Lehigh Valley Business News

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 – …

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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 …

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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 …

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MAP: Where are the most affordable places to buy homes in the Lehigh Valley?

If you’re shopping for a new home in the Lehigh Valley or selling your old one, you’ve seen all the warning signs of a sellers’ market: prices are up, inventory is down, and homes are flying off the market at record speeds. In some municipalities — like Forks Township in Northampton County and… This story …

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Wells Fargo to pay $1 billion in fines over auto, mortgage lending abuses

Federal regulators slapped Wells Fargo & Co. with a fine of $ 1 billion on Friday, punishing the San Francisco bank for abuses that harmed mortgage and auto loan borrowers, and for what regulators said was a pervasive and “reckless” lack of risk management. The penalty, announced by the Office of… This story original published …

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Pennsylvania patients will be able to buy dry leaf medical marijuana this summer

Qualifying patients should have access to medical marijuana in flower and dry leaf form at dispensaries by the end of summer. Pennsylvania Secretary of Health Rachel Levine announced Monday she would implement all of the changes to the medical marijuana program recommended last week by an advisory… This story original published here: LV Business Cycle …

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