Fulton Financial Corp. Is a step closer to acquiring Philadelphia-based Prudential Bank with application approval from the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities. 

In the greater Philadelphia region, including central Pennsylvania and the Lehigh Valley, the vacancy rate for industrial space fell to a historic low of 1.96% in the first quarter of 2022. 

Earning high marks in housing affordability and access to green space, Central Pennsylvania and the Lehigh Valley were well-represented in Ownerly.com’s recent list of top U.S. cities for remote workers. 

Lancaster-based Fulton Financial Corp., with offices in Lehigh Valley, has entered into a definitive agreement and plan of merger to acquire Prudential Bancorp Inc., Philadelphia. 

A Bethesda-based real estate firm and its partner have bought a 760,000-square-foot retail center in the Greater Philadelphia region for $161.75 million, the companies announced Friday.

Carlisle-based Organic Remedies, a medical marijuana cultivation and research organization, is opening a dispensary in Paoli, its fifth in Pennsylvania. 

The Giant Company’s new Giant Direct E-commerce Fulfillment Center opened in Philadelphia this week, allowing the super market chain to serve more customers in Philadelphia and begin serving customers for the first time in southern New Jersey. 

Rite Aid plans to relocate its headquarters from Camp Hill, Cumberland County to Philadelphia as part of a new focus on remote work. 

Residential real estate broker Coldwell Banker merged its 20 Philadelphia and Central Pennsylvania real estate offices into one combined sales force this month.

Giant will have 10 total stores in Philadelphia when the new stores are finished, plus an e-commerce fulfillment center.

The new branch, in Greer, South Carolina, provides office space, sales training facilities and a warehouse for custom bath, window and door products. West Shore Home said it will add dozens of jobs to the region.

UPS announced a $1.4 billion expansion project in Pennsylvania, creating more than 1,721 new full-time jobs and will expand operations in Dauphin, Lehigh, Cumberland, Northumberland and Philadelphia counties.

While economic indicators remain high for the U.S. economy as a whole, central and southeastern Pennsylvania have been beset by tumultuous global trade and a weak manufacturing sector for the last year and a half, according to a recently published study by analysts at RKL, a business consulting firm based in Lancaster.

Penn Medicine Lancaster General Health will invest $48 million in a new radiation therapy facility in Lancaster; the second of its kind in the state.

40 percent or more off combined admission prices at 12 Philadelphia sights.