On Tuesday, Pennsylvania Gov. Josh Shapiro announced Fitch Ratings had upgraded the state’s credit rating from “AA-“ to “AA.” The upgrades were a result of “recent use of revenue surplu...
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The Kraft Heinz Co. Board of Directors recently approved a share repurchase program that authorizes the company to repurchase up to $3 billion outstanding shares of common stock through Dec. 26, 2026....
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Pittsburgh-based CorePower Magnetics, Inc. will receive $20 million in federal funding aimed at strengthening clean energy supply chains and accelerating clean energy manufacturing in former coal comm...
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Berwyn-based Annovis Bio, a clinical-stage drug platform company, recently exceeded full enrollment for its lead compound buntanetap phase II/III study. The compound is used to treat patients wit...
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Pittsburgh-based Ansys’ technology has been integrated into technology approved by the U.S. Nuclear Regulatory Commission (NRC). NuScale Power, a nuclear technology company, used Ansys’ thermal...
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Philadelphia-based Vivodyne announced last week that it had closed on $38 million in seed funding to further its discovery pipeline and clinically predictive AI platform. The seed funding, led by ...
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Moody’s Investors Service and Fitch Ratings recently upgraded Westinghouse Electric Co.’s credit ratings, and S&P Global revised the company’s positive outlook. “We are pleased that the rat...
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The Commonwealth Financing Authority’s Pipeline Investment Program recently awarded a $1.2 million grant to Jackson Township and Peoples Natural Gas to provide natural gas service to the Jackson Tow...
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Maid-Rite Specialty Foods, Inc., a ready-to-heat meals manufacturer, plans to expand its Dunmore manufacturing operation. The first phase of the expansion project recently began construction and w...
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U.S. Reps. Glenn “GT” Thompson (R-PA) and Guy Reschenthaler (R-PA) joined U.S. Sens. Bob Casey (D-PA) and John Fetterman (D-PA) and other members of the Pennsylvania delegation to outline their co...
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Pennsylvania GOP lawmakers and a coalition of labor, management and consumers have denounced Democratic Gov. Josh Shapiro’s plans to appeal a recent state appellate court ruling pulling the commonwe...
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The city of Philadelphia and Community Ventures, a nonprofit affordable housing developer, recently held a groundbreaking ceremony for Old First House, an affordable housing mixed-use development. ...
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On Monday, U.S. Rep. Lloyd Smucker (R-PA) announced he had introduced legislation to block the implementation of new prevailing wage regulations he said would lead to higher taxes for all Americans. ...
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Pittsburgh-based United States Steel Corp. (U. S. Steel) recently released its 2023 Task Force on Climate-Related Financial Disclosures (TCFD) report The 2023 TCFD report outlines which climate-rel...
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On Friday, Pennsylvania Attorney General Michelle Henry announced there were numerous arrests and convictions over the past few weeks in regard to a Medicaid fraud case of over $800,000 in fraudulent ...
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Pennsylvania's unemployment rate remained at 3.4 percent in October, according to Pennsylvania Department of Labor & Industry’s (L&I) preliminary employment situation report released on Friday. ...
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Pittsburgh-based PPG recently launched its PPG DP7000 Air-Dry Primer and a range of dedicated ancillaries in European, the Middle Eastern and African automotive refinish markets. The two-pack acryl...
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A number of Pennsylvania manufacturers joined the National Association of Manufacturers (NAM) Thursday in urging Congress to pass the Miscellaneous Tariff Bill currently being considered. Citing l...
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Burnside America, a manufacturer of hydraulic cylinders, is nearing the completion of a $4.8 million, 30,000-square-foot expansion of its Franklin County facility. The expansion doubles the size of...
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Hanover-based Utz Brands, a salty snacks manufacturer, recently announced two appointments to its executive team, effective Nov. 27. “I believe that these appointments will significantly strength...
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