Wednesday, May 13, 2009

Daily Briefing, 5/13/2009

Good morning everyone! Here is what we have for you today.

Nearly 3,000 people attended a job fair yesterday that was sponsored by The Morning Call and CareerBuilder. 46 vendors were in attendance, seeking job applicants. The attendance of the applicants were up, while vendors were down. Meanwhile, in Bethlehem, LANTA approved a daily shuttle to run between the Sands Bethlehem and the city.

In national news, the hope that the economy is recovering was dented yesterday by the announcement that home foreclosures shot up 32% in April, although this is possibly due to more aggressive behavior by banks. Bad news for Social Security and Medicare, as a reported published yesterday noted that the recession has taken a hit on each, with the Social Security trust fund potentially being depleted by 2037. There is some good news for GM, as the company is apparently making money - outside of the U.S. Alright. And, in Europe, Intel has been fined $1.45 billion by the EU for antitrust violations.

We have one Chamber event today: the Shining Star award from SOLEBO.

And that's it! Have a great day.

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