Thursday, April 30, 2009

Daily Briefing, 4/30/2009

Good morning everyone! Here is today's Daily Briefing.

The fallout from Senator Specter's switch to the Democratic Party continues. The newest Democrat in the Senate held a press conference yesterday with President Obama and Vice President Biden, reaffirming his support for his new party but saying that he will not be anyone's rubber stamp. The Morning Call runs a story on former Lehigh Valley Congressman Toomey, who now appears to be the favorite for the Republican nomination for Senate. So far, it appears to be Specter vs. Toomey in the 2010 election in what is sure to be one of the most energetic races in the country. In other local news, Sands Bethlehem will hold a test-run of its slots on May 18 and May 20. The money collected that day will benefit numerous local charities. The Sands will open May 22.

Yesterday, The Chamber held a training seminar on how businesses can take advantage of Social Networking to make money and gain exposure. Specifically, the seminar showed the basics of Facebook, LinkedIn, YouTube, Twitter and Blogging. The event was sold out and over 100 people attended. WFMZ ran a story on the event as well. We will be holding another one in the near future.

In swine flu news, it appears that Pennsylvania has seen its first case, located in Hunterdon County. Nothing has come close to the Valley yet. Worldwide, more cases are being reported in new locations and the World Health Organization has increased the threat level for the disease.

In national news, President Obama held the third prime-time press conference of his Presidency, marking his 100th day as President. Chrysler appears ready to declare bankruptcy, possibly within the next few weeks. Good news for stocks though, as they are at four month highs.

We have two Chamber events today: a ribbon cutting at the newly renovated Holiday Inn in downtown Allentown and a member orientation for new members, showing how you can best use your member benefits.

That's it today! Hmm, busy news day. Have a good one!

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