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.
April 7, 2015 |
Moroccan immigrant Ali Hajjaji's business plan fills a notebook. But his back-of-a-napkin version is just a rectangle labeled "hub" and a handful of lines representing "stores" and "pick up points. " A master of cellphone repair, Hajjaji, 37, came to America in 2010 with a green card he won in the State Department's diversity lottery. He has worked for resellers and retailers, including RadioShack. Two months ago, he opened iSmartTech, his South Ninth Street shop amid the bump and bustle of the Italian Market, where broken phones are as common as cabbage.
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.
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.
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.
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.
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.
August 3, 2012 |
What is the most unlikely career choice of a onetime high school and college basketball star whose NBA career was dashed by back injuries? How about cream-puff salesman? And not the used-car kind of cream puff - which might make sense - but the cream-filled pastry ball. Which is the new vocation of Brian Zoubek, the 7-foot-1 center for Haddonfield Memorial High and the 2010 national championship Duke Blue Devils. He's seeking profit in profiteroles. This week in his hometown, Zoubek, 24, opened Dream Puffz - "the Z is for me" - a spare, modern corner storefront next to Bread Board Plus.
October 2, 2012 |
Growing a tree-service business that now has more than $1 million in revenue and is on the verge of something way bigger - becoming the first U.S. franchise of its kind - is not at all what Josh Skolnick had planned when he responded to a call for help four years ago. Skolnick was just doing a favor for a frantic father of young girls when the Fort Washington native responded to a request in June 2008 to take down a dead elm. Back then, trees...