-
Comcast Hires 2 Banking Firms As Company Explores Potential Bid for Warner Bros. Purchase
Comcast recently hired two banking firms — Goldman Sachs and Morgan Stanley — as it explores making a bid for Warner Bros. Discovery’s studio and streaming businesses, write Dawn Chmielewsky, Amy-Jo Crowley, Dawn Kopecki, and Milana Vinn for Reuters. The two firms will be responsible for helping Comcast evaluate a prospective offer. According to two…
-
Mayor Parker Launches New Task Force to Revitalize, Renew Struggling Market East Corridor
Mayor Cherelle Parker and her administration have announced the formation of the Market East Advisory Group, tasked with renewing Market East, write Joe Brandt and Natasha Brown for CBS News Philadelphia. The new task force is a partnership between Comcast, the Philadelphia 76ers, the Fashion District’s owner Macerich, Brandywine Realty Trust, Thomas Jefferson University, Visit…
-
CHOP Doctors Save Toddler’s Life With First-Of-Its-Kind Surgical Intervention
A group of doctors at the Children’s Hospital of Philadelphia recently pioneered a new surgical intervention that helped save a toddler’s life, write Stephanie Stahl and Casey Kuhn for CBS News Philadelphia. Their medical intervention allowed the child whose heart was failing fast live 9 months without a heart. Dr. Katsuhide Maeda of CHOP said…
-
Comcast Shares Decline As Broadband Subscriber Numbers Continue to Drop
Comcast has seen its shares drop as its number of broadband customers has declined for the 10th straight quarter, writes Kelcee Griffis for Bloomberg. In this past quarter, the Philadelphia-based cable and media conglomerate reported a loss of 140,000 broadband subscribers. While a significant number, it is much fewer than the 140,000 predicted by analysts.…
-
Wall Street Journal: MontCo Man Builds Dream Lego World in Basement
An increasing number of adult Lego fans are transforming parts of their homes into elaborate worlds full of giant sets and detailed dioramas, including one Montgomery County man, writes Te-Ping Chen for The Wall Street Journal. Evan Rubin, 41, wanted to have a break from the monotony of daily life, from shuttling kids to and…
-
Ten Penn Center Sold in $30M Deal, Conversion Project to Follow
The sale of Ten Penn Center is now complete, closing a $30 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. PMC Property Group acquired the 27-story, Center City building from a partnership between two firms, Sterling Equities in New York and Greenville Partners based in West Chester. This sale close comes more than…
-
Orchestra Life Sciences Headquarters Moving from Canada to Philadelphia Navy Yard with Planned Expansion
Orchestra Life Sciences is moving its headquarters from Montreal in Canada, to the Philadelphia Navy Yard as it prepares for rapid growth, writes John George for the Philadelphia Business Journal. The firm, which supports pharmaceutical and biotechnology companies developing therapies for cancer and rare diseases, currently has more than 60 employees around the world and…
-
Venture for America, Comcast Roles Help Cheltenham Woman Pivot Into Dream Job Investing in Startups
Antonia Dean, a Cheltenham resident, secured her dream role after gaining experience at Venture for America and Comcast, where she developed programs to support local startups, writes Sarah Huffman for Technical.ly. Today, Dean is a partner at Black Operator Ventures, a seed-stage venture firm where she focuses on investing in companies others might overlook. Dean,…
-
Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has been sold, writes Paul Schwedelson for the Philadelphia Business Journal. The investors who have acquired the iconic Spanish baroque buildings plan to make capital improvements to the property, hoping to enhance its tenant value. “We…
-
Philadelphia Shipyard to Build South Korean Nuclear Submarines After U.S. Technology Deal
President Donald Trump announced last month on social media that the United States will share its nuclear submarine propulsion technology with South Korea, which plans to construct its submarines at the Philadelphia Shipyard, writes Justin Katz for Breaking Defense. “South Korea will be building its Nuclear Powered Submarine in the Philadelphia Shipyards, right here in…
-
Rising Health Insurance Costs Loom for Philadelphia as Federal Aid Ends
Nearly 500,000 Pennsylvanians could be facing sharp increases in their health insurance costs next year as the federal assistance that has been helping keep premiums affordable is now coming to an end, write Ryan Deto, Isaac Avilucea, and Sabrina Moreno for AXIOS Philadelphia. As open enrollment for Pennsylvania’s health insurance marketplace starts on Saturday, the…
-
Warehouse Planned for DrinkPak in Bellwether District Would Be Philadelphia’s Largest
A 1.4 million-square-foot warehouse planned at the Bellwether District for canned beverage manufacturer DrinkPak would be the largest in Philadelphia and third largest in the region, writes Paul Schwedelson for the Philadelphia Business Journal. A city zoning permit issued last week to the Bellwether District states that the building would be for “limited industrial and…
-
How Secret Meetings at Carpenters’ Hall in Philadelphia Helped Secure America’s Independence
A secret meeting between Benjamin Franklin and French spy Julien-Alexandre Achard de Bonvouloir at Carpenters’ Hall in 1775 helped bolster America’s fight for independence, writes Michaela Althouse for PhillyVoice. At the time, American colonists wanting to break away from Great Britain were gathering resources and preparing to fight for freedom. A pressing question was whether…
-
At Philadelphia-Based Honeygrow, AI is Proving to Be a Game-Changer
Back in 2012, honeygrow opened its first location at 16th and Sansom streets in Center City Philadelphia. Founder Justin Rosenberg wanted to create a new space that brings people together with high quality, wholesome, and simple foods. Since its opening, honeygrow has become known for its stir-fry, salads, and honeybars. Fast forward to more than…
-
Philadelphia Neighborhood Spellings That Sometimes Trip Up Even Lifelong Residents
Philadelphia is a city of neighborhoods and a rich history. The latter point has led to several street and neighborhood names that may stumble even lifelong residents, let alone visitors and even autocorrect, writes Jim Smithton for PhillyBite Magazine. There are four locations in particular that often stumbles people when it comes to its spelling.…
-
Stateside Vodka Takes Anheuser-Busch to Court, Accusing Beer Giant of Copying Surfside Brand
Philadelphia-based Stateside Vodka is suing Anheuser-Busch InBev, claiming the company’s recently launched canned cocktails copied the design of its highly successful Surfside brand, writes Emma Dooling for the Philadelphia Business Journal. The lawsuit was filed earlier this week in the U.S. District Court for the Eastern District of Pennsylvania. The local spirits company claims that…
-
Fall Bird Migration Is On, Making Wissahickon Valley Park Prime Bird-Spotting Destination
Many bird species are moving across Pennsylvania during their fall migration south, making Wissahickon Valley Park in Philadelphia a prime spot for bird watching, writes Kalena Thomhave for The Keystone. Birds of prey are among the most well-known fall migrants, including falcons, eagles, vultures, and hawks. They draw a large number of birdwatchers as they…
-
Philly Entrepreneur Maya Nazareth to Pitch Apparel Company Alchemize Fightwear on ‘Shark Tank’
Philadelphia entrepreneur Maya Nazareth is set to appear on Season 17 of Shark Tank, where she will pitch her apparel company, Alchemize Fightwear, writes Stephanie Arnold for the Philadelphia Business Journal. Her approach for the episode, where she faced celebrity investors Kendra Scott, Lori Greiner, Kevin O’Leary, Daymond John, and Alexis Ohanian, was to focus…
Pioneer Partner
Founding Partners
Advertisement
Affiliate Partners
Community Partners
