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NEWS
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.
BUSINESS
January 7, 2004 | By Tom Belden INQUIRER STAFF WRITER
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.
BUSINESS
August 19, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
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.
BUSINESS
November 20, 2014 | By Linda Loyd, Inquirer Staff Writer
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.
BUSINESS
December 30, 2014 | By Diane Mastrull, Inquirer Columnist
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.
NEWS
August 13, 2013 | BY VALERIE RUSS, Daily News Staff Writer russv@phillynews.com, 215-854-5987
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.
BUSINESS
July 22, 1988 | By Dan Stets, Inquirer Staff Writer
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.
NEWS
November 20, 2009 | By Paul Davies
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.
NEWS
November 8, 2013
M ICHAEL A. BROWN, 38, of Blackwood, Camden County, is the founder and president of Environmental Construction Services, an HVAC company in Somerton that does energy-retrofit projects. Brown was one of 23 small-business owners who recently completed the Goldman Sachs "10,000 Small Businesses" training program at Community College of Philadelphia. Right now, he's with Mayor Nutter and other business leaders on a trade mission to London and Tel Aviv. Q: What did you learn during the Goldman Sachs program?
NEWS
June 12, 2012 | By Stephan Salisbury, INQUIRER CULTURE WRITER
H.F. "Gerry" Lenfest, fresh from the successful opening of the Barnes Foundation gallery on the Benjamin Franklin Parkway - where he was a key supporter of the foundation's move from the suburbs to the city - has now focused his financial energy on building a new history museum near Independence Mall. At a news conference Tuesday, the American Revolution Center is expected to unveil New York architect Robert A.M. Stern's design for a new Museum of the American Revolution at Third and Chestnut Streets, and in support of the push for the museum, Lenfest will announce a $40 million challenge grant.
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