Philadelphia Business News

Finance

Grabar Law Office desk with legal documents

Grabar Law Office Investigates Synopsys Shareholder Claims

Philadelphia, December 15, 2025 Grabar Law Office is investigating potential claims on behalf of long-term shareholders of Synopsys, Inc. after allegations of fiduciary duty breaches by company officials. Shareholders who bought...

Entrepreneurs collaborating in San Antonio's startup scene

San Antonio Emerges as a Leading Startup Hub

San Antonio, Texas, December 15, 2025 San Antonio, Texas, has been recognized as the second-best city in the U.S. for startups, showcasing its remarkable growth in innovation and entrepreneurship. Key factors...

Business meeting discussing AI and data analytics at Lincoln Financial

Lincoln Financial Appoints New Chief AI, Data and Analytics Officer

Radnor, Pennsylvania, December 14, 2025 Lincoln Financial has appointed Nilanjan (Neel) Adhya as the new Executive Vice President, Chief AI, Data and Analytics Officer. Set to begin in 2026, Adhya will...

Aerosystems facility showcasing advanced avionics technology

Innovative Aerosystems to Release Financial Results

Exton, Pennsylvania, December 14, 2025 Innovative Aerosystems, formerly known as Innovative Solutions & Support, will announce its fourth quarter and full-year 2025 financial results on December 18. The company’s rebranding reflects...

Graphical representation of Carisma Therapeutics delisting from Nasdaq.

Carisma Therapeutics Restructures with Nasdaq Delisting

Philadelphia, PA, December 13, 2025 Carisma Therapeutics Inc. has announced its plans to voluntarily delist from The Nasdaq Stock Market and deregister its shares with the SEC. This decision follows compliance...

Renovated multifamily property in Bucks County

D2 Capital Advisors Secures $6.3 Million Loan in Bucks County

Bucks County, Pennsylvania, December 12, 2025 D2 Capital Advisors has closed a $6.3 million Fannie Mae loan for a renovated multifamily property in Bucks County, reflecting strong demand for housing in...

Award ceremony for Diversified LLC showcasing workplace excellence

Diversified LLC Earns National Recognition for Workplace Excellence

Wilmington, DE, December 12, 2025 Diversified LLC, based in Wilmington, DE, has received two prestigious national awards highlighting its outstanding workplace environment. Recognized as one of Financial Planning’s Best RIAs to...

Meeting about investor relations with diverse professionals.

Keiretsu Forum Appoints Juan Arango as VP of Investor Relations

Philadelphia, PA, December 11, 2025 Keiretsu Forum Mid-Atlantic, Southeast & Texas has appointed Juan Arango as Vice President of Investor Relations and Due Diligence. This strategic appointment will enhance diligence standards...

Exterior view of a Dollar General store

Dollar General Settles Overcharging Allegations for $1.55M

Harrisburg, Pennsylvania, December 10, 2025 Dollar General Corporation has reached a settlement amounting to $1.55 million with the Commonwealth of Pennsylvania following allegations of overcharging customers. An investigation found that over...

Construction

Aerosystems facility showcasing advanced avionics technology

Innovative Aerosystems to Release Financial Results

Exton, Pennsylvania, December 14, 2025 Innovative Aerosystems, formerly known as Innovative Solutions & Support, will announce its fourth quarter and full-year 2025 financial results on December 18. The company’s rebranding reflects...

A revitalized urban streetscape in City Ave District with shops and greenery.

City Ave District Achieves New Main Street Designation

Bala Cynwyd, Pennsylvania, December 14, 2025 The City Ave District, encompassing Bala Cynwyd and parts of Philadelphia, has been named a new Main Street in Pennsylvania’s revitalization efforts. This designation opens...

Suburban Solutions Moving office in West Chester, PA

Suburban Solutions Moving Expands to West Chester, PA

West Chester, PA, December 12, 2025 Suburban Solutions Moving has opened a new branch in West Chester, PA, at 1271 Upton Cir. This expansion aims to enhance their services in Chester...

Rendering of the new restaurant at Jersey Shore

New Jersey Shore Restaurant Planned in Former Trio Location

North Wildwood, December 10, 2025 Three restaurateurs from suburban Philadelphia have acquired the former Trio North Wildwood site to open a new restaurant by summer 2026. This move aims to revitalize...

Interior view of a Five Below store with customers shopping

Five Below Reports Strong Financial Growth in Q3

Philadelphia, December 10, 2025 Five Below Inc. has demonstrated impressive financial growth in the third quarter, showcasing a 23.1% rise in net sales to $1.038 billion. This period reflects the company’s...

Exterior view of ShopRite of Cherrywood Plaza in Gloucester Township

Zallie Family Markets Opens New ShopRite in Gloucester Township

Gloucester Township, NJ, December 8, 2025 Zallie Family Markets has inaugurated its largest ShopRite supermarket, the ShopRite of Cherrywood Plaza, in Gloucester Township, New Jersey. This 85,000-square-foot store replaces the former...

Veterans participating in a business workshop on blue collar entrepreneurship.

Veterans Executive Leadership Promotes Blue Collar Entrepreneur Model

Philadelphia, PA, December 7, 2025 Veterans Executive Leadership (VXL) has emphasized the advantages of the ‘Blue Collar Entrepreneur’ model, providing veterans with pathways to business ownership in sectors such as plumbing...

Delivery person showcasing Amazon Now service in Philadelphia

Amazon Launches 30-Minute Delivery Service in Philadelphia

Philadelphia, December 5, 2025 Amazon has introduced a new ‘Amazon Now’ service that enables 30-minute delivery of household essentials and fresh groceries in select areas of Philadelphia. With the aim of...

Exterior view of ShopRite Cherrywood Plaza during the grand opening celebration

ShopRite Transitions to Cherrywood Plaza in Gloucester Township

Gloucester Township, NJ, December 3, 2025 Gloucester Township will see the closure of ShopRite of Laurel Hill on December 5, 2025, as it prepares for the grand opening of ShopRite of...

Real Estate & Properties

A revitalized urban streetscape in City Ave District with shops and greenery.

City Ave District Achieves New Main Street Designation

Bala Cynwyd, Pennsylvania, December 14, 2025 The City Ave District, encompassing Bala Cynwyd and parts of Philadelphia, has been named a new Main Street in Pennsylvania’s revitalization efforts. This designation opens...

Suburban Solutions Moving office in West Chester, PA

Suburban Solutions Moving Expands to West Chester, PA

West Chester, PA, December 12, 2025 Suburban Solutions Moving has opened a new branch in West Chester, PA, at 1271 Upton Cir. This expansion aims to enhance their services in Chester...

Renovated multifamily property in Bucks County

D2 Capital Advisors Secures $6.3 Million Loan in Bucks County

Bucks County, Pennsylvania, December 12, 2025 D2 Capital Advisors has closed a $6.3 million Fannie Mae loan for a renovated multifamily property in Bucks County, reflecting strong demand for housing in...

Exterior view of Wild Yeast Bakehouse in Wayne

Wild Yeast Bakehouse Expands to New Retail Space in Wayne

Wayne, December 10, 2025 Wild Yeast Bakehouse, a beloved bakery in the Main Line, is moving to a 1,468-square-foot retail space in Eagle Village Shops, Wayne, PA, set to open in...

Historic Glen Foerd estate along the Delaware River

Cescaphe Partners with Historic Glen Foerd Estate

Philadelphia, December 9, 2025 Cescaphe, a renowned wedding and event company, has partnered with the historic Glen Foerd estate in Philadelphia. This collaboration, set to start in spring 2027, follows a...

Leadership team discussion at TriState Capital Bank in Pittsburgh

TriState Capital Bank Announces New Leadership in Pittsburgh

Pittsburgh, December 6, 2025 TriState Capital Bank has appointed a new president for its Pittsburgh operations along with a head of commercial real estate, signaling a strategic move to strengthen its...

Construction site of a mixed-use apartment building in Philadelphia

Philadelphia’s $60 Million Apartment Building Acquisition Leads to Expansion

Philadelphia, December 6, 2025 A recent $60 million acquisition has initiated plans for significant redevelopment of a Center City apartment building in Philadelphia. In a joint venture between major real estate...

Historic Joseph Ambler Inn in North Wales, PA

Joseph Ambler Inn in North Wales Sells After 40 Years

North Wales, PA, December 5, 2025 The historic Joseph Ambler Inn in Montgomery County has been sold after more than four decades under original ownership. This 12.5-acre complex features a 52-room...

Beautiful luxury homes in Bucks County, Pennsylvania

Addison Wolfe Real Estate Appoints New Leadership Amid Industry Changes

New Hope, Pennsylvania, December 5, 2025 Addison Wolfe Real Estate, a leading luxury brokerage in Bucks County, announces a new leadership appointment following a key team member’s departure to SERHANT., a...

Marketing

Philadelphia skyline with thriving businesses

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....

Business scene in Philadelphia highlighting entrepreneurship

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 in Philadelphia blending streaming TV and social media.

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....

Team collaboration in a modern office at FullThrottle Technologies

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...

Aerial view of Philadelphia water infrastructure and skyline

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...

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