Rizzo supporters file lawsuit to take possession of removed statue

The statue was removed by the city on June 3 during the nationwide protests over the police killing of George Floyd.

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Wirecard’s Philadelphia-area tech firm is up for sale in fraud scandal as its German boss gets out on bail

After $2 billion went missing and its CEO was arrested, Wirecard is selling its prepaid-card unit, whose Philly founders hit it rich when they sold to Citi on the eve of the last recession
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Wirecard’s Philadelphia-area tech firm is up for sale in fraud scandal as its German boss gets out on bail

After $2 billion went missing and its CEO was arrested, Wirecard is selling its prepaid-card unit, whose Philly founders hit it rich when they sold to Citi on the eve of the last recession

Column

‘This is a growth thing’: Fin tech firms ‘lean in’ together

"We could have continued to grow separately. To lean in together and expand that growth is what’s really exciting.”
Column

‘This is a growth thing’: Fin tech firms ‘lean in’ together

"We could have continued to grow separately. To lean in together and expand that growth is what’s really exciting.”

Column

Free stock-trade apps: Power to the people, or new ways for Wall Street to profit?

”When you can do something for free, I guess people do it more often.”
Column

Free stock-trade apps: Power to the people, or new ways for Wall Street to profit?

”When you can do something for free, I guess people do it more often.”
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Column

Acme owner’s IPO raises $800 million, less than expected

On Friday, the stock’s price fell another 49 cents in its first day of trading on the New York Stock Exchange. The skid would seem to confirm that the big banks judged rightly when they cut the initial sale price of , ACME's owner, Albertsons Companies, Inc.

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Acme owner’s public stock offering falls short; biotech deals multiply; Chase restarts

Despite the slowdown in the national economy, investors are busy setting up deals to squeeze profits from banking to biotech

Column

The leaders of Pa.’s giant school pension plan are stumped by how to invest in this economy

Pa.'s biggest pension fund puzzles over where to put $50 billion in changing times. “Prepare to be surprised,” one staff expert warned. We need “even more humility than usual.”

Acme owner cuts wages, boosts payments to shareholders as it preps for $1.5 billion IPO

Investors in Albertsons, which owns more than 2,200 U.S. grocery stores including Acme Markets, hope to raise $1.5 billion by selling shares even as it cuts pay to its workers.

Philadelphia settles with Columbus statue supporters, promises 'public process' before any removal

"No decision has been made on whether the City will remove the statue" of Christopher Columbus at Marconi Plaza, City Solicitor Marcel Pratt agreed in a joint statement with counsel for groups supporting the statue and approved by Judge Paula Patrick.

Space commerce: ‘Bankruptcy king’ Wilbur Ross is latest Trump aide to talk recovery in Pa.

U.S. Secretary of Commerce Wilbur Ross visited Exton on Thursday to promote the "Commercial Space Program" and also "answer questions about the economy in Pennsylvania and the U.S." during the coronavirus pandemic.

Philly’s business districts are at a turning point

"If they don’t take this seriously, Philadelphia will be no place to invest"

The fight over South Philly’s Christopher Columbus statue has gone to court: ‘It’s not mob rule’

The Christopher Columbus statue has become the latest flashpoint in protests that have swept Philadelphia in recent weeks after the death of George Floyd.

Column

The fires are out, but stores are still counting their losses from looting

“The bigger chain organizations say, ‘Get us dried out, make sure there’s no mold, clean us up for COVID, get us new glass.’ ”

Wall Street is unfazed by riot-scarred U.S. cities; stocks rise despite the toll

Traumatic as rioting in Philadelphia and other cities has been, the stock market appears to have shrugged off the unrest. Investment analysts think the financial impact of the riots may be limited.

Column

Is a former GSK pharma exec from Philly’s Main Line the right czar to speed the nation’s coronavirus vaccine?

Born in Morocco, educated in Belgium and the Ivy League, and a registered Democrat, Moncef Slaoui of Gladwyne is “a world-renowned immunologist,” Trump declared, just the man to run Operation Warp Speed, the public-private project to find a vaccine.

Protest and Pentecost: ‘Kids are doing exactly what they’ve seen our leaders do’

“Wow, do we need peace this week,” said Philadelphia Archbishop Nelson Pérez. “We have all learned the lesson that violence begets violence.”

Column

Insurers: We can’t pay coronavirus business losses; that’s taxpayers’ job

Forcing insurance companies to pay for business disruptions caused by the pandemic would cripple the insurance industry, industry leaders say.

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