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FedEx investing another $1.2B in growth projects at FedEx Ground in Moon

By John D. Oravecz
FedEx Corp. is trying not to spoil the holidays for anyone this year. The package delivery company will beef up seasonal hiring and expand its handling capacity to avoid a repeat of last year’s holidays when some consumers received their …

EQT Corp. boosts profits despite lower gas prices

By David Conti 4:16 p.m.
EQT Corp. fought off lower natural gas prices in the Marcellus shale basin and posted increased profits during the third quarter, the Downtown firm said Thursday. Profit rose to $98.6 million, or 65 cents a share, during the three months …

World’s 1st carbon capture power plant switches on in Canada

By The Guardian 2:29 p.m.
Canada has switched on the first large-scale coal-fired power plant fitted with a technology that proponents say enables the burning of fossil fuels without tipping …

Contempt citation sought by state against Highmark for alleged violation of deal with UPMC

By Natasha Lindstrom
HARRISBURG — A Commonwealth Court judge on Wednesday mocked Western Pennsylvania’s two health care giants for being so adversarial they couldn’t even sit in the same room together to strike the summer deal that was supposed to mark a meaningful …

Highmark seeks double-digit increase for more benefits, heavy use

By Alex Nixon
Highmark Inc. wants to increase 2015 premiums by double-digits on its individual health policies, which nearly 180,000 people in Pennsylvania bought under the Affordable Care Act a year ago. The state’s largest health insurer is canceling most of its old …

SEC approves looser mortgage lending guidelines

By The Associated Press
WASHINGTON — Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and could mean fewer borrowers will need to make hefty down payments. The Securities and Exchange Commission voted, 3-2, Wednesday to adopt the …

Consumer, core prices inch up

By The Associated Press
WASHINGTON — Consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The …

Air-bag deaths draw scrutiny of Congress as recalls widen

By Bloomberg News
The congressional investigators who dug into fatal defects in General Motors Co. and Toyota Motor Corp. cars are asking safety regulators to brief them about potentially deadly air bags. Staff from the House Energy and Commerce Committee, chaired by Michigan …

Nervous investors crunch stocks

By The Associated Press
NEW YORK — Stocks fell broadly on Wednesday, snapping a four-day winning streak for the Standard & Poor’s 500 index, as investors shaken by recent swings in the market sold some of their holdings. A slide in the price of …

Calgon Carbon poised for explosive growth

By John D. Oravecz
In a little more than two years as CEO of Calgon Carbon Corp., Randy Dearth has begun companywide restructuring and decided to move its headquarters …

Aesynt CEO gets technology council honors

By John D. Oravecz
Kraig McEwen of Aesynt Inc. in Cranberry, which makes automated drug distribution systems to help hospitals cut costs, was named CEO of the Year on Tuesday by the Pittsburgh Technology Council. The council honored 50 Western Pennsylvania companies in seven …

Amid struggles, top fiscal executive to leave EDMC

By Chris Fleisher
A top fiscal officer hired by Education Management Corp. a year ago has resigned as the beleaguered operator of for-profit colleges continues to fight a swell of financial and legal problems that threaten its business. Downtown-based EDMC disclosed late Monday …

Chevron puts $20M into educating, training Appalachian workers

By David Conti
Chevron Corp. is putting $20 million into an education initiative aimed at training a new generation of energy sector workers in 27 counties above the Marcellus and Utica shale plays in which it’s an active gas producer. “We’ve got to …

Butler Township moves to block drilling in residential areas

By Tribune-Review
Commissioners in Butler Township gave initial approval to a plan that would ban shale drilling in residential areas. Changes in the rules will not apply to drilling at the Krendale Golf Course, where commissioners last month approved a proposed well …

Allegheny Technologies reports $700,000 loss in 3Q

By John D. Oravecz
Costs of starting up Allegheny Technologies Inc.’s two major growth projects continue to be a drag on the company’s profit, but that is expected to gradually change beginning in 2015, CEO Rich Harshman said Tuesday. Commissioning and startup costs at …

Russian steel to lose duty shelter

By Reuters
WASHINGTON — The Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities. In the letter published on Monday, the United States gave Russia 60 …

Business Briefs

Roundup: EPA says mileage inflated on 4 Mini Cooper models; Google unveils app for managing Gmail inboxes; more

By Staff and Wires
EPA: Gas mileage inflated on 4 Mini Cooper models The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers …

Business Columnists

Jack Markowitz

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Let’s remember personal responsibility

Meet the Compassionate Exception. He or she is a media icon of our time. Always in the news, in one …

John Browne

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John Browne: Ebola fears infect markets

The World Health Organization announced last week that Ebola cases in West Africa could reach 10,000 a week by December …

John Dorfman

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Purloined Portfolio: What top managers are holding

Call it a festival of stolen ideas. I like to keep an eye on stocks held by other money managers …

Chris Posti

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Posti: Identifying, managing ‘blind spots’ key to career, life success

I’d like to tell you something your boss has been trying to tell you, but either your boss is not …

Kim Komando

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3 ways crooks attack you using public Wi-Fi

When you’re on the go and running out of data on your cellular plan, finding free public Wi-Fi is like …

Real Estate

How to inspect your garage door

By Mct Information Services
It’s easy to ignore your garage door. But it’s a bad idea, because a broken overhead door is more than a hassle. It’s a danger. Your garage door is generally your home’s largest moving object, and, possibly, its hardest-working component. …

Business Gallery

Business Gallery, Oct. 19, 2014

By Tribune-Review
BANKING, FINANCE PNC Financial Services Group Inc. appointed Marjorie Rodgers Cheshire to its board of directors. Vincent T. Strangio, senior assistant adviser, Legend Financial Advisors, …