Business

Consol to resume gas drilling in Utica, Marcellus shale

Consol Energy Inc. executives think natural gas producers have turned the corner on low prices and tepid demand, prompting the company to begin a slow ...
Production cut drives deeper loss at ATI
U.S. Steel Corp. expects to turn a profit this year as deep cost-cutting combined with lower imports and higher prices are driving a turnaround at ...
Range Resources reports deeper loss
Losses mounted at Marcellus shale gas producer Range Resources Corp. as low prices continued cut into revenue. The Fort Worth-based producer with a large office in ...
Stocks close flat as investors monitor company earnings
NEW YORK — Stocks had a muddled session Tuesday as investors worked through a large batch of corporate earnings from a range of companies including ...
Farewell to VCRs: Japanese maker to shelve once-hit product
TOKYO — Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder. A company spokesman, who requested ...
$15 billion Volkswagen emissions deal clears initial hurdle
SAN FRANCISCO — A nearly $15 billion settlement over Volkswagen's emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval ...
Craft breweries try to stand out with creative tap handles
RANDOM LAKE, Wis. — Cone heads, zombies, beards, bananas — they are some of the creative beer tap handles that have become a big business ...
Brewer AB InBev ups offer for SABMiller after Brexit pound slump
LONDON — Budweiser maker Anheuser-Busch InBev increased its cash offer for SABMiller to 45 pounds ($58.98) per share to blunt a revolt by investors who ...
Bitcoin's not money, judge rules as she tosses money-laundering charge
The hotel room was wired with cameras and microphones, and in it sat $30,000 in fake $100 bills. Miami Beach detective Ricardo Arias, working undercover ...
AT&T leads crackdown on obnoxious robocalls
AT&T said this week it's forming a "strike force" to beat back robocalls that interrupt your dinner and trick you into talking to prerecorded messages, ...
Birchmere Ventures founder talks investments, 'Shark Tank' reality
Ned Renzi is on the lookout for the next great idea. Renzi, 50, is a founding partner of Birchmere Ventures. The 20-year-old Strip District-based firm has ...
Consol shifts responsibility for remaining West Virginia coal mines to Kentucky company
Consol Energy Inc. will pay a Kentucky company $44 million to assume responsibility for the last of its West Virginia coal operations and the low-performing ...
Verizon buys fallen Internet star Yahoo for $4.83 billion
SAN FRANCISCO — Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era ...
Stocks pull back after 4 weeks of gains; Yahoo slips
NEW YORK — Stocks fell moderately Monday as investors took a break after four weeks of gains that brought the market to record highs. Energy ...
EPA moves to regulate climate-warming airliner pollution
WASHINGTON — Jet engine exhaust from airliners endangers human health and adds to climate change, the government found Monday in taking the first step toward ...
As Fed meets, no rate hike is expected until late this year
WASHINGTON — On again. Off again. On again? Anyone trying to peg the likelihood of a Federal Reserve interest rate hike this year has been ...
Smartphones overtake computers as top e-commerce traffic source
For retailers at least, the most important screens are the small ones. Smartphones accounted for 45.1 percent of web-shopping traffic in the first quarter of this ...
Atlas Resource Partners filing for bankruptcy protection
Natural gas producer Atlas Resource Partners said Monday it will file for bankruptcy protection this week as part of a restructuring agreement it reached with ...
Profit dips on freight business drop at Wabtec
Wabtec Corp. posted an 11 percent drop in second quarter earnings on falling sales from its freight business. The Wilmerding-based rail products company said Monday that ...
SolarCity lease or power purchase plan cuts solar panel installation cost 
Jerry and Marilyn O'Bruba lease an electric car, and they had thought for some time about adding solar panels to the West Mifflin home he ...

A blog by David Conti