July 15, 2015 |
If Pennsylvania closed gaps in student achievement, the payoff would be enormous, according to a study released Monday. Had the Commonwealth wiped out achievement shortfalls based on race and ethnicity, family economic status, and parental education a decade ago, its gross domestic product would be as much as $44 billion higher and its students would sit near the top of U.S. and world rankings, according to the analysis by the RAND Corp. The study, commissioned by Temple University's Center on Regional Politics, found that each group of Pennsylvania students stands to gain up to $5.1 billion in lifetime income earnings and overall benefit to society if graduation-rate gaps fall away.
June 26, 2015 |
Ruth Muscal, 79, of Penn Valley, an accomplished Israeli citizen who spent much of her adult life here, died Thursday, June 11, in Tel Aviv. She had long been ill with dementia. Mrs. Muscal was the wife of Zvi Muscal, and the couple arrived to Philadelphia in 1979 when he was in charge of establishing a branch of Bank HaPoalim here. The Muscals fell in love with the city, and he founded First Executive Bank, then on Walnut Street. Several years ago, the Muscals returned to Tel Aviv.
April 7, 2015 |
Kerry Walters Jr. might not be attending the University of Pennsylvania without the help of the Marine Corps Scholarship Foundation. It would have been too costly. His family's finances were stretched thin, partly because his father, a Marine, was wounded during the Vietnam War and his earning ability was affected by deteriorating health. But the foundation came to the rescue, as it has for nearly 33,000 others since it was established in 1962. It provides Walters $2,500 a year, over and above other grants and financial aid. "By lifting some of my financial burden, the scholarship has allowed me to worry a bit less about financing my education and has given me more time and energy to dedicate towards school," said Walters, 25, a sophomore and mathematics major who grew up in Chaska, Minn.
March 17, 2015 |
Center City-based Morgan Lewis, the largest law firm in the U.S. in terms of lawyers based domestically, is growing again, this time overseas. The firm said Sunday it was combining with the Stamford Law Corp., an 80-lawyer firm based in Singapore, a booming commercial hub and island nation with a large footprint in shipping, manufacturing, and financial services. The announcement follows by four months Morgan Lewis' acquisition of much of the Bingham McCutchen law firm of Boston, a transaction that vaulted Morgan into the top ranks of firms globally.
March 13, 2015 |
The Pennsylvania Public Utility Commission on Wednesday approved the spinoff of PPL Corp.'s generation and pipeline assets. The approval resolves one regulatory impediment to the spinoff, which involves the combination of PPL's assets with those of Riverstone Holdings L.L.C. into a new publicly traded entity, Talen Energy Corp. PPL shareholders will own 65 percent of Talen. PPL Electric Utilities, which provides electric distribution service to approximately 1.4 million customers in Pennsylvania, is not affected by the transaction.
February 27, 2015 |
Penn Virginia Corp., the Radnor oil and gas exploration company, reported an adjusted fourth quarter loss of $25.4 million, or 35 cents per share. Analysts surveyed by Bloomberg had anticipated a loss of 10.5 cents per share. The company, which reported earnings Wednesday after markets closed, reported product revenues of $101.4 million, or $51.73 per barrel of oil equivalent, compared to $141.9 million, or $67.91 per barrel a year ago. A Bloomberg consensus of 16 analysts had anticipated sales of $137.6 million.
January 14, 2015 |
If you're an AmeriCorps or Peace Corps alumnus, the City of Philadelphia is looking to hire you. Starting this month, Philadelphia will award up to 5 points on its 100-point civil service exam for alumni of national service programs AmeriCorps and the Peace Corps. Mayor Nutter made the announcement along with Wendy Spencer, CEO of the Corporation for National & Community Service, a federal agency which oversees AmeriCorps. "These individuals, through their service, create critical thinking skills, demonstrate leadership qualities, responsibility and they become the kind of invaluable workers that any employer would want," Nutter said.
December 19, 2014 |
Responding to criticism of the Eagles' wide receivers, Jeremy Maclin took to social media on Monday morning, posting a graphic that showed where the team's top three receivers rank among other trios in the NFL. They are No. 4 in receptions, No. 7 in yards, and No. 5 in touchdowns. But 44 percent of the catches, 53 percent of the yards, and 55 percent of the touchdowns have come from Maclin. There is no dispute about his production, which has put him among the top receivers in the NFL. It's the other pieces that draw more scrutiny.
November 9, 2014 |
A bioterrorist attack has exposed a swath of Philadelphia to anthrax and thousands of residents need antibiotics to try to ward off the deadly bacterial infection. That scenario was part of Saturday's training session for nearly 200 new volunteers with the Philadelphia Medical Reserve Corps. "Imagine 20,000 Philadelphians coming through here, getting medications" for anthrax, said physician Steve Alles, standing in the gymnasium of the University of the Sciences in Philadelphia, where the training exercise was held.
November 1, 2014 |
Edward F. Crawford Sr., 86, of Drexel Hill, a decorated U.S. Marine Corps officer, died Sunday, Oct. 26, of complications from a stroke at home. A chief warrant officer-3 known to his buddies as "Gunner," Mr. Crawford retired from the Marine Corps Reserve in 1985 after serving for many years. As an infantry unit leader during the Vietnam War, he was wounded twice and awarded two Purple Hearts. "His funeral will be attended by Marines coming in from all over the country. He is so widely respected by the Marine Corps," said Bill Rafferty, a family friend and fellow military man. The Marine Corps tradition runs in the Crawford family.