Lehigh Valley Business Morning Roundup http://www.lvb.com/section/Roundup Morning Roundup News News en-us Copyright 2018 Lehigh Valley Business Journal Wed, 26 Sep 2018 02:29:49 EST Wed, 26 Sep 2018 02:29:49 EST http://www.lvb.com/article/20180925/LVB01/180929920&source=RSS Instagram co-founders resign in latest Facebook executive exit Rockville, MD Reuters - Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook Inc, giving scant explanation for the move. Tue, 25 Sep 2018 07:48:00 EST http://www.lvb.com/article/20180925/LVB01/180929920&source=RSS http://www.lvb.com/article/20180925/LVB01/180929921&source=RSS Time is running out for Sears, CEO warns Sears is running out of time to fix its problems, the CEO says. Tue, 25 Sep 2018 07:46:00 EST http://www.lvb.com/article/20180925/LVB01/180929921&source=RSS http://www.lvb.com/article/20180925/LVB01/180929922&source=RSS Rental property restrictions on hold in Wilson WILSON BOROUGH, Pa. - An ordinance that would temporarily prohibit any additional rental properties in Wilson Borough is on the back burner. Tue, 25 Sep 2018 07:44:00 EST http://www.lvb.com/article/20180925/LVB01/180929922&source=RSS http://www.lvb.com/article/20180925/LVB01/180929934&source=RSS Murphy to outline economic outlook for state Gov. Phil Murphy plans to outline his economic vision for the state next week at the ON3 biotechnology campus in Passaic County. Mon, 24 Sep 2018 14:19:00 EST http://www.lvb.com/article/20180925/LVB01/180929934&source=RSS http://www.lvb.com/article/20180925/LVB01/180929935&source=RSS Former Rite Aid VP and Atlanta business owners charged in 5.7M kickback scheme A former Rite Aid Corp. vice president and two owners of an Atlanta-based company have been charged for their alleged roles in a 5. 7 million vendor kickback scheme, the U. S. Attorney's Office for the Middle District of Pennsylvania said Friday. Mon, 24 Sep 2018 14:14:00 EST http://www.lvb.com/article/20180925/LVB01/180929935&source=RSS http://www.lvb.com/article/20180925/LVB01/180929936&source=RSS 2018 Coolest Offices in the Lehigh Valley It turns out that there are a lot of very cool offices in the Lehigh Valley. In our second year of asking readers to tell us about a business with a traditional office space that has been transformed into something extraordinary, we received a response that was extraordinary. Mon, 24 Sep 2018 14:12:00 EST http://www.lvb.com/article/20180925/LVB01/180929936&source=RSS http://www.lvb.com/article/20180925/LVB01/180929937&source=RSS Congress may force airlines to install bigger seats, ban involuntary bumping Travelers upset over ever smaller airline seats could soon get some relief, thanks to proposals by U. S. lawmakers to improve passenger services. Mon, 24 Sep 2018 14:09:00 EST http://www.lvb.com/article/20180925/LVB01/180929937&source=RSS http://www.lvb.com/article/20180924/LVB01/180929951&source=RSS SiriusXM buying Pandora Media in 3.5 billion deal NEW YORK AP &#8212 Subscription radio company SiriusXM says it&#8217s buying music streaming service Pandora Media Inc. in a stock deal valued at about 3. 5 billion that&#8217ll allow it to expand its service beyond cars and into homes and other mobile areas. Mon, 24 Sep 2018 07:48:00 EST http://www.lvb.com/article/20180924/LVB01/180929951&source=RSS http://www.lvb.com/article/20180924/LVB01/180929952&source=RSS Harley is winning in Europe#8212without a trade war Bloomberg -- Willi Breuckmann could have gone for the BMW motorcycle&#8212it was a comfortable and affordable machine. And it made sense for him to stick with a ride made in his own country, Germany. Mon, 24 Sep 2018 07:46:00 EST http://www.lvb.com/article/20180924/LVB01/180929952&source=RSS http://www.lvb.com/article/20180924/LVB01/180929953&source=RSS Michael Kors to take control of Italy's Versace LONDON Reuters - U. S. fashion group Michael Kors Holdings Ltd KORS. N has agreed to take control of Italy&#8217s Versace, three sources familiar with the matter said on Monday, adding that an official announcement would be made this week. Mon, 24 Sep 2018 07:44:00 EST http://www.lvb.com/article/20180924/LVB01/180929953&source=RSS http://www.lvb.com/article/20180924/LVB01/180929954&source=RSS Barrick is buying Randgold to create the world's top gold miner Canada's Barrick Gold ABX is buying rival Randgold GOLD to create the world's biggest gold miner, the two companies announced Monday. Mon, 24 Sep 2018 07:42:00 EST http://www.lvb.com/article/20180924/LVB01/180929954&source=RSS http://www.lvb.com/article/20180924/LVB01/180929955&source=RSS Homes sales rise, speed up in August Low inventory continues to spark brisk buyer activity in the residential real estate market in the Greater Lehigh Valley. In August, homes sold an average of two weeks sooner than a year ago while average sales prices grew 3. 8 percent. Closed sales grew 3. 1 percent, but both pending sales and new listings fell, by 2. 0 and 1. 2 percent, respectively. Mon, 24 Sep 2018 07:40:00 EST http://www.lvb.com/article/20180924/LVB01/180929955&source=RSS http://www.lvb.com/article/20180924/LVB01/180929956&source=RSS DEP holds air quality hearing on East Rockhill quarry PERKASIE, Pa. - Representatives from the Pennsylvania Department of Environmental Protection held a public hearing Thursday evening designed to offer residents the opportunity to get their thoughts on the record as the department weighs whether to approve a stationary rock crusher at a recently reopened quarry. Mon, 24 Sep 2018 07:38:00 EST http://www.lvb.com/article/20180924/LVB01/180929956&source=RSS http://www.lvb.com/article/20180921/LVB01/180929980&source=RSS American Airlines joins rivals in hiking U.S. baggage fees by five dollars WASHINGTON Reuters - American Airlines Group Inc said on Thursday it would raise domestic U. S. baggage fees by 5, joining major rivals in the price hike amid higher fuel costs. Fri, 21 Sep 2018 07:58:00 EST http://www.lvb.com/article/20180921/LVB01/180929980&source=RSS http://www.lvb.com/article/20180921/LVB01/180929981&source=RSS Lower Macungie OKs second phase of Stone Hill Meadows LOWER MACUNGIE, Pa. - The Lower Macungie Township Board of Commissioners granted final plan approval to the second phase of the Stone Hill Meadows project during Thursday night's meeting. The vote was unanimous. Fri, 21 Sep 2018 07:55:00 EST http://www.lvb.com/article/20180921/LVB01/180929981&source=RSS