| Business

EQT Corp. boosts profits despite lower gas prices

By David Conti
Faced with a natural gas glut that continues to stifle prices in Appalachia, EQT Corp. plans to cut costs but maintain production by drilling fewer wells and extending their horizontal reach into the Marcellus shale. “We will drill. We’ll develop the same amount of acreage. We’ll just do it with …

PUC approves Columbia Gas pipeline extensions program for homeowners

By Mike Wereschagin
Some homeowners will be able to finance expensive pipeline extension projects to bring natural gas to their houses under a pilot program approved Thursday by the state Public Utility Commission. Columbia Gas of Pennsylvania won unanimous approval for its four-year …

Education Management removes itself from Nasdaq listing

By Chris Fleisher
Education Management Corp. is going private as the financially struggling operator of for-profit colleges undergoes an enormous restructuring and hands control to its creditors. Downtown-based EDMC said Thursday that it plans to remove itself as a listed company on the …

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

By The Guardian
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 …

Mortgage rate slide’s impact could be minimal

By The Associated Press
WASHINGTON — With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy …

Falling fuel prices help airlines — not fliers

By The Associated Press
DALLAS — Profits are soaring at the nation’s biggest airlines as fuel prices drop — but don’t expect fares to fall. Heading into the busy …

Toy sellers to enhance marketing as holidays approach

By The Associated Press 3:52 a.m.
NEW YORK — Looking for the holiday season’s hot toys, like anything related to Disney’s “Frozen”? Or maybe you’re not picky and just looking for …

Rule to close coal royalty loophole

By Reuters
WASHINGTON — The government is drafting rules designed to close an accounting loophole that in recent years has helped coal companies boost export profits and likely cost taxpayers tens of millions of dollars, people familiar with the plan said. American …

Stocks jump on strong earnings, led by 3M, Caterpillar

By The Associated Press
NEW YORK — A combination of strong company earnings and encouraging economic reports, in America and Europe, gave the stock market another day of solid gains Thursday. Caterpillar jumped when it reported third-quarter earnings that were better than Wall Street …

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 …

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 …

Business Briefs

Roundup: Alcoa sells stake in South Carolina smelter; Workers at U.S. Steel plant approve contract; more

By Staff and Wires
Alcoa to sell stake in South Carolina smelter Alcoa Inc. said Thursday it agreed to sell its stake in an aluminum smelter in Goose Creek, S.C., to Century Aluminum Co. for $67.5 million in cash, plus an amount dependent on …

Business Columnists

Jack Markowitz

columnist picture
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

columnist picture
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

columnist picture
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

columnist picture
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

columnist picture
Essential security apps for your phone or tablet

Hackers would love to weasel their way on to your smartphone or tablet, just like they try to do your …

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, …