Business News

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.

Lehigh Valley International Airport served a record number of passengers in 2024, according to a news release on Wednesday from the Lehigh-Northampton Airport Authority.The airport served 1,012,240 passengers last year, an increase of 8.7% from 2023.Also, Allegiant Air will resume service from ABE to Denver and Nashville starting in May.

Palmer Township's Board of Supervisors approved preliminary plans for a new Shammy Shine, set to be built next to an existing location on Kingston Road.

The National Weather Service has issued a cold weather advisory for the Lehigh Valley and other parts of eastern Pennsylvania through noon Wednesday, with wind chills dropping to as low as 13 degrees below zero.

Bethlehem Co-op Market wants members and future patrons to keep the faith. A summer opening is now the target.

Nazareth-based Martin Guitar will showcase new guitars, including an acoustic double-neck, at the National Association of Music Merchants trade show in Anaheim this week.

This year's Auto Mania automotive flea market wrapped up Sunday at the Allentown Fairgrounds. Though snow kept many attendees home Sunday, vendors and organizers said brisk business Friday and Saturday more than made up for it.

DOE has selected PPL's application for consideration in the Grid Resilience and Innovation Partnerships program.

Dorney Park officials said the first piece of Iron Menace arrived Thursday, and represents the first truckload of what will be about 68 total.

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.