Business News

The discount retailer last announced it was attempting to navigate its Chapter 11 proceedings after its intended sale to Nexus Capital Management appeared to fall through. In looking for an "alternative going concern transaction," Big Lots announced its sale to Gordon Brothers Retail Partners early January.

Continued economic growth for the Lehigh Valley was predicted during at “Sizing Up 2025: Lehigh Valley Economic Outlook” at the ArtsQuest Center at SteelStacks on Tuesday. The event, presented by Truist and the Greater Lehigh Valley Chamber of Commerce, featured speakers who shared a positive economic picture of the Lehigh Valley and the nation.

Famed chef Jose Garces announced Tuesday he will open two restaurants downtown this spring.

PPL Electric Utilities' President Christine Martin says Pennsylvania needs to allow changes in the energy sector or risk widening the gap between between supply and demand for consumers.

Rich Rudolph and son, Rich, opened Mason's Famous Lobster Rolls at The Promenade Center Valley this month. The Lehigh Valley natives are the first franchise owners of the chain in Pennsylvania.

The Giant Company announced its move from Emaus Ave. to Lehigh St. in Nov. 2023, with construction set to begin in 2025. Demolition began this month at the site of the former Bon-Ton in the South Mall.

Join Sarah White and Tim Betz on a virtual Zoom call at noon on Wednesday, Jan. 29.

A cold snap that sent temperatures near historic lows brought record winter demand for electricity across numerous regional grids and service territories, including the Lehigh Valley.

Air Products shareholders at their annual meeting elected a new slate of board directors that did not include Chief Executive Officer Seifi Ghasemi, who has led the company since 2014.

The boutique hotel in Downtown Allentown opened on Jan. 15 and is already booking dates for when the Archer Music Hall opens in March.

The 2024-25 Pennsylvania State Budget introduced updates to the state's complex liquor laws, including extended happy hours and ready-to-drink cocktails. The Pennsylvania Liquor Control Board already received over a thousand RTDC applications and has begun permitting with the law effective Sept. 16.

Cut the Scrap! opened in June on North 19th Street in the West End of Allentown. Crafters can trade in secondhand art supplies, shop for goods or take an art class.

SpaceX’s capsule Polaris Dawn splashed down in the Gulf of Mexico in the predawn darkness early Sunday. Returning to Earth were two SpaceX engineers, a former Air Force Thunderbird pilot and tech entrepreneur Jared Isaacman of the Lehigh Valley. Isaacman became only the 264th person to perform a spacewalk.

Grand View Health signed a nonbinding letter of intent to evaluate the potential of it joining St. Luke's University Health Network. Letters to employees of both health care companies went out Friday to alert them of the potential partnership.

Mad Catter Coffee Roasters celebrated its grand opening at the Allentown Economic Development Corporation’s Bridgeworks Enterprise Center.

The Bethlehem City Planning Commission approved a 52,395-square-foot addition proposed for 2300 City Line Road, near the Airport Road intersection.

Upper Macungie Township held a groundbreaking ceremony on Thursday for a $47 million Lifestyle Community Center to be built at Grange Park.

Colonial Intermediate Unit 20 in Forks Township celebrated the grand opening of Colonial Cafe 71, a coffee shop which helps teach employment and life skills.

The Allentown Fairgrounds Farmers Market officially added The Brass Rail to its list of merchants Thursday morning — the first time the eatery has been in operation since it shuttered on Lehigh Street in June 2022.

A 4.62-acre mansion in Salisbury Township that took the community by storm when it burned years ago is now officially up for sale, by the township itself after obtaining ownership of it through a "generous" donation.

Early Tuesday, Jared Isaacman, a billionaire entrepreneur who has a home in the Lehigh Valley, launched into space for a second time as part of a mission dubbed Polaris Dawn. The launch was visible in the area.

American investors are endangering national security by empowering adversaries like China and Russia to develop technology such as artificial intelligence and quantum information science, U.S. Sen. Bob Casey said. He's looking to limit how American companies invest in key industries in "countries of concern" and how they can in turn invest in American businesses.