Janney Montgomery Scott, a Philadelphia-based asset management firm, is acquiring investment bank TM Capital. TM Capital is a premier middle market investment bank specializing in mergers and acqui...
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U.S. Rep. Chrissy Houlahan (D-PA) joined a bipartisan group of senators to introduce legislation this month that would protect the nation's telecommunications network from Chinese-supplied equipment t...
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A&G Real Estate Partners, the real estate adviser to Rite Aid Corp., plans to sell a tranche of 92 neighborhood pharmacy leases, including 17 in Pennsylvania, as part of Rite Aid's financial restructu...
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On Friday, U.S. Sen. Bob Casey (D-PA) said he is committed to investing in the region’s river communities. In a letter to that region’s business leaders and elected officials, Casey reaffirmed...
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Canonsburg-based CNX Resources Corp., a major natural gas producer, and the Gov. Josh Shapiro administration recently committed to increase the company’s operational disclosures with state environme...
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On Thursday, Pennsylvania business leaders joined more than 1,300 industry groups and leaders to call on Congress to support legislation supporting pro-growth tax policies. The Pennsylvania Chambe...
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Allegheny College recently expanded the Allegheny Lab for Innovation and Creativity (ALIC) to add work force development and education resources. The expansion is in partnership with the regional ...
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On Wednesday, Gov. Josh Shapiro announced his administration had launched an online money-back guarantee system that would provide increased accountability and transparency for the state’s permittin...
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Philadelphia-based Republic First Bancorp and the Norcross Braca Group recently signed a securities purchase agreement to effectuate the group’s $35 million investment. Under the agreement, the ...
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Pittsburgh-based United States Steel Corp. (U. S. Steel) recently converted two of the company’s diesel switcher locomotives to battery-operated locomotives at the Mon Valley Works’ Edgar Thomson ...
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The majority caucus in the Pennsylvania Senate is trying its hardest to bring bipartisanship agreement to numerous issues critical to the commonwealth’s future, said Senate Majority Leader Joe Pittm...
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During a partisan hearing on proposed energy policies, Republicans lashed out at proposed Democratic energy policies. The hearing, “Stopping Economic Disaster: The Democrats and their Green New ...
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Pennsylvania cannot participate in the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program intended to cut carbon emissions from the power sector, according to a new ruling issued by a ...
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Pennsylvania Rep. Martin Causer (R-Cameron/McKean/Potter) said increasing the setback requirements for drilling natural gas wells threatens the state’s energy production, jobs, and consumers. Th...
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Pittsburgh-based steel producer United States Steel Corp. (U. S. Steel) contributed $3.6 billion to the local and state economy and supported or sustained 11,417 jobs during fiscal year 2022, accordin...
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Citizens Financial Group, Inc. provided a $200,000 to the Pittsburgh Film Office to foster the growth and expansion of the film industry in Southwestern Pennsylvania. The grant, allocated directly...
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Radnor-based Triumph Group, a company serving the global aviation industry, and Honeywell Aerospace, a technology and manufacturing company, recently signed a long-term agreement across multiple Honey...
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The board of directors of Kennametal, a materials science, tooling and wear-resistant solutions company, recently voted to unanimously appoint William M. Lambert as chairman of the board, effective on...
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Philadelphia-based 1315 Capital, a private investment firm, recently closed on two funds. The first fund closes 1315 Capital III (Fund III) and exceeded the firm’s target of $350 million. The ...
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The Appalachian Regional Commission (ARC) recently awarded Pittsburgh-based Green Building Alliance $500,000 in Appalachian Regional Initiative for Stronger Economies (ARISE) program funding. The a...
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