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Roundup: GNC won’t comment on report of buyout interest; Ellison gives up Oracle CEO role, becomes chairman; more

By Staff and Wires
GNC: No comment  on buyout report Vitamin retailer GNC Holdings Inc. is receiving buyout interest from private equity firms and has talked with banks about its options, including a sale, according to a report in the Financial Times. GNC spokesman …

U.S. consumer prices fall 0.2% in August; Family Dollar fights Dollar General overture; more

By Staff and Wires
Consumer prices fell  0.2% in August Consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets …

Roundup: Feds extend comment period on coal rules; Pa. considers $300,000 plan to clean polluted site in Kennedy; more

By Staff and Wires
EPA extends comment period on coal rules The Environmental Protection Agency is giving the public an extra 45 days to comment on proposed rules to …

Business roundup: Mylan reaches deal on hepatitis C drug; U.S. factory output drops; more

By Staff and Wire Reports
Mylan reaches deal  on hepatitis C drug Mylan Inc. is one of seven drugmakers to reach a licensing deal with Gilead Sciences Inc. to produce generic versions of an expensive hepatitis C drug in the developing world, such as India …

Roundup: Feds say Bayer colon supplement makes bogus claims; Ford recalls hybrid SUVs to fix stalling problem; more

By Wire Reports
Bayer colon supplement  makes bogus claims, feds say The federal government said Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order. The Department of Justice filed …

Roundup: Toyota recalls pickups to fix air bag problem; China fines Audi, Chrysler on monopoly charges; more

By Staff and Wires
Toyota recalls pickups to fix air bag problem Toyota is recalling about 140,000 Tundra full-size pickups because a plastic trim piece can interfere with the side air bags. The recall affects Crew-Max and Double Cab versions in the United States, …

Roundup: Mylan acquires drug rights for $300M; 4moms raises $41 million in new funding;

By Staff and Wires
Mylan acquires anti-clot drug rights for $300M Mylan Inc. is paying $300 million to acquire a drug that prevents blood clots during surgery. Mylan said …

Roundup: Complaint leads to probe of minivan stalling issue; Apple is looking to expand local operations; more

By Staff and Wires
Complaint leads to probe  of minivan stalling issue A man’s complaint that his Chrysler minivan stalled unexpectedly after refueling has brought an inquiry from federal …

Roundup: Marcellus gas production expected to set record in October; Home Depot confirms breach; more

By From Staff and Wires
Marcellus expected  to set record gas production in October Gas production from the Marcellus shale will continue to reach record levels through at least October, federal analysts said on Monday. The Energy Information Administration expects output from the country’s biggest …

Roundup: EDMC finalizes debt restructuring; Shell applies for dock permits at petrochemical site; more

By Staff and Wires
EDMC finalizes deal to restructure its debt Education Management Corp. has finalized a deal to restructure its debt after winning the backing of nearly all of its creditors. The Downtown-based operator of private post-secondary educational institutions announced on Friday that lenders …

Roundup: Fed: Median incomes drop for all but wealthiest; Apple reviewing claims of labor violations; more

By Wires
Median incomes drop for all but wealthiest A Federal Reserve report says the richest 10 percent of Americans were the only group whose median incomes rose in the past three years. The Fed’s report says incomes declined for every other …

Roundup: Home Depot hires 2 firms to probe data breach; AP source: Tesla selects Nevada for battery plant; more

By Staff and Wires
Home Depot hires 2 firms  to investigate data breach Home Depot says it’s offering free identity protection services, including credit monitoring, to those customers who might be potentially hurt by a possible data breach at the home improvement chain. The …

Roundup: Area drivers pay less for gasoline; Study to look at financial impact of gas boom; more

By Staff and Wires
W.Pa. drivers pay less for gasoline Gasoline prices continued their end-of-summer slide in Western Pennsylvania, getting closer to the low pump prices that drivers are seeing nationwide. Online analyst GasBuddy.com on Tuesday put the average price of a gallon in …

Roundup: EDMC sees enrollment, revenue fall through 2015; Orbitz ends dispute with American, US Airways

By Wires
EDMC predicts enrollment, revenue will drop through 2015 Education Management Corp., operator of the Art Institutes chain of for-profit colleges, said it expects enrollment and revenue to continue to decline through the end of fiscal 2015, which ends June 30. …

Roundup: McDonald’s says 3 more Russian restaurants closed; Fed Chair Yellen’s assets up 8% during 2013; more

By Staff and Wires
McDonald’s closes 3 more sites  in Russia amid safety inspections McDonald’s has temporarily closed three more restaurants in Russia because of mass unscheduled inspections by Russia’s food safety watchdog, the company said in a statement on Thursday. The state agency …

Roundup: Rex Energy expanding gas production at MarkWest plants; New hearings set in driller’s request for ‘forced pooling’; more

By Staff and Wires
Rex Energy expands production at new MarkWest plants MarkWest Energy Partners will more than double the capacity of its Butler County natural gas processing plant in part to accommodate the expanding needs of the anchor supplier Rex Energy. The companies …

Business roundup: Alcoa to close aluminum smelter in Italy; more

By Staff and Wires
Alcoa to close smelter in Italy Alcoa Inc., the largest American aluminum producer, will permanently close an Italian factory that it says is too expensive to operate. Alcoa will record after-tax restructuring charges of $170 million to $180 million, or …

Roundup: Keurig strikes deal with Kraft on coffee brands; more

By Staff and Wires
Keurig Green Mountain strikes deal with Kraft on coffee brands Keurig Green Mountain said it struck a deal to make Kraft’s branded coffees, such as Maxwell House and Gevalia, for its single-serve brewing systems. The companies did not disclose financial …

Roundup: Giant Eagle workers approve contract; West Penn Power to pay $1.3 million state fine; more

By Staff and Wires
Giant Eagle workers approve 4-year pact Giant Eagle workers approved a four-year labor agreement covering 5,400 union employees at 36 stores in Western Pennsylvania and West Virginia. The agreement, approved by a 6-to-1 margin, included “wage improvements at all levels” …

Roundup: Mylan advances in bidding for drug portfolio; Apple’s stock bounces back to hit a new high; more

By Staff and Wires
Mylan advances in bidding  for drug portfolio, report says Mylan Inc., several private equity groups and Indian drug makers have advanced to the second round of bidding for a portfolio of drugs being sold by GlaxoSmithKline GSK, according to the …