Business news in brief – Philadelphia Inquirer

Business news in brief – Philadelphia Inquirer
Sidhu Special Purpose Capital Corp., the blank-check firm run by former Sovereign Bancorp Inc. chief executive officer Jay Sidhu, cut its planned initial public offering 40 percent to $90 million. The firm, which originally planned to raise $150

Sobering News – Worcester Business Journal
We ve all seen the bumper sticker that says something to the effect of, If you aren t outraged, you re not paying attention. Well, given the business news last week, if you aren t nervous, you definitely weren t paying attention. The