Business category, Page 110
Saying strike is ‘imminent,’ UPS gets a deadline from union to come up with a better contract
Frustrated by an “appalling counterproposal” earlier this week, the head of the union representing 340,000 UPS workers said a strike is imminent and gave the shipping giant a deadline on Friday to improve its offer. The International Brotherhood of Teamsters walked away from negotiations Wednesday, demanding that UPS give its...
Report: Shell’s ethane plant in Beaver County has not spurred growth
Shell’s massive petrochemical plant in Beaver County has yet to spur major economic growth in the region, according to a recent study by nonprofit research group. “Since 2012, when the project was first announced, the most recent economic data available show Beaver County has lagged both the state and the...
Sheetz expanding into Michigan, with planned store in Detroit area
Sheetz is heading West. The Altoona-based convenience store and gas station chain is slated to open its first store in Michigan — Romulus to be exact — in late 2024. “While it is too early in the development process to provide a timeline or location for any additional stores, our...
What is Bidenomics? President embraces moniker as campaign theme
Forty years ago, we had Reaganomics. Today, we’re hearing more and more about Bidenomics, a moniker that brands President Joe Biden’s efforts to grow the economy and jobs and fight inflation. Biden is leaning into the name as an early campaign theme of his reelection bid. But what exactly is...
AHN, Cigna ink 1-year contract, working on longer deal
Allegheny Health Network and Cigna Healthcare reached a deal on a one-year contract while the two organizations work over the next two weeks on a longer, multi-year agreement. The deal is meant to ensure that Cigna Healthcare customers will continue to have in-network access to the Pittsburgh-based health care system’s...
Applications for U.S. jobless benefits retreat after 3 weeks of elevated claims
Applications for unemployment benefits fell significantly last week after claims appeared to stabilize at modestly elevated levels in recent weeks. U.S. applications for jobless claims fell by 26,000 to 239,000 for the week ending June 24, the Labor Department reported Thursday. Economists were expecting the elevated claims numbers to continue...
National Geographic lays off all of its staff writers
National Geographic has laid off all its staff writers, leaving the venerable, award-winning magazine to be pieced together by editors and freelancers. In all, 19 editorial staffers were cut, including the small audio department at the magazine. They had been notified in April that the ax would fall, The Washington...
Fitzgerald takes county minimum wage increase to court
Allegheny County Executive Rich Fitzgerald is asking a court to weigh in on whether the executive’s office or council can determine wages for public employees. The move follows a vote by county council last week that overrode Fitzgerald’s veto of an ordinance that would raise the minimum wage for county...
234-apartment development proposed for Strip District
Pittsburgh’s Planning Commission is considering a proposal to bring more than 200 new apartments to the city’s Strip District. The proposed development would include two new six-story apartment buildings, each with vehicle and bicycle parking and amenities. One building would be on Smallman Street and the other would be on...
Your DoorDash driver? He’s the company’s co-founder
SAN FRANCISCO — On a recent afternoon in San Francisco, a DoorDash driver was circling the neighborhood — first in his car, then on foot — trying to find the restaurant where he needed to pick up two orders. Finally, he Googled the location and realized DoorDash’s app sent him...
UPMC Children’s Hospital of Pittsburgh looks to expand in Lawrenceville
UPMC Children’s Hospital of Pittsburgh is looking to build an addition at its Lawrenceville campus to house its growing Heart Institute. Hospital leaders presented plans Tuesday to the city’s Planning Commission that showed a 50,000-square-foot addition atop an existing parking structure. Diane Hupp, the hospital’s president, said the new addition...
Home prices recover further as buyers battle for tight supply of listings
Home prices in the U.S. rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. A national gauge of prices increased 0.5% in April from March, according to seasonally adjusted data from S&P CoreLogic Case-Shiller. The U.S. is in what’s traditionally its...
Truck startup Lordstown files for bankruptcy after Foxconn deal falls through
Lordstown Motors Corp. shares plummeted after the electric-vehicle maker once hailed by former President Donald Trump for saving automaking jobs filed for bankruptcy. The move to seek Chapter 11 protection from creditors follows a protracted dispute with iPhone maker Foxconn Technology Group over a deal to make pickup trucks for...
Ford cutting several hundred white-collar jobs to reduce cost amid transition to electric cars
DEARBORN, Mich. — Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles. The company confirmed Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being...
U.S. consumer confidence jumps to highest level since early 2022
WASHINGTON — The American consumer’s confidence jumped in June to its highest level in 18 months as a strong labor market continues to buoy the U.S. economy. The Conference Board reported Tuesday that its consumer confidence index rose to 109.7 in June from 102.5 in May. That’s the highest the...
Lordstown Motors files for Chapter 11 bankruptcy protection
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at...
Breeze Airways adds low-cost flights from Pittsburgh to Tampa
One of the newest airlines operating out of Pittsburgh International Airport plans to add flights to Tampa early this fall. Breeze Airways, which launched service in Pittsburgh in July 2021, announced that it will begin offering nonstop flights between Pittsburgh and Tampa International on Oct. 5. Round-trip flights will be...
Amazon is investing another $7.8B in Ohio-based cloud computing operations
COLUMBUS, Ohio — Amazon’s profitable cloud business will invest roughly $7.8 billion by the end of 2029 to expand its data center operations in central Ohio, state leaders announced Monday, further advancing the state’s efforts to establish itself as the Midwest’s technology hub. The new investments by Amazon Web Services,...
Safety, oversight concerns raised as Pa. lawmakers pursue billions for hydrogen hubs
Spotlight PA is an independent, nonpartisan newsroom powered by The Philadelphia Inquirer in partnership with PennLive/The Patriot-News, TribLIVE/Pittsburgh Tribune-Review, and WITF Public Media. Sign up for our free newsletters. HARRISBURG — The Pennsylvania Senate is weighing a measure that would give state regulators, rather than federal ones, the power to...
Honda recalls nearly 1.2M vehicles because of faulty rear camera image
DETROIT — Honda is recalling nearly 1.2 million vehicles in the U.S. because the rear view camera image may not appear on the dashboard screen. The recall covers certain Odyssey minivans from 2018 to 2023, as well as Pilot SUVs from 2019 to 2022 and Passport SUVs from 2019 to...
Tech billionaires’ cage match? Musk throws down the gauntlet and Zuckerberg accepts challenge
WASHINGTON — Elon Musk and Mark Zuckerberg are ready to fight, offline. In a now-viral back-and-forth seen on Twitter and Instagram this week, the two tech billionaires seemingly agreed to a “cage match” face off. It all started when Musk, who owns Twitter, responded to a tweet about Meta reportedly...
Programming changes could be coming to WESA, WYEP radio during ‘challenging times’
Pittsburgh Community Broadcasting Corporation plans to offer voluntary buyouts to two of its reporters and programming changes could be forthcoming along with staffing adjustments. PCBC owns WESA-FM, the local NPR affiliate, and WYEP. The employees are represented by SAG-AFTRA, a national union for broadcasters. In a letter sent to members,...
Amazon is accused of enrolling consumers into Prime without consent
NEW YORK — Amazon was sued Wednesday by Federal Trade Commission for what it called a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions. In a complaint filed in the U.S. District Court for the Western District...
Sheetz eyes new store location on Greensburg’s East Pittsburgh Street
Greensburg soon could have another Sheetz store. The Altoona-based company is proposing to build a new convenience store and gas station at 770 E. Pittsburgh St., near the intersection of Humphrey Road at the city’s eastern border. The city zoning hearing board on Wednesday is expected to consider a request...
West Virginia cash-for-worker program adds 5th destination
CHARLESTON — A program offering cash and free outdoor adventures to remote workers to move to West Virginia with the hope of offsetting population losses has added a fifth destination where out-of-state workers can apply to live. The public-private program Ascend West Virginia said Tuesday that applications are being accepted...
