Business Headlines

Pittsburgh clothier David Alan builds business with e-commerce

David Alan's business model is all 21st-century e-commerce. His eponymous Pittsburgh-based company has no brick-and-mortar showrooms. His marketing of custom-made suits and a necktie accessory called ...

Mylan: Epipen profits higher than Bresch told Congress

Mylan NV faced accusations Monday that Chief Executive Heather Bresch wasn't forthright when she told Congress the drugmaker makes $100 in profit on a two-pack ...

LTV mill redevelopment project in Pittsburgh seeks restart on tax break

The developers behind the Almono project in Hazelwood want to restart the clock on their 20-year tax incentive plan. Securing permits and preparing the 178-acre former ...

U.S. stocks slide as banks tumble on Deutsche Bank worries

NEW YORK — Stocks slumped Monday, and banks took the biggest losses. Deutsche Bank plunged as investors worried about the financial health of Germany's largest ...

Drugmaker Pfizer decides not to break up business

TRENTON, N.J. — Drug giant Pfizer says it won't split into two publicly traded companies, despite pressure from investors frustrated by its lagging stock price, ...

How college loans firms avoid extra principal payments

You're throwing as much money as you can scrape together at your student loans, sending in a few extra dollars on top of the automatic ...

Rice Energy to acquire Vantage Energy for about $2.7B

Rice Energy Inc. will acquire Vantage Energy for about $2.7 billion including debt in a deal that will expand the Cecil-based driller's operations in the ...

Metallurgical coal sector experiences price bounce

A big bounce in prices has one sector of the coal industry using a word it has not uttered in several years: expansion. Benchmark prices for ...

Wave-produced power goes online

KANEOHE BAY, Hawaii — Off the coast of Hawaii, a tall buoy bobs and sways in the water, using the rise and fall of the ...

Treat your marriage like a business

My artist husband likes to say that if I were in charge of our spending, we'd be sitting on milk crates instead of furniture, and ...

Smartphone approach being used to train young workers

If you can't beat 'em, join 'em. The digital natives, that is. Rather than wailing about the ubiquity of cellphones and earbuds, two fast-food employers ...

Most common workplace injury in U.S. is hearing loss

Eight years ago, Jeff Ammon, now 55, began noticing a feeling of pressure in his ears every day after work. Over the next months, when his ...

Choose the right credit card for a free vacation

NEW YORK — Many frequent fliers are buzzing about the latest travel rewards credit card — one that comes with a hefty $450 annual fee ...

Wells Fargo employees: Sales focus a hindrance

It began with the constant and compulsive pressure to sell. Then came stress-induced health problems. Wells Fargo employees, both current and former, say they spent ...

Incredible shrinking stock market takes its toll

NEW YORK — More companies don't want you, or any other investor, to buy their stock. Instead of listing their shares on a stock exchange, ...

Highmark sticks with federal health insurance marketplace despite challenges

Highmark Inc. announced Friday that it will continue selling Affordable Care Act plans for 2017 despite continuing losses and a trend of major insurers abandoning ...

Yahoo breach might not be motivated by financial gain

SAN FRANCISCO — If a foreign government is behind the massive computer attack that compromised a half billion user accounts at Yahoo, as the company ...

Marriott completes $13B acquisition of Starwood Hotels

NEW YORK — Several of the best-known names in travel are now united in one hotel company. Marriott International closed Friday morning on its $13 billion ...

Facebook admits giving advertisers inflated viewer metrics

Facebook Inc.'s rapid growth has been tightly linked to convincing advertisers that people are watching more videos on its social network. Now the company is ...