Philadelphia Business Journal
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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…
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Lehigh Valley Health Network Enters Montgomery County With New Health Center in Pennsburg
Lehigh Valley Health Network, based in Allentown, has expanded into Montgomery County with a multi-specialty health center, writes John George for the Philadelphia Business Journal.…
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Wells Fargo Bank Unhitches Another Bucks County Location from Its Team of Branches
The Wells Fargo branch at 120 N. Pine Street, Langhorne, will soon close, joining the financial institution’s 49 other darkened regional locations this year. Jeff…
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Willow Grove Mall’s Owner PREIT Has ‘Substantial Doubt’ Over Ability to Stay in Business Over the Next Year
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Willow Grove Park Mall (and others), has “substantial doubt” about being able to remain in business…
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Restored 1912 Radnor Tudor Owned by Daughter of Late Philadelphia Flyers Owner Hits Market for $5 Million
A restored 12,000-square-foot Main Line Tudor revival in Radnor owned by Lindy Snider, daughter of late Philadelphia Flyers owner Ed Snider, recently entered the market…
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Why Bensalem’s CNS Cleaning Company Leaders Dragged Themselves Through the Mud
The principals of CNS Cleaning Company in Bensalem recently needed a good wash themselves. A four-day stint in a team-building boot camp, shot for a…
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Arbutus Biopharma Corp., Warminster, Files Patent Infringement Lawsuit over COVID-19 Vaccine
Arbutus Biopharma Corp., Warminster, has filed a patent infringement lawsuit against Moderna Inc. The claim seeks unspecified damages related to Moderna’s widely distributed COVID-19 vaccine.…
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