Alibaba stock soars in debut

The mammoth IPO offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class.

about 16 hours ago

 An artist’s rendering shows the proposed open community space in the Hill District.

Penguins present plans for Civic Arena site

The details were part of the preliminary land development plan the hockey team submitted to the city of Pittsburgh.

about 16 hours ago

 Part of Alcoa's the new automotive line in Davenport, Iowa.

Higher aluminum prices help Alcoa

One of Alcoa’s biggest initiatives has been shuttering outdated, inefficient smelters and focusing on more lucrative downstream markets.

about 16 hours ago

Business Forum: PA 529 plans can alleviate future college costs

The funds have grown and stabilized under the leadership of Treasurer Rob McCord and his great staff.

about 16 hours ago

Business Briefs: Pittsburgh median home price rises

Also: Marc acquires Boston media agency; EDMC delays filing annual report; CEO of II-VI receives $2.9 million; Hennion returns to GNC.

about 16 hours ago

Pennsylvania unemployment rises in August for second consecutive month

Unemployment would have been higher, but 28,000 people gave up looking for work during the month and this were not counted.

about 17 hours ago

 Bayer’s stock shot up by more than 6 percent on the Frankfurt stock exchange following the news that the German parent of Bayer MaterialScience, whose North American headquarters is in Robinson, will spin off the unit in the next 12 to 18 months.

Bayer says it will spin off materials unit

After months of speculation, Bayer says it will spin off lagging plastics business.

1 day ago

 Tom Balestrieri, head of the Buncher Co., shows the proposed development his company is planning for the Strip District riverfront from the 16th Street Bridge to 21st Street.

Buncher Co. making progress on Strip District land

The firm is now hoping for “clarity” with regard to the nearby development of the historic produce terminal.

1 day ago

 Author Glennon Doyle Melton

Author to bring message of lifting others to Pittsburgh

Glennon Doyle Melton, who battled addictions and bulimia and now raises money to assist families in need, will share her life challenges.

1 day ago

Pittsburgh rally to promote women's work in life sciences

The Pittsburgh’s Outstanding Women Entrepreneurs Rally on Monday will give entrepreneurs a chance to make pitches to investors.

1 day ago

 Many adult children have made financial sacrifices to cover caregiving expenses, according to About half — 46 percent — spend more than $5,000 a year on caregiving expenses.

Cost of care for adult relatives often falls on younger generations finds 46 percent of its visitors surveyed spend more than $5,000 on caregiving expenses.

1 day ago

 Self-serve candy choices at the new Cinemark North Hills and XD, opening today at McCandless Crossing.

Curtain rises on new amenities-packed movie theater in McCandless

Cinemark at McCandless Crossing opens with 12 digital auditoriums, a bar serving wine, beer and frozen cocktails, and movies new and recent.

1 day ago

 FILE - In this Thursday, Sept. 1, 2011, photo, Wal-Mart employees Jon Christians and Lori Harris take job applications and answers questions during a job fair at the University of Illinois Springfield campus in Springfield, Ill. Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season in 2014, an increase of nearly 10 percent from last year. (AP Photo/Seth Perlman, File)

Business news briefs: 9/19/14

Home Depot Says Data Breach Affected 56 Million Payment Cards, Chevron meets shale standards from CSSD and more

1 day ago

 The Whole Foods in East Liberty stands as an example of how retail has driven new developments in the Pittsburgh neighborhood.

What drives East Liberty's revitalization efforts?

The Pittsburgh neighborhood stands as an example of redevelopment in an area once known mainly for deteriorating buildings and crime.

2 days ago

 Traffic on the  North Shore

Pa. auto insurance a bargain, report says

Report: Pittsburgh region has the third least expensive car insurance among 25 metro areas surveyed.

2 days ago

Pennsylvania legislators debate energy measures

Leaders of key energy-related committees spoke about their expectations for the present and next legislative sessions during a conference.

2 days ago

Ads coming to North Hills school website

Visitors to the North Hills School District's website soon will be seeing ads for area businesses.

1 day ago

 Review of the 2014 Nissan Juke Nismo RS

Driver's Seat: Nissan Juke beautifully fun, in a weird, radical way

Review of the 2014 Nissan Juke Nismo RS

2 days ago

Business Briefs: Consol and Noble launch midstream IPO

Also: Innovation Works receives $800,000 for AlphaLab; Butler Health System retains bond rating; Esmark subsidiary acquires metals supplier.

2 days ago

Chevron meets shale drilling standards from Pittsburgh organization

The Center for Sustainable Shale Development offers certification for drillers that aim to go beyond existing state regulations

2 days ago

 Bayer AG announced today that it plans to put its material sciences segment on the stock market as a separate company.

Bayer to spin off material sciences division as separate company

The material science division produces plastics, coatings and chemicals used in foams, insulation, auto lights and DVDs.

2 days ago

Innovation Works receives $800,000 to expand AlphaLab

The federal grant is expected to create 300 jobs and bring in $225 million in private investment.

3 days ago

 Lynette Lederman of Squirrel Hill was named winner of the Standing Firm Community Champion Award. Ms. Lederman, who has been working for the City of Pittsburgh for over 10 years, covers issues within Squirrel Hill and other Jewish communities.

Pittsburgh City Council aide recognized for efforts against domestic violence

The local organization Standing Firm is helping companies respond to domestic violence.

3 days ago

 An animated neon Heinz ketchup bottle sign hangs atop the Senator John Heinz History Center in the Strip District.

Heinz production returning to Pittsburgh, with baby food

The production coming to the North Side had been handled at its plant in Leamington, Ontario, which the company sold earlier this year.

3 days ago

 The Strip District's Produce Terminal.

Pittsburgh may seek to keep Strip District produce terminal

The proposal will be part of the negotiations with McCaffery Interests and Rubino Partners for the redevelopment of the building.

3 days ago

U.S. Steel shares surge after restructuring moves

The company also said it expects a significant improvement in its third quarter operating profit.

2 days ago

 Downtown-based is predicting record revenues for 2015 thanks to a recent acquisition and a plan to unroll digital storage of documents and videos in addition to photos.

Pittsburgh based has more in store for future

Downtown’s is hoping that the Panstoria acquisition puts it ahead of its cloud storage competitors.

3 days ago

 A security officer tells SEIU union protesters they cannot leave bags of groceries for UPMC employees at the company's offices at the U.S. Steel Tower.

National poverty rate continues slow fall

The national poverty rate fell by half of a percentage point from 15 percent to 14.5 percent in 2013.

3 days ago

 FedEx’s fiscal first-quarter net income rose 24 percent, and the company says it plans to hire more than 50,000 extra workers.

FedEx earnings exceed expectations

FedEx’s fiscal first-quarter net income rose 24 percent, and the company says it plans to hire more than 50,000 extra workers.

3 days ago

 This photo provided by A Woman’s Nation shows an envelope that Marriott will be placing in 160,000 hotel rooms beginning this week to encourage guests to leave a tip for the person who cleans the room.

Envelopes in Marriott hotels invite tips for maids

The campaign, called “The Envelope Please,” begins this week. Envelopes will be placed in 160,000 rooms in the U.S. and Canada.

3 days ago

 The first panel of the Civic Arena roof comes down in January 2013.

Hill District residents give feedback on redevelopment of former Civic Arena site

The agreement, finalized Sept. 9, settled issues such as affordable housing and minority participation.

3 days ago

Corinthian Colleges sued for predatory lending

The federal Consumer Financial Protection Bureau is seeking more than $500 million for borrowers.

3 days ago

 Ruth Hardrick, a dealer who worked at Trump Plaza Hotel & Casino for 26 years, stands with friend Anthony Powell on the Boardwalk, after the casino closed early Tuesday in Atlantic City, N.J. Trump Plaza is the fourth Atlantic City casino to go belly-up so far this year.

Trump Plaza deals final hand at casino, hotel

Trump Plaza Hotel & Casino closes its doors, the fourth Atlantic City casino to go belly-up so far this year.

3 days ago

Self-driving cars now can get a permit in California

Computer-driven cars have been testing their skills on California roads for more than four years.

3 days ago

Callers altering their IDs isn’t illegal, but doing it to scam is

Spoofing is a service that allows people to use someone else’s name and number instead of their own.

3 days ago

 Captain Citrus, center, the mascot of the Florida Department of Citrus, was redesigned from a talking orange to a superhero by Marvel Comics. The new muscular Captain Citrus will appear with Marvel’s popular Avenger Assemble characters in a series of custom comic books.

Capt. Citrus, face of Florida OJ, gets a superhero makeover

TAMPA, Fla. — Captain Citrus was born in 2011 as a big, fat talking orange wearing a green cape. Now he’s being transformed into a buff

3 days ago

 Leroy McGinnis, 85, founded McGinnis Wood Products in Cuba, Mo., in 1968 with eight employees. After multiple expansions, the white oak bourbon barrel maker now employs 155 people.

Bourbon boom driving Missouri barrel sales

Bourbon and Tennessee whiskey are undergoing a resurgence, with U.S. sales growing nearly 20 percent from 2008 to 2013.

3 days ago

Business Briefs: Dick’s president plans to retire

Also: Producer prices unchanged in August; Hertz adds Icahn’s candidates to board; UPS expects to hire more seasonal workers.

3 days ago

Cone Midstream launches IPO

The master limited partnership formed by Consol Energy and Noble Energy hope to raise $422.6 million from the offering.

3 days ago

 Joe Kallen, CEO of home improvement store Busy Beaver, points out the bargain bins situated in the center aisle of the New Kensington location during a tour discussing the stores' reorganization.

New owners of Busy Beaver are expanding, remodeling chain

“My No. 1 challenge in everything we do is how to make Busy Beaver relevant,” said Joe Kallen, the new chief executive of the chain.

4 days ago

 Two longtime Dick’s Sporting Goods executives, including the Findlay sporting goods retailer’s president and chief operating officer Joseph H. Schmidt, have announced plans to retire.

Dick's Sporting Goods president, executive vice president to retire

Joseph H. Schmidt has been president and chief operating officer since 2009 and been with the company since 1990.

4 days ago

Enrollment losses drive Cal U to lay off 16

The university will leave another 14 vacant positions unfilled.

4 days ago

Ced Kurtz’s TechMan Texts: Apple Watch may stay on fringe

Also: Apple also announced that iOS 8; a Stanford engineer has managed to create a wireless radio just a few millimeters across.

4 days ago

Pa. Supreme Court hears arguments over electronic voting machines

The court arguments as to whether machines that do not produce paper records of each vote cast violate the Pennsylvania Election Code.

4 days ago

GSK’s ‘re-removal’ efforts weighed by Third Circuit

After the Third Circuit declarec GSK a Delaware company, GSK sought to remove federal court cases filed against it in Pennsylvania state

4 days ago

 Alibaba Group founder and executive chairman Jack Ma speaks to reporters before an IPO road show at a hotel in Hong Kong on Monday.

Hong Kong rethinks rules after Alibaba IPO loss

Hong Kong has been the traditional first choice for Chinese enterprises going public outside the mainland.

4 days ago

Microsoft buys ‘Minecraft’ maker Mojang for $2.5 billion

The technology company said it will buy Stockholm-based game maker Mojang

4 days ago

Business Workshop: Safe harbor returns for construction loans

A new amendment to Pennsylvania’s Mechanics’ Lien Law will make it easier for borrowers to secure funding for construction projects.

4 days ago

Business Briefs: Mylan reaches deal to provide hepatitis C drug

Also: Apple says it had record 4 million iPhone orders on first day; safety agency investigates Ford Fiesta door latches.

4 days ago

 Mark Stebbins, District Operations Superintendent, Gas. of Consol Energy Inc.cups a 4.5 inch steel pipe, one of dozens needed to drill a shale well. Each rod weights 750 pounds and is reused in the drilling of other wells.

Consol Energy moves forward on airport drilling

A closer look at drilling activity at Pittsburgh International Airport

4 days ago


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