This morning’s news is all about the money. New Jersey is making it after sports betting became legal, stock market investors are losing it in the trade war with China, and Philadelphia-area manufacturers are feeling the heat as the cost of parts and labor rise. Plus, Mayor Jim Kenney took on his two challengers — State Sen. Anthony Hardy Williams and former City Controller Alan Butkovitz — for an hour-long televised debate Monday night ahead of next week’s primary.
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It’s officially been a year since the Supreme Court overturned the federal ban on sports betting outside Nevada, and New Jersey has hit the jackpot.
While Nevada is still king when it comes to sports betting revenue, New Jersey is closing in on the crown, drawing customers from New York and Philadelphia to both its retail outlets, and more importantly, online. But the odds are likely the Garden State’s early success will tumble after New York legalizes sports betting and Pennsylvania adds mobile access.
Sports writer Ed Barkowitz takes stock of the sports betting scene one year after the Supreme Court’s decision.
As the Trump administration’s escalated tariffs on Chinese imports take hold, Philadelphia-area manufacturers are feeling the pain. In Warminster, low-cost Chinese parts have made Teikoku USA Inc.'s grocery and frozen-food pumps competitive in the market.
But as the cost of parts and labor rise, the company still faces a strong demand to produce, struggling to fill orders on time because it can’t find enough factory workers.
When they do, however, it may be the Philadelphia Orchestra that entices the Chinese to do business in the City of Brotherly Love.
The controversial soda tax is paying off for five Philadelphia schools, Mayor Jim Kenney and Superintendent William Hite announced Monday.
The five schools joined a pool of 12 “community schools,” earning them extra resources from the city’s Office of Education.
A signature initiative of the Kenney administration, community schools each target a different focus, embedding social services and other supports inside Philadelphia School District buildings in an effort to remove barriers to learning.
Filed under: “Perks of sitting in a window seat.” 🌇 Thanks for the photo, @travel_pel.
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“City elections can signal a new chapter in the story of the city. While that’s not true of the somewhat sleepy mayor’s race, it certainly is of the race for seven at-large City Council seats. The highly-qualified field of 35 is notable for its youth, diversity, and direction, leaning decidedly progressive,” writes the Inquirer Editorial Board. Read its endorsements for city council at-large here.