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What you need to know about bank failures

NEW YORK (AP) — Recent turmoil in the banking industry may have you worried about your money. Shares of PacWest, a small regional bank based in Los Angeles, plunged almost 40% Thursday after the company confirmed it may put itself up for sale. Anxiety over potential bank runs has sent shares of smaller banks tumbling. A bank run is when large numbers of people withdraw their money from a bank all at once. Since March, three regional banks have failed — Silicon Valley Bank, Signature Bank and First Republic Bank. If the recent bank collapses have you worried about the safety of ...

Penn State: 50 likely to lose jobs

(A version of this story first appeared in Talk of the Town, a weekly newsletter by Spotlight PA’s State College regional bureau featuring the most important news and happenings in north-central Pennsylvania.) STATE COLLEGE — Penn State, the commonwealth’s largest public university, ...

Retail, e-commerce and technology specialist named

Little League International recently announced naming Kelsey Baysore as its retail e-commerce and technology specialist. According to a news release, Baysore previously served as a retail marketing and e-commerce associate since 2016. “Kelsey’s initiative to continue to learn and make customer-friendly improvements within the department has elevated the Little League retail team’s ability to serve our volunteers and fans,” said Christa DeAngelo, Little League Retail general manager, according to the news release. “She takes great pride in her work and has earned this ...

Williamsport native named library’s outreach director

The Himmelreich Memorial Library has named Elizabeth “Betsy” Lewczyk to a new position as national outreach director for “The Awakening In America.” A Williamsport native, Lewczyk most recently served in significant roles for two leading Christian universities, as well as for entrepreneurial and influential small businesses in Texas. Prior to that, she served in administrative, service and teaching positions within central PA, Georgia and Wisconsin. She also held key management positions in the financial services sector within the greater Philadelphia area. “As a devoted ...

Corporate filing switch leads to longer waits for business owners

(This story first appeared in The Investigator, a weekly newsletter by Spotlight PA featuring the best investigative and accountability journalism from across Pennsylvania.) HARRISBURG — Business owners trying to register new companies in Pennsylvania faced unusually long waits this winter, ...

Little League names creative director

Little League International recently announced the hiring of Amanda Cropper-Rose as its new creative director. According to a news release, Cropper-Rose rejoins Little League after serving on the graphic design team from 2014-22. “We are thrilled to be able to welcome Amanda back to our ...