Finance

Rite Aid announces new CEO

Rite Aid Corp. announced Monday morning that a new leader has been found to run the embattled company, taking over management immediately. Heyward Donigan, a longtime executive in the health care industry, will serve as Rite Aid’s CEO and join the board of directors.

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Central Pa. projects receive millions in state grants

More than two dozen projects in Central Pennsylvania were awarded millions of dollars in matching grants from the Redevelopment Assistance Capital Program (RACP), supporting both public and private construction and renovation projects across the state. The local grants are part of a broader package of grant awards $275 million for 214 projects statewide.

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Guest view: Cannabis contains seeds of economic growth

It’s evident the cannabis industry is growing, thriving and impacting the economy in ways we have only just begun to comprehend. Last month, the York County Economic Alliance hosted our Economics Club breakfast series on the economics of the cannabis industry, featuring two industry leaders, Green Thumb Industries and Groff North America.

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Networking luncheon at York Country Day to focus on tax credit programs

The York Country Day School will host a networking luncheon beginning at noon on Aug. 20. School representatives are partnering with Springettsbury Township-based accounting firm Stambaugh Ness to feature tax credit expert Thomas J. Moul, CPA, leading a presentation on two different programs offered to businesses through the Pennsylvania Department of Community and Economic Development.

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Guest view: Business survival isn’t a matter of fate alone

If you own, operate, or manage a business, you most certainly have fire insurance to protect your business property and liability insurance to cover your business in the event of a lawsuit. But what about the period of time when your business is out of business due to a fire or other property loss? This is where business interruption insurance comes in.

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Betting big: Despite slow start, experts say online sports betting in Pa. will be huge

With online sports betting just getting out of the gate in Pennsylvania, the numbers aren’t telling the story of its revenue potential quite yet, according to experts tracking the sector. And despite what may look like a slow start, people who have been studying online sports betting and watching Pennsylvania’s foray into the industry have high expectations.

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