Fed bank leader to speak at F&M Builders group honors Stanley Philly files $6.6M suit vs. Yuengling iTunes song sales reach 25 billion
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, will speak at Franklin & Marshall College on Tuesday.
His 7:30 p.m. lecture, titled "Economics and the Federal Reserve After the Financial Crisis," will be in the Barshinger Center. It's free and open to the public.
Lacker is a 1977 graduate of F&M. He holds a doctorate from the University of Wisconsin. He has been president of the Federal Reserve Bank of Richmond since August 2004.
Mark Stanley has won the 2012 Presidential Award and 2012 Associate of the Year Award from the Building Industry Association of Lancaster County.
Stanley, managing partner at Hartman Underhill & Brubaker, was recognized for his commitment to the BIA and his efforts to improve the state process for builders seeking highway-occupancy permits.
POTTSVILLE (AP) -- The City of Philadelphia says the company that makes Yuengling beer owes $6.6 million in back taxes.
The city filed a lawsuit in the Court of Common Pleas on Wednesday, saying Pottsville-based D.G. Yuengling & Son Inc. has failed to pay business-related taxes, fees and penalties since December 2008.
Yuengling's chief operating officer, David A. Casinelli, told the Republican-Herald of Pottsville he believes it has to do with a dispute the brewery has had with the city over the business privilege tax. The company sells its products in the Philadelphia area through an independent distributor.
A spokesman for Mayor Michael Nutter declined comment.
LOS ANGELES (AP) -- The answer to the trivia question will be: "Monkey Drums (Goskel Vancin Remix) by Chase Buch." That's the 25-billionth song purchased on iTunes.
Apple announced the sales milestone in a news release Wednesday. The company said Phillip Lupke of Germany purchased and downloaded Buch's song and will receive an iTunes gift card worth 10,000 euros, or about $13, 500.
It took the Cupertino, Calif., company almost 10 years to reach the milestone. Customers download an average of 15,000 songs a minute from the iTunes music store, which was launched in April 2003. The digital retailer's catalog is 26 million songs deep.