January 7, 2004 |
US Airways president David N. Siegel said yesterday that he had postponed plans to meet with employees this month about the airline's need to cut costs, saying that the opposition of union leaders to talking about the company's plight had made the meetings pointless. Siegel, speaking to the airline's 28,700 employees in a recorded message, said public statements by union leaders had prompted him to put on hold plans for a "road show" across the airline's system, where he had planned to outline a new business plan on reducing costs.
November 20, 2014 |
Sixteen companies have expressed interest in all or part of about 200 vacant acres known as Southport, at the eastern end of the Navy Yard in South Philadelphia. They include energy companies, marine terminal operators, auto processors, and multipurpose terminal operators with ideas for the maritime property, south of the Walt Whitman Bridge on the Delaware River. The Philadelphia Regional Port Authority (PRPA) said Tuesday that it would evaluate the responses and make recommendations to its board, which will have the final say. Southport is three waterfront parcels: 119 acres referred to as Southport Marine Terminal; 75 acres known as Southport West Terminal; and the Pier 124 "north berth," a 1,132-foot-long finger pier.
January 24, 2012 |
From afar, Burlington Island appears uninviting. There is no easy access to the uninhabited Delaware River island. A bridge connecting it to nearby Burlington City was planned but never built. There are no docks. But for 400 years, the island has been a tantalizing prize, according to historians. It was seized during a conflict between the English and the Dutch in the 1600s, settled by people of several nations, battled over in courts, and targeted for a number of failed ambitious projects.
December 30, 2014 |
As young lawyers at Pepper Hamilton L.L.P. in Philadelphia, toiling late into the night and on weekends over mergers and acquisitions and contract negotiations, Nirvana Dove and Zakiya Black realized one important thing about their profession: It is not especially conducive to maintaining a beauty regimen. "To get to a salon before they close is often difficult," Black said. And if they did manage to get weekends off, those hours were mostly spent on errands. How is a time-starved professional and/or housebound new mother supposed to get pampered, they wondered over breaks fueled by Chinese takeout.
August 19, 2014 |
Eight-and-a-half years after the judge sent him upstate, Pennsylvania's parole board sent David Downey home from Waymart State Correctional Institution , after stints at Graterford and Camp Hill , to suburban Philadelphia, and his business plan. He had been convicted of drug delivery resulting in the 2005 death of a teenage escort-service worker, Ashley Burg . She was killed by a cocaine overdose at Downey's home. Downey had been a government intelligence veteran and then turned to being a business consultant.
July 22, 1988 |
Catalyst Energy Corp., the parent company of the firm that runs the Center City steam loop, agreed yesterday to a $202.5 million buy-out offer from the son of T. Boone Pickens, the Texas oilman and corporate takeover specialist. Thomas B. Pickens 3d signed an agreement with Catalyst, of New York, to acquire the approximately 18 million outstanding shares of Catalyst for $11.25 a share. Pickens formed a new company, Merrimac, for acquiring Catalyst's stock and taking the company private.
May 22, 2014 |
With increased state funding and stable ridership, SEPTA officials are unveiling a five-year plan to attract more riders, repair crumbling infrastructure, and improve customer satisfaction. Having emerged from last year's doomsday scenarios into a hopeful era of what SEPTA planners call "innovation, integration, and renewal," the officials outlined Tuesday a blueprint for the future that was to be presented to the agency's board for approval in July. Meeting with transit users and supporters at SEPTA's Center City headquarters, Byron Comati, director of strategic planning, said legislative approval late last year of a $2.3 billion boost in statewide transportation funding has allowed SEPTA to plan more boldly.
January 15, 2015
TENS OF THOUSANDS of disabled GIs have returned home from war zones in Iraq and Afghanistan to face daunting challenges ranging from post-traumatic stress disorder to lost limbs and other injuries. Getting help starting or growing a business should not be one of their challenges. Now, thanks to an anonymous donor, St. Joseph's University is lending a helping hand. In March, the university's Office of Veterans Services will launch the Veterans Entrepreneurial Jumpstart Program.
March 30, 2015 |
It takes vision to start a new fast-casual restaurant concept in a town like Philadelphia that's brimming with lunch options. And it takes something rarer and bolder than that to do so while still in college. While his Tulane study-abroad pals in the Netherlands no doubt were taking advantage of Amsterdam's more famous offerings, Brennan Foxman was busy studying restaurant business models. At the tender age of 22, the New Jersey native launched the Asian-inspired Wokworks at 1935 Chestnut St. It serves stir-fries of both the predesigned and build-your-own varieties, and he hopes it'll become the next Chipotle.
November 20, 2009 |
Jennifer Zoga and Liz Bales tried to follow all the right steps when they started their new business in Chestnut Hill. They put together a business plan, found a location on a busy street, and lined up the necessary financing. But they didn't count on getting kneecapped by petty Philadelphia politics. Their story is a cautionary tale for anyone who wants to start a small business in this city. Zoga and Bales, two smart moms who live in Chestnut Hill, spent a couple of years planning Good Food Market, an upscale shop that sells prepared foods and caters to other busy neighborhood families.