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Inquirer Business

Business news from the Inquirer.

Published: Mon, 05 Dec 2016 16:22:53 GMT2016-12-05T16:22:53Z


In Delaware, Gov. Markell worked to make Democrats the jobs party

Mon, 05 Dec 2016 16:22:53 GMT2016-12-05T16:22:53Z

Exton Square department-store space is turning Japanese, as mall-entertainment company expands

Mon, 05 Dec 2016 15:36:17 GMT2016-12-05T15:36:17Z

Japan-based game-center operator Round One Corp. is getting ready to gobble up space in U.S. malls with an appetite like Pac-Man's.

Jockeying for jobs, done right, could mean many winners

Mon, 05 Dec 2016 15:31:08 GMT2016-12-05T15:31:08Z

Last year, United Technologies, a big war contractor that also makes homey gadgets like air conditioners, earned profits of $5 billion, after tax.

East Lansdowne: A tiny place with investment potential

Mon, 05 Dec 2016 14:35:34 GMT2016-12-05T14:35:34Z

One in a continuing series spotlighting real estate markets in the region's communities. Let's see a show of hands: How many of you have heard of East Lansdowne?

Finding home again, this time on Washington Square

Mon, 05 Dec 2016 13:57:24 GMT2016-12-05T13:57:24Z

It may be only a 35-minute drive from a vintage Queen Anne Victorian in Moorestown to Hopkinson House, a sleek high-rise facing Washington Square, but it's a significant journey from one world to the other.

People on the Move

Mon, 05 Dec 2016 08:38:51 GMT2016-12-05T08:38:51Z

Elizabeth M. Datner has been appointed chair of emergency medicine at Einstein Healthcare Network. Datner spent the majority of her career at the University of Pennsylvania Perelman School of Medicine and University of Pennsylvania Health System, where sh

The Boardroom

Mon, 05 Dec 2016 08:36:55 GMT2016-12-05T08:36:55Z

Studio Incamminati, School for Contemporary Realist Art, a nonprofit educational institution, has named the following board officers: William Daniels, managing director at Ariane Capital Partners LLC, chairman; Salvatore Patti, senior vice president and g

Strategies for a falling-bond-prices environment

Mon, 05 Dec 2016 06:31:22 GMT2016-12-05T06:31:22Z

We're turning the corner after 30-plus years of declining interest rates. Why should we care? Because as interest rates rise in 2017, bond prices are likely to drop.

Nurses at Hahnemann, St. Christopher's reach tentative contracts with Tenet

Mon, 05 Dec 2016 06:30:33 GMT2016-12-05T06:30:33Z

The union representing registered nurses at Hahnemann University Hospital, St. Christopher's Hospital for Children, and St. Christopher's Pediatric Outpatient Clinic announced Sunday that it had reached tentative agreements on first contracts with Tenet Healthcare Corp., the Dallas-based for-profit chain that operates the hospitals.

Insider Transactions

Mon, 05 Dec 2016 06:30:29 GMT2016-12-05T06:30:29Z

Securities trades recently reported to the Securities and Exchange Commission by officers, directors, and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

At the Convention Centers

Mon, 05 Dec 2016 06:30:28 GMT2016-12-05T06:30:28Z

At the Convention Centers Conventions expecting 500 or more to attend.    Date Attendance    Pennsylvania Convention Center PA Bar Institute:

Bankruptcies in the region

Mon, 05 Dec 2016 06:30:28 GMT2016-12-05T06:30:28Z

Pennsylvania Temur Trucking Inc., 148 E. Street Rd., Feasterville-Trevose; Chapter 11; no schedules available. John Lyons, also known as Lyons, John E., formerly doing business as the Bean Cafe, 878 Mystic Lane, Norristown; Chapter 7, no schedules avaiable.

Business Calendar

Mon, 05 Dec 2016 06:30:28 GMT2016-12-05T06:30:28Z

Treasury Auctions 4-week bills, Dec. 6; 3-month, 6-month bills, Dec. 5; 1-year bills, Dec. 6; 2-year notes, Dec. 27; 3-year notes, Dec. 12; 5-year notes, Dec. 28; 7-year notes, Dec. 29; 10-year notes, Dec. 12; 30-year notes, Dec. 13; 5-year TIPS, Dec. 22; 10-year TIPS, Jan. 19; 30-year TIPS, Dec. 13.

Criminal-record sealing event for veterans set for Tuesday

Sun, 04 Dec 2016 23:52:58 GMT2016-12-04T23:52:58Z

DiSorb Systems Inc., 1800 W. Indiana Ave., will host a free expungement and record-sealing clinic Tuesday for honorably discharged veterans with criminal records - particularly records for non-convictions and minor misdemeanors.

The foreclosure nightmare continues in New Jersey

Sun, 04 Dec 2016 21:49:58 GMT2016-12-04T21:49:58Z

The neighborhood's zombie has, at long last, made it through foreclosure and is on the market. A quick tour of the house, which was vacant for nearly 30 months, revealed few surprises. When water and electricity have been turned off for more than two years at a property, you always assume the worst.

Executive Q & A: Axalta's Charles W. Shaver

Sun, 04 Dec 2016 17:43:32 GMT2016-12-04T17:43:32Z

From a skyscraper in Philadelphia, Charles W. Shaver, 58, runs a $4.1 billion global coatings company with 13,000 employees worldwide.

This younger home buyer knew he was ready and jumped in

Sun, 04 Dec 2016 10:55:18 GMT2016-12-04T10:55:18Z

For a generation accused of not being interested in becoming homeowners, there are certainly a lot of first-time-buyer millennials in the market these days.

Honda Ridgeline: Rides like a car, works like a truck

Sun, 04 Dec 2016 06:31:46 GMT2016-12-04T06:31:46Z

The procession to the midsize pickup cemetery had been quite long in recent years. It included caskets containing the Dodge Dakota, the Chevrolet S-10 and its GMC clone, the Ford Ranger, and, most recently, the Honda Ridgeline.

Mitsubishi Lancer Evolution Final Edition Vs. Ford Focus RS: This week, the fast, fun Focus

Sun, 04 Dec 2016 06:31:44 GMT2016-12-04T06:31:44Z

2015 Mitsubishi Lancer Evolution Final Edition vs. 2017 Ford Focus RS: Little racers, big fun? This week: 2017 Ford Focus RS

How Macy's and Sears may invite other retailers to take their spaces

Sun, 04 Dec 2016 06:31:39 GMT2016-12-04T06:31:39Z

Empty nesters often downsize into space better suited to their new needs. So do ailing department stores that sit empty due to new competition and the rise of digital shopping.

One-time legal hero's name dropped from bar benefit

Sun, 04 Dec 2016 06:31:35 GMT2016-12-04T06:31:35Z

Every schoolchild knows, or perhaps once did, that the libel and sedition trial of colonial-era publisher John Peter Zenger in one stroke forged a foundational right of citizens to criticize government.

Why the new car model year is ahead of time

Sun, 04 Dec 2016 06:31:30 GMT2016-12-04T06:31:30Z

Automakers use the model year to distinguish new vehicles sporting the latest updates in technology, styling, creature comforts, and options. But why are new models born in the future, with model year 2018 vehicles introduced in 2016, for example? Finding the answer is like finding Waldo.

Yes, your anti-lock braking system might be making that noise

Sun, 04 Dec 2016 06:30:48 GMT2016-12-04T06:30:48Z

Question: I'm having a recurring problem with my 2013 Chevy Impala with 31,000 miles on it. I'll go for months without any occurrences, and then it may happen five times in one week. It's a loud, scraping, grinding noise that lasts only a second or two an

Some suggestions for improving the standard home mortgage

Sun, 04 Dec 2016 06:30:47 GMT2016-12-04T06:30:47Z

The standard U.S. mortgage has two major weaknesses. First, because the payment obligation is rigid, it is very difficult to manage the repayment process efficiently. Second, because the loan balance that the borrower pledges to repay is not affected by any changes that occur in the economy, the borrower is forced to assume a risk that his or her equity in the property will decline.

Tips to keep your traditional hot-water heater from tanking

Sun, 04 Dec 2016 06:30:46 GMT2016-12-04T06:30:46Z

A neighbor had to replace a malfunctioning hot-water heater just two days before a nearby relative was forced to do the same thing.

Readers Respond

Sun, 04 Dec 2016 06:30:40 GMT2016-12-04T06:30:40Z

In an online survey, readers were asked, "What would you do with Milton Hershey's billions of dollars to advance his mission of educating poor and needy children?" Here are some responses. Read more online at


Sun, 04 Dec 2016 06:30:39 GMT2016-12-04T06:30:39Z

Titles: Chairman, CEO. Home: Villanova. Family: Wife, Sharon; children, Nicholas, 29; Ryan, 27; Megan, 22; Caroline, 14. Relaxes: At his Texas ranch.


Sun, 04 Dec 2016 06:30:39 GMT2016-12-04T06:30:39Z

Where: Philadelphia (Global), Glen Mills (North American). What they do: Make coatings for automobiles, industrial and building uses for firms in 130 nations.

One-time legal hero's name dropped from bar benefit

Sat, 03 Dec 2016 19:06:09 GMT2016-12-03T19:06:09Z

Every school child knows, or perhaps once did, that the libel and sedition trial of colonial-era publisher John Peter Zenger in one stroke forged a foundational right of citizens to criticize government.

Why high-tech machinists will be in demand in Philly region

Sat, 03 Dec 2016 06:30:16 GMT2016-12-03T06:30:16Z

While high-tech jobs attract the headlines, some of the most in-demand jobs in the next decade might be in an unexpected sector: manufacturing.

People on the Move

Fri, 02 Dec 2016 23:42:53 GMT2016-12-02T23:42:53Z

Mercy Health System has named Catherine Weaver senior vice president, mission integration. Weaver also will serve as a member of the senior administration team facilitating mission education, providing values-based leadership guidance to Mercy. She previously served as vice president for mission and human resources at St. Francis Healthcare in Wilmington. In addition, Abhiman B. Cheeyandira has joined the bariatric team at Mercy Health System's Nazareth Hospital.

BRIDGE project in Old City shows off its retailers

Fri, 02 Dec 2016 06:31:39 GMT2016-12-02T06:31:39Z

Pharma CEOs in shouting match over prices

Fri, 02 Dec 2016 06:30:38 GMT2016-12-02T06:30:38Z

Someone's mad about drug price increases. For once, it's not Bernie Sanders or Hillary Clinton - it's the CEO of a big U.S. biotech company.

Finding furniture stores that really deliver

Tue, 29 Nov 2016 21:38:03 GMT2016-11-29T21:38:03Z

You can sink a lot of money into furniture and - if you don't buy carefully - spend too much, wind up with defective products or months-late delivery, have to live with items you hate, or get stuck with pieces that don't hold up.

Jefferson debt upgraded on strong performance, despite low profit margin

Tue, 29 Nov 2016 14:16:42 GMT2016-11-29T14:16:42Z

Standard & Poor's has given its blessing to Thomas Jefferson University's rapid expansion under chief executive Stephen K. Klasko, upgrading the Center City institution's debt a notch, to A-plus.

Hormel offers ready-made food for chemo patients

Tue, 29 Nov 2016 06:31:06 GMT2016-11-29T06:31:06Z

AUSTIN, Minn. - Shortly after his mother died of cancer two years ago, Jeff Ettinger, then-chief executive of Hormel Foods, asked the company's specialty division to explore how to help people undergoing treatment or recovering from it.

The Boardroom

Mon, 28 Nov 2016 21:46:31 GMT2016-11-28T21:46:31Z

Gwynedd Mercy Academy High School has named Kathleen Kirk Bellwoar chair of its board of trustees. Bellwoar is president and founder of PPT Consulting. New trustees include Mike DeCandido, managing director of global contact center operations for Citibank, and R. Tripp Hyer III, senior vice president of sales and marketing for Gardner-Gibson.

Mitsubishi Lancer Evolution Final Edition Vs. Ford Focus RS: This week, the Lancer

Mon, 28 Nov 2016 16:18:28 GMT2016-11-28T16:18:28Z

2015 Mitsubishi Lancer Evolution Final Edition vs. 2017 Ford Focus RS: Little racers, big fun? This week: Mitsubishi Lancer

Stylish Pacifica hybrid: Plugged into the future

Mon, 28 Nov 2016 16:18:17 GMT2016-11-28T16:18:17Z

When it comes to minivan pioneering, you have to hand it to Chrysler. It invented the modern minivan more than three decades ago, and followed that with innovations like the Stow 'n Go backseats, which effortlessly disappear into cavities beneath the floor to create more cargo space.

Clutch problems related to bad emergency brake

Mon, 28 Nov 2016 16:17:11 GMT2016-11-28T16:17:11Z

Question: I have a 2006 Nissan Frontier with a V-6 engine and 65,000 miles on its odometer. We use it as our second vehicle, mostly for driving around town.

An artful, art-filled transition to apartment living

Mon, 28 Nov 2016 15:54:04 GMT2016-11-28T15:54:04Z

A century-old stone manor house anchors the retirement community of Waverly Heights in Gladwyne. Inside, residents' lounges are furnished with quiet Main Line elegance: pastel Chippendale sofas and chairs; mahogany side tables; floral prints.

A hot high-demand, low-supply market

Mon, 28 Nov 2016 15:27:03 GMT2016-11-28T15:27:03Z

One in a continuing series spotlighting real estate markets in the region's communities. In nearly a decade since the housing bubble burst in 2007, it has been rare for me to hear a real estate agent express unqualified enthusiasm for his market.

'Floor-to-ceiling' transformations underway at Shore apartment complex

Mon, 28 Nov 2016 15:26:35 GMT2016-11-28T15:26:35Z

SOMERS POINT, N.J. - When he talks about Bayview Court Apartment Homes, Jack Leonard's enthusiasm is boundless. The level of enthusiasm increases exponentially, however, when the veteran Haddonfield-based developer is showing you some of what is happening at the 202-unit, 5.7-acre complex just a handful of blocks from Shore Medical Center.

Ah, trends, how they come and go

Mon, 28 Nov 2016 15:22:17 GMT2016-11-28T15:22:17Z

Every time I plop down in the Morris chair near the fireplace in my living room, I think of the day, maybe 15 years ago, when I first learned that the space my parents once called the parlor was on its way out.

Check that cold-weather outdoor gear now

Mon, 28 Nov 2016 15:22:02 GMT2016-11-28T15:22:02Z

One thing that distinguishes where I live from the place where I grew up is the weather typical of late November through late February.

Eyeballing sectors, to see which might thrive in the Trump rally

Mon, 28 Nov 2016 14:52:44 GMT2016-11-28T14:52:44Z

Which sectors of the stock market might continue to rise as part of the President-elect Trump equity rally? Banks, for one, because interest rates likely will rise next month, and because of potentially less regulation.

How to know if buying into a Cyber Monday deal is worth it

Mon, 28 Nov 2016 13:12:03 GMT2016-11-28T13:12:03Z

Torn between the need to catch up at work postholiday and the lure of those "unbelievable" deals only available (maybe) on Cyber Monday?

Seller beware: Online shopping fraud is on the rise

Mon, 28 Nov 2016 12:50:38 GMT2016-11-28T12:50:38Z

The push by MasterCard, Visa, and other systems to get retailers and consumers to use computer-chip cards instead of the old magnetic-stripe cards has had a classic unintended side effect:

Business Calendar

Mon, 28 Nov 2016 06:30:29 GMT2016-11-28T06:30:29Z

Treasury Auctions 4-week bills, Nov. 28; 3-month, 6-month bills, Nov. 29; 1-year bills, Dec. 6; 3-year notes, Dec. 12; 10-year notes, Dec. 12; 30-year notes, Dec. 13; 5-year TIPS, Dec. 22. 10-year TIPS, Jan. 19; 30-year TIPS, Dec. 13.

At the Convention Centers

Mon, 28 Nov 2016 06:30:29 GMT2016-11-28T06:30:29Z

At the Convention Centers Conventions expecting 500 or more to attend.    Date Attendance    Pennsylvania Convention Center WorldCamp US3   Dec. 2-4    2,000