Reuters
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Montco Watches Closely as PJM Moves to Rein In Data Center Power Demand
Montgomery County residents worried about large-scale data centers proposed for Conshohocken and Limerick may soon see new safeguards aimed at…
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Hanwha Confirms Philly Shipyard’s Nuclear Submarine Capability for U.S. Navy
Hanwha Group’s global chief strategy officer Alex Wong recently said the company’s Philly Shipyard is capable of building a nuclear-powered…
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IKEA Plans Major Pivots to New Production as Tariffs Bite
IKEA is preparing for a significant shift in how it supplies American stores, reports Reuters. The Swedish company, with its…
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Merck Doubles Down on Domestic Manufacturing with $70 Billion Investment
Pharmaceutical giant Merck is boosting its U.S. investments to more than $70 billion, according to Reuters. The move underscores its…
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Merck’s Oral Cholesterol Therapy Offers Easier Alternative to Injections
Merck, the pharmaceutical giant with multiple locations across Montco, is reporting success with a new oral cholesterol drug, according to…
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Lansdowne Ave. Rite Aid in Drexel Hill Latest Store to Close in Bankruptcy
You can add one more Delaware County Rite Aid store to the list of closings amid the retail pharmacy’s bankruptcy,…
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Federal Reserve Bank of Philadelphia Announces Next President
The Federal Reserve Bank of Philadelphia has been in search of its next president and recently announced the appointment of…
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IKEA Sticking to Planned Price Cuts Despite Shipping Disruptions
IKEA says that there will still be price cuts, despite shipping disruptions in the Red Sea increasing costs, writes Divya…
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Navigating the Future: Economic Forecasts for 2024 with Expert Insights
As we embark on 2024, the U.S. economy is at a pivotal juncture, influenced by a dynamic mix of global…
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Conshohocken Analyst Approves of Debt Ceiling Bill, Warns About Need for Further Inflation Decline
With the bill to lift the $31.4 trillion debt limit making its way up the chain to President Joe Biden’s…
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Here’s How Blue Bell-based QualTek Plans to Cut Millions in Debt
Blue Bell-based QualTek filed for bankruptcy last week and is hoping to implement a restructuring deal that would reduce its…
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IKEA, Seeing Opportunity in Big-Box Closures and Value-Hunting Consumers, Plans $2.2B U.S. Expansion
Corporate leaders at IKEA, seeing opportunity in retailers’ recent market exits and a surge in value-hunting consumers, will spend $2.2…
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Bryn Mawr Professor Coauthors Book Addressing Timeless Question: Does Money Buy Happiness?
The relationship between finances and satisfaction has been contentious for centuries. A new book, The Good Life, sheds light on…
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Donna Urian, Board Chair, YMCA of Greater Brandywine and Shareholder at Fischer Cunnane & Associates
Donna Urian, Board Chair of the YMCA of Greater Brandywine and Shareholder at Fischer Cunnane & Associates Ltd, spoke to…
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Montgomery County Leadership: Michael Louis, Partner, MacElree Harvey
Michael Louis, a partner at MacElree Harvey, spoke to MONTCO.Today about his childhood in Wilmington as the third oldest of…
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Retail Sales in Montgomery County Increase as Expensive Gasoline, Food Forces Households to Cut Back Spending
Retail sales nationwide and in Montgomery County increased moderately in February as high gasoline and food prices forced households to…
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King of Prussia’s Nordstrom Shares Soar as Customers Return to Rack Stores
Nordstrom Inc. shares have soared to more than 32% due to a faster-than-expected recovery at the company’s off-price Rack outlets…
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Conshohocken’s IKEA Decreases Climate Footprint; Aims to Be Climate Positive Worldwide by 2030
IKEA recently announced this week that it was on track to become climate positive by 2030 since its annual carbon…
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