Aldi To Reopen 30 Of 66 Shut Bottom Dollar Stores

Discount grocer Aldi said Friday that it will reopen 30 of the 66 former Bottom Dollar stores it took over in Pennsylvania, South Jersey, and northeast Ohio after the previous owner, the Delhaize Group, shut Bottom Dollar last year.

Five ex-Bottom Dollar stores in Philadelphia and 14 in the suburbs will reopen. Four Philadelphia stores will stay shut, along with 13 in the suburbs.

Aldi, an Illinois-based U.S. arm of Germany’s Albrecht family grocery conglomerate, said in 2013 it planned a $3 billion expansion, and Friday’s announcement is part of that effort.

Read more at http://www.philly.com/philly/business/20150328_Aldi_to_reopen_30_of_66_shut_Bottom_Dollar_stores.html#PzL7PW1CHTgYrswX.99

Additional article about Lehigh Valley locations:

http://www.lehighvalleylive.com/breaking-news/index.ssf/2015/03/aldi_to_convert_2_of_8_bottom.html

Pennsylvania PUC Cracks Down On Lyft, Uber Drivers

The battle for Pittsburgh’s passengers has heated up, with the Public Utility Commission issuing its first citations since two ride-share companies moved into the area earlier this year.

Court records show PUC enforcement officer Charles Bowser cited 23 drivers of ride-share companies Lyft and Uber between March 31 and April 21. Each driver is cited for operating a passenger carrier without a certificate of public convenience. The citations, issued through the office of District Justice Gene Ricciardi, were all dated April 22, and are being mailed to drivers.

According to court records, the trips cited by Mr. Bowser included four to 777 Casino Drive, which is the Rivers Casino; three trips to 300 West Station Square Drive, which is the Sheraton Station Square hotel; and six trips to 600 Commonwealth Place, which is the Wyndham Grand hotel.

PUC spokeswoman Jennifer Kocher said the enforcement officer’s actions — taking rides, then citing the drivers — were not atypical for enforcement procedures.

Read more: http://www.post-gazette.com/business/2014/04/26/PUC-cracks-down-on-Lyft-Uber-drivers/stories/201404250181#ixzz300fdROVt

Highmark CEO Compensation Tops $6M

English: Highmark Place from PNC Park in Pittsburgh, taken 2008 showing the new Highmark branding atop. (Photo credit: Wikipedia)

Last year, Highmark Inc. dished out more than $6 million to compensate its three CEOs.

In compensation figures filed with the state Department of Insurance this month, the state’s largest insurance company said it paid former CEO Kenneth Melani $3.3 million in 2012, even though he was fired April 1.  He was the highest-paid company employee for the year.

In fact, three of Highmark’s 10 highest-paid employees in 2012 are no longer with the company, having left early in the year.  In addition to Dr. Melani, former Highmark legal officer and corporate secretary Maureen Hogel and retired auditor and compliance officer Elizabeth A. Farbacher also had left Highmark by April.

Current Highmark CEO William Winkenwerder Jr., who was hired over the spring and began work July 16, took home $1.87 million in total compensation — $562,712 for his half-year of salary, plus a $1.18 million bonus and $131,000 in “other” compensation.

Read more: http://www.post-gazette.com/stories/business/news/highmark-ceo-compensation-tops-6m-679520/#ixzz2NiolPvSN