Browsing: Business
Philadelphia has ended its DEI standards for business contracts following a federal ban under the Trump administration. The move has sparked diverse reactions from community leaders and activists.
The Federal Reserve Bank of Philadelphia’s May 2025 Manufacturing Business Outlook Survey reveals mixed industry signals, with modest gains in output and employment amid ongoing supply chain challenges.
The death of the penny is creating challenges for businesses as they adjust to new pricing and cash-handling practices. Retailers are caught in the middle, balancing customer expectations and operational costs.
Philadelphia is introducing new regulations and support programs aimed at small businesses, including updated licensing rules, expanded grant opportunities, and streamlined permit processes to boost local economic growth.
A South Philadelphia meat supplier, a staple in the community for 79 years, has closed its doors. The family-run business cited changing market conditions and rising costs as key factors in the decision.
The U.S. Mint has pressed its final pennies, ending over 230 years of production. The historic move marks a shift in currency policy amid rising costs and debates on the penny’s relevance in today’s economy.
A Le Bec-Fin alum is launching a new Philadelphia restaurant featuring global cuisine and a 70s-inspired vibe. The venture aims to blend nostalgic ambiance with diverse flavors, marking a fresh chapter in the city’s dining scene.
Big law firms are rapidly expanding in Philadelphia, drawn by the city’s top legal talent and growing client base. This surge signals a competitive shift in the region’s legal market, boosting opportunities and reshaping the landscape.
Philadelphia business leaders urge a coordinated effort to maximize opportunities ahead of 2026, emphasizing collaboration across sectors to boost the city’s economy and infrastructure, The Business Journals reports.
“Business for Good: Committing to Kensington” spotlights Philadelphia companies investing in Kensington’s revitalization. These efforts aim to boost local economy, create jobs, and foster community growth in this historically challenged neighborhood.
Ahead of America’s 250th birthday, I visited the Museum of the American Revolution. Highlights included rare artifacts, immersive exhibits, and interactive displays that bring the nation’s founding story vividly to life.
Philadelphia has extended the deadline for its relief program to support residents and businesses. Additionally, the city announced new tax cuts aimed at easing financial burdens amid ongoing economic challenges.
The Federal Reserve Bank of Philadelphia released its September 2025 Nonmanufacturing Business Outlook Survey, revealing mixed sentiment among regional service sector firms amid ongoing economic uncertainties.
Remote work is declining nationwide in 2025, but several Philadelphia business leaders remain committed to flexible policies, emphasizing productivity and employee satisfaction in a changing work landscape.
Greater Philadelphia’s 272 largest employers showcase the region’s diverse economy, spanning healthcare, education, finance, and manufacturing. The Business Journals highlights their role in driving growth and job creation locally.
Businesses in Philadelphia are opposing a proposed curfew bill, arguing it would harm nightlife and local economy. Owners urge lawmakers to consider the impact on jobs and community before passing restrictions.
Philadelphia-based Rite Aid has closed all its remaining stores after more than 60 years in business, marking the end of an era for the iconic pharmacy chain, according to 6abc Philadelphia.
A Philadelphia-based clinical trial software company is set for acquisition in an $8.9 billion deal, marking a significant move in the life sciences tech sector, The Business Journals reports.
Philadelphia businesses are uniting to oppose the city’s proposed expanded curfew, arguing it would harm revenue and public safety. Local leaders urge reconsideration to support economic recovery efforts.
Six Bucks County companies have been recognized among the largest women-owned businesses in Greater Philadelphia, highlighting the region’s growing female entrepreneurship and economic impact.