TAX CUT PROMPTS INSTANT BONUSES: Philadelphia-based Comcast announced it would dole out $1,000 holiday bonuses to more than 100,000 eligible “frontline and non-executive employees” immediately following the passage of the tax reform bill. AT&T, Wells Fargo and others also announced holiday bonuses or minimum wage hikes for workers after the bill’s passage.
CITY IN TOP TEN FOR TECH JOB GROWTH: Philly is #7 in the US in anticipated tech hirings in the Robert Half IT Hiring Forecast and Local Trend Report for 2018.
PENNOVATION CENTER KEEPS ITS PROMISE: The UPenn tech transfer hub kept busy in 2017, nabbing a slate of drone companies, a Penn-focused venture firm, and Allevi (formerly known as BioBots).
COMMERCIAL REAL ESTATE
AMAZON HQ2 AT 30TH STREET STATION? Heavily dedacting documents obtained by Philly.com, city offered 280,000 square feet of offices within the 30th Street Station, with millions of feet of additional buildable space on vacant and underused properties around the station.
WILLS EYE EXPANDS RETAIL STORES: When Fashion District Philadelphia – the former Gallery mall – debuts its new look and offerings in the fall of 2018, Wills Eyewear will be in a prime spot. It will be the hospital’s third retail outlet.