Business


 Lyft cars line up in a parking lot at the Waterfront in Homestead.

Lyft leaves room for creativity

Lyft is is supposed to be quirky and counterculture, but is it “too cute” to take on the more corporate, better capitalized Uber?

about 5 hours ago


Constantly changing online prices stump shoppers

Retailers can change online prices dozens of times per day.

about 5 hours ago


6 things Warren Buffett says you should do with your money in 2015

With the year winding down, we combed through all the advice The Oracle of Omaha has given us in 2014.

about 5 hours ago


U.S. holiday sales may recover with help of deep discounts

Spending strongest in consumer electronics and home improvement retailers.

about 5 hours ago


Nonprofits Life’sWork and Northshore Community Alliance merge; Pitt professors receive USAID award;

More business news on Ford recalls, MetLife, U.S. shippers, dockworkers contract talks.

about 5 hours ago


Wine-cork makers battle screw tops

Screw caps growing popular in market where cork once dominated.

about 5 hours ago


 Looking east from the 16th Street Bridge in the Strip District, this is a view of the land that the Buncher Co. is developing as part of its $450 million Riverfront Landing project that will stretch from 11th to 21st streets.

Hundreds of housing units planned for Strip District development

A Cleveland developer is teaming with Buncher to build the complex, which will feature townhouses and penthouse lofts, among other spaces.

about 5 hours ago


 Federal Reserve Chair Janet Yellen.

Federated Investors predicts stock rise in 2015

Federated analysts say the solid economic recovery, low inflation and historical indicators point to double-digit market gains next year.

1 day ago


 The 2015 Chrysler 200C borrows Dodge Dart design cues, and the result is a pretty sedan. But in a quick side glance, shades of the old oval Ford Taurus spring to mind.

Scott Sturgis’ Driver’s Seat: Redesign for 2015 gives Chrysler 200C a lot to offer

An upgrade for the make’s bottom-of-the-line model is an all-around improvement, but the reliability reports are not in yet.

1 day ago


 A roofer works under the midday sun in July in Gilbert, Ariz.

Study: Hotter days mean less cold cash

Days that averaged about 77 degrees ended up reducing income by about $5 a day when compared with days that were about 20 degrees cooler.

1 day ago


Amazon’s new robot army is ready to ship

Amazon shows off army of new robots designed to help workers meet holiday shipping crunch

1 day ago


 President Barack Obama announces a shift in policy toward Cuba while delivering an address to the nation from the Cabinet Room of the White House in Washington on Wednesday.

Mixed reactions in Pittsburgh to Cuba normalization

Cuban-Americans, experts and advocates discuss the impact of President Obama’s announcement on Cuba.

1 day ago


5 Christmas Scams to Avoid This Year

New waves of holiday scams are cropping up that can compromise the good cheer of the season.

1 day ago


Money and mission: When investments conflict with philanthropy

Mission-related investing has received a boost from the so-called divestment movement.

1 day ago


 Federal Reserve Chair Janet Yellen makes a statement on jobs and economic outlook in Washington.

Interest rate hike not expected in first quarter of 2015

Stocks log biggest gain in more than a year on Fed's 'patient' pledge

1 day ago


Kratsa Properties sells hotels; Apollo Bancorp raises dividend; Senate OKs locks and dams measure

More business news on consumer prices, Philips, American Apparel, Avon, Panera Bread, The ExOne Company

1 day ago


 The Washington, D.C.-based Consumer Federation of America says it has uncovered a new pricing technique in auto insurance rate filings made by Allstate in Pennsylvania and roughly a dozen other states.

Auto group warns of insurance pricing 'scheme' in Pennsylvania, other states

The pricing models were developed to boost profits by raising rates on policyholders who are unlikely to shop around for a better price.

2 days ago


FedEx second quarter falls short of Wall Street expectations

The shipping company blamed aircraft maintenance charges for an increase in its costs, which affected the earnings results.

1 day ago


 “The mayor has the right idea. It’s going to come together,” said Dan McCaffery, chairman and CEO of Chicago-based McCaffery Interests.

Developers optimistic on joint plan for Strip District produce terminal building

McCaffery Interests CEO optimistic about Strip District produce terminal building redevelopment plans.

2 days ago


 The Consol Energy Center is cited as the first NHL arena to secure a Gold certification by the U.S. Green Building Council’s Leadership in Energy and Environmental Design rating system in 2010.

Report finds Pennsylvania a rising U.S. leader in clean energy

Renewable energy and efficiency projects over the next decade could add 5 gigawatts of capacity and generate $17.7 billion in investment.

2 days ago


  A early morning view of the Golden Triangle from the roof of the U.S. Steel Tower.

Planning commission backs legislation to add 'affordable' housing to Pittsburgh’s development policies

The legislation is meant to encourage the construction of more housing for poor and working-class people.

2 days ago


Federated Investors forecasts double-digit stock market advance

Company officials say the forecast is pegged to the strengthening economy, tame inflation, and historical indicators related to politics.

1 day ago


Pennsylvania Supreme Court affirms $151M ruling against Wal-Mart

The case concerns unpaid wages from work during breaks and in other circumstances.

2 days ago


Jeff Yeager's 10 Hacks for Saving Money in December

These ten steps can help you celebrate a joyous holiday season wisely!

2 days ago


Millcraft lines up Fogo de Chao Brazilian Steakhouse; Northwest Savings Bank to buy Lorain National Bank; Ampco-Pittsburgh names CEO

Business news from the First Energy, PNC Foundation, Mylan, Commerce Department, Amazon, Chrysler and Radio Shack

2 days ago


Pennsylvania attorneys say shale work still strong despite low oil prices

The drop in prices isn’t having an immediate impact because a lot of projects are already in the works, attorneys said.

3 days ago


 Christopher E. Ballod

People on the move: 12/15/2014

Company news from Pietragallo Gordon Alfano Bosick & Raspanti; Reed Smith; Sykes Elder Law; Keevican Weiss Bauerle & Hirsch.

3 days ago


 From left to right, Tonya Snyder, of BNY Mellon, Justine Patrick, Jayme Butcher, Jennifer Smokelin, Carolyn Duronio, all of Reed Smith, and Shefali Shah of BNY Mellon.

Roundtable highlights Pittsburgh companies’ women/diversity initiatives

The Reed Smith roundtable included representatives from BNY Mellon, EQT, Highmark, MSA Safety, Giant Eagle and PNC.

3 days ago


State questions fees for paper utility bills, companies fight back

As utility customers are undeniably shifting to online billing, Pennsylvania could put the brakes on penalties for those who prefer paper.

3 days ago


Business Workshop: New Pennsylvania construction directory addresses subcontractor liens

A mechanics’ lien is an interest in the title to a property, meaning the owner cannot sell it until the contractor or subcontractor is paid.

3 days ago


 John Thornton, CEO of Astrobotic, stands in front of the company's Griffin Lander at their headquarters in the Strip District.

Astrobotic and CMU land $750,000 in race to moon

Astrobotic, which is developing the lunar lander for the team's entry, won $250,000 in the “imaging” category.

2 days ago


 The rendering for 350 Oliver, the Saks building redevelopment in Downtown Pittsburgh.

Millcraft announces first tenant for Saks site in Downtown Pittsburgh

Fogo de Chao, a Brazilian steakhouse, has signed a lease to occupy about one-third of the 30,000 square feet of street-level retail space

2 days ago


How to make sure your retirement savings last as long as you do

Planning for retirement these days can be daunting, as people are living longer, healthier lives.

3 days ago


Alcoa reaches deal to buy Tital, Peet's Coffee & Tea closing Pittsburgh stores, Wittlin Simon & Newman merges with McCall Scanlon & Tice

Other business briefs from the Federal Reserve, the National Association of Home Builders, Bob Evans Farms, Uber and Google

3 days ago


Pittsburgh conference seeks input for region's energy future

The amount of energy lost in the Pittsburgh region is enough to power the entire states of Pennsylvania and West Virginia, panel said.

3 days ago


Business forum: President’s executive action only goes so far to fix immigration

President Barack Obama’s executive actions on immigration have sparked a firestorm from detractors and jubilation from supporters.

3 days ago


 Bradley Bledsoe, vice president of Mountain Energy, on his company's property in Aleppo.

Why, atop a field of natural gas, can't Greene County residents get gas?

Regulators have ordered Peoples Natural Gas to take control over a small utility in Aleppo while the two were negotiating a private deal.

3 days ago


 From left, former Hatfield's Ferry Power Station employees Andy Sinclair, Butch DiBease, and Derek Santini in front of the now-closed station in Masontown.

Will shale boom, pending regulations leave coal industry jobs behind?

Expected layoffs at Emerald Mine in Greene County come at a time of uncertainty for the coal industry.

3 days ago


Allegheny County names new airport director

Christina Cassotis, a former Boston aviation consultant, has been named CEO of the Allegheny County Airport Authority.

3 days ago


FedEx buys O'Hara-based logistics company Genco

FedEx, which has its Ground headquarters in Moon, is schedule to release its second quarter results on Wednesday.

2 days ago


 Uber is operating in the Pittsburgh area under temporary authority from the Pennsylvania Public Utility Commission.

Charges dismissed for Uber drivers cited for trespassing at Pittsburgh airport

District Justice Anthony Saveikis threw out the charges against the drivers after they agreed to discontinue pick-ups at the airport.

3 days ago


 Sony Pictures Entertainment headquarters in Culver City, Calif. The FBI is investigating a hacking attack at Sony Pictures Entertainment last month that caused major internal computer problems at the film studio last week.

Sony asks media to destroy leaked data as Sharpton meeting looms

The Sony Corp. unit is widening its efforts to stem damage from the release of employee salaries, health records, movie stars’ fees and

3 days ago


2015 Interest Rate Projections: Here's how rates will affect your money next year

A look at what rates have been doing over the last year, where they are expected to land in 2015 and what it all means for consumers.

4 days ago


Peet's closing coffee shops in Pittsburgh area, Ohio

Peet’s coffee shops closing in the Pittsburgh area are in Oakland, the SouthSide Works and Waterworks Mall near Aspinwall.

3 days ago


Sony hacking highlights challenge to CEO Hirai's 'One Sony' vision

The Japanese conglomerate is heading for its fifth net loss in six years, raising questions about its ability to hold on to businesses.

3 days ago


Summit Midstream plans Utica Shale natural gas pipeline system

The $400-million investment will develop a gathering system for ExxonMobil subsidiary XTO Energy in southeastern Ohio.

3 days ago


Pittsburgh-area gas prices fall by steepest margin

They fell 6.7 cents to an average of $2.85, the biggest weekly drop since prices started dropping in September.

3 days ago


 UPMC now appears willing to allow all Highmark-insured customers now under UPMC care through their doors after Jan. 1.

Highmark patients 'have the right' to ongoing UPMC care, hospital network says

News Analysis: Two weeks away from a divorce, UPMC wants to keep its Highmark patients; Highmark says it’s keeping 80 percent of UPMC docs.

5 days ago


 Catherine Stone, 1, tries out a child-sized chair during a visit to the Robinson Ikea store with her mother, Maurin. This year the store celebrates 25 years in Pittsburgh.

Less chrome, more dark wood helped Ikea adapt to the Pittsburgh market

The furniture chain’s outpost in Robinson since 1989 still hasn’t been able to teach Pittsburghers how to pronounce those Swedish names.

5 days ago


 People who experienced a temporary job loss or a bad credit event, such as foreclosure or a car repossession, face an uphill battle getting a home loan approved in light of the higher down payment and higher credit requirements put in place by the banking industry to avoid a repeat of the reckless lending that fueled the 2008 housing market crisis.

New lending guidelines target first-time homebuyers

Fannie Mae and Freddie Mac are loosening mortgage requirements, and the housing industry hopes young people will be able to buy homes again.

5 days ago



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