Business Briefs: Alcoa among winners for women in workplace
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Alcoa among award winners
Alcoa was one of three companies to receive the 2013 Catalyst Award for initiatives that advance women in the workplace. The others were Coca-Cola and Unilever. Alcoa's initiative was designed to promote female leadership and inclusion in the global aluminum company's refineries, smelters and factories. The awards were presented Tuesday at a ceremony in New York sponsored by Catalyst, a nonprofit that tracks data and research on women in business.
U.S. Steel to offer senior notes
U.S. Steel said it will offer $500 million in senior notes and use the proceeds to repurchase or pay down debt, with near-term debt a priority. The steelmaker said remaining proceeds will be used for general corporate purposes. The offering includes $250 million in senior convertible notes due in 2019 and $250 million in senior notes due in 2021.
Scherer joins Ansys board
Ansys, a Southpointe-based simulation technology company, announced that Barbara V. Scherer has accepted an appointment to the board of directors effective April 26. She will replace 19-year board veteran Jacqueline C. Morby.
Free tax preparation available
Households earning $51,000 or less and people 60 and older can get free help preparing their federal income tax returns at numerous assistance centers sponsored by the IRS. Try www.IRS.gov or call 1-800-906-9887 to find the nearest help site. For tax assistance with certified AARP volunteer counselors call 1-888-227-7669. Individuals or families with incomes of $57,000 or less can use IRS Free File software to file and prepare tax returns electronically at no charge, while anyone can use Free File to file their returns for free. Visit www.irs.gov/freefile.
PNC names mortgage CEO
PNC Financial Services Group said E. Todd Chamberlain would succeed Saiyid T. Naqvi when he retires as CEO of PNC Mortgage the end of next month. Mr. Chamberlain has been the president and chief operating officer of the mortgage unit since joining PNC in 2011.
Anxiety among lower-wagers
Lower-wage American workers are among the most pessimistic about their future career prospects, their job security and their finances. The Associated Press-NORC Center for Public Affairs Research survey found high levels of anxiety among those earning $35,000 annually or less. Many of these workers say they're worse off now than they were before or during the recession.
Also in business...
The International Air Transport Association has forecast a modest improvement in global net profits to $10.6 billion for 2013, crediting a backdrop of rising optimism about the world's economy -- particularly in the United States and Europe. ... JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1.6 billion missing from its accounts. The trustee tasked with getting customers' money back threatened to sue the New York bank if it didn't return money that was transferred to the bank from MF Global.
First Published March 21, 2013 12:00 am