Joseph writes about companies, bosses, public investments and what they do to people.

Latest Stories

Par Funding was unprofitable and $144 million in payments to owners made it worse, accountants say

Defense attorneys say the report to the company’s court-ordered receiver is “materially flawed” as the SEC case against the Philly lender’s owners heads to court.


Pensions for teachers: Why taxpayers, not educators, will pay more for weak investment returns

For every $1 paid to public school teachers, the Pennsylvania Public School Employees' Retirement Fund makes state and local taxpayers pay an extra 35 cents to keep its underperforming pension plan af


Philly retail billionaire Michael Rubin sells an e-business, but buys a U.S. factory

Michael Rubin sells ShopRunner while Fanatics buys WinCraft. Rubin also sold a piece of Fanatics, which suggests that firm is worth over $6 billion, well into unicorn territory.


New York Times finds Biden’s Delaware hometown on a map

Your columnist sets straight an out-of-town writer who merely scratches the surface of President-elect Biden's Delaware.


Glaxo, Comcast step back from venture capital

Comcast, Glaxo step away from the old corporate venture capital model


Digital pathology: Proscia raises $23 million for cancer diagnosis tech; AdaptHealth in $2 billion deal

California venture capitalists lead investment in Center City automation and AI developer


Chinese-American firm repays county $3 million for a stock exchange that failed to bring promised jobs

The promised jobs didn't materialize. And the elected county executive stuck to the original terms of the deal, and got the money his predecessor lent back, on schedule, with interest.


Nasdaq shuts Philly trading room again as COVID-19 surges

Nasdaq previously closed the trading area in March, sending traders and support staff to work from home or trading company offices, then reopening in June after adopting safety and cleaning measures.

Philadelphia will close large city parks at night for annual deer kill

The city of Philadelphia cuts back hours at large parks every winter to control the deer population


Northeast Philly business owners go from ‘couch commandos’ to forming security patrols after looting in May and October

How immigrant small-business owners and supporters in one Philadelphia neighborhood reacted after attacks following protests showed city police were "stretched too thin."