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NEWS
October 12, 2014 | By Robert Calandra, For The Inquirer
  In June, Anthony Capone said he liked his AmeriHealth Medicare Advantage plan so much he persuaded his 89-year-old mother and aunt to make the switch. Things were going along fine until recently, when the Mount Laurel businessman's renewal notice arrived in the mail. He opened the package and was taken aback. His monthly premium had spiked to $62 a month, a $23 rise. Other fees - in-hospital co-pay (up to $175), Part D deductible ($25), and ambulance ($100) - have also risen.
BUSINESS
October 9, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The Biddle Building at 1217 Sansom St., investor Leonard Thylan 's former jewelry factory, was supposed to be part of a boutique hotel that never got built. Instead, it has been renovated and won new life as a home to tech and creative companies. Enterprise-mobility software-maker CloudMine , once a tenant at The Inquirer's digital incubator, is taking a floor at the Biddle. Branding agency At Media is taking half of another floor. So is ad and marketing agency Ark Ideas , and several more firms are in talks, say the brokers at the PernaFrederick real estate agency, which represents some of the new-era firms where workers seem to care more about bike lockups than car garages.
NEWS
October 8, 2014 | By Michael Boren, Inquirer Staff Writer
The Michael J. Fox Foundation for Parkinson's Research is suing a Camden nonprofit, saying it compromised nearly 26,000 research tubes when a freezer door was left open in March. The tubes of blood and other fluids were stored at the Coriell Institute for Medical Research along Haddon Avenue, and would have been used to study the causes of Parkinson's disease, according to the lawsuit. It was filed Friday in U.S. District Court in New Jersey. Fox's foundation, according to the suit, signed two contracts - one in 2010, the other 2011 - worth a combined $4.3 million to store the tubes at Coriell.
BUSINESS
October 3, 2014 | By Chris Mondics, Inquirer Staff Writer
Jami Wintz McKeon officially took over as chair of Morgan Lewis & Bockius L.L.P. on Wednesday, making it the largest law firm in the United States headed by a woman. McKeon will maintain her litigation practice and continue to advise large financial-services industry clients on complex regulatory and legal issues, the law firm said. "We built this firm on long-standing, deep relationships with our clients," McKeon said. "That's something that will not change under my stewardship at Morgan Lewis.
NEWS
October 2, 2014 | By Chris Mondics, Inquirer Staff Writer
Was it all merely a coincidence? One of the most salient and disturbing facts to emerge within hours of the Sept. 11, 2001, attacks was that 15 of the 19 terrorists were from Saudi Arabia. Without once mentioning Saudi Arabia, President Obama spoke at length last Wednesday before the United Nations about the need to crack down on extremist ideologies emanating from the Middle East. But 13 years after the attacks, evidence continues to point not only to the involvement of Saudi extremists and terrorism financiers in the 9/11 attacks, but also perhaps to elements of the Saudi government itself.
BUSINESS
September 30, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
What's with the accounting industry? Every company needs outside bean-counters to audit the books, trim taxes, and help make a case for tough decisions. But you need a chart to keep track of them all, the way local firms have joined, split, and been replaced. Ten years ago, Robert Ciaruffoli moved his office and his home to Society Hill from northeast Pennsylvania with the goal of building the firm now known as ParenteBeard L.L.C. into a formidable player, from New York to Washington.
BUSINESS
September 25, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
A Philadelphia-based farm-labor contractor failed to pay minimum wages to 125 temporary nursery workers, according to a lawsuit filed against the contractor by the U.S. Department of Labor. The workers, employed by Heng Heng Agency Inc. and its president, Visith Oum, cultivated nursery stock at Medford Nursery Inc. in Medford, the department said. A nursery official was unavailable for immediate comment, and a phone number for Heng Heng was inoperative. "Visith Oum, who has served as the farm labor contractor in this case, has a history of labor law violations and employs vulnerable South Asian and Hispanic workers in the Philadelphia area," said Charlene Rachor, director of the U.S. Labor Department's Southern New Jersey District Office.
BUSINESS
September 25, 2014 | By Chris Mondics, Inquirer Staff Writer
Philadelphia's Morgan, Lewis & Bockius L.L.P. is moving closer to an acquisition of Boston-based Bingham McCutchen L.L.P., a combination that would create one of the largest law firms in the world. People familiar with the negotiations said leaders of the firms reached a tentative agreement over the weekend, but stressed that it had many conditions and that discussing the terms would take weeks. Both firms have been tight-lipped about the talks, which began this year, acknowledging only that a possible acquisition was in the works.
NEWS
September 24, 2014 | By Joseph A. Gambardello, Inquirer Staff Writer
Greenlee Partners suspended one of its top lobbyists Monday after his weekend arrest on sexual assault charges. Police said Andrew J. Marsico, 40, is charged with indecent, simple, and aggravated assault, unlawful restraint, and related offenses in stemming from an August incident in Center City involving a 27-year-old woman. He was arrested Saturday and released after posting $100,000 bail. In a statement Monday, Greenlee, which is based in Harrisburg, said Marsico, a senior associate, had been placed on administrative leave.
BUSINESS
September 24, 2014 | By Chris Mondics, Inquirer Staff Writer
Drinker Biddle & Reath L.L.P. said Monday that CEO and chairman Alfred W. Putnam Jr. will be succeeded by Andrew C. Kassner, effective Feb. 1. Kassner, who has been serving as executive partner at the firm and who has been deeply involved in its management for years, is one of Drinker's top bankruptcy and restructuring partners. "Andy was the natural choice," said Putnam. "He has been our executive partner, with extensive management responsibilities, for almost a decade, and our partners see him as an effective leader with the experience and expertise to guide the firm going forward.
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