Commerce
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This Small Bucks County Town Has History, Charm and a Beloved Theme Park
Langhorne is a charming small town that is well worth a visit to see its historic downtown and many attractions, including a family-themed amusement park, writes Jess Simms for the Islands. Situated between Philadelphia and Trenton, Langhorne is a highly accessible destination, reflecting its origin story. The borough developed around the crossroads of an east-west…
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Passions Rise Over Local Eateries in Delco Restaurant Review Facebook Group
Delco Restaurant Review is a Facebook group with roughly 42,000 members where locals can discuss Delaware County eateries, writes Victor Fiorillo for Philadelphia Magazine. It is not unusual for conversations to get heated very quickly. “I find that anytime someone says that this place is the ‘best’ at anything, the situation can devolve quickly,” said…
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Kennett Square Sandwich Maker Lands Role in ‘Task’ as Mark Ruffalo’s Body Double
Michael Bertrando, actor and owner of Kennett Square’s Sam’s Sub Shop, unexpectedly landed the role of Mark Ruffalo’s body double in the HBO crime drama Task, writes Earl Hopkins for The Philadelphia Inquirer. Before that, the sandwich maker was in theater and commercials for major brands like Mercedes, McDonald’s, and Nintendo, but now helps his…
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Wistar Institute’s New iCure Consortium Aims to Develop Personalized HIV Treatment Strategies
A new five-year, $17 million research award has been used to fund and launch Wistar’s new iCure Consortium. The goal of the iCure Consortium is to develop more unique and individualized regimens and strategies to cure HIV through tailored care and medicine. “It really is the culmination of a years-long investment in HIV, HIV treatment,…
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Local Restaurateur Pursues Newest Food Venture in Exton
L’Olivo Trattoria, a new Italian restaurant, opened last week at 570 Wellington Square in Exton, writes Emma Dooling for the Philadelphia Business Journal. The new eatery is located in Eagleview Town Center, Hankin Group’s mixed-use development. Restaurateur and chef Francis Pascal owns the latest addition to Chester County’s dining scene. He also operates the Birchrunville…
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Collegeville’s Pfizer Campus Wins 75 Percent Tax Assessment Cut
The Bridge at Collegeville, one of Montco’s largest office campuses, just saw its tax burden shrink dramatically, writes Paul Schedelson for the Philadelphia Business Journal. After two rounds of appeals, the assessed value of the 340-acre site dropped by more than 75 percent. This cut the owners’ property tax bill from $7.8 million to $1.9…
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Prospect Medical Bankruptcy Motion States Potential Abandonment of Medical Properties
Prospect Medical Holdings submitted an emergency bankruptcy motion last week, stating it plans to abandon Crozer-Chester Medical Center and Springfield Hospital in Delaware County unless local authorities meet its property tax demands, writes Harold Brubaker for The Philadelphia Inquirer. The California for-profit filed for bankruptcy in January. Some potential buyers have already been identified for…
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Amid Continued Financial Struggles, Warrington’s Windtree Therapeutics Shifts Focus
Following failed forays into real estate and crypto, Warrington-based Windtree Therapeutics is reinventing itself as a waste management and environmental services firm, writes John George for the Philadelphia Business Journal. This surprising pivot comes after the company’s struggle to find a partner for its drug candidate pipeline. “Capital is scarce out there, especially for cardiovascular…
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Philadelphia Small Businesses See Boost in Sales With Red October Now Upon Us
While the Philadelphia Phillies’ start to the playoffs has been much less than ideal, Philadelphia area businesses are still seeing a boost as fans are eager to watch the team play, write Alicia Roberts and Jim McHugh for CBS News Philadelphia. Even before the Phillies’ first playoff game against the Los Angeles Dodgers, local businesses…
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Pepsi Philly Eats Fest: A Showcase of Local Restaurants, Music, and Community
On the afternoon of Saturday, October 4, Eakins Oval was packed as hundreds of people gathered for the first-ever Pepsi Philly Eats Fest. The event was a celebration of Philadelphia’s iconic food scene, as nine local restaurants showcased some of their most popular dishes — from cheesesteaks to fries, wings, macaroni and cheese, sandwiches, and…
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23 Philadelphia Companies Featured On Inc. 5000 List Of Fastest-Growing Private Firms
Twenty-three Philadelphia companies have earned a spot on the Inc. 5000 list of fastest-growing private firms, writes Ryan Mulligan for the Philadelphia Business Journal. The Inc. list ranks firms based on their percentage growth from 2021 to 2024, providing a “snapshot of the country’s most resilient and dynamic privately held companies,” according to the publication.…
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Citadel Credit Union Stands Alongside CHOP, Helps Raise $1.8 Million for Pediatric Cancer Research and Care
More than 290 teams comprised of 8,000-plus supporters recently participated in the Children’s Hospital of Philadelphia Cancer Center’s largest fundraiser, the Parkway Run & Walk, presented by Citadel Credit Union. More than $1.8 million was raised to fund and directly support pediatric research and care for those battling cancer. The annual Parkway Run & Walk raises funds and awareness…
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Reservations Now Open for King of Prussia District’s Igloo Garden on the Green from Nov. 4-18
Reservations are now open for the fourth annual Igloo Garden on the Green, a magical outdoor dining experience returning to King of Prussia Town Center’s green space from Nov. 4-18. Produced by King of Prussia District and presented by Children’s Hospital of Philadelphia’s King of Prussia Campus, the event benefits Upper Merion Area Community Cupboard (UMACC). Bookable exclusively…
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FinCEN’s Proposed Rulemaking and Its Implications for Financial Institutions
The Bank Secrecy Act (BSA) program requirements are going to change. On June 28, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rule Making (NPRM) to strengthen and modernize financial institutions’ programs. Specifically, the rule will require programs to be effective, risk-based, and reasonably designed — thus focusing on effectiveness, dynamism,…
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Conshohocken-Based IKEA Expands Urban Footprint with New SoHo Store
Conshohocken-based IKEA U.S. is making another bold move into Manhattan as part of its ongoing urban expansion strategy, reports its parent company, Ingka. The company has acquired a prime property at 529 Broadway in Manhattan’s SoHo district to house IKEA’s second store in the city. The five-and-a-half-story building was constructed in 2016 to complement SoHo’s…
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St. Luke’s Upper Bucks County Campus Opens Expanded ER in Quakertown
St. Luke’s Hospital recently held a ribbon-cutting ceremony for its significantly expanded ER at its Upper Bucks County campus, writes Josh Popichak for Saucon Source. The campus has grown substantially since it was first opened six years ago. In 2024, ground was broken on the project to expand the emergency department to better serve the…
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Nike’s First Jordan Brand World of Flight U.S. Store in Philadelphia Set to Open Oct. 10
More than a year after Nike announced plans to open its first World of Flight store in the U.S. right here in Philadelphia, we now have an official opening date of Friday, October 4, writes Michael Tanenbaum for PhillyVoice. Philadelphia will be joining Beijing, Mexico City, Milan, Seoul, and Tokyo as the only cities with…
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Frankford High School Baseball Coach Raising Awareness About Male Breast Cancer Through Special Event
Juan Namnun, the baseball coach at Frankford High School and a breast cancer patient, is raising awareness about male breast cancer, writes Stephanie Stahl for CBS News Philadelphia. When he found out about his diagnosis, Namnun was in shock. “I knew very little about it,” he said, “it never crossed my mind.” The 47-year-old father…
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