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Meanwhile, the biotech inked an auto-immune disease drug-development deal to pay $45 million to Portola Pharmaceuticals upfront and as much as $508.5 million more depending on results. Cambridge's Vertex Pharmaceuticals posted its first profitable
Updated: 10/28/2011 12:56A
This Hour: Latest Pennsylvania news, sports, business and entertainment
The Marshals Service says the boy was found Thursday in Salisbury, Md., with 1 of 3 people charged in the Aug. 5 slashing attack. A second suspect was arrested last month in Delaware, and the third was taken into custody Thursday in Delmar,
Updated: 10/28/2011 12:27A
Citigroup, Madoff, JPMorgan, Wal-Mart, MERS in Court News
Bernard L. Madoff's family would keep about $82 million of “other investors' money” under a ruling that limited a bankruptcy trustee to claiming from the owners of the New York Mets only two years of withdrawals from the Ponzi scheme, according to a
Updated: 10/28/2011 12:22A
Tepco Requests Government Support for Fukushima Compensation
By Tsuyoshi Inajima - Fri Oct 28 04:05:28 GMT 2011 Tokyo Electric Power Co. submitted an initial request for state aid to avert bankruptcy and compensate residents and businesses afflicted by the radiation spewing from its wrecked Fukushima nuclear
Updated: 10/28/2011 12:22A
Business Briefs
Columbia -- A manufacturer of respiratory medicine is expected to announce today that it is coming to Lexington County, and bringing at least 300 jobs, business and political sources said Thursday. The company's expansion to the Midlands follows a $30
Updated: 10/28/2011 12:18A
Trustee to oversee EpiCentre
A US Bankruptcy Court judge on Thursday appointed a trustee to oversee the limited liability companies that own and operate the troubled EpiCentre complex in uptown Charlotte. Elaine Rudisill, managing director of The Finley Group in
Updated: 10/28/2011 12:17A
Judge enters not guilty plea for Beachy
The owner of A&M Investments in Sugarcreek was arraigned Thursday before federal Judge Benita Pearson in Youngstown. He was released on bond. Defense attorney J. Gerald Ingram had advised Beachy not to follow through with his insistence on pleading no
Updated: 10/27/2011 11:58P
CE Hines Memorial Christian Fellowship declares bankruptcy ahead of sheriff's sale
Bufford, who teaches bankruptcy law, said that he presided over more than 125000 bankruptcy cases in 25 years, including some involving churches. “The churches who filed bankruptcy cases were all unincorporated,” Bufford said.
Updated: 10/27/2011 11:56P
Rehab for East End building delayed by bankruptcy
Plans to buy and fix up a key empty building in the East End suffered a setback last week when the owners filed for bankruptcy, said Jim Edwards, director of the Charleston Urban Renewal Authority. Lawyers for Deborah Dandy Michaux and the Dandy Family
Updated: 10/27/2011 11:47P
Altoona may seek 'distressed' status
AP ALTOONA — Officials in Altoona may seek help under a state program for financially distressed municipalities rather than risk filing for bankruptcy. The Altoona Mirror reported Thursday that the city's 2012 budget has a $1.6 million deficit that
Updated: 10/27/2011 11:47P
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