Reuters
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Hanwha Confirms Philly Shipyard’s Nuclear Submarine Capability for U.S. Navy
Hanwha Group’s global chief strategy officer Alex Wong recently said the company’s Philly Shipyard is capable of building a nuclear-powered submarine for the U.S. Navy,…
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Montco Watches Closely as PJM Moves to Rein In Data Center Power Demand
Montgomery County residents worried about large-scale data centers proposed for Conshohocken and Limerick may soon see new safeguards aimed at protecting both grid reliability and…
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Comcast Hires 2 Banking Firms As Company Explores Potential Bid for Warner Bros. Purchase
Comcast recently hired two banking firms — Goldman Sachs and Morgan Stanley — as it explores making a bid for Warner Bros. Discovery’s studio and…
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Merck Doubles Down on Domestic Manufacturing with $70 Billion Investment
Pharmaceutical giant Merck is boosting its U.S. investments to more than $70 billion, according to Reuters. The move underscores its commitment to strengthening domestic manufacturing…
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Merck’s Oral Cholesterol Therapy Offers Easier Alternative to Injections
Merck, the pharmaceutical giant with multiple locations across Montco, is reporting success with a new oral cholesterol drug, according to Reuters. The drug, enlicitide decanoate,…
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Federal Reserve Bank of Philadelphia Announces Next President
The Federal Reserve Bank of Philadelphia has been in search of its next president and recently announced the appointment of Anna Paulson to become its…
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Scrub Daddy Owner Weighing Possible Sale of $220M Company
The founder of the hugely successful Scrub Daddy kitchen product, initially manufactured in Folcroft, is thinking of selling his company, writes Ryan Mulligan for Philadelphia…
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Navigating the Future: Economic Forecasts for 2024 with Expert Insights
As we embark on 2024, the U.S. economy is at a pivotal juncture, influenced by a dynamic mix of global and domestic factors. Let’s delve…
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