Business News

Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal


View Breaking Local News Headlines in Philadelphia from the Philadelphia Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.
American City Business Journals, Inc. and its licensors. All rights. reserved.

Wash Cycle Laundry founder to pitch at first Blackstone LaunchPad Demo Day

Friday October 24th, 2014 07:47:00 PM
It's Gabriel Mandujano's mission to expand his company Wash Cycle Laundry as quickly as possible.To do that, he's going to need additional funding. That means he needs more than what he's making running his eco-friendly laundry pick-up and delivery service in Philadelphia, Washington, D.C., and Austin, Texas.Mandujano is gearing up to pitch his business at the first Blackstone LaunchPad Demo Day, slated to take place Oct. 28 in New York. He is one of 20 national finalists — and the only person…

Sources: SEPTA not striking Monday but tensions still high

Friday October 24th, 2014 06:38:00 PM
Although SEPTA's largest union is calling for a strike authorization vote on Sunday, don't expect a strike on Monday, according to sources close the situation.SEPTA negotiators have dug in on certain issues, sources say, and furious members of the TWU union are likely to pass the strike authorization easily. A strike would shut down subway and bus service.TWU President Willie Brown will hold a press conference on Monday to update the public on the negotiations.Brown told me earlier this month…

Young leaders Philadelphia can't afford to lose

Friday October 24th, 2014 06:34:00 PM
During my 20 years of running Leadership Philadelphia I have become a talent scout. Working intensely with over 2,000 professionals, we have become intrigued by a skill set that is particularly useful as you climb the corporate ladder: Lateral leadership. This ability to move a group of peers toward a goal without using formal authority is crucial for effective project teams and boards of directors.The people who excel at this talent are called Connectors. They tend to have a very wide circle of…

Globus Medical acquires Texas human tissue products company

Friday October 24th, 2014 06:25:00 PM
Globus Medical Inc. has acquired Transplant Technologies, a provider of human tissue products for use in the spine, orthopedics, sports medicine, dental and wound care markets.Terms of the deal were not disclosed.Globus Medical (NYSE: GMED) of Audubon, Pa., which specializes in developing and manufacturing musculoskeletal implant products, said it will provide additional details about the transaction during its quarterly earnings conference call on Oct. 30."This acquisition will complement…

Former hospital council president returning to Philadelphia for lobbying firm post

Friday October 24th, 2014 06:00:00 PM
Andrew Wigglesworth, the former CEO of the Delaware Valley Healthcare Council, is joining S. R. Wojdak & Associates next month as an executive vice president in charge of the Philadelphia lobbying firm's health care consulting practice.For the last five years, Wigglesworth has served as CEO of MedicAlert Foundation, an international nonprofit organization based in California that pioneered the use of medical ID products. Before that, he was a partner at the Philadelphia health-care consulting firm…

Home of the Day: The Sunny Side of the Street

Friday October 24th, 2014 04:58:00 PM
By Mark Arbeit, Luxury Property SpecialistHome of the Day is presented by the Philadelphia Business Journal with Long & Foster and Christie's International Real Estate. This is your invitation to view some of the most-luxurious properties for sale. Come inside and take a look around. Click on the gallery image view today's featured property.11 S. Clermont Ave, Margate, NJ 08402 | $1,225,000Located just 7 houses from the beach on sunny side of the street, the highest quality finishes were used…

Talking about the restaurant biz with a guy whose family knows it well.

Friday October 24th, 2014 03:53:00 PM
I recently interviewed Nick Fifis for my Social Capital feature. You may not immediately know his name, but if you spend any time in South Jersey, especially in Cherry Hill, you know the restaurant he runs. The term "landmark" is bandied about way too loosely by the media to describe restaurants. In Fifis' case it may be an understatement. His family operates Ponzio's, the diner (and more) that has sat at Route 70 and Kings Highway for five decades. Read my interview with him here.

Home of the Day: Ultimate Luxury, One Block from the Beach

Friday October 24th, 2014 03:34:00 PM
By Mark Arbeit, Luxury Property SpecialistHome of the Day is presented by the Philadelphia Business Journal with Long & Foster and Christie's International Real Estate. This is your invitation to view some of the most-luxurious properties for sale. Come inside and take a look around. Click on the gallery image view today's featured property.3 S. Coolidge Ave. Margate, NJ 08402 | $1,195,000The ultimate in luxury, comfort & attention to detail punctuates this newer 4 bedroom, 3.5 bathroom home…

Pfizer board approves $11B stock buyback

Friday October 24th, 2014 02:00:00 PM
Pfizer Inc.'s board of directors approved a $11 billion stock repurchase plan, sending a strong signal that the company will not be dipping into its cash reserves to resurrect an offer for AstraZeneca.The New York pharmaceutical giant that has operations in Collegeville, Pa., said the buyback program will be " utilized over time," but provided no further details. The program is in addition to the $1.3 billion in stock buybacks already authorized under the company's previously approved repurchase…

5 things to know today (10-24)

Friday October 24th, 2014 12:44:00 PM
Here's what's happening today:1. Get a f irst look at the new Century 21 department store anchoring East Market.2. Billionaire Carl Ichan says Trump Taj Mah al casino is likely to close.3. In a New York Times article, a Comcast executive raise s doubts about streaming services like those planned for HBO and CBS.4.A SEPTA strike could happen as early as Monday, since a strike authorization vote is scheduled for Sunday.5. In high stakes game of lif e sciences recruiting, executive placement…


Comments are closed.

Share