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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.

U.S. Steel’s once-mighty Fairless Works gets epic makeover to become e-commerce warehouses

Kansas City, Mo.-based Northfield Development has plans to invest $1.5 billion to develop 15 million square feet on U.S. Steel's former Fairless Works in Falls Township, Bucks County.

U.S. Steel’s once-mighty Fairless Works gets epic makeover to become e-commerce warehouses

Kansas City, Mo.-based Northfield Development has plans to invest $1.5 billion to develop 15 million square feet on U.S. Steel's former Fairless Works in Falls Township, Bucks County.

Unemployment drops to 6.9% and U.S. adds a solid 638,000 jobs

U.S. employers added 638,000 jobs in October, a solid pace though far fewer than needed to regain most of the jobs lost to the pandemic recession just as new viral cases are setting record highs.

Unemployment drops to 6.9% and U.S. adds a solid 638,000 jobs

U.S. employers added 638,000 jobs in October, a solid pace though far fewer than needed to regain most of the jobs lost to the pandemic recession just as new viral cases are setting record highs.

The USPS is putting all resources toward delivering ballots. But the rest of the mail is piling up.

“This is the cradle of democracy and we are going to make sure everyone’s vote gets counted,” said Joe Rodgers, president of Philly’s letter carrier union.

The USPS is putting all resources toward delivering ballots. But the rest of the mail is piling up.

“This is the cradle of democracy and we are going to make sure everyone’s vote gets counted,” said Joe Rodgers, president of Philly’s letter carrier union.
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Philly region’s small-biz owners plead for $225 million in Pa. state grant money

Small businesses are under assault and are oversubscribing a big state program that provides some help.

Silicon Valley-based data firm aims to usher more underrepresented groups into tech

To bring more diversity to the tech sector, data and analytics company ThoughtSpot has scheduled online courses to introduce students from underrepresented communities to careers crunching data.

India’s engineers have thrived in Silicon Valley. So has its caste system.

Thirty female Indian engineers who are members of the Dalit caste and work for Google, Apple, Microsoft, Cisco and other tech companies say they have faced caste bias inside the U.S. tech sector.

U.S. unemployment claims fell to 751,000 last week, but the coronavirus resurgence could lead to more job losses

Applications fell in 30 states, including big drops in California, Florida and Texas. Claims rose in Arizona, Illinois, and Michigan.

Holiday spending expected to decrease during the pandemic, survey shows

The average household is projected to spend $1,387 in 2020, a 7% decrease over last year.

Center City Philadelphia’s jobs rebound, but still lag in the wake of the pandemic

“The next few months will be very challenging,” said Paul Levy, founding executive director of the Center City District.

U.S. warehouse jobs top pre-COVID levels as online sales boom

"People are migrating toward industries that are experiencing shortages," such as warehousing, from the hospitality or restaurant sectors, said Michael Englund, chief economist of Action Economics.

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

Japan, world’s third-largest economy, vows to be carbon neutral by 2050

"It's pretty powerful," said one expert. "He was emphasizing a fundamental shift, and that indicates how strongly he feels about the change."

Bond defaults deliver 99% losses in new era of U.S. bankruptcies

While few could have foreseen the pandemic's toll on the economy, the depth of investors' pain from corporate distress was all too predictable.

Tech nonprofit launches multiyear career pipeline effort that aims to be a first for Philly

This career pipeline “is a long-term initiative, and it will happen over the course of many years,” said CEO Sylvester Mobley of Coded by Kids. “It’s something that hasn’t been done in Philly so far.”

Odds favor a double-dip recession, Moodys' Mark Zandi says. Which presidential candidate has the best plan?

Odds are high that the economy will be back in recession – in the so-called double-dip downturn when the next president is inaugurated, Moody's Mark Zandi said.

Ovens, dishwashers and washing machines are failing as never before. But there’s nobody to fix them.

Appliance repair technicians are seeing explosive demand for their services as families adjust to living at home 24/7, sometimes with adult children, elderly parents or in-laws.

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