Appearing March 13 at a Scranton union hall, Gov. Josh Shapiro laid out plans for speeding up Pennsylvania’s shift to cleaner forms of electricity while
A Massachusetts-based company has agreed to pay $270 million in cash for a London-based firm that sells anti-counterfeiting products and services.The firm is OpSec Security, which has operations at two locations in the Greenfield business park in East Lampeter Township, Lancaster County. OpSec had been on a path to go public this year by merging with […]
Mid Penn Bancorp is fielding a sports and entertainment division designed to cater to the financial needs of high-profile athletes and entertainers.The unit formalizes an area where Mid Penn already has been making inroads, said Jordan Space, the bank’s COO. Many celebrities have come to know and trust the Harrisburg-based bank through its annual celebrity golf tournament […]
After two years of explosive, post-pandemic growth, Pennsylvania’s job growth is returning to its pre-pandemic form.Revised numbers indicate the state’s employers added roughly 80,800 jobs in 2023, though the numbers could be revised further, according to L&I. That compares with six-figure growth in 2021 and 2022, when the economy was recovering from the depths of the […]
Four months after taking the field, a statewide venture fund is taking its first shots.The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which helps […]
About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a nonprofit focused on creating affordable housing, with a focus on people experiencing homelessness.Their first project was the purchase and conversion of a single-family home at 639 E. Chestnut St. Over the next decade, the nonprofit […]
TEAMology, an education technology startup based in Chambersburg, has hired Gretchen Thompson as its first-ever chief revenue officer, where she will lead sales, business development, strategic partnerships and marketing initiatives.Thompson has held sales, marketing and leadership positions for a number of education-related startups, including ClassLink, Qwizdom and Vizzle. She worked most recently for Baltimore-based Allovue, which developed finance software for […]
A state court has handed a preliminary legal victory to a business owner in a fight over the cost of connecting solar projects to the electric distribution system.The Pennsylvania Public Utility Commission had objected to the business owner’s lawsuit on procedural grounds. But in a ruling last week, Commonwealth Court overruled the objections, allowing the case […]
Frontier Airlines is ending service at Harrisburg International Airport effective May 13, according to HIA spokesperson Scott Miller. Frontier offers nonstop flights from HIA to Orlando and in previous years had offered a nonstop flight to Denver. The change is part of a larger reshuffling of Frontier routes, including the addition of 17 new flights around the U.S. […]
Pennsylvania employers added more than 111,000 jobs in 2023, pushing the number of nonfarm jobs to a new state record, nearly 6.2 million, according to the Department of Labor & Industry.The jobless rate, meanwhile, was at 3.5%, down from 4.3% a year earlier. But things may not be as healthy as they look. Pennsylvania could be […]
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