Business category, Page 67
With U.S. vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%
DETROIT — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago. And GM Chief Financial Officer Paul Jacobson said he doesn’t see his company cutting prices very...
Judge orders Comprehensive Healthcare to pay nearly $36M for labor violations
A federal judge on Monday ordered an embattled nursing home corporation to pay nearly $36 million in back wages and penalties after finding that Comprehensive Healthcare Management Services violated U.S. labor laws. U.S. District Judge William Stickman IV ordered the company, which operated 15 nursing homes in Western Pennsylvania, to...
Warner Bros. Discovery informs NBA it will match Amazon Prime Video’s offer to carry games
Turner Sports intends to continue its longtime relationship with the NBA. Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video. Turner has had an NBA package since 1984 and games have been on TNT since the network launched...
Cleveland-Cliffs will make electrical transformers at shuttered West Virginia tin plant
CHARLESTON, W.Va. — Cleveland-Cliffs announced Monday it will produce electrical transformers in a $150 million investment at a West Virginia facility that closed earlier this year. The company hopes to reopen the Weirton facility in early 2026 and “address the critical shortage of distribution transformers that is stifling economic growth...
CrowdStrike CEO called to testify to Congress over cybersecurity’s firm role in global tech outage
AUSTIN, Tex. — U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify to Congress about the cybersecurity company’s role in sparking the widespread tech outage that grounded flights, knocked banks and hospital systems offline and affected services around the world. CrowdStrike said this week a “significant number”...
U.S. investigates some Jeep and Ram vehicles after getting complaints of abrupt engine stalling
DETROIT — U.S. auto safety regulators are investigating complaints that some Ram pickup trucks and Jeep Wagoneer SUVs can lose power, shift into park and apply the emergency brake. The probe announced Monday by the National Highway Traffic Safety Administration covers about 150,000 vehicles made by Stellantis from the 2022...
Delta Air Lines says cancellations continue as it tries to restore operations after tech outage
NEW YORK — Airlines, including Delta Air Lines, continued to struggle to restore operations two days after a faulty software update caused technological havoc worldwide and resulted in several carriers grounding flights. According to the latest data from FlightAware, there were 1,461 total cancellations within, into, or out of the...
Tropical Bungalow celebrates 2 years of connecting kids, customers
When visitors at Tropical Bungalow pick up their burgers, fries and ice cream, the employees who serve them are getting more than just a paycheck. At least, that’s owner Sydney Papinchak’s goal. The restaurant along Route 30 in Hempfield has been home to 12 employees. For most of them, working...
Rivers Casino workers, fearful of gambling on health, rally behind effort to ban smoking
Alicia Monahan blames secondhand smoke for two fainting episodes she experienced while working at Rivers Casino on Pittsburgh’s North Shore. The table games dealer said she’s otherwise healthy but sometimes feels the effects of the smoke getting to her. Since she started working at the casino in 2019, she collapsed...
All in the family: 4th-generation employee retires after more than 4 decades working at Peoples Natural Gas
Craig Wyke’s first job at Peoples Natural Gas was in the delinquent accounts department. “I had to inform people their gas was about to be turned off,” said Wyke, who grew up in Penn Hills and lives in West Deer, as he recalled his more than 40-year career with the...
Amazon says this year’s Prime Day was its biggest ever
NEW YORK — Amazon saw record sales for Prime Day this week as Prime members purchased more items than ever before, the company announced Thursday. The Seattle e-commerce giant, which does not disclose how much it earns during the popular discount event, also said “millions” of customers joined Prime in...
More Americans apply for jobless benefits as layoffs settle at higher levels in recent weeks
U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level that the Federal Reserve has been aiming for. Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the...
The last cards have been dealt as the iconic Mirage closes its doors on the Las Vegas Strip
LAS VEGAS — A final blast from The Mirage’s signature volcano marked the passage Wednesday of an aging Las Vegas resort that wowed crowds when it opened in 1989 and went on to revolutionize the casino resort industry and reshape Las Vegas as a tourist destination. “What would The Mirage...
Amtrak raises prices on Northeast Corridor multi-ride tickets
Owen Sahnow, who works at the Delaware Theatre Company, wonders how he’ll commute in the future from Philadelphia to Wilmington now that Amtrak is raising the price of his monthly pass by nearly 70%. He moved to Philadelphia last year for his partner’s work and has been taking a trolley...
NASA cancels Pittsburgh company’s moon rover mission, citing cost overruns and launch delays
WASHINGTON — NASA said Wednesday it’s canceling its water-seeking moon rover, citing cost overruns and launch delays. The Viper rover was supposed to launch in late 2023 aboard a lander provided by Astrobotic Technology, but extra testing and increased costs kept delaying the mission, threatening other projects, the space agency...
Ross dry cleaner plans full transition to delivery
A long-standing business soon will be gone, at least from its Ross location. Duro Cleaners has been a McKnight Road fixture since Dwayne Trimble started offering dry-cleaning services, and it continued after O’Hara resident Joe Ferrante became the owner in 2017. “The customers were great. They’ve always been great here....
United Airlines Q2 profit rises to $1.32B as travel demand offsets rising costs
United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S. airports helped the carrier overcome sharply rising costs for fuel and labor. However, United warned that third-quarter results will fall short of Wall Street expectations. Like rival Delta Air Lines, United...
John Deere ends support of ‘social or cultural awareness’ events, distances from DEI
NEW YORK — Farm equipment maker John Deere says it will no longer sponsor “social or cultural awareness” events, becoming the latest major U.S. company to distance itself from diversity and inclusion measures after being targeted by conservative backlash. In a statement posted Tuesday to social media platform X, John...
Amazon Prime Day a big event for scammers, experts warn
NEW YORK — Amazon Prime Day is here, and experts are reminding consumers to be wary of scams. Deceptions such as phony emails from people impersonating online retailers like Amazon are nothing new. But phishing attempts increase amid the heavy spending seen during significant sales events, whether it’s Black Friday...
5 years into Amazon’s Climate Pledge, workers challenge its progress
Five years after Amazon committed to an ambitious climate goal, the company says it is making progress on reducing emissions, but critics allege those calculations are misleading. In its annual sustainability report, released this month, Amazon said carbon emissions dropped 3% last year, largely because of its sizable investment in...
John Dorfman: Pilgrims Pride, Wabash National look good on this ratio
Want to invest in a company that is better at generating sales than profits? On the surface, that sounds like a remarkably bad idea. But investing in a company that has robust revenues and skimpy profits can sometimes pay off. New management, new products or plain old cost cutting may...
Pittsburgh refugee nonprofit Hello Neighbor bids goodbye to NLRB charge with $198K settlement
A Pittsburgh nonprofit that provides services to refugees has settled a labor dispute with workers and agreed to pay nearly $200,000 in back pay and wage increases following a complaint filed last year. Hello Neighbor, based in the city’s Larimer neighborhood, faced charges of unfair labor practices in February 2023....
Amazon Prime Day is a major cause of injuries for warehouse workers, Senate review says
NEW YORK — Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers who pick and pack customer orders at the e-commerce giant’s facilities across the United States, according to a report released Tuesday by Sen. Bernie Sanders. The report, which draws information from...
Retail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy Retail sales were unchanged in June from May, after being revised upward to a 0.3% increase in May, according to the Commerce...
Macy’s ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing
Macy’s is terminating its monthslong buyout talks with two investment firms, citing a substandard offer and the lack of certainty over financing. In announcing the end of negotiations on Monday, Macy’s alleged that Arkhouse Management and Brigade Capital Management did not meet its request for information by a June 25...
