Philadelphia Business Journal
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As Netflix Loses Subscribers, Vanguard Funds Lose Billions of Dollars
With Netflix losing about 200,000 subscribers between January and March, Vanguard funds that hold shares of the streaming service have lost more than $12.9 billion,…
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Former Summer Home of the Guggenheim Family, Founder of New York’s Famous Museum, Hits the Market
Solomon R. Guggenheim, the mining titan behind the Guggenheim Museum in New York City, escaped the pressures of his business career as many other people…
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Workforce Trends Put Extra Bucks in Area Wallets, Yet Phila.’s Windfall Lags National Stats
While wage increase statistics are increasing steadily nationwide amid a candidate-friendly market, Greater Philadelphia still finds itself in the lower half of the list of…
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Ridership, Revenue Stats for SEPTA Better but Still a Bumpy Ride
In March, SEPTA’s bus, train and subway ridership was the highest it’s been since the pandemic started, writes Ryan Mulligan for Philadelphia Business Journal. But…
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Sizzlis Go South: Wawa Plans Massive Eastern Seaboard Expansion by 2030
Wawa will expand in the next decade, launching its “most aggressive growth” in its history, doubling its store count, writes Laura Smythe for Philadelphia Business…
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Here’s How Much Vanguard Funds Stand to Gain If Elon Musk’s Bid to Buy Twitter Is Accepted
If Elon Musk’s unsolicited offer of $43 billion to buy Twitter is accepted, funds controlled by Malvern-based Vanguard could gain more than $770 million in…
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Here’s How Much Those Final Four Appearances Netted to Villanova University
Despite the Villanova Wildcat loss to Kansas, the Final Four has been good for the university, writes Ryan Mulligan for the Philadelphia Business Journal. The…
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American Airlines Adds Bus Fleet to Connect Allentown with PHL
Starting June 3, flight passengers be able to take an American Airlines shuttle bus connection between Allentown and Philadelphia International Airport. The service will also…
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JetBlue Presents Unsolicited Bid for Spirt Airline Amid Frontier-Spirit Deal
A sudden bid from JetBlue for Spirit Airlines has thrown a Frontier acquisition deal off-kilter, writes Erik Bojansky for South Florida Business Journal, as reported…
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Bala Cynwyd Facility Now Home to the Newest Sport Sweeping America
AFC Bala in Bala Cynwyd has opened the first public, indoor padel courts in the Philadelphia region, giving gym-goers a chance to try the popular…
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Chesterbrook-Based Biopharmaceutical Company on Track for Massive Windfall
Trevena, a biopharmaceutical company based in Chesterbrook, has entered into a royalty-based financing deal with an affiliate of R-Bridge Healthcare Fund that could lead to a…
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COVID-Schmovid! New Hope Hotelier Bucks Trend of Pandemic-Related Travel Hesitancy
Two factors should have made 3Q2021 and 1Q2022 difficult for Steve Dugan, general manager of New Hope’s Golden Plough Inn: the decline in seasonable weather…
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Capital Health ‘Micro Hospital’ Project Near Oxford Valley Mall to Recover from Pandemic Halt
The Capital Health renovation of the former Forest Health Medical Center near Oxford Valley Mall is again progressing toward completion. John George reported the project’s…
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Nike Partners with Vanessa Bryant to Honor Late Husband Kobe and Daughter Gianna
The new Nike partnership with Vanessa Bryant aims to honor her late husband, Lower Merrion High School’s Kobe Bryant, and daughter, Gianna, writes Demi Lawrence…
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West Chester Native, Former Eagles Owner Buys Full City Block in Miami
Former Eagles owner Norman Braman, the billionaire car dealer who spent his early years in West Chester before moving to Cobbs Creek, now owns an…
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Activist Investor Questions Kohl’s About Its Area Real Estate Portfolio, Including Bucks County Stores
Activist investment firm Macellum Capital Management, a shareholder of Kohl’s, is raising questions about the department-store chain’s real estate portfolio, including its properties in Montgomery…
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Bucks County Housing Inventory Is Down-Down-Down, Driving Prices Up-Up-Up
Housing inventory in Bucks County is continuing to reach record-low levels, keeping prices in the stratosphere. The cost of Bucks County home — new or…
























