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BUSINESS
May 20, 2016 | By Jacob Adelman, Staff Writer
German supermarket giant Lidl is building up a real estate team in Philadelphia, establishing the city and environs as a beachhead in its aggressive U.S. expansion, the company's first foray outside Europe. The discount chain, a unit of the Schwarz Group grocery conglomerate, is seeking an acquisition manager and three other real estate staffers in the city, according to its U.S. website. Another acquisition manager is being sought in Pittsburgh, while more than a hundred additional slots are open - for jobs ranging from store managers to human-resources personnel - in a strip of East Coast states between Virginia, where Lidl U.S. is headquartered in Arlington, and Georgia.
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
January 25, 2016
The amount spent by pharmaceutical firms, medical-device manufacturers, and other life-sciences companies for the regulatory guidance to move products to market is estimated at a staggering $20 billion to $30 billion a year. Time spent on the work is typically a big number, too - more accurately measured in months, not minutes. In that, Priya Bhutani saw business opportunity. She launched RegDesk in November 2014 to provide, in part, a marketplace to crowd-source regulatory consultants who would help medical-device and pharma companies launch their devices and drugs faster in more than 170 countries.
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.
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
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.
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
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.
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.
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NEWS
September 22, 2016 | By Chris Palmer, Staff Writer
The parent company of the Inquirer, Daily News, and Philly.com reached a settlement agreement Tuesday with the former board chairman of the Convention Center, who had sued for libel and slander over a 2011 Inquirer article that incorrectly reported allegations about him contained in a federal lawsuit. Financial terms of the settlement were not disclosed by attorneys for Philadelphia Media Network or for the plaintiff, Thomas A. "Buck" Riley Jr., but both sides said the Inquirer's editorial section would publish a statement at an undetermined future date to address the issues with the original story.
BUSINESS
September 18, 2016
Name: Delaware Valley Floral Group Inc., founded in 1959. Family-owned. Headquarters: Sewell. Employees: 500, 2 to 3 times that at Valentine's Day, Mother's Day, Easter, Thanksgiving, Christmas. Revenues: $160 million to $170 million. Flower source: 50 percent from Colombia, Ecuador. For sale: 8,000 flower and floral hard-good varieties.
NEWS
September 13, 2016 | By Michaela Winberg, STAFF WRITER
Paul B. Schimmel, 91, a World War II veteran who served as an infantryman in the Battle of the Bulge and was twice awarded a Purple Heart, died Thursday at the Sunrise Senior Living Facility in Haverford. Mr. Schimmel served in the Battle of the Bulge from Dec. 16, 1944, to Jan. 25, 1945, and spent some of his time in the Army helping refugees in camps in France. Although he "saw some real atrocities there," said his oldest son, Rob Schimmel, "one of his great pleasures was reliving the war, because it gave him an appreciation" for what he had in peace time.
NEWS
September 9, 2016 | By Melanie Burney, Staff Writer
Using her neatly manicured hands as a guide, Denise Baylor expertly manipulated a piece of camouflage fabric through a sewing machine to make an eyelet. She made it seem easy. But it took years of training and practice for Baylor, who lost her sight in 1983, to perfect the technique. "I didn't think I could do this without seeing," said Baylor, 60, of Deptford. "It's not bad. I like it now. " Baylor is among 82 blind and visually impaired employees at Bestwork Industries for the Blind in Cherry Hill.
NEWS
September 8, 2016 | By Robert Moran, STAFF WRITER
Miriam H. Herr, 89, wife of the late founder of the snack maker Herr Foods Inc., died Sunday, Sept. 3, from heart and respiratory failure at Jennersville Regional Hospital in Chester County. In 1946, James S. Herr bought a small potato-chip company in Lancaster for $1,750. From when she was his fiancee, Mrs. Herr helped with deliveries, packing, and bookkeeping in those early years, said son James M. The company, based in Nottingham, Chester County, generates $250 million in sales annually and employs more than 1,500 people.
ENTERTAINMENT
September 7, 2016 | By A.D. Amorosi, For The Inquirer
For more on the 2016 Philadelphia Fringe Festival, check out our guide to the curated and non-curated shows . At Life Do Grow, the concrete-and-grass farm at 11th and Dauphin Streets in North Philly, fruit and vegetable gardens are built and grown while conversations are hatched regarding freshly farmed food and the concerns of sustainability. For the FringeArts festival starting Thursday, however, all manner of niceness goes out the window when the Renegade Company hits the fields and stalks.
REAL_ESTATE
September 5, 2016 | By Alan J. Heavens, Staff Writer
One in a continuing series spotlighting real estate markets in the region's communities. It's high time we headed over to East Whiteland for a visit. After all, without this 11-square-mile Chester County community, a good many folks in this region would be unemployed. There are so many corporate headquarters in East Whiteland that every weekday, between 9 a.m. and 5 p.m., the township's population of 10,650 increases by more than 23,000. Those companies include Cerner Corp.
NEWS
August 28, 2016
Authorities sent a hazmat team into a Burlington County building Friday that houses a manufacturing company, following a reported spill of an unknown substance. Dispatchers received a call around 10:35 a.m. about the incident at CVC Speciality Chemicals at 2890 Route 73 in Maple Shade. The spill was cleaned up by early afternoon, authorities said. One worker was injured when the spill occurred and taken to a local hospital, authorities said. The extent of the worker's injuries, and what type of substance had spilled, were not released.
NEWS
August 26, 2016 | Stephan Salisbury, CULTURE WRITER
Sara Garonzik, who has helmed the Philadelphia Theatre Company from its tentative days as a professional troupe in 1982 to its status as a well-regarded and highly visible anchor for the Avenue of the Arts, has decided to step down from her post as executive producing director. "This will be my 35th season and my last," said Garonzik, 65. "I tell people this, and they are surprised, and I am like, 'Really? It's been 35 years?' " Garonzik said she will stay on as long as necessary - until the national search for her successor is complete and the company's future is set. "I am not running out the door, I will work at least through the middle of the next season," she said.
NEWS
August 18, 2016 | By Andrew Seidman, TRENTON BUREAU
TRENTON - Gov. Christie offered his "unequivocal" support for Israel on Tuesday, signing into law legislation that prohibits the state Treasury Department from investing public employee pension funds in companies that boycott the U.S. ally. The law is a rejection of the "boycott, divestment, and sanctions" movement against Israel that Palestinians and other supporters launched a decade ago to, as the movement puts it, "pressure Israel to comply with international law. " "Unequivocal, unashamed, unapologetic support of Israel is the policy of the State of New Jersey - and should be the policy of the United States of America, and hopefully will be in the years going forward," Christie, a Republican, said at a Statehouse news conference.
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