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BUSINESS
May 10, 2015 | By Diane Mastrull, Inquirer Staff Writer
LIA Diagnostics, the Philadelphia designer of an environmentally friendly, ergonomically configured, easy-to-read pregnancy test, took the top prize Friday in the U.S. Small Business Administration's national competition InnovateHER: 2015 Innovating for Women Business Challenge. LIA was awarded $15,000 for its flushable test, a first for pregnancy kits. The SBA contest aims to find innovative products and services that help impact and empower the lives of women and families.
NEWS
April 27, 2015 | By Chris Palmer and Laura McCrystal, Inquirer Staff Writers
On her late husband Michael's birthday in March, Bette Dalton visited his grave at Holy Sepulchre Cemetery in Cheltenham Township and found a chipped headstone and muddy tire tracks. She trekked to the cemetery office to complain, and was surprised to get a sales pitch: A worker asked Dalton, 76, to consider buying her own casket. After Denise Caramenico inquired about a plot at Conshohocken's Calvary Cemetery, she got e-mails for months from a man who said he was from the Archdiocese of Philadelphia and Catholic Cemeteries.
BUSINESS
April 25, 2015 | By Chris Mondics, Inquirer Staff Writer
In the latest expansion move by a Philadelphia-based law firm, Cozen O'Connor said Thursday that it would merge with a 60-lawyer firm in Chicago, greatly expanding its presence there, and deepening its labor and employment and white-collar defense practices, along with other legal areas. The merger, effective June 1, will bring the total number of lawyers at Cozen to 635, said the firm's CEO, Michael Heller. "This gives us a much broader full-service office in Chicago, and allows us to do this with an extremely accomplished group of lawyers with national practices," Heller said of the merger with Meckler Bulger Tilson.
BUSINESS
April 8, 2015 | By Chris Mondics, Inquirer Staff Writer
Law-firm mergers, bolstered by the recovering legal market, are off to a quick start this year, according to the Newtown Square legal-consulting firm Altman Weil, which logged 29 combinations in the first quarter. It was the second fastest pace since Altman Weil began tracking law-firm mergers in 2007, and reflects the growing confidence of firms that their businesses have substantially recovered from the sharp downturn in revenue in 2009 and 2010. Included in the tally is Morgan Lewis's announced combination with the Singapore-based firm Stamford Law Corp., a transaction that closed on April 1. That merger will bring 80 additional lawyers to the firm, which has about 2,000 lawyers total.
NEWS
April 4, 2015 | By Walter F. Naedele, Inquirer Staff Writer
Jogging and running races did more than ease daily stresses for Bruce C. Brotzman. "It saved his life," his son, Michael, said. Mr. Brotzman had started running recreationally in the 1970s, but after a business trip to Dallas in 1993, his son said, "he began experiencing shortness of breath. " Tests revealed that "the heart muscle had been attacked by a virus. " But because years of running had given him "cardiac capability to spare," his son said, "he would continue to run nightly," just not as far nor as fast as before, until recently reducing his exercise to walking.
NEWS
March 26, 2015 | By Andrew Seidman, Inquirer Trenton Bureau
TRENTON - The New Jersey board that oversees the management of the state's $80 billion public employee pension system is considering investing $100 million with a firm whose chairman has donated $2.5 million to the Republican Governors Association since 2013. Gov. Christie chaired the association last year and helped raise record sums for GOP gubernatorial candidates across the country. In 2013, the RGA contributed to Christie's own reelection in New Jersey. The council is scheduled to vote Wednesday on a proposal to invest $100 million in pension funds with a fund managed by the private-equity firm KSL Capital Partners.
BUSINESS
March 22, 2015 | By David Sell, Inquirer Staff Writer
Transicoil, L.L.C., which makes aerospace instruments in Collegeville, Montgomery County, is in the process of laying off 50 employees because one product line is being shifted to a "sister company" in Wichita, Kan. As required by the federal Worker Adjustment and Retraining Notification Act, Transicoil sent a letter to the Pennsylvania Department of Labor and Industry of regarding the permanent layoffs. The letter said the first of the 50 layoffs was to occur March 13. Four other employees have been notified they will lose their jobs between March 27 and May 9. "The remaining 45 employees will be separated at a date in the future which has not yet been determined," according to the company letter, dated March 13. Transicoil officials could not be reached for comment Friday evening.
NEWS
March 16, 2015 | Inquirer Editorial Board
Former state Supreme Court Justice Seamus McCaffery's resignation last fall answered the most immediate threat to the credibility of the judiciary. But a closer look at the legal fees that helped precipitate his downfall underscores how much the court overlooked in its haste to expel the judge. Besides distributing pornographic e-mails and allegedly intervening in a traffic case, McCaffery drew scrutiny for referral fees that law firms paid to his wife, Lise Rapaport, who was also his top aide.
NEWS
March 12, 2015 | By Edward Colimore, Inquirer Staff Writer
The federal budget ax is unlikely to fall for two more years. But the State of New Jersey isn't waiting for the Base Realignment and Closure (BRAC) Commission to cut or close its five military bases. It's hired a Washington lobbying firm - Cassidy & Associates - to assess the economic value and vulnerability of the bases and recommend ways of protecting them. The firm will be paid $16,000 a month - up to $192,000 for the year - to research Joint Base McGuire-Dix-Lakehurst and other installations as well as their surrounding communities, state officials said.
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