Month: May 2018

Virginian-Pilot sold to Tronc, parent company of The Morning Call

Tronc, Inc., the parent company of The Morning Call,  has purchased The Virginian-Pilot Media Companies, LLC. The $ 34 million purchase from Landmark Media Enterprises, announced Tuesday morning, includes all of the Virginian-Pilot’s publications and properties. The sale is effective immediately. … This story original published here: LV Business Cycle – Lehigh Valley Business Cycle

Community banks call bill rolling back some Dodd-Frank rules ‘relief for Main Street’

Community bankers breathed a sigh of relief after President Donald J. Trump signed a bill Thursday that rolls back some regulatory requirements imposed following the 2008 financial crisis. The bill, which the House on Tuesday approved with considerable bipartisan support, avoids altering the Dodd-Frank… This story original published here: LV Business Cycle – Lehigh Valley …

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Economic talks between U.S. and China lead to trade war truce

The United States and China are pulling back from the brink of a trade war after the world’s two biggest economies reported progress in talks aimed at bringing down America’s massive trade deficit with Beijing. “We are putting the trade war on hold,” Treasury Secretary Steven Mnuchin said Sunday. … This story original published here: …

Economic talks between U.S. and China lead to trade war truce Read More »

Company adds bus service from Scranton, Wilkes-Barre to Allentown

The Martz Group will begin offering daily service to and from Allentown starting June 18. The Wilkes-Barre based company added the Allentown Bus Terminal to its daily service to Philadelphia to fill a need for transportation to and from the region. “Customers in the Wilkes-Barre, Scranton and Pocono… This story original published here: LV Business …

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Bethlehem barber, Allentown doctor among professionals sanctioned by state licensing boards

These disciplinary and licensing actions were announced recently by Pennsylvania’s licensing boards against professionals who live and work in the Lehigh Valley area. The information is taken verbatim from the Pennsylvania Department of State’s website, where you can find all of the actions against… This story original published here: LV Business Cycle – Lehigh Valley …

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Court: PPL can prevent some low-income customers from shopping for electricity

State regulators can “bend” the rules of competition when it comes to low-income electric customers in the Lehigh Valley who want to shop for their energy supplier. Commonwealth Court, in a decision released Wednesday, sided with the Pennsylvania Public Utility Commission in affirming the PUC can… This story original published here: LV Business Cycle – …

Court: PPL can prevent some low-income customers from shopping for electricity Read More »

Unemployment rate falls below 4 percent for first time since 2000 – but for a bad reason

WASHINGTON — The U.S. labor market improved somewhat last month, adding a solid 164,000 net jobs while the unemployment rate reached a new milestone, falling below 4 percent for the first time since 2000, the Labor Department said Friday. But while job growth rebounded from a disappointing March… This story original published here: LV Business …

Unemployment rate falls below 4 percent for first time since 2000 – but for a bad reason Read More »

New financial advisory firm Morton Brown finds home in Tower 6

Tower 6, Allentown’s newest office building, has landed another financial services tenant. Morton Brown Family Wealth, a financial advisory firm that launched Saturday, has signed a lease for 3,500 square feet of office space on the third floor of the new 12-floor high-rise at Sixth and Hamilton… This story original published here: LV Business Cycle …

New financial advisory firm Morton Brown finds home in Tower 6 Read More »