Personal Finance


 From left, David Morehouse, CEO and president of the Penguins; Allegheny County Executive Rich Fitzgerald; Mayor Bill Peduto and Richard Baron, chairman and CEO of McCormack Baron Salazar, prepare to announce the plans for the redevelopment of the former Civic Arena site Thursday in the mayor’s office. Danish firm Bjarke Ingels Group was hired to develop residences and public spaces at the site.
Bill Wade/Post-Gazette
From left, David Morehouse, CEO and president of the Penguins; Allegheny County Executive Rich Fitzgerald; Mayor Bill Peduto and Richard Baron, chairman and CEO of McCormack Baron Salazar, prepare to announce the plans for the redevelopment of the former Civic Arena site Thursday in the mayor’s office. Danish firm Bjarke Ingels Group was hired to develop residences and public spaces at the site.

Danish firm hired to develop former Civic Arena site

Mayor Bill Peduto praised the hiring, citing Bjarke Ingels Group’s reputation, but one Hill District leader called it a “misstep.”


Betting on a decline: energy stocks see peak levels of short interest

For an industry saddled with high debt, low commodity prices and a global oversupply, betting on energy stocks falling has become popular.



 At the former Civic Arena site, the Bjarke Ingels Group of Copenhagen will be responsible for designing the 1,100 units of residential housing to be built on the upper portion.

‘Starchitect’ retained for areas near former Civic Arena

A Danish firm will design residences and public spaces to be built at the 28-acre site that will include the new U.S. Steel headquarters.



UPMC revenue grows despite Highmark split

The region’s largest healthcare system pulled in more than $12 billion in the last fiscal year.



Consumer Reports: Made in America?

Almost eight in 10 American consumers say they would rather buy an American-made product than an imported one, according to a recent survey



 The 2015 BMW M4 Convertible

Scott Sturgis/Driver’s Seat: BMW M4 Convertible combines power and luxury

If you need a comfortable four-person unit, the BMW will fit the bill without complaint.



 Jessica Tang of Sewickley holds her son Connor, 3 days old, at the Midwife Center for Birth and Women’s Health in the Strip District on Aug. 19. Ms. Tang had both of her sons at The Midwife Center.

Popularity of midwife delivery growing in Western Pennsylvania

Stand-alone birth practices can cut delivery costs up to 50 percent over traditional hospitals.


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Penn Township agrees to clarify shale gas drilling requirements

The requirement is part of a lawsuit settlement reached last week between the township and a citizens group.



Wilkins planners mull revisions to drilling ordinance

The planning commission is reviewing ordinances from other towns to determine what Wilkins should revise in its regulations.


 

Business of Health


Cima Life’s optics help restore sight for cataracts patients

Cima Life operates out of a 10,000-square-foot facility where it designs, manufactures, tests and ships intraocular lenses to 30 countries.



Jameson expands its search for partner

Jameson officials announced they have issued a new request for proposals that, at the AG’s suggestion, may include bids from across the U.S.


 



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Fiat’s new small crossover is the “X” factor in brand’s return

Any time you bring a new brand into a market, or return one to a market after a long hiatus, there is a learning curve.



Alfa Romeo’s brand resurgence is on track with sporty new Giulia sedan

Alfa Romeo was re-entering North America with just one vehicle, the 4C Coupe, and there were very tight allocations on that one model.