Bloomberg
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Vanguard’s $50 Billion Woman Capitalizes on the ‘Lemons’ the Market Gave Us in March
Gemma Wright-Casparius, the sole head of Vanguard’s four actively managed mutual funds with combined assets of around $50 billion, has made some winning trades for…
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Low Employee Wages Another Reason Why Nursing Homes Have Been Hit So Hard by COVID-19
Nursing homes nationwide are a hotbed for COVID-19, and low wages for employees might be one of the reasons why, according to a report from…
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Smaller Asset Managers Like This One in Delco Get Crazy, Creative to Stay Competitive with the Big Boys
Smaller asset managers like Alpha Architect in Broomall are getting creative as they find ways to compete with the bigger, mainstream companies like BlackRock, Vanguard,…
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Vanguard Continues to Revolutionize Industry, Aims to Cut Big Banks from Currency Trading Process
Vanguard is now going after currencies by cutting out big investment banks from the trading process, writes Alastair Marsh for Bloomberg. Vanguard has been testing…
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Pennsylvania Dethrones Texas, Claims Title of Nation’s Most Diverse State Economy
Pennsylvania has overtaken Texas to claim the title of the nation’s most diverse state economy, write Lee Miller and Wei Lu for the Pittsburgh Post-Gazette.…
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Bloomberg: President Trump Asks Lockheed Martin CEO to Save Sikorsky Plant in Coatesville
President Donald Trump has asked Lockheed Martin CEO Marillyn Hewson to save the Sikorsky plant in Coatesville, writes Kim Chipman for Bloomberg. In a tweet,…
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At Its Current Growth Rate, Vanguard Could One Day Control 30 Percent of Nation’s Stock Market
Vanguard could one day own 30 percent of the nation’s stock market, if it ever reached $20 trillion in asset ownership, writes Erin Arvedlund for…
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Vanguard Receives $106 Billion in New Investor Money This Year, Increases Gap with Rest of Industry
Vanguard has received more than $106 billion in new investor money this year through April, quadrupling the nearest competitor for new money, writes Erin Arvedlund…
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Comcast to Build High-Tech E-Sports Arena in Philadelphia
In a joint venture with the Cordish Companies, Comcast is planning to build a $50 million e-sports arena, dubbed the Fusion Arena, in downtown Philadelphia,…
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Vanguard CIO Uses Regionally-Appropriate Analogy to Describe Global Economy
Greg Davis, Vanguard’s Chief Investment Officer, believes the global economy is facing a challenging year, write Rachel Evans and Annie Massa for Bloomberg. During his…
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Based on This Criteria, Philly Region One of Five Areas Most Affected by Government Shutdown
The Philadelphia region is among the areas most affected by the government shutdown, based on the amount of square footage leased by the General Services…
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Bloomberg: Pennsylvania Pipelines Playing Key Role in Nation’s Energy Independence
Pennsylvania and its pipelines are playing a key role in the nation’s effort to become energy independent, writes Javier Blas for Bloomberg. At the end…
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Report: Philadelphia Region Leads U.S. in Wage Growth
Glassdoor, the company-rating platform, says the Philadelphia metropolitan area leads the country in wage growth over the last year, writes Michael Tanenbaum for PhillyVoice. The…
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Bloomberg: European Union’s Attack on Google’s Practices Could Benefit Paoli’s DuckDuckGo
The European Union’s attack on what it believes is Google’s attempt to stifle competition could pave the way for Paoli’s DuckDuckGo to get a foothold…
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Vanguard Considers a Change to Its Strategy in Japan
Vanguard is considering a change to its strategy in Japan by selling funds directly to investors instead of exclusively through local partners, write Min Jeong…
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Vanguard Brings Its Low-Cost Revolution to China
Vanguard has revolutionized the investment industry in the U.S. with its low-cost funds, and is now bringing the same approach to China, even though it…
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Bloomberg: Pennsylvania the Frontrunner for Apple’s New Campus
According to a report from Bloomberg, Pennsylvania is currently the frontrunner for Apple’s new U.S. campus, write Urvaksh Karkaria and Alison Burdo for the Philadelphia…
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QVC Withstanding Amazon’s Retail Offensive
QVC, the West Chester-based shopping giant, is one of the few companies withstanding Amazon’s retail offensive, writes Gerry Smith for Bloomberg. Amazon has invaded QVC’s…
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