Philadelphia Business News

Finance

Local Philadelphia businesses supported by banking services

J.P. Morgan Strengthens Support for Midsize Businesses in Philadelphia

August 15, 2025

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...

Philadelphia small businesses supported by Citadel Credit Union

Citadel Credit Union Authorized as SBA Lender in Philadelphia

June 28, 2025

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...

Inside view of a Philadelphia factory illustrating manufacturing decline.

Philadelphia Manufacturing Activity Contracts for Third Month

June 22, 2025

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 skyline with business travelers at night

Philadelphia Ranked Among Top Business Trip Destinations

June 5, 2025

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...

Local Philadelphia sports shops affected by tariffs

Philadelphia Businesses Struggle Amid Tariff Changes

May 31, 2025

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...

City landscape of Philadelphia representing business growth

Philadelphia’s Tax Reform Commission Proposes Business Tax Elimination

May 29, 2025

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...

View of Philadelphia highlighting local businesses and city architecture

Philadelphia Tax Reform Commission Proposes Tax Elimination

May 19, 2025

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...

City street in Philadelphia bustling with businesses and people.

Philadelphia Considers Major Tax Reform to Boost Economy

May 19, 2025

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 skyline representing economic reform

Philadelphia Tax Reform Commission Proposes BIRT Elimination

May 19, 2025

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

Courtroom scene for Philadelphia Indemnity Insurance lawsuit

Union Files Lawsuit Against Philadelphia Indemnity Insurance

August 16, 2025

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...

Conceptual architecture of a new stadium for the Philadelphia Eagles.

Philadelphia Eagles Explore Future Stadium Options

August 15, 2025

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 team members receiving the Family-Owned Business Award.

O’Donnell Roofing Co. Honored with Family-Owned Business Award

August 9, 2025

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...

Conceptual image of Lincoln Financial Field with proposed renovations and new stadium ideas.

Philadelphia Eagles Seek Fan Input for Stadium Future

July 28, 2025

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...

Water damage restoration specialists removing water from a flooded property

Priority Restoration Expands Emergency Services Ahead of Storm Season

May 16, 2025

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...

Architectural rendering of a new single-family residence in Germantown.

New Single-Family Residence Approved in Germantown

May 14, 2025

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...

Industrial development site in Pennsylvania

Governor Announces Major Investment to Boost Economic Development in Pennsylvania

May 7, 2025

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,...

Aerial view of the soil cleanwashing facility in South Philadelphia.

New $40 Million Soil Cleanwashing Facility Opens in South Philadelphia

May 6, 2025

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...

Render of the new Van Buren Community Hub and Business Incubator

Van Buren Transforms Municipal Building into Community Hub

April 28, 2025

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

Concept design of new stadium for Philadelphia Eagles with fans in attendance

Philadelphia Eagles Explore New Stadium Options

August 16, 2025

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....

Team collaborating in a real estate office setting

Leadership Changes Across Major Real Estate Firms

July 19, 2025

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...

Skyline of a city representing the growth of the real estate industry.

Real Estate Firms Strengthen Leadership with New Appointments

July 18, 2025

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...

Concept design for the new Philadelphia 76ers basketball arena

Philadelphia 76ers Announce New Arena in South Philadelphia

July 1, 2025

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...

Exterior view of Matson Mill apartment complex in Conshohocken, Pennsylvania

Trammell Crow Company Sells Matson Mill for $109 Million

May 19, 2025

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...

Luxury apartment complex Matson Mill in Philadelphia

Trammell Crow Company Sells Matson Mill Apartment Complex for $109 Million

May 19, 2025

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...

Illustration of a closed pharmacy store with urban redevelopment in the background.

Rite Aid Files for Chapter 11 Bankruptcy Again

May 19, 2025

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...

Architectural rendering of a new single-family residence in Germantown.

New Single-Family Residence Approved in Germantown

May 14, 2025

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...

Interior view of Tailored Home retail store showcasing stylish home staging products.

Tailored Home Opens in Greenville, Enhancing Local Retail

May 11, 2025

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

Aerial view of Philadelphia water infrastructure and skyline

Philadelphia Faces Significant Water Rate Increase Proposal

May 8, 2025

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...

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