Business category, Page 255
Boeing CEO Dennis Muilenburg to step down immediately
Boeing’s CEO is resigning amid ongoing problems at the company over the troubled Max 737 aircraft. The board of directors said Monday that Dennis Muilenburg is stepping down immediately. The board’s current chairman David Calhoun will become president and CEO on January 13. The board said a change in leadership...
Twitter fights interference, deletes 5,929 Saudi accounts
NEW YORK — Twitter has identified and removed nearly 6,000 accounts that it said were part of a coordinated effort by Saudi government agencies and individuals to advance the country’s geopolitical interests. Separately, Facebook said it removed hundreds of Facebook accounts, groups and pages linked to inauthentic behavior from two...
Wawa says data breach affected thousands over 10 monthsVideo
WAWA — The Wawa convenience store chain says a data breach may have collected debit and credit card information from thousands of customers. Pennsylvania-based Wawa Inc. said Thursday that its information security team discovered malware on its payment processing servers on Dec. 10 and stopped the breach on Dec 12....
Erie coke plant shuts down amid mounting pollution concernsVideo
ERIE — A coke plant abruptly shut down Thursday morning amid mounting regulatory pressure over its environmental record. Erie Coke Corp. employed more than 130 people at the plant, which uses coal to produce foundry coke, a key ingredient in the steelmaking process. Workers who showed up at the plant...
U.S. probes 4 automakers in new Takata air bag recall
DETROIT — The U.S. government’s highway safety agency has launched an investigation into four automakers that have a potentially deadly type of Takata air bag inflator in their vehicles but have yet to recall them. The National Highway Traffic Safety Administration said in documents posted Thursday that it is investigating...
U.S. home sales tumbled 1.7% in November
WASHINGTON — Home-buying slumped in November, with some Americans priced out of the market by rising prices and a shortage of sales listings. The National Association of Realtors said Thursday that sales of existing homes fell 1.7% last month to a seasonally adjusted annual rate of 5.35 million. Would-be buyers...
Greensburg accountant named partner at Deluzio & Co.
Cole Beehner has been named a partner in the CPA firm of Deluzio & Co. LLP, effective Jan. 1. Deluzio & Co. has offices in Greensburg and Pittsburgh. Beehner has been with the firm since 2006, conducting audit and attest services for clients, and most recently has served as audit...
Ford to add 3,000 jobs in the Detroit area, invest $1.45B
DETROIT — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles. The company said Tuesday that about $750 million will go the Michigan Assembly Plant in the Detroit suburb of...
Amazon bans sellers from using FedEx for some deliveries
NEW YORK — Amazon is banning its third-party merchants from using FedEx’s ground service to deliver to Prime members, suggesting that it thinks the service is too slow to get packages to their destinations in time for Christmas. The temporary ban will block those companies from using FedEx Ground service,...
Employers post more jobs in October in sign of solid economy
WASHINGTON — The number of availab le jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong. The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million. That suggests that businesses remain confident enough...
Boeing to halt production of 737 Max airliner in JanuaryVideo
Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. The Chicago-based company said production would halt at its plant with 12,000 employees in Renton, Wash.,...
Hallmark to reinstate same-sex marriage commercial it pulledVideo
NEW YORK — The Hallmark Channel will reinstate same-sex marriage commercials that it pulled from the network, according to a company statement sent Sunday. An ad for wedding planning site Zola featuring two brides kissing at the altar was pulled following a complaint from the conservative group One Million Moms....
Are extended warranties worth it? Not so much, experts say
Consumers generally don’t need extended warranties. “They are cash cows for retailers,” said Linda Sherry, a spokeswoman for the advocacy group Consumer Action. “Salespeople get commissions, which is why they push them so hard.” But that doesn’t mean you want to dismiss the idea of purchasing extra protection in all...
Happy holidays from Comcast. Your cable bill is going up again.
Comcast is giving the gift of higher cable bills this holiday season. Tens of millions of Xfinity customers will see their bills rise 3.6% nationwide, on average, the company said Thursday, as it boosts prices for broadband plans and hikes TV fees starting next week. Customers in the Philadelphia region...
General Motors to invest $1.5 billion in Missouri plant
WENTZVILLE, Mo. — General Motors plans to invest $1.5 billion in a suburban St. Louis plant that makes trucks and vans, officials announced Friday. Missouri Gov. Mike Parson said in a statement that GM is pledging to keep 4,000 jobs at the Wentzville Assembly and Stamping Plant. Close to 4,300...
Trump says U.S., China have reached deal; Sunday tariffs offVideo
WASHINGTON — President Donald Trump said Friday that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Sunday as part of a modest interim agreement that de-escalates a 17-month trade war between the world’s two biggest economies. The United States is also reducing...
Reports: FTC may try to block Facebook from integrating apps
Facebook’s stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps. The reports said the Federal Trade Commission may seek a court injunction that would block Facebook’s “interoperability” plans for Facebook Messenger, WhatsApp...
Trump says US, China have reached deal; Sunday tariffs offVideo
President Donald Trump said Friday that the U.S. and China have reached a Phase 1 trade deal, de-escalating a 17-month dispute between the economic powers. The U.S. is dropping plans to impose tariffs Sunday on $160 billion in Chinese imports and is reducing some existing tariffs on Chinese goods. In...
Great Recession having effect on U.S. Christmas tree supplies this year
CHARLESTON, W.Va. — Customers searching for the perfect Christmas tree typically glance at Sandy Parsons’ limited offerings, then keep walking. Parsons never got her order for 350 trees from a North Carolina farm. Supplies were short, she was told. Instead, she was shipped some smaller ones for her lot at...
Pound and stocks jump on U.K. election, talk of U.S.-China deal
BANGKOK — Stock markets and the British pound rose Friday after Britain’s Conservative Party claimed a big win in the country’s general election, easing uncertainty over Brexit, and amid talk of a China-U.S. trade deal. The British pound jumped to $1.3470 from $1.3150 late Thursday but then eased back to...
Indoor lettuce growers find a wedge to market amid another E. coli outbreak
MINNEAPOLIS — The latest outbreak of E. coli in romaine lettuce has sickened more than 100 people nationwide and left others wondering if raw salad is safe. As food-safety investigators clear the vegetable aisle of contaminated lettuce, authorities provided more guidance on how to shop for safer product. Consumers should...
U.S., China near deal that would suspend planned tariffsVideo
WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. “We’re close to a deal,” said Myron Brilliant, the U.S. Chamber of Commerce’s head of international affairs, who has...
Southwest Airlines to share $125M from Boeing settlement with workers
DALLAS — Southwest Airlines will share about $125 million from a Boeing settlement with its workers. The Dallas carrier has been among the hardest hit by the grounding of Boeing’s Max 737 airplanes in March after a pair of deadly crashes. Without the planes, Southwest has said that it will...
Cheerios changes shape for new marketing campaign
MINNEAPOLIS — Out with the “O” and in with the heart. General Mills is replacing the most recognizable shape in the cereal kingdom, the Cheerios’ “O”, with heart-shaped pieces. It’s all a part of the food maker’s ongoing marketing campaign that claims its whole-grain cereals can be good for heart...
Facebook, Google drop out of top 10 ‘best places to work’ list
SAN FRANCISCO — Big tech companies such as Facebook Inc. and Alphabet Inc.’s Google, long seen as some of the world’s most desirable workplaces offering countless perks and employee benefits, are losing some of their shine. The Silicon Valley companies dropped out of the Top 10 “best places to work”...
