Business Briefs

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 ...

Roundup: Wall Street banks remain top choice for new MBAs; Twitter to let users post longer videos

Wall Street banks still top choice for MBA grads Wall Street banks remain the employers of choice for new business school graduates, despite competition for ...

Roundup: 4moms lays off undisclosed number of workers; Mylan doesn't need shareholder approval for Meda bid; more

4moms cuts staffing amid restructuring Robotic baby products maker 4moms has had its second round of staff cuts this year as part of a company-wide ...

Roundup: US investigation of Lumber Liquidators comes to a close; more

Probe of Lumber Liquidators comes to a close Federal regulators have closed an investigation of Lumber Liquidators after the company agreed not to resume sales ...

Roundup: Revlon agrees to buy Elizabeth Arden in $870M deal; more

Revlon to buy Elizabeth Arden in $870M deal Revlon Inc., the makeup company controlled by billionaire Ron Perelman, will buy Elizabeth Arden Inc. for $14 ...

Roundup: Strike looming at Macy's iconic NY store; US industrial output fell in May; more

Strike looming at Macy's iconic New York City store Workers at Macy's iconic flagship store in New York City are threatening to strike if contract ...

Roundup: Oil market stabilizing, further price rise unlikely; Primanti raises $52 million to refinance debt and expand; more

Oil market to stabilize, further price rise unlikely, IEA predicts The International Energy Agency says that the global oil market is stabilizing after years of ...

Roundup: BNY Mellon will Pay $30M to SEC in FX Case; McDonald's to move into Oprah's old Chicago offices; more

BNY Mellon will pay $30M to SEC Bank of New York Mellon Corp. will pay a $30 million penalty to the U.S. Securities and Exchange ...

Roundup: PPG pays more than $800M into asbestos trust; more

PPG pays more than $800M into asbestos trust PPG Industries Inc. has paid more than $800 million into a trust that will pay asbestos-related ...

Roundup: UPMC affiliation with N.Y. hospital OK'd; W.Va., Alpha strike deal on mine cleanup; more

UPMC affiliation with N.Y. hospital approved New York state officials on Thursday said they've given contingency approval to an affiliation between health giant UPMC and ...

Roundup: Energy industry chief's death ruled accidental; job openings rise; more

Energy firm CEO's death accidental, officials report The fiery car crash in which energy industry magnate Aubrey McClendon died was an accident, the Oklahoma ...

Roundup: World Bank downgrades forecast for 2016 global economy; more

World Bank reduces forecast for 2016 global economy The World Bank is reducing its forecast for the global economy this year — again. The aid agency ...

Roundup: Pa., W.Va., Ohio gas groups partner for annual shale conference; more

Pa., W.Va., Ohio gas groups partner on shale conference The Marcellus Shale Coalition is teaming with advocacy groups from Ohio and West Virginia to ...

Roundup: U.S. factory orders up 1.9% in April, best in 6 months; more

Factory orders up 1.9% in April, best in 6 months Orders to U.S. factories increased in April by the largest amount in six months, but ...