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Business

Tips for essential businesses to keep staff and customers safe

LEWISTOWN — The Pennsylvania Department of Health website has put out guidelines for essential businesses to continue to help slow the spread of COVID-19. The basics of washing hands and not touching the face remain. In addition, the DOH gave these additional reminders and ways to help ...

Dow drops more than 900 points, ending worst week since 2008

Wall Street ended the week the same way it began: in full retreat from the coronavirus. Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation’s economy in the hope of limiting the spread of the ...

Filthy lucre: Paper money shunned for fear of virus spread

NEW YORK (AP) — In a world suffering a pandemic, cash is no longer king. A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading ...

Cautious optimism on Wall St., markets rise with hope of aid

NEW YORK (AP) — Stocks capped a wobbly day on Wall Street with solid gains Thursday, reflecting cautious optimism among investors that emergency action by the U.S. government and central banks will cushion the global economy from a looming recession caused by the coronavirus pandemic. The ...

Kish Bank acquires Sausman

MIFFLINTOWN — William P. Hayes, Chairman and CEO of Kish Bank and Chairman of Kish Insurance, and Timothy P. Burris, Owner and Principal of Sausman Insurance Agency of Mifflintown, have announced the signing of a definitive agreement for the acquisition of the assets and practice of Sausman ...

Gov. submits request for disaster loans

Gov. Tom Wolf requested that the U.S. Small Business Administration (SBA) implement an SBA disaster declaration so these businesses and non-profits can access SBA Economic Injury Disaster Loans in all 67 counties in the state. The SBA anticipates the request will be approved within 24 to 48 ...

Stocks tumble, investors dash for cash amid recession fears

NEW YORK (AP) — Stocks tumbled more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump’s 2017 inauguration. Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush ...

SBA updates criteria on states for requesting virus disaster loans

Small businesses across Pennsylvania can access disaster assistance loans once Gov. Tom Wolf approves an Economic Injury Disaster Loan declaration to the U.S. Small Business Administration (SBA) SBA’s Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable, ...

CareerLink to close for 10 days from virus

LEWISTOWN — As a precautionary measure to stop the spread of COVID-19, the PA CareerLink Mifflin County office will be closed through Friday, March 27. The agency anticipates reopening on Monday, March 30. Updates will be posted on Facebook (PA CAreerLink Mifflin County) as they become ...

Stocks jump after Trump promises to ‘go big’ on aid

NEW YORK (AP) — Stocks rallied Tuesday as President Donald Trump promised he’s “going big” with plans to prop up the staggering economy through the coronavirus outbreak. Besides the White House’s proposal, which could approach $1 trillion, the Federal Reserve also announced its ...