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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.
NEWS
July 23, 2015 | By Julia Terruso, Inquirer Staff Writer
Four Israeli companies plan to open offices in Philadelphia, Mayor Nutter said Tuesday, following his return from a three-day business visit to Tel Aviv. The trip was a continuation of a trade mission in November 2013 and this time included a stop in Frankfurt, Germany. Nutter signed a sister-city agreement with Frankfurt - Philadelphia's first in 23 years - before traveling to Tel Aviv, which has been a sister city to Philadelphia since 1967 and is also a sister city to Frankfurt.
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.
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.
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.
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
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
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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BUSINESS
August 20, 2015 | By Harold Brubaker, Inquirer Staff Writer
A subsidiary of Philadelphia-based AmeriHealth Caritas was one of four companies selected by Iowa officials to participate in the management of the state's $4.2 billion Medicaid program, which serves about 560,000, officials announced Tuesday. AmeriHealth and the other winners - units of Anthem Inc., UnitedHealth Group Inc., and WellCare Health Plans Inc. - will compete statewide for Medicaid beneficiaries under the program, which starts Jan. 1, 2016. Iowa officials picked four of 10 health insurer applicants that completed the process.
NEWS
August 20, 2015 | BY MENSAH M. DEAN, Daily News Staff Writer deanm@phillynews.com, 215-854-4172
A MONTH AFTER the president of the Black Clergy of Philadelphia and Vicinity announced it had found no evidence of racial discrimination on the part of the company that plans to build a casino in South Philadelphia, the allegations were raised anew yesterday during a meeting of the City Planning Commission. Paula Peebles, chair of the Philadelphia Chapter of the National Action Network, told the 10-member planning commission that it was premature to be considering the Cordish Companies' Live!
NEWS
August 13, 2015 | Inquirer Editorial Board
With wages growing at the slowest rate in 33 years, the Securities and Exchange Commission's recent vote requiring publicly traded companies to report the ratio of chief executives' earnings to those of average workers should fuel discussion of income inequality and encourage companies to narrow the great divide. The pay-ratio rule is unfinished business from the five-year-old Dodd-Frank Wall Street Reform and Consumer Protection Act, and it was mightily contested by business interests.
NEWS
August 8, 2015 | By Walter F. Naedele, Inquirer Staff Writer
When her father, James Joye, died in 1972 at a relative's home in Columbia, S.C., Wilma Joye McConnell wanted to make sure that he had not taken all the family memories with him. So she, her brothers, and her sisters, all five of them, decided to hold an annual Labor Day weekend reunion for their extended family. It began that year "on my Uncle Joe's farm, a pretty big tobacco farm in Clayton, N.C.," Mrs. McConnell's son Mike said. In recent years, it had moved to the Garner (N.C.)
NEWS
July 23, 2015 | By Bonnie L. Cook, Inquirer Staff Writer
Jean Struse Wright, 97, of Philadelphia, who took over her husband's boat business after his death in the 1970s, died Tuesday, July 7, of dementia at Cathedral Village in Roxborough. Born in Philadelphia to Marian English and Rudolph Walton Struse, Mrs. Wright graduated in 1940 from what is now Drexel University, where she pledged Phi Kappa Phi and was captain of the rifle team. She married John Wright Jr., owner-operator of John Wright Boats Inc., in 1944. A year after her husband's death in 1972, Mrs. Wright took control of the company, at 328 W. Queen Lane in Germantown.
NEWS
July 23, 2015 | By Julia Terruso, Inquirer Staff Writer
Four Israeli companies plan to open offices in Philadelphia, Mayor Nutter said Tuesday, following his return from a three-day business visit to Tel Aviv. The trip was a continuation of a trade mission in November 2013 and this time included a stop in Frankfurt, Germany. Nutter signed a sister-city agreement with Frankfurt - Philadelphia's first in 23 years - before traveling to Tel Aviv, which has been a sister city to Philadelphia since 1967 and is also a sister city to Frankfurt.
NEWS
July 17, 2015 | By Bonnie L. Cook, Inquirer Staff Writer
Trudy Cohen, 83, a photographer and longtime Center City resident, died Wednesday, July 8, at Thomas Jefferson University Hospital of a cerebral hemorrhage. Born in New York City, Mrs. Cohen graduated from Hunter High School there. She attended classes for three years at the University of Richmond in Virginia in 1952. In 1976, after marrying and moving to Philadelphia, Mrs. Cohen completed a bachelor's degree in photography from Moore College of Art and Design. From 1977 to 1994, she was the official photographer for the Opera Company of Philadelphia.
NEWS
July 16, 2015 | By Bonnie L. Cook, Inquirer Staff Writer
John M. Moon, 94, of Rosemont, a chocolate-company executive, churchman, sailor, and motorcyclist into his 80s, died Friday, July 3, at his home of causes due to aging. His life centered on service to Bryn Mawr Presbyterian Church and successive careers at Whitman's Chocolates and Godiva Chocolatier. A cheerful presence, Mr. Moon, known as "Jack," was loved by family and neighbors, churchgoers, and the merchants with whom he did business. "His sense of humor in regaling hilarious stories was contagious to all around him," his family said in a tribute.
NEWS
July 14, 2015 | By Tricia L. Nadolny, Inquirer Staff Writer
Mayor Nutter plans to travel to Germany on Tuesday to sign a "sister city" agreement with the mayor of Frankfurt, the first such pact Philadelphia has entered since 1992. From there he is scheduled to head to Tel Aviv, which signed its own sister-city agreement with Philadelphia in 1967. The six-day trip is part of an ongoing effort to draw international business interest to Philadelphia and, in Israel, to court companies that could base their U.S. headquarters in Philadelphia. "We've made it a priority to have Philadelphia become a more international global city," said Luke Butler, chief of staff to Nutter's deputy mayor for economic development, and a member of the delegation leaving Tuesday.
NEWS
July 7, 2015 | By Sarai Flores, Inquirer Staff Writer
Sydia Brown, 55, was released from prison in November 1998 after serving time for aggravated assault. After a six-month parole, she was referred to Baker Industries - where she's remade her life. "I didn't have to wait. I was hired immediately," said Brown, who started 16 years ago as a laborer. "It was very helpful to me to rebuild my life and not just get out of prison. " James Markel, 47, heard about the company through his parole officer and joined Baker Industries in 2010.
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