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BUSINESS
February 13, 2014 | By Harold Brubaker, Inquirer Staff Writer
The University of Pennsylvania Health System and Lancaster General Health announced an alliance Tuesday that could increase Penn's share of patients who need the most complex levels of care. "That's not going to happen in one day," said Ralph W. Muller, chief executive of the Penn health system. "These are patients who are now going to Jefferson, they are going to Hopkins, they are going to Penn State, and other areas. Over a period of time, more of those patients will come to Penn, and that does benefit us. " A financial benefit to Lancaster General could be better pricing at Penn for high-level treatments and procedures, such as heart transplants, said Thomas E. Beeman, president and CEO of Lancaster General.
BUSINESS
January 26, 2014 | By Chris Mondics, Inquirer Staff Writer
Center City law firm Saul Ewing L.L.P. said Friday that it had named Barry F. Levin, a partner in its Baltimore office, managing partner of the firm. Levin has chaired the firm's business and finance department for three years. He replaces David Antzis, who is returning to the full-time practice of law, as the firm's chief executive. Revenues from Saul Ewing's business and finance practice grew 17 percent during the time Levin chaired the group, the firm said in a statement. "Barry is a strong and proven leader with a vision to grow Saul Ewing to meet the needs of our clients at the pace they are evolving," Antzis said.
SPORTS
January 10, 2014 | By John Smallwood, Daily News Columnist
NEWARK, N.J. - Norbert Teufelberger has been in the gaming business a long time. As the CEO of bwin.party digital entertainment, the Denmark native has made a living off "the national and international casino and betting business" for more than 2 decades. Before the passage of the Unlawful Internet Gambling Enforcement Act by Congress in 2006, bwin's Partypoker brand was the largest online-poker brand in the world. Teufelberger's experiences in the United States made him well aware of America's relationship with gambling, where a large percentage of the population does it but it's still considered taboo.
BUSINESS
December 22, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
Jones Group, the women's clothing wholesaler and retailer started by Philadelphia investor Sidney Kimmel in the late 1960s, has agreed to be bought by Sycamore Partners, a New York buyout firm, for $15 per share in cash. The sale values Jones stock at $1.2 billion. Sycamore will also take on Jones' $1 billion in debt. The company was run from offices in New York and warehouses in Bristol, Bucks County. Jones employs about 6,000 people. In a note from Sycamore Thursday night, Jones workers were told there were no plans to close facilities or cut jobs.
BUSINESS
November 15, 2013 | By Thomas Fitzgerald and David Sell, Inquirer Staff Writers
First, William K. Marimow said, he and publisher Robert J. Hall had chatted about how much both liked a story in that morning's Inquirer about Boyds, the iconic Center City clothier. Then the tone of their Oct. 7 meeting abruptly changed. "Mr. Hall said: 'We have a very serious matter to discuss. We are terminating your employment,' " Marimow, who was the newspaper's editor, testified Wednesday. Speaking publicly at length about his firing for the first time, Marimow recounted in a Philadelphia courtroom his version of the story at the center of a legal battle for control among the co-owners of The Inquirer and its parent company, Interstate General Media.
BUSINESS
October 30, 2013 | By Thomas Fitzgerald and David Sell, Inquirer Staff Writers
After their lawyers had spent an hour clashing over what state was better suited for hearing their dispute, the two partners grappling for control of The Inquirer met behind closed doors Monday with a Philadelphia judge. Lewis Katz and George E. Norcross III spent 44 minutes in the City Hall chambers of Common Pleas Court Judge Patricia McInerney - who sources said had privately pushed both sides to consider a settlement in the days before Monday's hearing. Katz and Norcross emerged from McInerney's chambers shortly before noon, then huddled with their lawyers while a scrum of reporters and others watched.
NEWS
October 28, 2013 | By Lisa Scottoline, Inquirer Columnist
This is the first of three excerpts from Lisa Scottoline's new book, "Accused," which comes out on Tuesday.   Chapter One   CONGRATULATIONS! read the banner, but Mary DiNunzio still couldn't believe she'd made partner, even at her own party. She felt stunned, happy, and hopeful, ready to leave behind her doubts, insecurities, and guilt. Okay, maybe not her guilt. Guilt was like her handbag, occasionally heavy, but something she just felt better carrying around. Same with her insecurities, with which she had grown secure.
BUSINESS
October 19, 2013 | By Thomas Fitzgerald, Inquirer Staff Writer
Opening a new legal front in the war for control of The Inquirer's parent company, George E. Norcross III filed a lawsuit Thursday in Delaware alleging that rival co-owner Lewis Katz had breached their contract, had interfered in the newsroom, and was preventing the company from defending itself. The lawsuit was the second in a week among the partners of Interstate General Media, which runs The Inquirer, the Philadelphia Daily News, and Philly.com. Meanwhile, new details emerged of the behind-the-scenes war among the company's principals, including claims that Norcross tried two weeks ago to buy out Katz's lone ally among the six partners, H.F. "Gerry" Lenfest, with a multimillion-dollar check, and that Katz effectively tried to sabotage a partners meeting Tuesday by not showing up. According to the latest suit, Katz argued that the other partners could not make decisions without him. "Now, he is actively disputing the ability of the board to take action without him, despite his clear conflict," it says.
NEWS
October 15, 2013 | By Julia Terruso, Inquirer Staff Writer
CAMDEN When Andrea Shoulars moved into Rutgers-Camden over the summer, she said she felt an unexpected sense of calm. "I thought, 'This is supposed to be so scary, but it's not,' " the first-generation college student said in the student center last week. "Instead it was like, I'm ready, I'm ahead of the game and it kind of feels like home. " Shoulars, a freshmen at Rutgers-Camden, originally from Newark, graduated from the KIPP TEAM Academy Charter School in May. She is one of three KIPP Newark graduates attending Rutgers-Camden, and due to a new partnership, many more may soon follow.
NEWS
September 29, 2013 | By Tirdad Derakhshani, Inquirer Staff Writer
William Masters, the famous St. Louis ob/gyn specialist who revolutionized the study of human sexuality, made a vital - and to him, deeply shocking - discovery early in his career as a sexologist. Women sometimes fake orgasm. It was 1956, and Masters had launched an ambitious study of how the human body responds to and processes sexual stimuli. His methodology was crude: He peeped, clipboard and stopwatch in hand, through a closet door as a prostitute had sex with her clients.
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