Philadelphia Business News

Finance
J.P. Morgan Strengthens Support for Midsize Businesses in Philadelphia
J.P. Morgan Philadelphia J.P. Morgan Philadelphia is a branch of J.P. Morgan, a leading global financial services firm established with a long-standing history of providing comprehensive banking solutions. Focused on...
Citadel Credit Union Authorized as SBA Lender in Philadelphia
Citadel Credit Union Citadel Credit Union is a prominent financial institution based in the Greater Philadelphia area, serving over 260,000 members with total assets of approximately $6 billion. Established with...
Philadelphia Manufacturing Activity Contracts for Third Month
Philadelphia Manufacturing Industry Insights Philadelphia Manufacturing Industry Insights is a research and analysis firm specializing in monitoring and reporting on the manufacturing sector within the Philadelphia region. Established in response...
Philadelphia Ranked Among Top Business Trip Destinations
Philadelphia Business Hub Philadelphia Business Hub is a premier destination for corporate and professional events, known for its vibrant business environment and strategic location. Historically recognized as a center for...
Philadelphia Businesses Struggle Amid Tariff Changes
Bungee USA Founded in 2023 by Darrell Alston, Bungee USA is a Philadelphia-based sports gear company specializing in Philadelphia-themed merchandise such as custom Phillies jerseys and Eagles face masks. The...
Philadelphia’s Tax Reform Commission Proposes Business Tax Elimination
Philadelphia City Government – Office of the Tax Reform Commission The Philadelphia City Government’s Office of the Tax Reform Commission was established to evaluate and recommend strategies for comprehensive tax...
Philadelphia Tax Reform Commission Proposes Tax Elimination
Philadelphia Business Community The Philadelphia Business Community is a dynamic and diverse organization representing a wide range of businesses within the city. Established in response to ongoing economic developments and...
Philadelphia Considers Major Tax Reform to Boost Economy
Philadelphia City Government / Philadelphia Tax Reform Commission The Philadelphia Tax Reform Commission was established by City Council President Kenyatta Johnson to address the city’s economic stagnation and high poverty...
Philadelphia Tax Reform Commission Proposes BIRT Elimination
Philadelphia Tax Reform Commission The Philadelphia Tax Reform Commission was established to evaluate and recommend improvements to the city’s tax system, with a focus on the Business Income and Receipts...
Construction
Union Files Lawsuit Against Philadelphia Indemnity Insurance
Philadelphia Indemnity Insurance Company Philadelphia Indemnity Insurance Company is a prominent provider of surety and insurance bonds, specializing in supporting construction projects and safeguarding financial interests within the industry. Established...
Philadelphia Eagles Explore Future Stadium Options
Philadelphia Eagles The Philadelphia Eagles are a professional American football team based in Philadelphia, Pennsylvania. Established in 1933, the team has a rich history of competitive play and community engagement....
O’Donnell Roofing Co. Honored with Family-Owned Business Award
O’Donnell Roofing Co. Founded in 1924, O’Donnell Roofing Co. is a family-owned exterior remodeling business based in the Greater Philadelphia region. Now led by the company’s fourth generation, it has...
Philadelphia Eagles Seek Fan Input for Stadium Future
Philadelphia Eagles The Philadelphia Eagles are a professional American football team based in Philadelphia, Pennsylvania, competing in the National Football League (NFL). Established in 1933, the team has built a...
Priority Restoration Expands Emergency Services Ahead of Storm Season
Priority Restoration LLC Priority Restoration LLC is a family-owned water damage restoration company located in Philadelphia, PA. With over eight years of experience, their team of IICRC certified specialists offers...
New Single-Family Residence Approved in Germantown
News Summary The Germantown neighborhood in Philadelphia will soon see a new single-family residence at 458 Earlham Terrace, following the approval of building permits. Designed by MC Architectural LLC, this...
Governor Announces Major Investment to Boost Economic Development in Pennsylvania
News Summary Governor Josh Shapiro has revealed a significant investment of $64 million through the PA SITES program to enhance economic development across Pennsylvania. The initiative will support 11 projects,...
New $40 Million Soil Cleanwashing Facility Opens in South Philadelphia
News Summary A new soil cleanwashing facility has opened in South Philadelphia, thanks to a $40 million partnership between Alterra IOS and Eco Materials. The facility aims to process over...
Van Buren Transforms Municipal Building into Community Hub
News Summary The Town Council of Van Buren plans to revitalize an old municipal building into a community hub and small business incubator. With a $1.79 million grant request, the...
Real Estate & Properties
Philadelphia Eagles Explore New Stadium Options
Philadelphia Eagles The Philadelphia Eagles are a professional American football team based in Philadelphia, Pennsylvania. Established in 1933, they are a member of the National Football League’s NFC East division....
Leadership Changes Across Major Real Estate Firms
Real Estate Firms in Phoenix (JLL, Waterton, Colliers, Cortland, Toro Development Co.) These prominent real estate companies in Phoenix, including JLL, Waterton, Colliers, Cortland, and Toro Development Co., have established...
Real Estate Firms Strengthen Leadership with New Appointments
JLL, Waterton, Colliers, Cortland, and Toro Development JLL is a global leader in real estate services with a strong presence in Phoenix, AZ, offering expertise in office leasing and property...
Philadelphia 76ers Announce New Arena in South Philadelphia
Harris Blitzer Sports & Entertainment Harris Blitzer Sports & Entertainment (HBSE) is a prominent sports and entertainment company based in Philadelphia. Owned by Josh Harris, HBSE has established a significant...
Trammell Crow Company Sells Matson Mill for $109 Million
Trammell Crow Company Trammell Crow Company is a leading real estate development and investment firm with a strong presence in the United States. Established with a focus on creating high-quality...
Trammell Crow Company Sells Matson Mill Apartment Complex for $109 Million
The Trammell Crow Company The Trammell Crow Company is a leading real estate development and investment firm with a history of creating innovative and high-quality properties across various sectors. Established...
Rite Aid Files for Chapter 11 Bankruptcy Again
Ole Smoky Distillery and Yee-Haw Brewing Co. Joint Venue Ole Smoky Distillery, established in 2010, is renowned as a leading global producer of premium moonshine, celebrated for its authentic craft...
New Single-Family Residence Approved in Germantown
News Summary The Germantown neighborhood in Philadelphia will soon see a new single-family residence at 458 Earlham Terrace, following the approval of building permits. Designed by MC Architectural LLC, this...
Tailored Home Opens in Greenville, Enhancing Local Retail
News Summary Greenville welcomes Tailored Home, a new retail store launched by home staging expert Starr Osborne. Offering home design and staging services, Tailored Home fills the space left by...
Marketing
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...