June 10, 2016 |
A Chicago private-equity firm has bought the majority of Wedgewood Pharmacy, a Swedesboro company that makes customized medications for humans and pets. The price paid by New Harbor Capital was not disclosed. Wedgewood, founded in 1980 as a community pharmacy, employed 260 last fall, an article in New Jersey Business said. An IBISWorld report from January 2015 said Wedgewood was one of the largest companies in the highly fragmented compounding pharmacy industry. IBISWorld estimated Wedgewood's market share at 1.5 percent of the $5.6 billion industry.
May 21, 2016
Because advertising is a barometer that often accurately measures America's psychological atmosphere, attention must be paid to this: From Monday through the presidential election, Budweiser beer will bear a different name. Eager to do its bit to make America great again, the brewer will replace the name Budweiser with America on its 12-ounce bottles and cans. The Financial Times says this is "a bid to capitalize on U.S. election fever. " (Before the Chicago Cubs bestrode the world like a colossus, T-shirts proclaimed "Cubs Fever: Catch it - and die. ")
May 4, 2016
By Marc Scribner 'Take back our streets!" is a common refrain among urban activists. No, they're not talking about reducing violent crime, as many of them reside in affluent neighborhoods. What they want to take city streets back from is cars, which they see as a scourge that lowers their quality of life. But the alternatives they propose are much more costly and provide far fewer benefits. When mass transit use plummeted in the 1970s, anti-car activists succeeded in distorting government transportation funding to greatly advantage transit systems over highways.
November 23, 2015 |
Verizon Communications Inc. has stopped paying millions of dollars in taxes to at least 143 New Jersey towns as customers retreat from the company's traditional copper telephone lines, state and local officials say. For decades, Verizon, the state's legacy Baby Bell, has paid taxes on its telephone poles, wires, and switching facilities. But as customers move to cell and cable-based phones, Verizon has increasingly stopped paying taxes on its older equipment, leaving more towns in the lurch every year.
May 23, 2015 |
Anuj Gupta landed a new job last Friday as general manager of the Reading Terminal Market, and the gig offers equal helpings of his two loves: public service and food. "It's hard to find a place in Philadelphia, let alone anywhere else, that offers you the quality and diversity of product, and affordability, that the terminal does," Gupta said during a walk-through this week. "It's this magnificent, historic place. People love it. " Gupta, who will start June 15, arrives at a critical juncture for the market, which dates to 1892.
November 25, 2014 |
Market Share, co-owned by Richard Gutnick of Blue Bell, Pa., was a disappointing eighth in the $500,000 Breeders Crown for open trotters on Saturday night at The Meadowlands. The race, won by European star Commander Crowe, saw Market Share trotting on the outside throughout the mile with his driver Tim Tetrick unable to make up ground on the leaders. Market Share, trained by Linda Toscano, won the Hambletonian in 2012 but has had a challenging year, with just four wins in 16 starts, though his seasonal earnings of $443,948 put him at $3,558,960 for his career.
July 19, 2014 |
President Obama used I-495 - the out-of-service six-lane highway that stretches from Delaware County almost to the end of the New Jersey Turnpike and includes a damaged bridge that has jammed traffic this summer on nearby I-95 - as a backdrop for a vague speech about encouraging private investors to finance upgrades of American highways, bridges, ports, and airports. That's because his administration has been unable to get higher highway taxes passed by Congress. The day was also an opportunity for Delaware Gov. Jack Markell to effusively thank Obama, his fellow Democrat, for bailing out East Coast drivers by shifting bridge- repair assets from elsewhere to I-495 so the state could accelerate repairs.
July 19, 2014 |
The latest iteration of Franklin Flea - the marketplace for vintage and handmade wares that temporarily enlivened the vacant Center City Strawbridge & Clothier space on Saturdays this spring - pops up Saturday outside McCall School at Seventh and Delancey. The market, whose wheelhouse includes reclaimed-wood frames, ironic tropical-sunset "Philadelphia" T-shirts, vintage furniture, handmade jewelry, and single-origin pour-over coffee, also is transitioning from a weekly affair to a bigger monthly one as a way of driving more excitement.
June 8, 2014 |
Market Share, coming off a world-record performance on May 25 at Harrah's Philadelphia, is the 2-1 morning line favorite for Saturday's $200,000 Charlie Hill Memorial Trot at Scioto Downs in Ohio. Owned by Blue Bell's Richard Gutnick, Market Share will faces nine rivals in the Charlie Hill. He starts from post four for trainer Linda Toscano and driver Jeff Gregory, who is subbing for Tim Tetrick because Tetrick will be racing in Canada. The Charlie Hill Memorial field also features Arch Madness, Archangel, Creatine, Undercover Strike, Modern Family, Fusion Man, Major Athens, Rompaway Beau, and DW's NY Yank.
May 27, 2014 |
Market Share trotted the fastest mile in history on a five-eighths-mile track to win Sunday's $250,000 Maxie Lee Memorial Invitational in 1 minute, 50.2 seconds at Harrah's Philadelphia. Sent off as the 1-5 favorite, Market Share and driver Tim Tetrick settled into fourth place behind Sevruga, Arch Madness, and Daylon Magician in the early part of the race. Market Share moved into second place on the backstretch before challenging Sevruga for the top spot on the final turn. He drew off in the stretch to win by two lengths and break the previous record of 1:50.3 shared by Sevruga and Uncle Peter.