Home listings, prices up here
New listings in the 13-county Pittsburgh metropolitan region increased 4.3 percent to 3,742 homes in June from 3,588 in June 2012, according to West Penn Multi-List Inc. For the same period, average home sales prices increased 2.4 percent to $186,457 from $182,119.
Gas prices spike nationwide
The average price per gallon of regular unleaded gasoline in Pittsburgh has risen 4.2 cents in the past week to an average of $3.57, according to GasBuddy.com. The national average also has seen a significant increase, rising 11.7 cents over the past week to an average of $3.62. The spike could be due to the unrest in Egypt, according to GasBuddy senior petroleum analyst Patrick DeHaan.
Axiall moves some Downtown
About 100 employees of Axiall Corp. who formerly worked for PPG Industries will relocate Downtown by the end of the year. Atlanta-based Axiall said its employees will occupy the 19th floor of 11 Stanwix. About 20 Axiall employees who have research and laboratory jobs will remain at a PPG center in Monroeville. Axiall was created in January as a result of PPG Industries spinning out its commodity chemicals business and merging it with Georgia Gulf Corp.
Wabtec contracts with SNIM
Wilmerding-based Wabtec Corp. signed a $21 million contract with SNIM, the National Industrial and Mining Company of Mauritania, to provide parts for new iron ore freight cars. Wabtec expects to deliver the components in 2014.
Hostess tweaks Twinkies
Call them Twinkies Lite? The new owners of Hostess have leaner operating costs now that they're no longer using unionized workers. It turns out the spongy yellow cakes may also be a little smaller. The new boxes hitting shelves list the cakes at 135 calories and 38.5 grams. Twinkies had been 150 calories and 42.5 grams. A spokeswoman for Hostess said in an email Monday that the size change was made in "mid-2012" by the predecessor company as it was facing bankruptcy.
China holds GSK executives
China detained four senior GlaxoSmithKline Plc executives on suspicion of economic crimes involving $489 million of spurious travel and meeting expenses, and receiving sexual favors. Gao Feng, head of the economic crimes investigations unit of the Public Security Ministry, said the executives are Chinese nationals.
Also in business...
Allegheny Technologies said chief financial officer Dale G. Reid retired for personal reasons, effective Monday. The specialty metals producer named Patrick J. DeCourcy interim CFO and said it will search for a permanent replacement.
From staff and wire reports
• Using the MAC, Euclid Analytics can determine where in the store a shopper is, and for what length of time.
• Euclid records the data to generate reports. The company says it scrambles the MAC addresses to protect privacy. Consumers can opt out of the observation at Euclid Analytics' web site.
• Smart phones emit signals when searching for Wi-Fi. The signals transit phones' unique media access control addresses, or MAC. Phones emit signals with MAC addresses, even when not connected to Wi-Fi.