Congress shores up pension, health care benefits for coal miners
Retired Pennsylvania coal miners will see their retirement and health care benefits preserved thanks to a bipartisan, end-of-year federal government spending deal announced this week.
B. Braun hires new CEO
B. Braun Medical Inc. of Bethlehem said it hired Jean-Claude Dubacher as chairman and CEO effective Jan. 1, 2020.
Mexican restaurant signs lease for former home of Tilted Kilt
The former home of Tilted Kilt, a Celtic-themed sports pub in Allentown, will soon become Plaza Azteca, an authentic Mexican restaurant.
Residents start moving into completed senior living community
Now that the assisted living portion of The Village at LifeQuest is now open, residents have started moving in. And on Dec. 13, the Upper Bucks Chamber of Commerce hosted a ribbon cutting to celebrate the opening.
Used car retailer plans to open near Route 33
CarMax, a used car retailer based in Richmond, Virginia, plans to open a store in Lower Nazareth near Route 33 in spring 2020.
Via appoints new president, CEO
Via of the Lehigh Valley has named a new president and CEO.
“Talent Poverty” to remain big issue for employers next year: LVB’s Outlook 2020 forecasts changes for business
The nation’s low unemployment rates will contribute to a continued skilled labor shortage for employers, according to panelists at Lehigh Valley Business’ Outlook 2020. Outlook 2020, held Dec. 11 at Blue Grillhouse in Bethlehem Township, brought together leaders from multiple industries to speak on the forecast for business for the upcoming year.
Brewers face 100% tax increase unless Congress acts
In fewer than 30 days, the revised federal excise tax rate for more than 350 small and independent brewers in Pennsylvania will expire. If that occurs, it would mean higher taxes for brewers across the state and potentially, higher prices for consumers.
Fidelity to acquire parent company of Merchants Bank in $78.5M deal
Fidelity D&D Bancorp of Dunmore announced it would acquire MNB Corp and Merchants Bank, MNB’s wholly owned subsidiary bank in a deal valued at about $78.5 million.
Pa. Attorney General fights changes to overtime calculation for workers
Pennsylvania’s Attorney General Josh Shapiro is opposing a proposal by the U.S. Department of Labor that would change the method employers use to calculate overtime. Shapiro argues that the department’s proposed expansion of the application of the fluctuating workweek method compromises worker safety, reduces workers’ compensation for overtime work, and makes it more difficult for employers[...]
A veteran advantage: At Geisinger, offering paid leave to reservists is raising morale and boosting recruiting
Early this fall, Geisinger implemented a policy that grants 80 hours of paid military leave. LVB talked to a military reservist who lobbied for the benefit. He sees positive results for the both the company and its employees.
$8M expansion project signifies growth for medical device manufacturer
A ribbon cutting celebration at Tyber Medical Inc. and a tour of its newly expanded manufacturing facility on Monday helped highlight the growing orthopedic device company’s efforts to establish a significant presence as a major Lehigh Valley employer.