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U.S. employers added a better-than-expected 151,000 jobs in October, the first monthly increase since May, but the gain was less than the 200,000 needed to start returning the 15 million unemployed Americans to work.
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After more than two years of deciding where to locate a major distribution center and exploring other sites, Teva Pharmaceuticals USA will construct a massive $300 million distribution center off Red Lion Road in Northeast Philadelphia.
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New Jersey lawmakers on Monday unveiled a package of legislation to allow in-state Internet betting through Atlantic City’s casinos, legalize sports betting if a federal ban is lifted and pump new money into the horse racing industry.
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Philadelphia’s first Walmart store plans a renovation and expansion in coming months. Work at the South Columbus Boulevard store, which opened in 1995 in South Philadelphia, will start late this year.
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The leaves are falling, and so are revenues at Atlantic City’s casinos. September saw an 11.6 percent overall decline compared to the same month a year ago.
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More than 550 local business leaders attended the 22nd annual Philadelphia 100 awards ceremony Wednesday night to honor the region’s fastest-growing privately held companies.
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In 2009, minority, women and disabled-owned businesses were collectively awarded over $184 million of the $961 million in for-profit City, Quasi-Government and federally funded contracts awarded through the 3rd quarter of fiscal year 2010. Take a look at the entire report here to find out where some of your federal funds are going…
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Exchange information, ideas, challenges and solutions while building business relationships that work at this event.
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Krispy Kreme, which said in April it would return to the Philadelphia market, plans its first store for Northeast Philadelphia.
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Private sector jobs were added in 35 major markets between August 2009 and 2010, but the Philadelphia metropolitan area was not among them.
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The Minority Business Awards honor professionals of color for the leadership example they are setting in business and the community. In addition, we highlight five professionals, some of whom are people of color and some who are not, who use their influence to promote the growth of minority-owned businesses in the Philadelphia region.
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Growth in Philadelphia’s manufacturing sector has stalled for the last two months: Regional companies reported a drop in new orders and shipments, according to the Philadelphia Federal Reserve’s monthly Business Outlook Survey.
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Pennsylvania’s unemployment rate dropped from 9.3 percent to 9.2 percent in August, the state Department of Labor and Industry said Thursday.
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Philadelphia’s utilization of minority, women and disabled business enterprises in city contracts dropped from 22.8 percent in fiscal year 2006 to 17.6 percent in fiscal 2009, an annual study released Wednesday shows.
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New Jersey’s unemployment rate fell 0.1 percentage point to 9.6 percent in August, with a total of 500 nonfarm jobs added over the month, according to preliminary estimates released by the state Department of Labor and Workforce Development Wednesday.
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