| Business

Unemployment rate ticks up; 209K jobs added but less than expected

By Chris Fleisher
A healthy jobs report on Friday confirmed that the economy is gaining momentum but gave pause to any sentiment that the Federal Reserve will raise interest rates sooner than expected after some bolder signs recently about the recovery. Employers added 209,000 jobs in July, and the unemployment rate increased by …

Westinghouse wins deal to build nuclear power plant in Bulgaria

By John D. Oravecz
Westinghouse Electric Co. signed an agreement to build a nuclear reactor at an existing power plant in Bulgaria, underscoring its efforts to seek business in foreign countries where nuclear power is an important part of the energy equation. The value …

Fix-a-flat a remedy in a pinch

By Paul Brand 12:01 a.m.
Question: Last week, I had a flat tire on my 2013 Buick Encore with only 4,500 miles on it. I got my can of tire inflator out, and when I read the directions, it said it could not be used …

Auto review: Maserati Ghibli a sedan that awakens the senses

By McClatchy-tribune News Service 12:01 a.m.
Maserati. Despite being more than a century old, it’s an unfamiliar name which, when mentioned to most Americans, makes them smile as if you mentioned their secret, illicit love affair. The 2014 Maserati Ghibli doesn’t have much in common with …

Rise in pickup truck sales a good sign for economy

By The Washington Post 12:01 a.m.
WATERLOO, Ill. — He had been eyeing the truck for weeks, ever since he dropped by the dealership for a free car wash and drove right past that black beauty. That truck got in his mind. Jon Rullkoetter couldn’t shake …

Towing standard  finally set

By Mark Phelan 12:01 a.m.
The dramatic video that shows a 2015 Ford F-150 beating Chevrolet Silverado and Ram 1500 pickups in a towing test should include an asterisk. Ford aced the test — but it also wrote the questions and graded the exam. It’s …

HP to pay $32.5M to settle Postal Service dispute

By The Associated Press 12:01 a.m.
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the Postal Service for products over more than eight years. In the dispute, the Postal Service alleged that HP failed to comply with pricing terms of its …

SEC closes probe of Citi mortgage bonds

By The Associated Press 12:01 a.m.
Citigroup Inc. said it was told by the Securities and Exchange Commission that the agency has completed its investigation of the bank’s conduct regarding mortgage bonds and won’t bring further enforcement action. Citigroup said in a regulatory filing on Friday …

Harley recalls bikes for ignition switch problem

By The Associated Press 12:02 a.m.
Ignition switch problems that have plagued General Motors and Chrysler have turned up in the motorcycle business. Harley-Davidson is recalling more than 4,500 FXDL Dyna Low Rider bikes worldwide because engine vibration can turn the switches from “on” to “accessory.” …

Hyundai recalls over 419K vehicles

By The Associated Press 12:01 a.m.
Hyundai is recalling more than 419,000 cars and SUVs to fix suspension, brake and oil leak problems. The biggest of three recalls posted on Friday by U.S. safety regulators is of 225,000 Santa Fe SUVs from 2001-06 to replace front …

Auto sales heat up in July on steep discounts

By The Associated Press 12:01 a.m.
DETROIT — Big discounts helped auto sales heat up in July. Toyota, Ford, Nissan and Chrysler all reported double-digit sales gains. General Motors’ sales were up 9 percent compared with last July, while Hyundai’s rose 1.5 percent. Of major automakers, …

Auto review: Grand Cherokee goes the distance

By Ann M. Job
The flagship of the Jeep line — the five-passenger Grand Cherokee sport utility vehicle — is both a grand and high-mileage traveler for 2014. The roomy interior can be luxuriously appointed with stitched leather seats, panoramic sunroof, suede-like ceiling material …

It’s lights out for Bayer sign on Mt. Washington

By Alex Nixon
Bayer Corp. will no longer pay to have its name in lights on Mt. Washington. The Robinson company said Thursday it didn’t renew a 21-year-old …

EPA talks on pollution limits trigger protests, arrests Downtown

By David Conti
The national debate over regulating carbon emissions from coal-fired power plants reached its loudest and most contentious point on Thursday at a Downtown corner. During …

Investor helps Anchor Hocking’s parent win reprieve from lenders

By Chris Fleisher
Anchor Hocking’s parent company has received a  $20 million investment from its majority shareholder and has worked out an agreement with lenders that gives the glassware manufacturer some relief as it deals with financial troubles. In a regulatory filing Thursday, …

Trib 30 index drops nearly 5%

By John D. Oravecz
A market swoon in the last five trading days of the month erased gains for many Pittsburgh-area stocks in July. The Trib 30 stock index ended trading on Thursday at 428.7, a 4.9 percent decline from June’s all-time high of …

Business Briefs

Roundup: Huntington Bancshares to cut 200 jobs; Kennametal posts drop in 1Q profit; more

By Staff and Wires
Huntington Bancshares to cut jobs in 6 states Huntington Bancshares is laying off about 200 employees across six states as part of a restructuring. The Columbus, Ohio-based bank did not say how many people would be affected in Pittsburgh, where …

Business Columnists

Jack Markowitz

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Bid to kill coal likely just the beginning

It must be tougher than usual to be a coal miner these days. The future of their living grows murkier. …

John Browne

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Consumer doubts   justified

Consumer confidence is regarded generally as a prerequisite to economic revival. Despite a gain of 3 points last week, Gallup’s …

John Dorfman

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5 stocks that join value, growth

Looks or character? Peace of mind or riches? Lose weight or eat a piece of chocolate cake? Life seems to …

Chris Posti

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Retirement in phases an option

I won’t say which one, but I just had a birthday roll around, and as a member of the baby …

Kim Komando

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3 things to know about Do Not Call registry

The first phone call in history happened on March 10, 1876, when Alexander Graham Bell rang up his assistant. “Mr. …

Real Estate

Homework: Easy landscaping projects for the DIYer in you

By Tribune-Review
Having a midsummer’s dream of better landscaping? Here are three easy projects to help realize your vision. Mulch makeover: Fresh mulch will liven up your …

Business Gallery

Business Gallery: July 29, 2014

By Tribune-Review
LEGAL James J. Barnes joined Pepper Hamilton LLP as a partner in the corporate and securities practice group, resident in the Pittsburgh office. Barnes’ practice …