Commerce
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Public Hearing Scheduled for Crozer-Keystone Sale
The Chester-based Crozer-Keystone Health System has scheduled a May 4 hearing before officials of the Pennsylvania Office of Attorney General regarding its sale to Prospect Medical Holdings, writes Harold Brubaker of the Philadelphia Inquirer. According to Brubaker, “Crozer-Keystone is a tax-exempt entity and the sale of its assets to the for-profit Prospect, which is based…
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Villanova Alum Gifts $22.6 Million to Renovate Pavilion
Villanova alumnus and investment banker William B. Finneran has gifted $22.6 million to his alma mater in the wake of its men’s basketball team’s thrilling national championship, writes Jeff Blumenthal of the Philadelphia Business Journal. The donation is earmarked for the renovation of the Pavilion as well as programmatic support for the men’s basketball program.…
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U.S. News & World Report: Strath Haven and Radnor Top Public High Schools in County
Taxpayers in the Wallingford-Swarthmore and Radnor Township school districts, particularly those with school-aged children, can rest easy, knowing that the money they’re spending in taxes is worth every penny. The U.S. News & World Report, in conjunction with North Carolina-based RTI International, a global nonprofit social science research firm, released its 2016 rankings of the…
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House of the Week: Fairway Estate in Haverford
This beautifully renovated and expanded stone estate home is set on almost two acres near the prestigious Merion Golf Club, the home of the 2013 U.S. Open, overlooking the fairway on the West Course’s first hole, writes Matthew Sheridan of Philadelphia Magazine. Located at 20 Dartmouth Lane in Haverford, this mansion chose to build out…
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Delaware County Community College Student from Broomall Recognized
Delaware County Community College student Sameena Elkhashab, a Broomall resident, was recognized by the Phi Theta Kappa honor society of two-year colleges and the Pennsylvania Commission for Community Colleges for her academic achievement and community volunteerism. Elkhashab was among 45 scholars from Pennsylvania’s 14 community colleges honored on April 4 at the annual banquet of…
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Radnor’s Safeguard Scientifics Joins Three Banks in $30 Million Investment
Radnor’s Safeguard Scientifics, a venture capital firm, joined PNC, TD, and Wells Fargo banks in a $30 million, Series E investment in New York City’s Transactis, writes Dan Norton of the Philadelphia Business Journal. Transactis, a provider of electronic billing and payment services, offers a cloud-based bill payment platform that is features-heavy. Users can access…
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HeadRoom Brings Shared-Office Space in the Suburbs to Media
In response to the fact that an entrepreneur’s life can get lonely, particularly in the suburbs, where the opportunity to bounce ideas off someone or network isn’t as simple as stepping outside like it is in the city, Dan Lievens and John Tooher have created HeadRoom LLC to bring the urban virtual office beyond city…
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Delco’s 5.0 Percent Unemployment Rate Lower than State Average
The Pennsylvania Department of Labor & Industry and its Center for Workforce Information & Analysis recently released an employment situation report, and it speaks to how well Delco is doing relative to the other counties in the state. Three of perhaps the biggest indicators of Delaware County’s prosperity are Its per capita personal income is…
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Uno Chicago Grill Coming to Chester
Chester is set to get a major chain restaurant this year, writes Kenneth Hilario of the Philadelphia Business Journal. An Uno Chicago Grill is currently being constructed at 15th Street and Providence Avenue, with a targeted opening date of early June. The restaurant will stand at 10,073 square feet, which includes a patio, and can…
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Delta’s Refinery in Trainer Reports Losses
The refinery of Delta Air Lines in Trainer posted a $28 million loss in the first quarter of this year, after seven consecutive quarters of profitability, writes Linda Loyd of the Philadelphia Inquirer. According to Loyd, Delta did not detail on a conference call with investors why the refinery lost money, after reporting an $8…
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Wawa’s Growth in Philadelphia Continues with New Center-City Location
Wawa has morphed from being just a convenience store and staple of the rush-hour landscape to a full-service operation that is a take-out restaurant, coffee house, bakery, and gas station all wrapped into one, writes Suzette Parmley of the Philadelphia Inquirer. The Delco-based chain with 725 stores and $9 billion in sales in 2015 announced…
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Judge Allows Media Lawyer’s Lawsuit Against Led Zeppelin to Move Forward
A California judge has declared that there is enough evidence for Media lawyer Francis Alexander Malofiy’s lawsuit against Led Zeppelin to move forward, writes Victor Fiorillo of Philadelphia Magazine. Malofiy went to federal court in 2014 to file a lawsuit against the group he claims stole parts of “Stairway to Heaven” from some long-gone group…
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Darby Appoints First Black Female Police Chief in PA
Regina Price is set to make history by becoming the first female police chief in Delaware County, as well as the first African-American female police chief in the state of Pennsylvania, according to the Delco Times. The Darby Township Board of Commissioners unanimously hired Price in March. She is scheduled to be sworn in next…
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Wayne’s B Lab to Pull Conference from North Carolina Because of Bathroom Law
Wayne’s B Lab, a nonprofit that created and awards the B Corporation certification for for-profit organizations, will move its annual conference from North Carolina unless the state changes its law regarding public bathroom use, writes Jane M. Von Bergen of the Philadelphia Inquirer. North Carolina law requires people to use public bathrooms based on the…
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Radnor’s Airgas Splits South Distribution in Two
Radnor’s Airgas, Inc. has announced the reorganization of its South distribution region into two separate regions within the Company’s South Division, according to Industrial Distribution magazine. Through its subsidiaries, Airgas is the largest American distributor of industrial, medical, and specialty gases, and hard goods. The company’s redefined South Region is headquartered in Tampa, Florida, and…
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Irish Drug Company Appoints President of U.S. Operations in Radnor
Adapt Pharma, the Dublin, Ireland-based drug company, has appointed Mike Kelly as president of U.S. operations, located in Radnor, writes John George of the Philadelphia Business Journal. The company is renowned as the maker of the Narcan nasal spray used to treat patients suffering from overdoses of heroin and other opioid medicines. Kelly will be…
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House of the Week: Fairy-Tale Cottage in Villanova
The relatively small lot – 0.27 acres – cannot dampen the beautiful exterior of this four-bedroom, three-bath property at 29 Aldwyn Lane in Villanova, writes Matthew Sheridan of Philadelphia Magazine. The Tudor house has cream stucco with blue wood-beam accents, a color combination that you don’t see very often. There are also green shutters and…
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Wawa Gifts $5 Million to Children’s Hospital of Philadelphia
The Wawa Foundation, a nonprofit corporation founded by the Delco-based convenience store chain, has gifted $5 million to the Children’s Hospital of Philadelphia, writes John George of the Philadelphia Business Journal. The West Philadelphia hospital plans to formally announce the gift during a ceremony Tuesday morning to dedicate its newly constructed, 1,500-square-foot Wawa Volunteer Center…
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