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California-based Carrick Capital Partners, a growth-oriented investment firm focused on software and software-enabled businesses, recently closed on investment in Pittsburgh-based LegalSifter.
Lega...
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Philadelphia-based Carisma Therapeutics, a clinical stage biopharmaceutical company focused on immunotherapies, recently closed on its merger with Sesen Bio.
The combined company will operate under...
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Penn State University will receive $4.5 million from the U.S. Department of Energy’s (DOE) to fund research into turbine performance and efficiency, officials announced Monday.
The funding from ...
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The Philadelphia Department of Commerce recently announced that it awarded $750,000 to six organizations through the PHL: Most Diverse Tech Hub initiative.
The city uses the initiative to invest in...
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The state Senate Local Government Committee recently advanced legislation that gives Pennsylvania residents options regarding fuel availability.
Senate Bill 143, the Energy Choice legislation, woul...
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The U.S. Air Force recently awarded Boeing a $285 million contract for aircraft, sustainment, and support services.
As part of the contract, Boeing will begin production on the first 13 MH-139A G...
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A subsidiary of Ford Motor Company, Latitude AI, based in Pittsburgh, is developing a hands-free, eyes-off-the-road automated driving system, the company said Thursday.
Latitude adds to Ford’s t...
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State Sen. Gene Yaw (R-Bradford) recently announced his plan to establish an Independent Energy Office within Pennsylvania.
The office would be modeled after Pennsylvania’s Independent Fiscal Off...
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Nearly all nursing facilities in Pennsylvania have open direct care positions, according to a recent Pennsylvania Health Care Association (PHCA) report.
The report is based on results from a survey...
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Malvern, Penn.-based Ocugen, Inc. announced Monday it had submitted an investigational new drug application with the U.S. Food and Drug Administration to initiate Phase 1 clinical trials for the treat...
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Scott A. Smith
The board of directors of Pittsburgh-based Viatris Inc., a global healthcare company, recently named Scott A. Smith as the company’s next CEO, effective April 1.
Smith was appointed to lead the s...
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Pittsburgh-based UPMC said its financial results for 2022 show continued growth and sustainability for western Pennsylvania’s largest health insurer.
According to the company in a release on Mon...
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The U.S. Army’s Common Tactical Truck (CTT) program recently awarded Mack Defense, a wholly-owned subsidiary of Mack Trucks and part of the Volvo Group, a contract to design, build, and deliver tru...
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The PPG Foundation invested $16.2 million in 2022, a more than $2.5 million increase from 2021.
The funding supported more than 650 community partners and programs worldwide that advance educatio...
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Jodie Harris
The Philadelphia Industrial Development Corporation (PIDC) Board of Directors recently named Jodie Harris as its next president, effective June 1.
“Jodie Harris brings nearly three decades of dee...
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Pennsylvania Rep. Joshua Kail (R-Beaver/Washington), the chair of the House Republican Policy Committee, said during a regulation hearing Tuesday that commonsense should rule regulation reform to alle...
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Mawson Infrastructure Group, a digital infrastructure provider with operations in the United States and Australia, recently installed two additional substation transformers at its 100-megawatt Midland...
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Participants from the U.S. Department of Defense (DOD), private industry, and academia met earlier this month at Letterkenny Army Depot in Chambersburg to demonstrate the latest cold spray technology ...
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The Department of Labor and Industry (L&I) recently made $6 million available in Statewide Layoff Aversion Program funding to support at-risk businesses.
Funding can be used for Rapid Response Serv...
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TD Bank, which has locations in 63 Pennsylvania cities and towns, announced Wednesday it would launch a five-year Community Benefits Plan that would provide an estimated $50 billion impact to its comm...
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