April 5, 2001 |
The crisis at Zany Brainy Inc. is deepening. With the King of Prussia retailer's cash almost gone, a major toy supplier said yesterday that it had halted shipments to Zany Brainy warehouses until the company solved its most pressing problem: finding a willing banker within two weeks. First Union Corp. froze Zany's credit line last month, and raised the interest rate on its outstanding loans, saying Zany was in default. The bank first became troubled after it inventoried the toys in Zany's warehouses, and placed a lower value on them than it had expected.
March 7, 2012 |
THE BRITISH government has rejected advice from its Olympic team's top doctor that athletes should not shake hands at the London Games to avoid germs that could make them sick. Government health advisers seemed perplexed by the guidelines, put forth yesterday, which Olympic hopefuls derided as "rude" and "pointless. " By the end of the day, the British Olympic Association had softened its stance. Yes, the athletes will be able to greet the 10,000 visiting Olympians and hundreds of dignitaries with handshakes.
February 6, 2008 |
An admitted Southwest Philadelphia drug dealer told a federal jury yesterday that he routinely purchased three to five kilograms of cocaine a month from reputed drug kingpin Alton "Ace Capone" Coles from early in 2003 until summer 2005. Desmond Faison said three of those kilograms usually were converted into small doses of crack cocaine sold by a network of dealers working for him around the Paschall Homes in Southwest Philadelphia. The remainder, he said, was resold to dealers from other parts of the city or from New Jersey.
June 27, 2002 |
A Superior Court jury decided yesterday that Charles "Crazy Eddie" Reddish Jr. should be put to death for the 1991 suffocation murder of Yeda Sharon "Dede" Rosenthal during a break-in at her Cherry Hill apartment. Reddish, 41, showed little reaction as the verdict was read. He looked up to the ceiling briefly when the foreman said the jurors had voted against a life sentence, leaving the death verdict to come next. Judge Frank M. Lario Jr. ordered Reddish held in solitary confinement and set a Sept.
August 23, 1990 |
Interboro School District teachers and school board members have reached a tenative contract agreement and expect to hold ratification votes next week. But at three other area school districts - William Penn, Penn Delco and Southeast Delco - negotiations continue as the scheduled opening day of schools draws closer. The threat of a strike and the long-term damage it can cause was on the minds of Interboro school board members as they negotiated with the teachers. "The Garnet Valley strike loomed over our decision process," said John Costello, Interboro school board president.
May 4, 2011 |
CAIRO - Fifteen Palestinian factions, including extremist Islamic groups, endorsed a reconciliation deal Tuesday meant to end a four-year rift between the two major Palestinian political movements, Hamas and Fatah. The declaration paved the way for the two groups to sign the deal Wednesday, then form a unity caretaker government to prepare for national elections next year. Israeli Prime Minister Benjamin Netanyahu issued a last-minute appeal to Palestinian Authority President Mahmoud Abbas to cancel the impending deal, which he called a "hard blow to the peace process.
October 28, 2011 |
WASHINGTON - The number of Americans who signed contracts to buy homes fell for the third straight month in September, after the peak spring-and-summer season failed to entice new buyers. The National Association of Realtors said its index of sales agreements fell 4.6 percent last month to a reading of 84.5. A reading of 100 is considered healthy. The last time the index reached that high was in April 2010, the final month that buyers could qualify for a federal tax credit that has long since expired.
September 2, 1987 |
Picket lines went down yesterday at eight South Jersey Pathmark supermarkets, and union members are expected to vote on a tentative agreement this evening. Members of Local 1360 of the United Food and Commercial Workers Union have been on strike against the supermarkets since Aug. 21. The picket lines in front of stores went down yesterday afternoon after local president Sam Rocco, representatives of the union's international and Pathmark officials emerged from a morning meeting with a tentative settlement, said Clay Bowman, Rocco's assistant.
March 15, 1990 |
The Lower Gwynedd Township Supervisors' Police and Fire Committee unveiled a draft agreement Tuesday night that would define responsibilities and a funding formula for the municipalities' two fire companies. Anthony Minio, chief of the Wissahickon Fire Company, and James Schile, president of the North Penn Fire Company, said they liked what they saw. "It's a matter of dotting the i's and crossing the t's," Schile said. "This agreement will make it easier for us to plan for the future.