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Nasdaq picks Philly’s Navy Yard as backup location if coronavirus empties Wall Street

Nasdaq has stepped up training in recent days to add dozens of personnel at its League Island Boulevard center if needed.
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Nasdaq picks Philly’s Navy Yard as backup location if coronavirus empties Wall Street

Nasdaq has stepped up training in recent days to add dozens of personnel at its League Island Boulevard center if needed.

Amicus opens UCity R&D tower, calls Philly the ‘Cradle of Cures’

A Princeton-area biotech company has moved its R&D to Philadelphia, where it will employ 200, because, its founder says, this is where the genetic scientists are. Plus, Boston is full

Amicus opens UCity R&D tower, calls Philly the ‘Cradle of Cures’

A Princeton-area biotech company has moved its R&D to Philadelphia, where it will employ 200, because, its founder says, this is where the genetic scientists are. Plus, Boston is full

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With global cash, GoPuff grows past pot-friendly past; neighbors complain

“We live here in a sea of their cigarette butts,” said a resident
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With global cash, GoPuff grows past pot-friendly past; neighbors complain

“We live here in a sea of their cigarette butts,” said a resident
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SXSW coronavirus cancellation upends Philly tech promo plans

Philadelphia figured in the calculus — in a negative way. “Austin, don’t be Philadelphia 1918,” pleaded a Texas securities trader, referring to the Spanish flu outbreak that spread rapidly after city officials failed to cancel a massive parade.

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Bentley Systems weighs IPO; Sekisui resists; DBOT shifts; AdaptHealth buys more

Shares of Japan's Sekisui House fell after management said it would fight insurgents who are critical of the homebuilder's past fraud losses.

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New Hope-based dating site MeetMe gets hooked up with German firm for $500M

Dating site goes out at its highest-ever price. But the day before the deal, some bet it would fetch more

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Inovio stock spikes on COVID-19 coronavirus vaccine speedup

Shares of Inovio Pharmaceuticals Inc. hit a four-year high Wednesday.

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Why is a Philadelphia credit union, founded for public employees, short $12M from a loan to a shuttered Bucks County hotel?

Big credit unions are acting more like banks. A hotel deal that turned to bankruptcy amid unpaid tax, utility, maintenance, and wage claims raises the question: Are they ready?

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Amazon moves into the void left by GM. But it’s no replacement.

The wages are down by half and the taxes by more as the company’s biggest “fulfillment center” will replace a union plant.

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Gene therapy heats Passage Bio IPO; new Hatch Fund; rivals join BrokerTech; FS spins AIX; PCI buys, may sell

Passage Bio goes over target to raise $216 million; PA Bio's $25M Hatch Fund; Graham, rival Conner Strong join BrokerTech; FS spins off AIX; PCI buys Bellwyck

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Despite protests, Delaware to give Amazon $4.5 million for its largest-ever warehouse

Triple the size of Amazon’s average center, it will employ fewer people on the site of a demolished General Motors plant near Wilmington.

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This isn’t a ‘biotech bubble,’ it’s ‘Philadelphia’s moment’ to become a center for gene therapy, says Penn-based CEO

Philadelphia is where the future economy around gene therapy is coming together, establishing the area as an international nexus for new treatments. "Philadelphia is not going to lose this one," says one CEO.

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This Philly lawyer is building three new venture capital funds to invest millions in start-ups

Philly lawyer Ajay Raju is partnering in three new venture capital groups he says will focus on new companies around Philadelphia.

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Amazon seeks aid from Delaware as plans progress for giant warehouse at former GM plant near Wilmington

A developer has applied to build a 5?-story, 3.83 million-square-foot “LogistiCenter” on a 142-acre site of a former GM auto assembly plant on Boxwood Road west of Wilmington.

DuPont CEO and CFO are sent packing while Edward Breen takes the top job again

The former Tyco chief has been selling DuPont in pieces. Insiders predict no big change.

U.K.’s Craftory pumps $10 million into this Philly eco-pod soap supplier

Jonathan Propper, a pioneer of the soap-pod industry, has convinced a British green-investment company to back his eco-friendly business.

Consumer
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