Morning Roundup News Archive Page 1

Morning Roundup News

Zillow buys Trulia for $3.5 billion

Source: CNN Money

The two biggest names in online house hunting -- Zillow and Trulia - are joining forces in a stock deal valued at $3.5 billion. Read More »»

Upscale $40M project about ready to go

Source: Lehigh Valley Business

Now that two essential state and federal permits are approved and in hand, construction could finally move forward on a $40 million upscale mixed-use project in Upper Saucon Township that first earned township approval in 2011. Read More »»

Russia ordered to pay $50 billion over Yukos

Source: The Associated Press

LONDON (AP) — An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct oil producer Yukos over the expropriation of the company more than 10 years ago. Read More »»

Dollar stores joining forces

Source: CNN Money

If everything in its stores costs a buck, it will take 8.5 billion items sold for Dollar Tree stores to buy rival Family Dollar. Read More »»

Chemists jump on pharma niche

Source: Lehigh Valley Business

Advanced materials developer Kyle Flanigan always dreamed of a job as a commander on a space station. Read More »»

Fire destroys well-known Poconos restaurant

Source: WFMZ News

Investigators are trying to figure out what sparked a huge fire that destroyed a longtime Poconos restaurant Sunday morning. Read More »»

Opposition mounts to plan for hundreds of homes on crucial Lehigh Valley bird habitat

Source: The Express-Times/Lehigh Valley Live

Opposition is mounting to plans for 265 senior homes at Green Pond Country Club in Bethlehem Township, Pennsylvania. Read More »»

Fast food workers prepare to escalate wage demands

Source: The Associated Press

CHICAGO (AP) -- Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years. Read More »»

Allentown ex-nuisance bar not getting new liquor license after all

Source: The Express-Times/Lehigh Valley Live

Plans to bring a liquor license back to a former longtime nuisance bar in east Allentown have been abandoned. Read More »»

ANIZDA finance committee reviews budget and expenditures to date

Source: WFMZ News

"From a cash standpoint we're in fine shape," stated Paul Houck of Orefield, who serves as a consultant on the finance committee of the Allentown Neighborhood Improvement Zone District Authority (ANIZDA). Read More »»

Obama presses to close corporate tax loophole 'inversions'

Source: Reuters

LOS ANGELES, July 24 (Reuters) - U.S. President Barack Obama will call on Thursday for an end to a corporate loophole that allows companies to avoid federal taxes by shifting their tax domiciles overseas in deals known as "inversions," White House officials said. Read More »»

Corporate net income tax collection down for Q2, up for year to date

Source: Central Penn Business Journal

Corporate net income tax collections in Pennsylvania missed the mark by $80 million in the second quarter, according to a report from the state Independent Fiscal Office. Read More »»

New website offers services for new mothers

Source: Lehigh Valley Business

A new website dedicated to helping breastfeeding mothers is launching out of the Small Business Development Center in Reading and Kutztown University. Read More »»

American Airlines to pay first dividend since 1980

Source: The Associated Press

FORT WORTH, Texas (AP) - American Airlines says it will pay its first dividend since 1980. Read More »»

Easton taxes point to more people finding work

Source: WFMZ News

More people in Easton are apparently finding jobs this year compared to last year, city officials said Wednesday night. Read More »»

Allentown Bahama Mama's nightclub to close doors for good

Source: The Express-Times/Lehigh Valley Live

An Allentown nightclub will be going out of business next month after the owner failed to pay multiple months of back rent payments. Read More »»

Home sellers don't have to tell buyers about murders, other tragedies, Pa. Supreme Court rules

Source: Harrisburg Patriot News

Sellers of properties where horrific events - such as murders - have occurred do not have a legal obligation to tell prospective buyers about those tragedies, the state Supreme Court has determined. Read More »»

Microsoft's most boneheaded product is about to be killed off

Source: CNN Money

Microsoft is about to take the ax to one of the stupidest products it ever created. Read More »»

Oil stays above $102 amid Gaza peace efforts

Source: The Associated Press

The price of oil inched further above $102 a barrel Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of a heavy hit. Read More »»

Board greenlights SWB & R request to construct new facility

Source: WFMZ News

The Hanover Township Board of Supervisors granted preliminary and final conditional land approval to SWB & R for the construction of a new facility during Tuesday night's meeting. Read More »»

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Business Events

CFO of the Year Awards
Wednesday, September 17, 2014
Fastest Growing Companies 2014
Wednesday, October 8, 2014
CPBJ Business Event
Wednesday, October 8, 2014
Lehigh Valley Business Expo 2014
Wednesday, October 8, 2014
Business of the Year
Tuesday, December 9, 2014

Special Editions

Business Profiles 2014

Business Profiles 2014
This once-a-year special supplement allows our advertisers and our readers to find out more about the companies that help the Greater Lehigh Valley business community continue to grow. The profiles are a unique opportunity to tell the behind-the-scenes stories that have made these Greater Lehigh Valley businesses so successful.

Two City Center 2014

Two City Center 2014
Our 16-page special supplement salutes the opening of Two City Center in Downtown Allentown, the first of what is expected to be hundreds of millions of dollars in new development in the heart of the city.

Forty Under 40 2014

Forty Under 40 2014
Presidents, CEOs, partners and other executives highlight our second annual class of Forty Under 40 award-winners, who are featured in our 24-page special supplement inside this issue. The winners were selected based on their professional accomplishments, leadership, vision and community service.

Women of Influence 2014

Women of Influence 2014
Our 24-page special section, 'Women of Influence,' recognizes 28 women for leadership in their industry and their community. They make a difference in the Greater Lehigh Valley.


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