Philadelphia Business Journal
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Drexel Expert 2022 Prediction for Sellers in Area Housing Market: Let the Good Times Roll
According to a Drexel University expert, 2022 will bring much of the same for Greater Philadelphia’s housing market, writes Kennedy Rose for the Philadelphia Business…
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Wallingford Twin Brothers Go Global With Grandmother’s Marinara Sauce
The Vesper Brothers had a pasta sauce recipe for success. So what could go wrong? Plenty, apparently, but in the end, Bill and John Vesper, twin…
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Phila. Cost of Living Rate: It’s One Tenth of a Percentage Point Cheaper Living in Vegas Than Here
In the past decade, the Philadelphia-Camden-Wilmington metro area recorded the fourth-lowest cost of living increase out of 55 large-sized metro areas, writes Ryan Mulligan for…
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The Fanatic’s Mike Missanelli Brings His Bristol Grandmothers’ Italian Cooking to New Broadcast
When it comes to triple plays, sports radio host Mike Missanelli is obviously quite adept at describing Phillies outs at first, second, and third. But…
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One Bucks County Firm Among Local Public Companies with Biggest 2021 Market Cap Increases
Public companies in the Philadelphia area added nearly $122 million to their market cap in 2021. One of those that saw its value increase the…
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‘Big Board’ Surfing: One Bucks County Firm’s Stock Ranks Among Region’s Best 2021 Performers
Last year was good for publicly traded companies in the Philadelphia region, with over 60 percent of them recording stock price gains in 2021, writes…
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NRx in Radnor Asks Again for Approval to Use Its COVID-19 Drug, Zyesami
NRx Pharmaceuticals out of Radnor has once again filed an application with the Food and Drug Administration for emergency use of its experimental COVID-19 drug…
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Wharton Equity Partners Purchases Croydon Industrial Building, Expanding Local CRE Book
Wharton Equity Partners, a New York City real estate investment owner-developer-operator, has purchased a 200,000 sq. ft. industrial building in Croydon. Natalie Kostelni reported the…
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Wegmans in Montgomery Mall to Go Up for Sale
The Wegmans in the Montgomery Mall has recently been put up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. Its “for sale” sign…
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Midnight Madness May Dawn Again After Purchase by Philadelphia’s New Liberty Distilling
Philadelphia distiller New Liberty has become the top bidder for the former Midnight Madness spirits producer in Trumbauerville, which declared bankruptcy this past summer. Laura…
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Custom Golf Club Fitter Opens New Location in King of Prussia
Golf club manufacturer and apparel retailer PXG has recently opened a facility in King of Prussia that allows customers to get fitted and test out…
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Villanova University Sees Huge Endowment Gains Despite Pandemic Woes
The pandemic may have created a financial crisis at local colleges and universities, but a year later you’d never know it, as favorable markets and…
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Host of ‘Mad Money’ Returns to Pa., Deeply Invested as a Quakertownian
After spending decades living in New York, Jim Cramer, host of CNBC’s Mad Money has settled in Quakertown. Jeff Blumenthal covered Bucks County’s newest high-profile…
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Crown Holdings, Inc., Yardley Beverage Can Manufacturer, Embarks on Stock Buyback Program
Crown Holdings, Inc., of Yardley, is purchasing back $3 billion in shares from its stockholders. The manufacturer of cans for beverage producers like Heineken and…
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Warminster’s Arbutus Biopharma Strikes Licensing-Partnering Deal with Chinese Pharma Firm
Arbutus Biopharma, Warminster, has entered a $300 million licensing and partnership deal with a Chinese biopharmaceutical firm. enters into $300M deal for experimental hepatitis B…
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Jay Wright’s Not Going Anywhere, Villanova President Says
You can ignore the rumors. It’s highly doubtful that Villanova University basketball coach Jay Wright is going anywhere, says Villanova President Peter Donohue, writes Kennedy…
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Facing a Trio of Growth Strategies, OrthogenRx, Doylestown, Opts to Accept Acquisition Invitation
OrthogenRx Inc., which has been weighing a trio of options for its financial future, decided to accept a buyout offer from a medical equipment manufacturer…
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Airline’s Ready to ‘Spirit’ You Away on 7 New Nonstop Routes Out of Philly
Spirit Airlines has seven new nonstop routes across the US and the Caribbean flying out of Philadelphia International Airport, writes Laura Smythe for Philadelphia Business…
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