From the Philadelphia Business Journal

Arena Football League betting on Atlantic City
Tuesday January 22nd, 2019 09:48:36 PM John George
The Arena Football League is expanding to Atlantic City. The new team will be operated by Trifecta Sports and Entertainment, which also operates the AFL's Philadelphia Soul and Albany Empire. The AFL has struggled in recent years and shrunk to four teams last season, its lowest number since its first year in 1987. Likewise, Atlantic City has been working in recent years to regain its economic footing – taking steps to diversify its economy and add more pillars, besides gaming, to the infrastructure…
Security department restructuring results in 103 layoffs at Capital Health
Tuesday January 22nd, 2019 08:51:48 PM John George
The New Jersey health system its bringing in an outside security provider.
Frontier Airlines to establish crew base at PHL Airport
Tuesday January 22nd, 2019 06:21:58 PM Kenneth Hilario
Denver-based low-cost carrier Frontier Airlines will establish a crew base in Philadelphia, the first time the airline's done so.
Target stores will soon accept Apple Pay, Google Pay, Samsung Pay & contactless cards
Tuesday January 22nd, 2019 06:05:10 PM Alex Van Abbema
Target Corp. customers will soon be able to pay for store purchases using their smartphones or new types of credit cards that can complete a purchase with a tap. Minneapolis-based Target (NYSE: TGT) said Monday it will soon also incorporate Apple Pay (as well as similar services from Google Inc. and Samsung) and contactless cards from Mastercard, Visa, American Express and Discover into its store checkout lines. The Apple Pay service lets customers make purchases by touching an iPhone (version…
M&A slump expected as Trump's trade wars, stock volatility continue
Tuesday January 22nd, 2019 05:41:00 PM Jeff Jeffrey and Craig M. Douglas
The U.S. economy's merger and acquisition market entered 2018 with a bang and exited on a whimper, a trajectory experts say is unlikely to change in the months ahead. U.S. companies were targeted in roughly $1 trillion in mergers and acquisitions last year on the back of a resurgent technology sector, particularly among the likes of Amazon.com (Nasdaq: AMZN) and entertainment giants Netflix Inc. (Nasdaq: NFLX) and Comcast Corp. (Nasdaq: CMCSA). Comcast's largest purchase of 2018 was its $40 billion…
Humana and Trinity reach Medicare network deal for Philadelphia region
Tuesday January 22nd, 2019 04:49:48 PM John George
Humana has reached an agreement with Trinity Health that gives the managed care company’s Medicare Advantage members in-network access to seven Trinity hospitals located in southeastern Pennsylvania and South Jersey. Eric Bohannon, Humana’s regional president, said this expansion is part of the company’s ongoing effort to provide additional care options for senior adults in its local Medicare Advantage HMO, PPO and private fee-for-service plans. “Increasing access to care is essential…
Johnson & Johnson revenue spikes
Tuesday January 22nd, 2019 04:37:19 PM Anthony Noto
Johnson & Johnson generated a large fourth-quarter profit thanks to a spike in prescription drug sales. The New Brunswick, N.J.-based maker of health care products (NYSE: JNJ) reported net income of $3.04 billion, or $1.12 per share, for the fourth quarter.Worldwide sales in 2018 were $81.6 billion. That's a 6.7 percent increase from 2017, with adjusted diluted earnings per share of $8.18.Other top takeaways from the newly released annual earnings report include:Total consumer sales were…
$37M complex ready for debut: Look inside the 76ers Fieldhouse
Tuesday January 22nd, 2019 04:09:07 PM John George
The 76ers Fieldhouse in Delaware will make its official public introduction Wednesday night when the Wilmington Blue Coats host their first game at the arena.The Blue Coats, formerly known as the 87ers, are the Sixers' G-League affiliate.The 161,000-square-foot complex is five-stories tall and houses three NBA-regulation basketball courts; two full-sized, turf, indoor soccer fields, and a sports performance and athletic training area. Corporate tenants include Nemours Physical Therapy and Titus…
Phillies, Aramark to replace McFadden's with outdoor beer garden, Shake Shack & more
Tuesday January 22nd, 2019 03:42:38 PM John George
The Phillies and Aramark announced plans Tuesday to transform 24,500 square feet of space next to the 3rd base plaza at Citizens Bank park into a variety of new food and beverage options including an outdoor beer garden and bar.The renovated section will be called the Pass and Stow and include a family-friendly sports pub and 44 television screens, plus a Foundry Pizza and a backyard-style beer garden. Adjacent to the Pass and Stow will be a 120-seat Shake Shack.The area fans currently know as…
5 things to know & pictures of a legendary Philadelphian's big house
Tuesday January 22nd, 2019 01:08:26 PM Dell Poncet
"Good morning," he said through steaming breath.Winter is finally here. it's so cold out there some people might be tempted to have a taste of booze to warm up. (They say that doesn't work.) With that in mind … here is a rundown of the hardest drinking states.Wine sales and a list of how much of what alcoholic beverages each state consumers. What more could you ask for on a bitterly cold day? Here is a ranking of the hardest drinking states. Look and see where they all fit in.With almost…





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