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Business Plan

NEWS
March 27, 2013 | By Bonnie L. Cook, Inquirer Staff Writer
Keith J. Mastronardo, 24, of St. Petersburg, Fla., an Upper Merion native who was a partner in a skin-care start-up seen on reality TV, died Tuesday, March 19, in a motorcycle accident in Florida. According to the Florida Highway Patrol, Mr. Mastronardo was riding a motorcycle east on Belleair Road in Largo when he swerved to avoid hitting an animal and was thrown off the bike. Police said Mr. Mastronardo was hit by a car driven by Jerome E. Mullarkey, 77, of Clearwater. Mr. Mastronardo died from his injuries at Largo Medical Center; the driver and a passenger were unhurt.
BUSINESS
May 22, 2014 | By Paul Nussbaum, Inquirer Staff Writer
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.
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
April 25, 2014 | By Amelia Brust, Inquirer Staff Writer
PHILADELPHIA The bad news for Philadelphia bicyclists: A bike-sharing program, like ones other cities have, won't be launched here this fall, as previously hoped. The good news: Officials plan to announce Thursday that it will happen next spring. Mayor Nutter's office has chosen the contractors who will operate the fledgling system. B-Cycle, a Wisconsin-based firm that supplies bike-share systems around the nation, plans to provide 1,800 bikes and 185 stations for Philadelphia.
NEWS
January 24, 2012 | By Jan Hefler, Inquirer Staff Writer
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.
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
April 4, 2014 | BY GARY THOMPSON, Daily News Staff Writer thompsg@phillynews.com, 215-854-5992
"ROB the Mob" is an intriguing little indie about a New York "Bonnie and Clyde" who had an understandably brief career knocking down mafia social clubs, circa 1992. Theirs was a very bad business plan, but in "Rob the Mob" it acquires a certain appeal - their victims are so deserving, their demeanor so pleasant, their methods so amateurish, that the doomed enterprise (in the hands of "City Lights" director Raymond De Felitta) takes on an agreeably quixotic tone. Tommy (Michael Pitt)
BUSINESS
September 15, 1994 | By Susan Warner, INQUIRER STAFF WRITER
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.
NEWS
July 20, 2012 | By Peter Dobrin, Inquirer Culture Writer
Several years ago, when the Franklin Institute began visualizing an expansion, planners became captivated by the lovely symmetry they could achieve if they only had a brain. The science museum's room-size heart - and, later, its transplant successor - not only connected to contemporary quantum leaps in understanding of the human body, but had also become a beloved landmark (if the term can be applied to a severely enlarged organ). The Giant Heart is reliably instructive in matters of blood transport.
BUSINESS
May 20, 2012 | By Bob Fernandez, INQUIRER STAFF WRITER
A Tredyffrin Township mail-processing center that employs 733 will be closed and its operations consolidated in Philadelphia, but a second center in Horsham was spared in this nationwide round of cutbacks announced by the U.S. Postal Service, which faces billions of dollars in losses. One hundred forty postal facilities are slated for closure, according to a list released Thursday night by the Postal Service. An additional 89 are expected to be announced in the future. The 229 closings will eliminate 28,000 jobs and are expected to save the Postal Service $2.1 billion a year.
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