Radnor
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Cabrini Coaches Face Uncertain Future After Villanova Purchase
When Villanova University decided to purchase Cabrini University, it changed the vibe on campus and left Cabrini coaches in limbo, writes Michael Bradley for Main Line Today. Some, like coaches Kate Pearson and Steve Coffer, have already found work elsewhere. Pearson spent 14 years as head women’s basketball coach. She’s now head women’s basketball coach…
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Lincoln Financial in Radnor Welcomes Ellen Cooper, Its First Female CEO
Ellen Cooper is the new CEO of Lincoln Financial Group, Radnor. She is its first female CEO, making her one of just 44 women leading a Fortune 500 company, writes Jeff Blumenthal for the Philadelphia Business Journal. Cooper succeeds Dennis Glass, who was CEO for 15 years. She was also vaulted to the board of…
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NewSpring Capital in Radnor: Time to Invest in the Doughnuts
Radnor-based NewSpring Capital has lately had a hankering for doughnuts, writes Joseph N. DiStefano for The Philadelphia Inquirer. The private-investment group manages $2.5 billion for investors. It’s put that money into growth companies like medical devices, business software, specialty manufacturers and retailers. Last month, though, it bought a big stake in Philadelphia-based Federal Donuts and…
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Restored 1912 Radnor Tudor Owned by Daughter of Late Philadelphia Flyers Owner Hits Market for $5 Million
A restored 12,000-square-foot Main Line Tudor revival in Radnor owned by Lindy Snider, daughter of late Philadelphia Flyers owner Ed Snider, recently entered the market for $5 million, writes Lisa Dukart for Philadelphia Business Journal. Her husband, Dr. Larry Kaiser, is the former CEO of Temple University Health System. The eight-bedroom home features a 9,000-bottle…
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Radnor, Washington Firms Team Up to Buy 12 Industrial Buildings in Berks for $77.6M
A Radnor-based commercial real estate firm is teaming up with a Washington, D.C. firm to purchase 12 industrial buildings in Berks County, writes Andrew Kulp for the Daily Times. Endurance Real Estate Group in Radnor and ASB Real Estate Investments in Washington, D.C. are paying $77.6 million for the buildings. The purchase includes the entire…
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‘Smart Gun’ From Radnor Start-Up LodeStar Fires Only for Authorized Users
LodeStar, a Radnor start-up, is using smartphone technology to make guns safe, reports Christie Ileto for 6abc. Safety technology personalizes the gun, allowing it to be fired only by a verified user. The 9mm gun checks the fingerprint of the user and requires a code to be entered on the weapon’s keypad before it can…
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Chef Jose Garces Coming to the Main Line with New Baja-Themed Restaurant
Famed chef Jose Garces is bringing a new restaurant to the Main Line in early May, writes Vince Carey for the Daily Times. Garces, known as one of the Food Network’s Iron Chef America, is the force behind some of the most popular and highly rated restaurants in the country, and he’s now bringing his…
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NRx in Radnor Asks Again for Approval to Use Its COVID-19 Drug, Zyesami
NRx Pharmaceuticals out of Radnor has once again filed an application with the Food and Drug Administration for emergency use of its experimental COVID-19 drug candidate, Zyesami, writes John George for the Philadelphia Business Journal. The drug would be used on critical patients with COVID-19 who are at immediate risk of death from respiratory failure…
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Investments in Philadelphia-Area Startups Continue to Break Venture Capital Records
Startups in Greater Philadelphia are continuing to break records with the amounts of venture capital funding they have been raking in, writes Kennedy Rose for The Business Journals. In the third quarter 2021, Philadelphia-area startups raised $1.8 billion across 91 deals. That brought the total amount of venture capital raised this year in the Philadelphia…
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How’s This for Hot Pizza Delivery? This Entrepreneurial Startup Bakes Them en Route to Your Address
When it took two hours for a pizza to arrive one night, Adam Chain of Radnor knew he needed a new business model when it came to delivering pizzas, writes Michael Klein for The Philadelphia Inquirer. What he came up with was Muncho.com, a company that offers a hot pizza within 10 minutes within its…
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Duck Donuts Waddles in as an America Favorite
Duck Donuts, acquired early this year by an affiliate of a private equity firm in Radnor, has been named one of America’s favorite restaurant chains by Newsweek, writes Sue Gleiter for pennlive.com. Duck Donuts has made-to-order doughnuts with customer-customized toppings, including icings, drizzles, nuts, sprinkles and Oreo cookie crumbles. “This recognition is a testament to…
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Hope Travels Virtual 5K, Sunday, May 16, in Your Neighborhood
Participate in the Hope Travels Virtual 5K on behalf of a local nonprofit to help families relieve medical debt. It can be a lonely and frightening road for the catastrophically ill or injured. Not only do they have to cope with the trauma of their diagnosis, they and their families also face exorbitant out-of-pocket medical…
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“Hope Travels 5K” Supports Mission to Help Patients Cover Medical Expenses Through Community-Based Fundraising
It can be a lonely and frightening road for the chronically ill or injured, especially for those facing transplant surgery, or dealing with a sudden spinal cord injury. Not only do they have to cope with the trauma of their diagnosis, they and their families also face exorbitant medical costs. The COVID-19 pandemic has only…
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PA Student Debt Is Second Highest in the Nation. 2 Legislators Have Started a Coalition to Do Something About it.
Pennsylvania has the dubious honor of having the second highest amount of student debt in the nation, an average of $37,061 per student, writes Ford Turner for The Morning Call. State residents have $68 billion in student debt. Over 10 years, tuition increased 40 percent while higher education state funding dropped 5 percent. “You hear…
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