Harrisburg Mayor Stephen R. Reed this afternoon revealed a plan to lease 11 Harrisburg Parking Authority garages, its parking lots and approximately 900 metered parking spaces in the city to a private company, which would pay the authority a one-time up front sum of $215 million.Read More »
Harrisburg City Council members call for freeze on parking plan
Harrisburg Mayor Stephen R. Reed's $215 million parking plan is
meeting with at least temporary opposition from some City Council members and
possibly from a key union.
QUESTION OF THE WEEK
Do you think Harrisburg Mayor Stephen R. Reed's plan to
lease a big piece of the city's parking to a private company for a one-time
upfront sum of $215 million will solve the city's budget problems? Why or why
Giant posts Q1 gain
Cumberland County-based Giant Food Stores' net sales
increased 9.2 percent, to $1.4 billion, in the first quarter of 2008, according
to Royal Ahold.
Eastern Insurance Holdings Q1 earnings fall
Lancaster-based Eastern Insurance Holdings Inc. reported
first-quarter earnings of $2.6 million, down from the $3.2 million the company
reported for the same period last year.
Indian company acquires Infotech for $21M
Cumberland County-based Infotech Consulting Inc. was
acquired for $21 million by Mindteck, an Indian technology and tech-services
Big Oil has little reason to lower prices; they won’t fall for years
Dear Mr. Berko: Oil now costs more than $100 a barrel, and
our president comes from oil wealth, while our vice president was chief
executive officer of Halliburton, the largest oil-service firm in the world.
Federal Reserve Board’s most-recent rate cut implies that downturn has plateaued
The Federal Reserve Board did what was expected April 30 and
cut the funds rate another quarter point.
Bankruptcies, disciplinary actions, mortgages, incorporations, liensRead More »
Bon-Ton sales down in April
The Bon-Ton Stores Inc. today reported that comparable-store
sales, or sales at stores that have been open for at least a year, fell 0.9
percent in April when compared to the year-ago period.
York Water Q1 slightly down
The York Water Co. today reported first-quarter earnings of
$1.2 million, down 9 percent compared to last year's first quarter.
Behind the list with Bruce M. Eckert
Chairman and chief executive officer of Eastern Insurance Holdings Inc.Read More »
Economy could crunch Carlisle’s downtown revival
Some businesspeople in Carlisle
said the slowing economy could delay efforts to recruit new businesses, as
everyone pinches pennies.
Emissions-credit trading increases among Central Pa. businesses
New Jersey-based Global Emissions Exchange (GEX) wants to
change the way small businesses, local governments and consumers think about
their conservation efforts.
Op-ed: Pa.’s hospitals provide healing, health, hope
On May 11-18, we celebrate National Hospital Week. In the
state that is home to the nation's first hospital, we want to recognize the
dedicated hospital workforce that each day provides compassionate care to our
most vulnerable citizens, celebrates the gifts of new life and medical miracles,
and ensures a safe haven in times of crisis.