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.

Shannon Torres, a customer service representative with the U.S. Postal Service, shared tips and tricks to make sure gifts arrive on time and intact.

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

Originally beginning as an online dumpling delivery service, this weekend Kerri McCarthy and Vasa Li will open a brick-and-mortar shop called Angry Dumpling in Nazareth.

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.

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.

Community Action Lehigh Valley celebrated its 60th anniversary of assisting low-income folks on Wednesday.

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

Crayola celebrated its 10th annual "64 Seconds of Color Shopping Spree," pairing three local children with Marines to spring the store and collect as much merchandise as they could carry, with the company providing matching contributions to local Toys for Tots programs.