Business


Toshiba downplayed Westinghouse losses

The nuclear company’s Japanese parent used its own, lower figures for cost overruns at a Westinghouse project, revising the company’s

about 6 hours ago


Business Workshop: Vacant or occupied?

Mortgage lenders of a property up for tax sale had better pay close attention to whether the house is vacant or occupied when it is sold.

about 6 hours ago


Rebranding ‘not just for the big guys’

Midsize firms should center on a unified message that sets the firm apart from its competition.

about 6 hours ago


 Orders for durable goods jump 3.4 percent in June. A worker helps to assemble a helicopter at AgustaWestland’s aircraft manufacturing facility in Philadelphia. Orders to U.S. factories for big-ticket manufactured goods posted a sizable 3.4 percent gain in June, the Commerce Department reported Monday, but the advance was fueled by higher demand for commercial aircraft. Outside of this volatile category, a key category that represents business investment rose by a far more modest 0.9 percent.

USW will not allow vote on Allegheny Technologies contract proposal; FirstEnergy warns of scams; Pittsburgh scores well in credit card debt report

Read more business news about Nordstrom, durable goods orders and Thai Airways.

about 6 hours ago


Ced Kurtz’s Techman Texts: New Windows OS releases tomorrow

Plus: A big week for space: NASA

about 6 hours ago


 Grace Bochenek, director of the National Energy Technology Laboratory.

NETL's new director gazes into the future

Grace Bochenek is asking the national lab to imagine energy needs decades in the future.

about 6 hours ago


 Although they don't compete for customers, local electric and gas utilities are uniquely positioned to have extensive philanthropy programs that donate heavily in communities they operate. From left to right, a Duquesne Light KaBoom! playground in Coraopolis; Peoples Natural Gas Park in Johnstown, Pa.; Columbia Gas of Pennsylvania formally presenting $19,000 to the Medical Rescue Team South Authority, which provides emergency medical services to six communities in the South Hills.

Plugging in to charity

In December 2012, when People’s Natural Gas set out to become Pennsylvania’s largest natural gas utility by acquiring Equitable Gas Co., it

about 6 hours ago


 According to new data, natural gas inventories could hit new highs by the start of the heating season on Nov. 1.

Data show plenty of natural gas in storage for winter weather

That’s good news for those who rely on gas heating and electricity, but it could be bad news for drillers who are being hit by low prices.

about 6 hours ago


 Part of the Wabtec complex in Wilmerding. Wabtec Corp. plans to acquire France’s Faiveley Transport for about $1.8 billion, including assumed debt.

Wabtec to buy French rail products firm for $1.8 billion

The combination of Wilmerding-based Wabtec and Faiveley is expected to create a business with annual revenues of about $4.5 billion.

about 10 hours ago


 Mylan, which has been fighting Teva’s advances, issued a statement congratulating the company on the Allergan deal.

Teva drops bid for Mylan, buys Allergan's generics unit

Mylan plans to continue pressing ahead with its own unsolicited effort to buy over-the-counter drug specialist Perrigo.

about 7 hours ago


 An architectural rendering of a switchback ramp for bicyclists and pedestrians that will connect the Smithfield Street Bridge to the Monongahela Wharf.

Mon Wharf connector to aid bikers, pedestrians

A switchback ramp from the Smithfield Street Bridge to the Mon Wharf and a connector to Point State Park begin construction next spring.

1 day ago


 Gov. Tom Wolf

439,000 join Pennsylvania Medicaid

Of the new enrollees, nearly 37,000 are from Allegheny County, according to state statistics.

1 day ago


Broken water line repaired at Allegheny General Hospital

The hospital implemented its Emergency Operations Plan after the broken line caused water to flow into several elevator shafts and a

about 13 hours ago


 The city’s budget office has started rounding up records of all the cameras purchased by neighborhood groups with public funds.

Pittsburgh seeking to implement surveillance camera privacy policy

Latest in a series: City officials are trying to implement the ordinance, but some parts are blockaded by the Coast Guard.

1 day ago


 Former Transportation Secretary Barry Schoch, shown at left with then-Gov. Tom Corbett in September 2014, said he didn’t help steer grants to the railroad. “It was purely based on a scoring system, an evaluation of the system.”

Memos to Corbett hinting at rail influence

A memo, a meeting and $100,000 in campaign contributions preceded a railroad’s change of fortunes.

1 day ago


 Former Pennsylvania Gov. Tom Corbett speaks with reporters in 2011 following his keynote speech about the Marcellus Shale industry to the fourth annual Appalachian Basin Oil and Gas Seminar held by K&L Gates LLP.

How Pennsylvania gas industry gained Corbett influence

Tom Corbett’s election to the governorship, and even his inauguration, leaned heavily on Marcellus Shale gas firms.

1 day ago


 Jim Meredith, a senior executive at the Downtown financial advising firm Hefren-Tillotson, has been hosting a Sunday morning radio show offering financial advice to the public for 29 years.

Jim Meredith reflects on almost 30 years of talking finances on the radio

The “Your Money & You” host has become popular not only here, but around the country.

2 days ago


 Lois Mufuka Martin, the new United Way's Chief Volunteer Engagement Officer.

Good Neighbor Center aims to steer volunteers where they're needed

Lois Mufuka Martin is leading the initiative for the United Way.

2 days ago


WorkZone: Millennials less loyal to companies

New research from Duquesne University delves into values of millennials and how they compare with baby boomers and Gen X workers.

2 days ago


 Allegheny Technologies

Len Boselovic’s Heard off the Street: Same old song on imports, health of U.S. steel producers

Overcapacity and a strong dollar are among the woes such companies face.

2 days ago


Elder Law: So much for 'reactive' estate planning

Julian Gray and Frank Petrich discuss the right time to contact an elder law attorney.

2 days ago


 Siva Cycle Atom

Don Lindich's Sound Advice: Charging devices on the run

Siva Cycle Atom converts the energy of your ride into charging power for your device.

2 days ago


 A copy of a political direct mail advertisement states: "Paid for by Citizens to Protect PA Jobs. Jewell Lester, Treasurer."

‘Dark money’ ad blitz surrounds budget debate

Attacks by so-called “dark money” groups aren’t new. But some are troubled by the volume of these ads, especially during a budget debate.

2 days ago


 Pittsburgh is receiving a flurry of national media attention lately.

Why is Pittsburgh being called the new darling destination?

Last week’s flurry of national media attention on the city’s charms has become the new normal.

2 days ago


 Pennsylvania Gov. Tom Wolf

Gas severance tax faces stalemate for fifth year

Natural gas industry clout has contributed to the failure of repeated bids for a severance tax.

1 day ago


 Tom Corbett shown here in 2014 as governor attended the Shale Insight conference at the David L. Lawrence Convention Center in Pittsburgh

Documents show Pennsylvania GOP's courtship of gas industry

The relationship between state Republicans and the Marcellus Shale gas industry was forged in Tom Corbett’s campaign.

2 days ago


 East Liberty’s Hotel Indigo is visible through the fence erected by the owner on land belonging to the URA, without that agency’s permission.

URA wants Hotel Indigo fence removed

Hotel Indigo’s owner is in hot water with the Urban Redevelopment Authority for fencing in a URA-owned parking lot near the development.

3 days ago


 Diana Block

Block Communications names ex-leader of Post-Gazette vice president

Diana Block is the great-granddaughter of Paul Block, who bought The Blade in 1926 and the Pittsburgh Post-Gazette in 1927.

3 days ago


 New cars parked outside the Mitsubishi Motors plant in Normal, Ill.

Japanese automaker Mitsubishi Motors to end U.S. production

The announcement came after Japanese media reported the automaker had decided to end production in the U.S. to focus on Asian markets.

3 days ago


 Sold sign on a new home development in Nashville, Tenn.

Mylan's poison pill sued; Allegheny Valley Bankcorp. slips; New-home sales slump

News from Mylan; Roofers Local 149 Pension Fund; Allegheny Valley Bancorp; Allegheny Valley Bank; and the Commerce Department.

3 days ago


 Claire Senita, 23, suffered a spinal cord injury at 14. She is now working with Merrill Lynch employees Helen Sims, left, a financial adviser, and Jennifer Haggerty, right, senior vice president of wealth management. Ms. Senita is hoping to start a Pittsburgh chapter of Journey Forward.

Groups help people with disabilities manage settlement winnings, trusts

The services help people who become disabled or are born with disabilities who’ve gained wealth.

4 days ago


 Anthem’s combination with Cigna would create a much broader base over which to spread costs and expenses.

Anthem out to buy rival Cigna for $54.2 billion

The deal comes just three weeks after the insurer Aetna bid $35 billion for Humana.

3 days ago


South Oakland hotel projects moving forward

A Hotel Indigo and Marriott Residence Inn will add to the neighborhood’s space amid greater hotel boom in the city.

4 days ago


Push in Pittsburgh aims to put digital badges on resumes of the future

The Sprout Fund is among organizations hoping to show employers the value of the low-cost certifications.

4 days ago


Alcoa completes acquisition of RTI; Matthews International declares dividend; Lanxess expects earnings to top forecasts

Read more about MSA Safety; earnings from Wabtec, Federated Investors and FNB; Macy’s same-day delivery; and Harley-Davidson recalls.

4 days ago


 Kelly Allen, left, a Department of Labor staffer, helps Leah Buchanan, 84, of Arnold, Pa., at a meeting Wednesday in New Kensington.

After 15 years, benefits program still seeking sick nuclear workers

The federal benefits program has doled out $111.1 million to more than 1,000 Pennsylvanians who worked at nuclear weapons facilities.

5 days ago


 Mylan, which maintains its operations base in Cecil after reincorporating in the Netherlands to cut its tax bill, has been working to block Israel-based Teva Pharmaceutical’s $82-a-share offer.

Foundation takes step to block takeover of Mylan

An independent foundation notified Mylan that it has exercised its call option to acquire 488.4 million Mylan preferred shares.

4 days ago


Wabtec reports uptick in second-quarter earnings, sales

Wabtec reported net income of $101.5 million, or $1.05 per share, up from $88.7 million, or $0.92 per share, in the year-ago quarter.

4 days ago


 "It’s like a war zone trying to walk through it,” said Angel Oliverio, manager of Penn Avenue Fish Company.

Downtown Pittsburgh businesses struggle with 'eyesore' Forbes Avenue construction

The city launched the project last fall, stating the street would be closed for eight months, now it won’t reopen until the end of the year.

5 days ago


 Efforts to recruit other obstetrician-gynecologists have not been successful, Jameson Health System President and CEO Doug Danko said.

New Castle’s Jameson Hospital closing childbirth services unit

One of its only two obstetricians is departing, and childbirth services will no longer be offered in a few weeks.

4 days ago


 Pennsylvania Gov. Tom Wolf

Patient advocates again push state-based insurance marketplace option

Switching to a state health insurance exchange might offer cheaper, better-tailored coverage for thousands of Pennsylvanians, analysts say.

5 days ago


EQT's earnings fall on lower oil and gas prices

The company released results from a blockbuster Utica well but said it’s still coming up the learning curve.

4 days ago


 “The industry has changed,” said Amy Ranier, director of patient experience at UPMC, adding that everyone who visits a UPMC facility receives a survey now.

Hospitals aim to increase focus on patient experience

How patients feel about their stay has become more than a public relations exercise for hospitals.

5 days ago


 The 2016 Mazda CX-5 also offers cargo capacity above 65 cubic feet, so it's a match for the SportWagen as well.

Scott Sturgis/Driver’s Seat: Comparing the basics of three cargo-driven vehicles

This week, we’ll introduce them. Next week, we’ll sit inside. But no one gets to go for a ride until the final week.

5 days ago


U.S. jobless claims drop to 41-year low

The sturdy jobs picture together with a strengthening housing market brings the Federal Reserve a step closer to raising interest rates

4 days ago


 A copy of a Financial Times newspaper is displayed for sale in a newsagent in central London July 28, 2008.

Nikkei buying Financial Times for $1.29 billion

Pearson earlier today had confirmed it was in advanced talks on the possible sale of the London-based FT Group.

4 days ago


 The EU Commission, which assesses antitrust matters for the 28-country EU, said today that it has sent a statement of objections to Disney, NBCUniversal, Paramount Pictures, Sony, Twentieth Century Fox and Warner Bros regarding “contractual restrictions” that prevent Sky offering their full services to consumers in other EU nations.

EU opens antitrust case against 6 major US movie studios

European Commission said it had charged them with limiting access across the European Union to pay-TV services.

4 days ago


FNB's second-quarter earnings climb

On a per-share basis, net income rose 10 percent to 22 cents from 20 cents.

4 days ago


RTI-Alcoa merger approved; Perrigo to buy Naturwohl; Heinz Endowments funding veterans

News from Alcoa; RTI; Perrigo; Naturwohl; Heinz Endowments; UPMC; MSA; Thermo Fisher; Apollo Bancorp; Citigroup; and Amazon.

5 days ago


Changes on the table at Consol amid shifts

A major Consol shareholder says it will push for sales, spinoffs and other measures to boost company value.

6 days ago



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