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.

Bob Born was formerly president of Just Born Quality Confections, the Bethlehem-based company that makes Peeps and Hot Tamales.

The hotel used to be called the Holiday Inn Conference Center, but it has been completely renovated and rebranded.

After 50 years in business at Westgate Mall in Bethlehem, Hawk Music must vacate its location due to planned renovations at the mall.

Mayor Matt Tuerk will deliver his State of the City address in public meetings next week. He presented it earlier this week during a luncheon with the Allentown Chamber of Commerce and Greater Lehigh Valley Chamber.

Nineteen of the club's 24 members are visually impaired, but that is not stopping them from striving to be "as vibrant as any club" of the international service organization.

Mayor Sal Panto Jr. says it's unfortunately part of a larger trend that is changing how small businesses operate in neighborhoods. He said the city intends to create a task force to address it.

The Palmer Township supervisors rejected a proposal for a 185,000-square-foot manufacturing center near a housing development in the northern end of the township.

The company says the issue has been resolved, but it's still asking people to pay the full amount on their bills — even if they were charged in error.

The Lehigh Valley Planning Commission's comprehensive planning committee gave preliminary approval for a warehouse development in Upper Saucon Township and a recycling plant in Plainfield Township.

The chief economist for Wells Fargo’s Corporate and Investment Bank told a Bethlehem crowd the Federal Reserve Board is unlikely to stick a soft landing as it battles inflation.

Backlogs and bottlenecks have dragged out wait times for a $350 million Pennsylvania mortgage relief program, leaving homeowners stuck in a high-stakes game of telephone.

Cupcakes with Egyptian cinnamon are just one confection customers might try as Mia & Maddie bakery moves forward with plans to open a shop in Easton.