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BUSINESS
July 7, 2014 | By Andrew Maykuth, Inquirer Staff Writer
Sunoco's good corporate name is taking a beating these days, as community activists and bloggers post snarky statements under headlines like "Sleazy Sunoco," linking the company to fracking and eminent domain. The trouble for Sunoco Inc., the Philadelphia company with nearly 4,900 retail fuel stations and convenience stores in 23 states, is that it has nothing to do with the cross-state pipeline project that has attracted fierce local opposition and has become embroiled in a contentious matter before the Pennsylvania Public Utility Commission.
NEWS
July 2, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
The U.S. Supreme Court dealt a blow to the Obama administration's signature health care law Monday, ruling that employers with religious objections can refuse to pay for their employees' contraception in twin cases brought by a Lancaster County cabinet manufacturer and one of the nation's largest craft supply chains. In their 5-4 decision, the justices recognized for the first time that for-profit business - such as Conestoga Wood Specialties, owned by a Mennonite family in East Earl, and Oklahoma-based Hobby Lobby - can exercise religious views derived from their owners.
REAL_ESTATE
June 30, 2014 | By Erin Arvedlund, Inquirer Staff Writer
The two friends would sit on the beach in Avalon, watching their children play in the sand and waves, and dream of how one day they would be designers with their own business. It was only a dream until Kathleen Cochet and Anne Flynn made it a reality in 2009, when they founded a pop-up design firm. One product, vintage-style subway signs printed on high-quality paper, sold like hotcakes - so well, the pair renamed their business MySubwaySign. But their company needed a home. And, as it came to pass, so did Cochet.
NEWS
June 27, 2014 | By Angelo Fichera, Inquirer Staff Writer
The West Deptford company believed responsible for the spread of chemicals in the water supplies of several Gloucester County towns said Wednesday that its testing of private wells showed only a handful had "quantifiable" levels of the contaminant. Solvay Specialty Polymers had agreed to test about 90 wells in West Deptford and East Greenwich, as local, state, and federal officials have turned their attention to the contamination. Of the identified wells, the results from 50 have been sampled and verified, Solvay said in a statement, and seven have detectable levels of the specific perfluorinated compound (PFC)
NEWS
June 26, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
John Norris Childs Jr., 91, of Wyndmoor and Philadelphia, a Navy veteran, businessman, and volunteer, died Wednesday, June 11, of dementia at the Falls Center, Hospice of Philadelphia. Mr. Childs was an owner and a vice president of Metalweld Inc., a company that did heavy industrial cleaning and maintenance of metal in the region and across the country. It started in East Falls and later moved to Oaks. Among the projects Mr. Childs worked on was the 1987 cleaning of the William Penn statue atop the City Hall tower.
NEWS
June 22, 2014 | By Susan Snyder, Inquirer Staff Writer
A proposal for the University of Pennsylvania to divest its $7.7 billion endowment from tobacco stocks died Friday without a vote by the board of trustees. Board chairman David L. Cohen said tobacco does not qualify as a "moral evil" - a criterion for divestment under Penn's policy - even though it causes serious health problems. "Let me be clear," Cohen said on the floor of the trustees meeting on campus Friday, "I am no friend of tobacco. I don't use tobacco products. I've never used tobacco products.
BUSINESS
June 21, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
ParenteBeard , a Philadelphia-based accounting firm that employs nearly 1,000 CPAs and staff at offices across Pennsylvania and in the New York area, Baltimore, and Dallas, has been in merger talks with Baker, Tilly, Virchow, Krause L.L.P. , a Chicago firm that employs 1,500, both firms confirmed Thursday after I called to ask about staff memos detailing the discussions. The proposal would result in ParenteBeard's being merged into the larger firm, under the Chicago firm's name and leadership.
NEWS
June 20, 2014 | By Vernon Clark, Inquirer Staff Writer
Christopher David Crafton, 49, of Upper Darby, a public relations and marketing specialist and a drummer in local bands, died Friday, June 13, at his home. The cause of death was pending, said David Faust of Faust Funeral Home in Penndel. Mr. Crafton was president of his own marketing company, Crafton Consulting in Upper Darby. He also had worked for Independence LED Lighting and MarketMakers Group, both in Wayne, and Ubiquity, a design and advertising firm in Philadelphia. In his spare time, Mr. Crafton, played drums in local reggae and rock bands.
NEWS
June 19, 2014 | By Michael Boren and Julia Terruso, Inquirer Staff Writers
After nearly six months of testimony and an exhausting presentation of bank documents, wiretap recordings, and PowerPoint slides, the mortgage-fraud trial involving Nicodemo Scarfo Jr., son of jailed Philadelphia mob boss Nicodemo "Little Nicky" Scarfo, is headed to jurors. Scarfo and alleged mob associate Salvatore Pelullo are charged with taking over the Texas-based FirstPlus Financial mortgage company and looting its shareholders of $12 million. A former CEO of the company and four lawyers who worked with the men were also charged.
NEWS
June 12, 2014
J ONATHAN BARSADE, 52, of Wynnewood, is founder and CEO of Exactor, an online provider of tax-compliance solutions for firms that do business in multiple states. Barsade, a former tax lawyer, started Exactor in 2006. He invested more than $1 million to get the business running. Exactor has 25 employees, mostly in Philly and Miami, and 5,000 clients. Q: How did you come up with the idea for Exactor? A: My background is as a tax attorney and I published a lot about the borderless environment the Internet was creating and e-commerce was still nascent.
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