Inflation and Rising Rates Continue to Impact Regional Consumers’ Financial Stability, WSFS Study Finds
The economic environment continues to impact consumers’ financial stability, resulting in changes to spending and saving habits. Nearly four in 10 regional residents (38%) are spending more money now compared to last year, while only 21% in the region are saving more, a WSFS Bank Money Trends study found.
The Sword Will be Unveiled on Commodore Barry Day, Sept. 13th
The Revolutionary War sword of Commodore John Barry, considered a “Father of the U.S. Navy,” will return to Philadelphia for the first time since 1939 and will be on view at the Museum of the American Revolution beginning Sept. 13, 2023, which is celebrated as Commodore Barry Day. The sword, which is on loan from the John F. Kennedy Presidential Library and Museum in Boston, was displayed in the Oval Office during John F. Kennedy’s presidency.
Aramark reveals name of Uniform Services spinoff business
Emma Dooling – Reporter, Philadelphia Business Journal
Philadelphia-based Aramark has revealed the name of the spinoff company for its multibillion-dollar Uniform Services business as the transaction nears completion.
Vestis, which currently operates as Aramark Uniform Services, is expected to fully separate from Aramark (NYSE: ARMK) at the end of the food service company’s fiscal year 2023 in October. The spinoff, announced in May 2022, will make Vestis its own publicly traded company.
Acumen Analytics will be hosting a webinar on the topic of “Amplifying Your GxP Digital Validation Implementations with Integrations .” Drawing upon our expertise and experience in this field, our team of experts will be sharing valuable insights and practical strategies that can help you stay ahead of the curve in this rapidly evolving industry. The webinar is scheduled to take place on July 11, 2023
WSFS CARES Foundation, the charitable giving arm of WSFS Bank, announced it has provided grants to two community organizations:
– The Community Education Building – Wilmington Del. ($50,000 Grant)
The WSFS funds will support CEB’s Student Advocacy System, which is one of their flagship services in addition to their Families Achieving More Program for adults in their students’ lives. Both programs offer hands-on direct navigation support to individuals
– WHYY, Inc. – Philadelphia, Pa. ($25,000 Grant)
The WSFS funds will support the WHYY Media Labs and Pathways to Careers Program, a partnership with the School District of Philadelphia to bring WHYY’s brand of high-quality media instruction to middle and high school students. The program has a proven and documented track record for developing necessary life skills like self-esteem, self-confidence, and time management for students to succeed.
The full press release with more information can be found here.
The Irish American Business Chamber & Network is proud to partner with WorldUpstart, a Philadelphia-based accelerator that has doubled the odds of successful US market entry for its graduates.
This year WorldUpstart is running a hybrid program specifically for life sciences and MedTech companies from September 11 – November 9, 2023. The program provides:
1) 12 online sessions
2) Six mentoring sessions
3) Four in-person days in Philadelphia
4) Pitch to investors
5) Participation in the Philadelphia Alliance for Capital & Technology Conference, Philadelphia’s largest investor event
