January 29, 2016 |
Anne Welsh McNulty, a New York investment manager and native of Springfield, Delaware County, made gifts of $10 million to the University of Pennsylvania's Wharton School and $5 million to Villanova University, the two schools said Wednesday. The gift to Wharton will be used to expand the school's leadership program, which will be name the Anne and John McNulty Leadership Program at the Wharton School. John McNulty, Anne's late husband, died in 2005. The second gift will be used to establish the Anne Welsh McNulty Institute for Women's Leadership a Villanova, where McNulty received her bachelor's degree in 1975.
January 28, 2016
In the Region DuPont posts loss, plans cuts DuPont Co. , which is pursuing a merger with Dow Chemical , showed a fourth-quarter loss and announced 6,000 layoffs as it ramped up cost-cutting ahead of the proposed deal. An earlier announcement on those job cuts indicated that 1,700 of them were to be in Delaware. The Wilmington chemical company Tuesday reported a loss of $253 million, or 29 cents per share, for the quarter ending Dec. 31, compared with a profit of $683 million, or 75 cents per share, for the same period in 2014.
January 9, 2016
By Mario Moussa, Madeline Boyer, and Derek Newberry When Chip Kelly lost his job as head coach of the Philadelphia Eagles, one of the most surprising aspects of the story was the timing: His abrupt exit came one meaningless game before the end of a losing season and a few days before "Black Monday," when NFL coaches who have displeased their bosses are typically shown the door. Why the big rush? There has been plenty of speculation about what went wrong. Some have criticized Kelly's high-tech training regimen and high-octane offense.
November 19, 2015 |
Bernard F. Filippone, 84, a stockbroker and longtime resident of the Overbrook Farms section of Philadelphia, died Thursday, Nov. 5, of Alzheimer's disease at Barclay Friends in West Chester. Known for his friendly, gentle nature and devilish sense of humor, Mr. Filippone made a point of helping anyone in need, his family said. He was born to Italian immigrant parents and grew up in Narberth. He graduated from St. Thomas More High School before earning a bachelor's degree in economics from Villanova University.
November 8, 2015 |
I'm sitting here trying to write the first paragraphs for this article, and the pressure is on. The story is about a Penn professor who teaches creativity, for God's sake, meaning I'd better come up with something creative or he will think I'm dull. Worse, my readers will quit this story and turn to a report about some sports team that wears green jerseys. Wouldn't it be great if there were a proven method I could use to alleviate my anxiety and devise something creative, other than the traditional techniques of lining my paper clips up by size, biting my nails, and drinking coffee?
October 23, 2015 |
Citigroup and the Wharton School are launching a joint three-year executive education program called Citi Wharton Global Wealth Institute, scheduled to open in December on the main University City campus and on Wharton's campus in Beijing. The program could enroll as many as 1,000 of Citi's 4,000 or so retail financial advisers around the world over three years, said Rodolfo Castilla, head of Citi's Global Wealth Management Products and Platforms. Why did the world's largest bank choose Wharton?
June 8, 2015 |
HAVANA - Palm fronds shade Margarita Alvarez's magnificent mansion, a classic beauty, but showing its age. Built in 1901, it has 18-foot ceilings, foot-wide crown moldings, marble floors, and columns of veined marble. A portrait of a previous owner, a Cuban secretary of state from the 1920s, hangs in the parlor. Out back are the two rooms that Alvarez rents in her bed-and-breakfast, casa particular . The house, three blocks from the iconic Hotel Nacional, is desirable in many ways.
May 17, 2015 |
Four guys walk into a bar. It's the former Roosevelt Pub on Walnut Street, not far from where the fellows are studying business at the University of Pennsylvania's Wharton School. One had just lost a costly pair of glasses on a backpacking trip and could not afford to replace them. "We went to the Roosevelt, had a Yuengling, and realized there was a massive opportunity," said Dave Gilboa, cofounder with Neil Blumenthal of Warby Parker, the ridiculously successful online retailer that brought $95 eyeglasses to the cybersphere.
May 16, 2015 |
Milton A. Feldman, 84, of Philadelphia, a business lawyer and civic leader, died Monday, May 11, of respiratory failure at Abington Memorial Hospital. Mr. Feldman worked for various firms, focusing on finance, corporate, and real estate law. He joined the Philadelphia firm of Sterling, Magaziner, Stern & Levy as an associate in 1957 and later was of counsel to Clark, Ladner, Fortenbaugh & Young. He retired from Dilworth Paxson L.L.P. in 2006 after 12 years. In one high-profile matter, Mr. Feldman was lead attorney for the unsecured creditors in the Drexel Burnham Lambert Group Inc. bankruptcy case.
May 16, 2015 |
Wilson Greenwood, 92, of Moorestown, who retired in 1990 as president of the family-owned Globe Dye Works in Frankford, died Tuesday, May 12, at home. The complex of buildings, the first of which was opened in 1865, and where the family closed its yarn-dying operations in 2005, now houses "a community of artists, artisans, and fabricators," a website states. Born in Philadelphia, Mr. Greenwood moved to Moorestown with his parents after the Tacony-Palmyra Bridge was opened in 1929.