Column

Navy Yard returns to its roots while some Philly start-ups depart for the suburbs

Rob Frantz moved his growing firm, Kinetic Ceramics, from California to Philly's Navy Yard business center four years ago, seeking "innovation energy" with other young firms. Now he's opted to leave.

Philly’s cash-rich GoPuff buys West Coast’s BevMo delivery service for $350 million

The seven-year-old Philly-based start-up will now operate coast to coast.

Philly’s cash-rich GoPuff buys West Coast’s BevMo delivery service for $350 million

The seven-year-old Philly-based start-up will now operate coast to coast.

Wall Street bets on Biden win, GOP majority Senate, divided government, and smaller stimulus

A Biden win and a GOP-controlled Senate means gridlock, and Wall Street likes that outcome.

Wall Street bets on Biden win, GOP majority Senate, divided government, and smaller stimulus

A Biden win and a GOP-controlled Senate means gridlock, and Wall Street likes that outcome.

GoPuff leaves busy Philly site where neighbors railed about its traffic

The move comes as goPuff has continued to expand nationally and become one of the most richly valued companies in Philadelphia.

GoPuff leaves busy Philly site where neighbors railed about its traffic

The move comes as goPuff has continued to expand nationally and become one of the most richly valued companies in Philadelphia.
More Stories

Par receiver files to seize Philly properties, release some Vagnozzi funds; defense blames losses on government

Did a court-appointed receiver prevent a financial disaster — or start one — when it took over Philadelphia-based Par Funding? Updates from the fight over its assets, including hundreds of Center City

After founder’s murder and $47M pact with the feds, widow seeks to license offshore sports-betting giant in N.J.

5Dimes founder “Tony” Creighton was killed by kidnappers. His widow, Laura Varela, made peace with investigators and wants to bring the business to the U.S., legally this time.

Column

Software update: Exton-based AGI sold for $700M, Pa. probes Unisys outage, SAP shares down

Software roundup: Simulations software merger joins Pittsburgh and Philly developers. Pennsylvania weighs losses from Unisys outage while SAP stock drops

Column

Frenzied shoppers followed Bimbo trucks to buy bread early in the pandemic. Sales are still up as COVID-19 grinds on.

Horsham-based Bimbo Bakeries USA is seeing growth for its brands, which include Arnold, Entenmann's, Lender's, Sara Lee, Stroehmann, and Thomas' English muffins.

Column

U.S. still trails pre-COVID peak in jobs and economic activity, and the new president may not matter

From Wall Street and Broad Street, stock watchers say the U.S. economy has come most of the way back from March, but it won't reach pre-COVID employment levels until there's a vaccine.

Column

A cellulite-fighting drug is a big part of Malvern-based Endo’s plan to buy BioSpecifics for $658 million

Endo is paying a record price for BioSpecifics, a longtime supplier. And Endo shares rose on word of the deal.

A veteran Philly investor, down to his clients’ last $10 billion, is closing his firm

“Our record for the past five years sucks,” Theodore Aronson added in an interview. His departure signals how investing has changed.

Column

Billionaire apologizes: Read Leon Black of Apollo Global’s letter to state pension officials on the millions he paid sex offender Jeffrey Epstein

After news broke that billionaire investor Leon Black had paid convicted sex offender Jeffrey Epstein at least $50 million, Black apologized to clients including public pension plans in Pennsylvania.

Jefferson to eliminate 500 positions and trim top executives’ pay as losses mount from COVID-19

Jefferson, Philadelphia's second largest employer, is leaving 500 to 600 positions unfilled after a year of big losses.

Union bring Philadelphia sports fans back to the stands for first time since the spring

The Philadelphia Union allowed one-sixth of its capacity crowd into Subaru Park in the first attended home game this year, seven months after coronavirus restrictions hit

Column

Philly-based GoPuff, the Wawa on wheels, raises $380 million more, says it’s worth nearly $4 billion

GoPuff, the Philly-based delivery service, raises another fortune, this time from Silicon Valley, making it a rare “unicorn" among Philadelphia-area start-ups.

From nail salon operator to near billionaire: How owner of Par Funding, subject of a sweeping fraud case, amassed a fortune

She owns dozens of properties worth $59 million. Mostly, she reported owning a raft of businesses — most notably Par Funding, worth $250 million.

Pa. voter website crash raises questions about state’s $100 million contract with Unisys to host critical data in Virginia

Officials won’t say why it crashed. Much of the state’s data — voter registrations, tax payments, and orders from the state liquor monopoly — are held in a building in Loudon County, Va.

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