Commerce
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Penn Medicine Wraps Up Fiscal 2023 Year With Almost $10B in Annual Revenue
Penn Medicine, headquartered in University City, reported $238 million in operating income for the 2023 fiscal year, reflecting 61 percent year-over-year growth, writes Harold Brubaker for The Philadelphia Inquirer. Penn Medicine owns six hospitals, three of which are in Philadelphia. The not-for-profit health system recorded an operating margin of 2.4 percent, which is well below…
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Haverford Systems Has the Technology, Talent to Meet the Evolving Needs of Schools in a Post-Pandemic World
The COVID-19 pandemic presented schools with unprecedented challenges and ultimately brought about a seismic shift in the way schools operate. Haverford Systems, an audiovisual design and installation firm with more than 30 years of experience in the region, helped several schools upgrade their technology and therefore continue their educational mission with as little disruption as…
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Second Annual Black Farmers Market Promotes Community and Health
The second annual Black Farmers Market brought together many farmers, vendors, and other agriculturalists from Philadelphia to the Glenda Ann Christopher Memorial Park in Kingsessing on Saturday, writes Nate File for The Philadelphia Inquirer. People came from all parts of the city to buy fresh produce and plants, as well as find community and promote…
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Thomas Jefferson University Hospital to Celebrate Unveiling of Wall of Hope Mural Today
Thomas Jefferson University Hospital on S 11th Street in Center City is getting ready to celebrate the unveiling of the Wall of Hope mural and display in its Intensive Care Nursery. The celebration will take place today, September 1, from 11 a.m. to 12 p.m. in the Intensive Care Nursery on the 8th Floor of…
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Wilmington University Alumna Selected by President Biden to Serve on National Museum, Library Services Board
President Biden selected Wilmington University alumna Dr. Annie Norman to serve on the National Museum and Library Services Board. The state librarian of Delaware and director of the Delaware Division of Libraries, Dr. Norman led the establishment of the Delaware Library Catalog, which comprises 74 participating libraries that share 2.5 million items, including e-books and audiobooks. The access to data…
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Ray Didinger at Neumann University: 50 years of Philly Sports
Ray Didinger, the dean of Philadelphia sportswriters, will speak about his storied career covering Philly teams at Neumann University on Sept. 7 at 1:30 PM in the Meagher Theatre. Didinger, who grew up in Folsom and graduated from St. James High School in 1964, was the first print journalist inducted into the Philadelphia Sports Hall…
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Vinyl, Philly’s New Live Music Venue, Night Club, & Cocktail Bar Starts Spinning in Center City
Once you step into Vinyl, a new live music venue and bar in Center City, you are welcomed by a well-executed blend of an intimate concert venue, restaurant, and nightclub, reports Aunyea Lachelle for NBC 10 Philadelphia. “I’ve always wanted to create some live music in our city,” said Philadelphia restaurateur Rob Wasserman, co-founder of…
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Philadelphia-based Celebrity Barber Provides Local Kids With Free Back-to-School Haircuts
Philadelphia celebrity barber Kenny Duncan has paired with other hair stylists through Barbers Who Care to provide free back-to-school haircuts to local boys and young men, reports Aunyea Lachelle for NBC 10 Philadelphia. “Growing up with low self-esteem, a haircut gave me nine points of confidence,” said Duncan. “It helped me feel good about myself,…
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After Launching Football, Eastern University Adds Marching Band to Welcome New Levels of School Spirit
As Eastern University’s football team embarks on its first season against varsity NCAA competition this fall, the university’s Music Department and Athletics Department are unveiling plans to launch a marching band starting Fall 2024. Eastern’s announcement comes with immediate preparations for a pep band and drumline to energize the upcoming 2023 football season. The two…
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Experience Top Amenities at Lancaster’s Eden Resort, from Heated Pools to Gourmet Dining
For those who are looking to discover Amish country or take a stroll in downtown Lancaster, the Eden Resort & Suites is the perfect place to stay. Centrally located off Route 30, the hotel is very convenient for out-of-towners. The resort offers 300 rooms, including 160 multi-room suites and villas. Guests can enjoy a…
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Wall Street Journal: Northeast Philly-based Paratodo Offers Cool, U.S.-made Shirts for Under $150
It is not easy to find hip and well-made shirts that do not cost a fortune, but Northeast Philadelphia-based Paratodo is among the few places that offer these designs for under $150, writes Jamie Waters for The Wall Street Journal. The local label is also one of the rare brands that make their products in…
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Philadelphia’s Hersha Hospitality Trust Goes Private in $1.4 Billion Deal with KSL Capital Partners
Center City-based Hersha Hospitality Trust is being taken private by Denver-based KSL Capital Partners in an all-cash transaction valued at $1.4 billion, writes Emma Dooling for the Philadelphia Business Journal. As part of the deal, KSL affiliates will acquire all of the outstanding common shares of Hersha for $10 per share, which is around 60…
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Investing in Fine Art Now Simpler as Access to Alternative Asset Classes Expands
Fine art is an untapped space that has mostly been reserved for investors who have millions to buy an entire painting, writes Diana Bird for Moneywise. This provided them with a distinct advantage, as contemporary art has outperformed the S&P 500 for the last 26 years by 131 percent. Now, a new platform has made…
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Newest Manor College Student Looks to Be Future Contributor to Ethiopian Progress
Growing up in Ethiopia, Tedla Kaltiso understood the importance of technology. He’s used online tutorials to learn photo editing and graphic design, and found programming to help him improve his understanding of English. Technology also helped him find a home. It was through an online college database that Kaltiso found Manor College, where he’ll enroll…
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Neumann University Students Jump into Community Service
One day after they moved into residence halls, more than 380 Neumann University first-year students flooded local organizations, schools, and charities to provide a day of service to the community. At 8:30 AM on Thursday, Aug. 24, students packed into the Mirenda Center to learn their destinations, meet their faculty/staff facilitators, and load buses and…
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La Salle University Sells Residence Halls for Affordable Senior Living and Student Housing
La Salle University sold two undergraduate residence halls on its Olney campus to a private investor who plans to use the two properties for affordable senior living and housing for insecure college students, writes Ryan Mulligan for the Philadelphia Business Journal. The sales are part of the university’s strategic plan to place greater focus on…
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Student-run Program at Central High School Fights Food Insecurity in North Philly
Feeding Philly, a student-run program at Central High School in North Philadelphia, is helping students and families in the community fight food insecurity, writes Ella Lathan for Billy Penn at WHYY. The program was launched at the start of last school year and has already managed to provide aid to over 500 families. The program’s…
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16-Year-Old CEO Makes Social Media Work for Your Business
Asher Dahlgren turns 16 this month, but his activities and demeanor carry him beyond his years. “Everybody thinks I’m older for some reason,” he said. This resourceful entrepreneur has his own social media marketing business. Among his four or five clients to date is American Community Journals, the parent company of VISTA, MONTCO, DELCO, BUCKSCO,…
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