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Bucks County Community College Welcomes British Delegation
It’s not every day that a community college plays host to an entourage of international dignitaries. But it’s also not every day that a community college offers students a chance to transfer overseas to complete their bachelor’s degree. Bucks County Community College, which recently finalized a transfer agreement with Wrexham University in Wales, hosted members…
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Philadelphia Restaurants Honored As Michelin Comes to City for Northeast Cities Ceremony
Philadelphia served as the host city of the first-ever edition of the Michelin Guide Northeast Cities ceremony on Tuesday, November 18. With many of the city’s finest culinary professionals in attendance, Philadelphia was one of five cities represented along with New York City, Boston, Washington D.C., and Chicago. A number of Philadelphia chefs and restaurants…
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Lawsuit Filed Against Company That Operated Medical Jet That Crashed in Northeast Philadelphia, Killing 8
A lawsuit has been filed against Med Jets, the company that operated the medical jet that crashed in Northeast Philadelphia on January 31, write David Chang, Ali Ingersoll, and The Associated Press for NBC10 Philadelphia. The crash killed eight individuals — all six on board and two others on the ground — and injured nearly…
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Philadelphia-Based Gopuff Raises $250M to Go Towards AI Investment, Expansion Plans
Philadelphia-based Gopuff recently raised $250 million, signifying the company’s strongest financial position in its nearly 13-year history, writes Ryan Mulligan for the Philadelphia Business Journal. This comes after a number of business decisions to slim down operations, including administering several layoffs after a rapid growth period that saw Gopuff’s valuation reach as high as $15…
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Philadelphia General Contractor Embarks on First Major Development Project in Rittenhouse Square
MMB Contractors, a longtime Philadelphia general contractor, is starting its first major project with an 84-unit development in Rittenhouse Square, writes Ryan Mulligan for the Philadelphia Business Journal. Targeting an underserved segment in the neighborhood, the 12-story building will offer small studios with a variety of one-bedroom units. Dubbed The Ranstead, the project is currently…
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Temple University Moving Forward with $35 Million Terra Hall Renovations
Temple University is moving forward with plans to turn Terra Hall on South Broad Street into a vibrant hub for education, collaboration, and innovation, writes Ryan Mulligan for the Philadelphia Business Journal. Temple purchased the landmark former University of the Arts property earlier this year for $18 million and has approved a $35 million renovation…
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Bank of New York Mellon to Relocate, Significantly Reduce Philadelphia Office Space in 2026
The Bank of New York Mellon Corp. is planning to vacate its longtime namesake building in Center City as it reduces its Philadelphia office space, writes Paul Schwedelson for the Philadelphia Business Journal. Currently located at 1735 Market Street, the financial services firm plans to relocate to the One Logan Square building along the Benjamin…
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WSJ: Bucks County American Revolutionary War Reenactor Shares Thoughts on the ‘Vibrant’ Movement
The numbers of American Revolutionary War reenactors have been dropping nationwide, as an older generation retires or dies out, writes Ken Wells for The Wall Street Journal. Younger recruits have been hard to come by due to endless distractions in the time of social media along with the cost since a full Revolutionary War soldier’s…
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WSJ: Philly Shipyard Faces Tough New Task in Ongoing Mission to Revive U.S. Shipbuilding
Hanwha Philly Shipyard, acquired by a South Korean firm last year, has a new objective in its mission to revive U.S. shipbuilding: producing a nuclear-powered submarine for the first time, writes Timothy W. Martin for The Wall Street Journal. Even before taking on its latest project, Philly Shipyard was already at the heart of President…
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Fort Mifflin is Being Threatened By Extreme Rain and Rising Tides
The survival of Fort Mifflin in Philadelphia, which played a pivotal role in the Revolutionary War and our nation’s founding, is now being threatened by climate change, writes Sophia Schmidt for WHYY. The military installation on the Delaware River was one of the local strongholds during the Revolutionary War. “Fort Mifflin was instrumental in forcing…
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Philadelphia Phillies End Oak View Group Partnership to Launch New Vendor at Citizens Bank Park
The Philadelphia Phillies plan to part ways with global venue management company Oak View Group at Citizens Bank Park, choosing not to renew the operations contract once it expires at the end of the year, writes Emma Dooling for the Philadelphia Business Journal. Denver-based Oak View has 522 employees at Citizens Bank Park, 500 of…
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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…
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University of Pennsylvania Marks Strongest Endowment Growth Since 2021, Nears $25 Billion
The University of Pennsylvania reported a 12.2 percent return on its endowment for fiscal 2025, bringing the total value to $24.8 billion, writes Ryan Mulligan for the Philadelphia Business Journal. The $2.5 billion year-over-year increase marks Penn’s strongest endowment growth since fiscal 2021, when its value surged by nearly $6 billion in the wake of…
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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…
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When Washington’s Army Ran Out of Food at Valley Forge, Polly Cooper of Oneida Indian Nation Helped Feed Them
When General George Washington’s army ran out of food while taking refuge in Valley Forge during the winter of 1777, Polly Cooper of Oneida Indian Nation helped save them from starving, writes David Streater for The McDowell News. Washington chose to settle in Valley Forge for the winter after a battle against the British military…
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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.…
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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…
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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…
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