Business

Shell exec expands on plan to build cracker plant in Beaver County 

Royal Dutch Shell's decision to build a multibillion-dollar petrochemical plant in Beaver County came down to three key considerations: location, location and tax incentives. Pennsylvania lies ...
Stock rally's second day turns Dow, S&P 500 positive for year
Banks and other financial companies led another broad surge in U.S. stocks Wednesday, turning the Dow Jones industrial average and the Standard & Poor's 500 ...
Union members reject proposed coal contract
Members of the United Mine Workers of America this week voted against a proposed labor contract that union leaders negotiated with the Bituminous Coal Operators ...
Former executive settles retaliation claim against Mylan
A former executive has settled a federal lawsuit claiming that Mylan Inc. fired him when it found out he had filed a whistleblower lawsuit against ...
Google gives users easier way to manage ads, personal data
SAN FRANCISCO — Google is trying to make it easier for you to manage the vast pool of information that it collects about your online ...
VW to pay consumers, government $15.3B for emissions violations
WASHINGTON — Volkswagen will spend up to $15.3 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests in what lawyers ...
U.S. economic growth in 1st quarter revised higher on stronger export sales
WASHINGTON — The economy grew slightly faster at the start of the year than previously estimated, even though consumer spending posted the smallest gain in ...
Summer hiring spurs dip in Pittsburgh region's unemployment rate
The Pittsburgh region's unemployment rate declined for the first time this year, although hiring remained sluggish and economists doubted whether the job market would expand ...
At Pittsburgh hearing, environmentalists call for end to coal mining leases on federal land
Environmental advocates asked Bureau of Land Management officials Tuesday to stop issuing leases for coal mining on federal properties, or to revamp the leasing program. "We ...
Dollar Bank merges with Virginia chain Bank @lantec
Dollar Bank is expanding into Virginia with its first merger in more than three decades, underscoring the pressures on small banks to consolidate amid heightened ...
Energy, bank stocks lead rebound as anxiety over British vote eases
Stock indexes mounted a broad comeback Tuesday as investors set aside their anxiety over Britain's vote to leave the European Union and snapped up shares ...
Allegheny Health Network CEO embraces challenges of hospital system management
Cynthia Hundorfean spent more than 30 years just up the road in Cleveland, but she hadn't experienced the welcome mat of Pittsburgh's skyline as a ...
PPG transfers obligations for retiree pensions to insurers
PPG Industries Inc. is transferring pension obligations for 13,400 retirees to two insurance companies as the Downtown-based paint producer looks to eliminate its responsibility for ...
Roadblocks present for petrochemical expansion in region
Attracting companies such as Royal Dutch Shell to build their petrochemical plants along the Ohio River was the easy part, as far as Keith Burdette ...
Brexit effect ripples through Europe, threatens alliances
WASHINGTON — Britain's decision to bolt the European Union means economic pain for the United Kingdom above all. But it also threatens the economic alliances ...
Stocks, pound fall again amid investor jitters sparked by Brexit
Investor jitters over the economic fallout of Britain's vote to leave the European Union sent U.S. stocks sharply lower on Monday. The latest slump ...
Treasury Secretary Lew denies financial crisis developing
WASHINGTON — U.S. Treasury Secretary Jacob Lew says the decision of British voters to leave the European Union is "an additional headwind" for the U.S. ...
Diet Pepsi with aspartame to make its return
NEW YORK — Diet Pepsi made with aspartame is returning to shelves in the United States, after PepsiCo saw sales plummet following its reformulation of ...
Medical costs rise from 2009-13
Average out-of-pocket costs for hospitalization went up for people in the United States with insurance between 2009 and 2013, due largely to increasing deductibles and ...
Smaller, private drillers flex leaner muscles during downturn
In a shale gas industry known for big drilling rigs and boastful claims about monster wells, Callum Streeter values a more low-key approach. "We're not putting ...

A blog by David Conti