Breaking News

Briefcase: Business news of local interest

Developer wants to build Chipotle in Park Hills Plaza An Illinois company wants to build a Chipotle in Park Hills Plaza. Quattro Development of Oak Brook has requested a setback variance in connection with the location of the trash bin enclosure for the project. Among Quattro’s justifications for a setback variance are a desire to minimize the building lot acreage, so as not to take any more common plaza parking spaces than necessary; to accommodate a drive-around lane for online order pickups; and for aesthetics, according to Owen England, Quattro director of business ...

Shapiro announces $340K investment in State College

Gov. Josh Shapiro announced the Commonwealth has secured a $10 million investment from the Kurt J. Lesker Co. to expand its operations in Pennsylvania. The Shapiro Administration is investing $340,000 into the project, which will create 39 total new jobs over the next four years and retain 299 existing, full-time positions. To meet customer demand in the semiconductor and protective coating industries, the Kurt J. Lesker Co. is partnering with Penn State University and will lease space in State College for research and development of the atomic layering disposition process, where it ...

P. Joseph Lehman Inc. Consulting Engineers changes leadership

HOLLIDAYSBURG — P. Joseph Lehman Inc. Consulting Engineers, a civil, structural, environmental and land development firm, announced a long-planned internal leadership and ownership change. Effective June 2, P. Joseph Lehman Jr., who together with his late father have dedicated nearly six decades of service to the firm, has passed the torch of leadership by transitioning his majority ownership interest to longtime company leaders Chuck Meyers, principal/transportation services director for 29 years, Scott Klingenberg, principal/environmental services director for 28 years, and Robert ...

Briefcase: Tyrone-Snyder Public Library receives literacy foundation grant

TYRONE The Dollar General Literacy Foundation recently awarded the Tyrone-Snyder Public Library a $1,500 grant to support summer literacy. The funds contribute to a record-setting, single-day total of nearly $16 million in grants nationwide — supporting adult, family and summer literacy programs in the 48 states where Dollar General operates. The milestone surpasses the foundation’s previous record of more than $13.2 million granted in May 2025. “We are absolutely delighted to receive the Dollar General Summer Literacy Grant this year in support of our summer learning programs. ...

Ticker: SpaceX’s IPO could make Musk trillionaire

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion. Trump seeks new path forward with tariffs President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago. The ...

Oil prices climb back toward $100

NEW YORK — Oil prices rose Wednesday following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire, and U.S. stocks retreated from their records. The S&P 500 fell 0.7% from its all-time high for its first drop in 10 days. The Dow Jones Industrial Average dropped 620 points, or 1.2%, and the Nasdaq composite sank 0.9%. Weighing on the market was a climb of 1.9% for the price of a barrel of Brent crude oil, the international standard, which brought it back to $97.81. It rose after both the United States and Iran said they launched retaliations for earlier attacks or ...