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Ephrata, Pennsylvania · EphrataThe ENT Center has joined WellSpan Health, expanding the health systems reach into Lancaster County. The ear, nose, and throat (ENT) care practices in Lancaster and Ephrata have been providing services, along with hearing services for 50 years, WellSpan Health said. The practices are now known as WellSpan ENT and Hearing Center at Lancaster, 810 Plaza Blvd., and WellSpan ENT and Hearing Center at Ephrata, 561 W. Trout Run Rd. WellSpan Healt…See the Story
WellSpan Health acquisition expands its reach into Lancaster County - Central Penn Business Journal
Real Estate · HarrisburgThe industrial real estate market along the I-78/I-81 corridor remains strong despite a slowdown in the market in the last few quarters. Sean Bleiler, executive vice president with commercial real estate firm, CBRE, said that the slowdown continued in the first quarter of 2024, news he called generally neutral. The market has simply returned to the level that was normal before the COVID-19 pandemic when commercial real estate broke records as …See the Story
I-78/I-81 Industrial real estate corridor stabilizing to pre-pandemic levels - Central Penn Business Journal
Unemployment · HarrisburgThe proposal to take Macy’s Inc. private lives on, but the heat may be coming down a bit. Macy’s Inc. this morning announced it will seat two new independent directors on its board, effective immediately. Richard (Ric) Clark and Richard (Rick) L. Markee will also join the company’s Finance Committee, which is tasked with reviewing Arkhouse and Brigade’s proposal to acquire Macy’s – along with any alternatives. In exchange, Arkhouse has agreed to…See the Story
Macy’s strikes a deal with buy-out suitor Arkhouse Management Co. - Central Penn Business Journal
Harrisburg, Pennsylvania · HarrisburgThe Pennsylvania Broadband Development Authority (PBDA) has approved $204.1 million in grant awards to expand high-speed internet access in underserved areas. U.S. Senator Bob Casey, D-PA, and PBDA Executive Director Brandon Carson announced the grant awards Thursday. The funding will be matched by more than $200 million in private investment, bringing this total investment for Pennsylvania broadband projects to more than $400 million, which wil…See the Story
Pa. moves to close digital divide, expand internet access - Central Penn Business Journal
Gaming · PennsylvaniaHARRISBURG — The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during March 2024 was $554,625,294, an all-time monthly high eclipsing the previous high revenue month…See the Story
Gaming Control Board reports record revenue in March 2024
Harrisburg, Pennsylvania · HarrisburgMessiah University has launched two initiatives to address the teacher shortage in its region. The Mechanicsburg-based University said it is partnering with local school districts to encourage high school students to explore teaching as a career and offering teachers who hold a temporary emergency/intern certification to earn Level 1 state certification which is needed to teach long term through its Teacher Certification Initiative. The Educat…See the Story
Messiah University partnership to address teacher shortage - Central Penn Business Journal
Harrisburg, Pennsylvania · HarrisburgTen IntegraCare communities, including three senior living facilities in south central Pennsylvania, achieved U.S. News & World Report 2024 Best Senior Living status. “Our community teams work 24/7 to enhance the lives of our seniors and their families,” said Larry Rouvelas, CEO of IntegraCare. “While beautiful buildings and amenities are appealing, it’s the quality of life within those buildings that matters. For the third consecutive year, U…See the Story
Three local IntegraCare homes earn top grades from U.S. News & World Report - Central Penn Business Journal
Stock Markets · Harrisburg2024 has had the best start for stocks since 2019, with the S&P 500 passing the 5,000 level for the first time and returning 10.6% over the first quarter. The economy has been resilient despite some small cracks, and consumer sentiment is rising. The story for bonds has not been as rosy, however, as the Bloomberg Aggregate Bond Index fell -0.8% and investors continued grappling with changing rate path expectations. The inversion of the Treasury …See the Story
