February 9, 2015 |
John C. Whitehead, 92, a Haverford College alumnus who served on the school's Board of Managers for more than 30 years - including 10 years as its chairman - died Saturday, Feb. 7. Mr. Whitehead was described as a "titanic figure in Haverford history" by a school spokesman in announcing his death. He served in the Navy, taking part in the invasions of Normandy, Iwo Jima, and Okinawa. He later became U.S. deputy secretary of state. Mr. Whitehead, who had been diagnosed with cancer, lived in New York City.
December 30, 2014 |
A billion dollars still buys a lot of real estate in Philadelphia. That's how much commercial real estate brokers in the Philadelphia office of Jones Lang LaSalle say they sold here in 2014. It was a record for the firm, said executive vice president Doug Rodio . The company claims it is the largest adviser to big building-sellers in the region. Prices are up. See, for example, Radnor Court, the brick-and-glass, 121,000-square-foot complex where Airgas has its headquarters on Radnor-Chester Road, near the Radnor SEPTA station.
December 18, 2014 |
TURNS OUT YOU weren't the only person who got tired of the computer-generated battle scenes in the latter entries of Peter Jackson's "Lord of the Rings" trilogy. Also tired of them: Peter Jackson, who admitted while doing press for "The Hobbit: The Battle of the Five Armies" that he and his effects crew went overboard with artificial orcs in "The Two Towers" and "The Return of the King. " He further conceded that audiences have grown "jaded" with CGI effects in general, and he's certainly right about that.
March 14, 2014 |
When he was first approached about the Goldman Sachs 10,000 Small Businesses initiative, Michael Brown was a little skeptical. After all, he already had an MBA from St. Joseph's University and was busy running his own company, Environmental Construction Services Inc. Just how much could he learn from a 12-week program offered free by the investment giant? A lot, it seems. Six months after completing the program at Community College of Philadelphia, Brown credits the knowledge gained with helping to expand his business from four to 32 full-time employees and quadruple his annual revenue.
February 27, 2014 |
Money managers stayed away from investing in Europe and other foreign markets after the financial crises there in 2008 and 2011. But at least one changed his mind - and it's working in his favor. Steven Krawick, president and chief investment officer of West Chester Capital Advisors, a unit of AmeriServe (symbol: ASRV) in the fall of 2013 began adding European and Japanese equities to client portfolios. (With variations, typically his clients hold 60 percent stocks and 40 percent bonds.)
October 9, 2013
THE U.S. auto industry is thriving, running its factories at triple-shift full capacity, hiring new workers. It's begging auto-parts suppliers for more product, as hiring grows all along the U.S. car-market supply chain, where millions of Americans are employed in the real economy, building and making actual things. Its workers are shopping, buying, paying taxes, funding schools and showing the effect that manufacturing jobs can have in the honest-to-God economy. Even Government Motors, otherwise known as GM, will make a handsome profit this year, and soon the feds will have sold off our stake in the bailed-out automaker, a deal now estimated to cost you, the taxpayer, $10 billion.
July 12, 2013
Small-business owners have until July 22 to sign up for the free Goldman Sachs 10,000 Small Businesses program being offered in September at Community College of Philadelphia. To be eligible for the 11-week program, a business must be at least 2 years old, employ a minimum of four and have an annual revenue stream of $150,000 to $4 million. For more information or to apply, go to www.ccp.edu/10ksb or call 267-299-5900. Goldman Sachs has put up $200 million to fund the program, developed by Babson College and being offered in at least nine cities.
May 3, 2013 |
MIRA NAIR changes much (for the worse) in her adaptation of "The Reluctant Fundamentalist," but she leaves the novel's most provocative passage intact. It's the moment when an Islamist sympathizer explains why, though he was living a privileged life as a Wall Street hotshot, he smiled with awe when he saw the 9/11 massacres on television. Something to do with David hitting Goliath (poor-taste alert). The fellow goes on to say that the collapsing Trade Center buildings represented to him a deflating of American arrogance, perhaps forgetting for a moment that the towers were full of people, including hundreds of foreign nationals, Muslims among them.
January 15, 2013 |
As officials described the Goldman Sachs 10,000 Small Businesses program last week, I was reminded of another educational effort aimed at ongoing enterprises. The U.S. Small Business Administration launched its Emerging Leaders 200, or e200, training program - described as providing MBA-like curriculum to people with little time or money to pursue one - in Philadelphia in 2008. Both programs focus on operating businesses, not start-ups. The required minimum is at least two years in business for the Goldman Sachs effort and three years for e200.
January 11, 2013
BIG CORPORATE GIFTS almost always make a statement. That was the case Wednesday when Goldman Sachs' executive vice president and chief of staff, John F. W. Rogers, and Hizzoner Mayor Nutter announced that the investment-banking firm would commit $20 million to help small businesses in the region. But a closer look at the statement being made here reveals that the success around the country of the Goldman Sachs program is unclear. Philadelphia will get $10 million to be lent to small businesses and to be administered by the Philadelphia Industrial Development Corp.