NEWS
May 17, 2012 | Letter to the Inquirer Editor
Not donating to Komen Missy Stein stated that the reason fund-raising was down this year for the Susan G. Komen Race for the Cure was because of the "Planned Parenthood debacle" ("Apologizing for Komen's errors," Friday). She is only partly correct. The reason that I and many of my friends have not donated to Komen this year is because of its support of Planned Parenthood. We wanted to show our opposition to how this was handled by the Komen organization. Our donations will go to other women's cancer charities that do not support the Planned Parenthood agenda.
NEWS
April 6, 2012 | By Dan Meuser and Brian Duke
When it comes to creating a more secure financial future, there's just no substitute for planning ahead. That's exactly what Pennsylvania aims to do through Gov. Corbett's initiative to ensure Pennsylvania Lottery-funded programs for older adults can keep up with the huge wave of baby boomers nearing eligibility age. To be better prepared to serve those citizens, we're exploring establishing a private management agreement for the lottery....
NEWS
March 13, 2012 | By Arielle Brousse
The New York Times has reported on the exploitive nature and dubious legality of unpaid internships. Yet the newspaper recently issued a call for its own unpaid social-media intern. By doing so when jobs are already scarce, isn't the Times helping to widen the class gap among young Americans? The Pew Charitable Trusts' Economic Mobility Project has found that 65 percent of Americans born into the bottom fifth of wage-earning families remain within the bottom two-fifths, while about a third of those born into the middle class drop into the lower classes.
NEWS
February 19, 2012 | By Angela Couloumbis, Inquirer Harrisburg Bureau
HARRISBURG - The newest buzzword in the Capitol for the future of the much-maligned state Liquor Control Board: modernization. Gone is the sense of urgency that existed last year to auction off Pennsylvania's 620-plus wine and spirits stores - a time when the clarion call from several Republican quarters, not least among them Gov. Corbett's office, was "privatization. " These days, top Republicans in Harrisburg are softening their rhetoric. Though insisting privatization is the ultimate goal, they say that in the interim, the state should implement measures to spiff up the LCB - make it more efficient, consumer-friendly, and profitable.
NEWS
February 7, 2012 | BY JAN RANSOM, ransomj@phillynews.com 215-854-5218
COULD the Philadelphia Gas Works soon be for sale? In 2010, the city entered into a $200,000 contract with Lazard Freres & Co. LLC for a study of the possibility of selling the city-owned gas utility to a private entity, an idea that has been kicked around by previous mayoral administrations. Yesterday, at the Greater Philadelphia Chamber of Commerce's annual mayoral luncheon, Mayor Nutter said the analysis would be released next week but he disclosed no details. "We're very well-aware that municipalities are taking a hard look at the assets they have," said Barry O'Sullivan, director of corporate communication for PGW, adding that the utility was not taking sides in the discussion.
NEWS
February 4, 2012 | By David Lauter, Tribune Washington Bureau
WASHINGTON - If President Obama wins reelection in November, Friday's jobs report may be remembered as the turning point when he shifted from slight underdog to favorite. "Where are the jobs?" has been the question at the heart of the Republican case against Obama. Mitt Romney's campaign turns on the assertion that his experience in the private sector taught him how to create jobs. Obama, by contrast, has "failed" in that endeavor, he repeatedly says. January's growth - a net of 243,000 jobs created, the most in nine months and almost double what most economists had forecast - undermines that argument, both Democratic and Republican strategists agreed.
NEWS
February 3, 2012 | By Jane M. Von Bergen, INQUIRER STAFF WRITER
An "unambiguously good" jobs report from the U.S. Department of Labor sent stocks soaring Friday morning and will likely boost President Obama's political prospects. The economy created 243,000 jobs in January. The unemployment rate dropped to 8.3 percent from 8.5 percent the previous month and from 9.1 percent a year ago. "There are no real caveats to those numbers," said Kurt Rankin, the economist with PNC Financial Services Group in Pittsburgh, who described the report's numbers as "unambiguously good.
BUSINESS
January 17, 2012 | By Mike Armstrong, Inquirer Columnist
Most employers recognize but do not observe Martin Luther King Jr.'s birthday. In other words: no day off for employees. A recent Bloomberg BNA survey of employers' holiday practices found just three in 10 organizations would be closed for business. It's a level that has been largely unchanged in similar surveys since 2004. There were clues everywhere Monday that this was far from a normal day in Philadelphia in January. The lack of a morning rush hour. Schools were closed, as were U.S. financial markets.
NEWS
January 13, 2012 | By Maeve Reston, Los Angeles Times
GREER, S.C. - Facing efforts by his Republican rivals to paint him as a heartless corporate raider who preyed on struggling companies while working in private equity, Republican front-runner Mitt Romney stepped up his defense of his tenure at Bain Capital on Thursday, arguing that his goal had been to make businesses successful over the long term. Supporters of former House Speaker Newt Gingrich have promised a "strong and sustained" campaign in the Palmetto State attacking Romney's career at Bain.