Lehigh Valley Business Morning Roundup http://www.lvb.com/section/Roundup Morning Roundup News News en-us Copyright 2017 Lehigh Valley Business Journal Mon, 24 Apr 2017 05:20:11 EST Mon, 24 Apr 2017 05:20:11 EST http://www.lvb.com/article/20170421/LVB01/170429968&source=RSS GM faces hard road getting compensated for Venezuela factory DETROIT AP -- General Motors became the latest corporation to have a factory or other asset seized by the government of Venezuela, and the Detroit automaker faces an uphill battle to recover any damages. Fri, 21 Apr 2017 08:09:00 EST http://www.lvb.com/article/20170421/LVB01/170429968&source=RSS http://www.lvb.com/article/20170421/LVB01/170429969&source=RSS PPL Plaza headed for foreclosure? ALLENTOWN &#8211 With its mortgage in default and no refinancing on the horizon, The Plaza at PPL Center appears headed for foreclosure. Fri, 21 Apr 2017 08:03:00 EST http://www.lvb.com/article/20170421/LVB01/170429969&source=RSS http://www.lvb.com/article/20170421/LVB01/170429970&source=RSS Lower Macungie OKs Shepherd Hills subdivisions LOWER MACUNGIE, Pa. - Three months ago Lower Macungie Township Board of Commissioners approved an agreement to ensure Shepherd Hills Golf Course would not be developed. Fri, 21 Apr 2017 08:00:00 EST http://www.lvb.com/article/20170421/LVB01/170429970&source=RSS http://www.lvb.com/article/20170421/LVB01/170429985&source=RSS Verizon profit, revenue miss Wall Street view as subscribers dash Verizon Communications Inc VZ. N on Thursday reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan, raising questions on whether the No. 1 U. S. wireless carrier may need a larger acquisition than Yahoo to diversify its business. Thu, 20 Apr 2017 15:18:00 EST http://www.lvb.com/article/20170421/LVB01/170429985&source=RSS http://www.lvb.com/article/20170421/LVB01/170429986&source=RSS Wells Fargo CEO refuses to dig back to 2002, despite evidence Wells Fargo's fake account scandal goes back to at least 2002. Thu, 20 Apr 2017 15:16:00 EST http://www.lvb.com/article/20170421/LVB01/170429986&source=RSS http://www.lvb.com/article/20170421/LVB01/170429987&source=RSS ACDevco, Christie celebrate groundbreaking of Gateway project The Atlantic City Development Corp. hosted a groundbreaking ceremony for the Gateway project on Thursday, with dignitaries including Gov. Chris Christie, ACDevco Chairman Jon Hanson, South Jersey Industries CEO Michael Renna and Stockton University President Harvey Kesselman. Thu, 20 Apr 2017 15:13:00 EST http://www.lvb.com/article/20170421/LVB01/170429987&source=RSS http://www.lvb.com/article/20170421/LVB01/170429988&source=RSS Denver-based firm hired to implement Pa.'s medical marijuana tracking system The state Department of Health has hired the nation's leading provider of seed-to-sale electronic tracking solutions for the cannabis industry to implement a system for Pennsylvania's fledgling medical marijuana program. Thu, 20 Apr 2017 15:10:00 EST http://www.lvb.com/article/20170421/LVB01/170429988&source=RSS http://www.lvb.com/article/20170420/LVB01/170429997&source=RSS 'Retail apocalypse' limits HHGregg's replacements That HHGregg store near you might never be filled again &#8212 at least, not by a retailer. Thu, 20 Apr 2017 08:09:00 EST http://www.lvb.com/article/20170420/LVB01/170429997&source=RSS http://www.lvb.com/article/20170420/LVB01/170429998&source=RSS New McDonald's will be unlike any other in Lehigh Valley, Philly An area fixture for 37 years, McDonald's on Nazareth Pike in Bethlehem Township has served its last McNugget. Thu, 20 Apr 2017 08:06:00 EST http://www.lvb.com/article/20170420/LVB01/170429998&source=RSS http://www.lvb.com/article/20170420/LVB01/170429999&source=RSS Plans for drug and rehab facility in the Poconos move forward POCONO TWP. , Pa. - Plans for a drug and rehabilitation facility at an old Poconos resort have cleared another hurdle. Thu, 20 Apr 2017 08:03:00 EST http://www.lvb.com/article/20170420/LVB01/170429999&source=RSS http://www.lvb.com/article/20170420/LVB01/170419816&source=RSS Feds knew of 700 Wells Fargo whistleblower cases in 2010 America's chief federal banking regulator admits it failed to act on numerous red flags at Wells Fargo that could have stopped the fake account scandal years earlier. Wed, 19 Apr 2017 16:52:00 EST http://www.lvb.com/article/20170420/LVB01/170419816&source=RSS http://www.lvb.com/article/20170420/LVB01/170419817&source=RSS Walmart U.S. eCommerce appoints SVP, customer care Walmart announced that it has appointed Rahul Joshi as its new U. S. eCommerce senior vice president, customer care, according to Marc Lore, CEO and president. Wed, 19 Apr 2017 16:48:00 EST http://www.lvb.com/article/20170420/LVB01/170419817&source=RSS http://www.lvb.com/article/20170420/LVB01/170419818&source=RSS House OKs 15M for 'wounded' Pa. unemployment centers Pennsylvania's House of Representatives gave its blessing Tuesday to a bill that would extend 15 million to the state's beleaguered unemployment compensation system. Wed, 19 Apr 2017 16:46:00 EST http://www.lvb.com/article/20170420/LVB01/170419818&source=RSS http://www.lvb.com/article/20170420/LVB01/170419819&source=RSS Massive FedEx facility now an international archetype When FedEx Ground broke ground on its major East Coast automated hub in the Greater Lehigh Valley last year, the project not only attracted attention from economic development officials outside the region, but from those outside the nation as well. Wed, 19 Apr 2017 16:44:00 EST http://www.lvb.com/article/20170420/LVB01/170419819&source=RSS http://www.lvb.com/article/20170419/LVB01/170419828&source=RSS PetSmart is acquiring Chewy.com for 3.35 billion in the largest e-commerce acquisition ever PetSmart has made the biggest e-commerce acquisition in history, snatching up fast-growing pet product site Chewy. com for 3. 35 billion, according to multiple sources familiar with the deal. Wed, 19 Apr 2017 08:20:00 EST http://www.lvb.com/article/20170419/LVB01/170419828&source=RSS