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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Business

Crozer-Chester Medical Center in Upland.
Health

Prospect has a potential buyer for Crozer Health — but it’s asking Pa. for up to $500 million to close the deal

Gov. Josh Shapiro’s office said it “will not entertain any requests for a taxpayer bailout of a for-profit company.”

1 year ago

Listen 1:01
Republican presidential candidate former President Donald Trump speaks during a presidential debate with President Joe Biden, Thursday, June 27, 2024, in Atlanta.
Politics & Policy

Does Trump want to eliminate affirmative action for minority businesses? Here’s what we know

After hours of speeches at the Republican National Convention and pages of policy documents — there’s no mention of affirmative action policy changes by Republicans.

1 year ago

Listen :58
A closeup of the sketchbook
Education

After sudden closure, Philly’s UArts shares few details in first court appearance, and laid-off employees have yet to be paid

A lawyer representing the shuttered university told the judge she didn’t have details to share, including how much money UArts has or when it can settle a final payroll.

1 year ago

Five Below on Chestnut Street in Philadelphia.
Community

Five Below’s CEO and president steps down amid weak sales

The Philly-based company also cut its financial outlook for the current quarter. Five Below has been wrestling with slower spending and increasing theft.

1 year ago

Trump t shirt and necklace
Politics & Policy

A Trump-owned company sells $299 sneakers with an image of his bloodied face after rally shooting

The white high tops are being sold as “FIGHT FIGHT FIGHT High-Tops” for $299 on a website that sells Trump-branded shoes that is run by CIC Ventures LLC.

1 year ago

Bryan Szeliga at his shop
Community

Fishtown Seafood honors neighborhood identity while forging its own path

The seafood industry has been criticized for ethical violations. Fishtown Seafood wants to educate customers about where their seafood comes from.

1 year ago

Listen 2:45
David Rohrer of The Farm tends to marijuana plants. The company is eligible for a conversion license. 
 (Courtesy of Bill Rohrer)
Politics & Policy

Delaware moves to kick-start retail weed industry and give $6.2M to social equity licensees

State officials say letting medical providers begin growing marijuana this fall will let the retail industry open in April. Others say it gives them an unfair boost.

1 year ago

Listen 1:58
John Dougherty walks to the federal courthouse in Philadelphia, Wednesday, Oct. 27, 2021
Courts & Law

Johnny Doc, former Philly labor leader, gets 6 years for bribery and theft

“Dougherty’s crimes have inflicted immeasurable harm upon Local 98 and the City of Philadelphia," federal prosecutors wrote in a sentencing memo.

1 year ago

Soccer jerseys
Community
Billy Penn

Icarus Football’s custom kits take center stage this weekend

The Kensington-based kit designer has created designs for all 80 teams at the upcoming Icarus Cup.

1 year ago

Travelers walk to their gates at the Philadelphia International Airport
Money

Why Philly airport businesses adopted a new 3% surcharge

Retailers in the airport can already charge prices up to 15% higher than average for the same products. Now there’s a new fee on top of that.

1 year ago

Listen :58
David McCormick speaks during a campaign stop in Pennsylvania.
Politics & Policy

David McCormick claims he created ‘hundreds of jobs’ in Pennsylvania. Records suggest otherwise

The Republican nominee for Pa.’s U.S. Senate seat has touted his business leadership. Corporate filings show his job creation claims are inflated.

1 year ago

Listen 1:09
City Council hearing
Politics & Policy

City workers union files a lawsuit to stop Mayor Parker’s return-to-office mandate

AFSCME filed a lawsuit against the city of Philadelphia to halt the return-to-office policy that would require employees in the office five days a week.

1 year ago

Listen 1:12
Construction workers work in the heat on Kensington Avenue
Weather

Biden administration proposes rule for workplaces to address excessive heat

Despite increased awareness of the risks posed to human health by high temperatures, extreme heat protections have lagged.

1 year ago

Cooper Hospital
Health

Cooper Health officially acquires South Jersey health system, renames Cape Regional flagship hospital

The deal between the two South Jersey health systems follows a spate of recent hospital mergers and acquisitions in the region.

1 year ago

Listen :58
Charly Bass at an in-construction property
Urban Planning

Delaware developers are rehabbing vacant homes for the middle class

The statewide program subsidizes developers rebuilding houses in neighborhoods where the rehab costs are higher than what the home is worth.

1 year ago

Listen 3:52
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