The sales tax on most purchases will be waived Aug. 14-15, corporations and startups would receive new tax breaks, and the state’s large small business sector would be lifted with a series of stimulus policies under legislation agreed to by House and Senate leaders later Friday.

First Franklin Corp. slid to loss of $558,000, or a loss of 33 cents per share, in the second quarter of 2010.

Glimcher Realty Trust told investors Friday it wrapped an offering of 18.2 million company shares in a deal that netted nearly $100 million. (GRT)

The University of Dayton Research Institute received a $3.5 million grant from the state of Ohio as part of more than $34 million being doled out statewide to fuel economic development. (NCR)

A 10,000-square-foot residential condominium project hit hard by the recession is expected to have a new owner soon. Bids are due Friday for the bank-owned property in upper Georgetown at 2136 Wisconsin Ave. NW.

Voorhees Town Center in New Jersey will have two new restaurants and a coffee shop, the mall’s owner said Friday. (PEI)

The electricity from the Cape Wind project would cost 10 percent less than previously planned under an agreement reached in principal with the state attorney general’s office.

Environmental Tectonics Corp. said Friday it has increased the number of people on its board of directors to six with the appointment of former astronaut Winston Scott.

MEDecision founder David St. Clair has rejoined the company as its interim CEO.

The University of Dayton Research Institute has landed a $3.5 million grant from the state of Ohio as part of $34 million being doled out statewide for job-ready sites. (NCR)

Touting the Obama administration’s trade enforcement efforts, U.S. Trade Representative Ron Kirk told a crowd of southwestern Pennsylvania workers that his office is filing a case against Guatemala for what the U.S. sees as unfair labor practices in violation of a free trade agreement between the two countries.

Superstar race horse Rachel Alexandra will race next month at Saratoga Race Course, her owners announced Friday.