Lehigh Valley Business Morning Roundup http://www.lvb.com/section/Roundup Morning Roundup News News en-us Copyright 2016 Lehigh Valley Business Journal Thu, 29 Sep 2016 21:17:03 EST Thu, 29 Sep 2016 21:17:03 EST http://www.lvb.com/article/20160929/LVB01/160929852&source=RSS Prominent Bethlehem funeral home gets new name A well-known Bethlehem funeral home is getting a new name. Thu, 29 Sep 2016 11:09:00 EST http://www.lvb.com/article/20160929/LVB01/160929852&source=RSS http://www.lvb.com/storyimage/LV/20160929/LVB01/160929852/AR/0/AR-160929852.jpg Prominent Bethlehem funeral home gets new name http://www.lvb.com/article/20160929/LVB01/160929861&source=RSS Wells Fargo chief Stumpf heads to Hill with pressure mounting Wells Fargo Co's WFC. N Chief Executive John Stumpf returns to Capitol Hill on Thursday with his job still under threat and the bank facing rising political pressure over a sales scandal that has become a major issue in Washington and on Wall Street. Thu, 29 Sep 2016 08:26:00 EST http://www.lvb.com/article/20160929/LVB01/160929861&source=RSS http://www.lvb.com/article/20160929/LVB01/160929862&source=RSS Stocks rise on OPEC production agreement oil rally fades HONG KONG AP -- Energy stocks led most markets higher on Thursday after OPEC nations reached a preliminary deal to cut oil production for the first time in eight years. The price of crude, which shot up about 5 percent on Wednesday's news, edged back slightly. Thu, 29 Sep 2016 08:24:00 EST http://www.lvb.com/article/20160929/LVB01/160929862&source=RSS http://www.lvb.com/article/20160929/LVB01/160929863&source=RSS Geisinger agrees to purchase The Commonwealth Medical College Geisinger Health System will buy The Commonwealth Medical College, three sources familiar with the deal said. . . . Thu, 29 Sep 2016 08:22:00 EST http://www.lvb.com/article/20160929/LVB01/160929863&source=RSS http://www.lvb.com/article/20160929/LVB01/160929864&source=RSS Germany's second largest bank slashes 7,300 jobs Germany's second largest bank says it will slash thousands of jobs and stop paying a dividend amid a broad restructuring of its business. Thu, 29 Sep 2016 08:19:00 EST http://www.lvb.com/article/20160929/LVB01/160929864&source=RSS http://www.lvb.com/article/20160929/LVB01/160929865&source=RSS Amtrak to run Autumn Express passenger train through Lehigh Valley for first time Less than a month after a Norfolk Southern official crushed the hopes of rail fans by flatly saying no to any chance that Amtrak could use its freight tracks for a commuter train from the Lehigh Valley to New York, Amtrak has scheduled two daylong excursion trains from New York into the Lehigh Valley, Oct. 29 and Oct. 30. Thu, 29 Sep 2016 08:16:00 EST http://www.lvb.com/article/20160929/LVB01/160929865&source=RSS http://www.lvb.com/article/20160929/LVB01/160929866&source=RSS Lehigh County Commissioners approve bond sale After months of discussion and negotiations, Lehigh County now has the financing in place for capital projects and farmland preservation. Thu, 29 Sep 2016 08:11:00 EST http://www.lvb.com/article/20160929/LVB01/160929866&source=RSS http://www.lvb.com/article/20160929/LVB01/160929867&source=RSS Just Born sues union, saying ongoing strike violates deal The workers' strike at Just Born Inc. in Bethlehem entered its fourth week Wednesday, amid a lawsuit filed by the candy manufacturer against its employees' union. Thu, 29 Sep 2016 08:09:00 EST http://www.lvb.com/article/20160929/LVB01/160929867&source=RSS http://www.lvb.com/article/20160928/LVB01/160929877&source=RSS Wells Fargo CEO forfeits 41 million Wells Fargo CEO John Stumpf will forfeit much of his 2016 salary -- including his bonus and 41 million in stock awards -- as the bank launches a probe into its phony accounts scandal. Wed, 28 Sep 2016 08:28:00 EST http://www.lvb.com/article/20160928/LVB01/160929877&source=RSS http://www.lvb.com/article/20160928/LVB01/160929878&source=RSS Just Born, union resume negotiations as strike enters fourth week Just Born Quality Confections and officials representing its union workers are set to resume negotiations Wednesday for the first time since a strike at the candy company began Sept. 7. Wed, 28 Sep 2016 08:25:00 EST http://www.lvb.com/article/20160928/LVB01/160929878&source=RSS http://www.lvb.com/article/20160928/LVB01/160929879&source=RSS Police share in 477K from Sands Casino Police in Northampton County received the lion's share of 476,830 in grants awarded Tuesday by the county Gaming Revenue and Economic Redevelopment Authority. Wed, 28 Sep 2016 08:23:00 EST http://www.lvb.com/article/20160928/LVB01/160929879&source=RSS http://www.lvb.com/article/20160928/LVB01/160929890&source=RSS US appeals court hears arguments in Clean Power Plan case WASHINGTON AP -- Lawyers for a coalition of states and businesses reliant on fossil fuels made their case Tuesday to a federal appeals court that President Barack Obama's plan to curtail climate-warming greenhouse gases is an unlawful power grab. Tue, 27 Sep 2016 15:21:00 EST http://www.lvb.com/article/20160928/LVB01/160929890&source=RSS http://www.lvb.com/article/20160928/LVB01/160929891&source=RSS Trenton architecture firm expands in Pennsylvania Trenton-based architecture firm Spiezle Architectural Group has acquired a Pennsylvania-based firm in order to extend its reach and services, it announced Tuesday. Tue, 27 Sep 2016 15:18:00 EST http://www.lvb.com/article/20160928/LVB01/160929891&source=RSS http://www.lvb.com/article/20160928/LVB01/160929892&source=RSS Court halts proposed Hershey-Pinnacle merger A federal court has granted an injunction halting the merger of the Penn State Health Milton S. Hershey Medical Center and PinnacleHealth System. Tue, 27 Sep 2016 15:15:00 EST http://www.lvb.com/article/20160928/LVB01/160929892&source=RSS http://www.lvb.com/article/20160928/LVB01/160929893&source=RSS Tom Sturgis Pretzels A recipe for success for generations Known as the oldest pretzel-making family in the country, Tom Sturgis Pretzels Inc. of Cumru Township dates to 1861 in Lititz, Lancaster County. Tue, 27 Sep 2016 15:12:00 EST http://www.lvb.com/article/20160928/LVB01/160929893&source=RSS