Officials in Cumberland County cleared a major hurdle yesterday in their efforts to redevelop a former factory at the edge of Carlisle.They were awarded more
Curt Myers, the chairman and CEO of Lancaster-based Fulton Financial, has been named to the board of the Federal Reserve Bank of Philadelphia. Effective April 15, Myers is a class A director, meaning he is one of three board members representing the banking industry. Other members of the nine-person board represent the public. Myers succeeds Chris […]
Veronica Morrison has been hired by law firm McNees Wallace & Nurick.Morrison will work out of the firm’s Harrisburg office and is joining its construction and procurement group. She previously was a shareholder at Stevens & Lee, focusing on construction and real estate litigation.Morrison advises clients on all project phases, from preconstruction planning and contract […]
Rite Aid said yesterday it is filing for Chapter 11 bankruptcy for the second time in two years. While the pharmacy chain emerged as a smaller, leaner company after its last trip through bankruptcy court, it is bracing this time for a sale. “While we have continued to face financial challenges, intensified by the rapidly evolving retail and […]
Pennsylvania’s economy has been shaken by the rise of manufacturing in China and a shift in the U.S. population to the South and Southwest.But there are still levers the state can pull to boost its fortunes, and that’s where the focus is for Luke Bernstein, president and CEO of the Pennsylvania Chamber of Business and […]
One of the capital region’s oldest and largest factories will be closing indefinitely this summer due to weak demand for its products, which include steel rails for trains, cranes and trolleys. Ohio-based steelmaker Cleveland-Cliffs said Friday it plans by June 30 to wind down production at its plant in Steelton, along with plants in Conshohocken and Riverdale, Illinois.The […]
WellSpan Health and Inch & Co. reached a settlement in a lawsuit filed last week by WellSpan over a proposed sports complex on which they have been partnering, according to a WellSpan spokesperson and an Inch & Co. executive. The settlement includes transferring ownership of the sports complex site to WellSpan, according to health system spokesperson Ryan Coyle. […]
Cynthia Helms has been hired as a controller for the Investment Real Estate Group of Companies.Helms has over 20 years of financial leadership expertise in real estate and fund accounting, including senior-level positions at several companies. At Investment Real Estate, she will lead a team of six accounting professionals and enhance analytical frameworks in an […]
Saxton & Stump has recruited two high-profile litigators from Philadelphia-based Kleinbard, Shohin Vance and Joshua Voss. They are joining Saxton & Stump as shareholders in the Lancaster-based law firm’s commercial litigation, appellate and post-trial advocacy, and regulatory and government relations groups. Vance will be based in the firm’s Malvern office, while Voss will work out of […]
Citing federal pullbacks in the area of consumer protection, the Shapiro administation yesterday unveiled a new hotline, website and email address for complaining about banks, insurers, student lenders and other financial services providers. State residents can now call 1-866-PACOMPLAINT, visit pa.gov/consumer or email [email protected] to report their concerns.Pennsylvania has its own set of laws designed to protect […]
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