Browsing: Business
Northeast Philadelphia businesses along Cottman Avenue are recovering after a deadly medical jet crash. Owners are making repairs amid investigations into the incident, which caused significant damage and disrupted daily operations.
A Philadelphia business owner expresses concern over proposed SEPTA service cuts, warning they could reduce customer traffic and harm local economy. Community impact fears grow as SEPTA considers budget changes.
Rite Aid, once a leading U.S. drugstore chain, announced the closure of all its stores amid mounting financial struggles and fierce competition. The retail giant’s fall marks a significant shift in the pharmaceutical retail landscape.
Philadelphia is one of three Pennsylvania cities named a hotspot for business executives, according to a recent survey. The city’s growing economy and vibrant culture attract top professionals, FOX 29 Philadelphia reports.
Thirteen Lavin Cedrone lawyers are set to join a Chicago firm ahead of their firm’s closure. They will establish a combined office in Center City, marking a strategic move in the regional legal market.
The City of Philadelphia offers a range of events and networking opportunities designed to support tech businesses. These initiatives foster collaboration, innovation, and growth within the local tech community.
Philadelphia unveils a new plan to reduce business taxes, aiming to boost economic growth and attract investment. The proposal focuses on easing tax burdens while balancing city revenue needs, sparking debate among stakeholders.
In 2025, many Pennsylvania small businesses could boost growth by tapping into lesser-known state programs offering financial aid, training, and technology support. Experts urge entrepreneurs to explore these valuable resources.
The Federal Reserve Bank of Philadelphia’s April 2025 Manufacturing Business Outlook Survey reveals steady growth but notes challenges in supply chain delays and rising costs impacting regional manufacturers.
WuXi advances with a $510M life sciences campus in Delaware, despite selling its Navy Yard operations. The move underscores the company’s commitment to expanding its U.S. footprint and innovation capabilities.
“Working on the Edge,” featured in The Philadelphia Citizen, explores the challenges and resilience of city workers navigating evolving job landscapes. The article highlights innovation, labor struggles, and community impact in Philadelphia’s workforce.
The Philadelphia region’s 35,000 federal workers play vital roles, from boosting business exports to providing veteran care. Their diverse efforts highlight the government’s impact on local economy and community well-being.
Philly-area businesses faced supply chain disruptions, labor shortages, and inflation in 2024. Many anticipate cautious growth in 2025, focusing on innovation and workforce stability to navigate ongoing economic uncertainties.
Philadelphia business groups have filed a lawsuit against the city over its late-night curfew, arguing it harms local commerce and violates their rights. The Northeast Times reports the legal battle intensifies as restrictions remain in place.
Southern Land Co. has secured a $900M footprint in Philadelphia’s luxury multifamily market, marking a major investment that underscores the city’s rising appeal for upscale residential development.
A Trump executive order is raising concerns in Philadelphia, potentially restricting small business lending. Local advocates warn the policy could limit access to crucial funds, stalling growth and job creation in the city.
A Center City apartment building has been listed for sale, presenting a prime value-add opportunity for investors. The property offers potential for renovation and increased returns in a competitive market.
The University of Pennsylvania has received a $2.55 million gift from the foundation of the former Aramark CEO. The donation will support university programs and initiatives, enhancing educational opportunities.
The PA Department of Community & Economic Development highlights 7 key resources supporting minority-owned businesses in Pennsylvania. These programs offer funding, training, and networking to boost growth and equity in the state’s economy.
The Department of Revenue in Philadelphia faces mounting criticism over inefficiency, mismanagement, and outdated systems, sparking calls for urgent reform to better serve residents and improve city finances.