Cooper University Health Care announced plans for a $5.9-million, 5,500-square foot expansion of its Camden medical center emergency department to accommodate a 35 percent increase in ER visits over the last ten years. It’s the only hospital in South Jersey to offer a dedicated pediatric emergency room and Level-1 trauma center. Read more at the Philadelphia Business Journal.
Ballard Brands and local investor David Maser came to an agreement to purchase the Garces Group for $8 million in U.S. Bankruptcy Court this week. Jose Garces will remain on as chief culinary officer and is still facing pending suits from other investors. Read more at Philly Voice.
As part of its Be an Outsider at Work initiative, apparel retailers L.L. Bean is partnering with coworking company Industrious to bring a pop-up coworking space to the Navy Yard next week. The outdoor space will include individual workspaces, collaborative conference areas, cycling desks, wifi and team building exercises led by L.L. Bean Outdoor Discovery Program experts. Read more at Philly Mag.
Women in Digital (WiD) has added a Philadelphia chapter to its ranks and will hold its first meeting next week. The member-based network connects women who work in digital creative fields and support their advancement. Read more at Technical.ly Philly.
According to data from the U.S, Bureau of Economic Analysis, foreign investments to acquire, launch or expand businesses in the country was down 32 percent in 2017, totaling $259.6 billion versus $439.5 billion in 2015. Read more at CNN.
The Labor Department released numbers indicating that U.S. wholesale prices have increased 3.4 percent over the past year, the biggest 12-month increase since a 3.7 percent uptick in November 2011. Read more at Washington’s Top News.