Business

Firestorm grows over price hikes on EpiPen

The outrage over skyrocketing prices for lifesaving allergy drug EpiPen ratcheted up Wednesday as presidential candidate Hillary Clinton, lawmakers and others joined the chorus of ...
Highest-paid CEOs least popular with employees, study shows
Huge paydays for chief executives, at least as designed, are supposed to reward great performance for investors. But when it comes to what their workers ...
401(k) plans mark a step backward for retirement
The shift from pensions to 401(k) plans is making retirement inequality much worse — and education is what separates the haves from the have-nots, a ...
Zing Basket launches grocery delivery service for Pittsburgh area
Melinda Freed got a sneak peek at what the future of grocery shopping in Pittsburgh could be. She tested Zing Basket on Tuesday, and the ...
Mounting corporate debt could threaten economy, experts warn
NEW YORK — America has a debt problem, but it's not what you think. Yes, the federal government owes trillions of dollars more than it ...
Coal towns hit by layoffs to get job grants from government
HUNTINGTON, W.Va. — Communities in eight Appalachian states and Texas that have been hard-hit by coal layoffs are being promised more than 3,000 jobs in ...
Mining, health care stocks slip in quiet trading
NEW YORK — Stocks closed lower Wednesday, led by sharp declines in health care companies as outrage over the steep price hikes for Mylan's EpiPens ...
Tight supply pinched home resales in July
WASHINGTON — Home resales fell more than expected in July after four straight months of strong gains, as a lack of inventory limited choice for ...
Pfizer makes 2nd acquisition in week with AstraZeneca deal
TRENTON, N.J. — Drugmaker Pfizer Inc. is continuing its shopping spree with its fourth acquisition since the April collapse of its planned $160 billion megadeal ...
Lawmakers concerned about EpiPen hikes
Mylan NV is facing pressure from Congress over the skyrocketing price for lifesaving EpiPens. The pharmaceutical company, which is based in the Netherlands and run from ...
Clock ticking on making extra cash as an Uber ride-share service driver
Property taxes were coming due, and Erik Lingren was looking to make extra money. He cleaned out his Toyota Tacoma pickup last week, expecting to earn ...
Sales of bar soap down as consumers turn to liquids
When it comes to soap, fewer Americans are hitting the bar. The reason? They say they simply can't be bothered. More than half of consumers — 55 ...
Auto parts suppliers team up to develop lower-cost self-driving vehicle system
Auto-parts suppliers Mobileye NV and Delphi Automotive Plc said they are teaming up to develop a low-cost system for self-driving vehicles that will be available ...
Zika boosts other travel spots
NEW YORK — With government officials now warning pregnant women to avoid Miami Beach in addition to Puerto Rico, some sun seekers are desperately scrambling ...
New homes sold at fastest pace in 9 years
WASHINGTON — Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low ...
Can anything contain drug costs?
The United States, which spends more on drugs than any other country, might contain costs by limiting market exclusivity for brand name medicines and changing ...
U.S. home sales, European data drive modest gains
NEW YORK — Stocks posted modest gains on Tuesday, bringing indexes nearly back to the record levels they reached last week. Homebuilders rose sharply following ...
Seegrid lands $25M investment as warehouse automator doubles revenue
Seegrid Corp. raised $25 million from investors to help the Findlay-based producer of self-driving warehouse vehicles expand its customer support operations and product offerings. Seegrid said ...
Howard Hanna president, CEO Casey takes on women's glass ceiling
Helen Hanna Casey has been called "the most powerful woman in residential real estate," but she'd prefer to drop the reference to her gender. Why? ...
Federal Reserve under growing pressure to reform system, goals
WASHINGTON — The Federal Reserve has two guiding goals when designing monetary policy: maximum employment and stable inflation. But as the country's central bankers converge for ...

A blog by David Conti