The Main Street Post

HONG KONG - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are… […]

BOYERTOWN - National Penn Bancshares Inc. has named Michael E. Capri vice president in commercial lines for National Penn Insurance. He reports to Dave March,… […]

There is no free lunch. As more people buy high-deductible health plans, they're discovering that while premiums for such plans are more affordable, the trade-off… […]

WASHINGTON - Sales of previously owned homes rose in April to the highest level in more than three years as housing continued to gain momentum. Purchases… […]

Dr. C. Ross McFarland, Tri County Area Federal Credit Union's Treasurer of the Board, has been selected to receive the 2013 Joseph A. Moore Lifetime… […]

U.S. Renal Care Inc., which operates about a dozen dialysis center in Pennsylvania, has formed a joint-venture with Pottstown Memorial Medical Center and a group of local physicians. The partnership will unite previously competing dialysis facilites under the same owner. Under the terms of the deal, U.S. Renal Care of Plano, Texas, has acquired a controlling […]

A Chinese private equity firm made a $7 million investment in Philadelphia investment advisory and consulting firm VTL Associates to help capitalize the firm’s future growth plans for its RevenueShares family of exchange-traded funds. The investment from Suzhou Industrial Park Kaida Venture Capital, an international venture capital firm based in Dalian, Chin […]

Keith J. Richardson, the revenue commissioner for Philadelphia, will serve as managing director of the Philadelphia Housing Authority Development Corp., which is affiliated with the Philadelphia Housing Authority. Richardson has relinquished his duties as revenue commissioner, where he has been since 2008. Between 1997 and 2003, he worked as a loan portfolio […]

A 311-unit apartment complex has been approved for South Kensington. Paul Rabinovitch’s Canus Corp. got the green light earlier this week to move forward with Soko Lofts at the former Absco Inc. steel site at 2nd and American streets in the South Kensington section of Philadelphia. I met Rabinovitch at One Shot Cafe to learn about his vision for South Kensin […]

The Columbia House, an institution in Phoenixville, Pa., is up for sale. The Victorian property at 148 Bridge St. was constructed in 1892. Its current owner, Donna Cashman and her late husband, Dan, bought the 13,555-square-foot building in 2000 for roughly $700,000. They totally gutted it and invested about $3 million in improvements ranging from new HVAC s […]