Business Briefs

Roundup: Viacom CEO sues to be restored to Redstone trust; Tribune rejects second Gannett bid, sets stage for talks; more

Viacom CEO sues to be restored to Redstone trust Viacom's embattled chief executive sued Monday to be restored as a director and trustee to entities ...

Roundup: Sports Authority to close all stores amid bankruptcy; Phoenix Brands files for bankruptcy; more

Sports Authority to close all stores amid bankruptcy Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores ...

Roundup: Fiat Chrysler recalls 500,000 Jeeps; Feds postpone hearing on coal moratorium; more

Fiat Chrysler recalls 500K Jeeps, saying air bags could fail Fiat Chrysler is recalling about a half-million Jeep Wrangler SUVs worldwide because the driver's air ...

Roundup: Mitsubishi Motors president to resign over mileage scandal; LinkedIn confirms 2012 hack exposed 117M user passwords;...

Mitsubishi Motors president to resign over mileage scandal Mitsubishi Motors Corp. President Tetsuro Aikawa said Wednesday that he will step down to take responsibility for ...

Roundup: Fed's Williams, Lockhart expect at least two rate hikes in 2016; Mylan delays tender offer for Meda shares; mor...

Some at Fed expect 2 or 3 rate hikes in '16 Two regional Federal Reserve bank presidents said at least two interest rate increases may ...

Roundup: Verizon, unions set to return to bargaining table; Apple's latest innovation ... a big stake for Berkshire; mor...

Verizon, unions set to return to bargaining table Verizon Communications Inc and representatives from two striking unions will return to the negotiating table on ...

Roundup: Apple invests $1B in Chinese company; JC Penney CEO discusses future; more

Apple discloses $1B investment in Chinese ride-hailing company Apple Inc. has invested $1 billion in Chinese ride-hailing service Didi Chuxing, the main competitor in China ...

Roundup: Bayer exploring $43B bid for Monsanto; mixed signals for Pittsburgh-area housing market; more

Bayer explores potential $43B bid for Monsanto Bayer AG is exploring a potential bid for U.S. competitor Monsanto Co. in a deal that would create ...

Roundup: Pittsburgh Corning to close plant in north-central Pennsylvania; PPG to pay $59K to settle EPA violations; more

Pittsburgh Corning to close factory in north-central Pa. Pittsburgh Corning Corp. is closing its 79-year-old glass block plant in north-central Pennsylvania, idling 75 workers. The factory ...

Roundup: Kraft Heinz laying off 40 workers in Pittsburgh; Wal-Mart sues Visa over chip-enabled debit cards; more

Kraft Heinz will lay off 40 workers in Pittsburgh Kraft Heinz Co. will lay off 40 workers in Pittsburgh next month as the company cuts ...

Roundup: Pa. utility regulators set hearing on Columbia Gas rates; Sides battle on after judge tosses Redstone health-care ca...

Columbia Gas rates request slated for hearing The state Public Utility Commission will hear from Columbia Gas of Pennsylvania customers who are concerned about the ...

Roundup: ATI shareholders approve compensation for top execs; Koppers sells U.K. tar distillation plants; more

ATI shareholders approve compensation for top execs Allegheny Technologies Inc. shareholders approved compensation for the specialty steelmaker's top executives Friday during the company's annual meeting ...

Roundup: Exxon, FuelCell to study capturing carbon emissions; Chesapeake reports better-than-expected results; more

Exxon, FuelCell to study capturing carbon emissions Exxon and FuelCell Energy will jointly develop technology to reduce the cost of capturing carbon emissions from power ...

Roundup: Rice posts quarterly loss despite increased revenue; Allegheny judge tosses South Fayette oil and gas ordinance; mor...

Rice Energy posts loss despite revenue increase Rice Energy swung to a loss in the first three months of 2016 as expenses rose at the ...

Roundup: Ford pickup probe ends without recall; MetLife fined $20M for variable annuities switches; more

Regulators end Ford pickup probe without recall Federal safety regulators have closed an investigation into power brake assist failures in Ford F-150 pickups without seeking ...

Roundup: EQT in $407M land deal for gas drilling; Hulu may soon offer live TV, including sports; more

EQT in $407M land deal for gas drilling EQT Corp. will acquire 62,500 acres of land for gas drilling and 24 producing Marcellus shale ...

Roundup: Fiat Chrysler, Google in partnership talks; more

Fiat Chrysler, Google in talks for partnership Fiat Chrysler and Google's self-driving car project are in advanced talks to form a technical partnership. The talks were ...

Roundup: DreamWorks Animation Is Said to Be in Talks for Sale to Comcast; Lawmakers blast Valeant for price-gouging tactics; ...

DreamWorks Animation Is Said to Be in Talks for Sale to Comcast DreamWorks Animation SKG Inc., the maker of movies including "Shrek" and "Kung Fu ...

Roundup: U.S. regulators seek more fuel tests from Mitsubishi; Tribune calls Gannett 'erratic,' but still reviewing...

Mitsubishi mileage reports questioned Mitsubishi Motors Corp. said it has improperly tested the fuel economy of its cars for the past quarter century, deepening a crisis ...

Roundup: Profit surges 58 percent at Bayer spinoff Covestro

Profit surges 58 percent at Bayer spinoff Covestro Plastics maker Covestro, which was spun off from German health care company Bayer AG last year, posted ...