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NEWS
November 1, 2012 | By Monica Yant Kinney, Inquirer Columnist
Rashivar Karnati didn't know. He shared an apartment in San Jose, Calif., with Raghunandan Yandamuri in 2011, but could recall only one time his roommate visited a casino in Reno. Chendu Tummala had met Yandamuri years earlier in undergraduate school in India. Long after both men moved to the United States, they still hewed to Indian traditions and would never have discussed Yandamuri's gambling problem. "Asking financial information is not a good thing," Tummala told me. "We didn't even know he had filed for bankruptcy.
NEWS
October 30, 2012 | By Jessica Parks, Inquirer Staff Writer
  With messages of hope and gratitude, friends and family bid a tearful farewell Sunday to Saanvi Venna, the baby girl who was abducted and killed, along with her grandmother, last week in King of Prussia. At a viewing in East Norriton, mourners clasped hands and placed pink and red rose petals atop the tiny, closed white casket. They removed their shoes to protect the sanctity of their surroundings and to create the type of intimate space 10-month-old Saanvi would have known at home.
BUSINESS
December 7, 2012 | By Maria Panaritis, Inquirer Columnist
The towering black wall has been impossible to miss. Rising from shiny, white floor tiles at the East Coast's largest shopping mall, it has projected a cloak of mystery all the more stark for being a short walk from Louis Vuitton, Hermes, and Neiman Marcus - stores forbidding for their prices, if not their facades. For months, the black monolith has broadcast nothing to shoppers at the Plaza at King of Prussia. Not even the benign nugget of history that behind it once hummed a now-defunct John Wanamaker department store.
NEWS
April 19, 2014 | By Jessica Parks, Inquirer Staff Writer
NORRISTOWN Montgomery County prosecutors will be allowed to present written and video-recorded confessions in the trial of a man accused of killing a grandmother and a baby in King of Prussia. Raghunandan Yandamuri, 28, is accused of killing 61-year-old Satyavathi Venna and 10-month-old Saanvi Venna in a botched ransom attempt in October 2012. County Court Judge Steven T. O'Neill rejected Yandamuri's claims that the confessions were coerced after 17 hours of questioning. It came down to the word of a county detective against the word of Yandamuri, O'Neill said, adding: "I find Detective Bradbury's testimony to be completely credible.
NEWS
August 12, 2014 | By Gideon Bradshaw, Inquirer Staff Writer
HARRISBURG - While battles rage in New Jersey and other states over whether to allow Tesla Motors to sell cars within their borders, Pennsylvania has quickly and quietly approved an expansion of the automaker's entry into the market. Gov. Corbett signed the legislation amid the budget frenzy last month, exempting electric-vehicle makers from a Pennsylvania law that bars car manufacturers from selling directly to consumers. The law lets Tesla open five stores statewide. The company opened a King of Prussia showroom last year and plans to open a second in Devon, a spokesman said.
BUSINESS
August 3, 2014 | By Harold Brubaker, Inquirer Staff Writer
Citing "institutional incompetence" at Nationwide Financial's mutual-funds business, based in King of Prussia, a Delaware judge ordered the company to pay a Michigan investment manager $10.3 million for breaching a contract. The lawsuit in Superior Court related to the 2007 management buyout of Nationwide's 65 percent stake in NorthPointe Holdings L.L.C., of Troy, which managed assets for some of Nationwide's retail mutual funds. As part of the $25 million buyout, NorthPointe managers negotiated provisions to protect their business with Nationwide Funds Group, which accounted for 22 percent of NorthPointe's $3.5 billion in assets under management, for three years.
NEWS
January 17, 1991 | By Tal Wongse-Sanit, Special to The Inquirer
In a move to allow shoppers and commuters to let someone else fight the traffic for them, Capitol Trailways of Harrisburg and the Greater Valley Forge Transportation Management Association of King of Prussia have teamed up to provide additional service between King of Prussia and Reading. The new service, which began Jan. 7, provides five additional buses daily each way. The four previously existing bus runs between King of Prussia and Reading do not include stops at industrial parks or the Plaza Mall in King of Prussia; the new service adds both.
BUSINESS
December 23, 2012
4-week bills , Dec. 26; 3-month and 6-month bills , Dec. 24; 1-year bills , Jan. 8; 2-year notes , Jan. 28; 3-year notes , Jan. 8; 5-year notes , Dec. 29; 7-year notes , Dec. 19; 10-year notes , Jan. 9; 30-year notes , Jan. 10; 5-year TIPS , Dec. 20; 10-year TIPS, Jan. 24 ; 30-year TIPS , Feb. 21. Business Referral Luncheon , presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia;610-792-2105. Reservations required. 11:30 a.m.-1 p.m. recurring Networking Meeting , presented by BNI, Fort Washington chapter.
NEWS
May 21, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
Maurice R. Stahler Jr., 88, formerly of King of Prussia, a retired scientist and engineering manager, died Tuesday, May 6, of causes related to aging at Hope Hospice in Fort Myers, Fla. Mr. Stahler was an Army veteran of World War II who was honorably discharged in July 1946, according to newspaper reports at the time. Born and schooled in the Harrisburg area, he came to the Philadelphia area, where he joined the General Electric Astro Space Division in Valley Forge, now Lockheed Martin.
NEWS
December 5, 2013 | By Carolyn Davis, Inquirer Staff Writer
KING OF PRUSSIA A former Montgomery County man whose baby daughter and mother were killed in a King of Prussia apartment complex has filed a wrongful-death lawsuit against the criminal defendant, plus the owners of the complex and the security company. The civil action was filed last month in Philadelphia Common Pleas Court on behalf of Venkata Venna, the administrator of the estates of his mother, Satyavathi Venna, 61, and Saanvi Venna, his 10-month-old daughter. Authorities say that in October 2012, Raghunandan Yandamuri, who also lived at the Marquis Apartments, killed the grandmother and granddaughter after botching a kidnap-for-ransom scheme.
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