October 6, 2014 |
After years of cutting costs, streamlining operations, and sharing services with nearby Collingswood, the Oaklyn school district is looking at running out of money within two years. A report offering possible solutions is expected by the end of the year - and possibly within the month - from the state's executive superintendent for Camden County, Ann Volk. Oaklyn residents say adamantly that they don't want their school - a town centerpiece - to close. "Having another vacant building in this community is not the answer," said Jen Somers, waiting recently for her twins to be dismissed.
September 12, 2014 |
Revel AC Inc. said in a bankruptcy court filing Wednesday that it had reached a deal to sell its $2.4 billion Atlantic City property to South Florida developer Glenn Straub for $90 million in cash. The deal was reached Friday, according to the filing. That was less than a week after Revel closed, putting nearly 3,000 people out of work. The offer is less than 4 percent of the casino's original price tag. "It's not going to be just a casino," Straub said. "There's four people that would make excellent casino operators, but that building is much, much more than just a casino.
August 15, 2014
THERE ARE lots of ways to be Ferguson, Missouri. It doesn't necessarily require tear gas, smoke bombs lobbed at protesters or a heavily militarized police department. It doesn't even have to involve the shooting of a young unarmed black man, for no apparent reason - yes, another one. It just requires a police department that has little accountability, or a criminal-justice system that often brings no justice to minorities. A few weeks ago, for example, six officers of the Philadelphia Police Department were indicted on burglary, kidnapping and extortion charges.
August 6, 2014 |
HARRISBURG - Gov. Corbett on Monday signaled that he was willing to advance millions of dollars in state education money to Philadelphia schools to ensure that they open on time next month. The pledge, through a spokesman, came hours after Corbett met with legislators in an unsuccessful bid to get them to return and vote on a $2-per-pack cigarette tax to fund city schools. "This is about putting children of Philadelphia first," spokesman Jay Pagni said. "The governor is prepared, if need be, to advance funding once the final request is made of him. " It was not clear, however, that the move would avert the doomsday scenario city officials have predicted: layoff notices to more than 1,000 district employees next week and a delayed start for 131,000 students next month.
July 22, 2014 |
A LOT OF PEOPLE say they believe their children will be successful. Rory McIlroy's father put his money where his mouth is, and it reportedly paid off big. According to Andrew Cotter, a reporter who works for the BBC, McIlroy's father, Gerry, and three friends made a legal wager 10 years ago that Rory would win the British Open by the time he turned 26. Gerry and his mates, reported Cotter, collectively wagered 400 pounds. At 500-1 odds! When Rory won the Open yesterday at age 25, he dedicated the victory to his mother, Rosie, who watched him win a major in person for the first time.
July 19, 2014 |
WASHINGTON - Republicans are routing Democrats when it comes to raising money in the four most competitive House races in the Philadelphia region. The Republicans in those contests have more than three times as much cash on hand as the Democrats: $5.36 million to $1.64 million as of June 30, according to campaign filings released this week. In three of the four races, the Republican candidates raised at least twice as much in the latest reporting period as their Democratic rivals.
July 1, 2014 |
Robbers held up two Philadelphia convenience stores early Sunday morning, getting away with about $450 in cash, police said. Two men wearing dark, hooded jackets and gloves entered a 7-Eleven at 7607 Ridge Ave. in Upper Roxborough at 3:05 a.m. and displayed a small handgun, police said. After stealing approximately $300 and lottery tickets, the pair fled south on Ridge Avenue on foot. No injuries were reported. Approximately 90 minutes later, a lone robber walked into a Wawa in the 3800 block of Spruce Street in the University City neighborhood and demanded cash.
June 20, 2014 |
A LIBERAL political group yesterday accused a billionaire casino investor of making an illegal campaign contribution to Gov. Corbett. Keystone Progress filed a complaint with the state Gaming Control Board against Sheldon Adelson, a Republican mega-donor and CEO of the Las Vegas Sands Corp. The group claims that an Adelson contribution of nearly $1 million ended up in Corbett's campaign account, in violation of the state gaming law's prohibition of casino owners giving political contributions in Pennsylvania.
June 20, 2014
C ARLOS R. VEGA, 32, of Center City, is founder and CEO of startup Tesorio, an online marketplace that helps buyers and suppliers with cash management. Vega, a citizen of both Panama and the United States, is a recent Wharton grad with a masters in business. Tesorio was accepted into the Wharton Venture Initiation Program, which provides office space and other help for startups. Q: How did you come up with the idea for Tesorio? A: Access to financing can be tedious for small businesses.
June 19, 2014 |
Long, grueling months of World Cup planning and preparation paid off big for the Germans this week. For the soccer team, sure. It thrashed Portugal. But on a local level, too - for the Brauhaus Schmitz restaurant on South Street. Before the doors opened Monday, the venue's owners devised and implemented a special flat-fee admission plan. Work schedules were checked and rechecked, advertising booked and delivered. Staffers hung extra big-screen TVs and decorated the restaurant in Deutschland banners of black, red, and gold.