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Customers Bancorp Authorizes New Stock Repurchase Plan
WEST READING, PA — Customers Bancorp, Inc. (NYSE: CUBI), the holding company for Customers Bank, has authorized a new common stock repurchase plan. The plan allows the company to buy back up to 497,509 shares of its outstanding common stock over the next year. The previous repurchase plan expired...
New Report Shows Mixed Signals in June Housing Market
SAN FRANCISCO, CA — HouseCanary, Inc., a national brokerage, has released its June Market Pulse Report, revealing a complex picture of the U.S. housing market. The report noted a 2.6% increase in net new listings compared to June 2023, yet the market remains below historical norms. The median price...
Sources: Several students suspended over 'cruel' TikToks impersonating Chester Co. teachers
The Great Valley School District in Chester County held a news conference on Monday to address issues over the 22 fake TikTok accounts created by students to impersonate their teachers.The district released a statement Sunday saying the accounts were created by 8th graders at the Great Valley Middle School.They were first discovered in February, district leaders say.During a school board meeting on March 18, several parents expressed their concerns over the district's handling of the issue.During that meeting, the President of the Great Valley Education Association Nikki Salvatico spoke about the graphic and disturbing nature of the accounts."The nature of...
Trevena Secures New Financing Amendment with R-Bridge Healthcare Fund
CHESTERBROOK, PA — Trevena, Inc. (Nasdaq: TRVN) has announced a significant amendment to its existing royalty-based financing agreement with R-Bridge Healthcare Fund, L.P. This amendment brings both immediate and potential future financial benefits to the company. Under the new terms, Trevena will receive an immediate $2 million payment from...
More than 80 Police Departments across Southeast Pennsylvania to Target Aggressive Drivers during Statewide Mobilization
The Pennsylvania Department of Transportation (PennDOT) announced today that more than 80 municipal police departments from Bucks, Chester, Delaware, Montgomery, and Philadelphia counties will join the Pennsylvania State Police in a coordinated aggressive driving enforcement wave. This collective effort, part of a statewide mobilization running through August 18, is aimed at reducing the number of crashes, injuries, and fatalities on our area roadways, ensuring your safety on the road.
Middle schoolers impersonate teachers in lewd, homophobic, racist TikTok videos, officials say
Students at a Chester County middle school created fake TikTok accounts of teachers in which they made lewd, racist and homophobic videos, officials confirmed. The New York Times first reported on Saturday, July 6, that eighth grade students at Great Valley Middle School in Malvern, Pennsylvania, impersonated teachers at the school in TikTok videos that included allusions to pedophilia, racist memes, homophobic statements and false claims of sexual hookups. A spokesperson for the Great Valley School District confirmed in a statement that 22 fictitious TikTok accounts were created impersonating their teachers back in February of this year.
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