Yesterday in City Council, some of the leading advocates of lower wage and business taxes showed up at a hearing for Councilman David Oh’s quixotic (and politically doomed) bid to lower the wage tax from 3.92 percent to 2.09 percent by 2025. Read more »
Forty years after the original Brady Bunch series was cancelled, Florence Henderson, the actress who played mom Carol Brady on the show, has signed on as the spokesperson for Medical Guardian, a medical alert company (Think: “I’ve fallen, and I can’t get up!”) based in Philadelphia. Read more »
If you have kids, you no doubt are familiar with Five Below, the Philadelphia-headquartered chain of strip mall stores selling mostly toys and small household goods for $5 or less. Five Below was started in Wayne, Pennsylvania, in 2002 by Encore Books and Zany Brainy founder David Schlessinger and today boasts some 350 locations in 20 states. The company went public in 2012. And now Five Below and Schlessinger, among others, are named in a federal suit filed in Philadelphia alleging securities fraud. Read more »
Florida Gov. Rick Scott says he’s coming to Philadelphia next month to try to lure businesses and jobs here back to his state — making a rhetorical assault on Governor-elect Tom Wolf before Wolf even takes office.
Restaurants and Bars
Predictions by Jason Sheehan and Art Etchells, editors of Foobooz
- Culinary nostalgia will totally become a full-fledged trend. With Juniper Commons already bringing back the cuisine of the 1980s and Bud & Marilyn’s set to do the same for diner food, it looks like we’re all going to be eating a lot more raspberry vinaigrette and chocolate lava cake. The next big thing? Upscale TV dinners.
Run a small business? Then you’re keeping a big secret. C’mon … fess up. It’s about the holidays.
Sure, December is a festive, wonderful, joyous month. You’re not completely insensitive to the meaning of the season. You can party with the best, soak up the goodwill, and wipe away a tear when Will Ferrell gets everyone in New York to sing “Santa Claus Is Coming To Town.”
You love Christmas time! At least that’s what you tell everyone.
But deep down inside, behind that smile plastered on your face and your wishes of “peace on earth” and “happy holidays” there’s something else you’re feeling. It’s panic. For a business owner, the holidays churn up fears and bring out the worst of your financial anxieties. You know this is true. And you know the reasons why:
In a statement yesterday, Aramark announced that Joseph Neubauer, the company’s longtime chairman of the board, intends to step down from that role after 30 years. Eric Foss, who succeeded Neubauer as the company’s president and CEO in 2012, has been elected by the company’s board of directors to be the new chairman.
So far, the outlook for 2015 is pretty good. Most experts are predicting a continued economic strengthening with even one member of the Federal Reserve saying Monday that the “dreary days” of the economy may be over. The Hartford says both small- and medium-sized businesses are “successful” and “optimistic” about next year. Additional surveys of businesses conducted by Sage, Principal, ADP, PNC and others confirm the same: increased financial strength, growth and optimism as we head into the new year. Seems like good times ahead.
Uh … except for businesses in Philadelphia. Here, we face a few unique challenges. Challenges that may mean 2015 (and 2016) may not be so good. If you’re running a business in or around the city, be careful of these four potential bumps in the road.
In the modern age, finding someone with whom we can share the rest of our lives is about so much more than butterflies and the sweetness of true love. With people jamming so much into their busy lives, compatibility is also about the achievement of personal and professional goals, and aligning with someone who can help make those goal attainable — or, at least, not get in the way.
For reasons fair and unfair, children are often cited as a roadblock that can inhibit the progression of a woman’s professional ascent. There is, of course, the professional pushback on women who decided to have children — their careers are maligned by fewer opportunities and less pay.
But a new study by Harvard Business School’s Robin Ely and Colleen Ammerman and Hunter College sociologist Pamela Stone suggest it’s not the children online who are the problem. It’s the partners that women choose.