Business

Healthy profits push stocks higher yet; Nasdaq crosses 6,000

NEW YORK (AP) — Profits are climbing for companies, and so are their stock prices. More big businesses joined the earnings parade Tuesday, saying their profits were even larger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald’s. The ...

People in business

New agent’s focus to be commercial properties Real Estate Excel, A Girio Realty Co. recently announced Michael B. Bradley has joined the brokerage to head the commercial real estate team, according to a news release. Bradley has been active in the commercial real estate and development ...

New business spotlight on The Buttery Biscuit

Matt Cowden thought South Williamsport needed a restaurant where people could enjoy breakfasts and brunches. Late last year, he opened The Buttery Biscuit at 715 W. Southern Ave. in the borough. Located at the former site of the Humdinger restaurant, the menu includes full breakfast meals ...

Events and seminars

Workshops help with international sales Businesses looking to dive into the international marketplace can get expert help at a seminar by SEDA-Council of Governments’ Export Development Program. The “Introduction to Exporting” seminar will be held from 9 a.m. to 12:30 p.m., Tuesday in ...

US home sales shoot up to 10-year high

WASHINGTON (AP) — Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season. Sales of existing homes climbed 4.4 percent last month to a seasonally adjusted annual rate of 5.71 million, the National Association of ...

Volkswagen to pay $2.8 billion in US diesel emission scandal

DETROIT (AP) — A judge on Friday ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a “massive fraud” orchestrated by the German automaker. U.S. District Judge Sean Cox ...

Wells Fargo ups sales practices settlement to $142M

NEW YORK (AP) — Wells Fargo agreed Friday to expand a recently settled class-action lawsuit by an additional $32 million as well as extend claims for fraudulent accounts that may have been opened going back to 2002. The bank said it will now pay $142 million to customers for damages caused ...

President of city iron works marks 50 years with company

John Reynolds, the president of Reynolds Iron Works Inc., doesn’t wear a suit and tie to work. He gets his hands dirty every day at the Williamsport company started by his grandfather, Edgar Reynolds, in 1921. In March, Reynolds celebrated 50 years with the company. He’s seen the changes ...

Department stores delay shutdowns

NEW YORK (AP) — J.C. Penney says it is delaying the closure of 138 stores by several weeks to take advantage of better-than-expected sales at those locations. The company said Friday that more shoppers have visited the stores after it announced last month which locations were closing. J.C. ...

EPA: No significant chemical discharge from US Steel spill

PORTAGE, Ind. (AP) — Water samples from Lake Michigan and one of its tributaries show no significant discharge of a potentially carcinogenic chemical from a U.S. Steel Corp. wastewater spill in northern Indiana, the Environmental Protection Agency said Friday. Results from about 200 water ...

People in business

Bank announces year’s employee West Milton State Bank announced the bank’s 2016 employee of the year at its annual All-Staff meeting in late February, according to a news release. This year’s recipient was Brenda L. Wesner, senior head teller at the Lewisburg branch. To be eligible ...

Events and seminars

Workshops help with international sales Businesses looking to dive into the international marketplace can get expert help at a seminar by SEDA-Council of Governments’ Export Development Program. The “Introduction to Exporting” seminar will be held on two dates and locations: April 20 ...

Region’s sales staff for chip distributor wins yearly award

Frito-Lay North America's Central Pennsylvania team has been honored with this year's Dale Stortz Award for being the “Zone of the Year” for 2016, according to a news release. The Dale Stortz Award, named for one of Frito-Lay's most respected sales leaders, is awarded annually to the ...

MIKE REUTHER/Sun-Gazette
From left, Alicia Koch, Nate Saar, Steve Koch and Bob Koch gather around the bar, with its seven top-25 beers, at Bullfrog Brewery.

Downtown brewery’s beers named to state’s top 25 list

Seven of the top 25 beers brewed in the state come from an address in downtown Williamsport. Besides rolling out such top-rated beers as Le Roar Grrrz Druiven and Et Tu Brut, the Bullfrog Brewery also has been named to the RateBeer.com list of the top 100 brewers in the world. Bob Koch and ...

People in business

Director of information services retires, assistant director steps up to fill vacancy After nearly 19 seasons at Little League International, Barry Grove has officially announced his retirement as the Little League director of information services. With Grove’s last day set for April 7, ...

Events and seminars

Courses address manufacturing certification IMC announces Lean Manufacturing Level One Certification starting Tuesday. According to a news release, if business owners and management want to reduce waste, maximize productivity, increase responsiveness and engage employees, then equip people ...

IRS hotline extends customer service hours

To help meet the high demand to its toll-free call center that typically comes as the tax deadline nears, the Internal Revenue Service is extending its customer service hours, according to a news release. The first two weeks of April are typically some of the busiest times of the year for IRS ...

Investment advisory firm wins award

According to a news release, Thrivent Mutual Funds has been honored with six prestigious 2017 Thomson Reuters Lipper Fund Awards, including winning the Best Overall Small Fund Family, out of 32 fund families, and the Best Mixed-Assets Small Fund Family award, out of 50 fund families. In ...

City doctor honors leaders at celebration of Chinese New Year

The Philadelphia Chinese Benevolent Association held its 2017 Chinese New Year Banquet on March 28 at Joy Tsin Lau Chinese restaurant in Chinatown to grandly celebrate The Year of the Rooster. About 600 people attended. According to a news release, the atmosphere was very warm and welcoming ...

Hiring slows, but joblessness falls to 10-year low in the US

WASHINGTON (AP) — U.S. employers cut back sharply on hiring in March, yet Friday’s jobs report still had much to be encouraged about, including a drop in the unemployment rate to 4.5 percent, the lowest in a decade. Employers added just 98,000 jobs, the Labor Department said. It was ...