Browsing: Business
Federal authorities have charged a Philadelphia man as a ringleader in an alleged NCAA point-shaving scheme, marking a major development in the ongoing investigation into collegiate sports betting fraud.
As 2026 approaches, industries brace for shifting market dynamics and emerging technologies. Business leaders are strategizing now to stay competitive in an evolving global economy, says The Business Journals.
California beverage manufacturer targets Bellwether District for a new massive facility, aiming to boost production and distribution. The move signals significant growth and investment in the local economy.
The last-ever penny was minted today at the Philadelphia Mint, marking the end of an era for the iconic U.S. coin. The decision reflects rising production costs and dwindling usage in everyday transactions.
Philadelphia launches the Incentive Grant, providing free funds to small businesses to support growth and recovery. This initiative aims to boost local economy and help entrepreneurs thrive amid challenges.
The City of Philadelphia has launched a Free Business Tax Preparation Program to assist small business owners with tax filing. The initiative aims to simplify compliance and support local economic growth.
Center City’s Wicked Wolf, a popular sports party bar known for its vibrant atmosphere and game-day events, is closing after a three-year run, marking the end of an era for local fans and nightlife.
The Shops at Liberty Place in Center City Philadelphia are officially up for sale, signaling potential changes for the popular retail and dining destination. WHYY reports the property could attract new investors soon.
Tony Sorrentino, a seasoned journalist at The Business Journals, is known for his insightful coverage of local business trends and economic developments. His reporting keeps readers informed and engaged.
Paris Baguette plans to open 20 new cafes in Greater Philadelphia, including its first location in South Jersey. The expansion aims to strengthen the bakery chain’s presence in the tri-state area.
Top business leaders played a pivotal role in Philadelphia magazine’s recent sale, orchestrating key negotiations and strategic decisions that shaped the deal. Their influence highlights the growing impact of local executives in media ownership transitions.
Philadelphia proudly supports its veteran community with over 15 exceptional veteran-owned businesses. From innovative tech startups to local eateries, these enterprises showcase dedication, resilience, and community spirit.
Businesses in Philadelphia must understand estimated tax payments to avoid penalties. The City of Philadelphia requires timely quarterly filings based on income projections, ensuring compliance and smooth financial operations.
In 2025, healthcare construction surged with two new hospitals opening and two multi-floor expansions underway, marking a significant boost in medical infrastructure and capacity across key regions.
Activists urge Philadelphia officials to repeal recent cuts to the city’s business tax, calling the move “lacking a moral compass” amid concerns over funding for essential public services and economic inequality.
In 2025, media stalwarts Kathy Romano and Mike Missanelli found themselves once again at the center of the industry’s revolving door, highlighting ongoing shifts in the media landscape.
More than 40 new restaurants and bars are slated to open in the Philadelphia area in 2026, signaling strong growth in the region’s dining and nightlife scene, according to The Business Journals.
The Philadelphia Fed’s August 2025 Nonmanufacturing Business Outlook Survey shows steady growth in the region’s service sector, with optimism tempered by rising costs and moderate demand challenges.
In 2025, Philadelphia’s housing market continued its slow climb amid rising prices and limited inventory. New data reveals persistent challenges for buyers and steady gains for sellers, reflecting a market still finding balance.
The Philadelphia Federal Reserve’s September 2025 Manufacturing Business Outlook Survey shows a modest rise in factory activity, signaling steady growth amid ongoing supply chain improvements and cautious demand forecasts.