Business Week in Review

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Ride-sharing companies fined

Ride-sharing in Pittsburgh took a serious blow due to hefty fines issued by the state Public Utility Commission. Drivers for Lyft and Uber also face $1,000 fines and possible suspension of their vehicle’s registration. The PUC argues that the ride-sharing companies, which have private citizens perform taxi services in their private vehicles, are in violation of state laws that prohibit taking compensation for transportation without a state-issued certificate of public convenience. 

Magee or Hillman?

Cancer patients seeking treatment at UPMC’s acclaimed Hillman Cancer Center will find the same treatments in the same building under a new name. UPMC transferred Hillman and its Passavant cancer program under the stewardship of Oakland’s Magee-Womens Hospital in an accounting move designed to save millions of dollars. The move was made because Magee clinics are able to purchase medications at a discounted rate through a federal program designed to help clinics serving low-income populations. The change is expected to save UPMC more than $10 million per year. 

Trading up

The road from high school to a four-year institution has taken a sharp curve toward technical and trade schools. The College Savings Foundation’s “How to Plan to Fund College” survey revealed that 1 in 5 participants think of vocational and career schools in the same way they think of public and private colleges. The survey also showed that 76 percent of students factored the cost of school in their college choice.

Quote of the Week

“In 1970, Pittsburgh had a cutting-edge, visionary ballpark in Three Rivers Stadium. It turned out that didn’t have the sustaining legs as a ballpark design. I personally believe PNC Park can, and I hope that 50, 60, 80 years from now, it’s seen as an icon.” 

— Pirates owner Bob Nutting on a 10-phase study designed to keep PNC Park as a viable ballpark for years to come.

Deborah M. Todd: or 412-263-1652. Twitter: @deborahtodd.

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