Tuesday, October 21, 2014
Inquirer Daily News

Small Business

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Talking Small Biz: Startup hopes to bridge disconnect between how men's-focused American artisans sell their goods and how guys shop.
After 83 years repairing shoes, since he was recruited off a Camden sidewalk at age 11, James Spinelli, 94, is retiring this month and closing Quaker Shoe Repair in Haddonfield.
Talking Small Biz: The startup creates a central hub for data analytics, personalized skills-based matching and an engagement platform.
He had a hunch there was a market for monocles
Dennis Berry said to his three kids a few years ago: "Which one of you wants this?" By "this," the longtime West Chester resident meant a home-based business that was more like a hobby - one that his children and friends had regularly razzed him about.
Talking Small Biz: When Breyers closed its West Philly plant in 1995, Coleman and Ilene Poses were concerned. They founded their company 3 years later.
Talking Small Biz: Two Wharton juniors get ready to launch website to sell five shades of blue denim.
Talking Small Biz: The Conshohocken firm Think Brownstone is fast-growing, has a diverse client base, focuses on long-term relationships.
The Street: Here’s a look at how small businesses can offer more work-from-home benefits to employees, and why they shouldn’t be afraid to embrace the change.
Diane Mastrull: You might think that to those in the jewelry business, one Christmas is indistinguishable from the next, an exhausting onslaught of men and women looking to wow someone with a watch, a pendant, or an engagement ring that will inspire a "Yes!". But for Harvey Rovinsky, Christmas 2007 will forever be "embedded in my brain." And not for anything worthy of an eggnog toast.
The news is bad. Bad for the weary, end-of-day Chestnut Hill West commuters who get off the train at Evergreen Avenue and stop by this fanciful place - not necessarily to buy something, but to be someplace fun.
Peter Thiel - a founder of online-payments giant PayPal, the first investor in Facebook, and deal partner of Tesla Motors boss Elon Musk - disrupts and provokes. He pays smart tech kids to drop out of blue-chip colleges like Stanford (where Thiel went) and MIT. And he praises monopoly as the righteous goal of every thinking businessperson.
NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.
A U.S. bankruptcy judge's decision last week to allow the Trump Taj Mahal Casino in Atlantic City to jettison a traditional defined-benefit pension and company-sponsored health insurance could spell the end of historically solid benefits for low-paid casino workers.
ATLANTIC CITY, N.J. (AP) - A Florida developer who lost a bankruptcy court auction for the former Revel Casino Hotel in Atlantic City is now challenging the decision.
The Los Angeles Times reports that a special waiver allowed the 2010 film "Airbender" to shoot in Reading, Pa., and Philadelphia, reaping a special tax credit while effects work intended to create Pa. jobs was actually done out of state.
The Street: Even successful investors like Warren Buffett and Carl Icahn make bad bets from time to time. And other investors can learn from their costly mistakes.
A $253 million bond offering planned for this week by the New Jersey Casino Reinvestment Development Authority includes $60 million that will be paid to Pitney Bowes Inc. for a settlement linked to a renovation of Atlantic City's Boardwalk Hall that started in 1998.
The Street: The new system is safer because more data will be transmitted and everything is encrypted. In Europe, where the system has been used for years, credit card fraud was cut by 75%, to .035% of transactions, according to a 2012 study by the Federal Reserve Bank of Atlanta.
New Jersey and Pennsylvania have started taking more aggressive action to prevent drug overdoses. New federal statistics suggest that the action is overdue. Both states had among the biggest increases in overdose deaths nationally between 2010 and 2012, even as mortality appears to have leveled off in some other parts of the country.
Billionaire Carl Icahn won Round One in a Wilmington bankruptcy court on Friday, when a judge ruled to nullify Unite Here Local 54's contract pertaining to health-care and pension benefits for Trump Taj Mahal casino workers.