The Inquirer’s Tricia Nadolny has a great look today at efforts to pass a $15 minimum wage in Philadelphia. It probably wouldn’t be universal — City Council wants to protect small businesses from the expense, but is happy to let larger corporations bear the burden — and there are significant legal hurdles to overcome.
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Comcast has a few quirky items in its portfolio. Comcast Ventures backs a sports gambling site. Comcast owns theme parks based on a fictional boy wizard. The company also owns a ticketing company that is worse than Ticketmaster.
But the strangest business Comcast owns has to be the Philadelphia Flyers, a hockey team that usually does pretty well — but hasn’t won the Stanley Cup in almost 40 years, and sometimes still seems to be stuck in the 1970s. But not in how much the team is worth! Yesterday, Forbes posted its annual valuations of NHL teams, and the Flyers are the 7th-most valuable team in professional hockey.
Forbes values the Flyers at $625 million, based on revenue of $136 million last season and an operating income of $11 million.
Bankrate.com is reporting that Philadelphia has the highest bank overdraft fees in America — so, you know, it might be a good idea never to overdraft your account.
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Rich people, F. Scott Fitzgerald famously said, are different from you and me, and there was a doozy of an article in the New York Times last Thursday that proved it. The story was about rich people who send their kids away to ritzy boarding schools and then buy or rent houses near those boarding schools so they can stay close to their kids.
Let me repeat: These rich people send their kids away to boarding schools and then buy or rent houses near those schools so they can stay close to their kids. This shows precisely how rich people are different from you and me: They’re batshit insane.
The person who has the $21,000 missing from Revel is being more careful than Joey Coyle was.
To be fair, it’s a lot less money: Just $21 grand versus $1.2 million. But, the investigation into the missing $21,000 from Revel that fell off an armored car’s roof is officially closed.
Interested to know what Philadelphia School District superintendent William Hite makes? That one I can answer for you: $270,000 a year. Interested to know what your teacher friend makes? You’ll have to look that up yourself.
This week, the district published a full list of teacher information, complete with salaries, titles, pay rates, and representation. I just looked up a friend I went out for drinks with recently, and I decided I’ll be paying for drinks next time we hang out.
The file is available as a zipped CSV, or comma-separate values, which stores tabular data in plain text format.
The good folks at Forbes have put together a list of the 185 American families with fortunes of $1 billion or more, topping out at $152 billion thanks to the Wal-Mart Waltons, who are $63 billion richer than second placers (the Koch brothers) and a whopping $137 billion richer than our wealthiest family (the du Ponts).
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