May 23, 2013 |
JULIE Margaret Van Sciver seemed to thrive on high-risk adventure. Meg, as she was known to family and friends, left Philadelphia's cloistered atmosphere of private schools, benefits, horse shows and social climbing to pursue often risky adventures in many corners of the globe. On May 12, she was paragliding over Lookout Mountain in Colorado when she fell 40 feet. Emergency personnel took her off the mountain that afternoon, and she was taken to St. Anthony Hospital in Lakewood, Colo.
May 22, 2013 |
NEW YORK - Small-company stocks were a bright spot in a slow and choppy start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average, the Standard & Poor's 500 index, and the Nasdaq composite index all edged lower. Small stocks are doing well because they are more focused on the United States, which is recovering, and less exposed to recession-plagued Europe than the large international companies that make up the Dow and the S&P 500. The gains for smaller companies are encouraging for the broader market because they show that investors are becoming more comfortable about the economy and investing in riskier assets, said Rob Lutts, chief investment officer at Cabot Money Management.
May 21, 2013 |
In this digital world, old-industry companies can be busier than ever. "We're running around the clock," said Nicholas Maiale, second-generation owner of Inserts East Inc. on industrial-heavy Central Highway in Pennsauken. The company is printing circulars and newspaper insert ads for ShopRite, Dick's Sporting Goods, Duane Reade drugstores, Mealey's Furniture, Five Below Inc., and other retailers. Maiale has hired 30 workers in the last several months, boosting total employment above 200. They staff a rebuilt eight-unit Heidelberg Harris 36-inch heatset press line and two folding machines, financed with a $5 million loan from TD Bank.
May 21, 2013 |
Editor's Note: The opinions and analysis expressed here reflect the views of the authors alone, and do not necessarily reflect the views of TD Bank, N.A. or its affiliates. Kip Anthony was a farm boy from the Midwest who went on to become a mechanical engineer at big companies doing big things. His work included preserving the rich sound of Steinway pianos, reconfiguring jet engines to move oil and gas through pipelines, and - curse him, if you must - creating aircraft seating.
May 16, 2013
B ILL GLAAB, 29, and Courtney Apple, 27, a married couple living in Washington Square West, founded Hand in Hand Soap in 2011 in Fishtown. The company's bar soap is sold in 225 stores in North America and Europe, the biggest retailer being Anthropologie. To date, Hand in Hand says, 65,000 bars of soap have been donated to children in Haiti. Apple, an Ardmore native, oversees marketing; Jersey native Glaab handles finances. I spoke with Apple. Q: How did you come up with the idea for Hand in Hand?
May 12, 2013 |
Calvin G. Connett, 93, who retired as a Philadelphia regional sales manager for Pitney Bowes, the manufacturer of postage meters and computer software and hardware, died of a heart attack Monday, May 6, at his home in Cinnaminson, where he had lived since 1973. Born on Staten Island, N.Y., Mr. Connett worked for Pitney Bowes after graduating from high school. He served in the Army from May 1941 to November 1945, mostly in a supply unit. A son-in-law, John McElhinney, said Mr. Connett landed in France 10 days after D-Day and fought in Bastogne during the Battle of the Bulge.
May 11, 2013 |
NEWARK, N.J. - The location of the trees that Joyce Kilmer wrote were more lovely than any poem has long been in dispute, with a handful of towns from Massachusetts to Indiana claiming to have inspired the verse. But a New Jersey historian said he now has irrefutable proof that Kilmer was stirred by the woods of the Ramapo Valley when he wrote the well-known words, "I think that I shall never see a poem as lovely as a tree. " Alex Michelini, founder of the Joyce Kilmer Society in Mahwah, said Friday that a letter written in 1929 by Kilmer's widow, Aline, to a graduate student shows that "Trees" was written on Feb. 2, 1913, at the couple's former home in Mahwah.
May 10, 2013 |
After serving as a teenage Army sergeant during World War II, Alfred Ciccotelli returned to South Philadelphia to help his parents run their grocery store at Seventh and Montrose Streets, two blocks east of the Italian Market. It was a modest-enough life that he lived above the store with his parents, who had emigrated from the regions of Abruzzi and Campania. But in 1963, he founded what has become the nationwide Italian food importer and distributor of Cento Fine Foods, headquartered in West Deptford, a firm that now employs more than 150 workers.
May 8, 2013 |
AN OFFICE OF the Inspector General investigation found that 10 more companies working with the Philadelphia Housing Development Corp. had been using a sham subcontractor to meet minority-participation requirements. The prime contractors made it appear as if JHS and Sons Supply Co., a minority-owned firm, was getting a substantial portion of the business. In fact JHS was just acting as a "pass-through" for the money to get to another company, William Betz Jr. Inc., that was actually doing the subcontracted work.
May 7, 2013 |
With its top-flight medical schools, hospitals, and pharmaceutical industry, Philadelphia has long been fertile ground for health information technology start-ups. More recently, there has been a lot of effort in the region to nurture "green" technology firms focused on reducing energy use and promoting renewable energy sources. If the University of Pennsylvania's Bobbi Kurshan gets her way, education technology will be the next sector locally to produce growing businesses.