Morning Roundup News Archive Page 2

Morning Roundup News

City council votes to rehire in Bethlehem's economic development department

Source: WFMZ News

In a 6 to 1 vote, Bethlehem City Council Tuesday evening approved the hiring of a "business retention and attraction officer" to work in its community and economic development department. Read More »»

PennEast Pipeline proposal subject to review by agency protecting Delaware River watershed

Source: The Express-Times/Lehigh Vallley Live

A multi-state agency aimed at protecting the Delaware River watershed plans to conduct a review of the PennEast Pipeline route currently proposed to cut through a large swath of the watershed. Read More »»

Other possible winners from the Halliburton deal

Source: CNBC

Halliburton (HAL)'s planned deal for Baker Hughes (BHI) is seen as changing the competitive landscape in the oilfield services industry. But it may also present game-changing opportunities for small and mid-cap services firms, said analysts. Read More »»

Online gaming company Betfair shifts N.J. alliance to Golden Nugget Atlantic City

Source: NJBIZ

Betfair, the London-based online gaming operator, has partnered with the Golden Nugget Atlantic City in what is the website's third partnership since Internet casino games became legal in New Jersey. Read More »»

Norfolk Southern boosts Pa. rail network with $217M acquisition

Source: Central Penn Business Journal

Virginia-based Norfolk Southern Corp., which has growing intermodal freight operations in Central Pennsylvania, has announced a $217 million acquisition of nearly 283 miles of rail line between Sunbury and Schenectady, N.Y. Read More »»

Getting the 'GIS't of data mapping in business

Source: Lehigh Valley Business

On Nov. 19, the world will be celebrating International GIS Day. Read More »»

Lufthansa signs $1.25 billion outsourcing deal with IBM

Source: Reuters

IBM (IBM.N) has won an outsourcing contract from Germany's Lufthansa (LHAG.DE) worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information technology infrastructure services division and staff. Read More »»

Starbucks says Neil Young is wrong about his boycott

Source: CNN Money

Last week, the singer said on his website, that he was kicking his daily Starbucks latte habit because he claimed the coffee company had teamed up with Monsanto to sue Vermont over a new law on genetically engineered foods. Young called out to his fans to join a petition by the organization SumOfUs. Read More »»

Jersey company wins Botox maker with $66 billion offer

Source: NJBIZ

The battle for Botox maker Allergan Inc. appears to be over — and the winner is not Bridgewater-based Valeant Pharmaceuticals, but a different New Jersey company. Read More »»

Feds release Pa. insurance premium rate change data

Source: Central Penn Business Journal

The federal government has released 2015 premium rate change data on all individual and small-group health insurance plans. Read More »»

Cleanup begins in Reading Outlets fire; owner says renovation to take a year

Source: Lehigh Valley Business

The early morning hours of Oct. 18 proved to be a true test for Shuman Development Group of Reading after a fire ripped through the six-floor Reading Outlets Center. Read More »»

Muhlenberg Commissioners approve new development on Fifth Street Highway

Source: WFMZ News

The Muhlenberg Township Board of Commissioners held a Conditional Use Hearing for the Bellar-Seth property located on the corner of Fifth Street Highway and Bellevue Avenue at Monday night's meeting. Read More »»

Bethlehem Township officials voice traffic concerns but appear supportive of Route 33 office park

Source: The Express-Times/Lehigh Valley Live

Bethlehem Township commissioners on Monday voiced concerns about traffic that an 11-building office park at Route 33 and William Penn Highway would bring but appeared generally supportive of the project. Read More »»

Google Glass future clouded as some early believers lose faith

Source: Reuters

After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday. Read More »»

Halliburton buys rival in mega deal

Source: CNN Money

Halliburton (HAL) said Monday it will spend $34.6 billion to acquire Baker Hughes (BHI). Read More »»

Amid growing alarm in Atlantic City, monthly revenue report is a mixed bag for casinos

Source: NJBIZ

With four Atlantic City casinos having closed this year and another in danger of going dark next month, the properties that remain appear to be reaping the benefits. Read More »»

Pa. budget shortfalls will grow to $2.5B by 2019-20

Source: Central Penn Business Journal

Commonwealth revenue is projected to grow, but it will not keep pace with expenses in the coming years, according to the latest economic and budget outlook from the state's Independent Fiscal Office. Read More »»

Pocono businesses, which lost up to $100M during manhunt for accused killer, are on the rebound

Source: Lehigh Valley Business

As Pocono businesses were preparing to enter into one of the region’s busiest times of the year – fall foliage and deer-hunting season – they had no idea it would all come to a near-halt. Read More »»

Work begins Monday on Allentown's Basin Street

Source: WFMZ News

Installation of much-discussed safety improvements on Allentown's busy Basin Street will begin Monday. Read More »»

Center City Allentown high-end apartments renting far faster than expected, developer says

Source: The Express-Times/Lehigh Valley Live

Developer J.B. Reilly has been building apartments for 25 years, but he's never seen demand like he's seeing now for his high-end apartments in Center City Allentown. Read More »»

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This CEO is no turkey; Boscov is working the holiday

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HR power on the rise

Don't know exactly when it occurred, but human resources departments have...

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Better employee engagement, better bottom line

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Business Events

Business of the Year
Tuesday, December 9, 2014
Healthcare Heroes
Tuesday, April 14, 2015

Special Editions

Health Care Update 2014

Health Care Update 2014
Our 16-page special supplement examines trends in health care as they affect businesses and the consumer in the region and beyond. Health Care Update 2014 also includes exclusive interviews with health system executives and lists of regional hospitals, health insurance companies, benefits consulting firms and more.

Fastest Growing Companies 2014

Fastest Growing Companies 2014
Our 20-page special supplement honors the 30 fastest-growing companies in the Greater Lehigh Valley. They’ve all demonstrated the skill, effort and foresight to flourish — regardless of the economic conditions.

PPL Center 2014

PPL Center 2014
The opening of PPL Center in Allentown signals another watershed moment in the remarkable revitalization of the city’s downtown. Our 20-page special supplement looks at the making of the arena, its impact on the economy here and beyond, and what it means to the future of the region.

CFO of the Year Awards 2014

CFO of the Year Awards 2014
Lehigh Valley Business honors the financial executives who keep the wheels turning for their companies and the entire region. Our 28-page special supplement fetes these professionals — who typically toil and strategize behind the scenes yet are ever so vital to success.


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