Business


 Cash stashed for safe keeping in between mattresses.

Modern money hoarders turn to bank accounts

Americans are hoarding a record $5 trillion cash in bank money market accounts ready for instant withdrawal.

about 1 hour ago


Developer unveils plan for Hyatt hotel on Pittsburgh Athletic Association grounds

It represents a scaled-down version of an earlier $45 million plan that called for roughly 190 rooms and 199,000 square feet of space.

about 1 hour ago


 The Department of Labor expects to formally publish the rule this week, opening a 60-day comment period. Congressional approval is not required, said Cecilia Munoz, director of the White House Domestic Policy Council.

New rule could mean more salaried Americans to receive overtime wages

The new labor rule would require employers to pay time-and-a-half wages to salaried workers earning up to $50,440 a year.

about 1 hour ago


U.S. court agrees Apple violated antitrust law in e-book entry

A panel ruled that a lower-court judge correctly found that Apple Inc. violated the law to upset Amazon.com Inc.’s control of the market.

about 2 hours ago


 JetBlue Airways adds fee for checked luggage

Judge denies UPMC stay; PPG completes Germany expansion; JetBlue starts baggage charges

News from UPMC; Highmark; PPG; JetBlue; Pep Boys; ConAgra; Willis Group; Towers Watson; and more.

about 1 hour ago


 The Federal Reserve is on track to raise interest rates later this year. Chairwoman Janet Yellen has good reasons to push ahead, but she may not get very far in her quest to “normalize” rates.

Business Forum: Fed’s tough journey to higher interest rates

The Federal Reserve is on track to raise interest rates later this year.

about 1 hour ago


 Parent and Graduate PLUS loan interest rates will go down to 6.84 percent, instead of 7.21 percent for loans issued last year.

Student loan rates to drop for coming year

Starting Wednesday, new federal loans will have lower rates than loans taken out last year. But they likely will creep back up in 2016-2017.

1 day ago


CNX Coal to start trading July 1

Consol Energy Inc. has announced that it will begin trading units of its thermal coal spinoff, CNX Coal, July 1.

about 6 hours ago


 The Tractor Supply Co. store in North Fayette opened two months ago.

Tractor Supply Co. sneaking up on urban areas like Pittsburgh

Earlier this year, the Tractor Supply corporate team increased its U.S. store target from 2,100 to 2,500.

1 day ago


Pittsburgh region's adjusted unemployment rate sees slight rise

The increase of one-tenth of a percentage point is the same increase that hit the state and the nation.

about 3 hours ago


Greece’s looming default sends stocks sharply lower

Coming six years into a bull market, it was Wall Street’s worst day in 2015.

1 day ago


 A drill rig along Route 19 in Amwell Township, Washington County

Bill would prohibit drillers from paying smaller royalties

A Pennsylvania bill would prohibit drillers from paying landowners a smaller royalty fraction than the minimum share required by law.

about 14 hours ago


 The Gateway Towers association board is looking for solutions after the incidents in April and May when window panes crashed to the ground during severe weather with high winds.

Gateway Towers condominium plans to inspect windows after pair of incidents

Residents have been ordered not to use their windows after two dislodged, forcing management to block off sidewalks.

1 day ago


 Doug Cole, Monroeville police chief, announce plans to install a new set of security cameras that will monitor a larger section of the Monroeville Mall.

Monroeville Mall installing new cameras

The move is the latest in a series of changes that followed a string of violence there earlier this year.

about 1 hour ago


 The liquor privatization plan would allow about 14,000 beer-sales license holders — retailers, restaurants, grocery stores and others — to pay a higher fee for permission to also sell wine, liquor or both.

Pennsylvania Senate approves budget, liquor privatization bills

The Senate passed a budget bill late this afternoon, after earlier approving a bill that allows privatization of liquor sales.

about 6 hours ago


Business Workshop: Top court gives firms new class-action shield

Two Supreme Court decisions remind businesses about the power of contracts.

1 day ago


Regulator calls on electric utilities to evolve

To truly embrace energy efficiency, utilities must no longer rely on sales growth for revenue, PUC commissioner says.

1 day ago


 Google has agreed to add the nation’s 250,000 railroad crossings to its mapping and mobile applications.

Getting on track: Google set to add U.S. railroad crossings to apps, online maps

Crashes and deaths rose at rail crossings last year, reversing a long trend of decreases.

1 day ago


Halliburton closing 430-worker plant in western Pennsylvania

Halliburton closing 430-employee plant in Pennsylvania, 80 percent will get transfer offers

about 7 hours ago


House stymies DEP on drilling rules

DEP would have to scrap an update rules for PA’s traditional oil & gas drilling industry and begin the 4-year-old rulemaking process again.

1 day ago


 The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 0.9 percent to 112.6 last month,

Uncle Maddio’s Pizza opening; Jefferson Hospital expands rehab; pending home sales climb

News from Uncle Maddio’s; Jefferson Hospital; National Association of Realtors; Siemens; Dresser-Rand; Sysco; US Foods; and FCA US.

1 day ago


 The lawsuits don’t specifically say if or how each customer provided Verde with a phone number.

Verde Energy illegally called customers' cell phones, lawsuits say

Customers in Western Pennsylvania allege the energy retail supplier used an automatic dialing system to harass them with marketing calls.

1 day ago


Supreme Court’s mandatory minimum ruling viewed as ‘game-changer’

The state Supreme Court’s decision leaves the question of whether these schemes will return in the hands of the General Assembly.

1 day ago


 Two days before Kraft Foods Group shareholders are scheduled to vote on the planned merger, the new senior leadership slate of Kraft Heinz was detailed with roles for 20 executives.

Kraft Heinz details its new senior leadership team

CEO Bernardo Hees to bring along many of his Heinz executives, but a number of Kraft officials will also be part of the new company.

1 day ago


 A plume of exhaust extends from the Mitchell Power Station in Washington County in September 2013.

Pa. impact may be 'minimal' as Supreme Court overturns EPA's mercury rule

The 5-4 decision found the EPA did not consider compliance costs in regulating power plant emissions of mercury and air pollutants.

1 day ago


 Kraft Foods Group Inc. & H.J. Heinz Co. products.

Once the Kraft-Heinz deal is done, the 3G Capital team will get to work

The pressure is on the Brazilian investment firm to find savings and increase profits using the formula it has perfected at other companies.

3 days ago


Len Boselovic's Heard Off the Street: Before blowing the whistle on corporate ploys, check the rule books

A lawyer who represents whistle-blowers says they can be rewarded by complying with laws protecting them, but those laws are complicated.

3 days ago


 Attorneys Jerry Dickinson, left, and Dan Vitek, right, on the steps of the City County Building where their pro bono cases involving low-income tenants facing eviction are heard.

Teaming up to help Pittsburgh-area tenants in public housing eviction cases

Neighborhood Legal Services Association and Reed Smith want to offer the legal help that many residents don’t have access to.

3 days ago


 Eugene Thomas, owner of Quik-it  Chicken on the North Side, was one of several black-owned businesses targeted for the One Large project, which challenged participants to spend money in black-owned businesses across the country.

Artists' purchasing initiative shows difficulty of finding companies with black owners

Here the effect has been to highlight the limited number of black-owned businesses providing gasoline, fresh produce and other essentials.

3 days ago


Workzone: Some summer office wear too hot for business casual

Ahhh, summer. It’s a time for flip-flops and T-shirts, sun dresses and cargo shorts.   Just not in the office.

3 days ago


Elder Law: So, You Want to Retire!

In our practice, we often get asked to assist clients in helping them plan for, or even keep them, in retirement.

3 days ago


 Cambridge Audio BlueTone 100.

Don Lindich's Sound Advice: Flawless phone charger doesn't exist

Every brand seems to have its issues here and there, no matter the price.

3 days ago


Attitudes evolving on sports gambling

As society has evolved and gambling has spread, legalized sports betting in the U.S. is becoming an increasingly real possibility.

3 days ago


U.S. companies take grassroots approach when it comes to ensuring gender equity on corporate boards

European companies are adding women to their boards at a faster rate than U.S. businesses as a result of government quotas and mandates.

3 days ago


 AnnMarie LeBlanc

People on the Move: 6/28/2015

News and updates on appointments, promotions and honors from around the region.

3 days ago


Office Coach: Dropping team member with management buddies will require a careful approach

How to deal with an unmanageable team member, plus tips on what a new employee can discuss at a lunch meeting with a new boss.

3 days ago


  Abby Kohut gives her talk "Secrets Recruiters Don't Want You To Know" at a church in San Diego, CA.

Former recruiter turned speaker will speak to potential job seekers

Abby Kohut spent 18 years as a recruiter working for companies such as Scholastic and Leo Pharma.

4 days ago


 American flags fly in front of the New York Stock Exchange, in New York. Chinese stocks underperformed badly Friday,  as panicked investors rushed to sell over fears that an extended bull market was coming to an end. Elsewhere, stocks traded softly as the standoff between Greece and its international creditors appeared little closer to being resolved.

Stocks end mostly lower as Greece debt deadline approaches

Investors now turn to next week, when the U.S. government will release the June jobs report.

4 days ago


State issues $95,000 penalty against Sunoco Logistics for wastewater spills

Sunoco Logistics faces penalty related to series of wastewater spills during construction of Mariner East pipeline in Western Pennsylvania.

4 days ago


Experts forecast slower U.S. economic growth

Forecasts that U.S. economic growth will slow backed by demographics, lack of investment.

4 days ago


Mylan again promises to avoid using ’18 earnings target in deal

Mylan again promises regulators it won’t refer to earnings goal in its hostile bid for an Irish drug maker.

5 days ago


 Bicyclists cross Liberty Avenue, Downtown, as part of the Open Streets Pittsburgh event on May 31.

Merchants divided on Open Streets road closings

Open Streets PGH, part of a national movement to foster outdoor activity, closed more than 25 city intersections from 8 a.m. to noon May 31.

5 days ago


Consol curbs expectations for coal IPO

The Cecil-based company lowered the price of its coal master limited partnership and the number of units it plans to sell.

4 days ago


 Becky Zajdel and Adam Longwill of Meta Mesh want their model of wireless mesh Internet networks to become a low-cost solution to connect low-income users.

Allentown firm aims to rethink, rewire Internet access in Pittsburgh region

Neighborhood wireless networking company is hoping to connect communities in Pittsburgh and beyond.

5 days ago


Big Heart Pet Brands closing Pittsburgh office; Hyatt Centric Hotel planned for Oakland

Read more business news about consumer spending, General Mills and recalls from Mitsubishi, Acura and Subaru.

5 days ago


Consumer Reports: Home sale mistakes

Home-sale mistakes that cost you money

5 days ago


 Workers with Specified Systems prepare for the installation of new curtain wall windows, called SageGlass, on Thursday to improve energy efficiency and maximize natural light in the soon-to-be Carlow University Commons, formerly Grace Library.

Carlow University Commons renovations

The soon-to-be Carlow University Commons, formerly Grace Library.

5 days ago


 “Both of these entities have a view that there’s nothing more important than their dispute with each other,” says Pennsylvania's executive deputy attorney general.

Pennsylvania official cites ‘‍acrimony’ in Highmark-UPMC battle

The health care giants have been battling since last year over cancer payments, treatment rates and the process for settling disputes.

6 days ago


Big Heart Pet Brands closing North Shore operation

Owner J.M. Smucker Co. said it plans to consolidate the work done here into its Orrville, Ohio, headquarters.

5 days ago


 Pittsburgh International Airport has been pressing U.S. Customs to add more staff in cases where more than one international flight arrives around the same time, to minimize long wait times. But so far the agency has not seen the need to do so.

Slow lines at customs raise concerns at Pittsburgh International Airport

Customs officials say a big factor affecting wait times is the so-called “sandwich effect,” when multiple flights land all at once.

6 days ago



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