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.
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.
February 3, 2015 |
BEACH HAVEN, N.J. - Those with front-row seats for at least part of the ongoing drama of keeping the historic Surflight Theatre afloat may think they've seen this play before, too. But the directors of the beleaguered theater company - billed as "Broadway at the Beach" in this Long Beach Island town - say their latest plea to save the 450-seat venue from going out of business is now a once-and-for-all proposition, not the sky-is-falling dialogue....
August 13, 2013 |
IT WASN'T a particular love of bicycling that prompted Izzat Rahman to start his business, Kayuh Bicycles, even before he graduated from Temple University. "I'd say that biking is an interest, but entrepreneurship is my passion," Rahman, 24, recently said. In 2009, Rahman, then 21, came from Kuala Lumpur, Malaysia, to study at Temple as a transfer student. "Kayuh" means "pedal" in the Malay language. Initially, Rahman started his business in the basement of the house where he was living as an undergraduate.
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 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.
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.
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.
October 7, 2013 |
Developer Ken Weinstein has a knack for finding opportunities in places where others see none. Upper Darby and Norristown, to name two suburban locations, as well as city neighborhoods. In 2009, Philadelphia-based Weinstein and business partner Stan Smith paid $1.1 million for the 84,000-square-foot former Verizon Corp. building across from the Upper Darby Township building. They rehabbed it for offices as 7200 Chestnut. In Norristown, Weinstein's firm, PhillyOfficeRetail, is completing work at 317 Swede St., across from the Montgomery County Courthouse, and commercial space at 401 DeKalb St., in the county seat's reemerging business district.
September 15, 1994 |
Woodward & Lothrop, the Washington parent of Philadelphia's John Wanamaker stores, presented its creditors with a five-year business plan that projects modest sales increases and lower expenses. The business plan, detailed in New York on Tuesday, outlines how the company intends to operate after emerging from bankruptcy. Woodward & Lothrop filed for protection from its creditors in January and expects to complete its bankruptcy reorganization in the spring.. "Overall, the business plan was well-received," Robert Mang, chairman of Woodward & Lothrop, said yesterday.