Business Briefs

Roundup: Home rental price growth pulls even with wages; more

Rental prices pull even with wages Renters' housing costs are rising at a much more manageable pace as new construction has tempered years of runaway ...

Roundup: Hearings set on FirstEnergy rates; as PCs decline, Microsoft bets its future on the cloud; more

Hearings set on FirstEnergy utilities' rate increase requests Customers of FirstEnergy electric utilities West Penn Power and Penn Power will have several chances to ...

Roundup: Pennsylvania casino revenue hits record high in 2015-16; McDonald's, Starbucks agree to filter Wi-Fi porn; more

Revenue from Pennsylvania's 12 casinos hit a record high in the just-completed fiscal year, as dollars lost by gamblers rose 3.6 percent. The Pennsylvania Gaming Control ...

Roundup: Court allows some claims over lost GM car values; Business inventories rose in May; more

Court allows claims against GM over lost vehicle values A federal judge has ruled that owners of General Motors vehicles recalled for defective ignition switches ...

Roundup: Court sides with Sunoco pipeline on utility status; FCC sets stage for super-fast 5G; more

Commonwealth Court sides with Sunoco on utility status A Pennsylvania appeals court on Wednesday upheld Sunoco Logistics' status as a public utility, striking a blow ...

Roundup: Chinese government suspected of hacking FDIC computers; Prime Day topped last year's order records; more

Chinese government suspected of hacking into FDIC computers The Chinese government is believed to have hacked into computers at the Federal Deposit Insurance Corp. in ...

Roundup: Small SUVs do poorly in insurance industry headlight tests; more

Small SUVs do poorly in insurance industry headlight tests Small SUVs for 2016 and 2017 performed poorly during new headlight tests done by the insurance ...

Roundup: Burberry changes CEO; Holder ripped over HSBC

Burberry changes CEO Burberry replaced Christopher Bailey as its CEO on Monday, ending the project of having him both lead the fashion house and serve ...

Roundup: Regulators may set cybersecurity standards for banks; Galaxy S7 model fails test; more

Regulators consider setting cybersecurity standards for banks Federal regulators plan to require banks to adopt baseline safeguards to shield themselves from cyberthreats after a series ...

Roundup: Pacific Cycle recalls jogging strollers; VW to pay California $86M; more

Pacific Cycle recalls 217K jogging strollers Pacific Cycle is recalling more than 217,000 jogging strollers because of a defective front wheel. The company said the front ...

Roundup: JCPenney to add 150 workers in Pittsburgh-area stores; more

JCPenney to add 150 workers for back-to-school season JCPenney plans to hire 150 workers for its Pittsburgh-area department stores as the retailer prepares for an ...

Roundup: Koppers offloads 2 U.K. plants; Blackberry to pull plug on Classic smartphone

Koppers offloads 2 distillation plants in U.K. Koppers Holdings Inc. said it completed the transfer of two coal-tar distillation plants in the United Kingdom to ...

Roundup: FedEx Ground to cut Neville Island jobs; AMG Resources buys stake in competitor; more

FedEx Ground to cut Neville Island jobs FedEx Ground is planning to lay off 139 workers from a facility on Neville Island on Aug. 1, ...

Roundup: Pennsylvania regulators approve polar vortex settlement; NHTSA says Honda drivers should replace airbags now; more

State regulators approve polar vortex settlement Pennsylvania regulators on Thursday gave tentative approval to a $6.7 million settlement with an electricity ...

Roundup: Union members reject coal contract; Toyota recalls 3.37 million vehicles; more

United Mine Workers members reject pact with Murray Energy Members of the United Mine Workers of America this week rejected a proposed labor contract that ...

Roundup: Feds urge consumers to act quickly on Ikea dresser recall; more

Feds urge consumers to act quickly on Ikea dresser recall Ikea is recalling 29 million chests and dressers that can easily tip over and trap ...

Roundup: Volkswagen reaches $14.7B emissions settlement; TransCanada seeks $15B for rejection of Keystone pipeline; more

Volkswagen reaches $14.7B settlement Volkswagen would repair or buy back polluting vehicles and pay each owner as much as $10,000 under a $14.7 billion deal ...

Roundup: U.S. approves tariffs on corrosion-resistant steel; more

U.S. clears way for duties on imported steel The U.S. International Trade Commission determined that imports of corrosion-resistant steel from five trading partners have materially ...

Roundup: Tech firm Twilio nearly doubles in stock market debut; more

Tech firm Twilio nearly doubles in stock market debut Twilio shares nearly doubled in their first day of trading Thursday, after the technology company raised ...

Roundup: Westinghouse names acting CEO; May home sales strong; more

Westinghouse names CEO's acting replacement Westinghouse Electric Co. has named Jose Emeterio Gutierrez its acting chief executive officer to replace Danny Roderick, who is leaving ...