Philadelphia Business Journal

  • Why a Bucks County biopharm firm's stock price dropped by 15 percent

    Apr 21, 2017 | 15:56 pm

    Why a Bucks County biopharm firm's stock price dropped by 15 percent Onconova Therapeutics’ stock price fell 15 percent Friday after the publicly traded Bucks County biopharmaceutical company, which is focused on developing cancer therapies, announced plans for a $5.2 million stock sale.The Newtown, Pa., company priced its offering of just under[…]

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  • Pennsylvania unemployment rate down to lowest in nine years

    Apr 21, 2017 | 13:37 pm

    Pennsylvania unemployment rate down to lowest in nine years Pennsylvania's unemployment rate in March fell to the lowest level in nine years.The seasonally adjusted jobless rate was 4.8 percent in March, a drop of two-tenths of a percentage point from February and six-tenths of a percentage point compared to[…]

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  • State revenue department launches tax amnesty program

    Apr 21, 2017 | 13:32 pm

    State revenue department launches tax amnesty program The Pennsylvania Department of Revenue on Friday announced that it has launched a limited time tax amnesty program. Through the program, eligible individuals and businesses can apply through June 19 to pay past-due state taxes and have all penalties and[…]

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  • BurgerFi to open Temple University location

    Apr 21, 2017 | 11:21 am

    BurgerFi to open Temple University location The "better burger" concept BurgerFi is continuing its Philadelphia expansion with the opening of its first on-campus college location through a franchise agreement with Aramark.BurgerFi, established in 2011, first launched in the Philadelphia market in February 2014 across the Pennsylvania[…]

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  • Philadelphia Theatre Company sets year-long intermission from production

    Apr 21, 2017 | 06:55 am

    Philadelphia Theatre Company sets year-long intermission from production The Philadelphia Theatre Company will not produce a 2017-2018 theater season.Instead, the company occupying the Suzanne Roberts Theatre on Broad Street intends to lie low for a year, while presenting performances and events by outside companies.PTC just hired a new[…]

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  • Wells Fargo to launch pilot with Facebook Messenger

    Apr 21, 2017 | 06:00 am

    Wells Fargo to launch pilot with Facebook Messenger Wells Fargo & Co. is launching a pilot to test an artificial intelligence-driven experience through Facebook Messenger.The San Francisco-based bank has hinted at incorporating financial services into third-party environments for a while now. Steve Ellis, head of Wells Fargo’s Innovation[…]

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  • Bucks restaurant tech company acquires another based in Georgia

    Apr 21, 2017 | 05:00 am

    Bucks restaurant tech company acquires another based in Georgia A Bucks County-based restaurant technology company has filed another one based in Atlanta.Doylestown-based Sicom Systems Inc., a provider of end-to-end solutions for quick-service and fast-casual restaurant, has acquired RTI, a Marietta, Ga.-based technology provider for QSR and fast-casual restaurants, Sicom[…]

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  • Opinion: Beverage industry overreacting to Philadelphia soda tax

    Apr 20, 2017 | 15:26 pm

    Opinion: Beverage industry overreacting to Philadelphia soda tax The reaction of the beverage industry to the Philadelphia soda tax continues to be self-centered, hysterical, and dubious.Before looking at their claims, let’s keep in mind something very important: every tax has some negative consequences for some businesses. And, yes,[…]

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  • Here's who will head up Villanova's new women's leadership institute

    Apr 20, 2017 | 13:29 pm

    Here's who will head up Villanova's new women's leadership institute Villanova University's new women's leadership institute will be headed up by the current leader of Rutgers University's Center for Women and Work.Villanova announced Thursday that Teresa Boyer, an alumna, will take on the new role of founding director for the[…]

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