Business


Salvation Army building Downtown to be used for boutique hotel

Greenway Realty Holdings is planning to convert the Salvation Army Building into a boutique hotel called the Distrikt Pittsburgh.

about 10 hours ago


WesBanco to acquire ESB Bank

WesBanco adds 23 offices, $1.9 billion in assets, $1.3 billion in deposits, and gains a top 10 market share in the Pittsburgh region.

about 10 hours ago


 Apple chief executive Tim Cook says that while he never denied his sexuality, he never publicly acknowledged it, either.

Tim Cook, Apple CEO, publicly declares he is gay

The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out.

about 10 hours ago


Halloween spending report portends well for holidays

Data from the National Retail Federation show that consumers are spending more money on all manner of Halloween.

about 10 hours ago


 The Animal Rescue League will begin building its new facility at Hamilton and Dallas avenues in the spring, according to its executive director, Dan Rossi.

Animal shelter gets go-ahead to build facility in Homewood

Community members have agreed to a proposal from a local animal shelter to build a $15 million, 40,000-square-foot facility in Homewood.

about 10 hours ago


Business Briefs: Corbett to cut funding for medical malpractice coverage

Plus: S&T to buy Harrisburg bank; U.S. Steel names two to board of directors; local earnings; Commission bars dating fakes.

about 10 hours ago


U.S. consumer spending down 0.2 percent in September

Spending is closely watched because it accounts for 70 percent of economic activity.

about 1 hour ago


U.S. economy grew at 3.5 percent rate in third quarter

The growth was propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.

1 day ago


 The entrance of Posner Tower at UPMC Shadyside Hospital. Unlike many other sectors, job cuts at Western Pennsylvania hospitals have continued since the 2008 recession.

Hospital job cuts continue in Pittsburgh region

Western Pennsylvania hospitals, like most employers, shed jobs in the wake of the 2008 recession, but job losses have continued.

1 day ago


Fed ends bond-buying program — a remedy for Great Recession

The Fed has ended its “QE3” bond purchases but decides to maintain low short-term interest rates to keep spurring jobs market.

1 day ago


 Nick Caruso of Highland Park is one of a growing number of Pittsburgh-based artist/entrepreneurs who have figured out how to successfully market their artwork. He is proprietor of Make Believe and designs Pittsburgh-themed T-shirts.

The Entrepreneurs: Pittsburgh artists thrive on networking with peers

Many who have had commercial success in Pittsburgh with their artwork credit each other with creating a supportive creative environment.

1 day ago


 The familiar Bayer Cross welcomes visitors to the company’s 300-acre campus along the Parkway West in Robinson.

Bayer maps spinoff plans

German drug and chemicals maker reports strong third-quarter and its CEO elaborates on planned spin-out of MaterialScience segment.

about 11 hours ago


U.S. Steel’s Carnegie Way efficiency initiative generates savings

Promises of more cost-cutting sent U.S. Steel shares higher.

1 day ago


GNC reports third-quarter revenue down nearly 3 percent

For the year, GNC revenue is down 0.5 percent at just over $2 billion, with an outlook for flat revenue for the year.

1 day ago


 Review of the 2015 Subaru Forester 2.0 XT Premium

Scott Sturgis’ Driver’s Seat: Subaru Forester remains a smart choice

Review of the 2015 Subaru Forester 2.0 XT Premium

1 day ago


Kennametal first-quarter profits increase 4 percent

The Latrobe tool maker reported net income of $39.5 million, or 49 cents per share, on sales of $694.9 million.

about 23 hours ago


Business Briefs: ESB Bank to be bought by W.Va.-based bank

Also: Steel producer sets sights on Serbian mill; L.B. Foster announces acquisition; Youth organization’s STEM effort gets Alcoa funds.

1 day ago


Alpha selling Amfire coal assets in Pennsylvania

The coal producer sees continued bleakness in metallurgical coal markets, posts third-quarter loss.

about 11 hours ago


Corbett faces another legal challenge to plans to lease public lands for drilling

The state has already postponed leasing plans while Commonwealth Court considers a similar case brought by another group.

about 16 hours ago


 Jess Ullom, 38, of Washington, and Hanna McAvoy, 28, of Burgettstown, both environmental technicians with Range Resources, check the Hoskins well pad on Old Hickory Ridge Road in July.

Range Resources reports record natural gas production

The 26-percent increase in production was largely driven by the company’s activity in the Marcellus.

about 22 hours ago


 The August Wilson Center on Liberty Avenue Downtown.

Foundations: Debt issues still blocking August Wilson Center sale

The foundations’ stance has sent conservator Judith Fitzgerald scrambling to find the money to settle with the Bethel Park security firm.

2 days ago


 From left, Mohammed bin Hamad Al Rumhy, minister of oil & gas in the Sultanate of Oman, speaks with David Spigelmyer, president of the Marcellus Shale Coalition, Tuesday at the American Middle East Institute’s Seventh Annual Business Conference at the Fairmont Hotel, Downtown.

Oman oil and gas minister praises fracking at Downtown conference

Mohammed bin Hamad Al Rumhy addressed a group gathered Downtown for a conference hosted by the American Middle East Institute,

2 days ago


 Gerald Hassell

BNY Mellon unveils three years of earnings targets

Meanwhile, CEO Gerald Hassell said management will push back against pressure to spin off asset management business.

2 days ago


Black Box reports 43 percent drop in second-quarter income

President and CEO Michael McAndrew said he was pleased with revenue growth but "disappointed" with profits for the quarter.

1 day ago


Nova Chemicals profits rise in third quarter

Nova produces plastics and chemicals primarily at plants in Canada and maintains its executive operations in Moon.

2 days ago


L.B. Foster acquires railroad tuning unit

L.B. Foster is scheduled to report its third-quarter earnings on Nov. 4.

1 day ago


Universal Stainless reports third-quarter profit

The Bridgeville specialty metals producer said net income totaled $1.4 million, or 20 cents per share.

2 days ago


FTC sues AT&T over claims in its unlimited data plans

AT&T is sued for millions of dollars by the Federal Trade Commission.

2 days ago


 In this undated image provided by Lowe’s, a woman holds a nail up to be scanned by an OSHbot robot.

Now in aisle 3 at Lowe's: robots

The company is hoping to improve customer service.

2 days ago


Pittsburgh region home sales fall in September

Also: EDMC lays off 75 employees; Local earnings; GM moving Volt drive production to Michigan; Fiat Chrysler replaces quality chief.

2 days ago


 An artist rendering of the REMWorks Sleep Store.

Highmark set to open 'sleep' store in Waterfront

The REMWorks sleep store will offer apnea devices, white noise machines and clinical treatments.

1 day ago


Range boosts third quarter earnings

Marcellus gas heading to new markets, Range reports.

1 day ago


First Commonwealth third-quarter net income takes dip from last year

Executives at the Indiana, Pa.-based bank were set to discuss the results in a conference call with analysts this afternoon.

1 day ago


 Bill Shaffer of Brother's Brother Foundation stacks medical supplies at the warehouse in North Side.

Ebola outbreak fails to generate donations for emergency aid

Relief organizations say donations for Ebola are down because the virus doesn’t spark the same connection as hurricanes or earthquakes.

2 days ago


U.S. Steel's third quarter results top estimates

The Pittsburgh steelmaker reported a loss of $207 million. Sales jumped 11 percent, while shipments rose nearly 8 percent.

2 days ago


 John Yanik developed a serious infection two days after the 2013 surgery to remove his thyroid that turned his left forearm pink.

Emergencies, VA bureaucracy create headaches for veteran

Air Force veteran John Yanik is in a tussle with the VA over bills for his two cancer surgeries because he developed a serious infection

3 days ago


 Scott Hynd of Brand Innovations give tips to product inventors Wednesday before they meet with companies at the DRTV Product Summit at Robert Morris University’s Sewall Center.

Direct Response TV summit sets stage for latest inventions

Monroeville-based Invention Home has built a regional pipeline for infomercial products.

3 days ago


Uber battle heats up in Philadelphia

Philadelphia Parking Authority officials vowed Monday to continue their crackdown on UberX drivers, impounding cars and issuing fines.

3 days ago


 An attorney for a citizens group told Common Pleas Senior Judge Joseph M. James on Monday that engineers found problems with Wal-Mart’s plans, including parking and reliance on outdated federal flood maps.

McCandless citizens group fighting Walmart store loses one round

The group will not be able to submit additional evidence to bolster its appeal of the town’s vote approving the development, a judge ruled.

3 days ago


S&T Bank profits up 20 percent

S&T said the increase reflects “strong loan growth, disciplined expense control and continued positive trends” in asset quality metrics.

2 days ago


II-VI posts first-quarter increases in profit, revenues

The increases beat analysts' expectations, which projected revenues of $179.2 million for the quarter.

2 days ago


Ced Kurtz's Techman Texts: New book recounts history of digital age

Also: Amazon’s Fire phone has failed to catch fire.

3 days ago


East Liberty-based Thrill Mill touts its success

East Liberty accelerator Thrill Mill notes successes two years in.

3 days ago


Will winter rescue gas stocks and prices?

Gas prices and gas stocks have slumped, but analysts are optimistic about the long term.

3 days ago


Business Briefs: North Side nonprofit wins $12,500 grant

Also:  Citizens Financial reports third quarter profits; Latrobe group posts net income of latest quarter; Home-buying contracts level off.

3 days ago


September unemployment is 5.2 percent in Pittsburgh area

Unemployment is down in the seven-county Pittsburgh region.

2 days ago


Consol Energy mulling coal MLP

The coal and gas company expects to announce a thermal coal spin-out.

2 days ago


Wabtec's third quarter net income up from same period in 2013

Wabtec's 2014 third-quarter revenue also rose, to $797 million.

3 days ago


Bar exam scores improve for Duquesne, Pitt grads

Duquesne Law School placed third among Pa. law schools on the July Pa. bar exam and Pitt placed fourth.

3 days ago


 Department of Environmental Protection inspector John Sengle prepares to take water samples from Hawk Run near Philipsburg last January. The DEP is proposing a new policy to standardize the way it handles oil and gas well site inspections, enforcement actions and complaints that drilling has damaged water supplies.

DEP's well inspection proposal draws criticism

The Department of Environmental Protection is proposing a new policy to standardize the way it handles oil and gas well site inspections.

3 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