July 15, 2016 |
Shares of Teva Pharmaceutical Industries rose nearly 4 percent Wednesday after the drugmaker said its $40 billion deal to buy Allergan P.L.C.'s generics business is expected to close shortly. On a call with analysts, Teva chief executive officer Erez Vigodman said the acquisition - for $33.5 billion in cash and about 100 million of Teva's shares - should close "at any time now. " He said he knew of nothing that would hold up the purchase, which awaits final clearance from the U.S. Federal Trade Commission.
July 1, 2016 |
AT THE 2011 Masters, Australian Jason Day closed with two birdies to finish tied for second, two behind South Africa's Charl Schwartzel, who birdied the last four holes. And two months later he got another second at the U.S. Open, eight in back of runaway winner Rory McIlroy. The previous August, Day had tied for 10th at the PGA Championship in his second major. But that April in Augusta, most people still didn't really know who the then-23-year-old was or what he might have in him. Golf is littered with guys who do something and are mostly never heard from again.
June 30, 2016 |
Liana Roadcloud lives in a town where homeowners pay some of the region's highest property tax rates, where the schools struggle academically, and where the fiscal year that begins Friday will bring exactly what she doesn't want: another tax hike. The William Penn School District insists it has squeezed every nickel to keep the increase on her tax bill at just under 2 percent. For Roadcloud, that means a $58 bump next year, to $3,091 for a Lansdowne home valued around $70,000. "People don't mind paying for something if they're getting something in return," said Roadcloud, whose son is a sophomore at Penn Wood High School.
June 27, 2016 |
Big-name Republicans aren't exactly jostling each other for the chance to be Donald Trump's apprentice. Democrats are watching as Hillary Clinton goes on the road Monday in pivotal Ohio with Sen. Elizabeth Warren (D., Mass.), the progressive icon. It sure seems like a tryout. After a bruising primary fight with Bernie Sanders, Clinton does need help with her party's disappointed left and young voters, analysts point out. And Trump, after two bumpy months as presumptive GOP nominee in which he has wallowed in gaffes and failed to raise much money, could use political and policy heft in a running mate - somebody soothing to anxious party leaders and donors.
June 24, 2016 |
It was hard for me to watch the first episode of USA's Queen of the South and not think of what Donald Trump might say about Teresa Mendoza. Queen is adapted from Arturo Pérez-Reverte's novel La Reina Del Sur , whose 2011 telenovela version broke ratings records for Telemundo. Premiering Thursday, it's the story of Teresa (Alice Braga, I Am Legend ), and her rise from humble Mexican roots to riches on the U.S. side of the very border on which Trump has proposed to build a wall.
June 22, 2016 |
Asbury, N.J.-based builders J.G. Petrucci Co. plan to officially start work Wednesday on an eight-building, 151-unit apartment complex across the street from SEPTA's Warminster regional rail station. The development, to be called Jacksonville Station, is expected to open in Spring 2017, the company said in a release. J.G. Petrucci also built the nearby Station at Bucks County residential complex, a 257-unit project that opened in 2012. firstname.lastname@example.org 215-854-2615 @jacobadelman
June 22, 2016 |
A North Jersey property-investment company that specializes in Philadelphia real estate plans a townhouse development and an eight-unit residential building north of Third and Market Streets in Old City, according to documents filed with the Philadelphia Historic Commission. National Realty Investment Advisors LLC of Secaucus is applying to build the nine four-story townhouses behind the five-story multi-family building at the current site of a parking lot at 44 N. Third St., according to the documents.
June 17, 2016
ISSUE | DEVELOPMENT High-rise within law The Philadelphia Department of Licenses and Inspections is not considering allowing a developer, PMC Property Group, to back out of a "deal" to provide affordable housing in return for a zoning "favor" from the city that added five stories to the apartment building on the Delaware waterfront ("Low road for high-rise," Monday). L&I's role is to apply the law. There is no deal; there is no favor. PMC's zoning permit provides for a "zoning bonus" authorizing extra stories on its building.
June 17, 2016 |
Rowan University's board of trustees on Wednesday approved a 1.92 percent increase in tuition and fees for undergraduates during the 2016-17 academic year. The board, meeting at the Chamberlain Student Center on the Glassboro campus, also approved an average 2.5 percent increase in tuition and fees for students in the School of Osteopathic Medicine, and a 3 percent increase for students at Cooper Medical School of Rowan. This is the fourth year the undergraduate tuition and fees increase at the university has been 2 percent or lower, said president Ali A. Houshmand.
June 10, 2016 |
Water rates in Philadelphia will rise by nearly 10 percent over the next two years, the Water, Sewer and Stormwater Rate Board announced Wednesday. The increase will be phased in starting in July, when the average residential bill will go up by $3.44 per month. Another increase, averaging $3.18 a month, is to begin July 1, 2017. In total, the average monthly residential bill is slated to go from $67.43 to $74.05 over the two years, a 9.8 percent increase. The Water Department had sought a rate increase of about 12 percent over the two years.