer Staff Writer
Conestoga's field hockey team had a grueling week, with four games in five days. But the Pioneers took it in stride, one day at a time and came out unscathed last week with wins over Archbishop Wood, Ridley, Garnet Valley, and West Chester Rustin. With such a physically and mentally demanding schedule, Conestoga coach Megan Ryan faced a difficult task. "We took each game day by day, just focusing on who we had on that given day, really focusing on who the opponent is," Ryan said.
NEWS
August 20, 2012 | By Charles Babington, Associated Press
WOLFEBORO, N.H. - President Obama and Republican challenger Mitt Romney spent a quiet Sunday attending church with their families, resting up for the campaign's final 11 weeks and the approaching party nominating conventions. While the Romneys enjoyed beautiful sunshine in New Hampshire, and the Obamas endured rain in Washington, both men sent top advisers to the Sunday talk shows. These surrogates sparred mainly over Medicare and taxes, just as the candidates themselves have done for days.
BUSINESS
May 22, 2012 | By Diane Mastrull, INQUIRER STAFF WRITER
Forty-nine years ago, President John F. Kennedy signed a proclamation establishing a week to commemorate the contributions of U.S. small businesses. Every president since then has continued the tradition, known as National Small Business Week. The 2012 recognition is this week, featuring a variety of events designed to trumpet and empower a group of business owners whose total size is hard to quantify. The federal government says small businesses total more than 27 million.
NEWS
December 11, 2011 | By Angela Couloumbis, Inquirer Harrisburg Bureau
NEW YORK - The Pennsylvania legislature may have only a week left before its winter break, but its members are nonetheless trying to cram in debate on a number of high-profile - and controversial - bills. School vouchers, redistricting, a Marcellus Shale impact fee, and voter ID are among the measures the two chambers will consider. "It's going to be a busy week," House Speaker Sam Smith (R., Jefferson) said Saturday. "Will we get it all done? I don't know. " Smith said that there were still attempts to work out a deal on a natural gas extraction fee - and that if no action is taken before Gov. Corbett's budget address in February, the measure was in danger of getting mired on the legislative sideline.
SPORTS
December 5, 2011 | DAILY NEWS STAFF REPORT
THE COUNTDOWN continues to the return of the NBA as the final steps are being put in place to end the lockout and start free agency and training camps this week. Here is a day-by-day breakdown of some of what you can expect:   Today *  NBA executives and coaches can start talking to players, including free agents, beginning at 10 a.m., ESPN.com reported. Teams also can give physicals to players, meaning free-agent visits will be allowed. However, no oral or written agreements can be reached with free agents, as has been the case since Wednesday.
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