Sunday, January 20, 2008

PA in the WSJ

This is a list of articles regarding Pennsylvania in this week's Wall Street Journal. Chances are I missed something, but these are the articles that caught my eye.

It should be noted that I routinely do not read the editorials in the WSJ. So any discussions of the state, its elected officials, businesses, or citizens, in editorials will not be mentioned here.


PA Politicians

From “Default fears unnerve markets,” by Sarah Leuck, John D. McKinnon and Michael M. Phillips (1/18):

”Whether or not it’s technically a recession, it certainly feels like one,” said Republican Rep. Phil English, at a recent hearing on the economy. His Erie, Pa., district is among several dozen metropolitan areas that already appear to be in recession, according to an analysis by Mark Zandi, chief economics at Moody’s Economy.com


From “Deal fees under fire amid mortgage crisis,” by Liam Pleven and Susanne Craig (1/17):
”As soon as you’re out of the deal, you’ve made your profit,” says Rep. Paul Kanjorski (D., Pa.), who heads a House subcommittee overseeing markets. Last year, the House adopted a series of changes to the mortgage market. The Senate is considering its next step.


PA Businesses

Both Mark Zandi of West Chester based Moody’s Economy.com and the Federal Reserve Bank of Philadelphia are mentioned in “Home starts tumble to 16-year low,” by Michael Corkery (1/18). The fed report “showed that the manufacturing activity in the mid-Atlantic region contracted sharply in January, reflecting a steep drop in orders. It was the worst reading since October 2001.”

Comcast gets a double whammy on 1/18. First “Comcast holder seeks CEO’s dismissal,” by Merissa Marr and Dionne Searcey whacks at Brian Roberts. Then in “FCC chief taking cable-industry fight to final bell,” by Amy Schatz points out that the FCC chair is a Comcast subscriber and so those rate increases hit home.

American Eagle Outfitters is the subject of “Kids brand will target modest-income families,” (1/18)

Pittsburgh based Education Management Corp. is the focus of “Education Management plans to go public again,” by Lynn Cowan (1/17)

Charming Shoppes of Bensalem sparks controversy in “Holders seek Charming Shoppes change,” by Kathy Shwiff and Andrew Edwards (1/16)

Other PA

Hydrox cookie fan Robert Fliegel of East Stroudsburg is quoted in “The Hydrox cookie is dead, and fans won’t get over it,” by Christopher Rhoads (1/19)

Other Interesting Tidbits

I was intrigued by “New services help bloggers bring in ad revenue,” by Kelly K. Spors (1/15)

No comments: