February 25, 2016 |
Since returning to the ranks of publicly traded companies a year ago through its merger with Skilled Healthcare Group Inc., Kennett Square's Genesis HealthCare Inc. has had a rough ride. The price of its shares has plummeted to $1.80 from $8.77 Feb. 2, 2015, the day the merger was completed, and the company this week reported a net loss of $426 million on revenue of $5.6 billion in 2015, up from $254 million in 2014, when Genesis had $4.8 billion in revenue. Genesis' chief executive, George V. Hager Jr., assured analysts Tuesday on a conference call to discuss the earnings report that the company was in good shape for the long haul, despite near-term turbulence in the nursing-home industry.
February 1, 2016
When I first visited John Lyles and Neel Kulshreshtha three years ago, their business survival seemed a real long shot. They were two unknowns out to make a mark with an electric head shaver in a world dominated by such household names as Philips Norelco, Remington, and Braun. They're unknowns no more. Their company, South Jersey-based Skull Shaver L.L.C., has "low-seven-figures" sales, largely through Amazon.com and, increasingly, its own website, skullshaver.com, said Kulshreshtha, president and CEO. Many of those sales are of their men's shaver, the Bald Eagle, even though the women's shaver, the Butterfly, has had exposure on the nationally syndicated talk shows The Real and The Doctors . In December, Skull Shaver made its first bricks-and- mortar appearance in nearly 40 Bed Bath & Beyond stores in the United States.
November 16, 2015 |
Timothy Gallagher is a retired medicinal chemist who spent his career with some of the world's top pharmaceutical companies, immersed in the highly technical work of synthetic drug compounds. "I'm known for my creative problem solving," said Gallagher, 61, a longtime Harleysville resident who now lives in Maryland. "I can't sing at all. " Yet he has just made an album, coaxed out of his "I'm-not-musical" self by Songmaker Productions, a West Chester-based start-up that aims to help anyone put thoughts to music, from expressions of love and los Search results for philadelphia police - Listen Online s to celebrations of friendship and fun times.
November 6, 2015 |
On the morning after the last night at Guild Hall, a crew of volunteers mopped floors while the owners held back the tears. Four months. Just four lousy, four splendid, four heartbreaking months - that's all the beautiful downtown Jenkintown brewpub lasted before Jennifer McGuire and her husband, Owen Hutchins, decided to close its doors. With breweries opening at a rate of more than one per day, it's rare to hear of one closing. In 2014, there were all of 23 failures nationwide, according to the Colorado-based Brewers Association which represents small breweries.
November 3, 2015
A BDOULAYE Coumbassa, 40, of West Philadelphia, is owner and CEO of Abbi Print in West Philadelphia. Coumbassa, who emigrated from Guinea in 1998, started the printing company in June 2010. It offers a wide array of printing services, including binding, screen printing, press printing, regular and digital printing, and graphic-art design. Q: How'd you come up with the idea? A: A friend's father owned a printing shop in Guinea, and while I was in college we'd go to the shop after classes.
October 22, 2015 |
CHAKA FATTAH JR. had connections, a name and access - and he dreamed big - a former roommate and business partner testified at Fattah's federal trial yesterday. "He had a name. His father's a congressman," Matthew Amato told a federal jury. Fattah could get in the front of lines at clubs and get hard-to-get seats at restaurants. How? "Just by saying, 'Hey, I'm Chaka Fattah Jr. Can I have a table or get in front of the line?' " Amato said. With that access, Amato testified, he thought Fattah's idea of launching a high-end luxury concierge service for "high-net-worth individuals" would be successful.
October 13, 2015
L YNNE CUTLER, of Penn's Landing, is founder and president of Women's Opportunities Resource Center (WORC). The nonprofit helps low-income women and men get entrepreneurial training and access to business and financial resources to start businesses and become economically self-sufficient. A companion organization, the Economic Opportunities Fund (EOF), is the lending arm of WORC. Since inception, WORC has assisted 5,000 people, 85 percent of whom are low-income. It's made 543 loans totaling more than $2.2 million that created or retained 1,527 jobs.
October 6, 2015 |
At a training program before school started last year, student employees at Rowan University's recreation center were discussing how to get more students to use the rec center. "I've always noticed from my experience that people are more motivated to engage in fitness when they have a friend or partner," said Nick Dennis, 22, of Morris County, N.J., who is graduating this fall with a bachelor's in mathematics and minor in business administration. Dennis thought about the social networks so popular on campus.
September 18, 2015 |
After 13 years on the road, the Moorestown Theater Company would like to build a home of its own. The nonprofit group dreams of building a new performing arts center on the site of the soon-to-be-demolished former Moorestown library. "I have not heard one person say it's a bad idea," declared company founder and promoter-in-chief Mark Morgan, whose troupe stages 14 to 16 Broadway musicals annually at churches, schools, and other venues around town. Although Moorestown contemplates using the library site for green space, parking, or additional municipal facilities, the theater company would like to lease the ground while trying to privately raise perhaps $10 million to build the performing arts center.
August 5, 2015
AS FAITH LEADERS from across Pennsylvania, we are proud to publicly support Planned Parenthood and the essential care they provide. As providers of pastoral service in our houses of worship and faith communities, we trust Planned Parenthood to offer quality reproductive health care and educational programming, and we know that their mission and work is consistent with the teachings of our various faiths. This is just the latest political attack on women's health - and a clear cynical and coordinated effort designed to undermine this essential health-care provider.