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Roundup: PPG in talks to acquire French company

By Staff and Wires
PPG in talks to buy French company PPG Industries Inc. said Friday it is negotiating to acquire a French supplier of products for the automotive ...

Roundup: PUC approves rate adjustments for Verizon; Kmart, Sears apologize for canceled online layaway purchases; more

By Staff and Wires
PUC approves  rate adjustments  for Verizon calls A restructuring of base dial-tone rates by Verizon Pennsylvania will cause monthly bills to rise by up to ...

Roundup: Wealth gap largest on record, Pew study shows; McDonald’s in Japan limits orders of fries; more

By Wires
Wealth gap largest on record, study shows There’s more proof that the rich are getting richer while everyone else gets poorer. In a report Wednesday, ...

Roundup: Thermacore to relocate to larger plant; Summit Midstream Partners to pay $400M for gas-gathering system; more

By Staff and Wires
Thermacore to relocate to larger plant Thermacore Inc. is expanding its operations in Western Pennsylvania with a move to a larger plant in Rostraver. The Lancaster County-based company, which makes high-temperature materials for a variety of industries, said the ...

Roundup: Autodesk to relocate to Bakery Square; Chrysler expands air bag recall; more

By Staff and Wires
Autodesk to move to Bakery Square Software maker Autodesk Inc. will move from O’Hara to the Bakery Square 2.0 project in the city’s Larimar/East Liberty area where Google has leased about one-third of a six-story building. Noah Cole, spokesman for ...

Roundup: Giant Eagle salads affected by tainted apple recall; Mylan helps executives avoid tax penalties on stock awards; more

By Staff and Wires
Apple recall affects Giant Eagle salads Del Monte Fresh Produce Inc. is recalling fresh cut fruit containing Gala red apples grown in Pennsylvania because they may be contaminated with bacteria that can cause serious and potentially deadly infections. The recall affected ...

Roundup: Government says gas to average $2.60 next year; US job openings rise, hiring remains healthy; more

By Wires
Government forecasts gas  to average $2.60 next year The Energy Department again slashed its prediction for next year’s national average price of gasoline, this time ...

Business roundup: Gasoline prices fall another 3.7 cents in W.Pa.; more

By Staff and Wire Reports
W.Pa. gas prices continue to fall Gasoline prices continue to fall in Western Pennsylvania and nationwide as the global oil market looks for equilibrium. The average price at pumps in the Pittsburgh region hit $2.94 per gallon, down 3.7 cents ...

Roundup: Collier hose distributor sold to investment firm; U.S. consumer debt rises $13.2 billion in October; more

By Staff and Wires
Investment firm buys  Collier hose distributor A group led by North Hills-based FNB Capital Partners bought a Collier distributor of hoses and pipe fittings that serves shale drillers and other industries. The investment fund said Friday it helped Regent Square ...

Roundup: Retailer Deb blames ‘old, tired stores’ for bankruptcy; GlaxoSmithKline cutting hundreds of US jobs; more

By Wires
Retailer Deb blames ‘old, tired stores’  for bankruptcy Womenswear retailer Deb Stores Holding LLC joined clothing chains including Loehmann’s Inc. and Coldwater Creek Inc. in ...

Roundup: Business Records Management sold for $77M; Cliffs to sell W. Va. mines for $175M; more

By Staff and Wires
Business Records Management sold to Ga. firm for $77M Business Records Management was acquired by a Georgia-based document storage and management company in a ...

Business roundup: Southwestern to buy some WPX gas wells, land for $300 million; more

By Staff and Wires
Southwestern to pay WPX $300M for wells, land in Susquehanna Houston-based Southwestern Energy Co. will pay $300 million to buy some of the Marcellus shale gas drilling assets that WPX Energy Inc. wants to jettison. Tulsa-based WPX announced Tuesday that ...

Roundup: Area pump prices dip below $3 but higher than national average; GM recalling 316,357 vehicles to fix headlights; more

By Staff and Wires
Area gasoline prices dip below $3, but are still higher than U.S. average Gasoline prices in Western Pennsylvania continue to drop along with global oil prices. The average price for a gallon of gas hit $2.99 in the Pittsburgh ...

Declining confidence in OPEC muddies oil’s outlook

By The Associated Press
NEW YORK — These are the moments the Organization of Petroleum Exporting Countries exists for: A sharp drop in global oil prices has reduced the ...

Roundup: US agency threatens to act against air bag maker; Tech Center building sold for $10.2M

By Staff and Wires
Safety agency threatens  actions against air bag maker A dispute between federal safety regulators and air bag maker Takata Corp. escalated Wednesday as the government threatened fines and legal action if the company fails to admit that driver’s air bag ...

Roundup: Mazda recalls cars to fix tire pressure monitors; Wal-Mart’s top merchant out as key holiday nears; more

By Wires
Mazda recalls 100,000 vehicles to repair tire pressure monitors Mazda is recalling nearly 100,000 midsize cars in the United States to fix a problem with the ...

Business roundup: ATI receives orders worth $145M for oil, gas project; more

By Staff and Wires
ATI receives $145M in orders for oil, gas project Allegheny Technologies Inc. said Monday that orders it has received for a large oil and gas pipeline project in Asia total $145 million and represent its largest participation in a ...

Roundup: Lexus recalls 423K vehicles; Japan orders air bag maker to conduct probe; more

By Staff and Wires
Lexus recalls 423K vehicles Toyota Motor Corp. is recalling almost 423,000 Lexus cars in the United States to repair a problem that could cause a fuel leak and a fire. The recall includes the 2007-10 Lexus LS, 2006-11 Lexus ...

Boeing to expand operations in Fayette County

By John D. Oravecz
Boeing Co. said on Friday it will expand its manufacturing subsidiary Argon ST in Fayette County, adding nearly 170 jobs over the next three years. Argon ST, which Boeing acquired in 2010, has 130 employees at two locations, the Fayette ...

Roundup: Heinz cuts more jobs in Pittsburgh; Alcoa completes $3B Firth Rixon acquisition; more

By Staff and Wires
Heinz cuts more jobs in Pittsburgh H.J. Heinz Co. on Thursday said it eliminated an undisclosed number of jobs in its North America operations, including ...