Business category, Page 106

Bucco fever is contagious, and the wins on the field don’t just mean good numbers in the standings. Those wins can add up off the field, too — in terms of dollars. According to the Pirates official retail partner Fanatics, which handles both in-venue retail and e-commerce for the team,...

American Airlines recorded a first-quarter profit for the first time in four years, CEO Robert Isom told investors Thursday. The Fort Worth carrier produced a record $12.2 billion revenue, a 37% year-over-year increase. The bulk of that came from passenger revenue at $11.1 billion. “American is off to a fantastic...

DALLAS — Southwest Airlines lost $159 million in the first quarter as it felt aftershocks from the December meltdown that caused thousands of canceled flights. The airline said Thursday, however, that it made money in March and expects to be solidly profitable in the April-through-June quarter that includes the start...

SHENMU, China — China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by the National Energy Administration to bolster output and stem frequent accidents and collapses. Smart-mine sensors monitor aspects such as gas buildup and flooding or ventilation levels,...

WASHINGTON — Twitter accounts operated by authoritarian governments in Russia, China and Iran are benefiting from recent changes at the social media company, researchers said this week, making it easier for them to attract new followers and broadcast propaganda and disinformation to a larger audience. The platform is no longer...

TRAVERSE CITY, Mich. — A company that tears down closed nuclear power plants wants to do in Michigan what has never been done in the U.S.: restore a dead one to life. Holtec Decommissioning International bought the Palisades Nuclear Generating Station last June for the stated purpose of dismantling it,...

OMAHA, Neb. — Norfolk Southern expects February’s fiery Ohio derailment to cost it $387 million, but that total will likely increase over time and that doesn’t reflect how much the railroad’s insurance companies will eventually cover. The railroad provided a detailed estimate of the cost of Feb. 3 derailment outside...

Microsoft Corp.’s $69 billion takeover of Activision Blizzard Inc. suffered a hammer blow after Britain’s antitrust watchdog vetoed the gaming industry’s biggest ever deal saying it would harm competition in cloud gaming, in a move that could set the tone for the world’s biggest regulators. The Competition and Markets Authority...

SAN FRANCISCO — I won’t forget the first time I took a ride in a car without anyone sitting in the driver’s seat. It happened one night last September when a Chevy Bolt named Peaches picked me up outside a San Francisco bar. Our ensuing half-hour ride together produced, at...

Bud Light may have fumbled its attempt to broaden its customer base by partnering with a transgender influencer. But experts say inclusive marketing is simply good business — and it’s here to stay. “A few years from now, we will look back on this ‘controversy’ with the same embarrassment that...

Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households. The Conference Board reported Tuesday that its consumer confidence index fell to 101.3 in April from 104 in March. It’s the third time in four months that overall U.S. consumer confidence...

Open office space in the Pittsburgh region is high and was still ticking upward during the first quarter of this year. Total vacancies reached a record high of nearly 22% during the first three months of the year, according to a quarterly report by real estate firm Jones Lang LaSalle,...

I was 10-weeks pregnant and craving pizza while on vacation in Germany. We picked a well-reviewed restaurant, only to be told that no tables would be available that night. My husband, who meant well, suggested we try our luck at a different restaurant a few doors down. But it didn’t...

DETROIT — General Motors and South Korea’s Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said Tuesday. They did not announce the intended location of the new factory, which is expected to begin operations in...

NEW YORK — Depositors at First Republic Bank pulled more than $100 billion out of the bank during last month’s crisis, as fears swirled that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. San Francisco-based First Republic said Monday that...

NBCUniversal Chief Executive Jeff Shell’s sudden departure followed an investigation into a sexual harassment complaint made against him by a longtime CNBC correspondent, the woman’s attorney said. The 41-year-old journalist, Hadley Gamble, has been a Middle East correspondent and anchor for the NBCUniversal-owned financial news network for nearly a decade....

At Deeplocal’s offices in Sharpsburg stands a grandfather clock, wrapped in vines and otherworldly fragments from the Upside Down — another dimension that’s featured in the Netflix hit “Stranger Things.” The design firm created the 3D model, which mysteriously appeared on a street in Santa Monica, Calif., to count down...

NEW YORK — Moving your savings around by opening a new account and closing an old one can seem like a hassle. But it’s a use of time that can pay off. After years of paying low rates for savers, banks are finally offering better interest on deposits. Though the...

SAN FRANCISCO — Celebrities and other high-profile Twitter users are once again being verified by the social media platform and they don’t know why the blue check marks reappeared — nor do they seem too happy about it. Twitter removed the blue marks last week from accounts that don’t pay...

CHICAGO — Twitter has long been a way for people to keep track of tornado watches, train delays, news alerts or the latest crime warnings from their local police department. But when the Elon Musk-owned platform started stripping blue verification check marks this week from accounts that don’t pay a...

SAN FRANCISCO — Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with a eye of driving down costs to help bring its fares more in line with its biggest rival, Uber. Risher, a former Amazon executive, informed...

A new president has been named to lead Allegheny Valley Hospital in Harrison. Allegheny Health Network tapped Dr. Mark Rubino to head the campus. Rubino is the president of Forbes Hospital in Monroeville. He will maintain that responsibility as he also leads the 188-bed acute care hospital in the Natrona...

OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety in the wake of several high-profile derailments and hire more workers. The 12 unions that represent all of the more than 100,000...