Business category, Page 137
Regional initiative launches on patient safety and technology in health care
Think about your smartphone. You rarely leave home without it, and there’s a team dedicated to making sure the device is upgraded and meaningful to you. But a dedicated team to making sure health care is safer for patients — and that workers can work in the best environments —...
A few things to know about Erin Brockovich ahead of East Palestine town hall
Environmental and consumer advocate Erin Brockovich plans to host a town hall Friday in East Palestine, Ohio, after a Norfolk Southern train carrying hazardous materials derailed Feb. 3 and released toxic chemicals. Here are a few things to know about the activist and public speaker.In 1993, law clerk Brockovich, an...
Construction of $40M workforce center proceeds on CCAC’s North Side campus
The timing seemed right in November 2019 when the Community College of Allegheny County announced an ambitious workforce development initiative that included building a multi-story academic hall and expanding programming to steer more students into high-demand fields. The areas of study slated for the new Workforce Development and Training Center...
Millions of U.S. workers are still missing after the pandemic. Where did they go?
Millions of workers are still missing from the U.S. labor force three years after covid-19 surfaced, and economists are scratching their heads as to how big the gap actually is and where all these people went. One estimate found at least 2.1 million who retired earlier then expected. Another calculated...
Stocks rise on Wall Street to break a 4-day losing streakVideo
NEW YORK — Stocks climbed Thursday after a see-saw day on Wall Street to break out of their longest losing streak since December. The S&P 500 rose 0.5% for its first gain in five days. The Dow Jones Industrial Average gained 108 points, or 0.3%, while the Nasdaq composite added...
How credit scores are evolving to improve access to credit
NEW YORK — A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase the spending limit on your credit card. Some reasons for a low score are out of your control — such as unexpected medical debt or a lack...
Aldi groceries can now be ordered on-demand via DoorDash
Aldi customers can now have their groceries delivered on-demand by DoorDash. DoorDash said Aldi has been one of the most requested grocer by its customers since it launched in 2020. The delivery service, DoorDash said, will be available for nearly all Aldi locations in 38 states. Customers can shop for...
U.S. applications for jobless benefits fall again last week
The number of Americans filing for jobless aid fell last week as the labor market remains resilient in the face of the Federal Reserve’s interest rate increases meant to cool the economy. Applications for unemployment benefits in the U.S. for the week ending Feb. 18 fell by 3,000 last week...
Dick’s Sporting Goods to acquire outdoor retailer from Walmart
Dick’s Sporting Goods is acquiring outdoor retailer Moosejaw from Walmart. The deal is designed to expand the Findlay-based retailer’s outdoor portfolio, which includes its specialty retailer, Public Lands. Moosejaw, founded in Michigan in 1992, “operates a highly successful e-commerce platform, has a loyal customer base, strong vendor relationships with leading...
Proposal to build new Citizens Bank branch in East Liberty receives approval on 3rd try
Pittsburgh’s Planning Commission on Tuesday approved a plan to tear down and replace the Citizens Bank branch in East Liberty after previously denying two similar proposals. The building at 6112 Penn Ave. was constructed in 1969 and 1970, originally housing a Mellon Bank branch. Citizens Bank opened a branch there...
Stocks stall in mixed trading day after worst drop in months
NEW YORK — Stocks stalled in mixed trading on Wednesday, a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer. The S&P 500 dipped 0.2% after drifting between small gains and losses through the day. The Dow Jones...
EQT donates oil and gas production equipment to Ukraine
Pittsburgh-based EQT Corp. said it has donated oil and gas production equipment to Ukraine’s largest natural gas producer. The equipment donation to JSC Ukrgasvydobuvannya will be used to restore damaged oil and gas production facilities and revive critical production in wartime conditions, EQT said. Russia’s invasion of Ukraine a year...
Amazon closes $3.9B buyout of health company One Medical
NEW YORK — Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includes its online drugstore Amazon Pharmacy and...
Microsoft brings Bing chatbot to phones after curbing quirks
Microsoft is ready to take its new Bing chatbot mainstream — less than a week after making major fixes to stop the artificially intelligent search engine from going off the rails. The company said Wednesday it is bringing the new AI technology to its Bing smartphone app, as well as...
U.S. home sales fell again in January; prices edged higher
LOS ANGELES — The nation’s housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The National Association of Realtors said Tuesday that existing U.S. home sales fell to a seasonally adjusted annual rate of...
Wall Street tumbles, Dow loses nearly 700 on fears about high ratesVideo
NEW YORK — Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their tightening squeeze on Wall Street and the economy. The S&P 500 fell 2% for its sharpest drop since the market was selling off in December. The Dow Jones...
Home Depot says it will raise pay for U.S., Canadian workers
Home Depot said Tuesday it’s investing $1 billion in wage increases for its U.S. and Canadian hourly workers. The Atlanta-based home improvement chain said every hourly employee will get a raise starting this month. Starting pay will be at least $15 per hour in all markets. Home Depot is one...
Liz Weston: Make your credit cards less vulnerable to fraud
Last year, one of my family’s credit cards was used to rack up hundreds of dollars in bogus charges at Apple.com. Another card was compromised four times in a row, as thieves repeatedly charged merchandise and Uber rides. We ultimately got our money back, but repeated credit card fraud can...
Moderna, Cirrus Logic are Balance Sheet Powerhouses
On a hilltop in your town live two people. Joseph has an income of $400,000 a year but little savings. Francois has income of only $90,000 a year but $30 million in the bank. Who would you rather be? Any sane person would pick Francois. And yet, when they go...
Here are some online resources for information on Ohio train derailment
In the wake of the train derailment in East Palestine, Ohio, and the controlled burn of hazardous chemicals following that, many people are concerned about the health and environmental impact of the incident. The Norfolk Southern train was carrying hazardous chemicals when it derailed on Feb. 3, causing a fire...
Wabash piers have a new owner after 2 years on the market
The piers that once supported the Wabash Bridge across the Monongahela River in Pittsburgh have been sold. What happens next to the huge, stone towers that rise about 45 feet above the river between Downtown and the South Side remains to be seen. The all-cash sale was through a third-party...
UPMC Children’s Hospital to open new rehab facility
For some kids who suffer from brain trauma or spinal injury, one of the goals they may set for rehabilitation is being able to sit on the floor to play with their pet dog. The Zero G robot, a new supportive harness system for patients to practice walking, balance and...
Local entrepreneurs profit from advice offered through free programs
Bryan Krazel and Mark Williamson have taken control of their destinies. They both started new businesses last year — joining about 5 million other U.S. entrepreneurs who did the same thing, according to the Commerce Institute, a website that curates small-business statistics. Krazel had worked as a veterinarian for 25...
College, university endowments report losses on their most recent balance sheets
A year ago, the nation’s college and university endowments shook off a pandemic-driven market slump to score impressive growth to support their schools’ academic missions. This time, in fiscal year 2022, the story was the same, say two organizations that closely monitor those funds — only the order was reversed,...
DoorDash sees record orders and users, but losses grow
DoorDash said Thursday that it saw a record number of orders and active users in the fourth quarter as it expanded overseas and gained market share at home. The San Francisco-based delivery company said its monthly active users grew 28% to a record 34 million during the October-December period. DashPass...
