| Business

LNG exports get federal approval from Dominion’s Cove Point terminal

By David Conti  and Katelyn Ferral 11:10 a.m.
Federal approval of a much-debated liquefied natural gas export facility in Maryland sends a signal for more drilling in Appalachia that the industry began celebrating Tuesday and environmental groups met with more opposition. Dominion Energy’s Cove Point project will allow …

Google Pittsburgh instrumental in fight against hackers, co-directors say

By John D. Oravecz 11:10 a.m.
Google Inc. peeled back a layer of secrecy on Tuesday to reveal some of the technology projects that are getting attention at its Bakery Square office: online advertising scams and facial recognition security for smartphones. The company, which has 400 …

Hospitals, doctors in Pa. received $32M in 5 months from drug, medical device companies

By Alex Nixon  and Adam Smeltz
Drug and medical device companies doled out $32.2 million to physicians and teaching hospitals in Pennsylvania during five months last year, according to data released Tuesday as part of a federal effort to spotlight potential ethical conflicts in medicine. Companies …

EPA says greenhouse gas releases from wells, pipelines decline

By David Conti 11:10 a.m.
The U.S. oil and gas sector reduced greenhouse gas emissions from well sites, pipelines and processing facilities last year despite the industry’s continued growth, the …

FedEx facility in Butler County could bring hundreds of jobs

By Bill Vidonic
Jackson supervisors are expected to approve FedEx Ground’s plans to build a 305,000-square-foot distribution center near Interstate 79, the township manager said Tuesday. The distribution center could mean 500 to 550 jobs, Chris Rearick said. Supervisors are expected to vote …

Western Pa. unemployment rate holds steady in August

By Chris Fleisher 11:10 a.m.
The Pittsburgh region’s economy is plodding along and searching for a spark as employers shed workers with the close of summer in August and high-wage sectors shrank. Employers in the seven-county metropolitan area lost 8,200 nonfarm jobs in August, the …

Retirement planning is about more than just money

By Chris Fleisher
Kim Fleming knows how complicated planning for retirement can be. As the head of a Downtown wealth management firm, Fleming discusses it with clients every …

Spokesman for India’s PM tells Pitt audience of pro-business agenda

By Megha Satyanarayana
Calling the recent youth-led election of Indian Prime Minister Narendra Modi “a delicate, dangerous moment,” Mobashar “MJ” Akbar, spokesman for Modi’s Bharatiya Janata Party, laid …

Trib 30 index of Pittsburgh-area stocks falls in September

By John D. Oravecz
Pittsburgh-area stocks fell in September as markets were roiled by concerns about the global economy and military conflicts. The Trib 30 stock index ended trading Tuesday at 423.90, down 5.7 percent from August, when local stocks neared records after recovering …

Education spending helps to widen wealth gap

By The Associated Press 11:10 a.m.
WASHINGTON — Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they’ll count the ways: Preschool can lift children from poverty. Top high schools prepare students for college. A college …

Shareholders cheer eBay’s decision to spin off PayPal

By The Associated Press 11:10 a.m.
NEW YORK — PayPal’s impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as and give it the freedom to aggressively take on new mobile pay challenger Apple Pay. For eBay, …

‘Tug of war’ takes effect on stocks as market logs 3rd monthly drop for 2014

By The Associated Press
NEW YORK — A suddenly stormy month on the stock market came to a quiet end Tuesday. Major indexes drifted to a slight loss, leaving the Standard & Poor’s 500 down 1.6 percent for September, its third monthly drop this …

Hotel still a possibility for August Wilson Center

By Natasha Lindstrom
Foundation and civic leaders thwarted a developer from building a hotel atop the August Wilson Center for African American Culture, but the nonprofit taking over the Downtown property likely will pursue its own hotel project. “We will work in concert …

Cranberry-based Prodigo Solutions: Hospitals can reduce high supply costs

By Alex Nixon
Prodigo Solutions Inc. is an antidote for the billions of dollars in runaway health care expenses that plague America’s hospitals. The Cranberry-based company, which was …

Corbett: Downtown project will ‘make a huge difference’ in Pittsburgh

By Melissa Daniels
The former Saks Fifth Avenue department store and largely vacant Henry W. Oliver Building will undergo a $134 million renovation with state assistance that Gov. …

With acquisition, PNC set to enter IPO market

By Chris Fleisher
PNC Financial Services Group is getting into the business of advising companies that want to go public, capitalizing on the hot market for initial public offerings at a time when banks are looking for new sources of revenue. PNC has …

Business Briefs

Roundup: Housing numbers reflect broad slowdown; U.S. consumer confidence slides in September; more

By Staff and Wires
Housing data reflect broad slowdown The nation’s housing market cooled off faster than expected this summer, according to figures out Tuesday. Home prices increased 5.6 percent in July from the year before, according to the S&P/Case-Shiller Index. That’s down from …

Business Columnists

Jack Markowitz

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GE: American icon bends to global reality

Who but a stockholder or jobholder ought to care if General Electric sells its appliance business to another big company? …

John Browne

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Inversions signal flaw

At 40 percent, the United States has the highest corporate tax rate in the developed world. Companies have used loopholes …

John Dorfman

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Dorfman: 4 stocks at low for year seem like prime candidates for comeback

What goes down must come up. If only that were true in the stock market, how easy investing would be. …

Chris Posti

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Job hunt changes with tech

If you want a job, get more tech-savvy. That’s the overarching message of a 2014 survey by Career Thought Leaders …

Kim Komando

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5 amazing gadgets you won’t believe exist

If you haven’t noticed, the “Age of Technology” is upon us. Real versions of yesterday’s dreams are popping up like …

Real Estate

How contractor estimates work

By Mct Information Services
How much should you expect to pay, if anything, for an estimate, inspection or other kind of contractor consultation? The answer depends on the nature of your project and the policies of the companies from which you solicit bids. Rules …

Business Gallery

Business Gallery, Sept. 28, 2014

By Tribune-Review
LEGAL The Stonecipher Law Firm welcomed Jeanne Stancampiano Lofgren as an attorney. She focuses her practice in corporate governance, commercial transactions, commercial restructuring and bankruptcy. …