BUSINESS
Texas Roadhouse steakhouse opens in Wilkes-Barre

WILKES-BARRE — Sirloin or filet mignon? Rare or well-done? Texas Roadhouse, a national restaurant chain known for its steaks, ribs, chicken, pork chops and other meat dishes, opened in Wilkes-Barre on Monday afternoon, and several customers already have posted positive reviews on the eatery’s Facebook page. Pittston resident Jeffrey Bartush posted: Always amazing!! Food is […]

Comments - 5:04 pm - updated: 5:05 pm.

503 men and women run the largest U.S. public companies. Only two are black.

The number of African-American chief executives among the largest U.S. public companies — already a tiny group — decreased by one this week when American Express announced the retirement of its longtime CEO, Kenneth I. Chenault. When he leaves the credit-card issuer’s corner office on Feb. 1, only two black chief executives will remain at […]

Comments - 5:45 pm

White House: Business tax cuts aid families

WASHINGTON — By slashing corporate tax rates, the Trump administration said Monday, the average U.S. household will get an estimated $4,000 more a year. This stunning 5 percent increase was met with skepticism from tax experts and Democratic lawmakers who said the math was flawed. Spread across every U.S. household, the White House analysis claims […]

Comments - 6:26 pm

Online shopping just one challenge faced by malls these days

PLAINS TWP. — People love to blame online shopping for the decline of malls across America, but the seeds for this shakeout were planted long before Amazon became better known as a shopping website than as a river. “We overbuilt retail tremendously in the United States in the last couple of decades,” said Larry Newman, […]

Comments - 9:56 am

Mohegan Sun Pocono names VP of Marketing

PLAINS TWP. — Mohegan Sun Pocono has named Erica Tessier as its new vice president of marketing. A seasoned casino veteran specializing in casino promotions and rewards programs, Tessier is now responsible for overseeing marketing strategy and execution for all consumer and casino communications, a press release states. Tony Carlucci, president and general manager at […]

Comments - 5:40 pm

Colours building new facility in Hanover Township, adding 10 to 15 jobs

WILKES-BARRE — Colours Inc. — a leading regional distributor of automotive paints, coatings and paint-related accessories — announced this week it is moving to a new, larger space in Hanover Township next year, creating 10 to 15 new jobs. Owner Tim Evans, 60, of Shavertown, said Colours is an exclusive dealer of PPG Industries’ paint, […]

Comments - 10:06 am - updated: 10:27 am.

Nobel economics prize goes to Richard Thaler

WASHINGTON — People make poor economic choices. They don’t save enough for retirement. They refuse to cut their losses on plummeting investments because they won’t own up to mistakes. They buy houses and stocks when prices are high, thinking that what’s going up today will keep going up tomorrow. Richard Thaler of the University of […]

Comments - 6:39 pm

Advertiser spotlight: Top of the Slope to hold major Columbus Day sale

WILKES-BARRE — It’s early October, but that doesn’t mean it’s too early to start thinking about the ski slopes. At least, that’s true if you ask the folks at Top of the Slope. Top of the Slope is an outdoor-goods shop that’s been helping Wilkes-Barre residents get their outdoors fix for more than 40 years, […]

Comments - 1:15 pm

Most Netflix subscribers will pay 10 percent more soon

SAN FRANCISCO (AP) — Netflix is raising the price for its most popular U.S. video streaming plan by 10 percent — a move aimed at bringing in more money to outbid HBO, Amazon and other rivals for addictive shows such as “Stranger Things.” The change announced Thursday affects most of Netflix’s 53 million U.S. subscribers. […]

Comments - 8:32 am

ATM fees rise in nation for 11th straight year; Pennsylvania city the highest

Drawing cash from an ATM is beginning to feel like a ritual from a bygone era. Like buying a record on vinyl, it’s a once-universal experience for which users are now paying a premium. This year marks the 11th consecutive annual increase in bank ATM fees for customers using out-of-network machines, according to a new […]

Comments - 9:56 am

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