Business
Business Headlines
Western Pennsylvania chief executive officers take pay cut

Mylan NV CEO Heather Bresch took a 27 percent pay cut last year, but her $18.9 million compensation package was still large enough to make ...

Highmark, UPMC propose higher Obamacare rates

Highmark Inc. wants to raise health insurance premiums by an average of up to 48 percent next year for plans the insurer sells to individuals ...

Antitrust officials question AB InBev's distributor incentive plans

U.S. antitrust officials are investigating Anheuser-Busch InBev over its new incentives that encourage independent distributors to sell more of its own beer brands at the ...

CEOs at nation's biggest corporations got 4.5% raise, double the average worker's

NEW YORK — CEOs at the biggest companies got a 4.5 percent pay raise last ...

SEC probes Chinese e-commerce giant Alibaba's accounting practices

WASHINGTON — Chinese e-commerce giant Alibaba wowed investors when it went public in the United States in September 2014, and its profits have bucked Wall ...

Military spouses' job struggles take big economic toll, study finds

WASHINGTON — Military spouses struggle to find jobs and are more likely to work for less pay or in positions below their education level, spurring ...

Citigroup to pay $425M to resolve civil charges over rate manipulation

Citigroup Inc has agreed to pay $425 million to resolve civil charges that it tried to manipulate foreign exchange and interest rate benchmarks. In announcing the ...

Exxon Mobil oil company shareholders OK 'watershed' proxy access measure

DALLAS/SAN RAMON, Calif. — Voters at Exxon Mobil Corp.'s annual meeting Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the ...

Stock market gets confidence boost on rosy reports on global economy

NEW YORK — Stocks climbed Wednesday as investors continued to recover confidence in the health of the global economy. That sent oil prices higher and ...

Dollar Bank CEO Oeler sets retirement date

Dollar Bank CEO Robert Oeler, who announced in October that he would retire this year, ...

DEP rescinds $8.9 million fine against Range Resources

A year after Range Resources was accused of allowing a leaky well to taint nearby water supplies and refusing orders to fix it, the Department ...

Fewer young adults leaving parents' home, Pew poll finds

WASHINGTON — Many of America's young adults appear to be in no hurry to move out of their old bedrooms. For the first time on record, ...

Sales of new homes surged by 16% in April

WASHINGTON — Americans ramped up their purchases of new homes in April to the highest level since January 2008, evidence of a strong start to ...

Access to retirement plans varies widely across U.S., study finds

Americans who want to retire may face unequal paths to get there depending on where they live. Workplace retirement plans, such as 401(k) accounts, have ...

Tech stocks, banks lead Wall Street to strong gains

NEW YORK — Stocks made their biggest gain since March on Tuesday as technology companies including Apple and Microsoft soared. Homebuilders also climbed as the ...

Monsanto rejects $62B bid from Bayer

Monsanto Co. rejected a $62 billion takeover offer from Bayer AG as too low while saying it's still open to further deal talks, putting pressure ...

Business Briefs
Roundup: Ford recalls 271,000 pickups to fix brake fluid leak; Microsoft cuts more jobs in troubled mobile unit; more

Ford recalls 271K pickups to fix brake fluid leak Ford is recalling some of its top-selling vehicles in the United States to fix a fluid ...

Roundup: Fares are cheap but airlines don't want them to stay that way; Google Maps directions may soon lead you to ... ...

Airlines taking steps to boost ticket prices Enjoy lower airfares while you can. Airlines are ...