Chester County News and Community Website
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NEWARK, DE — Sallie Mae (Nasdaq: SLM) reported lower second-quarter profit as declining interest income and higher operating expenses outweighed a rise in noninterest income, underscoring pressure on the private …
Sallie Mae Profit Falls as Interest Income Weakens Read More
WASHINGTON, D.C. — The Food and Drug Administration licensed the first freeze-dried plasma product for U.S. use last week, creating a room-temperature option for treating adult patients when conventional plasma …
FDA Clears First Freeze-Dried Plasma for Emergency Use Read More
WILMINGTON, DE — Qnity Electronics Inc. (NYSE: Q) appointed semiconductor industry veteran Katherine “Kate” Dei Cas as president of its Semiconductor Technologies segment, effective Aug. 3, as the company positions …
Qnity Names Semiconductor Unit Chief as AI Demand Reshapes Chips Read More
WASHINGTON, D.C. — U.S. Sens. Dave McCormick, R-PA, and Tammy Duckworth, D-IL, introduced bipartisan legislation Friday that would raise a federal transportation bond limit by $15 billion and expand eligibility …
McCormick, Duckworth Bill Seeks $15 Billion Bond Expansion Read More
WEST READING, PA — Customers Bancorp Inc. (NYSE: CUBI) reported second-quarter net income available to common shareholders of $71.6 million, or $2.05 per diluted share, as loan and deposit balances …
Customers Bancorp Profit Rises as Loans, Deposits Hit Records Read More
WASHINGTON, D.C. — The Federal Trade Commission is seeking $300,000 from ticket broker Elite Events and its owners to settle allegations that they used hundreds of accounts, payment methods and …
FTC Targets Ticket Broker Over Bulk Buying Tactics Read More
READING, PA — EnerSys (NYSE: ENS) is refocusing its planned U.S. lithium-ion battery plant on defense and aerospace applications, narrowing the facility’s mission to supply domestically produced cells for customers …
EnerSys Narrows U.S. Battery Plant to Defense Market Read More
LANCASTER COUNTY, PA — Drivers should prepare for daytime lane restrictions on Route 222 as PennDOT conducts rescheduled bridge inspections over Cocalico Creek in West Earl and Warwick townships. At …
Route 222 Inspections Could Trigger Daytime Traffic Delays Read More
WILMINGTON, DE — WSFS Financial Corp. (Nasdaq: WSFS) reported higher second-quarter earnings as loan growth, expanding deposits and stronger wealth management fees helped offset continued pressure on loan yields, while …
WSFS Profit Rises as Deposit, Wealth Businesses Fuel Growth Read More
WASHINGTON, D.C. — Five small businesses will compete in Washington, D.C., on Sept. 18 for a share of $1 million in prize funding after advancing to the final round of …
SBA Names Five Finalists for $1M Patriot Pitch Competition Read More