Will New Jersey’s SALT deduction work-around help its small-business owners?

Will New Jersey’s SALT deduction work-around help its small-business owners?

by Gene Marks
The new tax law put a $10,000 cap on the amount individuals could deduct on their tax returns for sales and local taxes (SALT). That impacts residents of states with high local taxes the most, like New Jersey. Will Gov. Murphy's workaround help small businesses?
‘Skunkworks’ at Johnson & Johnson is rushing to develop a coronavirus vaccine

‘Skunkworks’ at Johnson & Johnson is rushing to develop a coronavirus vaccine

by Sam Wood
J&J set up an unofficial 'skunkworks' two weeks ago when the virus began to look like a global threat.
‘Skunkworks’ at Johnson & Johnson is rushing to develop a coronavirus vaccine

‘Skunkworks’ at Johnson & Johnson is rushing to develop a coronavirus vaccine

J&J set up an unofficial 'skunkworks' two weeks ago when the virus began to look like a global threat.
National suicide rates rose 40% from 2000 to 2017, with blue-collar workers most at risk

National suicide rates rose 40% from 2000 to 2017, with blue-collar workers most at risk

by Bethany Ao
The study used data from the 32 states — including Pennsylvania and New Jersey — that participated in the 2016 National Violent Death Reporting system, which combined data from death certificates, coroner and medical examiner reports and law enforcement reports.
National suicide rates rose 40% from 2000 to 2017, with blue-collar workers most at risk

National suicide rates rose 40% from 2000 to 2017, with blue-collar workers most at risk

The study used data from the 32 states — including Pennsylvania and New Jersey — that participated in the 2016 National Violent Death Reporting system, which combined data from death certificates, coroner and medical examiner reports and law enforcement reports.
Vanguard’s Total Stock Market Index Fund closing in on $1 trillion. Yup, that’s 12 zeroes.

Vanguard’s Total Stock Market Index Fund closing in on $1 trillion. Yup, that’s 12 zeroes.

by Erin Arvedlund
Closing in on $1,000,000,000,000 in assets.
Vanguard’s Total Stock Market Index Fund closing in on $1 trillion. Yup, that’s 12 zeroes.

Vanguard’s Total Stock Market Index Fund closing in on $1 trillion. Yup, that’s 12 zeroes.

Closing in on $1,000,000,000,000 in assets.
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She fractured her spine after the car ran a red light. Uber said she signed away her rights to a jury trial.

She fractured her spine after the car ran a red light. Uber said she signed away her rights to a jury trial.

by Oona Goodin-Smith
Because Uber can’t prove that a Philadelphia woman actually read the company’s terms and conditions, she can’t be forced to settle her claims behind closed doors, a judge ruled.
St. Christopher’s Hospital real estate to be bought by Philadelphia developer Iron Stone

St. Christopher’s Hospital real estate to be bought by Philadelphia developer Iron Stone

by Harold Brubaker
A joint venture of Tower Health and Drexel University purchased the hospital’s business last month for $50 million.
Can this investor raise $1.1 billion for building gene therapy factories near King of Prussia?
Column

Can this investor raise $1.1 billion for building gene therapy factories near King of Prussia?

by Joseph N. DiStefano
Deerfield Management Co. has bet $10 billion on biotech start-ups like Philly's Spark. Now it's trying to be the industry's landlord
Why is Philadelphia’s poverty rate sky high, and what can be done about it? | Mark Zandi

Why is Philadelphia’s poverty rate sky high, and what can be done about it? | Mark Zandi

by Mark Zandi, For The Inquirer
Close to one-fourth of Philadelphia residents have incomes below the poverty line — an astounding figure.
Got a business idea? You could win a full tuition scholarship to Rider University

Got a business idea? You could win a full tuition scholarship to Rider University

by Susan Snyder
Rider University hosts a business competition for entrepreneurial-minded high school students. The one who comes up with the best invention gets a full, four-year tuition scholarship to the university, worth more than $170,000. The competition was held Saturday before a panel of judges.
Jersey Shore’s AtlantiCare wants to end relationship with Geisinger Health

Jersey Shore’s AtlantiCare wants to end relationship with Geisinger Health

by Harold Brubaker
With a federal lawsuit, Geisinger is trying to block AtlantiCare's effort to regain its independence.
At Clarifi, a voice for indebted Americans has moved on

At Clarifi, a voice for indebted Americans has moved on

by Joseph N. DiStefano
Clarifi’ is reinventing itself to serve more people. It will extend its efforts by working through GreenPath Financial Wellness, a Detroit-based housing-counseling service that provides combined back-office systems for counselors in parts of 22 states.
Two South Jersey sod farms see opportunity in youth soccer tournaments. One town loves it, the other is fighting it.

Two South Jersey sod farms see opportunity in youth soccer tournaments. But only one town loves it.

by Michaelle Bond
One is a town of 14,000. The other has a population of 6,500. At issue is whether welcoming tens of thousands of people for youth soccer tournaments hurts or helps.
‘Their timeline is aggressive’: Hilco plans to clean up polluted South Philly refinery site, city says

‘Their timeline is aggressive’: Hilco plans to clean up polluted South Philly refinery site, city says

by Andrew Maykuth
Hilco Redevelopment aims to move quickly to clean up the 1,300-acre South Philadelphia refinery complex and redevelop it into a mixed-use industrial facility.
Which college degrees earn grads more than $1 million? Maybe not ones from Swarthmore, Penn State.

Two-year degrees in nursing and healthcare earn big bucks 10 years out of school

by Erin Arvedlund and Bob Fernandez
The hot new metric in higher education is earnings after graduation, and La Salle topped those rankings nationally.
2020 Cadillac XT6 offers a smaller, cheaper three-row SUV, but not much more

2020 Cadillac XT6 offers a smaller, cheaper three-row SUV, but not much more

by Scott Sturgis
Cadillac buyers who longed for a cheaper three-row than the Escalade may be delighted with the new XT6. But those familiar with other luxury brand offerings may be less so.
As drug prices soar, these health insurers are investing $55 million to make their own

As drug prices soar, these health insurers are investing $55 million to make their own

by Harold Brubaker
The venture is designed to alleviate shortages and reduce prices for certain generic drugs for outpatients.
Pa. auditor general presses for new laws on pharmacy benefit managers

Pa. auditor general presses for new laws on pharmacy benefit managers

by Catherine Dunn
Auditor general Eugene DePasquale said Thursday said that pharmacy benefit manager business practices are “harming” independent pharmacies, and that he was concerned about the “future of competition” among retail pharmacies in the state.
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