citationbiz_20202

Loan forgiveness through the Paycheck Protection Program did not stop over the holidays. As of Jan. 9, 85 percent of the over $790.8 billion in PPP for both 2021 and 2020 has been forgiven, according to the US Small Business Administration, which manages the forgivable loan program established to assist small business owners affected by …

When Does The Sba’s Top Executive In Pittsburgh Say Ppp Forgiveness Will Be Completed? Read More »

A Bitcoin mining business based in Venango County that went public last month has completed the purchase of a factory in east-central Pennsylvania that nearly doubles its power generation capacity, and is expanding its presence in Pittsburgh with the addition of a local tech leader. The Panther Creek plant in Nesquehoning, Carbon County, Pennsylvania, a …

The Acquisition Of A Bitcoin Company Has Been Completed, And The Company Now Has Its Sights Set On Pittsburgh Read More »

The region’s company owners and top executives have regained confidence in their companies and the Pittsburgh economy. Even while they are concerned about rising business costs, supply chain disruption, and staff attraction and retention, they remain optimistic. When compared to their expectations a year ago, more business leaders expect their company’s sales and profitability to …

Jobs Will Be Difficult To Fill, And Supply Chain Disruptions Will Be A Problem; Revenue And Earnings Are Likely To Climb In 2022, According To The Pittsburgh Economic Outlook Report Read More »

Gov. Tom Wolf issued an executive order and his support for a bevy of bills targeted at raising the wages, benefits, and safety of employees statewide during a Thursday tour in Pittsburgh, touting a “on the rebound” economy. “It’s a common fallacy that stiffing your employees leads to large profits. That isn’t how it works. …

During A Visit To Pittsburgh, Governor Wolf Called For Increased Worker Salaries, Sick Leave, And Safety Read More »

According to freshly disclosed data from the Federal Deposit Insurance Corporation, PNC Financial Services Group Inc.’s retail subsidiary, PNC Bank, easily topped the list of the region’s largest banks by deposit market share. PNC (NYSE:PNC), whose deposits in the 10-county Pittsburgh metro area totaled $91.24 billion, up about $9 billion from the previous year and …

Deposits Hit A New High In Pittsburgh, As Pnc Maintains Its No. 1 Position Read More »

On today’s show, we’ll discuss how the region’s economy has improved, with unemployment down and consumer confidence up, but targeted efforts are still needed to help get employment and economic growth back to pre-pandemic levels; and how the region can best support residents in need as federal, state, and local aid provided during the pandemic …

Compared To Early In The Pandemic, The Pittsburgh Region Is Experiencing Economic Growth, Which Is Expected To Accelerate Read More »