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BUSINESS
January 15, 2012 | By Candice Choi, Associated Press
Consumers are demanding better service in unprecedented ways. In the last several months, public outrage has helped beat back efforts by Bank of America Corp., Netflix Inc., and Verizon Communications Inc. to raise fees or significantly alter services. The victories come at a time when money is tight all around and consumers are tapping into social media to air their frustrations with like-minded individuals. "In the past, people would be angry, but they'd be all over the country talking to their neighbors," said Kit Yarrow, a professor of consumer psychology at Golden Gate University.
BUSINESS
November 11, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
The companies headed by Nicholas Schorsch have bought more than $10 billion worth of hotels, clinics, stores, apartments, stockbrokerages, and investment funds across the United States, doubling their collective size. And that's just so far this year. "This is not growth for growth's sake," the fast-moving, solidly built Schorsch, 52, insisted in a conference call with investors Thursday. Rather, he said, "it is an all-out effort to gain competitive advantage" by growing so big that the group can buy and sell assets more cheaply.
BUSINESS
March 5, 2014 | By Harold Brubaker, Inquirer Staff Writer
Frustrated by a large number of small, fraudulent competitors, two of the largest Philadelphia-area ambulance operators recently joined forces. "The last couple of years have been really difficult for both companies. It's a very tough market," said Steve Barr, president and chief executive of Keystone Quality Transport Co., which has taken over the management of rival EMStar L.L.C. Company officials described the deal - which took effect Feb. 9, shortly after federal regulators launched an intensified crackdown on ambulance fraud in the Philadelphia region - as an alliance rather than a merger of the two privately owned medical transportation companies.
BUSINESS
November 10, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
Vanguard Group has grown so large, it can throw its weight around in any boardroom in America. "We own about 5 percent of every publicly traded [U.S.] company," sometimes more, chief executive F. William McNabb told a conference at the University of Delaware's John L. Weinberg Center for Corporate Governance on Oct. 30. McNabb said he has had to educate corporate managers who think Vanguard's funds of stocks, copied from indexes such as the S&P 500, are mere "passive" investors.
NEWS
August 6, 1992 | By Claire Furia, INQUIRER CORRESPONDENT
Berwyn and Paoli Fire Company officials agreed Tuesday to let Chester County's 911 task force decide for them the most efficient service boundaries for the two companies. The agreement, reached at a meeting with Tredyffrin Township officials, ends a longstanding dispute over which volunteer company could better serve certain areas in Tredyffrin. The dispute focused particularly on the Chesterbrook development of 2,392 homes and dozens of businesses now in the Berwyn company's service territory.
NEWS
August 14, 2011 | Mike Armstrong, INQUIRER STAFF WRITER
Shareholders had their say on pay in a big way at public companies this year. But anyone expecting widespread revolt over the big sums that many executives earned was probably disappointed. Just 37 of 2,293 companies whose shareholders had voted on compensation practices as of June 21 had failed to receive at least 50 percent of the shares voted in favor of those practices, according to Semler Brossy Consulting Group L.L.C. , a Princeton compensation consulting firm.
BUSINESS
October 19, 1989 | By Glenn Burkins, Inquirer Staff Writer
Nelson Bean's business depends on tragedy. Tuesday's earthquake in Northern California and last month's hurricane in South Carolina are the stuff on which his Evans American Corp. thrives. Founded eight years ago in Houston by his father, the company specializes in catastrophe management - helping companies rebuild their crumbled facilities far more quickly than normal. "I don't know anybody who does exactly what we do," said Bean, president of the company. "I know people who rebuild damaged buildings, but we fit into a niche market inside of a niche market.
NEWS
March 6, 2013
I TRACE MY roots back to 1862 (yes, during the Civil War) and railway legislation signed by Abraham Lincoln. Based in Omaha, I'm a top American transportation enterprise, with a railroad network spanning 23 states (mainly in the West) and more than 30,000 miles. I employ more than 40,000 people, use more than 8,000 locomotives and rake in more than $20 billion annually as I serve about 10,000 customers. My biggest customers include steamship lines, vehicle manufacturers, agricultural companies, utilities, intermodal companies and chemical manufacturers.
NEWS
May 16, 2012 | By Juliana Reyes, It's Our Money Writer
WHEN IT comes to large vacant buildings, developer Tony Rufo knows how to spot potential. More than a year ago, Rufo transformed the shuttered Nathaniel Hawthorne School into the Hawthorne Lofts: 53 units of luxury loft-style condominiums. The development offers floor-to-ceiling windows, a roof deck with a stunning view of Center City and ultra-low taxes thanks to a 10-year tax break from the city. According to Rufo's website, every unit has sold. But 2 miles south, just around the corner from South Philadelphia High School, sits a very different kind of Rufo property.
NEWS
October 31, 1991 | By Valerie Reed, Special to The Inquirer
Ten Bucks County companies earned places on the Philadelphia 100, an annual list of fast-growing, privately held small companies in the Delaware Valley. "This year's companies are smaller than last year, more highly focused and probably have better long-term prospects," said David Thornburgh, director of the Wharton Small Business Development Center and manager of the project. "These are companies that have better defined their niche and have served those markets. They haven't had a strong economy to benefit from.
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ARTICLES BY DATE
BUSINESS
March 21, 2015 | By David Sell, Inquirer Staff Writer
A Philadelphia home health care company indicted for Medicaid fraud in early February has ceased operations, costing 1,324 people their jobs - the largest of several recent layoffs in Southeastern Pennsylvania. Infinite Care Inc. filed a required notice with the commonwealth's Department of Labor and Industry that it would close its facility on Rising Sun Avenue. A letter dated March 4 mentioned "unforeseen business circumstances" related to the state health department's ordering the company to cease operations.
NEWS
March 18, 2015 | Julia Terruso, Inquirer Staff Writer
Two documentaries by Sam Katz's Emmy-winning production company will capture Pope Francis' visit to Philadelphia - and the months of behind-the-scenes preparation leading up to it. The Archdiocese of Philadelphia announced Monday that it is commissioning Katz's History Making Productions to create two documentaries. The first will feature the lead-up to Francis' visit and the World Meeting of Families, an international Catholic conference being held in Philadelphia from Sept. 22 to 25. The second will focus on Francis' two-day stay that Saturday and Sunday.
NEWS
March 15, 2015 | By Walter F. Naedele, Inquirer Staff Writer
Edmund E. Anyzek Sr., 80, of Gloucester City, owner of Anyzek Fuel there since 1957, died of cardiac arrest Tuesday, March 10, at Virtua Marlton Hospital. Born in Camden, Mr. Anyzek graduated from Camden High School and worked for a time at the former GAF paper mill in Gloucester City. In 1957, he became owner of the firm founded by his father, Edward S., in 1932. "We specialize in residential and commercial heating oil and diesel fuel deliveries," Mr. Anyzek's son, Edmund E. Jr., said.
NEWS
March 9, 2015 | By Angelo Fichera, Inquirer Staff Writer
Like the borough itself, the emergency calls that summon the members of Newfield's sole fire company tend to be rather temperate. A small house fire, a trash container blaze, a car accident. Still, the brothers and sisters of Newfield Fire Company No. 1 have long taken pride in voluntarily serving the 1.7-square-mile borough just north of Vineland. It's a job the company has performed since 1908, 16 years before Newfield incorporated. "This town is well-protected by us knowing this town," said Ken Barbagli, the company's president and a lifelong Newfield resident.
NEWS
March 6, 2015 | BY RYAN LAWRENCE, Daily News Staff Writer rlawrence@phillynews.com
CLEARWATER, Fla. - Last spring, Ken Giles was the kid in the back corner of the clubhouse with the filthiest fastball in the Grapefruit League. Since he had never played above Class A, though, Giles was sent to minor league camp midway through March. But then he would become a cult hero in Baseballtown, striking out 51 percent of the batters he faced during a monthlong stay at Double A Reading. And then he moved along to Allentown, where Triple A hitters were sent into fits with his triple-digit heat.
BUSINESS
February 25, 2015 | By Bob Fernandez, Inquirer Staff Writer
Entertainment Studios Networks Inc., a California company that calls itself a "100 percent African American-owned media company," has sued Comcast Corp. and Time Warner Cable Inc., claiming the cable firms have engaged in racial discrimination by failing to distribute its cable channels. Also named as defendants in the suit, filed Friday in federal court in Los Angeles, were the Rev. Al Sharpton, the National Urban League, and the NAACP. The suit, which seeks $20 billion in damages, claims that Sharpton and the civil rights groups entered into "sham" diversity agreements with Comcast that worked to the detriment of Entertainment Studios.
BUSINESS
February 24, 2015 | By Jane M. Von Bergen, Inquirer Staff Writer
Lots of companies mount ambitious programs to hire college graduates, but the Graham Co., an insurance and risk-management company, takes a different approach. "As a rule, we don't hire right out of college," said Kenneth L. Ewell, 57, Graham's president and chief operating officer. Question: Why did Graham adopt that philosophy? Answer: You just have a higher degree of success [if] they've worked someplace else, and they have a little bit of context and they have some basis to judge Graham against.
BUSINESS
February 23, 2015 | By Bob Fernandez, Inquirer Staff Writer
The names some cable customers are being called after contacts with the companies that provide them services can be staggeringly profane: scatological and sexual, with allusions to body parts and perverted acts. They are often mailings of things like bills. Almost all of the names defy mention in a news story, but for some sense of it, here is one of the more temperate ones, received by a female Comcast customer: Super Bitch, which was first reported in the Chicago Tribune earlier this month.
NEWS
February 20, 2015
L ALIT KALANI, 31, of Bella Vista, co-founded Bandar Foods, which premiered its Indian hot sauces on Kickstarter in 2012. The sauces, sold at Whole Foods and other retailers, are inspired by Indian condiment flavors like spicy mango and mint cilantro. Kalani oversees production, while co-founder Dan Garblik, 32, of San Francisco, heads marketing. I spoke with Kalani. Q: How'd you and Dan come up with the idea? A: We were MBA classmates at Wharton. Dan went to an Indian restaurant here and asked for hot sauce and got Tabasco.
NEWS
February 19, 2015 | By Jane M. Von Bergen, Inquirer Staff Writer
A Chester County company that assembles surgical carts used in medical facilities faces more than $42,000 in fines for exposing workers to chemical hazards, the U.S. Labor Department said Tuesday. Following a complaint in September, the U.S. Labor Department's Occupational Safety and Health Administration found that Seitz Technical Products in Oxford did not properly label hazardous chemicals, provide eye wash stations, train employees in use of hazardous chemicals or maintain a library of chemical safety sheets.
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