Reading Royals To Be Sold To Berks Businessman

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

The Reading Royals will be sold to Berks County businessman Jack D. Gulati, officials involved in the deal announced today.

Gulati said he plans to keep the Kelly Cup winners in Reading and based out of the Santander Arena.

He has agreed to buy 100 percent of the team shares. Ownership had been split between the Berks County Convention Center Authority and SMG, the company that operates the arena.

The sale is contingent on EHCL, formerly East Coast Hockey League, approval.

Read more: http://readingeagle.com/news/article/reading-royals-to-be-sold-to-berks-businessman#.Uv-jHPRDsxI

Enhanced by Zemanta

Human Services Chief: Bulk Of Westmoreland County’s Violent Crime Linked To Addictions

Map of Pennsylvania highlighting Westmoreland ...

Map of Pennsylvania highlighting Westmoreland County (Photo credit: Wikipedia)

Nearly all violent crime in Westmoreland County is drug-related, and it costs taxpayers millions of dollars, according to the county’s human services director.

The national epidemic of drug abuse should be treated as a public health issue rather than a crime problem, Dr. Dirk Matson said this week at a Central Westmoreland Chamber of Commerce luncheon.

In 12 years, the death rate from drug overdoses has nearly quadrupled, Matson said.

“The community needs to own the problem,” he said.

Read more: http://triblive.com/news/westmoreland/5590452-74/county-drug-matson#ixzz2tPcdTYT4
Follow us: @triblive on Twitter | triblive on Facebook

Enhanced by Zemanta

Business Forum: Steel, Health Dare And Future Wealth Of Our Robotic Region

Locator map of the Greater Pittsburgh metro ar...

Locator map of the Greater Pittsburgh metro area in the western part of the of . Red denotes the Pittsburgh Metropolitan Statistical Area, and yellow denotes the New Castle Micropolitan Statistical Area, which is included in the Pittsburgh-New Castle CSA. (Photo credit: Wikipedia)

A city that doesn’t make things can never be a real city.

The Steel City got its name and built its international reputation by making the best metal products in the world. For Hollywood, wealth and fame came from making the greatest motion pictures the world has ever seen. Silicon Valley earned its place in history by giving us the personal computer, the cell phone and just about every other indispensable high-tech gadget you can think of.

In the aftermath of the dismantling of the steel industry, Pittsburgh was especially fortunate to have a world-class health care and university system. These gems allowed us to sidestep the ruinous fate that has befallen other Rust Belt cities such as Detroit and Gary, Indiana.

However, in the long run those regional assets will not be enough to elevate this metropolitan statistical area and its wealth back to the level it enjoyed during the middle of the last century.

Read more: http://www.post-gazette.com/business/Biz-opinion/2014/02/15/Steel-health-care-and-future-wealth-of-our-robotic-region/stories/201402150066#ixzz2tPa3gmXI

Enhanced by Zemanta

Economic Slowdown Widespread

INDICATOR: January Industrial Production and Import/Export Prices

KEY DATA: IP: -0.3%; Manufacturing: -0.8%/Imports: +0.1%; Nonfuel: +0.3%; Exports: +0.2%; Farm: -0.5%

IN A NUTSHELL: “The current economic slowdown, that hopefully can be blamed on the weather, is widespread.”

WHAT IT MEANS: January can be a cruel month and this year it is especially so. Job gains were mediocre, unemployment claims are above where we would like to see them, retail sales were pathetic and not surprisingly, manufacturers reacted by cutting back production sharply. Industrial production was off moderately in January but only because utilities had to produce massive amounts to heat our homes, offices and plants. Manufacturing output tanked as fifteen of the nineteen industry groups posted declines.

Read more at http://www.philly.com/philly/blogs/economics_in_a_nutshell/Economic-slowdown-widespread.html#BofjoT0tjMWvuhFk.99

Enhanced by Zemanta

Bridgeport Addresses Issue Of ‘Amateur Landlords’

Map of Pennsylvania highlighting Montgomery County

Map of Pennsylvania highlighting Montgomery County (Photo credit: Wikipedia)

BRIDGEPORT, PA — Over the past year, many residents and landlords have complained at borough council meetings about overcrowding of and conditions at rental properties.

In response to these complaints, borough council has provided funds in the 2014 budget for a program to help resolve the issue of amateur landlords.

At its Feb. 11 meeting, council discussed hiring a third-party inspector to handle rental properties in the borough.

Read more: http://www.timesherald.com/general-news/20140214/bridgeport-addresses-issue-of-amateur-landlords

Enhanced by Zemanta