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Recent Articles from Ana Mrdalj
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump’s tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the tax code and do away with off-shore tax havens.
EscapeRACE, a superhero-themed escape room, opens at Park City Center
EscapeRACE, a superhero-themed escape room that gives participants the option to race against other teams in different rooms, has opened at Park City Center. Escape rooms are thematic rooms where participants work together to “escape” or reach the end goal.
Facebook’s Libra cryptocurrency project in crisis as Visa, Mastercard pull out
Mastercard, eBay, Visa and Stripe, a payments platform, all confirmed on Friday that they would not be members of the governance organization for the Libra cryptocurrency developed by Facebook. PayPal said last week it would pull out of the organization.
Boeing CEO loses chairman title as company separates roles after 737 Max crisis
Boeing’s board removed CEO Dennis Muilenburg as chairman so he can focus on running the company after the 737 Max crisis, the company said Friday.
On-street parking spaces in Harrisburg could be reserved for business-only use under proposal
Business owners in certain parts of Harrisburg could have the option of buying permits for on-street spaces to ensure that their employees and patrons would be able to park nearby.
Toyota is pushing ahead with hydrogen-powered cars
The Japanese company revealed a new version of its hydrogen-powered vehicle on Friday, doubling down on its bet that fuel cells will help secure Toyota's future as the industry comes under enormous pressure to slash carbon emissions.
Chick-fil-A continues its international expansion with its first location in the UK
The chicken chain opened its first restaurant in the U.K. on Thursday, continuing its international expansion. The new opening is a continuation of the chicken chain’s international expansion. In 2018, Chick-fil-A announced its plan to open its first international location in Toronto. The company said at the time it planned to open at least 15 restaurants in the greater Toronto area in the next[...]
Feds drop review of Fulton Financial lending practices
Fulton Financial said that a four-year federal review of “possible discriminatory lending” by itself and its Fulton Bank has ended with no enforcement action taken. Lancaster-based Fulton Financial announced the conclusion of the review by the U.S. Department of Justice with a one-sentence filing with the Securities & Exchange Commission.
Victoria’s Secret cuts 50 from headquarters staff, head of stores to step down
As L Brands’ Victoria’s Secret lingerie brand tries to right the ship, facing a sales slump, the company has laid off dozens of people at its home office this week. In addition, the head of Victoria’s Secret’s stores and store operations is also stepping down, CNBC has learned.
Walmart’s US president Greg Foran to depart, with Sam’s Club CEO John Furner taking over
Walmart said Thursday that its president and CEO in the U.S., Greg Foran, is stepping down, to be replaced by the head of its wholesale Sam’s Club business, John Furner.
Diamond Dealer Services expands into central Pa. car dealerships, opens regional training center
A Maryland company that provides detailing services at car dealerships has opened shop in the midstate. Diamond Dealer Services opened up shop last month at Heritage Toyota of Harrisburg and Heritage Chrysler/Dodge/Jeep/Ram, at 6060 and 6062 Allentown Blvd. in Lower Paxton Township.
Advances in technology are preventing injuries, saving time and creating jobs
Are “collaborative robots” or cobots the next team trend in manufacturing automation? How about more widespread use of the Industrial Internet of Things (IIoT) and 3D printing?
