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BUSINESS
November 24, 2014 | By Diane Mastrull, Inquirer Staff Writer
In Greek mythology, she is the goddess of war and wisdom. In Philadelphia's University City, Athena is a more earthly vessel, taking shape to make warriors of female entrepreneurs. DreamIt Athena is a rare business accelerator, exclusively for companies with at least one female founder. Announced this month and accepting applications until Dec. 8 at https://app.wizehive.com/appform/login/2015philly , the program to help women turn their ideas into fundable businesses with growth potential will launch in February with its first cycle of participants, a minimum of four companies.
NEWS
November 21, 2014 | By Howard Gensler
RESISTANCE is futile. Legalized pot is coming. How does Tattle know? Because according to London's Channel 4 News, the family of Bob Marley has teamed up with a private-equity firm to launch Marley Natural. Once Wall Street sees potential profits and tells politicians to jump, the politicians answer the perfectly applicable, in this case, "How high?" (Marley Natural, by the way, was the reggae king's favorite strain of weed, but the brand will also include skin creams, lotions, balm and accessories.)
NEWS
November 16, 2014 | By Chris Mondics, Inquirer Staff Writer
Call it a kind of law-firm Darwinism. A few years ago, it was possible to read any number of reports pronouncing the death of Big Law. Mammoth firms were too inefficient, too slow, and - most important for their clients - too expensive. And it is true, ever since the 2008 financial crisis caused corporate America to rein in its legal spend, some very big law firms have bit the dust. But the Morgan Lewis & Bockius L.L.P. announcement Friday that it plans to acquire much of Boston-based Bingham McCutchen also suggests some law-firm heavyweights will thrive in an era of tighter legal budgets and tougher competition.
NEWS
November 15, 2014
  V ICKI SACK, 43, of Ardmore, and Mikal Harden, 38, of Kensington, co-own Juno Search Partners in Center City. The fast-growing firm provides placement services for human resources, administrative support, accounting and finance, and IT professionals to companies in the region. I spoke with Sack. Q: How'd you come up with the idea for the biz? A: Mikal and I both worked in the recruiting business, competed against each other and had some of the same clients and [job]
BUSINESS
November 11, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
"That little junk dealer from Jenkintown has built a multi-billion-dollar entity in New York," Bucks County-based broker and investment adviser Austin Dutton said of real estate mogul Nicholas Schorsch . "From Old York Road to Park Avenue. " Schorsch, whose family made its fortune in the scrap-metal business, is chairman of American Realty Capital Corp. , landlord to some of the biggest U.S. companies. He also is the head of investment bank and brokerage RCS Capital Corp.
BUSINESS
November 9, 2014 | By Paul Nussbaum, Inquirer Staff Writer
One of the flash points in the fight over Uber's high-tech, innovative, disruptive arrival in Philadelphia is old-fashioned auto insurance. When riders use a smartphone app to summon UberX - a private car with a private driver - how are they protected in case of an accident? Uber says it provides $1 million in coverage for its passengers and drivers, much more than traditional taxis do. Regulators in Philadelphia and Harrisburg contend the ride-share company relies too heavily on drivers' personal insurance policies and doesn't fully protect the public.
NEWS
November 6, 2014 | By Walter F. Naedele, Inquirer Staff Writer
William R. Henry didn't limit his construction expertise to South Jersey. In 1988, Mr. Henry "went to Iquitos, Peru, to help build a school building for deaf children in conjunction with Shawnee Baptist Church and the ABWE Mission," his biographical notes report. The church is in Shamong and the Association of Baptists for World Evangelization is in Harrisburg. And in 1990, "Bill went to Honduras with Wiley Church and the WGM Mission to help rehab a building to be used at the El Sembrador Farm School for boys," the notes state.
BUSINESS
November 4, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The decadeslong consolidation of local cable TV firms into a few national networks led by Comcast Corp. has squeezed local outfits that used to wire customers for cable, according to a Philadelphia Common Pleas Court lawsuit by two Pennsylvania firms. Cable Line Inc. and McLaughlin Communications Inc. accuse Comcast Cable Communications of Pennsylvania Inc. of enticing them and other local operators to hire and train workers, add offices, borrow money for trucks and equipment - "only to abandon those firms once they had been induced to create the infrastructure necessary for Comcast's expansion," according to the lawsuit.
NEWS
November 1, 2014 | BY JENNY DeHUFF, Daily News Staff Writer dehuffj@phillynews.com, 215-854-5218
IN A rare move, City Council President Darrell Clarke skipped caucus yesterday and dodged the press all morning, anticipating the third degree on PGW. There had been murmurings that a Council member would introduce the mayor's bill to sell PGW to UIL Holdings of Connecticut. But that proved only rumor. "I don't have any second thoughts," Clarke later said of his decision to nix Nutter's bill on the sale of PGW. "Not only did we say that that particular proposal was very narrowly tailored and not sufficient for passage by this particular Council, but we also outlined a path for creating a true energy hub. " Despite intense lobbying from interests on behalf of the Nutter administration and various stakeholders in PGW, no one was willing to go against the Council president and introduce a bill.
BUSINESS
November 1, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
Struggling to keep her tears under control, Cleotilde Tiacopilco described a day on the job at Olympic Linen & Laundry Service in Lansdowne: Start at 8 a.m., clean 5,000 napkins, put them in a machine, then count and pack them. Finish by 6 p.m., then spend the next hour or so cleaning the office and the bathroom. Her pay over 12 years? No overtime and $5 an hour until November 2013, when she got a raise to $6.50, she said at a news conference held in City Hall on Thursday to announce the filing of a wage-and-hour lawsuit against the company.
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