Business Briefs: Wabtec signs deal with Alaska Railroad


Share with others:


Print Email Read Later

Wabtec signs deal with Alaska Railroad

Wilm­erd­ing-based rail parts man­u­fac­turer Wabtec said Wed­nes­day it has signed a $16.6 mil­lion con­tract for its pos­i­tive train con­trol sys­tem equip­ment and ser­vices with Alaska Rail­road Corp.

Video tech firm receives capital investment

Green Tree-based pan­o­ramic video tech­nol­ogy com­pany EyeSee360 has re­ceived an un­spec­i­fied cap­i­tal in­vest­ment from Green­wich, Conn.,-based pri­vate eq­uity firm Cat­ter­ton Part­ners. The in­vest­ment will go to­ward mar­ket­ing and de­vel­op­ment of the 360Fly pan­o­ramic video cam­era, the 360Mi­croFly smart­phone at­tach­ment and 360Fly.com video host­ing.

Phishing scam claims to be from IRS service

The In­ter­nal Rev­e­nue Ser­vice is warn­ing con­sum­ers about a phish­ing scam that uses emails falsely claim­ing to be from the IRS Tax­payer Ad­vo­cate Ser­vice. The emails di­rect re­cip­i­ents to click on links for in­for­ma­tion about the "ad­vo­cate" as­signed to their case or to let them re­view re­ported in­come. The links lead to Web pages that so­licit con­fi­den­tial per­sonal in­for­ma­tion. Re­cip­i­ents should not re­spond or click any links in the emails, and are urged to for­ward the sus­pi­cious mes­sages to the IRS at phish­ing@irs.gov.

Amazon announces $99 TV box

Am­a­zon an­nounced Wed­nes­day that it was mak­ing a $99 set-top box, its bold­est de­par­ture yet from its or­i­gins as a shop­ping site. The small de­vice, called Am­a­zon Fire TV and avail­able now, will al­low con­sum­ers to watch Am­a­zon’s video li­brary on their tele­vi­sion sets. Fire TV will show a range of con­tent from other pro­vid­ers, in­clud­ing Hulu, Net­flix and ESPN.

BlackBerry ending licensing deal with T-Mobile

BlackBerry is end­ing its U.S. li­cens­ing deal with T-Mo­bile, say­ing the com­pa­nies no lon­ger have com­ple­men­tary strat­e­gies. The dis­con­nect ap­pears to be re­lated to a T-Mo­bile pro­mo­tion that BlackBerry took is­sue with last month that asked us­ers to switch their BlackBerry de­vices to a com­pet­i­tor’s smart­phone. BlackBerry’s ex­ist­ing li­cens­ing agree­ment with T-Mo­bile ex­pires April 25.

Factory orders rebound 1.6 percent in February

Fac­tory or­ders rose 1.6 per­cent in Feb­ru­ary, the most in five months, fol­low­ing de­clines of 1 per­cent in Jan­u­ary and 2 per­cent in Decem­ber, the Com­merce Depart­ment re­ported Wed­nes­day. The Feb­ru­ary gain re­flected a re­bound in or­ders for com­mer­cial air­craft and au­tos. But de­mand for core cap­i­tal goods, con­sid­ered a good guide to busi­ness in­vest­ment plans, fell 1.4 per­cent in Feb­ru­ary.

Chrysler recalls SUVs to fix brake system

Chrysler is re­call­ing 867,795 Jeep Grand Chero­kee and Dodge Durango sport-util­ity ve­hi­cles to in­stall a shield to pro­tect brake boost­ers from wa­ter cor­ro­sion. Ve­hi­cles from model years 2011 through 2014 will be in­spected and the boost­ers re­placed where nec­es­sary, the Auburn Hills, Mich.-based car­maker said in a state­ment.

Lufthansa pilot strike grounds jets

Deut­sche Luft­hansa AG can­celed thou­sands of flights Wed­nes­day at the start of a three-day strike by pi­lots that’s set to cause the worst dis­rup­tion in the air­line’s his­tory. Some 3,315 ser­vices were sus­pended through Fri­day, ac­cord­ing to Luft­hansa. The Frank­furt, Ger­many-based com­pany is ne­go­ti­at­ing with about 5,400 pi­lots in the dis­pute over re­tire­ment ben­e­fits.


Join the conversation:

Commenting policy | How to report abuse
To report inappropriate comments, abuse and/or repeat offenders, please send an email to socialmedia@post-gazette.com and include a link to the article and a copy of the comment. Your report will be reviewed in a timely manner. Thank you.
Commenting policy | How to report abuse

Advertisement
Advertisement
Advertisement

You have 2 remaining free articles this month

Try unlimited digital access

If you are an existing subscriber,
link your account for free access. Start here

You’ve reached the limit of free articles this month.

To continue unlimited reading

If you are an existing subscriber,
link your account for free access. Start here