October 8, 2014 |
The majority owner of Aker Philadelphia Shipyard and American Shipping Co. is exploring "strategic initiatives" for the companies that might include a U.S. listing of stock, a merger or acquisition, or a financial restructuring. Converto Capital Fund, an investment fund owned by the Norwegian parent company Aker ASA, has a 57 percent stake in Aker Philadelphia Shipyard and a 20 percent stake in American Shipping Co. "These two companies have performed well, and Converto is always looking to create values," said Atle Kigen, Aker ASA spokesman.
September 29, 2014 |
"Where's the beef?" That was the question underdog candidate Walter Mondale borrowed from a Wendy's ad to skewer front-runner Gary Hart and his airy "new ideas" in a 1984 presidential debate. In the same vein, underdog Tom Corbett paced the stage in last week's first debate of the Pennsylvania governor's race, demanding that Democrat Tom Wolf provide details of his promises to make the state's personal income tax fairer to the middle class and to increase state funding on education.
August 20, 2014
M ICHAEL PRIFTI, 60, of Wynnewood; Eric Rahe, 56, of Phoenixville; and Michael Ytterberg, 60, of East Falls, are principals in BLT Architects. The second-generation Center City firm works in mixed-use, multifamily, education and hospitality spaces. I spoke with Prifti, who's managing principal. Q: What sets BLT Architects apart from other firms? A: We don't bring preconceived notions to any opportunity. Our higher-education work has informed our hotel work. Similarly, the hotel work is showing up in residential where there's lots of interplay in the amenity space.
August 6, 2014 |
Eric Ulken, director of product management for SeattleTimes.com, has been named executive director of digital strategy for Philly.com and Interstate General Media's other digital news properties, owner and publisher H.F. "Gerry" Lenfest said Monday. Ulken will also oversee Inquirer.com and PhillyDailyNews.com. Ulken, who will report to Stan Wischnowski, vice president of news operations, has extensive experience in content, product development, and digital journalism education. Before his current job, Ulken was the Seattle Times' assistant managing editor for digital.
July 27, 2014 |
Patients with heart failure engage in a delicate balancing act all year round, taking care not to drink too much liquid because the weakened heart muscle cannot cope with excess fluid. But what is a person supposed to do during those blast-furnace days of July and August? Perspiration depletes the body of fluids and electrolytes, such as potassium, that are needed for proper heart function. The patient, who is typically also taking a diuretic to excrete excess fluid, then feels the need to drink more water.
July 13, 2014 |
Just seven years from now, pancreatic cancer is projected to become this country's second-leading cancer killer, surpassed only by lung cancer and claiming 48,000 lives a year - nearly the population of Harrisburg. Now No. 4, pancreas cancer will climb in the ranking partly by becoming more common, but mostly because it is ferociously difficult to detect and treat, according to an analysis by the Pancreatic Cancer Action Network. "The dramatic increase in the anticipated number of deaths . . . is a wake-up call to the research and health-care systems in the United States," senior author Lynn M. Matrisian, a molecular biologist, wrote last month in the journal Cancer Research.
July 8, 2014 |
Inflation is making a comeback - although the Federal Reserve doesn't think so - prompting us to determine how we might hedge against it, or benefit from rising prices. Witness higher prices everywhere: at the grocery for meat and coffee, at the gasoline pump, rents, even health care. Invest in companies that benefit from rising prices, such as exchange-traded funds Market Vectors Agribusiness ETF (MOO) that correspond to the price and yield of the Market Vectors Global Agribusiness Index.
July 3, 2014
FOR ALL their innovation, American craft brewers are starting to grow stale. Over-hopped beers? Yeah, they were novel . . . about 15 years ago. Now everyone brews a double IPA. Wacky flavors? Used to be we couldn't wait for pumpkin beer each autumn. Now, because there are so many of them competing for shelf space, the pumpkin season starts in two weeks and you'll be sick of them by Labor Day. Barrel-aged beer? Because it takes months and years to properly age and blend beer, barrel-aged beer was once a rarity.
June 12, 2014 |
THE PHILLIES have lost 14 of 21 games since Cliff Lee last threw a baseball, thereby removing any doubt about how they should proceed to handle the July 31 nonwaiver trade deadline. If they need a reminder of the potential cost of waiting, there sits Lee. The veteran lefthander has not thrown a baseball in 23 days. He is close to picking one up, his manager said yesterday. But that will mark only the halfway point in the process of getting him back on the mound. And so, the Phillies wait.
May 10, 2014 |
WEST CHESTER In the latest step toward a 10-year economic development strategy, Chester County government and business leaders are encouraging residents to visit a newly launched website and fill out a questionnaire about the direction the county should take. The strategy, called the VISTA 2025 initiative, is an effort to balance economic progress and the preservation of natural and historic resources, and is to guide future projects and spending. The plan will help the county maximize its assets and address its challenges, Commissioner Ryan Costello said.