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Wolf approves loans for five small businesses
The funding, announced May 8, was made available through the Pennsylvania Industrial Development Authority. The authority provides loans to both start-up and established businesses that intend to create and maintain full-time jobs in the state. “The funding announced today will help these businesses grow or expand by providing capital at[...]
Health systems face challenges to nonprofit status
Two school districts in the Lehigh Valley are challenging the tax-exempt status of two major hospital networks in an effort to force the nonprofits to pay property taxes. In Allentown, officials are asking a nonprofit medical practice to pay the city’s business privilege tax. And Pennsylvania’s top lawyer is challenging[...]
Court tosses UPMC lawsuit against Pa. Attorney General
The lawsuit – filed in response to Shapiro’s attempt to extend a consent decree governing the relationship between UPMC and Highmark –argued that the attorney general had no authority to change the agreement. Shapiro’s motion to dismiss the case was granted April 24 by U.S. District Judge John E. Jones[...]
Online clothing retailer Lulu’s to create over 460 new jobs in Palmer Township
The predicted $6 million, 250,000 square foot project is expected to create over 464 jobs over the next three years. Headquartered in Chico, California, Lulu’s was founded in 1996 and offers apparel, shoes and accessories designed for young women. Lulu’s co-founder and CEO Colleen Winter said that the decision to[...]
Business: Trump’s China tariffs met with retaliation threats from Beijing
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Nation: Marches across the U.S. protest separation of migrant families
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Out of the Ordinary: Czech president torches underpants; stunt stuns journalists
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Developer gets extension on 33-story Landmark Tower plan in Allentown
And on Tuesday, the planning commission extended the final project approval through July 2019, said Bruce Loch, developer of Landmark Tower and a Certified Public Accountant who leads an accounting and consulting firm in South Whitehall Township. He has not started construction on the $70 million 220,000-square-foot-building, which would go[...]
Business: AT&T’s Time Warner takeover wins judge’s approval in defeat for Justice Dept.
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