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WSJ: Philly Shipyard Faces Tough New Task in Ongoing Mission to Revive U.S. Shipbuilding
Hanwha Philly Shipyard, acquired by a South Korean firm last year, has a new objective in its mission to revive U.S. shipbuilding: producing a nuclear-powered submarine for the first time, writes Timothy W. Martin for The Wall Street Journal. Even before taking on its latest project, Philly Shipyard was already at the heart of President…
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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 streaming businesses, write Dawn Chmielewsky, Amy-Jo Crowley, Dawn Kopecki, and Milana Vinn for Reuters. The two firms will be responsible for helping Comcast evaluate a prospective offer. According to two…
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Mayor Parker Launches New Task Force to Revitalize, Renew Struggling Market East Corridor
Mayor Cherelle Parker and her administration have announced the formation of the Market East Advisory Group, tasked with renewing Market East, write Joe Brandt and Natasha Brown for CBS News Philadelphia. The new task force is a partnership between Comcast, the Philadelphia 76ers, the Fashion District’s owner Macerich, Brandywine Realty Trust, Thomas Jefferson University, Visit…
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CHOP Doctors Save Toddler’s Life With First-Of-Its-Kind Surgical Intervention
A group of doctors at the Children’s Hospital of Philadelphia recently pioneered a new surgical intervention that helped save a toddler’s life, write Stephanie Stahl and Casey Kuhn for CBS News Philadelphia. Their medical intervention allowed the child whose heart was failing fast live 9 months without a heart. Dr. Katsuhide Maeda of CHOP said…
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This Philly Rapper Term, Turned Viral By Gen Alpha, is Dictionary.com’s 2025 Word of the Year
Dictionary.com has announced its 2025 word of the year and it’s a slang term that has become popularized by the youngest generation, writes Ella Feldman for Smithsonian Magazine. The term “67,” or “six-seven,” is the 2025 word of the year. The slang term, which has become popularized by children and teenagers, is quite an interesting…
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Planned Demolition of Market Street Buildings Raises Concerns for Many Community Members
Last month, it was announced that Comcast and the Philadelphia 76ers planned to have the buildings on Market East they acquired this past summer demolished. While there has not been any update as to what plans are after the demolition, some residents are raising concerns, writes Mike D’Onofrio for AXIOS Philadelphia. Debbie Wei, a member…
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Wall Street Journal: MontCo Man Builds Dream Lego World in Basement
An increasing number of adult Lego fans are transforming parts of their homes into elaborate worlds full of giant sets and detailed dioramas, including one Montgomery County man, writes Te-Ping Chen for The Wall Street Journal. Evan Rubin, 41, wanted to have a break from the monotony of daily life, from shuttling kids to and…
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Ten Penn Center Sold in $30M Deal, Conversion Project to Follow
The sale of Ten Penn Center is now complete, closing a $30 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. PMC Property Group acquired the 27-story, Center City building from a partnership between two firms, Sterling Equities in New York and Greenville Partners based in West Chester. This sale close comes more than…
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Wall Street Journal: Amazon Shaking Up Whole Foods with Backroom Robots
Amazon is rolling out a new backroom system at a local Whole Foods Market that could redefine the chain’s natural-food image by adding more mainstream food options, writes Owen Tucker-Smith for The Wall Street Journal. The Plymouth Meeting store may be among the first to deploy ShopBots, robots designed to retrieve items like Doritos, Tide…
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Orchestra Life Sciences Headquarters Moving from Canada to Philadelphia Navy Yard with Planned Expansion
Orchestra Life Sciences is moving its headquarters from Montreal in Canada, to the Philadelphia Navy Yard as it prepares for rapid growth, writes John George for the Philadelphia Business Journal. The firm, which supports pharmaceutical and biotechnology companies developing therapies for cancer and rare diseases, currently has more than 60 employees around the world and…
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Venture for America, Comcast Roles Help Cheltenham Woman Pivot Into Dream Job Investing in Startups
Antonia Dean, a Cheltenham resident, secured her dream role after gaining experience at Venture for America and Comcast, where she developed programs to support local startups, writes Sarah Huffman for Technical.ly. Today, Dean is a partner at Black Operator Ventures, a seed-stage venture firm where she focuses on investing in companies others might overlook. Dean,…
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Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has been sold, writes Paul Schwedelson for the Philadelphia Business Journal. The investors who have acquired the iconic Spanish baroque buildings plan to make capital improvements to the property, hoping to enhance its tenant value. “We…
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Roundhouse Reimagined Offers Ideas on Repurposing Former Police Administration Building
The Preservation Alliance for Greater Philadelphia and Docomomo US/Greater Philadelphia recently partnered to host Roundhouse Reimagined, a half-day symposium showcasing responses to a call for concepts for the former Police Administration Building, known as the Roundhouse, writes Kimberly Haas for Hidden City. “The idea of the symposium is to shine a spotlight on the building,…
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Rising Health Insurance Costs Loom for Philadelphia as Federal Aid Ends
Nearly 500,000 Pennsylvanians could be facing sharp increases in their health insurance costs next year as the federal assistance that has been helping keep premiums affordable is now coming to an end, write Ryan Deto, Isaac Avilucea, and Sabrina Moreno for AXIOS Philadelphia. As open enrollment for Pennsylvania’s health insurance marketplace starts on Saturday, the…
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How Secret Meetings at Carpenters’ Hall in Philadelphia Helped Secure America’s Independence
A secret meeting between Benjamin Franklin and French spy Julien-Alexandre Achard de Bonvouloir at Carpenters’ Hall in 1775 helped bolster America’s fight for independence, writes Michaela Althouse for PhillyVoice. At the time, American colonists wanting to break away from Great Britain were gathering resources and preparing to fight for freedom. A pressing question was whether…
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Warehouse Planned for DrinkPak in Bellwether District Would Be Philadelphia’s Largest
A 1.4 million-square-foot warehouse planned at the Bellwether District for canned beverage manufacturer DrinkPak would be the largest in Philadelphia and third largest in the region, writes Paul Schwedelson for the Philadelphia Business Journal. A city zoning permit issued last week to the Bellwether District states that the building would be for “limited industrial and…
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At Philadelphia-Based Honeygrow, AI is Proving to Be a Game-Changer
Back in 2012, honeygrow opened its first location at 16th and Sansom streets in Center City Philadelphia. Founder Justin Rosenberg wanted to create a new space that brings people together with high quality, wholesome, and simple foods. Since its opening, honeygrow has become known for its stir-fry, salads, and honeybars. Fast forward to more than…
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Philadelphia Neighborhood Spellings That Sometimes Trip Up Even Lifelong Residents
Philadelphia is a city of neighborhoods and a rich history. The latter point has led to several street and neighborhood names that may stumble even lifelong residents, let alone visitors and even autocorrect, writes Jim Smithton for Philly Bite Magazine. There are four locations in particular that often stumbles people when it comes to its…
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