March 8, 2013 |
Data backup and protection provider PHD Virtual Technologies, of Philadelphia, said it raised $4 million in funding. The company said it secured $2 million in funding from existing investors, Insight Venture Partners and Citrix. Another $2 million in venture debt financing came from Wellington Financial L.P. The money will be used, in part, for expansion into Europe, and for product development.
March 4, 1989 |
A controversy is brewing in Congress over the huge American investment in troops overseas at a time of monumental U.S. budget deficits and a worldwide Soviet peace offensive. Both conservatives and liberals are eyeing the numbers and wondering why it is necessary, in a time of easing tensions, to maintain about 460,000 military personnel in foreign countries. It is one of those slumbering issues just below the political surface that is almost certain to catch fire before the current session of Congress ends.
May 12, 2013 |
NEW YORK - Small was beautiful this week. The Dow Jones industrial average closed above 15,000 for the first time Tuesday, then held above that milestone for the next three days. But an index of small-company stocks put the blue-chip gauge to shame for the week. On Friday, the Russell 2000 closed the week up 2.2 percent, more than double the Dow's gain. Small stocks stand a greater chance of surging than those of global companies do if the U.S. economy continues to fare better than those of Europe and Asia.
December 10, 1987 |
The United States has many more medium-range nuclear missiles in Europe than previously acknowledged, the Washington Post and the Boston Globe reported today. In a related report, the Los Angeles Times reported that the Soviets had told U.S. officials that about 200 of their medium-range missiles, earlier described as operational, were really just training missiles and that many were filled with concrete. Many of the those missiles apparently were built to deceive U.S. spy satellites, the newspaper said.
August 25, 2010 |
Mary Dewane pondered a trip to Salzburg, Austria, the last five summers, but the value of the dollar compared with the euro was too costly - until this summer. With a more favorable currency exchange rate, Dewane flew from Phoenix to Philadelphia this week on the way to Munich, Germany, and then by train to Austria, to visit her son who is working at the Salzburg music festival. "The other years, it was too expensive," said Dewane, standing at the US Airways Group Inc. ticket counter at Philadelphia International Airport.
September 29, 1997 |
Seve Ballesteros, praised and criticized by his players for his hands-on captaincy of Europe's winning Ryder Cup team, won't do it again. At least for a while. Minutes after Spanish King Juan Carlos II called to congratulate him for guiding Europe to victory over the United States, Ballesteros said he wouldn't be back as captain for the next Cup in 1999. Instead, he wants to qualify for the team as a player. "I'm not going to be the captain in 1999 because I want to get my game back," he said.
August 4, 2008
SINCE Barack Obama made his trip to Europe, I've heard complaints about how "he's presuming to be president" or "he's running for president of Europe," but doesn't anyone understand the simple, real reason? He's showing the American people that he can be diplomatic to the rest of the world. Like it or not, America is not alone in this world, America can't survive on its own, and America doesn't get one shred of the international respect it had eight years ago. Showing he can be diplomatic to foreign nations is of the utmost importance in this election because little King Georgie's "go it alone" approach has isolated the U.S. I'm not as scared of terrorists as half of you yellow-bellied Republicans, and I don't see the need to utterly destroy our own country in the name of security.
August 17, 1994 |
He's 27 now, searching for a place to play. At the Media Boys Club last night, Rodney Blake convinced many in the stands, at least, that his talents are still marketable. Blake, who played at St. Joseph's and led Monsignor Bonner to back-to-back Catholic League titles in the early 1980s, proved to be the difference in leading Radano & Associates to a 91-87 overtime victory over Shorter AME in the championship of the Media Men's League. Blake was selected the MVP of the championship after leading Radano with 24 points.
May 19, 2013
Mary Stevenson Cassatt was one of the first American-born Impressionist painters. Though we often associate her with Philadelphia, she was born in 1844 in Allegheny City, Pa. (now part of Pittsburgh), and lived most of her life in Paris. Cassatt spent much of her youth in Europe. Her Philadelphia connection began in the 1860s, when she studied at the Pennsylvania Academy of the Fine Arts. She was one of a group of female students who helped to introduce "life" classes - those dedicated to drawing from live models - by posing for one another.
September 2, 2003 |
Lester Alfred Waters, 89, whose World War II service in Europe sparked an appreciation of cultural and ethnic diversity that he brought home to his job, his civil-rights work, and his seven children, died Wednesday of the effects of a stroke. Mr. Waters, a longtime resident of West Philadelphia, died at the Penn Center for Rehabilitation and Care after suffering a massive stroke Aug. 16. Though he dropped out of high school, Mr. Waters never stopped learning and impressed his value of education on his family, recalled Bertha Waters, his wife of 59 years.