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Top Lehigh Valley Business News

Shaquille O’Neal Settling FTX Class Action Lawsuit for $1.8M
Tom Brady · United States

Shaquille O’Neal Settling FTX Class Action Lawsuit for $1.8M

42% Center coverage: 26 sources
NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class action lawsuit over his promotion of the now-defunct crypto exchange FTX.  The proposed settlement agreement would resolve the case against the former basketball player, who was one of several celebrities and notable figures sued in the wake of FTX’s collapse.  “The…See the Story
US Gas Prices Climb Amid Middle East Conflict. Here's What to Expect.
Oil and Gas Sector

US Gas Prices Climb Amid Middle East Conflict. Here's What to Expect.

71% Center coverage: 7 sources
If you've filled up your car lately you've probably noticed the prices are on the way up. Much of that has to do with growing tensions in the Middle East.See the Story
Shift4 to Acquire Australian Payments Firm Smartpay in NZ$296.4M Deal
Australia · Australia

Shift4 to Acquire Australian Payments Firm Smartpay in NZ$296.4M Deal

67% Right coverage: 3 sources
CENTER VALLEY, Pa. & AUCKLAND, New Zealand--(BUSINESS WIRE)--Jun 22, 2025-See the Story

PA Chamber urges action to boost business investment - Central Penn Business Journal

Over $30 billion in new private investment announced in PA PA Chamber CEO calls for policies to boost economic growth Keystone Initiative outlines tax, permitting, energy, and workforce goals   With $30B in new private investment, the Pennsylvania Chamber of Business and Industry is calling for tax reform, permitting improvements, and workforce development to grow the commonwealth’s economy.  Serving as the Pennsylvania Press Club’s June keyno…Business · HarrisburgSee the Story

State Rep Kozak Announces More Than $862,000 in Natural Gas Impact Fees Awarded to 14th District - Beaver County Radio

(File Photo)    CHIPPEWA TOWNSHIP – State Rep. Roman Kozak (R-Beaver) announced today Beaver County will receive more than $495,000 in impact fees from the natural gas industry. In addition, the municipalities in the 14th Legislative District will receive an additional sum of more than $366,000. Impact fees are levied in addition to regular business taxes paid by every corporation in Pennsylvania. The disbursements were established in 2012 to en…Environment · PennsylvaniaSee the Story

LVIA’s May passenger traffic indicates strong summer travel

Lehigh Valley International Airport is looking forward to a strong travel season after releasing May passenger traffic.  The Lehigh Northampton Airport Authority said that in May, 87,448 passengers traveled through Lehigh Valley International Airport, which is a 2.6% increase from the previous year.   “Summer vacations are starting earlier and earlier, with May becoming a strong indicator of that growth in activity at ABE. We anticipate another …Allentown, Pennsylvania · AllentownRead Article

Mother son team redeveloping Carbon County tavern

A Carbon County tavern is being transformed by a mother and son team, who recently purchased the property.  Nicki Raudabaugh and her son Zachery purchased the former Lizard Creek Tavern at 1424 W. Lizard Creek Road in Lehighton and are rebranding it as the Lone Wolfe Tavern.  In a press release, they said they have a mission to create a welcoming, family-friendly dining and tavern experience. Backed by commercial financing arranged by Jeff Barbe…Property · LehightonRead Article

Realtors report on May homes sales in Lehigh Valley, Pennsylvania

While a lack of housing inventory remains a problem, the Greater Lehigh Valley Realtors is saying that May data showed that demand remains strong with homes selling quickly and pending sales on the rise.   “Even with sales down 11.4 percent in May, the Lehigh Valley market remains active and resilient,” said GLVR CEO Justin Porembo. “New listings and pending sales both saw gains in May, and homes continue to sell quickly, averaging just 19 days …Pennsylvania · PennsylvaniaRead Article

Pennsylvania Unemployment Rate Remains At 3.9 Percent in May - Beaver County Radio

( File photo) Harrisburg, PA – The Pennsylvania Department of Labor & Industry (L&I) today released its preliminary employment situation report for May 2025. Pennsylvania’s unemployment rate was unchanged over the month at 3.9 percent in May. The Commonwealth’s rate remained below the U.S. unemployment rate which was also unchanged over the month at 4.2 percent. The Commonwealth’s unemployment rate was three-tenths of a percentage point above th…Unemployment · PennsylvaniaSee the Story

BerksIDA drives redevelopment and growth in Berks County

A Conversation With: Jeremy Zaborowski, executive director of the Berks Industrial Development Authority   LVB: Tell me more about the Berks Industrial Development Authority and the work you do in the community. Zaborowski: We at Berks County Industrial Development Authority (BerksIDA) consider ourselves the developer of last resort for Berks County. Our services and efforts are directed at projects the market cannot or would not normally touch.…Reading, Pennsylvania · ReadingRead Article

Lehigh Valley transportation leaders talk employee recruitment, retention

The Lehigh Valley‘s transportation industry has a critical role in helping other industries in the region, whether it’s getting employees to the job site or helping to transport goods and equipment.  But the industry faces the same challenges most other industries face, with maintaining a skilled workforce at the forefront.  Speaking at the 2025 Transportation Forum held by the Greater Lehigh Valley Chamber of Commerce at the Mack Trucks Experie…Allentown, Pennsylvania · AllentownRead Article

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