Latest news with #Drexel
Yahoo
3 days ago
- Business
- Yahoo
Food trucks at Drexel University permitted to park overnight after city council passes bill
The Brief Back in April, food trucks serving the Drexel University campus said Drexel University Public Safety officers told them enforcement of current parking laws will begin on Friday. The vendors said the overnight parking enforcement would have put them out of business. On Thursday, Philadelphia City Council passed a bill that will allow food trucks to remain parked on campus overnight. PHILADELPHIA - The operators of food trucks on the busy streets of the Drexel University campus will remain in place overnight under a bill just passed by Philadelphia City Council. What we know Around spring break, the food truck operators say they were told by the university they could no longer keep their trucks in place overnight. The food truck owners viewed the mandate to move as a death blow to their businesses dependent on their long-held spots for survival. What they're saying The KAMI food truck has served Korean meals to Drexel University students and staff for eight years. Parked on 33rd. Street just off the bustling Market Street, the truck stays in its spot overnight to hold its position and keep its customers. "This is an open spot. I would come in the morning, and somebody could be parked here. I could lose the business," said Eunhee Han, owner of KAMI. Kaylee Rodriguez is a Drexel senior working at KAMI to cover books and fees. "I was scared for my boss this is her livelihood, and it impacts the community, especially the international students," said Rodriguez. City Council member Jamier Gauthier, who represents the Drexel area, said general safety concerns about food trucks is an issue Drexel has raised before, but this time she sponsored a bill to keep the trucks parked overnight. She said, "If we can have food trucks which bring good, affordable food to campus and public safety and value food trucks as small businesses." Gauthier sees no opposition from the mayor. The bill passed with no opposition Thursday in City Council. A spokesperson for Drexel wrote the university looks forward to working with the city, adding, "so that vendors can continue to operate their businesses- -at various locations throughout the campus- -while also ensuring the safety of the community." Kaylee Rodriguez said, "honestly, it makes everyone feel seen. The city does care for these people to stay in business."
Yahoo
25-05-2025
- General
- Yahoo
A Minute with Drexel: The heart of Memorial Day
PENSACOLA, Fla. (WKRG) – While Memorial Day may conjure up images of crowded beaches, parades, and patriotic picnics, the holiday has a more meaningful reason for being observed. News 5's Drexel Gilbert is thinking about that very important reason, and of how we can all honor the sacrifices that have been made in the name of freedom. Here's this week's Minute with Drexel: Hey, y'all! I hope you are having a nice Memorial Day weekend! Lots of us have different reasons for observing Memorial Day. Here on the northern Gulf Coast, Memorial Day is the official start of summer! And for others, it's a time for the beach, or backyard picnics, or… in the case of my family… celebrating a wedding! But, the true meaning of Memorial Day is much more significant. It's a day set aside to honor the men and women who died in service to our country. Across the United States, graves are decorated, flags are flown, memorials are visited and people far and wide say a whispered 'thank you' to the brave ones who lost their lives working to preserve our freedoms. So… how are you celebrating Memorial Day this year? As I've suggested to you in years past, perhaps we can remember and honor those who died in service by offering our own service. We don't have to enlist in the military to do that. We can honor those who fought and died for peace and safety by simply becoming better humans. We can choose to sow peace instead of discord… starting in our families, our neighborhoods, our communities, and the workplace. We can pray, as did St. Francis of Assisi… 'Lord make ME an instrument of your peace.' We can smile more and gripe less. We can stop making catty- and even hateful- comments on social media… I mean, what good comes of that anyway? We can be kind instead of self-centered. We can give, instead of reaching for more. We can look for those who are hurting, and try to help them heal. Just a few ideas. I'm sure you can come up with more! To all the heroes whose names and lives will be remembered this Memorial Day… thank you. May those of us who follow behind you work hard to be better and live better in memory and honor of your service and your sacrifice. And that's your Minute with Drexel. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Technical.ly
13-05-2025
- Business
- Technical.ly
Philadelphia's innovation community must lead the country's 250th anniversary. Here's how.
In 2026, the United States will celebrate 250 years since its revolution. Nearly all cities and states will contribute something to the complex anniversary, but Philadelphia can lay claim to being that revolution's center. The semiquincentennial is more than a chance to remember history and celebrate the present. It's an opportunity to imagine our future. Fresh off the 15th annual Philly Tech Week, we at are kicking off our efforts to ensure this ecosystem leads that conversation — and we need your help. Below are three starting-gun ideas, and a pledge of our own. If you're a founder, a technologist, a builder, a civic leader, or someone who cares about where this city is heading, we want you in. Fill out this short form to join the coalition. Join the coalition! Idea 1: Vision for the future Over the past year, has been gathering feedback from Philadelphians on a collective, 250-word vision for what this city could look like in the year 2276. From neighborhood festivals to public salons, we've asked: What do we hope Philadelphia becomes in another 250 years? You can read and respond to the working draft now at By this fall, we'll finalize it — and next May, we plan to install this vision in permanent displays across the city, in neighborhoods and civic spaces, where it can spark conversation and pride for generations. Idea 2: Shared launch We're calling on every startup, established company, institution and organization with a stake in Philadelphia's future: Let's launch something together. We're challenging you to time a product release, announcement, campaign, report or milestone during Philly Tech Week 2026 (target May 4-8). Whether your users are local or global, tie your work to this moment. Let's demonstrate to the world that this region knows how to collaborate, celebrate and lead. This is for everyone, from the scrappiest startup to the biggest employer in the region to companies HQ'd elsewhere that have a footprint in Philadelphia. We want you to think boldly and time your announcement to PTW 2026. Let's flood the headlines. Idea 3: Giant spectacle Twelve years ago, with Drexel's Frank Lee, we helped play the world's largest video game on the side of the Cira Centre. That spectacle defines what's possible when our community blends art, technology, and guts. We're working on a return. Maybe it's Tetris again. Maybe it's something even wilder. But rest assured, we intend to go big, to remind this city (and the country) what creative innovation looks like when rooted in place. Our pledge: 50 states, one week just hosted our annual Builders Conference as the capstone of PTW. This year, we had attendees from 25 states. In 2026, we're setting our sights higher. We're pledging to bring entrepreneurs and ecosystem leaders from all 50 states to Philadelphia next May. To make all this happen, we'll need entrepreneurs, technologists, storytellers, organizers, sponsors, venues, creative minds and future thinkers. Want to help? 👉 Fill out the short form to get involved. This is the heads up. You have 12+ months to plan. Let's make Philly Tech Week 2026 a global moment, grounded in a local legacy. We started the revolution. Let's lead the future.
New York Post
09-05-2025
- Business
- New York Post
Michael Milken summit rival has unique ties to famed ‘Junk Bond King'
This week's Milken Institute Global Conference in Beverly Hills faced a little competition – and it came from someone with an interesting connection to the famed high-profile investment bank that made Michael Milken a Wall Street legend, On The Money has learned. Milken, now a philanthropist and investor, made history by creating the high yield or junk bond market at Drexel Burnham Lambert back in the 1980s. It's where he earned the moniker 'Junk Bond King.' Milken and his team were among the most innovative financiers ever. Their so-called junk bonds, or high-yield debt, were used to finance some of the biggest companies when they were in their formative stages and turn them into corporate behemoths. Advertisement 3 Michael Milken (left) made history by creating the high yield or junk bond market back in the 1980s. It's where he earned the moniker 'Junk Bond King.' Adam Winnick has been quietly making a name for himself in crypto as an investor. Jack Forbes / NY Post Design He did have some help along the way. His partner in building Drexel into a powerhouse investment bank was the late Gary Winnick, a former furniture salesman from Roslyn, on Long Island, who moved his family west to work in Drexel's Beverly Hills office and emerged as one of the best junk-bond salesmen in the business. These days, Winnick's son, 49-year-old Adam Winnick, has been quietly making a name for himself in the burgeoning crypto business as an investor and thought leader. He has a competing conference – the Medici Network — also taking place this week, one that is more intimate than the sprawling Milken Global affair but is attracting its own A-list group of influencers looking for investment insights.. Advertisement Panels on the underlying blockchain technology, various new crypto related investments and the changing regulatory environment are all featured a few miles from the Milken summit right in Beverly Hills. Winnick has been hosting the four-day event, which ends Thursday, for the past eight years. It started small but now attracts a couple hundred people, mostly by invite. Full disclosure: I was a panel moderator at Milken, but I also spoke at Medici and can attest to the relevancy of its agenda, particularly as the Trump administration embraces the $3 trillion digital coin business. Winnick is well aware of the optics of running up against his dad's old partner and his own legacy. I knew Gary Winnick well before he died in 2003. He was a street smart salesman who became an entrepreneur in his post-Drexel life. He was a visionary who took chances. Many worked, some didn't. (He was the chairman of the now-defunct Global Crossing) 3 Milken at his namesake conference on Tuesday. REUTERS Advertisement Gary Winnick also never forgot his New York roots even while doing business in the more passive-aggressive environment of LA. People who worked with him recall his blunt, take-no-prisoners style. I can see the old man in Adam as I hung out at Medici between sessions at Milken. He also sees parallels between his old man's line of work and his current calling. Junk bonds aren't controversial these days; they're used seamlessly in corporate financing, but that wasn't always the case. Their controversial nature stemmed from their core utility of helping early stage companies circumvent the big NY banks for financing. 3 Gary Winnick, Milken's former partner, in 2002. REUTERS Advertisement It is why the government took aim at Milken and Drexel, eventually putting the firm out of business and forcing Milken to take a deal where he served jail time for a series of what I would call victimless, non-criminal offenses. Milken, of course, has since remade his life and career as a thought leader and philanthropist. He was pardoned by President Donald Trump during his first term. Adam Winnick points out to me that crypto, like high yield, is often vilified in traditional finance circles, and until recently by securities regulators. 'I actually think crypto is much more hated than junk bonds ever were,' he tells me. 'But digital assets are going to be way bigger than the high yield market ever was.' How does he feel about going up against his dad's old partner and boss with a competing conference? 'It helps to do my event at the same time, but it's total counter programming,' Adam said, before quipping, 'I also serve better food.'
Yahoo
05-05-2025
- Business
- Yahoo
Kenco adds 4 warehouses in Canada as part of 3PL acquisition
Third-party logistics provider Kenco announced Monday it has acquired the 3PL arm of Ontario, Canada-based distribution and fulfillment company Drexel Industries. The deal includes four warehouses in Ontario, serving Toronto, Detroit and Buffalo, New York, as well as 100 employees who will now work for Kenco. The transaction expands Kenco's presence in Canada. Financial terms of the deal were not disclosed. 'As Kenco continues to grow, we've looked for opportunities to better serve our existing customers across Canada,' Kenco President and CEO Denis Reilly said in a news release. 'With Drexel Industries joining the Kenco family, customers of both brands will gain access to a broader network of warehouses and logistics services.' Drexel's 3PL business provides dedicated and shared warehousing to B2B and B2C fulfillment platforms. The company also works with sellers on Amazon (NASDAQ: AMZN) and provides brokerage services and reverse logistics. Kenco said it plans to leverage Drexel's packaging expertise across its platform. Chattanooga, Tennessee-based Kenco provides numerous supply chain management services in addition to warehousing and fulfillment, like freight brokerage, transportation management and dedicated contract carriage. The company now operates 43 million square feet of warehouse space. 'Blending Kenco's automation and technology resources with our Canadian market knowledge and warehouses' proximity to key markets, we'll empower businesses across North America to reach new levels of distribution efficiency,' said Drexel CEO Jason Salmon. More FreightWaves articles by Todd Maiden: Forward Air looks for a fresh start in Delaware Tariffs trim Schneider National's 2025 growth expectations Losses continue to mount at Heartland Express The post Kenco adds 4 warehouses in Canada as part of 3PL acquisition appeared first on FreightWaves. Sign in to access your portfolio
