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.

In a hearing in Bethlehem Wednesday, officials responsible for oversight of Wind Creek said they didn't know of any reason the casino shouldn't be allowed to operate for another five years. Casino officials also share plans for capital spending, including new restaurants and a site plan in progress for the former Bethlehem Steel works.

The Lehigh Valley will soon get its first Raising Cane's. The Louisiana-based fast food restaurant offers chicken fingers, crinkle-cut fries, coleslaw, Texas Toast and its signature "Cane's Sauce."

Lehigh Valley International Airport officials cut the ribbon Thursday on a new restaurant. Two more new eateries will open there later this year.

A release from PPL said scams are up 250% over 2023. Customers are urged to report scams to 1-800-342-5775.

Easton City Council approved a new Project Stabilization Agreement with the Greater Lehigh Valley Building and Construction Trades Council that could lead to more local union workers scoring high-cost government projects.

Taxpayers will foot the bill for lawyers on both sides if issues between Allentown Mayor Matt Tuerk and council end up in court.

Bethlehem Parking Authority officials said the Walnut Street Garage is on track to meet its scheduled completion date. But there's still no word on what will go in next to the garage.

U.S. Specialty Formulations, based in Allentown, announced Wednesday it would expand its biopharma facility by $15 million. As a result, the expansion could add over 100 jobs to the area.

Valley Youth House announced it received a $1 million gift from the Topper Foundation. The nonprofit agency plans to place the money in its endowment fund to support local programs.

After more than a year of hard work, Easton's South Side saw the grand opening of Bravo Supermarket on Tuesday, offering city residents much-needed access to fresh food and pantry staples.

Lehigh Valley planning officials on Tuesday suggested the city install physical barriers, including curbs and walls, between the road and plaza to ensure pedestrians' safety.

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