Business category, Page 103

Laurelville Retreat Center in Mt. Pleasant Township plans to break ground this fall on a $2.3 million meeting space at the center of its 600-acre campus. According to Executive Director Jeanette Lahm, Laurelville leadership has anticipated this expansion for the past 20 years. “The bed space that we have here...

WASHINGTON — Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation. In signaling so, Powell provided some...

Any given Sheetz convenience store location is recognizable by its bright red décor and liberal use of the letter Z. But its Bakery Square presence is a bit more unassuming in a former industrial space along Penn Avenue where the Altoona-based retailer is expanding, adding 20,000 square feet to accommodate...

LAKE BUENA VISTA, Fla. — The Walt Disney Co. announced Thursday that it was scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California to work in digital technology, finance and product development. The decision follows a year of attacks from Gov. Ron...

Two labor organizations filed an antitrust complaint against UPMC with the Department of Justice accusing the health care giant of using its market dominance to tamp down wages and trap workers in low-paying, unsafe conditions. In a 55-page complaint filed Thursday, SEIU Healthcare Pennsylvania and the Strategic Organizing Center contend...

Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties died on Thursday. He was 81. Zell died at home due to complications from a recent illness, according to Equity Group Investments, a company...

Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market. Applications for jobless claims for the week ending May 6 fell by 22,000 to 242,000, from 264,000 the week before, the Labor...

The iconic Weinermobile is no more. The hot dog on wheels is going by a new name — Frankmobile. Oscar Mayer announced the name change Wednesday in conjunction with the debut of a hot dog recipe, according to a news release. Known as Weinermobiles since they first hit roads in...

WASHINGTON — The Environmental Protection Agency is strengthening a rule aimed at controlling and cleaning up toxic waste from coal-fired power plants. A proposal announced Wednesday would for the first time require safe management of so-called coal ash dumped in hundreds of older landfills, “legacy” ponds and other inactive sites...

Spring is kickoff season for many kitchen remodels, bathroom updates and deck repairs, but recent economic turmoil may have homeowners questioning their home improvement plans. Spending on home renovations is expected to slow this year because of factors such as declining home sales and values, rising interest rates , continuing...

Elon Musk on Tuesday dismissed speculation that he might step down as Tesla’s CEO and told the company’s annual shareholders meeting that the electric car and solar panel company would start doing some advertising. “Say it ain’t so,” one shareholder asked Musk about stepping down as Tesla’s leader. “It ain’t...

DETROIT — Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash. The recall covers certain F-250, F-350, F-450, and F-550 Super Duty trucks from the 2016 model year. The company says dust can accumulate in a cable...

Mixing condiments is getting easier with a digital customizable sauce dispenser unveiled Wednesday by Kraft Heinz Company. The Heinz Remix machine can create more than 200 potential sauce combinations through a touchscreen that allows consumers to select from a range of flavors and intensities. The base sauces are Heinz Ketchup,...

NEW YORK — Most taxpayers are interested in filing their taxes directly to the IRS for free, a new report says, and that option will be tested next year. The IRS has spent the past nine months studying whether U.S. taxpayers want to see a free, e-filing system run by...

CHEYENNE, Wyo. — Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark. Too many businesses and others refer to “Taco Tuesday” for Taco John’s to be able to have exclusive rights...

A Brooklyn-based company said it hopes to build a steel plant for the 21st century at the former site of a J&L Steel facility in Aliquippa. On Tuesday morning, with a stage covered in red fabric backed by a structure displaying photos and videos of the history of 72 Steel,...

CHARLESTON, W.Va. — A controversial and long-delayed natural gas pipeline got the green light for construction on national forest land in Virginia and West Virginia after the U.S. Forest Service reissued its approval for a permit, despite past federal appeals court rulings determining developers had “inadequately considered” the project’s environmental...

NEW YORK — Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures. A bump up in demand for new cars also helped results, according to the Commerce Department report issued Tuesday. Retail sales increased 0.4% in April from March...

Some people love stocks that are surging. Others love stocks that have been knocked down. Investors pay less attention to stocks that have been holding still, and therein may lie an opportunity. Some of these Do Nothing stocks may just … well, do something. Hence, my Do Nothing Club. It...

Alcoa inked a multi-year agreement for the Pittsburgh-based company to supply Emirates Global Aluminum with smelter grade alumina. The 8-year agreement, which begins in 2024, will allow EGA to procure as much as 15.6 million metric tons of alumina from Western Australia. The deal will represent a significant portion of...

The Hill District Federal Credit Union received a $1.1 million investment from F.N.B. Corporation, the holding company of First National Bank, with the goal of boosting financial services to the neighborhood. Pittsburgh-based FNB is building its headquarters in Lower Hill. Construction on the FNB Financial Center began in September 2021...

Less than two months into his $44 billion purchase of Twitter, Elon Musk declared that whoever took over as the company’s CEO “must like pain a lot.” Then he promised he’d step down as soon as he found a replacement “foolish enough” to want the job. That person, Musk announced...

WASHINGTON — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief business and country officer just last month. Vale worked at...

NEW YORK — Elon Musk cannot back out of a settlement with securities regulators that was reached after his 2018 tweets claiming he had secured funding to take Tesla private caused the electric vehicle maker’s share price to jump and led to a temporary halt in trading, an appeals court...