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Policy

Pennsylvania American Water files for rate adjustment

By Melina Druga  |   November 13, 2023   |   Companies

Pennsylvania American Water recently filed a rate adjustment request with the Pennsylvania Public Utility Commission. If approved as requested, the average residential customer would see a monthly ...

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Triumph Group business awarded Lockheed Martin contract

By Melina Druga  |   November 13, 2023   |   Companies

Sikorsky, a Lockheed Martin company, recently awarded Triumph Group’s Actuation Products & Services business with a contract from for the CH-53K King Stallion rotorcraft. Under the contract, Tri...

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Consortium purchases Westinghouse

By Melina Druga  |   November 9, 2023   |   Companies

A consortium completed its acquisition of Cranberry Township-based Westinghouse Electric Co. on Tuesday. The consortium is comprised of Brookfield Asset Management, its publicly listed affiliate Br...

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Consulting firm purchases Philadelphia technology company

By Melina Druga  |   November 9, 2023   |   Companies

New York-based CHA Consulting, a full-service engineering, design, consulting, and program/construction management firm, recently purchased Philadelphia area-based Predictive Maintenance Solutions (Pd...

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Janney Montgomery Scott acquires investment bank TM Capital

By Liz Carey  |   November 9, 2023   |   Companies

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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Rep. Houlahan introduces legislation to defend networks against China

By Liz Carey  |   November 8, 2023   |   Featured

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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Rite Aid to sell 17 pharmacy leases in Pennsylvania

By Melina Druga  |   November 8, 2023   |   Companies

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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Sen. Casey pushes to use Pennsylvania waterways for goods transportation

By Liz Carey  |   November 7, 2023   |   Featured

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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CNX, state partner to advance environmental disclosures

By Melina Druga  |   November 6, 2023   |   Companies

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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Pennsylvania leaders join national group calling on Congress to restore pro-growth tax policies

By Liz Carey  |   November 6, 2023   |   Featured

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 expands Allegheny Lab for Innovation and Creativity

By Melina Druga  |   November 6, 2023   |   Companies

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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Online “money-back guarantee” system launched for permitting, licensing and certifications

By Liz Carey  |   November 3, 2023   |   Featured

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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Republic First Bancorp signs securities purchase agreement

By Melina Druga  |   November 3, 2023   |   Companies

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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U. S. Steel converts locomotives to battery power

By Melina Druga  |   November 3, 2023   |   Companies

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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Sen. Joe Pittman

GOP majority leader highlights bipartisan efforts in PA Senate

By Kim Riley  |   November 2, 2023   |   Featured

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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Policy committee discusses long-term impact of energy policies

By Liz Carey  |   November 2, 2023   |   Featured

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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Commonwealth Court nixes Pennsylvania’s participation in RGGI

By Kim Riley  |   November 1, 2023   |   Featured

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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Rep. Causer: Increasing well setbacks would shut down Pennsylvania energy supply

By Liz Carey  |   November 1, 2023   |   Featured

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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Report: U. S. Steel added $3.6B to local, state economy in 2022

By Melina Druga  |   November 1, 2023   |   Companies

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 provides Pittsburgh Film Office with $200,000 grant

By Liz Carey  |   October 31, 2023   |   Companies

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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