Business News Online

PHOENIXVILLE — Mishock Physical Therapy & Associates opened its fourth location on 131 Nutt Road earlier this spring. The practice was officially welcomed by the community yesterday, June 28, during a ribbon cutting ceremony sponsored by the Phoenixville Chamber of Commerce. Congressman Jim Gerlach was in attendance to congratulate owner John Mishock.

Mishock said, “We are thrilled to join the Phoenixville community and feel confident that our services will truly help those individuals looking to relieve pain, restore function, and return to the highest quality-of-life possible.”

Located across from Phoenixville hospital, Mishock Physical Therapy offers state-of-the-art physical therapy and rehabilitation services.

Mishock Physical Therapy specializes in treating a wide variety of physical therapy and chiropractic needs and recently added a Medical Nutrition Therapy & Weight Management component. The practice has three other locations in Gilbertsville , Skippack , and Barto . C

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South African motorists are starting to struggle to find fuel as effects of the national chemical workers’ strike takes hold.

Fuel Retailers’ Association CEO Reggie Sibiya told the Mail & Guardian on Wednesday that petrol stations were now beginning to feel the effects of the strike.

“We are starting to experience severe shortages countrywide, particularly in Gauteng. The major effects of the strike are certainly being felt and it will only get worse,” Sibiya said.

Engen stations in Gauteng were running out of petrol because oil tankers are unable to leave some depots, the Engen Refinery said on Wednesday.

“Gauteng is the hotspot. Read more…

SOUTH BEND — Local economists fear if debt ceiling debate is not resolved, it could create problems in the economy.

When the nation’s economy is growing at a fast enough pace, our debt does not grow. But right now the economy is not growing fast enough. That has politicians on edge, and a debt ceiling debate is on.

Tom Cosimano, an economics professor at the University of Notre Dame, said if you aren’t following the developments in Washington D.C., maybe you should.

“This raising of the debt limit has to deal with the long term fiscal position of the government — what’s going to happen in the next 10 to 20 years,” Cosimano said. 

The federal government is taking in less than what’s going out. Cosimano said there’s one easy solution: raise more money.  But the big question is how.

“Do you cut government spending, or do you raise taxes?,” he said.

The politicians in Washington are divided. The political part is: which one is more appropriate?

But the clock is ticking! And i

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A renewed offer from employers in the metal and steel industry would be considered by unions this weekend.

Details of the new proposal from the Steel and Engineering Industries Federation of South Africa (SEIFSA) — the body representing employers in the negotiations — are sketchy, but unions said they would begin discussions on the offer on Friday.

The National Union of Metalworkers of South Africa (Numsa), the main union involved in the two week-long industrial action, told the Mail & Guardian on Friday that there were no signs the strike would end soon.

“We have not reached any deal. We’ve had a look at this offer and decided to take it to our people and see if it is the best the employers can do. Read more…

The MillerCoors brewing company will soon be forced to pull 39 brands of beers from every restaurant, bar and liquor store in the state of Minnesota.

It’s all because the company couldn’t renew its brand label registration before the state’s government shut down.

“What that means is they’re not able to either distribute or sell their product in this state,” said Doug Neville, spokesperson for the Minnesota Department of Public Safety.

MillerCoors, a joint venture of SABMiller and Molson Coors, put in for the renewal in mid June, but that application wasn’t accepted because the company “overpaid their fees,” according to Neville.

“When they resubmitted their application it wasn’t received in time for us to process it before the government shutdown occurred.”

Neville said the bare-bones staff with the state Alcohol and Gambling Enforcement department have reached out to MillerCoors for a removal plan, so he said it will likely be a day or two before the company begins pulling the product.

Beer is just the latest in a long line of casualties — including 22,000 state workers — to fall victim to the state’s government shutdown.

What is happening in Italy? Old stereotypes have been common in recent reporting of the worsening crisis in the eurozone. These Mediterranean countries with their big state debts, “problems” with criminality and established black economies have frequently been lumped together as the “sick men of Europe”: lazy, unproductive, with trade unions who go on strike and people who protest in the streets. How outdated they are! Yet this kind of analysis is almost useless in helping us understand what is happening in Italy, and why is it taking place now. It also gives us no insight into the deep human costs produced by Italy’s current problems.

There is no doubt that the Italian economy is in deep trouble. The huge state debt has been in place for decades. Savage cuts have hit the education and the university sector. Many young people find it almost impossible to find stable work, thanks to a massive increase in the flexible nature of the labour market, something that has been pushed by governments of both the left and right in the 1990s and 2000s.

As a result, a whole generation is being systematically excluded from professional work and state institutions. Read more…