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Workplace — Oct. 31-Nov. 1

New hires and promotions James “JJ” Donchez has been appointed as Chief Operating Officer of Sourceree, a Johnstown software and analysis company delivering solutions for defense and commercial clients. In his role as COO and Integrator, Donchez will translate Sourceree’s executive vision into reality. His leadership will strengthen alignment across teams, scale operations, and position Sourceree for continued growth. Most recently, Donchez served as Chief of Staff for the Assistant Secretary of War for Readiness, where he strengthened organizational alignment and advised ...

Food inspections — Oct. 31-Nov. 1

State and municipal inspections are done annually for all food establishments. Reports can be viewed online at the state Department of Agriculture’s website at https://www.pafoodsafety.pa.gov/web/inspection/publicinspectionsearch.aspx Disclosure: Please remember that any inspection is a ‘snapshot’ of the day and time of the inspection. An inspection conducted on any given day may not be representative of the overall, long-term cleanliness of an establishment. Also, at the time of the inspection, violations are recorded but are often corrected on site prior to the inspector ...

DoorDash offers $17B for Instacart in takeover

DoorDash is offering $17 billion to buy Instacart in a deal that could consolidate the grocery delivery business in the U.S. and abroad. The companies say the tie-up would combine DoorDash’s global reach and expertise in logistics with Instacart’s purpose-built technology and long ...

Briefcase: 1st Summit shares earnings

JOHNSTOWN 1st Summit Bancorp of Johnstown Inc., parent company of 1st Summit Bank, announced net income of $2.55 million for the third quarter ended Sept. 30, an increase of 2.3% compared to $2.49 million for the second quarter of 2026 and 49.7% compared to $1.70 million for the third quarter of 2025. Net income for the first nine months of 2026 totaled $7.3 million. Third quarter results are a continuation of the progress established earlier in the year, with strong loan growth, further expansion in net interest margin and stable credit quality. Net interest income increased 3.4% from ...

Average mortgage rate dips to 7.24%

WASHINGTON — The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month. The benchmark 30-year fixed-rate mortgage fell to 7.24% from 7.32% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.17%. Borrowing costs on 15-year fixed-rate mortgages, often sought by borrowers refinancing a home loan, also fell this week. That average rate dipped to 6.60% from 6.68% last week. A year ago, it was at 5.41%. Lower mortgage rates relieve some of the pressure on prospective homebuyers ...

Ticker: Asian trading mixed as AI worries grow

Asians trading is mixed as worries about the future of artificial intelligence grew after Alphabet’s stock drop dragged on U.S. markets. Japan’s benchmark Nikkei 225 dropped in Friday morning trading. Shares rose in Sydney and Hong Kong, but fell in Seoul and Shanghai. Shares related to the great market interest in AI have tended to be volatile. Alphabet is one of the most influential stocks on Wall Street. Amazon offers cautious view after down 3Q Amazon offered a cautious sales outlook for the current fourth quarter that encompasses the critical holiday shopping period after ...