Business category, Page 4

BILLINGS, Mont. — Federal officials rejected a mining company’s bid for more than 6 million tons of coal beneath a national forest in Utah, marking the third proposed coal sale from public lands in the West to fall through this month, the Interior Department disclosed Thursday. The failed sales mark...

Do you keep an eye on your competition? Of course you do. Competition research is common sense. When you think a competitor has a great idea, adopt it or adapt it. In that spirit, once a year I compile a Purloined Portfolio, consisting of one stock from each of five...

Allegheny Health Network and the much smaller Heritage Valley Health System have signed a merger agreement, marking the latest push by the Pittsburgh region’s biggest hospital systems to expand their reach. Officials on Thursday announced the deal, which requires state and federal government approval. It would bring Heritage Valley hospitals...

Pittsburgh City Paper on Wednesday announced it is cutting its weekly print edition. Executive Editor Ali Trachta in a letter posted to the paper’s website said the alternative newspaper would continue posting content online and social media pages and will publish four print editions annually. “Like many newspapers — especially...

Several dozen workers and supporters were met with locked doors at Greco Steel’s Springdale headquarters on Wednesday as some employees continued their yearlong struggle for a contract with the company. The nine workers won a narrow vote — 9-7 — to join the Iron Workers International Union last October. Still...

An investor group, including BlackRock and Nvidia, will buy Aligned Data Centers from Macquarie Asset Management in a deal worth $40 billion, the companies said Wednesday, as AI infrastructure expansion powers on. The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to develop artificial intelligence technology,...

The Heights Plaza shopping center in Harrison is for sale. The 30-acre property, owned by New York-based Benbrooke Realty Investment Co., is on the market for $16 million, according to a listing on LoopNet.com. Rich Lubkin of Benbrooke did not return TribLive calls or email requests for comment. The sale...

Instagram will limit what users under 18 can see on the platform using filters inspired by the PG-13 movie rating system, in the latest step by its parent Meta to address criticism that it has not done enough to protect teenagers online. Modeled on the Motion Picture Association’s ratings, the...

Federal Reserve Chair Jerome Powell said on Tuesday the end of the central bank’s long-running effort to shrink the size of its holdings, widely known as quantitative tightening, or QT, may be coming into view. Given the central bank’s long-running goal of leaving enough liquidity in the financial system to...

Bonnie Ostrowski rolled out of Sam’s Club at Pittsburgh Mills pushing a cart full of Halloween goodies. “I got three grandkids who live with me … that’s why the cart looks the way it does,” Ostrowski said about the bulk-sized packages of candy she purchased recently. Ostrowski, a retiree from...

U.S. companies and consumers are bearing the brunt of the country’s new import tariffs, early indications show, contradicting assertions by President Donald Trump and complicating the Federal Reserve’s fight against inflation. Trump famously predicted that foreign countries would pay the price of his protectionist policies, wagering that exporters would absorb...

The U.S. federal government shutdown is starting to impact the nation’s economy, U.S. Treasury Secretary Scott Bessent said on Monday as the closure entered its 13th day. “This is getting serious. It’s starting to affect the real economy,” he told Fox Business Network’s “Mornings with Maria” program, without offering more...

When Kim Brooks opened an email in 2006 asking for sock donations for troops in Iraq, she didn’t hesitate. The request came from The Sock Brigade, a project launched by an Oregon alpaca farmer after her Army sergeant son told her his unit needed warm alpaca socks for the bitter...

BEIJING/HONG KONG — China called President Donald Trump’s latest tariffs on Chinese goods hypocritical on Sunday and defended its curbs on exports of rare earth elements and equipment, but stopped short of imposing new levies on U.S. products. Trump on Friday responded to Beijing’s most recent export controls by imposing...

WASHINGTON — The ongoing shutdown debate between Democrats and President Donald Trump’s Republicans is largely avoiding the difficult fiscal issues clouding the country’s future — the rising national debt and the long-term financial health of Social Security and Medicare. The fifteenth partial federal government shutdown since 1981 has been sparked...

Monroeville Mall has inspired a book and is featured in movies, including George Romero’s “Dawn of the Dead.” That prominence may not spare it from demolition. A state funding request made public last week indicates its owner, Walmart, plans to tear down and rebuild on the property it bought in...

A Pleasant Unity pottery studio opened in answer to a retired physician’s passion for pottery has been named to House Beautiful magazine’s list of the best home stores in America. The store, fdp Studio Shop on Main Street, features pottery created by Francis DeFabo complemented by home decor curated by...

The chair of the Federal Communications Commission said Friday major U.S. online retail websites have removed several million listings for prohibited Chinese electronics as part of a crackdown by the agency. FCC Chair Brendan Carr said in an interview the items removed are either on a U.S. list of barred...

As Giant Eagle expands its pharmacy business by absorbing customers from the failed Rite-Aid chain, it quietly has been making a bigger push into a more obscure sector of the industry: pharmacy benefit management. After dabbling for at least a decade in pharmacy benefit management, serving as the go-between among...

NEW YORK — Investor worries Wall Street’s record stock rally would soon fizzle loomed large after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face Friday after President Donald Trump revived threats to hike tariffs against China, triggering worries that a possible...

A mixed-use development that could bring offices, restaurants and retail along Route 28 in Harrison is back on the drawing board. The project, known as Harrison Point, is moving forward despite sitting dormant for 11 years, according to Richard Gasperini Jr. of Genfor Real Estate. His group is soliciting development...

Ohio Gov. Mike DeWine has banned the sale of intoxicating hemp products — such as THC-infused gummies and beverages sold in gas stations, taprooms and retail shops — for 90 days. His executive order, signed on Wednesday, requires retailers to remove products and cease sales by 12:01 a.m. Tuesday. Intoxicating...

The U.S. government purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina’s central bank, Treasury Secretary Scott Bessent said on Thursday, sending the peso and Argentine dollar bonds sharply higher. “The U.S. Treasury is prepared, immediately, to take whatever exceptional measures are warranted to provide stability...

WASHINGTON — The U.S. National Highway Traffic Safety Administration said on Thursday that it is opening an investigation into 2.88 million Tesla vehicles equipped with its Full Self-Driving system over more than 50 reports of traffic-safety violations and a series of crashes. The auto safety agency said FSD — an...

WASHINGTON — Prices for long-lasting U.S. consumer and personal goods increased in September, data from OpenBrand showed on Thursday, though the boost from import tariffs appeared to be fading. A partial U.S. government shutdown, now in its second week, has caused the suspension of official economic data collection and publication,...