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Author: Joel Berg

Entertainment

Lawsuit stakes claim to Live tour proceeds

For more than a year, singer Ed Kowalczyk has been touring under the banner of Live, the platinum-selling rock band he co-founded more than 30 years ago in York.But the agreement allowing him to use the Live name is under fire in a York County court. Former Live drummer Chad Gracey is suing Kowalczyk for […]

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Banking/Finance

Inflation, rising rates weighed on dealmaking

Rising interest rates and record inflation stifled mergers and acquisitions last year, leading to an 18% drop in activity compared to 2022 for Central and southeastern Pennsylvania, according to a report this week by accounting and professional services RKL LLP.Lancaster and the capital area bucked the regional decline, which reflected the national scene.  Nonetheless, M&A activity […]

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Accounting

Senate panel OKs tweak to tax appeals

Disgruntled taxpayers in Pennsylvania would have a new option for disputing their tax bills under legislation approved yesterday by a state Senate panel.Sponsored by GOP state Sen. Tim Hutchinson, the bill would create an independent settlement process, potentially avoiding protracted court battles over tax bills, according to its supporters, which include the Pennsylvania Institute of CPAs and Pennsylvania […]

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Entrepreneurship

For Lititz VR firm, sale is path to scale

After striking a deal with ViacomCBS, now Paramount, Lititz-based MajorMega created a virtual-reality game based on popular cartoon character SpongeBob SquarePants and the undersea world of Bikini Bottom.The two-person arcade game debuted at a convention in Orlando, Florida, said Michael Bridgman, a co-founder of the gaming company. “It was really well-received and we got a […]

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Construction

Deal brings Gannett Fleming a bigger piece of Texas

Everything is bigger in Texas, including spending on roads, bridges, pipes and other infrastructure.“It’s the place to be in our world,” said Bob Scaer, CEO of engineering firm Gannett Fleming. “And you can’t penetrate that by hiring a person to start growing. The only way in is acquisition.” For Camp Hill-based Gannett Fleming, that acquisition was […]

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Banking/Finance

Weis pressured over climate, supply chain disclosures

A nonprofit investor that tracks corporate performance on environmental, social and governance issues is asking Sunbury-based Weis Markets to beef up its disclosures on climate change and supply chain risks.The Massachusetts-based nonprofit, The Accountability Board, is seeking a shareholder vote on the issue during Weis’s annual meeting this spring.The resolution calls on Weis to produce a report on […]

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Insurance

Manheim-area insurance brokerages merge

Horst Insurance, an independent insurance agency in Manheim Township, Lancaster County, has acquired Ruhl Insurance, a smaller brokerage based in Manheim borough. The deal, which took effect March 1, returns Horst to the acquisition market after a pause of more than a decade.The firm’s last acquisition was in 2008, also involving a Lancaster-area brokerage, said […]

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Energy

Power-line developer notches victory as legal fight plows ahead

The legal fight continues over high-voltage power lines that would run through southern York and Franklin counties. The chief issue is whether state utility regulators overstepped constitutional bounds when they blocked the interstate project in May 2021.Proposed in 2017 by Ohio-based Transource, the $372 million Independence Energy Connection would ease congestion for power flowing from Pennsylvania to Maryland by constructing […]

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Economy

Report: Region’s tourist trade erases pandemic losses

The Covid-19 pandemic emptied out the region’s amusement parks and Amish attractions.But by 2022, the tourists had returned, and then some. That’s the conclusion to be drawn from the most recent annual report of the Pennsylvania Tourism Office. Spending in what the state calls the Dutch Country Roads region hit nearly $9.4 billion in 2022, up 18.3% […]

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