Business News

D&D Realty plans to buy the PPL Tower in January if it earns approval Monday night from Allentown's Zoning Hearing Board.

More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can lead consumers to overextend themselves and warn that those who use credit cards for the service face higher interest expenses.

Officials have confirmed the Easton office of Hearst Magazines has been impacted by the layoffs announced last week, with union heads expressing outrage over the decision.

In a release Monday, the PUC said prices would adjust December 1. That means all customers will see changes in the price-to-compare from competitive suppliers against the rate of the default utility.

The health network recognized Bill and Denise Spence for their philanthropy, inspired by their daughter's pregnancy experience. Bill Spence is retired CEO of PPL Corp.

A former Plainfield Township supervisor implored the Lehigh Valley Planning Commission to review a 1988 impact study before giving its approval to a zoning amendment request to expand the Grand Central landfill operated by Waste Management.

FirstEnergy sought to raise local customers' electric bills by more than 9%, but the Pennsylvania Public Utility Commission blocked the higher rate.

Allentown officials were working to hire an architect and engineer before a Dec. 31 deadline on federal pandemic-relief funding.

Organic whole and baby carrots linked to Grimmway Farms, including several brands available in stores throughout the Lehigh Valley, have been recalled due to concerns of E. coli.

Sophie Vandecasteele is hoping to open Sophistiqué before Thanksgiving, with a soft opening set for Friday, Nov. 22, at 924 Walnut St.

The $20 million mixed-use development is offering 75 apartments with one- and two-bedroom varieties among other things.

$2.5 million of renovations are completed for the Victory Firehouse in Southside Bethlehem as BSI Corporate Benefits' new headquarters. The renovations include modern office spaces, technology improvements, a new kitchen and re-adding firehouse-like garage doors.

Allentown officials and City Center representatives have said the new zoning regulations will lay the "framework" for the developer's ambitious plans.

Blackstone Structures’ Gary Newman said he considered refurbishing or moving the buildings in lieu of knocking them down, but those projects were too expensive and infeasible.

Another pediatric emergency room now is open in the Lehigh Valley. St. Luke’s University Health Network on Monday opened the Isaacman Family Children’s Emergency Room, after establishing a children’s hospital this past June.

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.