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BUSINESS
January 6, 1992 | By William H. Sokolic, Special to The Inquirer
Move over, Sierra Club and Elvis fans. Caesars World Inc. has joined your ranks as a credit-card sponsor, the first casino company in the nation to put its name on a major piece of plastic. Since the inception of the Caesars program in Atlantic City a year and a half ago, the resort chain has enrolled more than 20,000 MasterCard holders. Credit-card users receive cash rebates and discounts to restaurants, shows and shops in the chain. Caesars World became part of a growing number of credit-card sponsors that appeal to groups of consumers with common interests.
SPORTS
February 1, 2008 | By Ashley Fox INQUIRER STAFF WRITER
The bill usually belongs to Tom Brady, because he is the quarterback and, after all, it is his responsibility. Linemen have to eat. Quarterbacks have to pay. But when the crowd swelled at a Scottsdale restaurant Tuesday night, with defensive players joining in on the offense's dinner, a good old-fashioned game of credit- card roulette determined who would pick up the tab. For offensive tackle Nick Kaczur, guard Stephen Neal and defensive lineman...
NEWS
December 31, 1986 | By Rose Simmons, Inquirer Staff Writer
If the Charles Dickens tale A Christmas Carol were updated to fit these times, Scrooge probably wouldn't bother gathering his hoard of cash to buy last-minute gifts for Tiny Tim and the others. He'd simply pull out a credit card and worry about the bill later. At least, that's how thousands of people in Scrooge's income bracket pay for their holiday purchases each year. And when it is finally time to pay the bill about 30 days or so later, bankers in South Jersey say, the credit-card customers rarely complain that they are being charged more than twice the prime interest rate on their purchases.
BUSINESS
May 1, 2008 | By Harold Brubaker INQUIRER STAFF WRITER
Advanta Corp. yesterday reported a steep decline in profit from its small-business credit cards in the first quarter, as the slumping economy caused more borrowers to fall behind in their payments. Even so, the Spring House company's class B shares jumped 16.45 percent, or $1.24, to $8.78 in Nasdaq trading yesterday because the earnings were better than expected. Advanta said its credit card operation earned $6.67 million in the first quarter, off sharply from $21.17 million in the same period a year earlier.
BUSINESS
May 22, 2001 | By Joseph N. DiStefano INQUIRER STAFF WRITER
Also in this column: First Union cuts jobs PhilEx reduces fees MBNA chief recovering Do gamblers borrow more? Casino operator Harrah's Entertainment Inc. has tapped MBNA America Bank of Wilmington to sell cards to 23 million gamblers who have registered at the company's casinos, restaurants and hotels from Atlantic City to Las Vegas, according to Harrah's spokesman Gary Thompson. Heavy users win discounts at Harrah's, Rio and Showboat casinos and casino-hotels.
NEWS
July 18, 1991 | By Christine Bahls, Special to The Inquirer
One adult and three juveniles have been charged with using a stolen Discover card to steal $1,500 worth of merchandise, Newtown Township police said. The credit card, stolen June 27 from a home in the 500 block of Atwood Court, was used from June 28 to July 3 for purchases at 14 shops in the Oxford Valley and Neshaminy Malls and the I. Goldberg outdoor clothing store in Philadelphia, investigating police Sgt. Charles Patton said. Quincy J. Connor, 18, of the Americana Terrace apartments in Morrisville, has been charged with criminal attempt and six counts each of conspiracy, theft by unlawful taking, theft of property lost, receiving stolen property and forgery.
NEWS
May 2, 1991 | By Robert J. Terry, Inquirer Staff Writer
Police believe that the man who gunned down Assistant Burlington County Prosecutor Rick Barbour went shopping in Center City 12 hours after the shooting and tried to use one of Barbour's credit cards to pay for his purchase. Philadelphia homicide detectives said yesterday that the suspect was with two other men when he tried to make a purchase using Barbour's Discover card. In addition, the man showed a New Jersey ID card as a backup, with Barbour's name but his own photo pasted on. Police declined to release the name of the store.
NEWS
June 4, 1994 | By LAURENCE S. SEIDMAN
The Clintons have their hearts in the right place concerning health care: They want universal coverage, an end to the barrier of "a pre-existing medical condition," and a guarantee that a person's coverage "can never be taken away" by losing a job or becoming ill. Their determination is in sharp contrast to the complacency of the occupants of the White House during the preceding dozen years. But their heads have let down their hearts. They have succumbed to political advice warning them not to propose replacing private health insurance with government health insurance.
BUSINESS
December 2, 1997 | By Joseph N. DiStefano, INQUIRER STAFF WRITER
Having agreed to buy Advanta Corp.'s vast but troubled credit-card business, Fleet Financial Group yesterday put one of the industry's most powerful executives in charge. Joseph W. Saunders, Household International credit-card chief, was named chairman and chief executive of Fleet's credit-card unit. The move was disclosed by Household and confirmed by Fleet yesterday, surprising senior Advanta officials who hadn't been told of the move. Saunders, 52, who is also chairman of MasterCard International's Global Board of Directors, will fill the vacuum left by the abrupt departure of Advanta chief executive Alex W. Hart and credit-card chief James Allhusen.
NEWS
June 9, 1994 | By Richard V. Sabatini, INQUIRER STAFF WRITER
Police arrested an unemployed Bristol Township woman Friday after an attempt was made to purchase a $3,600 motorcycle with a fraudulently obtained credit card, and said the woman was wanted for defrauding a credit card company of more than $40,000 in the last six weeks. Dawn Alvarez, 24, of Ford Road, was arrested at 1 p.m. Friday at the East Coast Kawasaki, 208 Levittown Parkway, after police were summoned by the store staff. They were alerted by AT&T MasterCard security personnel, who said the woman had been sought for credit card fraud since April 25. Tullytown Officer Robert Gunderman said police seized nine fraudulently obtained credit cards and $2,000 in cash thought to have been obtained by cash advances drawn against the fraudulent cards.
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BUSINESS
April 18, 2016 | By Joseph N. DiStefano, Staff Writer
If you need cash in a hurry, you can easily find lenders - online, or at offices in many Southern and Western states - who are happy to give you $500 today, and collect it back, with hundreds of dollars in interest, from your next several paychecks. That kind of payday lending is illegal in Pennsylvania and more than a dozen other states. Pennsylvania law effectively limits interest on loans under $25,000 to 24 percent a year. But that hasn't stopped a group of canny investors and their lawyers from finding ways to make high-interest loans that they say don't violate state laws.
NEWS
March 17, 2016 | By Dana DiFilippo, Staff Writer
Lax oversight by the city and negligence by the head of taxpayer-supported Visit Philadelphia enabled the nonprofit tourism agency's chief financial officer to embezzle $200,000 over nearly seven years, according to an investigative grand jury report released Wednesday. Joyce Levitt, 61, who worked for Visit Philadelphia from 2003 through 2012, including seven years as CFO, turned herself in Wednesday to face charges of theft, forgery, and fraud, Philadelphia District Attorney Seth Williams said.
NEWS
March 16, 2016
These pearls of wisdom from longtime Daily News personal-finance columnist Harry Gross appeared in the newspaper on Nov. 15, 2015, on the occasion of his retirement.   LET ME leave you with a number of tidbits of wisdom I have picked up over these many years. Many are original; many are not. They have guided me in numerous ways. * The only way to stay ahead financially is to live beneath your means. * If it sounds too good to be true, it is too good to be true.
NEWS
February 25, 2016
After a long illness, Harry Jay Katz died peacefully early Tuesday. He was 75. This is a remembrance. He was generous to a fault, sometimes to the wrong people, capable of the grand gesture and the petty feud. Harry Jay Katz stood above the crowd, sometimes to look down on them, sometimes to lend a helping hand, usually in the form of cash. He was dashing, durable, and diplomatic, and for a half-century he lived in the limelight and spun stories like a spider. In the old days, they would have called him a raconteur.
TRAVEL
January 18, 2016
Cellphone wallet cases let you carry some credit cards or IDs in integrated slots, while, ideally, providing impact protection for the phone. But what if you love those super-tough cases you've come to trust - few of which include storage space? Just stick on a Sinjimoru Sinji Pouch, and you're good to go. Slightly larger than a credit card, the kangarooesque pouch is made of a bounce-back elastic fabric attached to a hard sueded backing that sticks to the back of your phone case (or the phone itself)
BUSINESS
December 30, 2015
When will SEPTA Key be available?   According to the transit agency, the card will be available as a replacement for weekly and monthly passes by the end of March, but will not have full functionality until the end of the summer. What will it do?   It will pay for rides on the subway, buses, and trolleys. It will take the place of every fare type on the city's transit system, except Regional Rail. It can be used as a single-ride card and can be replenished at kiosks and online, or, with some personalized versions of the card, can be linked directly to a bank account and draw from that automatically.
NEWS
December 24, 2015
TO INSPIRE YOU to kick off a new financial you for 2016, I want to share two online exchanges I had recently. First, there was a testimony: "In 2009, knowing we were [getting married] the following year, I told my fiance that we had to leave the wedding day with no debt, and I told him about your idea of various 'pots' of money," a reader wrote. "So we started the 'First of the Month Club,' in which we each put $100 in an envelope every month. At first he thought it was silly, but boy did he stop laughing when, on our wedding day, 12 months later, we had $2,400 in cash that was used for tips and other last-minute purchases, and we left our wedding reception with zero debt.
NEWS
December 24, 2015
SANTA MAYOR NUTTER on Tuesday, without a hearty ho-ho-ho, gave an early Christmas present to law-abiding Philadelphians, who must have been nice this year. Unhappily, the gift seemed like a lump of coal to those dedicated to protecting illegal immigrants, including those foreigners who have been convicted of a crime. The mayor reversed his 2014 executive order that had curtailed cooperation with U.S. Immigration and Customs Enforcement, a federal agency under the Department of Homeland Security.
NEWS
October 30, 2015 | BY VALERIE RUSS, Daily News Staff Writer russv@phillynews.com, 215-854-5987
THE FIRST DEFENSE witness Chaka Fattah Jr. called to the stand yesterday in his federal trial on bank and wire fraud was former Gov. Ed Rendell. Rendell was on the stand for fewer than 10 minutes. He said his campaign hired Fattah, the son of U.S. Rep. Chaka Fattah Sr., as a photography consultant starting in January 2002. "You were a hard worker who took excellent photographs," Rendell said. Fattah asked if Rendell was satisfied with his work, and Rendell replied: "Absolutely.
NEWS
September 2, 2015
LOU BALCHER had a feeling about it. A premonition, you might say. After he parked his 2004 Mazda 6 on 12th Street between Walnut and Locust, on Monday, Aug. 3, he attempted to pay at a kiosk, which didn't accept his credit card. He tried another credit card. No luck. He tried cash. Strike three. The Langhorne resident was running late for an 11 a.m. appointment, "but I saw this Parking Authority person a block away and asked her if she covered 12th Street. " He told her about the nonfunctioning kiosk and she told him she did cover 12th Street but was not the only parking-enforcement officer who did. "I can't guarantee you won't get a ticket," he says she told him. You know what's coming.
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