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June 5, 2026
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Philadelphia Business Journal

  • Stacks $100 bills.
    Banking & Finance

    How QVC Group Overhauled Executive Pay During Its Bankruptcy Filing

    May 11, 2026

    As West Chester’s QVC Group navigates Chapter 11 bankruptcy filing, the home shopping giant overhauled how it compensates its top leadership, writes Jeff Blumenthal for the…

  • A Madrigal Pharmaceuticals sign hangs over a display of liver models.
    Pharma & Biotech

    West Conshohocken’s Madrigal Pharmaceuticals Eyes $1B Expansion Deal

    May 11, 2026

    Madrigal Pharmaceuticals is making another major move in the rapidly growing liver disease treatment market, writes John George for The Philadelphia Business Journal. The West…

  • A rendering of a hospitality suite that will be erected at the 14th green at the Aronimink Golf Club in Newtown Square.
    Sports

    Hosting a PGA Championshp Comes With Some Sacrifice at Aronmink

    May 10, 2026

    The courses at Aronimink Golf Club in Newtown Square have been temporarily closed to its own members since November as the club prepares to welcome…

  • Merchandise inside the PGA Shop at Aronimink Golf Club.
    Retail

    What’s for Sale in the 50,000-Square-Foot PGA Shop at Aronimink Golf Club?

    May 9, 2026

    A nearly 50,000-square-foot PGA Shop tent has arrived at Newtown Square’s Aronimink Golf Club, selling merchandise during the 2026 PGA Championship and practice rounds, writes John George for the Philadelphia Business Journal. …

  • A rendering of the forthcoming Ave Luxury apartments in Horsham.
    Commercial Real Estate

    Developers Bet Big on Horsham With Major Luxury Apartment Community

    May 9, 2026

    After years of planning, a major luxury apartment project is finally moving forward in Horsham Township, writes Paul Schwedelson for The Philadelphia Business Journal. Developers…

  • Rendering of the new museum building at the Brandywine Conservancy & Museum of Art.
    Construction

    Brandywine Conservancy, Art Museum Undergoing $100M Expansion

    May 8, 2026

    The Brandywine Conservancy & Museum of Art will be undergoing a $100 million expansion on its Chadds Ford campus, writes Emma Dooling for the Philadelphia Business Journal.  …

  • Ocugen CEO Shankar Musunuri headshot.
    Pharma & Biotech

    Malvern Gene Company to Raise $115M from Convertible Notes While Dealing with Stock Decline

    May 8, 2026

    Malvern-based Ocugen saw its stock fall almost 20 percent after an announcement to use convertible notes to pay down existing debt and fund ongoing drug…

  • The facade of Jefferson Health's Abington hospital.
    Healthcare

    Major Health Systems Eye Montgomery County for Billion-Dollar Expansion

    May 8, 2026

    Montco is emerging as a focal point in major expansion plans from regional healthcare giants like Jefferson Health and Penn Medicine, writes John George for…

  • Cesar Marchese, the new Vice President at American Airlines' Philadelphia International Airport hub.
    Travel

    American Airlines Names New Vice President at PHL after Former Leader Retires

    May 7, 2026

    American Airlines recently appointed Cesar Marchese, a longtime employee, as the new vice president of the airline’s Philadelphia International Airport hub, writes Emma Dooling for the Philadelphia Business Journal.  Marchese…

  • Temple faculty and donors.
    Philanthropy

    Temple University Obtains Three Seven-Figure Gifts, Totaling $7.5 Million

    May 7, 2026

    Temple University has extended its recent fundraising efforts after receiving three new gifts, totaling $7.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The…

  • 17 Market West building in Center City Philadelphia.
    Residential Real Estate & Development

    Demand Outpaces Supply as Center City Apartment Vacancy Falls

    May 6, 2026

    Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul…

  • The interior of Alex Fraser and Peter Maloney's New Hope home.
    Real Estate

    Alex Fraser Lists New Hope Estate for $3.25 Million as His Bucks County Playhouse Tenure Nears Its End

    May 6, 2026

    Tony Award-winning producer Alex Fraser and his husband Peter Maloney have listed their New Hope home for sale, according to the Philadelphia Business Journal. The…

  • Pretzels & Pints.
    Restaurants & Lodging

    PHL Welcomes New Soft Pretzel, Beer Spot into its Lineup of Eateries

    May 5, 2026

    Philadelphia International Airport recently welcomed a new restaurant serving up delicious soft pretzels and local beer, writes Emma Dooling for the Philadelphia Business Journal.   Pretzels & Pints opened in…

  • Lee Minkoff headshot.
    Investments

    Wealth Management Consultant Buys West Chester’s Meradia, Moving HQ to Borough 

    May 5, 2026

    West Chester-based Meradia was acquired by F2 Strategy, a portfolio company of Renovus Capital Partners in Wayne, and selected the borough as the headquarters for the combined company, writes Jeff Blumenthal…

  • Aerial view of Bryn Mawr College.
    Education

    Bryn Mawr College Receives $20 Million in Gifts to Launch Strategic Plan

    May 5, 2026

    Backed by two $10 million gifts, Bryn Mawr College has started implementing a new strategic plan centered on expanding access, modernizing campus facilities, and increasing…

  • The outdoor shopping center, Suburban Square, in Ardmore.
    Retail

    Ardmore’s Suburban Square Sees Surge in Demand with New Retail Additions

    May 2, 2026

    Ardmore’s Suburban Square has reached full occupancy following a surge of new leasing activity, writes Paul Schwedelson for The Philadelphia Business Journal. In recent months,…

  • Hanwha Philly Shipyard with representatives from the U.S. Department of Labor (DOL), the Employment and Training Administration (ETA), and partner agencies.
    Manufacturing

    Hanwha Philly Shipyard Aims to Hire Up to 10,000 Workers, Quadrupling Workforce

    May 2, 2026

    South Korea-based Hanwha plans to quadruple its workforce at the Philadelphia Navy Yard shipyard, by aiming to hire up to 10,000 workers over the next…

  • The new Encompass Health Concordville Rehabilitation Hospital.
    Healthcare

    $58M Rehab Hospital Ready to Open at Concordville Inn Site  

    May 1, 2026

    Encompass Health held a ribbon-cutting on April 29 for its first Philadelphia-area rehabilitation hospital on the site of the former Concordville Inn, writes John George…

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