CPBJ - Morning Roundup http://www.cpbj.com/section/roundup Morning Roundup News en-us Copyright 2015 Central Penn Business Journal Mon, 30 Nov 2015 04:10:25 EST Mon, 30 Nov 2015 04:10:25 EST http://www.cpbj.com/article/20151125/CPBJ01/151129886&source=RSS Jumbo loans carry weight in midstate Residential jumbo mortgage loans are making a comeback, and many of the big banks that offer them are starting to relax some of their standards for the product, which is designed for people buying expensive homes. Wed, 25 Nov 2015 08:24:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129886&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129887&source=RSS Midstate Estates Sold Million-dollar clusters Cumberland and Lancaster counties are home to the top residential sales in the high-end real estate market this year. Wed, 25 Nov 2015 08:24:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129887&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129888&source=RSS Beauty school closes all 4 locations, including Park City site, idling 100 students here American Beauty Academy has abruptly closed all four of its locations, including one at Park City Center, after its students lost their federal aid. Wed, 25 Nov 2015 08:23:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129888&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129889&source=RSS What about bank mergers? It's not over yet. That&#8217s what every expert, interested party and casual follower will tell you about bank mergers just from sheer colloquial knowledge of the banking atmosphere. They all say more are coming. Wed, 25 Nov 2015 08:23:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129889&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129890&source=RSS Carlisle Airport seeks grant to expand terminal, hangars Carlisle Airport is hoping to get a state grant to allow it to build a new terminal and hangars. Wed, 25 Nov 2015 08:22:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129890&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129891&source=RSS Craft brewer among businesses slated for Royal Square A new craft brewery, a burger restaurant and an engineering firm are all slated to join York's Royal Square neighborhood in early- or mid-2016. Wed, 25 Nov 2015 08:21:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129891&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129892&source=RSS Higher OSHA fines coming for violations at workplaces Companies next year could be paying significantly more for workplace violations cited by the Occupational Safety and Health Administration for the first time in 25 years. Wed, 25 Nov 2015 08:21:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129892&source=RSS http://www.cpbj.com/article/20151125/CPBJ01/151129893&source=RSS Germany's 7 billion refugee boost to outweigh VW scandal fallout As she celebrates her 10-year anniversary in office, German Chancellor Angela Merkel faces two crises. While the political fallout still is uncertain, in economic terms the positive impetus from European refugee influx is due to more than offset the negative effect of the Volkswagen emissions cheating scandal. Wed, 25 Nov 2015 08:20:00 EST http://www.cpbj.com/article/20151125/CPBJ01/151129893&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129921&source=RSS Pfizer-Allergan merger reignites tax reform discussion For almost four years, Congress and the White House have done little to make their long-promised overhaul of the corporate tax code a reality. Now the blockbuster pharmaceutical merger of Pfizer and Allergan has put new pressure on all sides to act. Tue, 24 Nov 2015 08:10:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129921&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129922&source=RSS Hedge fund Elliott Management grabs 6.4 percent stake in Alcoa Activist hedge fund Elliott Management disclosed Monday that it has taken a major stake in Alcoa Inc. and plans to push the aluminum producer to look for ways to increase profitability ahead of its split into two companies. Tue, 24 Nov 2015 08:08:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129922&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129923&source=RSS Former Heinz CEO Anthony J.F. O'Reilly declares bankruptcy Former H. J. Heinz Co. chief executive officer Anthony J. F. O&#8217Reilly has been declared bankrupt by a court in the Bahamas, which clears the way to file for an insolvency arrangement, according to the Irish Times newspaper. Tue, 24 Nov 2015 08:06:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129923&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129924&source=RSS Pa. Senate narrowly rejects measure to kill school property tax The Senate is narrowly rejecting a measure to eliminate school property taxes statewide by replacing the money with increases in state tax rates on sales and income. Tue, 24 Nov 2015 08:02:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129924&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129925&source=RSS Baker leaves city events role for Warfel Construction Jennifer Baker, director of Lancaster city&#8217s Office of Promotion and its predecessor, the Mayor&#8217s Office of Special Events, since December 2006, has joined Warfel Construction as an account executive. Tue, 24 Nov 2015 08:01:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129925&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129926&source=RSS York College student's winning elevator pitch draws interest from Apple Glow-in-the-dark contact lenses a mobile app that lets you keep watching a movie when you leave the theater to visit the restroom a company that crowd-sources investments in residential real estate a game app that combines elements of charades, SnapChat and Words With Friends and a music app that lets you add text and pictures to snippets of. . . Tue, 24 Nov 2015 07:58:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129926&source=RSS http://www.cpbj.com/article/20151124/CPBJ01/151129927&source=RSS Midstate Estates Listed Land, luxury and a blend of high-end history Active listings in the high-end range of the residential real estate market run the gamut in terms of curb appeal. Tue, 24 Nov 2015 07:56:00 EST http://www.cpbj.com/article/20151124/CPBJ01/151129927&source=RSS