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Morning Roundup
Wednesday, August 27, 2008

Coliseum complex to reorganize under Ch. 11
A good place to unwind with friends is difficult to come by, say Margorie Jones and Steven Hiller. That's why the thought of something happening to the Coliseum complex in Hampden Twp. was so unsettling.
Source: The (Harrisburg) Patriot-News
RR Donnelley continues to trim Lancaster County work force
Lancaster County's second-largest employer is cutting jobs and has hinted it will close some of its facilities.
Source: (Lancaster) Intelligencer Journal
Harrisburg developer proposes townhomes in S. Annville Twp.
A Harrisburg developer wants to construct 154 townhouses on a tract of land near the Quittapahilla Creek in South Annville Township.
Source: Lebanon Daily News
Not your average office
Most office workers spend their days in cubicles. Hence the label "cubicle dwellers."
Source: Central Penn Business Journal
AT&T wants review of wireless-spectrum merger
AT&T Inc. opposes a quick federal approval of the proposed wireless-spectrum merger between its competitors Sprint Nextel Corp. and Clearwire Corp. that would create a national WiMAX network.
Source: The Philadelphia Inquirer
Postal Service stands to lose $2B this year
The U.S. Postal Service could lose about $2 billion this year due to tough economic times, and it needs to change to meet the demands of the public, Postmaster General John Potter said Monday.
Source: The York Dispatch
Cities debating privatization of public infrastructure
Cleaning up road kill and maintaining runways may not sound like cutting-edge investments. But banks and funds with big money seem to think so.
Source: The New York Times
Wind energy bumps into power grid's limits
When the builders of the Maple Ridge Wind farm spent $320 million to put nearly 200 wind turbines in upstate New York, the idea was to get paid for producing electricity.
Source: The New York Times
Tuesday, August 26, 2008

Manheim Twp. looks up to preserve farmland
Hoping to spur farmland preservation, Manheim Township's board of commissioners think bigger may be better.
Source: (Lancaster) Intelligencer Journal
Hanover winery in the works
Sterner's home on High Rock Road looks out onto the woods, where shade prevails and deer tread near the backyard.
Source: The (Hanover) Evening Sun
Developer's vision becomes reality
Tom Behney had a vision nearly 20 years ago of a retirement community that would serve two purposes: The chance for seniors to be close to friends and family, and a place where they could pursue an active lifestyle with their peers.
Source: Lebanon Daily News
Little-known loan program boosts firm
It's just another obscure government program. For K. Jameson Lawrence, though, it became the foundation of a business.
Source: Central Penn Business Journal
Planner reflects on ‘miracle' building
Three years ago, Facilities Planners + Architects Inc. faced big challenges in designing CBHNP's office in Dauphin County: arduous setback requirements, CBHNP's rapid growth and tight time and budget constraints.
Source: Central Penn Business Journal
Worries about major banks drag down market
Shares that went up on Friday plummeted on Monday. The markets dropped after a flurry of disappointing news about several major financial institutions.
Source: The New York Times
Honda stays true to efficient driving
During the glory days of big pickups and sport utility vehicles, one automaker steadfastly refused to join the party.
Source: The New York Times
Communities become home buyers to fight decay
As a wave of home foreclosures courses through the United States, some of the nation's hardest hit cities think they have found a way to ease the blight left on their communities by the crisis.
Source: The New York Times
Monday, August 25, 2008

Veteran Rite Aid executive to retire
James P. Mastrian, one of the few executive holdovers from the Martin Grass years at Rite Aid Corp., plans to retire from the East Pennsboro Twp.-based drugstore chain at the end of the month.
Source: The (Harrisburg) Patriot-News
Lancaster General to add floor for lab
Lancaster General Hospital's plan to add a fourth floor to its three-story emergency department wing was approved Monday by the city's Historical Commission.
Source: (Lancaster) Sunday News
Lebanon offers compromise on meter rates
In response to citizen complaints, Lebanon City Council has reached a compromise on the rate the city will charge for all-day parking.
Source: Lebanon Daily News
Felton development plans go forward
Plans for a major residential development in Felton are progressing.
Source: York Daily Record
Lancaster's Central Market slated for renovation
It's been more than 30 years since the Central Market in downtown Lancaster has received a facelift. That's a long time for the country's oldest continuously operating farmers' market.
Source: Central Penn Business Journal
Developer envisions jazz club in Lancaster
Parts of a stucco wall have been chipped off to expose a building's original brick and stonework down an alley off Prince Street in Lancaster. The path is soon expected to lead to the main entrance of Prince Street Blues.
Source: Central Penn Business Journal
At the Fed, debate over countering inflation grows louder
With the decline in oil prices, inflationary pressures are easing for the moment.
Source: The New York Times
Drilling boom revives hopes for natural gas
American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic gas fields were in irreversible decline.
Source: The New York Times
Friday, August 22, 2008

Advocates: Upgrades critical for energy reliability
Don't tempt fate. Those are the words of David Taylor, executive director of the Pennsylvania Manufacturers' Association.
Source: Central Penn Business Journal
York ice rink still in debt
The York City Ice Arena is making more money each year, but it's still not enough to cover its debt, officials said.
Source: York Daily Record
Ephrata Community Hospital joins Geisinger
Danville-based Geisinger Health Plan announced it has established a partnership with its fourth hospital in Lancaster County.
Source: (Lancaster) Intelligencer Journal
F&M, MU slip in U.S. News rankings
Millersville University and Franklin & Marshall College slipped slightly in U.S. News & World Report's annual ranking, but school officials said the results aren't entirely reflective of the positive things happening on campuses.
Source: (Lancaster) Intelligencer Journal
Hotel Hershey expansion draws carpenters' ire
At Tuesday night's Bruce Springsteen concert, banners were on display with song requests and the number of Boss concerts attended over the years.
Source: The (Harrisburg) Patriot-News
PNC continues to grow its green bank branches
PNC Financial Services Group Inc. started building energy-efficient and environmentally friendly buildings well before green became a catchphrase in construction.
Source: Central Penn Business Journal
Judges deal setback to proposed power line
Two Pennsylvania judges have dealt a setback to efforts by power companies to build a major new Pennsylvania-Virginia power line, saying the line is unnecessary and that alternatives should have been considered.
Source: Pittsburgh Post-Gazette
Some fear commercial property loans next in downturn
As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm.
Source: The New York Times
Smartphone start-ups have friend in this fund
Matt Murphy eats at expensive steakhouses, likes to watch his kids play soccer and is a loyal fan of Peet's Coffee and Tea.
Source: The New York Times
Thursday, August 21, 2008

Lancaster Chamber pushes for Home Rule Charter
Lancaster Chamber of Commerce & Industry's board of directors has reinforced its support for an initiative aimed at changing Lancaster County government.
Source: (Lancaster) Intelligencer Journal
Bill gives York more power to repair, demolish property
The York City Council tweaked its property maintenance ordinance Tuesday with a pair of bills that will give city officials more discretion on whether to repair or demolish deteriorating city properties.
Source: The York Dispatch
RRTA director announces 25-cent bus fares
Start saving your quarters.
Source: (Lancaster) Intelligencer Journal
$250,000 for Lancaster Square work
Lancaster County Commissioners today approved $750,000 for upgrades to Lancaster Square, improvements to downtown streets and installation of 50 new security cameras.
Source: Lancaster New Era
Rising salt costs force some winter cutbacks
Increased costs of road salt are forcing Newville Borough Council to cut back on winter street maintenance plans.
Source: The (Carlisle) Sentinel
To save, York County considers new cell-phone policy
York County is looking to get out of the cell phone business.
Source: The York Dispatch
Two to head new Hershey museum
The M.S. Hershey Foundation has announced that The Hershey Story, the new museum under construction on Chocolate Avenue will open in January.
Source: Lebanon Daily News
Chefs dig into foods grown in midstate
Staci Basore and Rosemarie "Qui Qui" Musarra hit up roughly 30 midstate markets and specialty stores nearly daily.
Source: Central Penn Business Journal
Evercore Partners nearing $120M deal with Mizuho
Evercore Partners, the boutique investment bank, is near a deal to secure a $120 million investment from Japan's Mizuho Corporate Bank by selling debt and warrants, people briefed on the matter said.
Source: The New York Times
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