Business


Job prospects bleak for millions

Economists say the long-term unemployed could become a permanent underclass, left behind by the nation's broader economic recovery.

about 9 hours ago


UPMC could have mitigated damage, experts say

Health care providers across the nation have been targeted by cybercriminals; UPMC's data breech could be part of a national scheme.

about 9 hours ago


Study says government awards influence CEOs

High honors such as knighthood or damehood can influence CEOs to make decisions that harm their companies.

about 8 hours ago


 Rolls-Royce Motor Cars has unveiled the Pinnacle Travel Phantom, a new Bespoke Collection motor car, at the Beijing Motor Show. The car has been conceived both to celebrate the Chinese love of travel and the success of the Bespoke programme in China.

Rolls-Royce Motor CEO predicts 5th year of record deliveries

Rolls-Royce unveiled the custom-made Pinnacle Travel Phantom, a new Bespoke Collection motor car, at the Beijing Motor Show this week.

about 11 hours ago


Pennsylvania lost 8,400 jobs in March

The state's unemployment was going down even as employers cut jobs.

about 11 hours ago


Business Briefs: Mazda recalls older SUVs for rust problem

S&P low­ers bond rat­ing for Her­i­tageVal­ley; Chobani to expand offerings with desserts, dips.

about 11 hours ago


Business Forum: Why private education loans need reform

For many students, education debt nearly is a practical puzzle.

about 11 hours ago


Pennsylvania's unemployment rate falls to 6 percent, lowest since 2008

The rate for March fell for the right reasons -- more people working and fewer unemployed.

about 21 hours ago


Chairman: PPG 'the largest coatings company in the world'

PPG, founded near Pittsburgh as a glassmaker,  has completed its transformation to primarily a coatings business, its chairman says.

1 day ago


 Facebook shows the “Nearby Friends"  tool. Using your smartphone’s GPS system, it will tell your Facebook friends that you are nearby.

Business Briefs: 4/18/14

Drilling equipment company coming to Leetsdale; PNC a finalist for award; Facebook is tracking you and your friends

1 day ago


 A Berkshire-Hathaway sign

Local Prudential Realty franchise moving to Berkshire-Hathaway HomeServices

The franchise owner touts new technology and market share as reasons for the switch.

1 day ago


Work, wages and women in the energy industry

An employment lawyer gives her take on coal, oil and gas, and how to get more women into energy.

about 19 hours ago


 Alaina Smith, a Pitt sophomore, talks about a frustrating odyssey through Pittsburgh's fractured medical system as a Highmark Community Blue subscriber. Her father, Wayne, listens.

For some Pitt students, UPMC could soon be out of network

A University of Pittsburgh sophomore’s broken ankle has exposed a new twist in the ongoing Highmark-UPMC contract dispute.

1 day ago


 The new Boulevard Apartments at 5801 East Liberty Blvd.

Pittsburgh renting rates rising quickly

As a percentage increase, rent locally is rising faster than established high-rent cities such as New York and San Francisco.

1 day ago


UPMC data breach may affect as many as 27,000 employees

The new figure was the latest increase by UPMC since employees began reporting instances of identity theft about two months ago.

1 day ago


PPG Industries sales surpass predictions in first quarter

The credit for the boost goes to the market for automotive and aerospace coatings and Europe's economic recovery.

1 day ago


Joblessness not due to skills gap, experts say

Over five years, the impediment to work is a lack of jobs, not a lack of skills, economists say.

2 days ago


 Sandy Burkett, owner of Vital Signs, a business in East Carnegie, poses with one of her printed signs.

Older entrepreneurs finding new opportunities

Given the high rate of dissatisfaction with corporate America, it isn't surprising many older workers want to strike out on their own.

2 days ago


Neighborhood Allies names innovator as first president

Presley Gillespie starts in May with the nonprofit formed from the dissolution of the Pittsburgh Partnership for Neighborhood Development.

2 days ago


Walnut Capital working to expand Bakery Square project

A host of dignitaries will join Walnut Capital principals today in breaking ground on the first office building for Bakery Square 2.0.

2 days ago


 Roofers install a roof on a new construction home in Pepper Pike, Ohio.

Business Briefs: 4/17/14

City rated as one of best for millennials; Mylan Inc. gets approval for insomnia tablets; Local 2030 District ahead of goal to reduce

2 days ago


Beige Book report shows weather froze Pittsburgh region's growth

Mild temperatures helped to increase overall consumer spending and retail sales in other districts.

2 days ago


Pittsburgh's largest bank continues to cut expenses

PNC Financial Services Group Wednesday reported earnings of $992 million in the first quarter, up 7 percent from $928 million a year

1 day ago


 The 2014 Kia Forte gets a revamped exterior, following in the company's footsteps toward a bolder look.

Drivers Seat: Review of Kia Forte EX

The model is a "must see" for those looking to buy a smaller sedan.

2 days ago


Delinquencies on loans expected to rise

Analysts, though, said more delinquencies could include a positive sign for the economy.

2 days ago


PNC Financial Services earnings rise 7% in first quarter

PNC Financial Services Group this morning reported earnings of $992 million as it set aside less money to cover bad loans and expenses fell.

2 days ago


 An aerial view of Downtown Pittsburgh, and UPMC's headquarters, in 2012.

UPMC: Court is not the place to settle tax-exemption issue

But the city's attorney says, "We would like to let a court decide this issue before we slap you with a bill."

2 days ago


Heartbleed bug fixes threaten to cause Internet disruptions in coming weeks

Estimates of the severity of the bug's damage have mounted almost daily since researchers announced the discovery of Heartbleed last week.

3 days ago


 Bill Stolze bought the eight-story former whiskey distillery building on the South Side in 2012 for $495,000.

Former South Side whiskey distillery to transform into condos

With the Whiskey Barrel Flats, Bill Stolze may be the first to test the market on a riverfront stretch long considered a prime spot.

3 days ago


 Camille Downing, left, associate professor at Point Park University’s School of Communication, teaches a class on Web design and marketing Tuesday. The class is launching Wood Street Communications — a student agency that will service nonprofits with Web design, marketing, PR and other communications. Students will do the work for nonprofits pro bono as part of their course work. Ms. Downing teaches a class that is organizing the agency.

Point Park student agency to help nonprofits connect

The payoff for students in the Downtown university’s School of Communication is they get professional experience in a for-credit class.

3 days ago


 U.S. gasoline prices kept consumer inflation in check last month, helping to offset higher costs for food and clothing.

Business Briefs: 4/16/14

Carmichaels, Monessen banks complete merger; UPMC sublets chunks of Heinz 57 Center; Pittsburgh architecture firms to merge.

3 days ago


Koppers eyes growth with purchases

Koppers expects the $460 million acquisition of Osmose units to boost its positions in wood treatment products and railroad services.

3 days ago


 Andrew Moore, CMU's new School of Computer Science dean.

CMU taps Google VP as new dean of computer science

Andrew W. Moore, a computer scientist and expert in robotics, will begin his duties in August.

3 days ago


 Allegheny County Executive Rich Fitzgerald answers a  reporter's question during a press conference announcing the county's decision to exclusively retain Highmark for its health care coverage through Dec. 31, 2015.

Allegheny County to stay with Highmark for health insurance

Allegheny County Executive Rich Fitzgerald said he hopes the decision to keep Highmark spurs settlement talks with rival UPMC Health Plan.

3 days ago


Business Briefs: 4/15/14

New York firm OKs purchase by Koppers; Fort Lauderdale-’Burgh daily flight set to launch; Apollo reports income rise in first quarter

4 days ago


PNC Bank refunding customers hit by fees

The $90 million settlement covers customers who had PNC accounts accessible by a debit card between Jan. 1, 2004, and Aug. 15, 2010.

4 days ago


Patent trolls can be bad for business

They're not hiding under bridges, but patent trolls can cause headaches for companies trying to bring their products to market.

4 days ago


What paperwork to keep after taxes are completed

For most of us, the drudgery of tax filing season has drawn to a merciful close. Now what do you do with all that paperwork?

4 days ago


 The IRS can assess penalties to taxpayers for failing to file on time.

Failure to file a tax return can be worse than not paying the taxes owed

The closing bell rings at midnight for filing 2013 tax returns. The penalty for filing late is normally 5% of the unpaid taxes each month.

4 days ago


Small business owners are finding outside help during tax season

A National Small Business Association report found that 86 percent of small business owners surveyed hire a tax practitioner or accountant.

4 days ago


Ced Kurtz's Techman: Don't delay in finding out Heartbleed's impact on your cyberlife

The Heartbleed vulnerability is particularly insidious because it is a flaw in OpenSSL used to secure much of the Internet.

4 days ago


No penalty for oil and gas consultant for unauthorized practice of law

Judges on the panel said the consultant’s advice provided a benefit to his clients, who were preparing to lease their property.

4 days ago


 The Senator John Heinz History Center in the Strip District has the old Heinz sign attached.

Heinz offers buyout to majority of Pittsburgh-area workforce

Anyone who takes the deal will be replaced, leaving the company with the same size workforce in the region, according to the company.

4 days ago


 Grant Oliphant

Grant Oliphant to rejoin Heinz Endowments as president

Mr. Oliphant, 53, president of the Pittsburgh Foundation, will start his new position in June.

4 days ago


Koppers acquiring wood preservation and railroad services businesses

The $460 million acquisition of Osmose Holdings, based in Buffalo, N.Y., will be financed through new and existing debt.

4 days ago


 JetBlue Airways will start daily flights from Pittsburgh International Airport to Fort Lauderdale.

JetBlue to offer nonstop to Fort Lauderdale starting Oct. 29

The airline's daily flights will leave Pittsburgh at 7:15 a.m. with a return flight arriving at 9:31 p.m.

4 days ago


Cash-strapped charities embrace Highmark walk for health

Nonprofits are raising funds but avoiding overhead costs in Highmark's annual walk.

5 days ago


 Chrissy Stewart, senior chemist, does a coression test for protextive qualities of paint Wednesday at KTA-Tator, an employee-owned company in Findlay. KTA-Tator tests industrial paints used in bridges, pipelines, industrial plants and more.

ESOPs attractive to baby-boomer business owners

For aging baby boomers considering selling their companies, selling to employees may be an attractive option.

5 days ago


NSA could exploit flaws on 'Net

Elements of the decision became evident Friday, when the White House denied that it had any prior knowledge of the Heartbleed bug.

6 days ago


Global economy turning the corner, IMF contends

The International Monetary Fund predicts global growth would strengthen to 3.6 percent this year and an even better 3.9 percent in 2015.

6 days ago



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