Ben Franklin Technology Partners of Northeastern Pennsylvania in Bethlehem has released its latest round of investments, with a lion’s share of the funds going to a Snyder County snowboard manufacturer.
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Banking & Finance
State senators aim for fairer corporate taxes, closure of ‘Delaware loophole’
Democratic state lawmakers are drafting legislation to institute a combined reporting requirement for the state’s corporations, requiring them to accurately and comprehensively disclose revenues earned in Pennsylvania.
Read More »South Whitehall’s Creditsafe to expand database into Africa
Creditsafe, a South Whitehall Township-based global credit monitoring company, specializing in credit checks for business, has extended its global database to include 47 African countries.
Read More »Peoples Security plans to open bank in Doylestown this spring
Scranton-based Peoples Security Bank & Trust Co. broke into the Lehigh Valley market when it opened its first branch in Bethlehem in 2014 and now, it’s eyeing an expansion into the Doylestown market.
Read More »Wells Fargo economist gives U.S. business sector a ‘C’
During a speech at the Greater Lehigh Valley Chamber of Commerce’s Economic Outlook at ArtsQuest in Bethlehem, Bryson said he does not see the U.S. headed for a recession in the near future, but profit growth has been flat for American businesses.
Read More »Wagering analysts expect $400M in Super Bowl bets with up to $80M in Pa.
Super Bowl LIV is coming up on Sunday and those who keep watch on the sports betting industry are expecting around $400 million in wagering in the U.S., with Pennsylvania enjoying a fairly big slice of the pie.
Read More »Stock Market program to inspire Carbon County teens
For the first time, the Pennsylvania Council on Financial Literacy is bringing its Stock Market Challenge to secondary school students in Carbon County, so that they can learn about investing and other important financial skills.
Read More »Gov. Tom Wolf proposes boosting minimum wage to $12 by July
Governor Tom Wolf called for Pennsylvania to raise its minimum wage from $7.25 to $12 by the beginning of July.
Read More »Allentown-based Bradley Pulverizer acquired by Kercher Enterprises
Curt Snyder, the owner, president and CEO of North Lebanon Township-based Kercher Enterprises, acquired Bradley Pulverizer Co. on Jan. 14.
Read More »Pennsylvania joins petition to give SEC more power to protect investors
Pennsylvania’s top law enforcement officials filed a brief this week arguing that the federal Securities and Exchange Commission should have the power to require defendants accused of defrauding investors to give back their fraudulent earnings.
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