| Business

PPG puts brand 1st in strategy to reach commercial paint market

By Alex Nixon
PPG Industries Inc. may be the world’s biggest paint producer, but it plays second-fiddle to Sherwin-Williams Co. when it comes to selling directly to professionals. The Pittsburgh company has a major presence in big box stores, such as Home Depot, ...

Cuts at Range Resources include layoffs

By David Conti 3:27 p.m.
Range Resources Corp. cut 11 percent of its workforce this year as it reduced costs to deal with low natural gas prices, the company disclosed Wednesday. In addition to about 60 jobs that were lost when it closed an Oklahoma …

Plastcs propel Bayer’s 2Q earnings

By Bloomberg News
Strong sales of plastics in North America helped Bayer AG beat profit predictions in the second quarter. The German company, which plans to spin off its plastics business this year, said earnings before interest, taxes, amortization, depreciation and special items …

U.S. Steel posts quarterly loss, declares dividend

By Alex Nixon
Losses widened at U.S. Steel Corp. in the second quarter on a 34 percent drop in sales as the Downtown-based company battles challenging market conditions in North America. U.S. Steel reported a net loss of $261 million, or $1.79 a share, ...

Travelers find direct Web route to Priory’s spirited past in North Side

By Tory N. Parrish
Self-service booking in the Internet age has been a welcome game changer for Pittsburgh’s historic Priory Hotel. The 42-room boutique hotel, a former monastery in the ...

EPA ordered to ease limits on cross-border air pollution that involves Pennsylvania

Staff and Wire Reports
A federal appeals court on Tuesday ordered the Environmental Protection Agency to relax the limits it set on air pollution from nitrogen oxide emissions that ...

Consol Energy, Range Resources report 2Q losses, plan deeper cuts

By David Conti
Months of cost-cutting at some of Pennsylvania’s top Marcellus shale gas producers hasn’t stemmed the bleeding caused by low prices. Range Resources Corp. and Consol Energy ...

Pa. improves performance among competitive electric markets

By Tory N. Parrish
The agony over a spike in power bills during last year’s polar vortex didn’t hurt Pennsylvania in an annual report that grades the performance of U.S. states and Canadian provinces that have opened their electric markets to competition. The state’s ...

U.S. Steel joins major producers in new dumping complaint

By Alex Nixon
U.S. Steel Corp. and four other major steel producers accused China, India, Russia and five other nations of illegally dumping cold-rolled steel products in the domestic market. The complaint filed simultaneously with the Commerce Department and International Trade Commission happens ...

Leisure, hospitality lead Pittsburgh area job gains

By Chris Fleisher
Seasonal summer hiring spurred improvement in the Pittsburgh region’s job market in June as employers added 6,700 workers to payrolls and the unemployment rate fell to its lowest point this year. The unemployment rate for the seven-county metropolitan region declined two-tenths ...

DOD recommits to CMU software security center with $732M award

By Brian Bowling
For more than 30 years the Software Engineering Institute has developed the science and technologies behind the software that defends the country in the real world and, increasingly, in cyberspace. The Defense Department agreed Monday to fund the Carnegie Mellon University ...

Stocks end 5-day slide on strong Ford, UPS earnings

By The Associated Press
NEW YORK — Global stocks steadied and U.S. markets marched higher Tuesday as investors were encouraged by strong results from UPS, Ford and other big ...

Ambridge’s PittMoss takes off with help from TV show, Mt. Lebanon native Cuban

By Chris Fleisher
Mont Handley was facing a frenzy of sharks and convinced one of them to bite. It was a big one — serial entrepreneur and Mt. Lebanon ...

Israel’s Teva drops bid for Mylan, buys Allergan for $40.5B

By Alex Nixon
Mylan NV fought off a hostile takeover attempt with Israeli drugmaker Teva Pharmaceutical Industries Ltd. dropping its bid Monday and saying it instead would buy ...

U.S. Steel to debut oil, gas pipeline connector

By David Conti
U.S. Steel is trying to win more business from an oil and gas industry whose downturn it has blamed for a drop in sales. The Downtown-based company said Monday that it would start selling a new connector designed to more securely ...

Federal judge rules oil and gas lease for Washington County tract is valid

By Brian Bowling
Range Resources-Appalachia LLC and NiSource Energy Ventures LLC have a valid lease to the oil and gas under a 151-acre plot in Washington County, a federal judge ruled Monday. Rugh and Sherry Mason of Donegal claimed in the lawsuit that the ...

Business Briefs

Roundup: SuperValu may spin off Save-A-Lot into separate company; Acrobatiq raises $9.75M in funding; more

From Staff and Wire Reports
SuperValu may spin off Save-A-Lot brand SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as ...

Business Columnists

Jack Markowitz

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Fifth and Smithfield will flourish again

Pittsburgh has witnessed the life cycle of an industry. Macy’s will hold a final sale at its Fifth and Smithfield …

John Browne

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Fed may be biased on inflation

The Federal Reserve’s next move on interest rates will depend on policymakers’ views on progress toward their dual mandate of …

John Dorfman

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Dorfman: Apple, Gilead and Hibbett display growth, value

In the stock market, growth managers and value managers often see themselves as warring camps. Value managers look for cheap …

Chris Posti

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Great coaches make best work managers

Recently, I was coaching a client on how to give feedback to one of his employees who had not been …

Kim Komando

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Get your Windows 10 upgrade

Question: I hate Windows 7. I’m really looking forward to the Windows 10. When will I be able to upgrade? …

Real Estate

Gas cans have come a long way

By Ed Pfeifer
I’ve heard it said and believe myself that failure teaches us valuable lessons. It humbles us, educates us and makes us more adaptable. It also irritates us and usually costs money. When it comes to chores around the home, failure ...

Business Gallery

Business Gallery: July 19, 2015

By Tribune-Review
ACCOUNTING Marty Dorfner has joined Grant Thornton LLP as a director and key account executive, based in the firm’s Pittsburgh office. EDUCATION Madelyn Reilly ...