January 27, 2016
ISSUE | PA. BUDGET Withhold taxes It has been nearly seven months since Pennsylvania's government failed in its basic responsibility to pass a budget. This inaction has consequences: Many nonprofits, school districts, and others in the state are hurting from the lack of funding. As Pennsylvania citizens, we don't have to facilitate this. We have the means to effectively pressure our elected officials to get this task done. I urge all state residents - regardless of political affiliation - and businesses to suspend sending their state taxes to Harrisburg.
December 25, 2015 |
A South Korean fund is buying the former postal building near 30th Street Station that houses the IRS's local offices, as the Asian country's investors increasingly tap U.S. real estate for stable returns. The fund, managed by Seoul-based Korea Investment Management Co., is under contract to buy the 862,700-square-foot building now known as Cira Square from Brandywine Realty Trust for $354 million, Brandywine CEO Jerry Sweeney said Wednesday. It's the latest acquisition by South Korean fund managers drawn to U.S. office buildings occupied by government or investment-grade tenants with plenty of time left on their leases, said Lucy Fletcher, a managing director at real estate services firm JLL. Such assets appeal to Korean managers, who generally target a steady return of about 6 percent to satisfy the pension and insurance funds they serve back home, said Fletcher, who directs JLL's international capital group in Chicago.
November 7, 2015 |
Philadelphia may be a blue city in a blue state, but Republican Jeb Bush was scooping up some green for his presidential candidacy here Thursday evening. He spent some private time with leading GOP donors at the Comcast Center, because fund-raising never stops, even if, like Bush, you are working hard on the trail to reset your campaign. Bush, once the front-runner for the nomination, has tumbled in the polls, having difficulty gaining traction with a querulous Republican electorate flocking to outsider candidates.
October 10, 2015 |
The strike by 65 NBC10 camera operators and broadcast technicians is heating up. NBC10 general manager Ric Harris told employees in an email on Wednesday that Philadelphia's No. 2 local news station is looking to hire replacement workers and that the positions of strikers had been posted on job sites. Harris also emailed that the company's final offer included a "no-layoff guarantee" for the contract that extends to 2018. On Thursday, union spokesman Frank Keel - accompanied by strikers who are members of the International Brotherhood of Electrical Workers Local 98 - held a news conference in City Hall on the same day that Comcast officials were to meet with city officials over the company's cable-TV franchise renewal.
September 29, 2015 |
A MASSIVE throng of pilgrims who flocked to Philadelphia from across the nation and the world packed every inch of the Benjamin Franklin Parkway yesterday to hear Pope Francis end his historic, sometimes frenetic, U.S. tour with a simple and moving message of love. "Love is shown by little things, by attention to small, daily signs which make us feel at home," the 78-year-old Argentine pontiff said in his native Spanish, delivering a modest yet eloquent homily to a crowd that stretched from the pulpit in front of Eakins Oval toward City Hall, snaking down every side street.
September 25, 2015 |
ABOUT 65 videographers and technicians at NBC10 walked off their jobs late yesterday afternoon, using the timing of tomorrow's visit to the city by Pope Francis to try to get the station back to the table to pound out an agreement. Some members of the International Brotherhood of Electrical Workers Local 98, which represents the striking workers, were inside the Convention Center covering the World Meeting of Families conference when they walked off the job shortly after 4 p.m., union sources told the Daily News . The walkout caps more than a year of negotiations between union members and representatives from NBC10 and New York City-based NBC after the Local 98 contract expired in July 2014.
September 13, 2015 |
About 80 activists marched Friday afternoon from City Hall to the Comcast Center to call on the cable and media giant to contribute funds to improve technology education in Philadelphia schools. "Comcast got the tower, but the people have the power," the marchers chanted as they proceeded west on John F. Kennedy Boulevard to Comcast's corporate headquarters. The group rallied peacefully outside the city's tallest skyscraper and then delivered a sign to the company that read: "Comcast, we need affordable Internet for all, tech education in all public schools, protections for workers and consumers.
September 5, 2015 |
Center City's unionized office cleaners, maintenance workers, and other building-service staffers say they want to share in the benefits of an improving commercial real estate sector as they begin negotiations on a new labor contract. Members need to earn more to support their families and cannot afford the bigger payments for medical insurance sought by employers, Daisy Cruz, mid-Atlantic district leader for SEIU 32BJ, the local of the Service Employees International Union, told at least 100 workers at a rally on Thursday ahead of the talks.
September 2, 2015 |
Five years ago, Miguel Horn returned to Philadelphia after living and working in Mexico as the assistant to acclaimed sculptor Javier Marin. An ambitious artist with Colombian and Venezuelan roots whose vision spans multiple communities and continents, Horn finds himself today, at 31, at a crossroads and immersed in determining the direction of his career. While public-art commissions punctuate his practice as a sculptor, he balances his portfolio with individual sculptures that express his inner psyche.
September 1, 2015 |
Mike Cavanagh, one of the nation's top banking executives at JPMorgan Chase and now Comcast Corp.'s new chief financial officer, says the Philadelphia company's biggest "enemy" is complacency, hoping that consumer trends won't change and that Comcast remains the big cable company. Comcast's destiny is "in our hands," Cavanagh said at the Comcast Center last week. He added, "All businesses have to modify their game to be relevant to millennials. " A protege of the legendary banker Jamie Dimon at JPMorgan, Cavanagh joined Comcast in May after Comcast lost its publicly deflating regulatory battle for Time Warner Cable Inc. He replaces the transformative CFO Michael Angelakis, who negotiated the successful deal for NBCUniversal and the abandoned takeover of Time Warner Cable.