Philadelphia Business News
Finance
Everence Enhances Financial Services in Pennsylvania
Souderton, Pennsylvania, January 12, 2026 Everence, a faith-based financial services organization, is revolutionizing financial planning in Pennsylvania by focusing on personalized financial education that integrates clients’ values. Founded in 1945, the...
Crane Harbor Acquisition Corp. II Announces Separate Trading Options
Philadelphia, January 10, 2026 Crane Harbor Acquisition Corp. II has made headlines by announcing that starting January 12, investors can separately trade Class A shares and rights. This strategic move follows...
Vertex, Inc. Named Top Employer in Competitive Talent Market
King of Prussia, PA, January 9, 2026 Vertex, Inc., located in King of Prussia, PA, has been recognized as one of the Best Places to Work by Built In for the...
Republic First Bancorp Sues Great American Insurance Over Bank Collapse
Philadelphia, January 7, 2026 Republic First Bancorp has filed a lawsuit against Great American Insurance Company, claiming that its denial of critical coverage led to the bank’s collapse in April 2024....
Philadelphia Fed President Signals Cautious Optimism for Economic Outlook
Philadelphia, January 6, 2026 Philadelphia Federal Reserve Bank President Anna Paulson expresses cautious optimism for the U.S. economy in 2026, forecasting moderate inflation, a stabilizing labor market, and steady growth around...
Datavault AI Inc. Announces Dividend for Dream Bowl Meme Coin II
Philadelphia, Pennsylvania, January 6, 2026 Datavault AI Inc. has announced the distribution of its Dream Bowl Meme Coin II tokens, set at one token for every 60 shares of common stock...
Amazon Leads Grocery Sales Growth in Philadelphia
Philadelphia, January 6, 2026 Amazon has outpaced local competitors with remarkable growth in grocery sales in Philadelphia, driven by its same-day delivery service. The company has witnessed a 30-fold increase in...
WOUFX LLC Launches FX Infrastructure in Wilmington
Wilmington, DE, January 4, 2026 WOUFX LLC has established itself as a financial markets infrastructure company in Wilmington, DE, after 13 years in FX trading. With a focus on efficiency and...
Rising Car Prices in Delaware County Impact Financing Choices
Delaware County, Pennsylvania, January 3, 2026 In Delaware County, rising car prices have led consumers to make significant changes in their financing choices. As the average cost of new cars reaches...
Construction
SupplyOne Strengthens Midwest Operations with Wertheimer Box Acquisition
Chicago, Illinois, January 11, 2026 SupplyOne, Inc. enhances its Midwest operations through the acquisition of Wertheimer Box, a leading supplier of custom shipping boxes and packaging solutions. This strategic move aims...
Giant to Close Five Fulfillment Centers in Pennsylvania
Philadelphia, PA, January 8, 2026 Giant Food and its parent company, Ahold Delhaize USA, are closing five e-commerce fulfillment centers across Pennsylvania, affecting over 300 workers. This change aims to accelerate...
U-Haul Identifies Dallas-Fort Worth and Ocala as Growth Leaders
Dallas-Fort Worth, Ocala, January 6, 2026 The U-Haul Growth Index has recognized the Dallas-Fort Worth-Arlington area as its top growth metro for 2025, with Ocala, Florida named the leading growth city....
Top Peak Roofing Launches New Website to Enhance Local Services
North Wales, Pennsylvania, January 6, 2026 Top Peak Roofing, a family-owned business in North Wales, Pennsylvania, has launched a new website aimed at improving access to roofing services for homeowners in...
WOUFX LLC Launches FX Infrastructure in Wilmington
Wilmington, DE, January 4, 2026 WOUFX LLC has established itself as a financial markets infrastructure company in Wilmington, DE, after 13 years in FX trading. With a focus on efficiency and...
Growth in Health Care Construction in Philadelphia
Philadelphia, January 3, 2026 The health care sector in Philadelphia is experiencing substantial growth with the addition of two new hospitals and the expansion of existing facilities. This progress highlights a...
Comcast Business Achieves Top Recognition in Managed Services
Philadelphia, PA, January 2, 2026 Comcast Business has been recognized for its exceptional achievements in managed services, specifically in managed SD-WAN, secure networking, and NaaS solutions. The company topped Vertical Systems...
Amazon’s $20 Billion Data Center Investment in Falls Township
Falls Township, January 1, 2026 Amazon Web Services (AWS) plans to invest at least $20 billion in a data center campus in Falls Township, PA, creating over 1,250 high-paying jobs. This...
Multiple Pennsylvania Retailers Plan Store Closures
Pennsylvania, December 30, 2025 Significant changes are on the horizon for Pennsylvania’s retail scene as major retailers, including Carter’s, Macy’s, and Foot Locker, plan to close stores by 2026. This trend...
Real Estate & Properties
U-Haul Identifies Dallas-Fort Worth and Ocala as Growth Leaders
Dallas-Fort Worth, Ocala, January 6, 2026 The U-Haul Growth Index has recognized the Dallas-Fort Worth-Arlington area as its top growth metro for 2025, with Ocala, Florida named the leading growth city....
Former GSK Building at Navy Yard Sells for $52 Million
Philadelphia, January 6, 2026 The former GlaxoSmithKline building at Philadelphia’s Navy Yard has been sold for $52 million, a significant drop from its previous purchase price of $130.5 million. This 207,779-square-foot...
Top Peak Roofing Launches New Website to Enhance Local Services
North Wales, Pennsylvania, January 6, 2026 Top Peak Roofing, a family-owned business in North Wales, Pennsylvania, has launched a new website aimed at improving access to roofing services for homeowners in...
Amazon’s $20 Billion Data Center Investment in Falls Township
Falls Township, January 1, 2026 Amazon Web Services (AWS) plans to invest at least $20 billion in a data center campus in Falls Township, PA, creating over 1,250 high-paying jobs. This...
Multiple Pennsylvania Retailers Plan Store Closures
Pennsylvania, December 30, 2025 Significant changes are on the horizon for Pennsylvania’s retail scene as major retailers, including Carter’s, Macy’s, and Foot Locker, plan to close stores by 2026. This trend...
Montgomery County Apartment Complex Sells for $92.2 Million
Lansdale, Pennsylvania, December 30, 2025 The Pennbrook Station apartment complex in Lansdale, Pennsylvania, has been sold for $92.2 million, showcasing strong investor interest and a thriving real estate market in Montgomery...
Comcast Initiates Major Transformations in Philadelphia
Philadelphia, December 29, 2025 Comcast Corporation is set for a transformative change as it prepares for its fourth-quarter earnings call on January 29, driven by strategic initiatives, leadership changes, and a...
Independence Realty Trust Announces Fourth Quarter Dividend
Philadelphia, PA, December 28, 2025 Independence Realty Trust, Inc. has declared a quarterly dividend of $0.17 per share for the fourth quarter, affirming its commitment to shareholders with a 4.02% annual...
GMH Communities and AEW Capital Management Expand Student Housing
Clemson, South Carolina, December 27, 2025 GMH Communities and AEW Capital Management have acquired two strategic student housing properties near Clemson University and LSU. These developments aim to address the growing...
Marketing
Comcast Completes Rural Broadband Expansion in New Jersey
Hopewell and Maurice River townships, New Jersey, December 30, 2025 Comcast has successfully finished its network expansion project in Hopewell and Maurice River townships, New Jersey, providing nearly 350 homes and...
Joie Partners with Pittsburgh Penguins: A Game-Changer for Local Business
Morgantown, Pennsylvania, December 26, 2025 Joie, a well-known baby gear manufacturer, has signed a multi-year partnership with the Pittsburgh Penguins, marking its first collaboration with an NHL team. This strategic agreement...
U.S. Economy Accelerates: Key Insights from Q3
Washington, D.C., December 24, 2025 The U.S. economy experienced a strong growth rate of 4.3% in the third quarter, attributed to increased consumer spending, rising exports, and government investment. This expansion...
Sam Brown Healthcare Communications Appoints New Managing Director
Wayne, Pennsylvania, December 20, 2025 Sam Brown Healthcare Communications has appointed Michael Heinley as the new Managing Director of Client Development and Engagement. This strategic move is aimed at enhancing client...
14K Business Solutions Sees Surge in Demand
Philadelphia, December 12, 2025 14K Business Solutions, based in Philadelphia, is experiencing a significant rise in demand for its integrated services, aiding local businesses in enhancing digital strategies and IT support....
Minuteman Press Franchise Owners Recognized in Philadelphia
Philadelphia, December 2, 2025 Jude and Mejire Arijaje, franchise owners of Minuteman Press, received top accolades at the Philadelphia100® Awards for their impressive business growth. Their recognition underscores a strong entrepreneurial...
Innovative Advertising Strategy Boosts Brand Impact in Philadelphia
Philadelphia, November 30, 2025 A new study by Universal Ads reveals that merging streaming TV advertising with social media campaigns significantly enhances brand recall, perception, and purchase intent for emerging brands....
FullThrottle Technologies Appoints New VP of Sales to Drive Growth
Philadelphia, PA, November 26, 2025 FullThrottle Technologies has appointed Hannah Endres as the new Vice President of Sales. This strategic move aims to boost the company’s growth and enhance its partnerships...
Philadelphia Faces Significant Water Rate Increase Proposal
News Summary The Philadelphia Water Department is proposing an 18% rate increase for residential water bills over the next two years, raising typical monthly costs from $82 to $97 by...