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Morning Roundup News Archive Page 1

CPBJ's Top 10 Retirement Communities

Source: Central Penn Business Journal

View a slideshow of the Business Journal's Top 10 retirement communities ranked by total number of living units. Full Story »»

Morning Roundup News

PNC Bank refunding customers hit by fees

Source: Pittsburgh Post-Gazette

Customers of PNC Bank who got hit with overdraft fees in recent years because the bank reordered debit card transactions from highest dollar amount to lowest are receiving refunds under a class-action settlement approved last year. Read More »»

Average pay for Washington-area CEOs more modest than national average

Source: The Washington Post

A recent analysis of 50 companies in the Washington, D.C., metropolitan region finds that the average CEO pay package fell nearly 3 percent from 2012 to 2013. Nationally, average compensation for the 1,620 companies examined remained about even, dropping 0.8 percent. Read More »»

Prices soaring for specialty drugs, researchers find

Source: The New York Times

Even as the cost of prescription drugs has plummeted for many Americans, a small slice of the population is being asked to shoulder more and more of the cost of expensive treatments for diseases like cancer and hepatitis C, according to a report to be released on Tuesday by a major drug research firm. Read More »»

China new credit declines as money-supply growth decelerates

Source: Bloomberg

China’s broadest measure of new credit fell 19 percent from a year earlier and money supply grew at the slowest pace on record, underscoring risks of a deeper slowdown as the government tries to curb financial dangers. Read More »»

US Airways unions say 'critical issues' unresolved in merger

Source: The Philadelphia Inquirer

Labor unions at US Airways will meet with CEO Doug Parker and senior management April 29 to discuss concerns and "critical issues" that they say remain unresolved since the merger of US Airways and American Airlines in December. Read More »»

Small-business owners are finding outside help during tax season

Source: Pittsburgh Post-Gazette

To tell the tale of taxes and misery, Tim Tobitsch describes an evening roughly eight years ago at the Brillobox bar in Lawrenceville. He had complained to Megan Lindsey, his co-owner at a Downtown hot dog shop, about the trouble he was having completing the company's federal tax return. Read More »»

Baseball Hall of Famer Brooks Robinson seeks $9.9M from tribe over fall

Source: The Associated Press

Baseball Hall of Famer Brooks Robinson is seeking a settlement of $9.9 million from the Seminole Indian tribe over injuries he suffered in a 2012 fall from a stage at the tribe's South Florida casino. Read More »»

Thousands of layoffs at hospitals have some pushing for more help

Source: WITF

Congress has approved a so-called "doc fix" (for the 17th time), which prevents cuts to Medicare reimbursement rates for doctors for another year, and has extended aid for rural hospitals, but some Pennsylvania hospitals are struggling. Read More »»

International biz students help regional firms abroad

Source: Central Penn Business Journal

Bait in the water doesn't guarantee the fish will bite. But it never hurts to throw in a few lines. Read More »»

EHD opens health insurance marketplaces

Source: Intelligencer Journal/Lancaster New Era

Engle-Hambright & Davies launched two private health insurance marketplaces this month — the first for the Lancaster-based broker. Read More »»

Hopewell Township tract eyed for development

Source: York Daily Record/Sunday News

Developers Monti Joines, Craig Lowe and Phil Robinson attended a recent meeting of the township supervisors to discuss a proposal for 32 homes in the residential zone off Kurtz School Road. Read More »»

$3.8 billion in property untaxed in Lancaster County

Source: Intelligencer Journal/Lancaster New Era

Lancaster Mayor Rick Gray has an idea how the county could help ease the city’s perpetual fiscal crunch: Pay taxes. Read More »»

Felicita dropping golf, spa business when it reopens in May

Source: Central Penn Business Journal

Years of losing money at Felicita Resort had to end, according to its owner. But that's led him to a new business model that will be introduced when the secluded resort reopens in May. Read More »»

Jackson's Window Shoppe moving from city to Manheim Twp. in $1.2M project

Source: Intelligencer Journal/Lancaster New Era

The Jacksons last week acquired an 18,000-square-foot warehouse at 633 Lausch Lane. They’ll turn it into a showroom, office space, production space and storage, capped with a new store front. Read More »»

Study reveals most people drive to and from work in Harrisburg

Source: The (Harrisburg) Patriot-News

If you're reading this and live in the midstate, chances are you're going to drive home this evening from your job in Harrisburg. Read More »»

West Manchester mall renovation plans out in the open

Source: York Daily Record/Sunday News

A few years after Charter Realty & Development helped successfully populate the revamped Delco Market Place with a buffet of national retailers, the firm turned its attention to the West Manchester Mall. Read More »»

ESOPs attractive to baby-boomer business owners

Source: Pittsburgh Post-Gazette

Aging baby boomer and business owner Ken Tator had several options when he wanted to cash out a portion of his largest financial asset: KTA-Tator, the Findlay business his father started in 1949. Read More »»

Coldwater Creek plans liquidation sales by Mother’s Day

Source: Bloomberg

Coldwater Creek Inc., a women’s clothing retailer that hasn’t posted an annual profit since 2007, filed for bankruptcy protection with a plan to start going-out-of-business sales in time for Mother’s Day. Read More »»

Sebelius resigns after troubles over health site

Source: The New York Times

Kathleen Sebelius, the health and human services secretary, is resigning, ending a stormy five-year tenure marred by the disastrous rollout of President Obama’s signature legislative achievement, the Affordable Care Act. Read More »»

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Business Events

WEBINAR: How to Leave Your Business in Style
Thursday, May 1, 2014
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Monday, May 12, 2014
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2014 Women of Influence
Monday, June 16, 2014
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Special Editions

Currents - Spring 2014

Currents - Spring 2014

Generations 2014

Generations 2014
What do Utz Quality Foods, Sun Motor Cars and Knoebels Amusement Resort have in common? They're all regional family businesses. Through the years, they have grown by successfully extending their businesses to the next generations. Today, these families maintain significant ownership in their companies, and they also have family members serving at the executive level. Read on to see many more examples of local family businesses — and family businesses in the making.

Giving Guide 2014

Giving Guide 2014
Central Pennsylvania’s nonprofits don’t sit around waiting for funds to fall into their pockets. Quite the contrary, they’re actively fundraising, networking and getting the community involved in their causes. See how 10 organizations are doing this, and how we can reach out to show our support. Also featured in this publication are the unique approaches and forward-thinking ways of the 2014 Nonprofit Innovation Award winners.

Milestones 2014

Milestones 2014
Join us in celebrating 30 Central Pennsylvania businesses and their notable anniversaries — from five years to 170 years. Reaching such milestones shows a steadfast dedication to improving the business and social landscape of our region. It's all done through impressive business ideas, dedicated employees, lots of gumption and a whole lot more. The result is smart business, and we can all learn from that.

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