| Business

CMU showcases its lengthy list of fledgling companies at venture event

By Chris Fleisher
Tech startup Expii Inc. has its offices above a bagel shop on Forbes Avenue off of Carnegie Mellon University’s campus but still only steps away. Founder Po-Shen Loh said he made sure to stay close. “We are so connected to Carnegie Mellon,” ...

Rice, Gulfport team on Utica shale pipeline system

By David Conti
Rice Energy Inc.’s pipeline subsidiary will team with fellow gas producer Gulfport Energy Corp. to build a gathering system and water lines to connect Utica ...

Other segments nudge Alcoa to slim profit

By Alex Nixon
Alcoa Inc. managed to eke out a small profit in the third quarter despite the company’s aluminum smelting business taking a nosedive on weak prices and oversupply. The loss in Alcoa’s primary metals business was offset by profits from other segments ...

Pennsylvania senator’s statewide solution to regulate taxi, ride services gains steam

By Melissa Daniels
Consumers who use app-based car service Uber might have received a message this week seeking their political support as the company lobbies for a new set of state laws. “In the coming weeks, Senators and Representatives have the chance ...

Kennametal HQ relocation rankles Westmoreland County business leadership

By Stacey Federoff 10:41 a.m.
Amid congratulatory remarks to honorees at the Economic Growth Connection of Westmoreland’s annual dinner Thursday, officials addressed “the elephant in the room,” as James L. Smith called it. The president and CEO of the development organization and elected officials derided the ...

Last-minute China worries derailed Fed’s rate hike plans, minutes reveal

By The Associated Press
WASHINGTON — Federal Reserve officials were almost ready to raise interest rates in September but held off because of China’s economic slowdown and its potential ...

Environmental watchdog sues world’s largest steelmaker over Pennsylvania pollution

By Jason Cato
A state environmental watchdog on Thursday sued the world’s largest steel company and operator of a Westmoreland County coke plant, claiming the operation has violated ...

Sen. Casey hopes to stem jump in Medicare Part B premium cost

By Wes Venteicher
Democratic Pennsylvania Sen. Bob Casey is sponsoring legislation to prevent a potential premium increase of more than 50 percent for some Medicare insurance plans next year. Without a change from Congress, monthly premiums for Medicare’s medical insurance program, known as Part ...

Ohio woman will be millionth passenger to fly out of Arnold Palmer airport

By Joe Napsha 10:41 a.m.
An Ohio woman who booked a Spirit Airlines flight to celebrate her 50th wedding anniversary will become the millionth passenger who will fly out of ...

Sluggish wage growth may sap retail spending during winter holidays

By The Associated Press
NEW YORK — Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation’s largest retail industry trade group. The ...

Volkswagen executive Horn sidesteps blame in emissions scandal

By The Associated Press
WASHINGTON — Volks­wagen’s top U.S. executive offered deep apologies Thursday yet sought to distance himself from the emissions scandal enveloping the world’s largest automaker, asserting ...

Fed insight gives stocks room to run; S&P 500 regains 2,000 mark

By The Associated Press
NEW YORK — Signs that the Federal Reserve would keep interest rates low for several more months pushed stocks broadly higher Thursday, adding to what has been a near eight-day rally. Energy stocks advanced with the price of oil. The ...

Alcoa supplying parts for military jets under $1.1B pact with Lockheed Martin

By Alex Nixon
Alcoa Inc. landed a $1.1 billion contract to supply titanium parts to Lockheed Martin for the military’s F-35 Joint Strike Fighter jet program. Alcoa said the nine-year deal was enabled by its $1.5 billion acquisition of Moon-based titanium manufacturer RTI International ...

Pittsburgh to gauge level of city contracts going to minority, women-, veteran-owned businesses

By Bob Bauder
Pittsburgh is taking action to determine if businesses owned by minorities, women and veterans receive a fair share of city work — three years after the Tribune-Review found major flaws in how the city measured contracting. City Council on Wednesday ...

AB InBev ups its offer for SABMiller to create beer giant

By The Associated Press
BRUSSELS — Any talk of a union between Budweiser and Miller - in fact, any talk of the creation of beer behemoth reaching all parts of the globe for that matter - should be put off for now as the ...

Renewed Anheuser-Busch InBev bid for SABMiller ups stake in beer battle

By The Associated Press
BRUSSELS — Any talk of a union between Budweiser and Miller should be put off for now as the owners of two of the world’s most famous beers continue to haggle over the terms of a merger. Earlier Wednesday, Budweiser’s ...

Business Briefs

Roundup: GM recalls SUVs, tells owners not to use windshield wipers; Airlines post better on-time rate but get more complaints; more

Wire Reports
GM recalls SUVs, tells owners not to use windshield wipers General Motors is telling owners of some SUVs not to use their windshield wipers because ...

Business Columnists

Jack Markowitz

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Bear sharpens claws on ‘old Pittsburgh’

Seems like a bear market is where you find it. It roared right into Pittsburgh in the third quarter, and …

John Browne

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Browne: Rate hike prospect has mixed reactions

The Federal Reserve has kept short-term interest rates at near zero for more than nine years. Starting in 2013, the …

John Dorfman

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Dorfman: Bargain hunters might find some values in stock market

Stocks just finished their worst quarter in four years, producing stomach aches all across America. But for bargain hunters, things …

Chris Posti

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Emotional intelligence crucial to meeting career goals

You’ve heard of IQ, but are you familiar with EQ? Your EQ — also called your emotional intelligence — is …

Kim Komando

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Stop Facebook targeted ads and tracking

If you browse the Internet at all, you’ve definitely run into targeted ads. For example, you’ll be looking at a …

Real Estate

Celebrity Homes: Danny Thomas built his California home in 1970

During the Golden Age of Television, no one was a bigger star than Danny Thomas. The comedian and philanthropist was the good-natured, wise but occasionally ...

Business Gallery

Business Gallery: Oct. 4, 2015

By Tribune-Review
BANKING, FINANCE Sean O’Connor was named senior vice president and commercial banking team leader for Huntington Bank in the Pittsburgh Region. HEALTH CARE Dr. ...