Business category, Page 4

Trump touted bigger tax refunds this year, but Americans will likely spend them on gas

WASHINGTON — The U.S. economy was supposed to start the year with a bang, fueled by an unusually large jump in tax refunds from President Donald Trump’s tax cut legislation. Yet spiking gas prices are on track to eat up those refunds, leaving most Americans with little extra to spend....
The middle-class suburbanites who sell their blood plasma to get by

WEBSTER, Texas — Joseph Briseño arrived at CSL Plasma around 8 a.m., just as the morning rush of donors was thinning out. He took a few small sips from his water bottle, preparing for what he ruefully described as his second job. Four days a week, Briseño, who lives in...
Nothing fake about Southwestern Pa.’s golf simulator boom

OnPar Now’s golf simulators fill up every other Friday during the winter with women of various skill levels. Some have steady swings, others swing and miss. The score isn’t the point for this virtual golf league built on real-world connection. “We have drinks and network and have a good time,”...
Meta targeted older workers in layoffs, lawsuit by former senior director for company claims

When Menlo Park, California, social media giant Meta executed a plan to slash 5% of its workforce last year, it laid off older workers at much higher rates than younger employees, a lawsuit by one of those workers claims. Nicolas Franchet alleged in his lawsuit that he was one victim...
Jury finds Elon Musk misled investors during Twitter purchase, absolves him of some fraud claims

SAN FRANCISCO — A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did...
Trump officials announce 10-gigawatt data center, gas plants for former Ohio uranium site

PIKETON, Ohio — The U.S. Department of Energy on Friday announced a public-private partnership to develop a major data center with its own power supply on the site of a decommissioned uranium enrichment plant in southern Ohio, as it pushes commercial development of artificial intelligence technology. The Portsmouth Gaseous Diffusion...
In an always-on culture, employees try ‘microshifting’ to reclaim personal lives

NEW YORK — Before the house is humming and her teenagers ask her to whip up breakfast or chauffeur them to school, Jen Meegan reads her company emails and revisits ideas she drafted the night before. She works for an hour or so, then after the school run shops for...
Pittsburgh City Paper to relaunch under new ownershipVideo

A deal is in place that will allow Pittsburgh City Paper to relaunch under new ownership, restoring its online presence as well as a monthly print issue, its leadership said Thursday. “City Paper is a legacy free paper. I think alt-weeklies, even if they don’t print quite weekly, are a...
Ozempic is about to go generic for billions of people

The blockbuster weight loss drug sold as Ozempic and Wegovy will soon go generic in countries that are home to 40% of the world’s population, significantly lowering the price of a costly medicine that had been largely unaffordable to nearly all but the wealthiest people. On Saturday, Novo Nordisk, the...
Uber to invest up to $1.25B in Rivian to help launch robotaxis

NEW YORK — Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000 robotaxis. Uber, or its fleet partners, are expected to buy 10,000 fully autonomous Rivian R2 robotaxis, with the option to purchase up to 40,000 more in 2030. The companies...
U.S. applications for jobless benefits fall to 205,000 last week as layoffs remain historically low

WASHINGTON — U.S. applications for unemployment benefits fell last week, remaining in the same range of recent years despite a broadly tepid labor market. The number of Americans filing for jobless aid for the week ending March 14 fell by 8,000 from the previous week to 205,000, the Labor Department...
How much energy does AI really need? Anthropic official weighs in at CMU Energy Week

It’s obvious that energy industry leaders have been talking about artificial intelligence a great deal late, said Benjamin Della Rocca, national security lead at Anthropic, a leading AI company. But it’s still uncertain, Della Rocca said, exactly what AI’s energy needs are going to be in the upcoming years. “AI’s...
Don’s Appliances founder dies at 82

Donald Lee Hillebrand, founder of Pittsburgh-area appliance retail empire Don’s Appliances, died this week. He was 82. Hillebrand, who founded the store with his late wife, Jill Ann Hillebrand, in 1971, died “peacefully surrounded by his family” on Monday, an obituary said. He was born Aug. 24, 1943, in McKees...
John Dorfman: My Nasdaq stock picks have averaged 17.9% return

The turnaround in the Nasdaq Stock Market happened sooner than I expected. Each March, I write a column about the Nasdaq. A year ago, I wrote that Nasdaq stocks — flailing at the time because of President Donald Trump’s “Liberation Day” tariffs — probably would be a fertile buying ground...
Alcoa nears first sale of property for potential data center

Pittsburgh-based Alcoa is inching closer to a deal to sell the first of 10 former industrial sites for potential use as data centers. The aluminum manufacturer announced plans in February to offload closed or curtailed sites. The New Kensington Technical Center not among them, nor are any company properties in...
U.S. says Anthropic is an ‘unacceptable’ national security risk

SAN FRANCISCO — The U.S. government said Tuesday that it had deemed the artificial intelligence company Anthropic an “unacceptable risk” to national security because the startup could disable or alter its technology to suit its own interests, rather than the country’s priorities, in a time of war. In a 40-page...

‹ Previous 1 2 3 4 5 6 7 8 Next ›

Partner News