
Regional retail portfolio on the block
A portfolio of 16 shopping centers across Central and eastern Pennsylvania is hitting the market.The centers, including some in Cumberland, Lebanon and York counties, are
A portfolio of 16 shopping centers across Central and eastern Pennsylvania is hitting the market.The centers, including some in Cumberland, Lebanon and York counties, are
During the 34 years he’s been a board member at F&M Trust, G. Warren Elliott has seen “too many” community banks disappear in mergers and acquisitions.Elliott, F&M Trust’s chairman since 2012, does not want the Chambersburg-based bank to join their ranks, but he knows the lender will have to work to preserve its independence.“We can’t […]
A suburban Harrisburg golf course is the latest plot of land in the region to draw attention from developers of data centers, power-hungry computing facilities that are vital to the growth of artificial intelligence.Would-be buyers with data centers in mind have shown an appetite for the Dauphin Highlands golf course, according to Jeannette Krebs, spokesperson […]
FirstEnergy is laying off about 350 people across its five-state territory, including 75 in Pennsylvania, where it does business as Met Ed, West Penn Power and other brands. The cuts represent less than 3% of the Ohio-based company’s workforce overall and are not expected to affect the company’s ability to maintain electric infrastructure, which is under growing pressure […]
Diopsys Inc., a medical device company based in Middletown, has agreed to pay up to $14.25 million for allegedly violating state and federal laws by submitting false claims to Medicaid and Medicare, according to the U.S. Attorney’s Office for the District of New Jersey.Diopsys, which was formerly based in New Jersey, developed a device that […]
Dominic Giovanniello has joined the commercial litigation group of Saxton & Stump, a Lancaster-based law firm.Giovanniello represents clients in civil litigation throughout Pennsylvania, handling complex disputes involving corporate law, real estate transactions, zoning regulations, and trusts and estates matters.He has a law degree from Widener Commonwealth Law School and a bachelor’s degree from Shippensburg University.The […]
An investment group affiliated with York-based contractor Royal Square Development & Construction has acquired Holy Hound Taproom, a bar at 57 W. Market St. in downtown York. Terms of the transaction, which closed March 31, were not disclosed. But former owner Scott Eden listed the roughly 6,000 square-foot venue and its liquor license for sale at nearly […]
Due to recordkeeping lapses by UPMC Health Plan, a state agency reimbursed the health insurer for Medicaid recipients who were not eligible for the program, including some who had died, according to an audit released yesterday by the office of Pennsylvania Auditor General Tim DeFoor. The resulting overpayments to UPMC totaled $357,048 in 2022, according to the audit, […]
A local hotelier is planning to bring a startup hotel brand to Lancaster, York and other towns in Central Pennsylvania and the Lehigh Valley. Shakher Patel, co-founder of Lancaster-based Destiny Partners LLC/Destiny Hospitality LLC has signed a franchise agreement with stayAPT Suites to open five of the brand’s extended-stay hotels.In an interview with biznewsPA, Patel said he hopes to begin […]
Orrstown Bank is asking a federal bankruptcy court to delay a hearing on the sale of a New Jersey beach house owned by Daryl Heller, the Lancaster County businessperson at the center of multiple legal and financial disputes.Heller is seeking court approval to sell the house, which is under contract at a price of $6.43 […]