Business category, Page 4

TORONTO — Air Canada said Tuesday it will gradually restart operations after reaching an agreement with the union for 10,000 flight attendants to end a strike. The union first announced the agreement early Tuesday after Air Canada and the union resumed talks late Monday for the first time since the...

Do you collect Labubus? An urgent safety warning was just issued Monday warning about knockoff products called Lafufus — as they pose a serious risk of choking and death to young children. The popular creatures were created by Hong Kong artist Kasing Lung. He created “The Monsters” in 2015, first...

A New York tech company founder who PNC claims defrauded it of over $27 million has started to chip away at his balance, but the bank has doubts a full payoff is possible without court intervention. “We still don’t have a very clear picture of whether this is a truly...

Federal incentives for home energy improvements are running out at the end of the year, so it’s decision time for anyone who has been thinking about a heat pump. The right decision can depend on where you live, how much you have to spend and how deeply you want to...

More than 70 Rite Aid pharmacies have shuttered or are preparing to close across the Pittsburgh area as the company undergoes bankruptcy and restructuring. Customers’ prescriptions have been transferred to other pharmacies, but the empty stores will leave a large group of properties — in prime commercial locations across Western...

Brian Doyle remembers the explosion that hurled him to the coke plant’s floor — but little else from that day. It was a Wednesday — July 14, 2010 — and Doyle, a steamfitters union member and contractor for Power Piping, was inside the Clairton Coke Works getting ready to repair...

TORONTO — Canada’s government forced Air Canada and its striking flight attendants back to work and into arbitration Saturday after a work stoppage stranded more than 100,000 travelers around the world during the peak summer travel season. Federal Jobs Minister Patty Hajdu said now is not the time to take...

The Chemical Safety and Hazard Investigation Board’s probe into the deadly explosion at the Clairton Coke Works could take a year or more and will include worker interviews, careful examination of daily operations and a cinematic recreation of the blast. The aim is to trace events leading up to the...

U.S. Steel on Friday pinned blame for the deadly explosion Monday at the Clairton Coke Works on a valve failure that led to coke oven gas igniting, according to the company’s preliminary findings. “Preliminary indications lead us to believe that the explosion happened when flushing a gas valve in preparation...

It’s been a little over six months since President Donald Trump assumed office for his second term. In that time, the economic landscape has shifted quite drastically: The new administration has implemented broad tariffs on U.S. trade partners, the stock market has both plummeted and soared to historic heights, hiring...

When Terrence Dwyer received a knock on his door and a flyer for a solar panel system small enough to fit on his deck, he was quickly sold. Solar systems that plug into regular wall outlets have been popular in Europe for years and are gaining traction in the U.S....

PNC Bank on Thursday sued a New York tech-company founder, accusing him of defrauding it of $27 million in a check-kiting scheme that involved the movement of hundreds of millions of dollars. Dan Herbatschek, a mathematician who founded Ramsey Theory Capital, is named as the lead defendant in the lawsuit,...

Costco Wholesale Corp. has decided not to dispense the abortion pill mifepristone at its more than 500 pharmacy locations, a decision hailed by a group of faith-based activists who urged the retailer to avoid selling the drug. Costco said in a statement that it hasn’t seen consumer demand for the...

The number of Americans filing for jobless benefits fell modestly last week, remaining in the historically low range since the U.S. economy emerged from the covid-19 pandemic. Applications for unemployment benefits for the week ending Aug. 9 fell by 3,000 to 224,000, the Labor Department reported Thursday. That’s below the...

NEW YORK — Amazon is now rolling out a service where its Prime members can now order their blueberries and milk at the same time as basic items like batteries and T-shirts and get them within hours. The online juggernaut said Wednesday that customers in more than 1,000 cities and...

TOKYO — Fast-food chain McDonald’s Japan has canceled a Happy Meal campaign that came with coveted Pokemon cards, apologizing after resellers rushed to buy the meals and then discarded the food, leaving trash outside stores. The meals, called Happy Sets in Japan, were meant for children. They came with a...

Richard Tikey stood by anxiously until every last one of his colleagues was accounted for after a deadly blast Monday morning at the Clairton Coke Works. He felt it was his duty as vice president of the plant’s union local to stay on scene, assist emergency responders and field concerns...

The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations. “Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations...

NEW YORK — Just five months after emerging from Chapter 11 bankruptcy protection, Spirit Airlines is warning about its future ability to stay in business. Spirit Aviation Holdings, the budget carrier’s parent company, says it has “substantial doubt” about its ability to continue as a going concern over the next...

WASHINGTON — U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago. Consumer prices rose 2.7% in July from a year earlier, the Labor Department said Tuesday, the same as...

WASHINGTON — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other...

WASHINGTON — President Donald Trump said Monday that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the agency that compiles and publishes the nation’s employment and inflation figures. “Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,”...

LOUISVILLE, Ky. — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will outcompete rival models. The automaker’s top executive unveiled the new EV strategy Monday at Ford’s Louisville Assembly Plant...