Energy & Environment

New York City developer Jacob A. Frydman this afternoon said that he still wants to lease Harrisburg’s parking system for $215 million and could transfer the money to city coffers before Dec. 1, when $35 million in debt payments are due.

PPL Electric Utilities Corp. will build two electric substations in the midstate as part of a $34 million investment in increased capacity over the next two years.

The commonwealth awarded $780,000 in matching grants to the South Central Workforce Investment Board, Gov. Ed Rendell’s office today said.

It’s not just the economy or cheap Chinese labor that is causing higher unemployment in the United States. All around us, new strategies are being executed that are disrupting industries and reducing the need for people, including the management of companies on the wrong end of disruption.

Last week’s question: Do you think the $42 billion Small Business Jobs Act (HB5297) that’s stalled in the U.S. Senate would improve credit conditions in the midstate?

Yes – 100 percent

That 89 percent of respondents to the CPBJ survey (“Do you think a severance tax on Marcellus Shale drillers will drive jobs and investment elsewhere?” Business Journal, Aug. 13, 2010) believe a tax on Marcellus Shale would not drive investment elsewhere is irrelevant to the needs of our economy.

There are many positive physical reasons to maintain good health, but did you know there are some great financial reasons to do so, too? Here’s what you need to know.

A fierce battle again is being waged in Gettysburg. But this time, it’s not over secession; it’s about whether the state Gaming Control Board should issue its 14th and final permit to a proposed casino nearly a mile from the hallowed Civil War grounds.

Midstate companies have started using an advertising tool that capitalizes on smart phones’ capabilities to promote their businesses.

Gov. Ed Rendell’s proposal to raise more than $1 billion for transportation needs through increased motor vehicle registration, licensing fees and a gross receipts tax on oil companies is meeting opposition among business executives who say the plan would be a burden on companies during a sluggish economy.