Commerce
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WSJ: Wharton Professor Advises White House, Top Corporations on New AI Technology
Wharton School of the University of Pennsylvania professor Ethan Mollick has become the go-to authority on AI for the White House and many top corporations, writes Christopher Mims for The Wall Street Journal. Mollick had been obsessed with ChatGPT even before it was fully released. His interest only intensified after November 2022, when it was…
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Temple University Receives $500K Grant, Opens New Community Space To Help People With Disabilities
Temple University recently received a $500,000 grant from the Department of Education, which has been used to create a new community space at Morgan Hall that offers people with disabilities access to high-tech devices, writes Stephen Williams for WHYY. The devices will help aid their mobility, vision, voice, or help them play video games. The…
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Society Hill Hotel in Old City Aims To Reopen Weekend of May 10
Society Hill Hotel, the 192-year-old hotel in Old City is aiming to reopen just in time for Mother’s Day, writes Kristen Hunt for PhillyVoice. If successful, it will mark the end of a nearly year-long process of renovations, surprises, and snags as it has tried to transform the charred old building into a boutique destination.…
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House of the Week: Magnificent Colonial in Fox Chase
A magnificent colonial home set on 0.34 lovely acres with four bedrooms and three and a half bathrooms is available for sale in Fox Chase. This beautiful residence is a personal serene retreat nestled within the tranquil atmosphere of Pennypack Park. . . The property, which is approached along a private cul-de-sac, welcomes you with…
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Harcum College Cub Heads to Julliard
Children of Harcum College employees are often referred to as Harcum Cubs, a nod to the College’s mascot, Hatcher the Bear. Aidan Peterson, son of Amy Shumoski, Digital Communications Manager at Harcum, is a Cub unlike any other. Shumoski joined Harcum in 2008, when Peterson was just two years old. In 2011, when he expressed…
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AARP Pennsylvania Raises Awareness on Cryptocurrency Scams
AARP Pennsylvania is elevating its efforts to educate its members and the public about the escalating threats posed by cryptocurrency scams. With the digital currency market expanding, the profit potential has attracted not only investors but also a concerning increase in fraudulent schemes. Mary Bach, AARP Pennsylvania Volunteer and Chair of the Consumer Issues Task…
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Collegeville’s Italian Bakery Pizzeria Goes Viral After Displaying Wholesome Autism Awareness Messages
The Italian Bakery Pizzeria Napoletana in Collegeville has gone viral after it shared heart-warming autism awareness messages on its billboard, according to a staff report from Local 21 News. Thousands online are praising the owners, Steve and Patrizia Carcarey, for the wholesome messages many could see as they were driving by the billboard. “Autism is…
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RW Capital Sells Off Ridge Plaza Shopping Center in Royersford For $12.5 Million
RW Capital has sold the Ridge Plaza shopping center in Royersford to four buyers in separate transactions for nearly 60 percent more than it paid for it, writes Paul Schwedelson for the Philadelphia Business Journal. The real estate investment firm bought the plaza in 2015 for $7.9 million with plans to hold onto it for…
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WSJ: Comcast’s NBCUniversal Prepares a $2.5 Billion Yearly Bid For NBA Rights
NBCUniversal, owned by Comcast, is preparing to offer a massive $2.5 billion a year bid for the rights to air NBA games, write Joe Flint, Amol Sharma, and Isabella Simonetti for The Wall Street Journal. This comes as rival Warner Bros. Discovery is making its own last-ditch efforts to keep those rights. TNT, owned by…
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New 85-Unit Apartment Building Proposed For Northeast Philadelphia
A three-story, 85-unit apartment building is likely coming to Northeast Philadelphia if Montgomery County developer, DePaul Group of Flourtown, has its way, writes Paul Schwedelson for the Philadelphia Business Journal. DePaul Group has proposed building the 105,691-square-foot apartment project on 7.5 acres of undeveloped land at 8400 Roosevelt Boulevard, next to a rehabilitation center on…
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Philadelphia Celebrates Its 45-Year Sister City Anniversary with Tianjin, China
As the sun rose over Tianjin in China and set over Philadelphia, a shared spirit of kinship filled the air on April 23 as both cities celebrated their 45 years of sister-city ties at a celebration in Philadelphia’s City Hall. Relations between Philadelphia and China strengthened in 1973 when President Richard Nixon authorized The Philadelphia…
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Philly Lags Behind in Middle-Wage Jobs, But A Sense of Optimism Still Remains
A recent Pew Charitable Trust study found that Philadelphia has fewer middle-wage jobs — which pay between $18 and $27 an hour — than its peer cities, writes Kristen Mosbrucker-Garza for WHYY. In 2019, the density of middle-wage jobs in Philadelphia was 758 out of 1,000 working-age residents, according to U.S. Census data crunched by…
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Mural Arts Philadelphia To Celebrate 40th Anniversary With Annual Wall Ball on May 3
Mural Arts Philadelphia announced the return of its Wall Ball 2024, celebrating its 40th Anniversary to be held on Friday, May 3, 2024 at the 2300 Arena in South Philadelphia. Presented by Citizens, the organization’s signature fundraiser will take on its year-long theme – Roots & Reimagination – honoring its past and present that have…
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These Are Some of the New Restaurants Coming to Philadelphia in 2024
Philadelphia will soon see a large influx of new restaurants add their unique flavors to the local food scene, writes Michael Klein for The Philadelphia Inquirer. The Philadelphia area is expected to see at least 75 new restaurants in 2024. Baby’s Kusina & Market, a Filipino-inspired concept of Tam and Raquel Dang, will be upgrading…
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Eastern University Business Students Take 2024 Drexel Fraud & Internal Control Case Competition By Storm
This past February, Eastern University’s College of Business and Leadership sent four teams of students to compete in the Drexel University Fraud and Internal Control Case Competition, hosted by Drexel LeBow’s Department of Accounting. This year, Eastern student teams took home first, third, and fourth place despite intense competition from much larger schools such as Drexel…
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Half-Acre Farm Helps Lankenau Medical Center Provide Food for Patients with Food Insecurity
Lankenau Medical Center has made good use of half an acre of its campus by turning it into a farm that helps it fight food insecurity, writes Aubrey Whelan for The Philadelphia Inquirer. The Delema G. Deaver Wellness Farm at Lankenau Hospital in Wynnewood provides fresh produce for some of the medical center’s patients who…
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Richest Man in South Korea, Michael Kim, Gifts Haverford College $25M
One of the richest men in South Korea Michael Kim, has just given Haverford College $25 million to found its Institute for Ethical Inquiry and Leadership, writes Susan Snyder for The Philadelphia Inquirer. Michael B. Kim, a Haverford College alumnus and an incoming college board chairman, leads a private South Korean equity firm. He’s been…
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Wawa to Introduce Milkshakes at Newly Renovated North Oxford Valley Road Store
Wawa is currently revamping its bustling Levittown location at 132 North Oxford Valley Road, writes JD Mullane for the Bucks County Courier Times. Manager Tony Amato revealed that the site is undergoing a comprehensive makeover. “The entire inside was gutted,” Amato explained, promising a fresh, bright design that will impress patrons. The exterior…
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