Business News

The monthly report from the Greater Lehigh Valley Realtors shows home sales down 32 percent in September from September 2022. Low inventory and higher mortgage rates are to blame, officials say.

Pharmacy chain Rite Aid said late Sunday that it has filed for bankruptcy and now is focused on a restructuring plan that will close underperforming stores — including several in the Lehigh Valley.

Take a look at stories that ran throughout the week of which we are most proud, had a profound impact on readers or that you might want to look at again.

City planners voted 3-0 to approve land development plans for the hotel. The developer has a number of tasks to complete before receiving building permits.

Though Ideal Tower will have three fewer floors than the PPL Tower, it's set to stand 326 feet high — four feet taller than the iconic Allentown structure.

The Upper Macungie Planning Commission will discuss a plan for a manufacturing facility at 110 PA Route 100. A 150,000-square-foot warehouse has been proposed at the same site.

Western Lehigh Services, a commercial landscaping and snow management firm, is planning expansion into a new location in Lower Macungie Township.

Union workers walked off the job at Mack Trucks' facility in Lower Macungie Township and other locations Monday morning — a week after both sides announced a tentative deal.

Have you been following the news in the Lehigh Valley this week? Find out how many of these questions about happenings and news around the Lehigh Valley you can answer correctly.

Ripple Community Incorporated wants to put a dozen apartments into the former Emmanuel United Church of Christ at 1547 W. Chew St.

Zoning approval was granted for the 54.4-acre mixed use development at 617 N. Krocks Road including apartments, a hotel and retail space. The development will now have to address comments and submit land development plans to the township.

The government’s response to the failure of two large banks has already involved hundreds of billions of dollars. So will ordinary Americans end up paying for it, one way or another?

A Northampton County Judge found the Tally Ho Tavern to have implemented necessary remedies to past violations, thereby reversing a ruling by the Pennsylvania Liquor Control Board denying renewal of its liquor license.

The building in South Bethlehem served as a Bethlehem Steel firehouse for decades. It was renovated in the early 2000s and contained a venture capital firm. Now an employee benefits consulting firm will make it its new headquarters.

The Greater Lehigh Valley Realtors' report highlights various housing statistics for February, including decreased closed sales, an increase in median sales price and a drop in pending sales.

The the Pa. Chamber of Business and Industry is putting out its own bracket called “Coolest Thing Made in PA.”

The daughter of the current owner, who has worked there for more than 20 years, reflects on seeing her community grow up.

Ethia and Garry Dulorie purchased the almost 4,000-square-foot building at 3001 W, Emaus Ave. for an expansion of The Lehigh School Academy of Early Education.

The township's board of comissioners quickly moved to pass their permits on Monday.

Dozens of employers will be offering all kinds of opportunities.

The Allentown Zoning Hearing Board unanimously approved the demolition of existing buildings at 949-959 Hamilton St. in the Downtown West section of the city, where a five-story hotel, bar and restaurant are planned.

Josh Shapiro will be the first sitting governor to attend the Lehigh Valley Economic Development Corp.'s annual meeting.