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 Upper Macungie Planning Commission last week unanimously recommended final approval for a plan to expand XPO Logistics, a freight transportation company.

Air Products' sale of its liquefied natural gas business to Honeywell includes operations in Allentown and Port Manatee, Florida, that employ about 475 people.

Lehigh University will host 2024 StartUp Lehigh Valley on October 15, 2024. During the live shark-tank style pitch competition, local entrepreneurs will have a chance to pitch their business to judges for cash prizes

Tom Perez, a senior adviser to President Joe Biden, said a $208 million matching grant to Volvo will grow the middle class and help fight climate change.

Easton Loves Local is coming hot off Restaurant Week, showcasing the downtown's independent retailers who will feature special limited-edition products and treats.

A compromise has been reached between federal, state and local officials that will allow construction of a temporary, free-standing rockfall barrier where a rockslide occurred on Route 611 in December 2022.

Allegiant Air has grounded all flights set to depart before 2 p.m. Eastern time, including those set to take off from Lehigh Valley International Airport, due to a technical issue associated with Microsoft.

An early part of the specific land development for Lehigh Valley Town Center project has taken shape, with more expected to come.

Cortex Residential is set to receive $14.3 million from the Pennsylvania Housing Finance Agency to support its project to build 38 units for people with low-to-moderate incomes.

The Lehigh Valley Transportation Study recommended the second phase of studies to restore passenger rail to the region as some major logistic concerns remain about the process.

River Crossing YMCA and Giant celebrated their burgeoning community impact and expanding food programs in Bethlehem on Tuesday afternoon.

Pennsylvania's new $47.6 billion budget sets aside $500 million to improve old industrial sites so new businesses can expand or relocate to the properties.