Philadelphia Business Journal
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Homebuyers Regain Leverage in Competitive Philadelphia Area Housing Market
The hyper-competitive Philadelphia area housing market is finally starting to show some signs of cooling, with homebuyers regaining leverage, writes Ryan Mulligan for the Philadelphia…
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Carnival Cruise Line Open to Potential Expansion in Philadelphia, Says President Christine Duffy
With Norwegian Cruise Line scheduled to start bringing ships to Philadelphia in 2026, another major operator might be eyeing the city for a potential expansion,…
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Airport Hopes Strong Business Travel Will Follow Summer Leisure
Philadelphia International Airport has seen a post-pandemic rebound on its summer leisure travel numbers, close to and even surpassing pre-pandemic values. Those numbers are expected…
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Philadelphia Region Continues to Shed Tech Jobs
A new report from CBRE found that the Philadelphia region lost around 10,000 tech jobs in the last five years, making it harder to retain…
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Fast-Growing Berwyn Fintech Being Acquired by Bank of New York Mellon
Berwyn-based Archer Holdco will be acquired by Bank of New York Mellon in a deal that is expected to close in the fourth quarter, writes…
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American Airlines Announces New 2025 Summer Routes from Philadelphia, Reinvests in Successful 2024 Routes
American Airlines has released its summer 2025 schedule with continued investment in Philadelphia International Airport (PHL) as an East Coast gateway for travelers from Europe. …
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Doylestown Cancer Pharma Moves Closer to Starting Clinical Testing on Its 3rd Experimental Cancer Treatment
Doylestown-based Aprea Therapeutics is moving closer to entering clinical testing with its third potential experimental cancer treatment, writes John George for the Philadelphia Business Journal.…
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Penn Jersey Packaging Warehouse in Northeast Philadelphia Among 3 Area Properties Acquired By KKR
Investment giant KKR recently acquired three Philadelphia-area warehouses as part of a larger $377 million acquisition, including the Penn Jersey Packaging warehouse in Northeast Philadelphia,…
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Philadelphia Schools Make Niche’s 2025 Best Colleges List
Niche has released its new 2025 Best Colleges list, and Philadelphia and its surrounding area had some representation, writes Ryan Mulligan for the Philadelphia Business…
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Newtown Company Agrees to Buy Miami Technology Consulting Firm for $630M
Newtown-based EPAM Systems, a global leader in software engineering and management with 52,000 employees across six continents, is acquiring technology consulting firm Neoris, based in…
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James Beard Award-Winning Restaurateur Ellen Yin to Bring Philly Eatery to Washington D.C.
Ellen Yin, the Philadelphia-based, James Beard Award winner and restaurateur is soon to open an eatery at one of the newest hotels in Washington, D.C.,…
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Despite Financial Woes, SEPTA Plans to Expand Its Regional Rail Service Next Month
Despite a mounting budget crisis, SEPTA plans on increasing its Regional Rail service next month, writes Emma Dooling for the Philadelphia Business Journal. The agency…
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NFL Rule Change Gives Jeff Lurie Option to Sell Eagles Ownership Stake to Private Equity
Philadelphia Eagles owner Jeffrey Lurie can now sell ownership stake of the team to private equity funds following a change in NFL rules, writes John…
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King of Prussia Company Billionaire Sells Mansion with Staggering Price Tag
The billionaire founder of King of Prussia’s Universal Health Services, Alan B. Miller sold his Florida vacation home for a pretty penny, reports Brian Bandell…
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Doylestown-based Powerlytics Raises $5.9M in Second Series B Round, Plans to Grow Its Headcount Significantly
Doylestown-based Powerlytics managed to raise $5.9 million in its second Series B round with plans on significantly increasing its headcount, writes Ryan Mulligan for the…
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Capital Health Expands in Bucks County with New Yardley Office, Future Plans Uncertain
Capital Health is rapidly expanding its presence in Bucks County with the opening of its eighth physician practice, writes John George for the Philadelphia Business…
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From Colombia to Chesco’s Devon Prep, Father Henao Talks Growth and Community
For Father Nelson Henao, who joined Devon Preparatory School in July 2023, the first year was primarily about listening, learning, and building relationships, writes Lisa…
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Plan to Expand Chester’s Subaru Park Means a River View Sacrifice
The success of The Philadelphia Union means It needs to add thousands of seats to Subaru Park in Chester, writes John George for Philadelphia Business…
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