Business News

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

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

Former ambulance company owner pleads guilty in fraud case

Thursday June 30th, 2016 07:27:42 PM John George
The federal government’s ongoing investigation into ambulance company fraud in the Philadelphia region has netted another guilty plea.Bassem Kuran, 23, of Philadelphia pleaded guilty to make false statements in a health care matter, according to the U.S. Attorney’s Office.Kuran was the owner and president of VIP Ambulance, a Philadelphia company that provided ambulance services to Medicare beneficiaries seeking transportation for dialysis services.According to the U.S. Attorney’s Office,…

Hilton Penn’s Landing completes first phase of redesign: PHOTOS (Video)

Thursday June 30th, 2016 06:25:00 PM Kenneth Hilario
The Hilton Philadelphia at Penn's Landing on Wednesday held a grand opening ceremony for its new restaurant — the pièce de résistance to the first phase of the hotel's multimillion-dollar renovation. (See gallery for photos from the event.)It was announced in May that the waterfront hotel would be undergoing a two-year, $15 million property-wide redesign project, broken up into three phases, with some completed in time for the Democratic National Convention next month.The first phase included…

Silverman: European Union, face the brutal facts of your reality

Thursday June 30th, 2016 06:02:19 PM Stan Silverman
The response of the leaders of the European Union to the Brexit vote in the U.K. on June 23 indicates that they are not facing the brutal facts of their reality – if changes to EU regulations are not made, the organization faces possible defections and economic chaos. This is in everyone’s worst interest.The headline of the June 29 Financial Times states that “[U.K. prime minister] Cameron blames Brexit defeat on EU failure to tackle immigration.” Cameron is quoted as stating, “The U.K.…

Local favorite once again named best beach in N.J.

Thursday June 30th, 2016 05:14:41 PM Kenneth Hilario
Beachgoers seem to really love one 137-year-old beach town in New Jersey.Ocean City was named the Garden State's favorite beach once again, this time by the New Jersey Sea Grant Consortium, based on 9,000 votes in a public poll.Chester County gene therapy company cuts its workforce in halfOcean City came in at No. 1 as the overall favorite beach, followed by Wildwood Crest. It was named the best beach in the state in New Jersey Monthly's Shore Town Showdown released earlier in the month.Thursday's…

Report: Philadelphia among the costliest regions for baby deliveries

Thursday June 30th, 2016 04:46:03 PM John George
The Philadelphia region is the fourth costliest metropolitan area in the country, on average, for a routine baby delivery, according to a study released Thursday by Castlight Health Inc.The average cost for a routine vaginal delivery in this region — which encompasses southeastern Pennsylvania, South Jersey and northern Delaware — was $11,340.The report also found the area ranked ninth for cesarean sections with an average cost of $14,694.MD Anderson Cancer Center at Cooper opens $13.5M…

Eastern State hiring 200 for Terror Behind the Walls

Thursday June 30th, 2016 04:06:03 PM Kenneth Hilario
Are you ready to put your zombie, event and makeup skills to the test? The Eastern State Penitentiary is hiring for its upcoming Terror Behind the Walls season.The institute is looking to fill 200 positions for the 2016 season of its famous — and growing — haunted house attraction, including actors, makeup artists, and box office and retail staff.A.C. casino workers reach deal with 3 out of 5 casinos: ReportPositions will be filled on a first-come, first-considered basis, according to Eastern…

A.C. casino workers reach deal with 3 out of 5 casinos: Report

Thursday June 30th, 2016 02:34:54 PM Kenneth Hilario
Thousands of Atlantic City casino workers have reached an agreement with three of the five casinos it planned a strike against before the Fourth of July holiday weekend.Unite Here Local 54 members earlier this month voted to authorize a strike against five A.C. casinos that would begin July 1.The union's strike would have impacted Bally’s Atlantic City Hotel and Casino, Harrah’s Resort Atlantic City, Caesars Atlantic City Hotel and Casino and the Tropicana Casino. The union previously authorized…

Chester County gene therapy company cuts its workforce in half

Thursday June 30th, 2016 02:32:57 PM John George
Fibrocell Science Inc. said Thursday it has eliminated 24 positions — half its total workforce — and “actively” seeking a buyer for azficel-T, an experimental treatment for vocal cord scarring.The jobs being cut, according to documents filed with the Securities and Exchange Commission, are primarily in the areas of manufacturing and quality operations.The Exton, Pa., cell and gene therapy company earlier this month said it planned to shift its focus to other new drug candidates after…

Photos: Grand opening of 2nd Palladino restaurant in Valley Forge Casino

Thursday June 30th, 2016 01:51:42 PM Kenneth Hilario
Nearly 100 people on Tuesday came to Valley Forge Casino Resort to sample food, cocktails and wine from the casino resort's latest non-gaming, dining destination.The casino in May debuted Fianco, a pop-up restaurant by Chef Luke Palladino, where he already has LP Steak. Valley Forge Casino on Tuesday held a grand opening attended by about 75 guests that included local business leaders, neighborhood business leaders, people in the food industry and more. (See photo gallery.)Pa. Senate ups state…

Pa. Senate ups state budget to $31.6B, sends plan back to House

Thursday June 30th, 2016 12:39:12 PM Alison Burdo
The Pennsylvania Senate approved the state's proposed budget – with a few adjustments, sending the plan back to the House for approval a day before the fiscal year begins.Unlike last year when lawmakers butted heads over the budget for months – leaving tons of state-funded programs, nonprofits and more in a state of limbo, the House and Senate were able to come to an agreement on the 2016-2017 budget more quickly.The House Appropriations Committee moved the $31.5 billion budget proposal forward…


Comments are closed.

Share