Business


 Carnegie Mellon University announced a plan today to shave energy costs by $2 million annually across more than three dozen buildings on its Oakland campus

CMU set to save millions in energy costs annually

Carnegie Mellon University estimates it will save 10 percent — $2 million a year — within three years by using an IBM analytics system.

about 17 hours ago


 "We feel very strongly that a large hotel is needed at the (David L. Lawrence) convention center,” Craig Davis, president and CEO of VisitPittsburgh, said.

Developers show renewed interest in hotel at convention center's doorstep

The Sports & Exhibition Authority has received five responses from firms that want to pursue a mega-hotel or some other type of project.

about 17 hours ago


Federal Reserve’s Beige Book shows slow, stable growth in Pittsburgh

Whether you call it modest or moderate, economic growth has been slow.

about 17 hours ago


 The 2015 Honda Pilot will be the final year of the boxy SUV. Its age is starting to show.

Scott Sturgis / Driver’s Seat: Honda Pilot’s classic feel hits a few bumps along the road

When it comes to the 2015 Honda Pilot SE 4WD, there’s classic, and then there’s throwback.

about 17 hours ago


Esmark suing former co-investor in bid to acquire U.S. Steel's former Serbian mill; Reed Smith revenue up; Pitt Innovation Institute names director

Read more business news about CEAgent, McDonald’s, Target, Uber, Toyota Eurostar, Norwegian Air

about 17 hours ago


 Sepp Gabelberger of West Chester, part of the Earth Quaker Action Team, protests last year against PNC’s continued financing of mountaintop removal at the corner of Fifth Avenue and Wood Street.

PNC opts to scale back financing for mountaintop coal removal

PNC committing to pulling back on financing mountaintop removal coal mining in Appalachia.

1 day ago


 An artist’s rendering shows how two Penn Avenue facades will be incorporated into the 78-unit apartment building called The Penn at Walnut on Highland.

Walnut Capital will preserve two historic East Liberty storefronts

Shadyside developer will incorporate the terra-cotta storefronts into the design of the $14 million, six-story building on Penn Avenue.

1 day ago


 American Eagle Outfitters Corporate Campus building in the SouthSide Works complex.

American Eagle fourth quarter profits soar

The South Side teen retailer produced a $61.6 million profit in the fourth quarter.

1 day ago


 Dementia is not a disease, but rather a group of symptoms that affect mental tasks like memory and reasoning.

For those with dementia, ‘springing’ power of attorney debated

Cognitive impairment can have a huge impact on a person’s ability to look after their own money.

1 day ago


Hampton entrepreneur seeks to launch privacy-friendly search engine

Michael DeKort, 50, of Hampton has designed Jumbawumba, which piggybacks off of Google’s search prowess, but aims to add convenience and

1 day ago


Reed Smith revenue rises 7 percent

Revenue-per-lawyer was also up slightly year-over-year, from $691,000 to $703,000.

1 day ago


American Eagle Outfitters names brand leaders; L.B. Foster net income drops; Fusion and Lincoln MKZ added to NHTSA probe

Read more business news about United Airlines, Delta Air Lines, American Airlines; Best Buy

1 day ago


 Programs targeting employee health with various incentives and promotions have become popular as companies try to rein in health care costs

Are worker wellness plans best for business?

A new national journal’s article recommends that employers abandon these programs.

2 days ago


 This artist's rendering released Monday shows  a view of the new U.S. Steel headquarters from the northwest. The building will occupy 2.23 acres of land just across from Consol Energy Center.

Design for new U.S. Steel headquarters honors Pittsburgh’s industrial past

Developer Clayco Realty Group plans to begin construction by fall so the five-story, 285,000-square-foot building is ready by fall 2017.

2 days ago


In first crack at fracking issue, Pa. judge sides with driller

A federal judge took a literal definition of “adjacent” when ruling in the Citizens for Pennsylvania’s Future v. Ultra Resources case.

2 days ago


Winter weather slowing Dick's sales, but fourth quarter earnings were strong

The Findlay company posted a profit of $155.5 million, or $1.30 per share, during the three months that ended Jan. 31.

2 days ago


 Tony J. Thompson

People on the Move: The Legal Profession

Legal news from Meyer, Unkovic & Scott; Beck & Thomas; Metz Lewis Brodman Must O’Keefe; Duane Morris; Frank, Gale, Bails, Murcko & Pocrass

2 days ago


 Gov. Tom Wolf's budget projects that a new tax on the volume and value of gas flowing from Pennsylvania wells will take effect on Jan. 1, 2016.

Wolf says Pennsylvania severance tax ‘not a partisan idea’

The proposal would raise about $765.3 million for the state’s general fund and another $225 million to replace a Marcellus Shale impact fee

1 day ago


Business Workshop: Consumers, not judges, get to decide trademarks

A jury of average consumers should decide trademark rights rather than judges, according to a recent decision by the U.S. Supreme Court.

2 days ago


American Eagle makes management changes

Former Abercrombie executive named president of American Eagle brand. New Aerie president has experience at Gap and J. Crew.

2 days ago


L.B. Foster fourth quarter results fall short of expectations

On average, analysts had expected earnings per share of 65 cents for the fourth quarter, according to Thomson Reuters.

2 days ago


Pittsburgh nonprofits compete for Fast Pitch grants

At Fast Pitch, nonprofits will go after a share of $25,000 in funding grants and hope to raise cash through a new crowdfunding option.

2 days ago


Mercy Intellectual Disabilities Services opens jobs center; Pennsylvania reinstates furloughed nurses; Federated Investors gets W.Va. contract

Read more about Mylan; West Penn Hospital; Forbes billionaires; Samsung; GlaxoSmithKline; Hewlett-Packard; Norfolk Southern; Ikea; Costco

2 days ago


Ced Kurtz's Techman Texts: Important FCC measure passes quietly

The Federal Communications Commission voted last week to preempt state laws regarding broadband competition.

2 days ago


Renewable energy credits rose last year, but is it enough?

Renewable energy advocates hope the steady rise in so-called Tier 1 credits will spur more development.

2 days ago


State needs better data on mine subsidence, study finds

Pennsylvania is going to need better data if it wants to limit damage to lands and waters that sit atop underground coal operations.

2 days ago


Proposal to cut demand for natural gas has utilities on edge

Proposed legislation to cut natural gas consumption by 3 percent by 2020 was met with concern by utilities and producers.

2 days ago


 Eric Casteel, president and CEO of Pittsburgh-based SolarCast, shows off in July portable solar paneling with rechargeable batteries that are being used by companies at remote natural gas drilling sites.

Solar jobs in Pennsylvania lag behind national figures

As U.S. solar industry reports record employment gains nationally, Pennsylvania has lost 30 percent of its workforce in two years.

2 days ago


Forum: Consumers often sign contracts they don't read or understand

Furthermore, many believe they retain rights that they don’t when signing certain agreements.

2 days ago


Balancing Act: Even fitness gurus struggle to find time for exercise

While it appears fitness instructors get paid to work out, they typically aren’t exercising much when teaching, instructors say.

2 days ago


 Crews work to clean up the derailed CSX train Feb. 18 in Mount Carbon.

Train derailment could affect 183,000 in Pittsburgh, study says

More than 183,000 Pittsburghers could be forced to leave their homes if a train carrying crude oil derailed in the area, a new report says.

3 days ago


 Forbes today said that Bill Gates's net worth rose to $79.2 billion in 2015 from $76 billion last year.

Bill Gates again tops Forbes' list of billionaires

In second place is Mexican telecommunications mogul Carlos Slim Helu, with a net worth of $77.1 billion. He had topped the list in 2013.

3 days ago


 CEO and president of Samsung JK Shin presents the new Samsung Galaxy S6 during the Mobile World Congress Sunday in Barcelona, Spain.

Samsung ditches plastic design, adds mobile pay in new phone

The South Korean phone manufacturer also unveiled a model with a display that curves so that information can be glanced at on the side.

3 days ago


 Teen clothing chain rue21 has begun offering plus-size clothing under the name rue+, including a collection of accessories such as belts.

As teen clothing chains angst over future, rue21 chases plus-size opportunity

Cranberry-based chain says investors who bought the company in 2013 were enthusiastic about adding clothes to serve sizes 14-24.

4 days ago


 Watt-hour meters track electricity fed by Allegheny Power, part of Allegheny Energy.

What killed FirstEnergy's coal plants in southwestern Pennsylvania?

A lawsuit between FirstEnergy Corp. and a coal supplier aims to parse which headwind facing coal-fired generation is the strongest.

4 days ago


Len Boselovic’s Heard off the Street: Grocery turbulence ... They've hidden the spices and the cans of soup again

Believe it or not, supermarkets say there is a method to the madness of the cleanup on aisle 10.

4 days ago


WorkZone: A boss with a big ego is bad news

A business owner who does not listen to employees won’t have a business for long.

4 days ago


 Christopher Dingman

People on the move: 3/1/2015

Herbein + Co. Inc., Sisterson & Co. LLP, Grossman Yanak & Ford LLP, Mars National Bank, Zions Bank Corporate Trust, Allegheny Valley Bank

4 days ago


 For $249, the Audio-Technica AT-LP60 Turntable is one of the best values in audio.

Sound Advice: Quality vinyl system without the high price

What is the least amount I can spend to enjoy records, without buying junk?

4 days ago


 Sean McGreevey, left, assistant dean for career development at Chatham University, teaches a class called "Financial Wellness." The class included, from left, senior Eir Rovira, graduate student Nick Bender and senior Nicole Werwie.

Colleges making financial literacy part of education

Young people facing debt from student loans and credit cards are finding ways to learn about handling personal finances.

4 days ago


 Patricia Arquette at the Oscars Sunday.

Patricia Arquette isn't the first to make the point: Women's wages lag in most sectors

Women are paid less on every rung of the economic ladder.

4 days ago


The Color of Money | Michelle Singletary: America's time to save

I bet there are also a lot of folks just as tired of financially focused people like myself telling them they aren't saving enough.

4 days ago


Office Coach: When working from home, strive to connect with co-workers

To get back on track, you must begin to assume personal responsibility for getting what you need.

4 days ago


Consumer Reports: Common questions, complaints about cars

Does the headrest hit my head? Does my car need a tuneup? Where the heck is my spare tire?

4 days ago


Business calendar: 3/1/2015

Business Referral Network of Pittsburgh - AM Pittsburgh Chapter, 7:30 a.m., Uptown Coffee, 723 Washington Road, Mt. Lebanon.

4 days ago


State police investigate counterfeit bills passed in Somerset

Merchants are warned to keep an eye out for possible counterfeit $100 bills.

3 days ago


 Aaron Beam, the co-founder and former Chief Financial Officer of HealthSouth, spoke to graduate students at Carlow University on Friday, cautioning them against fraud.

‘I’m a felon’: Former HealthSouth executive cautions students against fraud

Aaron Beam, an ex-CFO, spoke Friday to graduate students at Carlow University about the company’s $2.7 billion book-cooking scheme.

5 days ago


 The comedy club submission is a Judges Award of Excellence winner by Mullen.

Mullen, Brunner take spotlight, awards at Pittsburgh Addys

In addition to Mullen’s Judges Award of Excellence, Brunner piled the most Addy awards into the trunk of the car going back to the office.

5 days ago


 The National Association of Realtors releases its January report on pending home sales, which are seen as a barometer of future purchases Friday.

Bank of New York Mellon eliminating defined benefit pension plan; Highmark Health starting furloughs; Mylan completes acquisition

Read more business news about United-American Savings Bank, GDP, pending home sales and Fiat Chrysler recalls

5 days ago


 The two-tone dress, left, alongside an ivory and black version, made by Roman Originals.

Debate over dress’s color takes Internet by storm

University of Pittsburgh and West Penn Hospital doctors gave color commentary on why people are seeing different colors in an online photo.

5 days ago



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