IKEA Under Construction; Iconic Pizzeria Closes For Move: Philly Area Business News

What’s opening, what’s closing and what’s changing in the local business landscape? Here are some of the business stories making recent news across Greater Philadelphia. IKEA Under Construction An IKEA concept store planned for Delaware County is expected to open mid-summer. More. Iconic Pizzeria On The Move After 70 years in Upper Darby, one of…

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Ferrari Luce: Italian sportscar maker unveils its first electric car

RomeReuters —  Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand. The four-door Luce, Italian for ‘light’, was developed with the help of former Apple design chief Jony Ive and his collective…

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Schwab CEO says his firm will attract new customers with wealth building instead of meme coins and gambling

Charles Schwab (SCHW) CEO Rick Wurster says his company’s stock deserves a higher valuation. The investment services giant is aiming to close that gap by integrating AI into its tried and true wealth-building recipe while dodging the so-called “transactions business” race younger upstarts are running. “We are in the outcomes business,” said Wurster, who spoke…

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