A federal judge ordered Monday that the Birdsall Services Group, indicted last week on charges of illegally hiding donations to politicians in North Jersey and elsewhere, be allowed access to some of its frozen assets so it can pay its employees and stay in business. S. Bankruptcy Judge Michael B. Kaplan, sitting in Trenton, ruled that Birdsall can use $1.7 million to pay salaries and health benefits for its 325 employees, but that none of the money can go to seven top executives who, along with the company, were indicted by a state grand jury last week.
We at Field Guide aren't usually too keen on corporate-owned mega chains (see glee in Starbucks closing above), but we can be bought: The South Philly I kea (2206 S. Columbus Blvd. 215.551.4532) sells $1 frozen yogurt cones right next to the smartly designed, cheaply made Swedish furniture. The next time you're buying a flurgenburgen, or sweating over how to set up the Billy bookcases or why it seems every woman in Ikea on a Saturday is pregnant, take a fro-yo break, yo. $ The accommodating staff at Capoqiro (117 S. 20th St. 215.636.9250; 119 S. 13th St. 215.351.0900. www.capogirogelato. com) will tiny-spoon scoop as many free samples of their artisanal gelato and sorbettp as your little heart desires. The creativity of their flavors is unmatched, and you can check the changes daily on ...
The United States has brokered a deal at the United Nations to thaw out more than $1.5 billion in frozen Libyan assets. The funds are to be given to the rebel Transitional National Council to help avoid a potential humanitarian crisis. This is a fraction of total frozen Libyan assets worldwide; the United States alone holds $30 billion. With Moammar Gadhafi's regime functionally ending and a new government starting to take power, it is time to use part of this money to bring justice to Col. Gadhafi's American victims. The Gadhafi regime was a longtime state sponsor of terrorism. The most notorious Tripoli-backed terror attack was the Dec. 21, 1988, bombing of Pan Am Flight 103 over Lockerbie, Scotland. That assault killed 270 people, of whom 190 were American citizens. The Libyan govern...
The man credited with creating the ice business and ushering in the era of fresh foods is Frederic Tudor, described by his biographer Gavin Weightman (The Frozen-Water Trade, 2003) as "a diminutive, pig-headed Bostonian." Tudor was one of your classic when-life-hands-you-lemons-make-lemonade kind of guys. While his fellow New Englanders waited out the long winters huddled around the stove, Tudor beheld the frozen landscape and thought: There's money in that ice. In 1806 he made his first shipment of ice cut from a frozen Massachusetts pond. His initial market wasn't the American South, though, but the West Indies, which had torrid summers and ports served by ships needing paying cargo on the trip south. The first voyage was a fiasco, Tudor having neglected to consider (among other overs...
Ice was a hot commodity this past week when power was out. If you doubt it just ask Zachary Pope, the owner and chef Roundz in Gambrills - his power was out for five days at his home. Pope quickly realized that with the power out he would need ice at his house, and if he needed it, chances are good that so did his neighbors. Fortunately, his restaurant never lost power and the ice maker didn't stop producing. Roundz is here and we are here to cater to our community and if it is giving away ice - OK." said Pope.
First Interstate's practice is rare and laudable, according to Eric Halperin, director of the Center for Responsible Lending in Washington, D.C. "These boys (Hall and Russiff) got a decent bank and a bank that does the right thing," Halperin said. The debit card trouble surfaced in March on Friday the 13th. Because it was a weekday, Jakke Hall was able to go down to First Interstate Bank and transfer $600 from her savings into the dead debit card account so they could drive home.
The ex-dictator emerged from exile last weekend saying he wanted to help his homeland, it could have more to do with his desire to get at $6 million frozen in a Swiss bank account. When Jean-Claude Duvalier suddenly emerged from exile last weekend, saying he was in Haiti "to help" his devastated homeland, fears immediately spread that the former dictator had come to stake a new claim to power.
In the corner of a chilly lab in BioBanc USA's sparkling new Ryan Ranch headquarters squats a specialized freezer worth a quarter of a million dollars. It's an expensive bit of futuristic technology, but the braintrust behind BioBanc is confident that the contents the "bioarchive" keeps at minus-196-degrees will prove infinitely more valuable. On Saturday, April 21, a group of decorated physicians-joined by politicians, investors, potential investors and press-will gather at BioBanc for a grand opening spokespeople tout as "half education, half celebration." An expert medical panel, anchored by Dr. Dominique Charron, a professor of immunology at the University of Paris and chairman of the department of immunology at St. Louis Hospital (also in Paris), will explain how "freezing our immu...
FRANKFURT, Germany - Europe and the United States are preparing to unfreeze billions of dollars in Libyan assets that will be crucial to the country's success after Moammar Gadhafi. But even after the influx of money, Libya's economic recovery will be neither easy nor rapid. Its valuable oil sector could take a year or more to restart, and the economy will need many reforms after being ruled for decades by the whims of a dictator and his cronies.
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