Browsing: Business
Small businesses across the Philadelphia area are experiencing a surge in sales and foot traffic as the Phillies’ playoff run energizes fans and boosts local commerce. Many vendors credit the team’s success for renewed community spirit.
Philadelphia’s business tax exemption has ended, but new city policies aim to reduce the financial impact on local companies. Officials introduce relief measures to support businesses navigating the change.
Fifteen Philadelphia businesses have been named among Greater Philadelphia’s Fastest-Growing Companies in 2025, highlighting the region’s expanding economic landscape and innovative entrepreneurial spirit.
Philadelphia businesses are opposing a proposed curfew bill that would require earlier closing times. Owners argue it threatens revenue and recovery efforts amid ongoing economic challenges. CBS News reports on the growing pushback.
Northeast Philly’s long-standing head shop, Artifax, is set to close after 48 years in business. The iconic store, known for its unique art supplies and counterculture items, will shut its doors this month.
A citywide curfew has gone into effect in Philadelphia, forcing most businesses to close at night. The measure aims to reduce violence and maintain public safety amid recent unrest, officials say.
Philadelphia businesses urge City Council to repeal new curfew laws, citing economic harm and unfair restrictions. The Institute for Justice backs the call, highlighting impacts on local commerce and community recovery.
Concordance Ferments has opened its doors in Montgomery County, bringing artisanal fermentation to the area. Meanwhile, Philly favorite PrimoHoagies announces expansion with a new location in Philadelphia.
Kate Scott, known for her work as a 76ers announcer, will lead WNBA broadcasts for Comcast’s new sports spinoff. This move signals Comcast’s expanding investment in women’s professional basketball coverage.
Philadelphia is implementing major changes to its tax code that will impact small business owners. Key updates include revised rates and new reporting requirements, aiming to simplify compliance but potentially increasing costs.
A half-empty Center City office tower has entered receivership amid an ongoing foreclosure case, raising concerns about the building’s financial stability and future management, according to The Business Journals.
Citadel Credit Union has been named an Official SBA Lender, boosting access to vital funds for small businesses in Greater Philadelphia. This move aims to drive local economic growth and support entrepreneurship.
1818 Market St. has been sent to receivership due to $239.5 million in debt, according to The Business Journals. The landmark property faces financial restructuring amid mounting liabilities.
The Federal Reserve Bank of Philadelphia released the 2025 Small Business Credit Survey for the Philadelphia-Camden-Wilmington metro area, highlighting key trends in financing, credit access, and economic challenges faced by local small businesses.
Philadelphia has implemented a new business curfew in select areas to address safety concerns. The regulation mandates earlier closing times, aiming to reduce late-night incidents and enhance community security.
The Business Journals unveils the 148 highest-revenue private companies in the Philadelphia Metro area. This exclusive list highlights key players driving the region’s economic growth and innovation across diverse industries.
Philadelphia ranks as a top city for business executives, according to a new survey. The city’s robust economy, skilled workforce, and vibrant culture make it a prime location for corporate leaders.
Penn graduate Charlie Javice was sentenced to 7 years in prison for defrauding JPMorgan Chase of $175 million. The case highlights ongoing scrutiny of fintech startups and investor fraud.
The “Always Sunny” gang turned their chaotic antics into a business empire, launching a series of quirky, often bizarre products. From questionable merchandise to unexpected hits, their ventures reflect the show’s offbeat humor.
Veteran-owned businesses in Philadelphia are making a significant impact on the local economy, blending military discipline with entrepreneurial spirit. The Philadelphia Citizen highlights their role in revitalizing communities and creating jobs.