July 17, 2015 |
THE MULTITIERED granite steps from the concourse of the Municipal Services Building provide more than just an egress from SEPTA's underground rail line to the Center City streets above. The steps, or rather the cavernous space beneath them, offer refuge from the rain for Philadelphia's homeless. "This is the only dry place we can go in Center City," George Creamer said yesterday after yet another soaker left puddles near his cardboard sleeping mat. "Trust me, I'd rather sleep out underneath the stars, but on nights like tonight, when it's going to rain, there is going to be 20 people down here.
July 16, 2015 |
By Harold Brubaker Picwell, a Philadelphia start-up with a system that analyzes 900,000 variables to help consumers evaluate health insurance plans, said it completed its first significant round of venture capital financing, raising more than than $4 million. The lead investor was MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Co., of Springfield, Mass. Picwell, founded in late 2013, can help employees choosing between different plans offered by their employer save the equivalent of one paycheck per year, Picwell CEO Jay Silverstein, said in an interview last month.
July 15, 2015 |
President Obama promised Monday that aging Americans' financial security will not be eroded as the nation grows older, but added, "We're going to have to work for it. " Speaking at the White House Conference on Aging, the president noted that 10,000 Americans a day are turning 65, and that this presents an enormous burden on individuals and society to make sure seniors have enough money, health care, and people to look after them. About 900 people in Philadelphia for a meeting of the National Association of Area Agencies on Aging watched Obama's remarks via internet at the Philadelphia Marriott Downtown hotel.
July 11, 2015 |
Mayor Nutter confirmed Thursday that parts of Philadelphia will be fenced in for security during the visit by Pope Francis in September, but dismissed speculation that the whole of Center City will be behind chain links. "Whoever is saying that somehow all of Center City is going to be shut down has no idea what they're talking about," Nutter said at a news briefing at City Hall following a trip to Mexico. "There's never been any discussion with me where the idea of all of Center City being enclosed, encapsulated, shut down, has ever been discussed," he said.
July 8, 2015 |
Federal officials and organizers said Monday that they are discussing the possible construction of a fence as high as 8 feet around parts of Center City as security for Pope Francis' visit in September, but that talks are still preliminary. A source involved in the event planning said portions of Center City would be surrounded by fencing, but that the footprint of the security perimeter is being worked out and is largely contingent on the pope's Philadelphia itinerary, which could change in the next three months.
July 3, 2015 |
AlliedBarton Security Services, the Conshohocken-based security giant, will be sold to Wendel, a Paris-based private-equity firm, in a $1.67 billion cash and debt deal. AlliedBarton, which began its local history as SpectaGuard, founded by former Flyers president Jay Snider, employs 6,000 locally and 55,000 nationally. It counts 200 of the Fortune 500 as clients, along with 3,000 other landlords and tenants. Wendel owns 11.7 percent of the Malvern-based building-materials maker Saint-Gobain, which includes Certainteed, a more well-known local materials company.
June 27, 2015 |
ROME - Philadelphia's security preparations for Pope Francis' 48-hour visit have been going on for more than a year. For Ignazio Marino, mayor of Rome, papal security is an everyday issue. "It's pretty tough because the pope is a terrific person, he attracts millions of people, so traffic and security is a huge, huge issue - particularly in these days and time with possibility of terroristic attacks, we are always concerned," Marino said Thursday outside his office in Rome. The final day of the Philadelphia delegation's trip to Rome focused largely on getting input from Roman and Vatican City authorities on security and infrastructure for large-scale events featuring the pope.
June 23, 2015 |
WASHINGTON - Along with the pomp and pride that comes with hosting the 2016 Democratic National Convention, there's an underside for Philadelphia: begging Congress for money. Since 9/11, federal lawmakers have set aside $100 million every four years to help cover security costs for the cities hosting the national party conventions, but only after overcoming resistance from those who balk at laying out taxpayer money for lavish political rallies. The wrangling in those fights provides a window into how pet causes creep onto the federal tab - often as footnotes in larger and more pressing bills.
June 8, 2015 |
Gov. Christie hasn't negotiated with other countries or shaped foreign policy. But he does claim one resumé detail to distinguish himself on national security ahead of a likely 2016 presidential run: the Patriot Act. Even as Congress scales back the law, Christie has been arguing forcefully for the tools given to law enforcement and intelligence agencies after 9/11 as crucial to prosecuting terrorists. Yet the importance of the Patriot Act in Christie's tenure as a prosecutor is less clear than he asserts.
June 7, 2015 |
The nation's employer payrolls expanded by 280,000 jobs in May, the U.S. Department of Labor reported Friday, with increased hiring across industry sectors. The unemployment rate rose slightly, to 5.5 percent from 5.4 percent in April, but was down from 6.3 percent last May. The strong employment gain last month has Wall Street expecting the Federal Reserve to move by October to increase interest rates, to keep the economy from overheating. Cranes and scaffolding in Center City and West Philadelphia tell the jobs story here, where, like elsewhere around the country, construction employment is particularly robust.