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Powell: Fed on track to slow aid for economy later this year

WASHINGTON — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession. The Fed’s move could ...

Muncy Bank Financial, Inc. appoints new director

MUNCY —Stephen M. Tasselli was appointed to the board of Muncy Bank Financial, Inc. during the August board meeting, according to Robert J. Glunk, chairman of the board. In addition, he will serve as a member of the company’s Salary, ALCO, Trust, Building and Investor Relations ...

Hope Enterprises names new chair of board of directors

WILLIAMSPORT — Hope Enterprises, Inc., a non-profit provider of services for people with intellectual disabilities in Lycoming, Clinton, Northumberland, Sullivan, Columbia, Montour, Snyder and Union counties, has named Michael P. Barclay as chair of its board of directors effective July 1, 2021. In his role, Barclay will lead the 25-member volunteer board in advocating on behalf of those with intellectual disabilities within HOPE’s service area, and overseeing the organization’s direction and mission. Barclay, who has served as a member of HOPE’s board since 2004, will lead the ...

Redmond’s Complete Comfort earns national industry award

BEECH CREEK — Redmond’s Complete Comfort of Beech Creek has been named one of three 2021 Charles Bryant Award winners. The Charles Bryant Award, named for the company’s founder, recognizes loyal Bryant Factory Authorized Dealers (FAD) that epitomize the characteristics of Charles ...

Croda expands pharmaceutical excipients facility

MILL HALL —On July 26, Croda Inc. officially opened its newly expanded pharmaceutical excipients facility with a ribbon cutting celebration. The event, led by Mill Hall Site Director Robert Strouse, saw Croda’s President of Life Sciences Daniele Piergentili, President of Consumer Care ...

In New York City, impending vaccination rules prompt concern

NEW YORK (AP) — Michael Musto can’t bring himself to ask his regulars at his Staten Island restaurant, Cargo Cafe, to prove they’ve been vaccinated against the coronavirus. So if New York City presses on with its plans to require eateries, bars, gyms and many other public gathering places to require patrons to show proof of vaccination before coming indoors, he will again shutter his dining room and move operations outside. “I just don’t see myself doing that, asking for proof,” Musto said. Barely half of his neighborhood’s residents have been fully vaccinated against ...