August 6, 2015 |
Another insurer of taxicabs in the Philadelphia region is in financial trouble, threatening for the second time in less than a year the ability of some taxi owners to insure their cabs and of accident victims to collect for their medical bills. The Philadelphia Parking Authority, the regulator of taxi operations in the city, is declining to accept insurance renewals for Philadelphia cabs written by Pinelands Insurance Co. Risk Retention Group Inc., of Washington. Last year, 272 of Philadelphia's 1,600 cabs were insured by Pinelands, PPA spokesman Martin O'Rourke said Tuesday.
August 2, 2015 |
Penn National Gaming Inc., a casino operator based near Reading, said Friday it agreed to buy Prairie State Gaming, an Illinois company with 1,100 video gaming terminals at 270 bars and other locations in that state. The price was not disclosed, but Penn National, which operates three casinos in Illinois, said Prairie State had $10 million in operating cash flow in the 12 months ended June 30. Overall, Illinois had 20,730 gaming terminals at 4,965 establishments in June, according to the Illinois Gaming Board.
August 1, 2015 |
Quaker Chemical Corp., of Conshohocken, said Thursday it paid $32.4 million to acquire Verkol S.A., a specialty grease and lubricants manufacturer in Spain. Verkol had $33 million in revenue last year. Quaker, which also makes lubricants and other processing fluids used mainly in metal-processing industries, such as can-manufacturing and die-casting, had $766 million in 2014 revenue. Verkol employs 64. Quaker employed nearly 2,000 at the end of last year. firstname.lastname@example.org 215-854-4651 @InqBrubaker
July 31, 2015 |
The owner of an animal-control company has sued the Chester County SPCA and its director, alleging that they conspired to destroy his business with help from state officials. In the suit, filed in federal court Monday, Rahn Monrea'l, co-owner of Delaware County Animal Control, seeks more than $675,000. The private company contracts with municipalities to pick up stray animals and take them to the Chester County shelter. Monrea'l alleges that the shelter and its director, Adam Lamb, arranged with dog-law officials to bring criminal charges of seizure and detention of dogs last month against his company.
July 29, 2015 |
When Big Pharma cuts jobs and outsources work, as it often does, that creates an opportunity for other firms to grow. Marken has jumped into such a breach, taking over a link in the vast drug supply chain that begins in the lab and ends with drugs going into a patient. The company is focused on the delivery and care of temperature-sensitive products. About two-thirds of new drugs are expected to need cooling. So the Durham, N.C.-based Marken is opening a site in Aston to be near Philadelphia International Airport.
July 27, 2015 |
A life celebration is scheduled for Wednesday, Oct. 7, for John Sherman Estey, 89, former chairman of the Philadelphia law firm Montgomery, McCracken, Walker & Rhoads, who died of heart failure Tuesday, July 7, at his summer home in Eagles Mere, Pa. The memorial will be from 5:30 to 7 p.m. at the Racquet Club of Philadelphia, 215 S. 16th St. Burial was private. Mr. Estey had a distinguished career practicing corporate and bankruptcy law for more than three decades at Montgomery McCracken starting in the 1960s.
July 12, 2015 |
The U.S. Equal Employment Opportunity Commission sued Crothall Services Group Inc. in U.S. District Court in Philadelphia Thursday for failing to keep proper employment records. The suit said that Crothall, a nationwide janitorial and facilities management services company based in Wayne, routinely assessed applicants' criminal backgrounds in making hiring decisions. Federal law requires employers to keep records that show whether the use of criminal background checks or any other selection test, ends up causing discrimination in the hiring process.
July 11, 2015 |
When the Filipino and Indonesian temporary workers at ICS Corp., a direct mail and printing company on the edge of Philadelphia's Fishtown neighborhood, finished their regular shifts as machine operators, printers, cutters, and sorters, they clocked out. Then they kept on working - same duties, same place. What happened after that is the basis for a $1.45 million settlement in overtime pay and damages, payable to 166 people, following a U.S. Department of Labor investigation. Neither ICS Corp.
July 9, 2015 |
NEARLY TWO MONTHS after a Ride the Ducks boat struck and crushed his wife at a Center City intersection, a Texas man is suing the company and the city of Philadelphia. Daniel Karnicki, of Beaumont, Texas, filed the lawsuit yesterday, claiming that Liz Karnicki's wrongful death was at the hands of Ride the Ducks. The lawsuit was filed on the fifth anniversary of another Ride the Ducks collision that killed two Hungarian tourists who were on board. Karnicki's attorney, Robert Mongeluzzi, said that the duck boat's blind spots made it nearly impossible for the driver to see Liz Karnicki when she crossed the street, and that the driver was distracted because he also acted as a tour guide.
July 3, 2015 |
President Obama warned Iran's ayatollahs on Tuesday that he was ready to walk away from a nuclear deal if Tehran won't agree to tough measures to prevent cheating. Let's hope he means what he says. Negotiators have already extended the deadline from June 30 to July 7. The administration should push it back further if Tehran won't give inspectors adequate access or clear up questions about previous military dimensions of Iran's nuclear program. "Given past behavior on the part of Iran," said the president, verification can't "be a few inspectors wandering around every once in a while.