Thomas R. Henchey, Business Manager
Around the Local
ibtimes.com: Johnson and Johnson announced a more than $1 billion investment in a new cell therapy manufacturing facility in Montgomery County. The project will generate more than 4,000 construction jobs during development and 500 permanent biomanufacturing positions once the plant is fully operational.
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whyy.org: WHYY outlines steps Pennsylvania residents can take to lower rising electric bills, including home weatherization, energy efficient appliances, and free state energy audits available to qualifying households. Rate increases tied to data center growth, infrastructure costs, and PJM capacity auction pricing have driven bills up sharply across the state.
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Warner Bros. Discovery agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a bidding war after Netflix withdrew its offer. The transaction is expected to close in Q3 2026 pending regulatory and shareholder approval.
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The IBEW called for transparency and regulatory scrutiny following a second round of CBS News layoffs and plans to shut down CBS News Radio, warning that a proposed merger of CBS News with CNN raises serious questions about the future of union broadcasting jobs.
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Per a new EIA report, wind and utility scale solar generated a record 17 percent of US electricity in 2025, up from less than 1 percent in 2005. Utility scale solar rose 34 percent year over year, while combined wind and solar reach 19 percent when residential installations are included.
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