Business category, Page 141

LOCKPORT, N.Y. — For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York. That changed in 2018 when corporate owners took over the 65-year-old park located amid farmland and down the road from a fast food joint...

NEW YORK — Amazon will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services. The Seattle-based e-commerce giant said Thursday it is buying One Medical for $18 per share cash. Its one of Amazon’s...

In my experience, stocks that display both growth and value characteristics are often promising stocks to hold. Right now, I believe that Berkshire Hathaway Inc. (BRK.B), Applied Materials Inc. (AMAT), Regeneron Pharmaceuticals Inc. (REGN) and Laboratory Corp. of America Holdings (LH) fit the bill. Should you buy these stocks now,...

On an artist’s palette, black and gold don’t make green. But during the Pittsburgh Steelers training camp near Latrobe, they do make green — and a lot of it. Area businesses are anticipating an economic boost in the coming weeks as the Steelers return to Saint Vincent College in Unity...

HARARE, Zimbabwe — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was announced Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in the...

FRANKFORT, Ky. — Gov. Andy Beshear made a pitch Thursday to a steel company that took over plans to build an aluminum plant once promised to Kentucky, hoping to salvage a deal struck by his predecessor. Beshear said his economic development team has reached out to Steel Dynamics Inc., offering...

MENLO PARK, Calif. — Facebook is rolling out an update that enables its 2 billion daily users to more easily view their friends’ posts in chronological order. The new feature is the company’s latest attempt to keep people coming back to its social network amid intensifying competition with its trendier...

The popularity of sci-fi series “Stranger Things” helped Netflix fight back against a stream of subscriber cancellations. The Los Gatos, Calif.-based streamer said Tuesday that it lost 970,000 subscribers in the quarter, marking the second consecutive quarter of subscriber declines. Nonetheless, the drop was not nearly as bad as the...

Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products. The Seattle-based e-commerce giant said in a statement posted on its website Tuesday the Facebook groups were set up to recruit people “willing to...

Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it. “Delay threatens irreparable harm,” said Chancellor...

As Elon Musk’s imbroglio with Twitter moves from the boardroom to the courtroom, one might expect that, under the watchful eye of Delaware’s Court of Chancery, things will take on a more predictable trajectory than they have so far. In theory, the lawsuit that the social media platform launched Tuesday...

Stock-market bargain hunters are a little like baseball scouts, trying to find talent that other teams have overlooked. A scout might find a pitcher who is wild (walks a lot of batters) but has a thunderbolt of a fastball. An investor might find a stock with a low price relative...

NEW YORK — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S. retail sales rose 1% in June, from a...

Altmeyer’s, a family-owned retail home goods chain that started in the basement of a New Kensington tavern 81 years ago and grew to multiple locations in the region, has filed for bankruptcy. The company’s board of directors on Sunday, July 10, authorized its president, Robert Altmeyer, who is the grandson...

MINNEAPOLIS — When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund’s chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned. Harris, 62, has attended the funerals of 34 firefighters killed in the line of duty. He was already worried...

LOS ANGELES — Dominic Green signed out of work as he always did, exactly at 4:30 p.m. “Good afternoon everyone, my shift has ended,” the 28-year-old emailed from his desk in the living room of his Los Angeles apartment on a winter Wednesday afternoon. A remote contract worker, Dominic had...

Twitter appears to be returning for some users after experiencing an hourlong outage that affected both its app and website on Thursday. Individuals attempting to use the social media platform were met with a message saying “Tweets aren’t loading right now. Try again.” According to Downdetector, users began reporting the...

WASHINGTON — Inflation’s relentless surge didn’t merely persist in June. It accelerated. For the 12 months ending in June, the government’s consumer price index rocketed 9.1%, the fastest year-over-year jump since 1981. And that was nothing next to what energy prices did: Fueled by heavy demand and by Russia’s invasion...

Amazon has provided Ring doorbell footage to law enforcement 11 times this year without the user’s permission, a revelation that’s bound to raise more privacy and civil liberty concerns about its video-sharing agreements with police departments across the country. The disclosure came in a letter from the company that was...

Sharon Stritmatter heard rumors the Downtown Pittsburgh Target was open several days ahead of schedule. She stopped by Wednesday afternoon during her lunch break for confirmation. After buying a drink and a jumper, she said she would be visiting the store often because of its convenient location near her office....

WASHINGTON — U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively — trends that raise the risk of a recession. The government’s consumer price index soared 9.1%...

SAN FRANCISCO — Twitter sued Tesla CEO Elon Musk on Tuesday, trying to force him to complete his $44 billion takeover of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price. Back...