From the Philadelphia Business Journal

Elon Musk unveils much-anticipated Tesla semi truck — and a surprise new supercar
Friday November 17th, 2017 09:14:46 PM Luke Stangel
For months, Tesla CEO Elon Musk had been giddily anticipating his next public reveal. Days before, he promised the event would “blow your mind clear out of your skull and into an alternate dimension.” On Thursday, he delivered.In a late-night event at the company’s design studio in Hawthorne, Calif., Musk unveiled not one, but two new vehicles: an all-electric semi truck with a 500-mile range and a $200,000 luxury roadster that can travel 0-60 in 1.9 seconds, rivaling the world’s fastest…
Snap Kitchen closes 2 Philadelphia stores to consolidate. How online ordering played a part.
Friday November 17th, 2017 06:27:01 PM Kenneth Hilario
The company did not offer delivery when it first launched in the Philadelphia market. How's that changed the business model?
eLocal obtains $25 million in growth capital
Friday November 17th, 2017 06:00:03 PM Michelle Caffrey
The performance-driven advertising platform kept the deal local.
Here's what Tower Health paid for Pottstown Memorial
Friday November 17th, 2017 05:45:03 PM John George
The Reading Health paid a total of $418 million of five Philadelphia-area hospitals and other local assets.
Vanguard shareholders reject plea to divest from Chinese firms linked to Sudan
Friday November 17th, 2017 05:06:47 PM Jeff Blumenthal
The mutual fund giant also elected three new members to its board of directors, including incoming CEO Tim Buckley.
Manatawny Still Works to open bottle shop in Suburban Station
Friday November 17th, 2017 04:57:56 PM Kenneth Hilario
A Montgomery County's Manatawny Still Works continues to expand in Philadelphia.Pottstown-based Manatawny Still Works, which was founded in 2012 and began making a variety of spirits in 2014, first expanded into Philadelphia earlier this year when it opened a 600-square-feet tasting room on East Passyunk Avenue.The company's next move in Philadelphia — and third location overall — will be a bottle shop in the street-level lobby of Suburban Station. It will open on Nov. 20. Hours are Monday…
FRIDAY FEATURE: Most heavily traveled roads in Greater Philadelphia
Friday November 17th, 2017 04:25:19 PM
The traffic reporters on Philadelphia television and radio probably get a little of tired of saying the same road names over and over again. But if you listen, the common chokepoints appear again and again in commuter alert broadcasts.We were curious and decided to ask the question: What are the most heavily traveled roads in our region?So we turned to the people who study such things: The Delaware Valley Regional Planning Commission. We asked the DVRPC if they could prepare us a list of…
Entercom completes $2.4 billion CBS Radio deal
Friday November 17th, 2017 03:07:50 PM Jeff Blumenthal
The second-largest radio company in the country is now based in the Philadelphia region.
Wells Fargo fires division head because of behavior it says violated company guidelines
Friday November 17th, 2017 01:23:48 PM Jeff Blumenthal
Wells Fargo & Co. said that it has fired the head of its consumer loan division over behavior that it says violated company guidelines.Codel, 52, was dismissed from the company, effective immediately. In a statement, San Francisco-based Wells Fargo (NYSE: WFC), Philadelphia’s largest bank by deposits, said the dismissal was “the result of Codel’s acting in a manner that was contrary to the company’s policies and expectations of its senior leaders during a communication he had with a former…
Philadelphia City Council adds sharper teeth to minority contracting rules
Friday November 17th, 2017 12:59:03 PM Tom MacDonald
Philadelphia City Council has approved a bill to enforce minority contracting rules more vigorously.Under the bill, when a contractor does not meet aspirational goals for minority participation, City Council would have responsibility for enforcement, said Councilman David Oh.“It will send a message that we have a new sheriff in town, and so hopefully, we will encourage voluntary compliance,” said Oh. “We will be a better city for it.”WHYY has the full story here.





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