Montgomery County
-
Aramark to spend more than $2B on new acquisitions
Aramark Corp., in a deviation from its history of relatively small acquisitions in recent decades, said Monday that it will spend $2.35 billion to buy two separate companies, one that manages $5 billion in purchasing for major hotel chains and a second that will expand Aramark’s uniform-rental and linen-supply business in the United States and…
-
VFTCB food drive exceeds goal
The Valley Forge Tourism & Convention Board’s (VFTCB) third annual Valley Forge Freedom from Hunger Food Drive, which took place during the last two weeks of September, collected over 4,800 pounds of food donations and exceeded the Board’s goal by more than 300 pounds of food. The VFTCB has increased its goal for donations every…
-
Ron Jaworski to be keynote speaker for VFTCB luncheon
The Valley Forge Tourism & Convention Board (VFTCB) is excited to announce Ron Jaworski as the keynote speaker at their Annual Luncheon, according to a press release. “We are ecstatic to have legendary ESPN personality and former Eagles quarterback, Ron Jaworski, as the keynote speaker at our Annual Luncheon,” said Mike Bowman, VFTCB President &…
-
What are you doing this weekend?
FEATURED EVENT – TASTE! Philadelphia Festival of Food, Wine & Spirits October 13 – 15 Valley Forge Casino Resort Three days of fine food and drink are coming to the Valley Forge Casino Resort this October. Taste! Philadelphia Festival of Food, Wine & Spirits features chef demos, wine and spirits tastings, and appearances from special…
-
Wells Fargo ATMs going cardless
Wells Fargo said Tuesday that it has added hardware to 40 percent of its ATMs with “tap and pay” technology that relies on customers using smartphones, mobile wallet and their PIN, writes Mark Calvey for the San Francisco Business Times. The San Francisco-based bank plans to upgrade all 13,000 of its ATMs with the near-field…
-
AG Josh Shapiro files suit against student loan company
Pennsylvania State Attorney General Josh Shapiro has filed a lawsuit against the student loan company Navient — both Navient Corporation and Navient Solutions, LLC, writes Stephanie Panny for the Daily Collegian. The company also has three other pending lawsuits against it from Attorneys General in Illinois, Washington and the Consumer Protection Financial Bureau — just…
-
Malvern Federal Charitable Foundation Awards Grants to Local Nonprofits
The Malvern Federal Charitable Foundation – the purpose of which is to promote charitable and educational activities within the markets that Malvern Federal Savings Bank serves – has awarded 10 grants to charitable, nonprofit organizations totaling $75,000. The recipients are: Chester County Fund for Women and Girls ensures, through philanthropy and advocacy, that women and…
-
Amazon Woot in West Norriton could become reality
An air pollution permit is all that stands between West Norriton and Woot. For the uninitiated, Woot is the T-shirt manufacturer that comes up with crazy sayings through multiple graphic depictions. It started with that shopping website. Grew by shipping other companies’ stuff cheap, from all those upstate warehouses (now hiring, at $12 an hour, for the Christmas rush).…
-
Ross Stores bucking ‘Amazon trend’
The trend of shopping online for just about anything these days is undeniable. However, at least one retailer has a method to its madness that keeps people coming into its brick and mortar stores. While some stores are losing sales and shuttering locations, Ross continues building its portfolio, writes Melissa Wylie for bizwomen.com. Ross Dress…
-
Fraud case to cost Wilmington Trust $44M
Wilmington Trust Corp. agreed to pay $44 million to settle a federal criminal securities fraud case, accepting the terms shortly before the start of a jury trial in U.S. District Court in Wilmington, where the bank and four top executives were accused of concealing from the investing public and bank regulators problem loans that ultimately…
-
Gov. Wolf considers borrowing against PLCB to balance budget
Pennsylvania lawmakers are grappling with the implications of Gov. Tom Wolf’s unexpected decision to balance part of the state budget himself by borrowing against the liquor industry, writes Katie Meyer for whyy.org. House and Senate members are currently trying to figure out whether Wolf is legally able to do so. Meanwhile, the commonwealth’s short-term cash-flow issues…
-
Ikea exploring third-party sales
Your favorite furniture may soon be coming from a completely different company than the one you’re used to. Ikea, a world-wide leader in ecommerce, with its U.S. headquarters in Montgomery County, is considering a move to third-party sales. Ikea is stepping up its push online including a test to sell its flat-pack furniture on other…
-
Montco commissioner Ken Lawrence loves to run…anywhere
This running man, who makes it abundantly clear that he bleeds Temple red, posts his times on his Facebook page with regularity. Before you see Ken Lawrence running for office, you will spot him at the Norristown Farm Park, Schuylkill River Trail or a local 5K, writes Katie Kohler for The Times Herald. [uam_ad id=”54865″]…
-
Amazon may soon face fierce competitor
Just as it seems like Amazon has become the go-to online shopping mecca for just about everything, a new competitor is lurking. A King of Prussia e-commerce and fulfillment company announced Monday it’s being acquired by a Belgian company as it mounts a growing challenge to industry giants like Amazon, writes Michelle Caffrey for the…
-
Plymouth Meeting company completes $270M fundraising round
They’re raising a lot more than your average crops on this ‘pharm.’ A new drug designed to combat narcolepsy at the core of the acquisition. A Montgomery County biopharmaceutical company has raised $270 million, completing the largest equity financing in the local life sciences sector this year, while also acquiring U.S. rights to a narcolepsy…
-
Montco’s own: AG Josh Shapiro making waves
Former Montgomery County Commissioner Josh Shapiro is making more of a name for himself as Pennsylvania state Attorney General. At a June gathering in Colorado of intellectual and political elites, Josh Shapiro explained why he resisted entreaties to run for the U.S. Senate, waxed philosophically about interpretations of the Constitution, and took aim at President…
-
Your future employment could ride on Equifax breach
Most people work very hard to protect their reputation, and their credit scores. Now imagine yourself in a job interview and you think your killing it, but you never get that return interview. A data breach at the credit-reporting firm Equifax disclosed last month—a hack that affected an estimated 145.5 million Americans—cost the company’s CEO,…
-
Comcast Corp. launches ‘Instant TV’
With nerves rattled in the pay-TV industry over cord-cutting, Comcast Corp. launched this week in the Philadelphia area an $18-a-month Instant TV streaming service, a “skinny bundle” of broadcast-TV networks, PBS, and local government channels, writes Bob Fernandez for phillynews.com. The monthly cost to Comcast customers will be between $68 and slightly more than $100 for…
Founding Partners
Advertisement
Affiliate Partners
Community Partners
