Ray Kroc built his first restaurant in 1955 in Des Plaines, after franchising the brand from the original owners, Richard and Maurice McDonald.
The Chicago Tribune reports the store was torn down in 1984. McDonald’s Store No. 1 Museum opened the next year, with the original restaurant’s sign out front.
Which? investigation of product prices reveals 60% were cheaper or the same price on other days of the year
It seems like a great program, training unemployed miners and under-employed others at computer coding boot camps.
Referendum on election day would set up mechanism to lower or eliminate property taxes, but much more would have to happen.
Voters across Pennsylvania will get a chance on Tuesday to vote on an enduring and typically unpopular issue: property taxes.
Voters will decide whether to expand a statewide mechanism to allow for the eventual reduction or elimination of property taxes on primary homes.
A ballot question on Tuesday asks voters if they want to amend the state constitution to authorize local taxing authorities, such as school districts, to use the state’s homestead exclusion program to exempt homeowners from all property taxes on their primary residences. Commercial property taxes would not be affected.
Unfortunately, if the Referendum passes on Tuesday, replacing the lost revenue will be a problem for the PA General Assembly.
Natural gas prices are expected to increase 12 percent, home heating oil will rise 17 percent, electricity will go up 8 percent and propane 18 percent, according to the2017 Winter Fuels Outlook from the U.S. Energy Information Administration.
When Mike Sylvester entered a career training center earlier this year in southwestern Pennsylvania, he found more than one hundred federally funded courses covering everything from computer programming to nursing.
What many experts call false hopes for a coal resurgence have mired economic development efforts here in a catch-22: Coal miners are resisting retraining without ready jobs from new industries, but new companies are unlikely to move here without a trained workforce. The stalled diversification push leaves some of the nation’s poorest areas with no clear path to prosperity.
By passing the measure, 216-212, Republicans unlocked procedural powers that allow the Senate to pass a tax bill with just 51 votes — and evade Democratic filibusters. But even with the ability to sideline Democrats, the GOP faces a daunting task as it tries to rewrite the tax code.
How can you add solar power generation to a building without it being visible? You use transparent panels of solar cells positioned over each window. According to Richard Lunt, the Johansen Crosby Endowed Associate Professor of Chemical Engineering and Materials Science at MSU, it could replace rooftop solar.
The plan is expected to pay out nearly $129 million in benefits this year but will collect only about $54 million in contributions.
If the current level of benefits is maintained, the fund is projected to run out of money in 2028.
The State Employment and Unemployment Summary released Friday shows the state’s unemployment rate had a significant annual drop with the September 2016 rate being 5.5 percent.
The holidays are right around the corner, but Walmart won’t be hiring for help.
The retailer plans to meet its need for extra work during the holiday shopping season by giving existing employees more hours, according to a release from the company.
Hiring seasonal holiday help is a tradition in retail. Walmart (temporary holiday workers.) rival Target ( ) has already announced plans to bring on 100,000
Walmart giving more holiday hours to employees, rather than hiring additional help.
(Reuters) – Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains.
(CNSNews.com) – Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics.
The same data also shows that in three years—from 2013 to 2016—the average tax bill for Americans increased 41.13 percent.
Three factors are working in West Virginia’s favor right now: a global infrastructure boom, the rising price of natural gas, and the legacy of a recession that hit the Mountaineer State harder than most.
While most industries struggled during the recession, the energy sector actually performed relatively well. States like West Virginia, Texas, North Dakota and Oklahoma experienced revenue booms as hydraulic fracturing boosted the supply of oil and natural gas.
And while other industries bled jobs at a furious pace, West Virginia actually added mining jobs through even the depths of the recession: 35,300 West Virginians were employed in the mining and logging industry — the broad sector measured by the Bureau of Labor Statistics — at its recent peak, in December 2011
Gregory Okin is quick to point out that he does not hate dogs and cats. Although he shares his home with neither — he is allergic, so his pets are fish — he thinks it is fine if you do. But if you do, he would like you to consider what their meat-heavy kibble and canned food are doing to the planet.
Okin, a geographer at UCLA, recently did that, and the numbers he crunched led to some astonishing conclusions. America’s 180 million or so Rovers and Fluffies gulp down about 25 percent of all the animal-derived calories consumed in the United States each year, according to Okin’s calculations.
Starbucks announced on Thursday that all 379 Teavana stores — which are primarily based in malls across the country — have been “underperforming.” The move will impact 3,300 workers.
The country’s gross domestic product grew 2.6 percent at an annualized pace, the Commerce Department said Friday.The U.S. economy rebounded strongly between April and June, government data showed Friday morning, as businesses invested more and consumers shelled out for furniture, washing machines and other goods.
The country’s gross domestic product, a broad measure of economic activity, grew 2.6 percent at an annualized pace in the second quarter of 2017, the Commerce Department said. Yet measures of inflation remained weak, casting more doubt on the Federal Reserve’s plan to continue steadily raising interest rates.
Comparing January-June 2017 with the same time period in 2016:
• Closed sales are up 3.24 percent (13,682 units in 2017 versus 13,252 in 2016);
• Closed sales volume is up 5.34 percent ($2,441,128,758 in 2017 versus $2,317,284,476 in 2016);
• Average sale price is up 2.03 percent ($178,419 in 2017 versus $174,863 in 2016); and
• Home listings are down 0.28 percent (18,433 units in 2017 versus 18,485 in 2016).
“Because of today’s action, the most common toll for a passenger vehicle will increase next year from $1.23 to $1.30 for E-ZPass customers and from $1.95 to $2.10 for cash customers,” turnpike officials said in a news release.
View the current toll rates: Pennsylvania Turnpike toll calculator
The increase represents a 45 percent bump from the number of H-2B visas normally issued for the second half of the fiscal year, said senior Homeland Security officials in a call with reporters.
Faced with projections of continuing enrollment declines, members of the PASSHE oversight board will vote on a 3.5 percent tuition increase recommended at a committee meeting Wednesday.
If adopted, the increase will boost the lowest base tuition for undergraduates from $7,238 a year to $7,492.
How do we pay for the state’s $32 billion spending plan?
This may interest you because it could make the difference in whether or not there’s a need for a major state tax increase in the next year or two; whether the decks are clear for another run at school property tax reform; or who gets what kind of ammunition for key state elections in 2018.
Or, just because some the proposals under consideration could really tinker with Pennsylvania’s social fabric.
In 1993, Ford City lost its massive PPG plate-glass factory after years of the company stripping jobs and lowering production. To replace that 200-acre facility, the borough was able to obtain $12 million in federal and state funds, as well as private investment, to construct a 70,000-square-foot business incubator.
A recent report from Credit Suisse, a Wall Street financial services firm, predicted that up to 25 percent of America’s malls will close in the next five years. The evidence appears to be insurmountable that Century III will be one of them.
The signs are everywhere. The massive 1.2 million square-foot building is eerily quiet and has dozens of empty storefronts. Many of the escalators have been turned off. The water in the fountain has been drained, although signs still caution against playing in it. Trash receptacles are strategically placed to catch water leaking from the ceiling.
With the end of the current fiscal year a scant eight days away, Gov. Tom Wolf is sending some pretty clear signals about what he does (and more importantly) doesn’t want to see in a finished spending plan.
Speaking to reporters Wednesday, the York County Democrat didn’t exactly say no to a Republican-backed plans to balance the books.
These stark numbers come from the National Low Income Housing Coalition’s latest Out of Reach report, which maps the minimum hourly wage required to afford a modest rental based on federal Fair Market Rent (FMR) estimates. The report defines “affordable” as housing and utilities that cost no more than 30 percent of a person’s annual income—also the basic standard used by the feds. NLIHC has run these reports since 2005, and this minimum “housing wage” is rising year over year.
SHANKSVILLE – A new National Park Service report shows that 1,061,400 visitors to the five western Pennsylvania National Park Service sites in 2016 spent $64 million dollars in communities near the park.
That spending supported 1,058 jobs.
The five Western Pennsylvania parks are Allegheny Portage Railroad National Historic Site, Flight 93 National Memorial, Fort Necessity National Battlefield, Friendship Hill National Historic Site and Johnstown Flood National Memorial.
The measure replaces the current generous retirement benefit with three new options that rely partially or entirely on a 401(k)-style plan.
The measure, passed by the Republican-controlled legislature, reconstructs the state’s current pension system for future state employees and public school teachers, replacing the current generous retirement benefit with three new options that rely partially or entirely on a 401(k)-style plan.
Here’s what the company reported vs. what the Street was expecting:
- Earnings per share: $1.21, excluding items, vs. forecast of 91 cents, according to Thomson Reuters analysts’ consensus estimates.
- Revenue: $16.02 billion vs. $15.62 billion estimate, analysts said.
- Same-store sales: 1.3 percent drop vs. forecast of a 3.7 percent decline, according to FactSet.
Commerce Secretary Wilbur Ross announced deals that will send U.S. beef exports to China, allow Chinese imports of cooked poultry, expand U.S. electronic payment services and provide for faster regulatory approval of biotechnology products by Beijing.
The outdoor chain had previously filed for Chapter 11 Bankruptcy in March 2017 and closed 32 underperforming store,s including those in Morrisville, at 2100 Village Market Place, and in Charlotte.
* Total payrolls up 211,000 vs 185,000 estimate & downwardly revised 79,000 prior (original 98,000)* Private payrolls up 194,000 vs 185,000 estimate & downwardly revised 77,000 prior (original 89,000)
* Unemployment rate down to 4.4 pct vs 4.6 pct estimate & 4.5 pct prior
* Average hourly earnings growth 0.3 pct vs 0.3 pct estimate & downwardly revised 0.1 pct prior (original 0.2 pct)
* U-6 rate pct 8.6 pct vs 8.9 pct prior* Labor force participation 62.9 pct vs 63.0 pct prior
* Household survey: Workforce grew by 12,000, employed rose by 156,000, unemployed fell by 146,000