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.

The applicant requested the meeting be postponed, according to city officials.

The settlement will reshape how costs are assigned in response to rapidly growing electricity demand from large users such as data centers.

Data centers dominated discussion for more than three hours as Allentown City Council held a public hearing on proposed regulations before voting hours later to table them.

Proposed regulations on data center are set to come too late to affect a proposed "hyperscale" facility in South Allentown.

From large-scale warehouse expansion and emerging data center projects to pharmaceutical giant Eli Lilly’s arrival, the live show put the region under the microscope during a period of significant change.

Electric customers across Pennsylvania will see higher supply rates beginning June 1, adding new pressure to household budgets just as air conditioning demand starts to climb.

The Spirits name pays homage to the Lehigh Valley Phantoms hockey franchise and looks to build on its success since 2014, which inspired brothers Rob and Jim Brooks to launch another professional team.

On Thursday, ArtsQuest and public officials gathered for a ceremonial "brick-breaking" marking the start of construction work at the former Bethlehem Steel Turn and Grind Shop at SteelStacks in Bethlehem.

The developer behind the Dixie Cup project was seeking a 20-year agreement that could have generated about $26 million.

What was once a long-vacant, deteriorating building on East Third Street is being reimagined as a mixed-use anchor in South Side’s ongoing revival.

The longtime owner of Braveheart Highland Pub is looking to pass the torch — but not close the doors.

The iconic Dixie Cup structure is set to be restored as part of Skyline Investment Group’s plans to turn the long-vacant industrial site into more than 400 apartments.