TribLIVE

| Business


Shift in what powers the grid raises concerns about fuel diversity

By David Conti
It’s been described as a “jolt” to United States power systems, exposing a textbook example of how not to run our electrical grid. The so-called polar vortex of early 2014 sent heating bills skyrocketing, utilities scrambling for fuel and politicians calling for change. A few extremely cold days in this part ...

Free-market thinker Hall to lead Congressional Budget Office

By The Washington Post 12:01 a.m.
WASHINGTON — Congressional Republicans chose Keith Hall, an economist with a long record of government service and policy analysis, on Friday to lead the Congressional ...

Economist Hubbard says GOP should grow number of workers

By The Washington Post 12:01 a.m.
WASHINGTON — Few conservative economists have been as influential over the past decade as Glenn Hubbard. He was an architect of President George W. Bush’s ...

Women encouraged to become engineers

By Tribune News Service
WASHINGTON — Jennifer Boykin broke some stereotypes when she was young. She was the first girl to play Little League baseball in St. Louis. She excelled in math and science, encouraged by her father, an engineer for an aerospace company. When she ...

Unruly photo collection? Get it under control with organizing program

By Tribune-Review
Question: My photo collection is out of control. I’ve been to a bunch of weddings and family events this year and I took hundreds of photos at each of them. It takes me forever to find my favorites now. Help! ...

Protesters refuse to pay back education loans

By The Washington Post
WASHINGTON — Student debt can be brutally unforgiving for those who don’t pay back the money. Students who default can lose their paychecks, tax refunds, or even a portion of their Social Security. Not paying back debt can also ruin ...

Tech sector’s stocks strong

By The Associated Press
NEW YORK — Whenever you hear, “this time is different,” the wise move is usually to ignore it. But when it comes to technology stocks, which are flying at levels unseen since the dot-com boom was about to go bust, ...

‘Shark Tank’ companies have change of heart

By The Associated Press
NEW YORK — With the cameras rolling, Daniel and Stephanie Rensing accepted an offer from a “Shark Tank” investor. But when they had time to think about it, they changed their minds. Annual revenue for their company, The Smart Baker, ...

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 ...

Easier home loan rules worry some

By Alex Nixon
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 ...

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

By The Washington Post
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 ...

Severance tax on natural gas drilling backed by Pa. voters

By David Conti
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 ...

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 ...

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 ...

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 ...

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 ...

Business Briefs

Roundup: Fiat Chrysler recalls 467K SUVs for possible stalling; signed contracts to buy U.S. homes rise to 18-month high; more

From Wire Reports
Fiat Chrysler recalls 467K SUVs for possible stalling Fiat Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potential stalling problem. It’s the same problem that ...

Business Columnists

Jack Markowitz

columnist picture
Markowitz: Appearances don’t always tell the story

Nobody dreamed Ronald Read was a rich man. In a long life he never let on. It could be said …

John Browne

columnist picture
Yellen shuns Fed audit

Three important issues emerged during Federal Reserve Chairwoman Janet Yellen’s testimony last week before the Senate Banking Committee: Interest rate …

John Dorfman

columnist picture
Dorfman: Repeat champion of Economic Forecasting derby stays modest

California money manager Randy Jeffs won my annual Derby of Economic Forecasting Talent for a second time. Jeffs, the founder …

Chris Posti

columnist picture
To find best career path, start with a book, look to past

The number of snowflakes covering my front lawn on a wintry day is roughly equivalent to the number of people …

Kim Komando

columnist picture
Komando: Upgrading to a new gadget

Upgrading to a new gadget always feels like Christmas morning, but it also leaves you with an old smartphone or …

Real Estate

Home steeped in Hollywood history hits market

By The Los Angeles Times
LOS ANGELES — A turnkey home owned by actors and home renovators Jeremy Renner and Kristoffer Winters has come on the market in Hollywood at ...

Business Gallery

Business Gallery, March 1, 2015

By Tribune-Review
REAL ESTATE ...