Business Briefs: 0611/14

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11 programs to receive $1.46M from United Way

United Way of Allegheny County said its Impact Fund will allocate $1.46 million annually over the next three years to fund 11 programs targeted to assist senior citizens and people with disabilities. The programs include services such as home repairs, caregiver education and employment counseling. All the projects will be facilitated by nonprofits in partnership with government agencies and universities. Also, the Impact Fund will allocate $575,000 over the next year to support five programs of the United for Women initiative that assists women in crisis.

Employers ramped up job searches in April

Employers posted nearly 4.5 million jobs in April, up strongly from 4.2 million in March, the Labor Department said Tuesday. It’s the largest number of job listings since September 2007.

United to base frequent miles on fare prices

United Airlines on Tuesday made a dramatic change to its frequent-flier program, basing earnings on dollars spent rather than miles flown. Chicago-based United’s new MileagePlus program mirrors a move made by Delta Air Lines earlier this year. The switch will take effect March 1 of next year.

Google agrees to buy satellite images provider

Google’s acquisition machine took flight again Tuesday, as the technology giant agreed to buy Skybox Imaging, a provider of high-quality satellite images, for about $500 million. Google will gain a way to improve its mapping service and access to a company that launches satellites into space.

Wholesale stockpiles rose 1.1 percent in April

U.S. wholesale businesses built up their stockpiles of goods 1.1 percent in April, the Commerce Department said Tuesday. Sales at the wholesale level climbed 1.3 percent, led by autos, furniture and pharmaceutical drugs. Year-over-year, sales are up 6.7 percent.

Valeant plans hostile bid for Allergan

Valeant Pharmaceuticals aims to take its bid for Allergan to the Botox maker’s shareholders after Allergan’s board unanimously rejected its latest offer of about $53 billion.


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