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David Fajgenbaum, Penn Immunologist Who Repurposed a Drug to Save His Own Life, Wins John Scott Award
David Fajgenbaum, a Penn Medicine immunologist who gained notoriety for saving his own life by repurposing an existing drug, has won the prestigious John Scott Award, writes Sarah Gantz for The Philadelphia Inquirer. He will be presented with the award, one of the oldest science awards in the United States, and the accompanying $10,000 cash…
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Philadelphia Eagles Now Second-Most Valuable NFL Franchise
The Philadelphia Eagles are now the second-most valuable franchise in the NFL after their Super Bowl-winning season, writes John George for the Philadelphia Business Journal. The team’s value jumped 10 percent from last year. London-based valuation and strategy consulting firm, Brand Finance, which did the analysis, values the Eagles’ brand at $1.3 billion. The Eagles…
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Archdiocese of Philadelphia to Relocate from Headquarters After More Than 50 Years
The Archdiocese of Philadelphia will be moving from its headquarters of more than a half-century early next year, writes Paul Schwedelson for the Philadelphia Business Journal. The Archdiocese just recently signed a new long-term lease for 80,000 square feet at the Three Parkway building in Philadelphia. The new location is just a block away from…
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Penn Vet Launches Project Mapping Animal Life in Philadelphia
A new research initiative from Penn’s School of Veterinary Medicine aims to track and understand how animals live and move throughout Philadelphia’s evolving urban environment, writes Hailey Hilsabeck for The Daily Pennsylvanian. The Accessing Urban Nature Initiative, led by Penn Vet ecologist and professor Julie Ellis, is deploying about 35 motion-activated cameras across Philadelphia’s parks,…
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Newly Retired Adm. Tom Anderson Takes New Role to Restore Navy Shipbuilding in Philadelphia
Newly retired Rear Adm. Tom Anderson has assumed a role aimed at restoring Philadelphia as a Navy shipbuilding hub, decades after the Philadelphia Naval Shipyard closed during post-Cold War military reductions, writes Joseph N. DiStefano for The Philadelphia Inquirer. Anderson joined Hanwha Defense USA on October 6 as president of shipbuilding. In this position, he…
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Philadelphia Finance Veterans Launch $50M Community Bank Fund Through Epta Capital Management
Epta Capital Management, founded by Philadelphia finance veterans Jay Goldstein and Bob Marino, has launched a $50 million fund to support community banks, writes Jeff Blumenthal for the Philadelphia Business Journal. Epta is targeting minority stakes in “leading community banks” with assets between $500 million and $5 billion. The firm aims to provide growth capital…
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Why Did Jordan Brand Choose Philadelphia for First World of Flight Store in the U.S.?
Earlier this month, Philadelphia joined Beijing, Milan, Seoul, and Tokyo as the only cities with a Jordan Brand World of Flight location, writes Ian Servantes for WWD. Each of the global cities are among the most shoppable in the world, and Jordan Brand is speaking out on why it chose Philadelphia as the first U.S.…
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Mayor Cherelle Parker Signs Sweeping Amendment to Philadelphia’s ‘Ban the Box’ Law
Earlier this month, Mayor Cherelle Parker signed a major amendment to Philadelphia Fair Criminal Record Screening Standards, also known as the “ban the box” law, writes Alonzo Martinez for Forbes. The updated rules take effect on Jan. 6, 2026. The amendment further limits how employers can evaluate a person’s criminal history when making hiring and…
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Philly Real Estate Investor Acquires Six-Building Apartment Portfolio in University City for $5M
Philadelphia-based real estate investor Loonstyn Properties has purchased a six-building, 41-unit University City apartment portfolio for $5 million, writes Paul Schwedelson for the Philadelphia Business Journal. The buildings, just north of Drexel University’s campus, consists entirely of one bedroom and one bathroom apartments. The acquisition also includes 21 parking spots. Loonstyn plans to renovate the…
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Michelin Guide Awards This Philadelphia Hotel Two-Key Designation
The Michelin Guide has awarded the Four Seasons Hotel Philadelphia at the Comcast Center a two-key designation, writes Emma Dooling for the Philadelphia Business Journal. The 2025 key designations, announced on Wednesday, are equivalent to Michelin’s coveted star ratings that are awarded to restaurants around the world. The key ratings system was launched last year.…
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Ken Burns’ New Documentary ‘The American Revolution’ Puts Ben Franklin at Start, Philadelphia at Center
After a decade of filming for his new docuseries The American Revolution, Ken Burns begins with Ben Franklin and positions Philadelphia right at the heart of this epic story, writes for The Philadelphia Inquirer. Burns previously explored the Founding Father in his 2022 PBS documentary Benjamin Franklin, which helped shape various elements of his latest…
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With Impending Closure of Valley Forge Military Academy, Questions Arise Over Future of Its 70-Acre Campus
With Valley Forge Military Academy closing at the end of the academic year, questions have arisen over its 70-acre campus, which could represent a real estate opportunity in one of the region’s most coveted locations, writes Ryan Mulligan for the Philadelphia Business Journal. The campus straddles Tredyffrin Township in Chester County and Radnor Township in…
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Who Is Philadelphia Eagles Associate Performance Coach Autumn Lockwood?
Growing up, football and change has been the two constants that have guided Autumn Lockwood’s life, writes Abigail Cuffey for Women’s Health. A soccer player at the University of Arizona, Lockwood went on to graduate with a degree in criminal justice. Through she had the initial intention of becoming a special agent, she started to…
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Employee-Owned Companies in Philadelphia, Pennsylvania Modeled to Value Employees and Provide Stability
Employee-owned businesses are on the rise in Pennsylvania — including Philadelphia icon Wawa — modeled on valuing employees and providing stability, writes Violet Comber-Wilen for Billy Penn at WHYY. Keystone Bike Co., a worker-owned cooperative in South Kensington, is another among them. Zach Rachell, a worker-owner, believes the unique ownership structure is one of the…
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Wawa Loses Top Spot, Ties with Rival Sheetz for Second in Annual Customer Satisfaction Report
Delaware County-based Wawa dropped one spot in the American Customer Satisfaction Index Convenience Store Study, now tying with rival Sheetz for second place, writes Emma Dooling for the Philadelphia Business Journal. Midwestern brand Kwik Trip claimed the top spot, scoring 84 on the 100-point scale, two points above Wawa and Sheetz. Wawa and Sheetz are…
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Passions Rise Over Local Eateries in Delco Restaurant Review Facebook Group
Delco Restaurant Review is a Facebook group with roughly 42,000 members where locals can discuss Delaware County eateries, writes Victor Fiorillo for Philadelphia Magazine. It is not unusual for conversations to get heated very quickly. “I find that anytime someone says that this place is the ‘best’ at anything, the situation can devolve quickly,” said…
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Temple University Acquires Decades-Old Jazz Club As Part of North Philadelphia Expansion Plans
As part of its plans to further its expansion across North Philadelphia, Temple University recently acquired New Barber’s Hall, writes Ryan Mulligan for the Philadelphia Business Journal. While Temple is the new owner of the 46-year-old jazz club and bar, it will continue to operate until its owner, Jake Adams, retires some time in the…
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Stephen Starr to Revive One of Nation’s Most Influential Restaurants of Last Two Decades in Philadelphia
Stephen Starr is bringing Mission Chinese Food, the celebrated New York spot often hailed as one of the nation’s most essential restaurants of the last 20 years, to Philadelphia, writes Emma Dooling for the Philadelphia Business Journal. Starr announced the planned revival in a recent interview but did not provide a timeline for the project,…
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