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Pessimistic attitude about business climate prevails among Pa. executives

A recent survey of more than 360 business executives from across Pennsylvania found that a majority of executives are pessimistic about the outlook of the state's business climate.

Poll: Majority of Pennsylvanians oppose tax collection on internet companies

A recent poll conducted by the National Taxpayers Union and R Street Institute found that a majority of Pennsylvanians oppose legislation that would allow the state to collect sales tax from e-merchants not based in the state.

Pittsburgh area tech firms pulled in $60 million in venture capital for Q2

A new report on Pittsburgh's tech industry showed four tech firms in the area raised at least $10 million in venture capital in the second quarter, pushing the regional total to $60 million among 21 companies.

Falling bankruptcies may be result of improved lending regulation, credit availability

Personal bankruptcies in Western Pennsylvania and nationwide have steadily fallen for the past four years, which may better underscore the impact of tightened regulations and credit availability rather than improved economic conditions.

Business "wins" in southwestern Pennsylvania increased 12 percent in 2013

The Pittsburgh Regional Alliance (PRA) recently released its annual development performance scorecard, which showed a 12 percent increase in new facilities, company expansions, and attraction/retention of firms and startups across southwestern Pennsylvania.

Allegheny Institute questions plan to increase property taxes in Pittsburgh

The Allegheny Institute for Public Policy recently criticized a plan to increase property taxes in Pittsburgh - a move advocated by some lawmakers as a means to address the city's financial woes.

Philly, Scranton municipal pensions severely distressed

The Allegheny Institute for Public Policy's latest municipal pension system report, released on Sept. 18, showed that the pension programs in Philadelphia and Scranton are in severe distress.

Chester County Chamber hosting Marcellus Shale tour Sept. 30

The Chester County Chamber of Business and Industry will host a bus tour on Sept. 30 to Northeast Pennsylvania for a lesson on the natural gas that exists in the Marcellus Shale and its impact on the state.

Corbett signs bill clarifying study commissions to merge municipalities

HB 1177, which clarifies the process of creating study commissions to discuss the possibility of merging and consolidating local government entities, was signed into law by Pennsylvania Gov. Tom Corbett on Wednesday.

Cigarette tax approved by state senate

The state senate approved a bill on Tuesday that would allow the School District of Philadelphia to levy a $2 tax on each pack of cigarettes sold, but Sen. Anthony Hardy Williams (R-Philadelphia) said it doesn't solve the education funding problem plaguing Pennsylvania.

Senate committee advances Taxpayer Protection Act

A bill known as the Taxpayer Protection Act, which would limit state government spending, was approved by the State Senate Finance Committee in a 7-to-4 vote on Sept. 16.

ChamberPAC releases endorsements for 2014 general election

The Pennsylvania Chamber of Business and Industry have announced their endorsements for the legislature in the 2014 general election.

Hobby Lobby to open new store in Washington, Penn.

Hobby Lobby will hold a ribbon-cutting and grand-opening ceremony for its newest store in South Starbane Township at 9 a.m. Oct. 6.

PPG Industries opens new regional headquarters

Pennsylvania Gov. Tom Corbett joined PPG Industries at the grand opening of its new 118,000-square-foot regional headquarters for its architectural coatings business in Cranberry Township on Thursday.

Bill to study potential tax structure changes referred to committee

A resolution sponsored by Rep. W. Curtis Thomas calling for a study on how the state would fare with a change to the income tax structure was referred to the House Finance Committee for review on Wednesday.

Water treatment expert appointed to DEP advisory committee

Jon Prawdzik, a long-time member and compliance regulator for the Pennsylvania-American Water Company, was named to the Pennsylvania Department of Environmental Protection's Certification Program Advisory Committee on Tuesday.

Bill to ease business financing options sent to state Appropriations Committee

A bill that calls for consolidating several of the state's business loan programs into the proposed Pennsylvania Business Development Authority (PBDA) was sent to the House Appropriations Committee for review on Wednesday.

Schwank votes to quicken recovery for financially distressed communities

State Sen. Judy Schwank (D-11) voted in favor of House Bill 1773, a proposal that would make comprehensive changes to Act 47, the Municipalities Financial Recovery Act, on Wednesday.

Raise the Wage PA Coalition will hold 10 days of awareness events

Union members across Pennsylvania will rally to demonstrate support for raising the state's minimum wage to at least $10.10 an hour during 10 days of events sponsored by the Raise the Wage PA Coalition beginning today.

Metro Business Network