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Family Business

BUSINESS
July 23, 2013 | By Jay Hancock, KAISER HEALTH NEWS
Like businesses across the country, Angelo's restaurant has been recovering from a miserable economy, a load of debt, and a bottom line that until recently was the color of its special marinara sauce. So owner Michael Passalacqua probably speaks for many when he expresses relief about the decision to delay enforcing until 2015 the Affordable Care Act's mandate for employer health insurance. That was one challenge he didn't need next year, he said. He's glad for the extra time to figure out whether his Washington, Pa., restaurant must conform to the law and, if so, how. "It's nothing but a noose hanging right over my head," Passalacqua said.
NEWS
July 16, 2013 | By Jun-Youb "JY" Lee
Despite our vast differences in fortune and allegiance, I have a little in common with Kim Jong-un. Twenty miles south of his 25 million-population hermit kingdom, my family runs a 25-employee botanical garden. Like Kim, who inherited a dynasty from his father a year and a half ago, I am expected to assume the family business upon graduation. To groom me for leadership, my parents sent me to private schools in New Zealand and America. Kim's parents sent him to a private school in Switzerland.
NEWS
July 13, 2013
Douglas Dayton, 88, who led the transformation of a family department store into retailing giant Target Corp., has died. His wife, Wendy, confirmed his death Sunday, saying he died Friday after a long battle with cancer. Mr. Dayton, of Wayzata, Minn., was the youngest of five sons who took over the family's Minneapolis department store from their father, George, in 1948. Douglas Dayton started working in the family business after serving in an Army infantry division in Europe during World War II, where he was injured and received a Purple Heart.
NEWS
July 4, 2013 | By Bonnie L. Cook, Inquirer Staff Writer
Joseph J. McGoldrick, 89, a Jenkintown funeral director for many years, died Saturday, June 29, of heart failure at his residence. He was owner-operator of the Joseph J. McGoldrick Funeral Home, founded by his father, also Joseph J., in 1900. The home was always on or near West Avenue. Born and raised in Jenkintown, he graduated from Immaculate Conception School in 1938 and North Catholic High School in 1942. Tall, tough, lanky, and lefthanded, he was an outstanding pitcher on his high school varsity baseball team.
NEWS
May 17, 2013 | BY GARY THOMPSON, Daily News Staff Writer thompsg@phillynews.com, 215-854-5992
CAPITALIST morality tales about men in expensive suits in corner offices are commonplace, but "At Any Price" is a different animal. Here, the capitalist in question drives an air-conditioned super-tractor, and runs a commercial farming operation as large and complex - and as predatory - as any business you can name. His name is Henry Whipple (Dennis Quaid), a back-slapping businessman whose ingratiating smile, folksy plaid shirts and pressed jeans disguise a fairly ruthless set of business principles.
BUSINESS
May 7, 2013 | By Diane Mastrull, Inquirer Columnist
In even the most functional family, there can be a painful something that triggers a strong emotional response, despite the passage of time. For the Benders, it's the digital camera. "Digital killed the family business," Ben Bender says. Yet digital just might be the route to a family-business revival, as well. Bender has become the region's only franchise owner for TapSnap, a social-media-equipped replacement for the party photo booth. To fully appreciate this cycle of commercial irony - a primary motivator of which was his cancer scare three years ago - a little history is required.
ENTERTAINMENT
May 7, 2013 | By Tirdad Derakhshani, Inquirer Staff Writer
With legendary film auteur John Cassavetes as their father and Oscar-nominated actor Gena Rowlands as their mom, it must have seemed inevitable that at least one of the Cassavetes children would become a filmmaker. But all three? Alexandra "Xan" Cassavetes laughs when asked if film was a destiny pre-written for the Cassavetes brood: The 47-year-old writer-director's brother Nick, 53, and sister Zoe, 42, are also directors. Cassavetes this week follows up her 2004 documentary, Z Channel: A Magnificent Obsession with the vampire love story Kiss of the Damned . "I didn't plan to be a director until I was 35. For years I wanted to do anything but!"
NEWS
April 28, 2012 | By Vernon Clark, Inquirer Staff Writer
Max Reisman, 98, the former chairman and chief executive officer of a South Philadelphia-based pretzel company who is credited with creating the peanut-butter-filled pretzel nugget, died Monday, April 23 at his daughter's home in Kingston, Pa. Mr. Reisman, who lived in Highland Beach, Fla., formerly lived in Wynnewood. He was born on Sept. 18, 1913. in South Philadelphia, a son of Jacob and Eva Reisman and the youngest of five brothers and one sister. Mr. Reisman was a graduate of Overbrook High School.
NEWS
March 23, 2012
Murray Lender, 81, who helped turn his father's small Connecticut bakery into a national company credited with introducing bagels to many Americans, died Wednesday at a hospital in Miami from complications from a fall, his wife, Gillie Lender, said. The couple, who were married more than nine years, lived in Aventura, Fla., and also kept a home in Connecticut. Mr. Lender was perhaps best known from promoting Lender's Bagels in TV commercials. "He was courageous, strong and an example to everyone to show how one should go through life with a vision, ambition, a goal and with success," Gillie Lender said.
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