Good morning everyone! Here is today's Daily Briefing.
In Allentown, it appears the city is heading for layoffs of 38 employees unless the city and SEIU can come to an agreement that would involve delaying already agreed upon pay raises. In Bethlehem, City Council agreed to serve as the conduit for a $1.25 million grant to redevelop Martin Towers. In Lehigh County, one Commissioner wants the County to look at limiting pay raises for employees. And good news for Downtown Allentown - it looks like the city will have a very busy summer! The city is also getting funding to demolish the old Calo Building near the Lehigh River in order to make room for the continued redevelopment of the area. In, speaking of development near rivers, Easton yesterday discussed a plan to upgrade its riverfront as well.
In national news, CNNMoney.com runs a story on the most profitable companies in the world. #1: Exxon-Mobile, who earned a profit of $45,220,000,000 last year.
We have one Chamber event today: a seminar on Information Technology at King Spry in Bethlehem.
And, don't forget our offer from yesterday - we are happy to put a link to your website (provided you are a Chamber member) from this blog - just leave a comment here or E-mail me at MikeS@lehighvalleychamber.org.
Have a great day!