February 23, 2014 |
CAMDEN A new governing body for Rutgers-Camden, in its first meeting Friday, took a series of quick administrative actions, including appointing two members to a board that has eminent domain power in the city. Though it is still two gubernatorial appointments short, the board voted to fill positions on a joint panel with Rowan University that is expected to oversee the development of an "eds and meds" corridor in Camden. "The [Rutgers] board wanted to get started, Rutgers wanted to get started, I wanted to get started.
February 21, 2014 |
THE CITY Ethics Board - which has grappled with how to regulate gift-giving to city officials and their staff for months - is happy City Council is moving toward changing the laws that were tying their hands, the board signaled yesterday during its regular monthly meeting. An ordinance, introduced by all members of Council on behalf of Council President Darrell Clarke, amends a portion of the Philadelphia Code by placing limits on gifts from anyone having a financial interest in a city matter to any employee who can affect official action.
February 19, 2014 |
STATE COLLEGE, Pa. - A still-fractured Pennsylvania State University came together Monday in perhaps its most unified showing since the child sex-abuse scandal erupted, as its board of trustees unanimously voted to hire a new president. Eric J. Barron, a climatologist with 20 years' experience at Penn State who most recently served as president of Florida State University, will start on or before May 12. "I hope the winds of change are blowing in the form of a renowned climatologist named Eric J. Barron," said university trustee Anthony Lubrano.
February 18, 2014
The Academy of Natural Sciences of Drexel University , the nation's oldest natural-history museum, named the following members to its governing board: Robert Drury , a partner at Laurel Capital Partners, a Radnor-based private-equity firm; Ellen Harvey , managing director at Miller Investment Management and principal at Lindsay Criswell L.L.C., and Jun Huangpu , owner of Cobbs Creek Healthcare and with Healogix. Dawn Bricker has been installed as the 2014 governor of the New Jersey Women's Council of Realtors , a national professional-development organization.
February 13, 2014 |
Upping the heat on Time Warner Cable Inc., rival Charter Communications Inc. formally launched a hostile proxy fight by proposing to oust Time Warner Cable's board and replace it with 13 new directors. A proxy fight was a remaining option for Charter after Time Warner Cable rejected three buyout bids, the last in January for $132.50 a share in cash and stock. Time Warner Cable closed at $134.90 Tuesday, down 0.59 percent. In a proxy vote, Time Warner Cable shareholders, such as pension funds, can vote for directors nominated by the company's management or directors nominated by Charter.
February 11, 2014 |
THE PENSION crisis facing Philadelphia - and cities and states across the country - is almost universally blamed on the kick-the-can-down-the-road tactics of past politicians, who promised costly retirement benefits to workers without creating revenue streams to pay for them. Now, just as governments begin to tackle this reality, some economists and observers are saying that officials are once again kicking the can. But this time, the maneuver is a little trickier. In short, governments are assuming that their pension-fund investments will do better in the market than many believe is possible.
February 4, 2014 |
On calendars and in his head, Stephen Gallo tracks the number of days that have passed since his 19-year-old daughter, Nicole, was killed by an intoxicated driver. Gallo's mother, Donna, has watched her daughter's friends graduate from college, and seen her son pass his sister's age. Life moves on. But for the Gallos, time stopped the day Rachael Jankins killed Nicole in August 2009. When the Gallos learned that Jankins, 25, was up for parole last year, they took part in a new program that lets crime victims meet privately with the state parole board and testify about the impact of the crime.
February 3, 2014 |
PHILADELPHIA During three days of testimony last week for a second casino license in Philadelphia, the questions from commissioners were almost as important as the answers from the five applicants. And it was clear from their back-and-forth that this state gaming board wants to minimize risk and avoid past mistakes. More than once, commissioners invoked the names of Foxwoods and Revel like warnings. The Foxwoods group lost its license for a South Philadelphia waterfront casino after repeated internal setbacks.