Business category, Page 114
Climate protesters dragged from Shell shareholder meeting as they rush stage
LONDON — Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors added pressure with a resolution demanding the global oil and gas giant beef up its emissions strategy. Shell Chairman Andrew Mackenzie could not start the meeting for...
Fake image of Pentagon explosion briefly sends jitters through stock market
An image of black smoke billowing next to a bureaucratic-looking building spread across social media Monday morning, with the claim that it showed an explosion near the Pentagon. The posts sent a brief shiver through the stock market and were quickly picked up by news outlets outside the U.S., before...
Millennial Money: How to pick a socially responsible bank
It has never been easier to open a bank account, especially with the spread of online services, but there has also never been so much choice about where to put your money. If you’re overwhelmed by your banking options, think about your ability to shape social change with your money....
California employees share what a 4-day work is really like
OAKLAND, California — It’s after noon on a recent Wednesday, and the kitchen and patio at ThredUp’s Oakland headquarters are packed. Employees are eating lunch and chatting around a long table in the kitchen. Smaller groups are clustered outside and enjoying a sunny spring day after weeks of rain. But...
Pittsburgh to get more nonstop flights to Los Angeles via Breeze Airways
Pittsburgh International Airport is getting more direct flights to Los Angeles International Airport because of a shift in service from Breeze Airways. The airport said Monday that Breeze, a low-cost carrier, is starting nonstop service between Pittsburgh and LAX starting Sept. 8. The move comes after Breeze will shift service...
TikTok files lawsuit to overturn Montana’s 1st-in-nation ban on the video sharing app
HELENA, Mont. — Social media company TikTok Inc. filed a lawsuit Monday seeking to overturn Montana’s first-in-the-nation ban on the video sharing app, arguing the law is an unconstitutional violation of free speech rights and is based on “unfounded speculation” that the Chinese government could access users’ data. The lawsuit...
Venmo to be officially available for teenagers
NEW YORK — Teenagers will officially be allowed to open a Venmo account with their parent’s permission, the company said Monday, expanding the popular social payments app to a age demographic that is likely to embrace it almost immediately. Using Venmo won’t necessarily be new to a good number of...
Meta fined $1.3 billion, ordered to stop sending European user data to U.S.
LONDON — The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. The penalty of 1.2 billion euros is the biggest since...
Laurelville Retreat Center launches capital campaign for $2.3M Gathering Place
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...
Fed Chair Powell hints at a pause in rate hikes when central bank meets next month
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...
Sheetz orders up more space in Pittsburgh’s Bakery Square
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...
Disney scraps plans for $1B Florida campus as fight with DeSantis continues
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...
Unions contend UPMC’s market dominance suppresses workers’ wages
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, billionaire real estate investor, dies
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 apply for jobless benefits, labor market still showing strength
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...
Oscar Mayer’s iconic Weinermobile gets a new name
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...
EPA rule would force clean-up of toxic coal ash dumped in landfills, ponds near power plants
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...
5 tips to tackle a home remodel in an uncertain economy
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...
Musk says he’s not stepping down as Tesla CEO
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...
Ford recalls 310,000 trucks to fix problem with airbags
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...
New Heinz machine will let users craft their own sauces
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,...
IRS moves forward with free e-filing system in pilot program to launch in 2024
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...
‘Taco Tuesday’ trademark tiff flares anew between fast food competitors
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...
Brooklyn steel company hopes to move forward with $218M project in Aliquippa
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,...
Mountain Valley Pipeline gets new permit to build in Appalachian national forest
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...
