-
Disney Ends Comcast Valuation Process, Will Pay $438.7 Million to Acquire Hulu
Disney will pay Comcast $438.7 million for a stake in Hulu, writes Lilian Rizzo for CNBC. This marks the end of a years-long valuation process that started when Disney announced its intent to purchase Comcast’s 33 percent stake in Hulu in 2023. Back then, Disney paid $8.6 billion, reflecting Hulu’s guaranteed minimum value of $27.5…
-
Philadelphia Schools Replace Over 2,400 Old School Water Fountains With New Bottle Filling Stations
The School District of Philadelphia recently installed 2,404 new water bottle filling stations across schools across the city, writes Kristen A. Graham for The Philadelphia Inquirer. The installations is part of a solution for a major health risk. According to a 2022 analysis of district water sources conducted by PennEnvironment and various local nonprofits, 98…
-
Wistar Institute Opens New HIV Cure and Viral Diseases Center
The Wistar Institute recently celebrated a ribbon cutting for the opening of its new HIV Cure and Viral Diseases Center. The vision for the center is to uncover the fundamental science that powers tomorrow’s cures for HIV and other viral diseases. The belief is that revealing how viruses work and how the immune system responds,…
-
Meet the Man Who Helped the Eagles Master the Tush Push
The Philadelphia Eagles’ now-famous “tush push” owes some of its dominance to a name you might not know: Richie Gray. Hired in 2023 as a team advisor, the former rugby union player brought deep expertise in body movement, leverage, and contact dynamics. Initially tapped to help the defense counter the controversial play, Gray ended up…
-
Peirce College Graduate’s Journey To Commencement: Donna Payton
Today’s feature is Donna Payton, a graduate of the Bachelor of Science in Business Administration program at Peirce College. “In February 2022, I found myself feeling dissatisfied with my online experience at Liberty University. I shared my concerns with my husband, John Payton, who is a proud graduate of Peirce College. John, who earned his Bachelor of…
-
High-End Apartment Tower Near Rittenhouse Square Acquired for $138M
CBRE Investments has sold a 34-story apartment tower near Rittenhouse Square for $138 million, marking one of the largest multifamily sales in Center City in recent years, writes Paul Schwedelson for the Philadelphia Business Journal. The sale price equates to $431,000 per unit. The buyers were New York-based Cantor Fitzgerald and Norfolk, Virginia-based Harbor Group…
-
Rittenhouse Square’s James Beard Award-Winning Friday Saturday Sunday is Expanding
The husband and wife duo behind Friday Saturday Sunday, the James Beard Award-winning Rittenhouse Square restaurant, has spent years searching for a space to expand. They have found that space, just next door as their neighbor has decided to sell, writes Michael Klein for The Philadelphia Inquirer. Friday Saturday Sunday is known for its top-notch…
-
Mayor Parker Tours Southwest Philadelphia’s Massive New Amazon Facility, Promotes It As ‘Anchor’
Mayor Cherelle Parker was recently joined by Amazon executives and representatives from ACANA, to tour the new Amazon facility in Southwest Philadelphia, writes Sherry Stone for The Philadelphia Tribune. The massive 140,000-square-foot warehouse handles between 20,000 and 25,000 packages daily throughout Philadelphia, Montgomery County, and Delaware County. The site has also added several hundred jobs…
-
2 Philadelphia Companies Make Fortune 500 List for 2025
The 2025 Fortune 500 list is out and nine Philadelphia-area companies are on the list, including two headquartered in Philadelphia, writes Ryan Mulligan for the Philadelphia Business Journal. Up first is media and technology giant Comcast, which ranks at No. 35 on the list with $123.7 billion in revenue. It’s ranking is down two spots…
-
Justin Demetrius Barker: Peirce College Graduate’s Journey to Commencement
Today’s feature is Justin Demetrius Barker, a graduate of the Master of Science Organizational Leadership and Management program. “Well, I came to Peirce about two years after graduating high school. I had attempted to attend Temple University and CCP, but I still hadn’t shaken off the high school C-student mentality. Honestly, I carried that mentality with me…
-
TF Cornerstone, Now Sole Owner of Historic Wanamaker Building, Reveals Conversion Plans
New York City real estate developer TF Cornerstone has officially solidified its full ownership of the historic Wanamaker Building in Center City, writes Noah Zucker for BisNow. After initially purchasing the building’s first three floors in 2019, the developer later acquired the fourth through 12th floors and 660 parking spaces in its underground garage last…
-
Philadelphia’s Oldest Tavern Expands with New Center City Retail Store
McGillin’s Olde Ale House has expanded its footprint with a permanent retail store in Center City, just one block away from the 165-year-old bar and restaurant, writes Emma Dooling for the Philadelphia Business Journal. The 500-square-foot space is near the site where McGillin’s operated its temporary Holiday Pop Up Shoppe for the past two years.…
-
SEPTA Promotes Interim General Manager Scott Sauer to Permanent Role
Scott Sauer, who has served as interim general manager for SEPTA since November 2024, has been promoted as the transit authority’s permanent general manager, writes Michael Tanenbaum for PhillyVoice. Sauer was named interim general manager after his predecessor Leslie Richards stepped down from the role in late 2024 after nearly five years. His career with…
-
Elizabeth D. Reevey: Peirce College Graduate’s Journey to Commencement
Today’s feature is Elizabeth D. Reevey, a graduate of the Bachelor of Science in Business Administration program at Peirce College. “A goal delayed is not denied. That was my mantra to keep myself motivated to complete my goal no matter how long or difficult this journey may seem. I remember going to a technical school in the…
-
Philadelphia Housing Authority CEO Has $6.3 Billion Plan to Address Philly Public Housing
The Philadelphia Housing Authority and its CEO Kelvin Jeremiah are on the verge of embarking on a $6.3 billion strategy to help address Philadelphia’s public housing challenges, writes Jake Blumgart for The Philadelphia Inquirer. The goal is to overhaul all 13,000 of its existing properties, building 3,000 new units, and buy 4,000 additional units in…
-
Joey Merlino on His Cheesesteak Venture and Why Every Mafia Movie Missed Mark
Joey Merlino, who spent much of his life in and out of prison and survived multiple assassination attempts, is now focusing on his latest venture, a cheesesteak shop called Skinny Joey’s, writes Victor Fiorillo for Philadelphia Magazine. The line to this new addition to Philadelphia’s cheesesteak scene sometimes stretches for two hours, but Merlino insists…
-
Best Places to Work in Philadelphia, According to Employee Feedback
The Greater Philadelphia area is home to some of the best places to work in the nation, writes Philadelphia Business Journal staff. For several years, the Philadelphia Business Journal and Quantum Workplace have joined forces to put together a list of the top employers in the region. This is determined by employee feedback collected through…
-
Philadelphia Mint, Treasury Department Announce Plan to Phase Out the Penny Starting in Early 2026
The U.S. Mint and Treasury Department have confirmed that the penny is on its last legs as the former recently made its final order of penny blanks, write Fatima Hussein and Alan Suderman for 6abc via AP. The plan is to phase out pennies by next year by no longer producing the coin once the…
Pioneer Partner
Founding Partners
Advertisement
Affiliate Partners
Community Partners
