In making its largest acquisition in over a decade, Lincoln is relying on a total of $100 milllion in expense cuts to make the deal profitable
Though the township granted a zoning variance, the state has not granted a permit to any company to operate a facility in Lower Merion.
Furniture retailer CB2, considered the younger, hipper version of Crate & Barrel, debuts at 1422-24 Walnut Street in Center City on Feb. 2. Thos. Moser will be two blocks away, at 1601 Walnut Street.
Clients include Caribbean tourism operator Sandals Resorts and its Beaches Resorts group, internet-of-things provider Pwnie Express, shoe retailer KicksUSA, and bill-payment automation provider AvidXchange, among others.
When Amazon announced last year that it wanted to spend more than $5 billion to build a second headquarters with as many as 50,000 employees, it sparked a flurry of studies as to which metro areas had a chance to win the business that would transform most economies.
Woods Services, of Langhorne, was sued in Bucks County Common Pleas Court over a December 2016 assault by a former employee. The victim, who has autism and other disabilities, suffered a broken nose and is having a hard time recovering psychologically.
Here's a ranking of the Philly area's fastest growing companies.
Phoenix developer Ensemble Investments is proposing a 308-unit apartment tower with a half-acre public plaza.
A Seattle judge said Olympus Corp. failed to properly disclose internal emails that raised safety concerns about a redesigned medical scope as early as 2008, several years before the device was publicly tied to deadly superbug outbreaks from Washington state to Pennsylvania.
Philadelphia's street safety initiative could soon put more police on the street as a check on unsafe driving.
The Limited chain relaunched as an online-only brand last fall. Retail experts predict more retailers will be following The Limited's lead to save costs and as the value of the store as a giant billboard fades as more people shop online.
The cost in human suffering as well as the millions of tax dollars Philadelphia has spent fighting the opioid epidemic are just a few of the compelling reasons the city this week rightly joined the growing list of communities suing drug manufacturers for their role in this crisis.
Teva Pharmaceuticals, which has its North American headquarters in North Wales, will lay off 208 people this year at Philadelphia-area operations.