Lehigh Valley Business Morning Roundup http://www.lvb.com/section/Roundup Morning Roundup News News en-us Copyright 2017 Lehigh Valley Business Journal Thu, 14 Dec 2017 05:12:49 EST Thu, 14 Dec 2017 05:12:49 EST http://www.lvb.com/article/20171213/LVB01/171219947&source=RSS Disney set to seal 21st Century Fox takeover Walt Disney is close to confirming a deal to buy 21st Century Fox's entertainment assets for about 60bn, reports say. Wed, 13 Dec 2017 08:27:00 EST http://www.lvb.com/article/20171213/LVB01/171219947&source=RSS http://www.lvb.com/article/20171213/LVB01/171219948&source=RSS Mack Trucks adding 400 jobs at Lower Macungie assembly plant Mack is back, upshifting into hiring mode for its massive Lower Macungie Township assembly plant that already employs about 2,000 people. The heavy-duty truck maker is now in the process of adding 400 more employees. Wed, 13 Dec 2017 08:24:00 EST http://www.lvb.com/article/20171213/LVB01/171219948&source=RSS http://www.lvb.com/article/20171213/LVB01/171219949&source=RSS Area restaurant damaged in early morning fire The Punta Cana Restaurant at 801 Union Blvd. in Allentown was damaged early Wednesday morning by fire, an official reports. The smoky fire in the rear ceilingroof area above the kitchen was reported at 520 a. m. , Allentown Fire Department Capt. John Christopher said. Wed, 13 Dec 2017 08:22:00 EST http://www.lvb.com/article/20171213/LVB01/171219949&source=RSS http://www.lvb.com/article/20171213/LVB01/171219950&source=RSS Fed expected to lift rates as Yellen delivers final press conference There will likely be one more rate hike from the Federal Reserve in 2017 before chairwoman Janet Yellen steps down. Tue, 12 Dec 2017 16:08:00 EST http://www.lvb.com/article/20171213/LVB01/171219950&source=RSS http://www.lvb.com/article/20171213/LVB01/171219951&source=RSS Construction metric indicates strong economy The Associated Builders and Contractors&#8217 ABC reported that the Construction Backlog Indicator CBI set a record as it expanded to 9. 45 months during the third quarter of 2017, up 9. 8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0. 8 months, or 9. 2 percent, on a. . . Tue, 12 Dec 2017 16:06:00 EST http://www.lvb.com/article/20171213/LVB01/171219951&source=RSS http://www.lvb.com/article/20171213/LVB01/171219952&source=RSS CenturyLink, Comcast Business partner on 79M state contract Two of the biggest telecommunications companies in the country are collaborating as part of a 79 million contract to provide data networking products to the commonwealth. Tue, 12 Dec 2017 15:52:00 EST http://www.lvb.com/article/20171213/LVB01/171219952&source=RSS http://www.lvb.com/article/20171213/LVB01/171219953&source=RSS Employees stressed for the holidays? Here's how to help It&#8217s a happy, yet stressful time for many employees. That duality is well-represented for many workers over the holidays with competing and conflicting feelings of joy and stress in the workplace. Tue, 12 Dec 2017 15:50:00 EST http://www.lvb.com/article/20171213/LVB01/171219953&source=RSS http://www.lvb.com/article/20171212/LVB01/171219971&source=RSS Comcast drops bid for Fox assets, leaving Disney in pole position Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch&#8217s Twenty-First Century Fox Inc, leaving Walt Disney Co as the sole suitor in pursuit of the 40 billion-plus deal. Tue, 12 Dec 2017 07:53:00 EST http://www.lvb.com/article/20171212/LVB01/171219971&source=RSS http://www.lvb.com/article/20171212/LVB01/171219972&source=RSS East Penn school board approves full-day kindergarten EMMAUS, Pa. - After more than an hour of back-and forth between board members, the East Penn School Board voted 6-3 at its Monday meeting to implement a full-time kindergarten program in all district elementary schools starting with the 2018-19 school year. Tue, 12 Dec 2017 07:51:00 EST http://www.lvb.com/article/20171212/LVB01/171219972&source=RSS http://www.lvb.com/article/20171212/LVB01/171219973&source=RSS Bethlehem golf course under council's microscope Bethlehem City Council on Monday rejected a motion to cut out of the budget the salaries of three golf course managers, a proposal city officials said would have effectively shut down the popular golf course next year. Tue, 12 Dec 2017 07:49:00 EST http://www.lvb.com/article/20171212/LVB01/171219973&source=RSS http://www.lvb.com/article/20171212/LVB01/171219974&source=RSS Microsoft may soon be worth 1 trillion Take that, Apple and Google? One Wall Street analyst thinks that Microsoft could be worth 1 trillion by 2020 -- if not sooner. Mon, 11 Dec 2017 15:56:00 EST http://www.lvb.com/article/20171212/LVB01/171219974&source=RSS http://www.lvb.com/article/20171212/LVB01/171219975&source=RSS Port Authority approves 750M in projects tied to Newark Liberty Airport expansion Board members of the Port Authority of New York and New Jersey have approved a nearly 500 million in additional spending on the 2. 3 billion Terminal A Redevelopment Program at Newark Liberty International Airport. Mon, 11 Dec 2017 15:54:00 EST http://www.lvb.com/article/20171212/LVB01/171219975&source=RSS http://www.lvb.com/article/20171212/LVB01/171219976&source=RSS School pension costs up even as investments gain value Pennsylvania's pension fund for school employees is earning more than expected from its investments, but school districts still will be paying more into the fund for the next fiscal year than they are now. Mon, 11 Dec 2017 15:52:00 EST http://www.lvb.com/article/20171212/LVB01/171219976&source=RSS http://www.lvb.com/article/20171212/LVB01/171219977&source=RSS Death of the dreaded annual evaluation? One can hope For decades, it&#8217s been an annual ritual for most white-collar employees that occurs around this time of year Take stock of the past year&#8217s job performance and prepare to discuss that and goal achievement with their boss and hope all the subjectivity adds up to a raise or a bonus. Mon, 11 Dec 2017 15:50:00 EST http://www.lvb.com/article/20171212/LVB01/171219977&source=RSS http://www.lvb.com/article/20171211/LVB01/171219993&source=RSS Hotly anticipated bitcoin futures ease off after 22 percent surge Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U. S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use. Mon, 11 Dec 2017 07:57:00 EST http://www.lvb.com/article/20171211/LVB01/171219993&source=RSS