The Enterprise Center will shift to a fee-based “capital enabler” model and close two MBDA offices following federal funding cuts. The move aims to sustain operations amid reduced government support.
Browsing: Business
Philadelphia’s first indoor pickleball-only complex has opened in the renovated Di Bruno Bros. warehouse, offering state-of-the-art courts and amenities to meet the sport’s growing local popularity.
Santander announces plans to acquire Webster Bank for $12.3 billion, expanding its U.S. presence. The deal marks a significant move in the banking sector, aiming to enhance Santander’s market footprint.
Philadelphia businesses are bracing for new city taxes and increased utility bills this season, adding financial strain amid ongoing economic challenges, officials and entrepreneurs report.
New operators have taken control of Philadelphia’s former Sonder rental properties, signaling a shift in the city’s short-term rental market. The transition aims to enhance guest experiences and revitalize the local hospitality scene.
Immigrant-owned businesses in Philadelphia are reshaping neighborhoods and driving economic growth. “Working on the Edge” explores their challenges and contributions in a city embracing diversity and innovation.
A major real estate brokerage has launched operations in Philadelphia with 150 agents, aiming to expand rapidly through strategic acquisitions. The move signals increased competition in the city’s property market.
The Philadelphia Citizen highlights 20+ Black-owned businesses making a positive impact across the city. These enterprises drive economic growth, foster community support, and champion social change in Philadelphia.
Eli Lilly announced plans to invest $3.5 billion in a new manufacturing plant in Lehigh Valley, creating 850 jobs. The facility aims to boost production capacity and support the company’s growth strategy.
Several propane tanks caught fire outside a business in Philadelphia’s Roxborough neighborhood, prompting a swift response from firefighters. Authorities are investigating the cause as nearby residents were urged to stay clear.
Philadelphia small businesses can now access free tax preparation services through a new city program aimed at easing financial burdens and improving compliance, officials announced.
Philadelphia Insurance launches a new digital Business Owners Policy (BOP) platform, enhancing small business solutions with streamlined coverage options and faster quoting to better meet evolving client needs.
Shops across the Philadelphia area joined Small Business Saturday celebrations, encouraging local support and boosting community spirit. Special deals and events highlighted the importance of small businesses for the local economy.
Delta has unveiled upgrades to its Sky Club lounges in Philadelphia and Atlanta, enhancing passenger comfort with expanded spaces, improved amenities, and modern design elements, boosting the travel experience for business and leisure flyers.
Vista.today highlights the best places to work in Chester County, spotlighting companies praised for employee satisfaction, benefits, and workplace culture. Discover where local employees feel most valued and engaged.
Kristen Matkowsky joins The Business Journals as a senior reporter, bringing extensive experience in business and finance coverage. Her insights aim to deepen local market analysis and drive impactful storytelling.
A developer has purchased Fishtown’s prime corner, aiming to create a mixed-use project that combines residential and commercial spaces, marking a significant investment in the neighborhood’s evolving landscape.
The Philadelphia Citizen highlights 20 outstanding Black-owned businesses in Philadelphia making a positive impact. These enterprises drive community growth, innovation, and economic empowerment across the city.
Philadelphia’s economy closes 2025 with strong momentum and cautious optimism. Despite challenges like inflation and labor shortages, growth in tech, healthcare, and real estate sectors signals a promising outlook ahead.
The assessed value of a Center City office building was slashed by 55% following appeals, significantly reducing its property tax burden, according to The Business Journals. The decision reflects shifting market conditions.