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Easier home loan rules worry some

By Alex Nixon 12:01 a.m.
It’s getting easier for people without much money in the bank to buy a home, triggering concerns that the nation is setting the stage for ...

Severance tax on natural gas drilling backed by Pa. voters

By David Conti 12:01 a.m.
More Pennsylvania voters favor adding a severance tax on natural gas production than oppose the proposal, and they’re more likely to believe taxes on gas companies are too low, an industry-commissioned poll found. When asked whether it’s the right time to ...

Highmark lays off nearly 100 workers, mostly in IT, as membership declines

By Alex Nixon
Nearly 100 Highmark Inc. workers lost their jobs Friday as the state’s largest health insurer cuts costs, streamlines some functions with technology and adjusts its operations to deal with fewer members. Spokeswoman Lynn Seay said the layoffs were not related to ...

Mylan closes $5.3B tax-lowering deal with Abbott Labs

By Alex Nixon
Generic drugmaker Mylan NV officially moved its corporate address to the Netherlands on Friday when it completed its acquisition of an overseas business unit from Abbott Laboratories for $5.3 billion in stock. The controversial move allows Mylan to reduce its ...

U.S. economic growth revised downward to 2.2%

By The Associated Press
WASHINGTON — The economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit. The Commerce Department said Friday that the economy as measured by the gross ...

Stocks wrap best month since 2011

By The Associated Press
February proved to be a strong month for stocks, even though it ended in downbeat fashion. Major stock indexes closed lower on Friday, capping a week of subdued trading that delivered a couple of new highs for the Dow Jones industrial ...

Toyota Mirai to run on hydrogen fuel cells, widen green-vehicle divide

By The Washington Post 12:01 a.m.
Toyota this week officially rolled out what it’s betting will mark “a turning point” in automotive history — a sleek, affordable, eco-friendly “future” car that ...

Corporate food masquerades as hipster fare

By The Associated Press 12:22 a.m.
HUNTINGTON BEACH, Calif. — At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists “The 1%er” made with lobster meat. The logo is a pink skull and instead of buzzers, customers are ...

Phelan: Designer made mark on DeLorean project

By Mark Phelan 12:01 a.m.
Nobody knew the DeLorean sports car would become a cultural touchstone — and a famous failure — when Visioneering Inc. in Fraser, Mich., began building the production prototype of the gull-winged, stainless-steel two-seater in November 1979. Compared with the work ...

Colorado a handsome contender

By Tribune News Service
It’s unlikely many folks have missed the old Chevrolet midsize truck, the Colorado, since it was discontinued in the United States a couple of years ...

Nissan’s sport coupe  a performance steal

By The Associated Press
Thank you, Yutaka Katayama. Katayama, who died last week at age 105, was the executive who renamed the sports car Nissan exported to the ...

Rue21 adjusts for tough market

By Chris Fleisher
Times are tough in teen retail. Kids are not hanging out at malls anymore and instead meeting each other online, and many mall-based retailers have closed ...

Highmark Health names new board chairman

By Luis Fábregas
Highmark Health intends to step up competition with UPMC, even though the state’s largest health insurer would welcome contract discussions with its rival, the company’s ...

Few in Westmoreland County opposed to expansion plan for Mariner pipeline

By David Conti 12:21 a.m.
The expansion of a natural gas liquids pipeline that attracted some opposition during the first phase found a friendlier reception Thursday among Westmoreland County residents ...

Refinery turbulence drives up pump prices

By David Conti
Oil refinery issues around the country have prompted a sharp increase in pump prices that could push a gallon of gas as much as 20 cents higher over the next two weeks. “There’s a lot of ruckus in the refineries ...

Western Pa. builders earn top honors for work

By Chris Fleisher
PJ Dick Inc. and Landau Building Co. were big winners in the 2014 MBA Building Excellence Awards on Thursday night, each scooping up two awards. Landau took top honors in both renovation categories, for its work on the Mario Lemieux Center ...

Developers: Draw public to Hazelwood events before revitalizing ex-LTV coke site

By Tom Fontaine
Redeveloping the sprawling site of the former LTV coke works in Hazelwood could take decades. But part of the recipe for successfully redeveloping the site and revitalizing economically distressed Hazelwood is finding ways to attract visitors to the area immediately, a ...

Southwest announces daily nonstop flight between Pittsburgh, Dallas Love Field

By Bobby Kerlik
American Airlines no longer will be the lone carrier flying from Pittsburgh nonstop to Dallas in the Lone Star State. Southwest Airlines announced Thursday a nonstop flight between Pittsburgh International Airport and Dallas Love Field Airport. The flight will be offered ...

Housing Authority OKs $36.2 million for 2nd phase of Hill District development

By Bob Bauder
The Pittsburgh Housing Authority’s board Thursday approved $36.2 million in funding for a second phase of construction set to begin this summer at the former Depression-era Addison Terrace housing project in the Hill District. Centered on Bentley Drive, the ...

Oilfield employee cutbacks may benefit long-haul trucking

By Bloomberg News
Oil company job cuts that cost machinery operator Drew Sanford his spot at Halliburton Co. are shaping up as a boon for truckers desperate for big-rig drivers. Equipped with a commercial license, the 30-year-old Sanford left North Dakota and landed at ...