Philadelphia Business Journal

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Newsroom Staff on Twitter:

General news: @PhilaBizJournal


Sharon Oliver | @PHLBizLists
Research Director

John George | @PHLBizJGeorge
Senior Reporter: healthcare, biotech/pharma

Natalie Kostelni | @PHLBizNKostelni
Reporter: real estate, economic development


Jeff Blumenthal | @PHLBizLawBank
Reporter: banking, insurance, law

Nomination deadline extended for Best Real Estate Deals and Dealmakers 01/09/2024

The nomination window for our Best Real Estate Deals and Dealmakers has been extended through Jan. 15. Here's how to submit a project or individual for consideration.

Nomination deadline extended for Best Real Estate Deals and Dealmakers

58 Philadelphia-area companies and execs that topped The List in 2023 01/09/2024

In 2023, we published 58 Lists including Greater Philadelphia's highest-paid CEOs, the region's wealthiest ZIP codes and the largest law firms. Here's a look back at the people and companies that topped each of them.

58 Philadelphia-area companies and execs that topped The List in 2023

Silverman: Follow these fundamental principles of effective leadership 01/09/2024

To guide the next generation of leaders, these fundamental principles need to be taught to all undergraduate students, regardless of their major. Guest columnist Stan Silverman shares what they need to know.

Silverman: Follow these fundamental principles of effective leadership

Goodbye soaring salaries? How the pay picture is evolving in 2024 01/09/2024

When it comes to salaries, some companies are trying to 'right the ship' in 2024

Goodbye soaring salaries? How the pay picture is evolving in 2024

After leaving WIP, Jon Marks considering all options for next role 01/09/2024

Marks, who suddenly departed WIP in December, does not plan on being out of the media industry for long.

After leaving WIP, Jon Marks considering all options for next role

Two airlines cancel flights at PHL after Boeing 737-Max 9 grounding 01/09/2024

An in-flight incident late last week has resulted in the grounding of all Boeing 737-Max 9 aircraft, leading to flight cancellations at Philadelphia International Airport.

Two airlines cancel flights at PHL after Boeing 737-Max 9 grounding

Philadelphia housing market experts 'cautiously optimistic' on 2024 01/09/2024

The National Association of Realtors named the Philadelphia metro as one of the 10 markets with the most pent-up demand, and that could bode well for the region. But experts are tempering expectations.

Philadelphia housing market experts 'cautiously optimistic' on 2024

AmeriHealth Caritas taps former Aetna executive as its new CEO 01/08/2024

AmeriHealth Caritas, the region's largest Medicaid HMO, recorded $20 billion in revenue in 2022.

AmeriHealth Caritas taps former Aetna executive as its new CEO

South Jersey auto giant to buy billion-dollar dealership group 01/08/2024

A South Jersey automotive giant with around a dozen dealerships in the Philadelphia region is expanding again with the acquisition of a $1 billion dealership group.

South Jersey auto giant to buy billion-dollar dealership group

Delco biopharm firm files for the region's first IPO of 2024 01/08/2024

A Delaware County biopharmaceutical company has become the first local life sciences company, and the third nationally, to file plans for an initial public stock offering in 2024.

Delco biopharm firm files for the region's first IPO of 2024

How Philadelphia-area college endowments performed in fiscal 2023 01/08/2024

Endowments at colleges and universities across Greater Philadelphia started to rebound from a year prior when most endowments took hits due to poor capital markets.

How Philadelphia-area college endowments performed in fiscal 2023

As area life sciences projects slow, developers stay bullish on future 01/08/2024

At least 2 million square feet of new life sciences space has been planned in Philadelphia but isn't yet under construction.

As area life sciences projects slow, developers stay bullish on future

Main Line private school receives record $9.1M gift from billionaire 01/08/2024

The gift from the Drexel alum is the largest in the school's over 100-year history.

Main Line private school receives record $9.1M gift from billionaire

Toll Brothers plans 358-home project on 140 acres in North Carolina 01/08/2024

The $15 million acquisition of 140 acres sets the table for a major project.

Toll Brothers plans 358-home project on 140 acres in North Carolina

Some companies are 'quiet cutting' employees. The move can be costly. 01/08/2024

Many business owners believe "quiet cutting" is unethical — but nearly a quarter of respondents say they are utilizing the practice.

Some companies are 'quiet cutting' employees. The move can be costly.

Here are nearly 40 Philadelphia-area restaurants set to open in 2024 01/08/2024

New eateries in the pipeline this year include a "social darts" venue, a fifth White Dog Cafe, a fine dining Georgian restaurant in Fishtown and a new spot from restaurateur Stephen Starr.

Here are nearly 40 Philadelphia-area restaurants set to open in 2024

Jon Marks on leaving WIP, opening a barbershop and what's next 01/08/2024

Marks, who suddenly departed WIP in December, does not plan on being out of the media industry for long.

Jon Marks on leaving WIP, opening a barbershop and what's next

Some companies are 'quiet cutting' employees 01/07/2024

Many business owners believe "quiet cutting" is unethical — but nearly a quarter of respondents say they are utilizing the practice.

Some companies are 'quiet cutting' employees

Chadds Ford Tavern owners to open new restaurant on the Main Line 01/07/2024

"We think the area needs a tavern, an everyday place where people can come and relax," Philip Ferro said of the forthcoming restaurant.

Chadds Ford Tavern owners to open new restaurant on the Main Line

10 Greater Philadelphia startups to watch in 2024 01/07/2024

Each year we assess the region's startup ecosystem to determine the early and growth-stage companies poised for big things in the year ahead. Here are 10 local firms we're keeping an eye on in 2024.

10 Greater Philadelphia startups to watch in 2024

Audacy files for bankruptcy with deal to give debtholders ownership 01/07/2024

The bankruptcy filing by Audacy, which owns six local radio stations including KYW Newsradio and SportsRadio 94 WIP, comes after it reached a restructuring deal with a “supermajority” of its debtholders, according to the company.

Audacy files for bankruptcy with deal to give debtholders ownership

Philadelphia's newest pro sports team selects venue for home games 01/07/2024

The Premier Lacrosse League in November announced Philadelphia as one of eight cities that will be home to a PLL team this season. Now the Philadelphia Waterdogs have secured a venue for their home games.

Philadelphia's newest pro sports team selects venue for home games

Urban Outfitters closes Amis Trattoria, will expand Pizzeria Vetri 01/07/2024

Urban Outfitters has shuttered its Italian restaurant in Devon Yard with plans to expand an existing Pizzeria Vetri there and add a new event space.

Urban Outfitters closes Amis Trattoria, will expand Pizzeria Vetri

Jenkintown home built for Ortlieb's Brewing family lists for $1.05M 01/07/2024

Ortlieb's Brewing was a mainstay in Northern Liberties for over 100 years. Built in the 1930s, the Ortlieb family lived in the 4,500-square-foot Jenkintown home for 27 years.

Jenkintown home built for Ortlieb's Brewing family lists for $1.05M

Worried about an ERC audit? Some businesses now have an off-ramp 01/07/2024

The IRS is ramping up audits for the lucrative Covid-19 relief program — and it's giving businesses an off-ramp if they now realize they don't qualify

Worried about an ERC audit? Some businesses now have an off-ramp

Inovio expects to seek approval for lead new drug candidate in 2024 01/07/2024

The expected FDA filing marks a milestone for Plymouth Meeting-based Inovio as it works to recover from a series of setbacks in recent years.

Inovio expects to seek approval for lead new drug candidate in 2024

The List: Largest events and conventions coming to Philadelphia in 2024 01/06/2024

Events and conventions like the Philadelphia Flower Show, WWE AXXESS and the Philadelphia Marathon are expected to draw more than 850,000 combined attendees.

The List: Largest events and conventions coming to Philadelphia in 2024

Film Society plans renovations to 3 Center City movie theaters 01/06/2024

The Philadelphia Film Society expects to resume renovations at one of its Center City movie theaters this year as it also works to raise money for upgrades at two other venues.

Film Society plans renovations to 3 Center City movie theaters

California jewelry brand to open second local store on the Main Line 01/06/2024

The brand, known for its earrings, rings, bracelets and necklaces, entered the Philadelphia market in 2022 with an outpost in Rittenhouse Square. The second location will be larger and have coastal bungalow-inspired design elements.

California jewelry brand to open second local store on the Main Line

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Business Journal Staff

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