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Thursday, October 24, 2019

Former DuPont company Endo settles northern Ohio opioid cases

A company with ties to DuPont’s former pharmaceutical operations has settled northern Ohio cases over its opioid practices. Endo International announced that its subsidiaries Endo Pharmaceuticals Inc., Endo Health Solutions Inc., Par Pharmaceutical, Inc., and...

WSFS completes Beneficial systems integration, rebranding

WSFS Financial Corporation completed the systems integration and rebranding of Beneficial Bank into its primary subsidiary, WSFS Bank. All Beneficial Bank accounts have successfully converted to WSFS Bank accounts.  No glitches have been reported from...

Renewable fuels producer eyes Philly refinery site.

A renewable fuels producer is taking a look at the Philadelphia Energy Solutions refinery site. Reuters reported that S.G. Preston was interested in the site, with Preston posting the story on its website. Preston, which...

American Airlines to add nonstops to Iceland, Morocco in June 2020

American Airlines will add two nonstop international routes —  Casablanca, Morocco, and Reykjavik, Iceland — from Philadelphia International Airport (PHL) in 2020 . The seasonal routes will both takeoff beginning June 4. “This is exciting news...

Trending From WHYY: Del. bankruptcy court judge approves $65 million loan for Philly refinery

Delaware U.S. Bankruptcy Court Judge Kevin Gross approved a request by Philadelphia Energy Solutions for a $65 million loan from debtor-in-possession financing Tuesday, as the company’s Chapter 11 case opened in Wilmington. The company says...

WSFS reports higher 2nd quarter earnings as it works to integrate Beneficial

Wilmington-based  WSFS Financial Corporation,  the parent company of WSFS Bank, reported higher earnings for the second quarter. Net income for the second quarter was $36.2 million, compared to $13 million in the first quarter and...

Philly refinery to pay workers through late August in long shot effort to restart...

Philadelphia Energy Solutions will keep workers on its payroll through late August as federal, state and local officials look for a way to restart the refinery that was slated to close after an explosion...

WSFS plans 71 layoffs in Pennsylvania after Beneficial merger

Wilmington-based WSFS has filed a layoff notice for  71 workers of the former Beneficial Bank. WSFS filed a WARN notice with the Commonwealth of Pennsylvania this month, after completing a merger with Philadelphia-based  Beneficial Bank. The...

From WHYY: Company closing hospital in Philadelphia files for bankruptcy protection in Delaware

The parent company of a Philadelphia hospital that began curtailing services over the weekend has filed for bankruptcy protection in Delaware. The Chapter 11 filing made late Sunday in Wilmington by Hahnemann University Hospital also...

Refinery fire, blast could lead to higher prices at the pump

Wilmington-based AAA Mid-Atlantic says it is too early to determine the impact of Friday morning's fire and blast  at the Philadelphia Energy Solutions complex in the city. The auto club did note that inventories are...