Business


Endeka Entertainment seeks more time for Lawrence Downs racetrack casino plan

The racetrack casino proposal for Lawrence County is on life support, but its developers still want a few more months to find new investors.

about 1 hour ago


 Rebecca Droke/Post-Gazette--Friday, April 17, 2015-- STANDALONE??-- Members of the P4 Summit listen to a presentation at StartUptown,  a community-based coworking campus for technology and social innovation, housed in the Paramount Film Exchange Building in Uptown on Friday, April 17, 2015. The P4 conference, held over two days, included talks, site tours, and discussions on Plant, People, Place and Performance and was aimed at transforming the Steel City into the Sustainable City. BIZ

Mayor Bill Peduto says 'good enough' is no longer an acceptable standard for Pittsburgh development

He wants neighborhoods to be more involved. At the ex-LTV site, “stop calling it Almono and start calling it Hazelwood,” the mayor said.

about 1 hour ago


 "Mylan is fully committed to its stand-alone strategy," the company said in a statement.

Mylan says it is not interested in merger with Israeli drug maker

There has been widespread speculation that Teva, based in Israel and the world’s biggest generic drug maker, was mulling an offer for Mylan.

about 9 hours ago


 Andre Heinz of the Heinz Endowments talks to an P4 Summit attendee Thursday. The two-day international summit is hosted jointly by Pittsburgh and the Heinz Endowments at the Hill District's Energy Innovation Center.

P4 conference talks aimed at transforming Pittsburgh during 'wonderful time'

Mayor Bill Peduto trumpeted an “economy for everyone” in his remarks to an audience of international delegates gathered in the Hill.

1 day ago


DEP issues violation to FirstEnergy coal plant

The company said it fixed the source of fugitive emissions earlier this month by repairing the duct system of one of its smokestacks.

about 8 hours ago


Unemployment up slightly in Pennsylvania

The state Department of Labor and Industry reported today a net loss of 12,700 jobs statewide for the month of March.

about 4 hours ago


Sharing money can be tricky for couples

There are times when keeping accounts separate may be a better way of maintaining marital harmony.

1 day ago


 Statistics showed nearly 2 million students, or 68 percent of the class of 2014, went right from high school to college.

Where are last year's high school graduates now?

The high school class of 2014 mostly went to college, according to a recent labor report.

1 day ago


 Mike Hren, COO of StartUptown, a community-based coworking campus for technology and social innovation in Uptown, speaks to members of the P4 Summit during their bus tour on Friday. The conference, held over two days, includes talks, site tours, and discussions.

P4 conference focuses on sustainable urban design in Pittsburgh

Mayor Bill Peduto borrowed a campaign mantra — good enough is not good enough anymore — to signal it is a new day for development.

about 7 hours ago


 Even with the change, Verizon's bundle option won't disappear completely.

Want a custom cable package? Verizon will have you covered

Starting Sunday, FiOS Custom TV will allow customers to choose the channels they want and eliminate others.

about 12 hours ago


Congress leaders agree on trade pact

Congressional committee leaders have agreed on a measure to give the president “fast-track” trade promotion authority.

1 day ago


 In this July 6, 2013 file photo, smoke rises from railway cars that were carrying crude oil after derailing in downtown  Lac Megantic, Quebec. An emergency order requiring trains hauling crude oil and other flammable liquids to slow down as they pass through urban areas and a series of other steps to improve the safety were announced Friday by the Department of Transportation.

Transportation officials issue oil train safety measures

Trains hauling crude oil and other flammable liquids will be required to slow down as they pass through urban areas.

about 9 hours ago


Reactor running at half-power after malfunction at FirstEnergy nuclear plant

The company expects Beaver Valley’s Unit 1 reactor to run at about half-power for at least a week as they repair a pump motor.

about 14 hours ago


 A pair of traders work on the floor of the New York Stock Exchange, Thursday, April 16, 2015. U.S. stocks are heading lower as more big companies turn in earnings.

Giving up an afternoon gain, U.S. stocks close Thursday with tiny loss

Netflix stocks surge as earning reports show some growth.

1 day ago


 Heinz is hoping its new mustard will hold its own alongside its perennial product -- ketchup.

Heinz changing yellow mustard recipe; Nova Chemicals names Todd Karran president and CEO

Read more business news about housing starts, CEO pay, Target and Volkswagen.

1 day ago


U.S. foreclosures rose sharply in March as repossessions mounted

Foreclosure activity in the United States rose sharply last month, on an increase in bank repossessions, according to a report by industry

1 day ago


Sign atop Market Square development hints at new home for prominent city real estate firm

It looks like a prominent Downtown real estate firm will be changing addresses.

1 day ago


 GlaxoSmithKline employees were told of the closure Wednesday, a spokeswoman said.

GlaxoSmithKline to shut down in Moon, leave region after 4 decades

The move came out of a decision to consolidate operations at its Parsippany, N.J., headquarters following its merger with Novartis.

1 day ago


PPG to cut 1,700 jobs worldwide

Company officials say the job cuts are part of a restructuring to integrate recent acquisitions into PPG’s business.

1 day ago


Pittsburgh Foundation joins chorus urging stricter payday loan rules

Payday lenders typically provide loans of less than $500 at very high interest rates to people looking for immediate cash.

2 days ago


 Radio frequency chips used for contactless card payments are designed with security codes that change with each transaction.

Radio frequency ID chips may be a data theft dud

The ads sound ominous: “Using RFID scanners, today’s thieves can hijack your personal and financial data from across the room.”

2 days ago


 The attractive 2015 Jeep Renegade has the off-road capability to handle most of what Jeep enthusiasts want, at least in Trailhawk form. But will its Italian lineage give some pause?

Driver’s Seat: 2015 Jeep Renegade lives up to its name

If the handsome styling or off-road capability appeals to you, I’d say see if the kinks will be worked out.

2 days ago


More Americans sought unemployment benefits last week

Despite the increase, other data suggests that the number of laid-off workers applying for benefits is still quite low.

1 day ago


 Heinz is hoping its new mustard will hold its own alongside its perennial product — ketchup.

Heinz looks to expand its reputation beyond ketchup — with mustard

New push for reformulated mustard in retail stores is part of the new owners’ vision for the company’s growth.

1 day ago


 A Wall Street address carved in the side of a building, in New York.  Higher oil prices and earnings gains are sending U.S. stock prices higher in early trading, Wednesday, April 15, 2015.

U.S. stocks rise as earnings roll in, oil prices climb

he Standard & Poor’s 500 index rose 10.79 points, or 0.5 percent, to close at 2,106.63.

2 days ago


 A construction worker finishes a roof in Chicago October 2012. The National Association of Home Builders/Wells Fargo releases its monthly index of builder sentiment Wednesday, April 15, 2015.

Britain fines BNY Mellon; Beaver Valley reactor stopped; Table games set record

News from BNY Mellon; Rivers Casino; The Meadows; EQT; Federal Reserve; Segway; Ninebot; Toyota; Nokia; and Alcatel-Lucent.

2 days ago


 U.S. Attorney David Hickton said one reason fraudsters may target Western Pennsylvania is that merchants in larger metropolitan areas are starting to refuse $100 bills for fear of them being fake.

Authorities: Counterfeiters think Pittsburgh, Western Pennsylvania are easy prey

The Secret Service says the public can help stop counterfeiters by paying attention to the details of U.S. currency.

2 days ago


 A crew works on a gas drilling rig at a well site for shale based natural gas in Zelienople, Pa.

Oversupply causing oil and natural gas drillers to scale back

Oil production from major U.S. shale areas will decline by almost 60,000 barrels per day between April and May.

3 days ago


 Dan Rencewicz, general manager of Market Street Grocery, stacks products Tuesday at the new store in Market Square, Downtown.

Two years in the making, Market Square grocery store's opening is near

At 435 Market Street, Downtown Pittsburgh, a VIP reception is set from 5:30 to 7:30 p.m. The official grand opening is next Wednesday.

3 days ago


 Highmark says UPMC has been using a loophole in Medicare law to extravagantly overbill insurers for cancer therapies since 2010.

Seniors are getting caught in health giant tug-of-war

If Highmark’s Medicare clients lose UPMC access next year, will the divorce agreement between UPMC and Highmark offer seniors any comfort?

3 days ago


 Gov. Tom Wolf

Wolf camp disputes assertion of home-care ‘union ballot’

Union representation isn’t the same as collective bargaining, according to Gov. Tom Wolf and the SEIU.

3 days ago


 The Kraft board approved the merger with Heinz on March 24.

Kraft looked around before accepting Heinz offer

The tale detailed in an SEC filing is of a determined suitor, Pittsburgh-based H.J. Heinz Co., pressing its case.

3 days ago


PNC targets expense shakeups amid results woes

Pittsburgh’s biggest bank earned $933 million for the three months ended March 31 compared with $992 million in the same period last year.

2 days ago


 Workers fighting for a $15 minimum wage join in the Tax Day workers rally on Bigelow Boulevard between Fifth & Forbes avenues.

Hundreds protest for higher wages in Oakland

Pittsburgh-area protesters joined national day of action calling for higher wages with protest in Oakland.

2 days ago


 Gerald L. HassellChairman, President and Chief Executive Officer of BNY Mellon  PUBLISHED CAPTION: Gerald L. Hassell  Italics underline here.   Original Filename: Hassell.jpg Gerald Hassell

BNY Mellon board stands by executive

That was the word Tuesday from Edward Garden, the activist investor with Nelson Peltz’s Trian Fund Management.

3 days ago


Pa. table games bring in record revenue in March

Together, the 12 casinos generated $69.7 million in revenue from table games in March. But Pittsburgh-area casinos didn’t fare as well.

2 days ago


Reactor running at half-power after malfunction at FirstEnergy nuclear plant

Plant operators expect to restart the nuclear reactor at half-power within a few days, officials said, with little effect on grid

2 days ago


 Trudy Cohn, an AARP volunteer, works Tuesday with Carranza Knight of Penn Hills to complete his tax return at the Carnegie Library in Squirrel Hill.

Feeling stressed on tax day? Experts say it's unavoidable for late filers

A recent study found that tax day saw a 6 percent increase in fatal car accidents, possibly linked to the stress of the impending deadline.

3 days ago


Data breach methods getting more sophisticated

Most of the cracks that let hackers into systems could be traced directly back to human error, according to Verizon report.

3 days ago


 Women enter a high end fashion store on Rodeo Drive April 2 in Beverly Hills, Calif. The Commerce Department releases retail sales data for March on Tuesday.

U.S. retail sales heat up in March; has big thaw arrived?

Americans increased their spending on autos, furniture, clothing and building materials in March, lifting retail sales in four months.

3 days ago


Penn National probe sought; NLRB withdraws UPMC complaint; EDMC restructures debt

News from Penn National Gaming; Endeka; UPMC; EDMC; AmeriServ; Heinz Endowments; American Farmland Trust; Subaru; and Toyota.

3 days ago


Strong dollar whetting corporate deal appetite

The appetite for deals among executives hitting a five-year high thanks to a strong dollar and low oil prices, a global survey found Monday.

3 days ago


Low wages weigh on Pennsylvania nursing home workers trying to get by

Nursing home workers depend on the state to help them as they are helping others.

4 days ago


Commonwealth Court tosses lawsuit of attorney knocked out by client

Ebensburg lawyer Timothy Burns filed suit for allegedly failing to maintain the safety of the courtroom and control over a death row inmate.

4 days ago


Business Workshop: To bid or not to bid?

Before answering a request for proposals, a business should first conduct a realistic assessment of its ability to handle government work.

4 days ago


Lawmakers seek investigation of Penn National

The Western Pennsylvania lawmakers say the attorney general should examine the failed Lawrence County racetrack deal.

3 days ago


Embattled BNY Mellon CEO gets support from board member

BNY Mellon and CEO Gerald Hassell have been under pressure for months to improve the bank’s performance.

3 days ago


 Damon Claus, director of international sales at 4Moms, in its Downtown offices.

4moms bringing international distributors to Pittsburgh

Worldwide sales have already grown to reach 52 countries and increased 1,600 percent over the last four years.

4 days ago


Goodwill opens opportunity center; Mylan makes preliminary filing

News from Goodwill Industries, Northside Common Ministries, Mylan, Perrigo, Pfizer Inc. and more.

4 days ago


Kinder Morgan ponders second pipeline in Ohio

Work is already underway on the $500-million Utica To Ontario Pipeline Access (Utopia) East project to ship NGLs to Canada

4 days ago



Advertisement



You have 2 remaining free articles this month

Try unlimited digital access

If you are an existing subscriber,
link your account for free access. Start here

You’ve reached the limit of free articles this month.

To continue unlimited reading

If you are an existing subscriber,
link your account for free access. Start here