Racial inequities in the unemployment count persist, according to the United States Department of Labor’s April Jobs Report.
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Banking & Finance
Mid Penn underwrites public offering of 2.99 million shares of common stock
Mid Penn Bancorp Inc., the parent company of Mid Penn Bank, announced that it has completed its underwritten public offering of 2.99 million shares of common stock at a price of $25 per share, before underwriting discounts.
Read More »Tompkins VIST Bank changing name – to Tompkins
The company said the change will align the Berks bank with Tompkins Financial’s three other affiliated banks as it consolidates the banks into a single charter.
Read More »You can’t do it all alone:’ Capital BlueCross’ Ann Corley Baum on how to be an effective leader
Capital Blue Cross' Baum shares the rules she lives by to maximize her productivity and effectiveness as a leader.
Read More »Report: Business owners see ‘hope on the horizon,’ but a new guard is taking over
Buffeted by the pandemic economy, many businesses invested in e-commerce and other technology to meet customer needs. That’s one of the findings of the most recent quarterly Business Owner Outlook report from Wilmington Trust and M&T Bank. The national survey also showed that chaos brought by COVID-19 has caused some changing of the guard and early retirements.
Read More »Hatch Biofund receives $5M investment
The Pennsylvania Biotechnology Center in Doylestown received another major pledge for investment in the nonprofit’s Hatch Biofund.
Read More »Ben Franklin announces latest investments
Ben Franklin Technology Partners of Northeastern Pennsylvania has announced that it has made more than $207,000 in investments in local companies.
Read More »Gov. Tom Wolf lifts all COVID restrictions except mask wearing on Memorial Day
Pennsylvania will lift all COVID-19 restrictions except the order to wear a mask in public on Memorial Day. Restaurants, bars, and indoor and outdoor gatherings will no longer have capacity restrictions as of May 31.
Read More »Tatamy company goes from fear to fortune with business pivot
A more than 100-year-old Tatamy company had a record year in 2020 thanks to a little luck and its decision to position itself to serve an industry that began booming during the COVID-19 pandemic: logistics.
Read More »PPP’s extension gave borrowers needed time to apply, funds expected to dry up before end date
An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.
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