Business category, Page 7
Cloudflare outage disrupts ChatGPT, X, other internet services
A widely used Internet infrastructure company said that it has largely resolved an issue that led to outages impacting users of everything from ChatGPT and the online game, “League of Legends,” to the New Jersey Transit system to even TribLive’s own site early Tuesday. At 10:40 a.m., Cloudflare said its...
Expert says 50-year mortgage proposal would be a ‘generational debt’ trap
To address mounting concerns about housing affordability, President Donald Trump recently floated the prospect of a 50-year mortgage, days after several key election contests that centered on cost-of-living issues. “All it means is you pay less per month,” Trump said in an interview last week. Yet the president’s idea is...
Three Dog Bakery in Sewickley offers treats and more for furry friends
The door opens and in walks Bentley. He goes directly behind the counter … and waits. “Bentley knows where the treats are,” said Lee Ann Carey, owner of Three Dog Bakery in Sewickley. “Dogs will be on the sidewalk a few stores away and they just know where this shop...
Trump hails McDonald’s Extra Value Meals in affordability pitch
WASHINGTON — President Donald Trump argued his administration was making process on lowering prices as he faces new political headwinds, pushing back on criticism from Democrats who blame his tariffs for high costs. Trump touted economic policies he said have drawn trillions in new investments to fuel private-sector job growth...
Aficionados fret as Trump moves to make pasta great againVideo
PHILADELPHIA — Steel: 50%. Copper: 50%. Cars: up to 25%. But an even bigger Trump-era levy looms: 107 % on Italian pasta. Mamma mia. It started with the U.S. Commerce Department launching what it says was a routine antidumping review, based on allegations Italian pasta makers sold product into the...
New analysis shows more U.S. consumers are falling behind on their utility bills
WASHINGTON — More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data — a warning sign for the U.S. economy and another political headache for President Donald Trump. Past due balances to utility companies...
Striking Post-Gazette workers send company return-to-work offer
Pittsburgh Post-Gazette strikers on Monday offered to return to work — a move that could signal the end of their lengthy strike. The strikers offered to return to work on Nov. 24 at the Post-Gazette’s North Shore office, the Newspaper Guild of Pittsburgh said. Their return-to-work offer asked the company...
Ford Motor shows off new high-tech HQ
DEARBORN, Mich. — Ford Motor Co.’s new headquarters, the carmaker’s first central office switch since Dwight Eisenhower was president, is double the size of its old one with room for twice as many employees. The new HQ has seven restaurants as part of a 160,000-square-foot (14,864 square-meter) food hall, office...
Are buy now, pay later options worth it? Western Pa. weighs in
It’s hard to miss the buy now, pay later options becoming more common on the checkout pages of online stores, both large retailers like Amazon and Walmart, and small local businesses. Buy now, pay later is exactly what it sounds like. Similar to layaway programs, buy now, pay later sites...
Disney reaches new deal with YouTube TV, ending dayslong blackout for customers
Disney and YouTube TV reached a new deal to bring channels like ABC and ESPN back to the Google-owned live streaming platform Friday, ending a blackout for customers that dragged on for about two weeks. “As part of the new deal, Disney’s full suite of networks and stations — including...
Aldi to open next week in Pittsburgh’s Banksville neighborhood
A new Aldi grocery store will open in Pittsburgh’s Banksville neighborhood next week. It’s located at a site that formerly housed a Staples on Banksville Road, near the intersection with Wenzell Avenue and Carnahan Road. The area’s newest Aldi will launch with a grand opening on Thursday at 8:45 a.m....
Switzerland to boost U.S. investment as deal struck to lower U.S. tariffs on Swiss goods to 15%
GENEVA — Switzerland announced plans on Friday to invest $200 billion in the United States through 2028 as it finalized a hard-wrought deal to slash U.S. tariffs on Swiss goods. Economy Minister Guy Parmelin said the Trump administration has agreed to cut U.S. tariffs on most Swiss goods to 15%...
Opioid settlement with OxyContin maker Purdue and Sackler family could end years of legal battles
NEW YORK — Lawyers representing OxyContin maker Purdue Pharma, branches of the Sackler family that own it, cities, states, counties, Native American tribes, people with addiction and others across the U.S. delivered a nearly unanimous message for a bankruptcy court judge Friday: Approve a plan to settle thousands of opioid-related...
Top 1% pay over a third of Pennsylvania’s personal income taxes
The wealthiest households in Pennsylvania are carrying over a third of the state’s personal income tax burden, according to a new study. The top 1% now pay 35.09% of all personal income taxes collected in the Keystone State, the study by finance company SmartAsset found, which examined the latest IRS...
Doritos and Cheetos dial back the bright orange in new versions without artificial ingredients
Doritos and Cheetos are getting a makeover. PepsiCo said Thursday it’s launching toned-down versions of its bright orange snacks that won’t have any artificial colors or flavors. Doritos and Cheetos Simply NKD will hit store shelves on Dec. 1. It’s part of a broader shift underway at PepsiCo, which announced...
Starbucks union baristas to walk out in 40 cities in push for contract talks
More than 1,000 Starbucks unionized baristas in over 40 U.S. cities launched an open-ended strike on Thursday, the union said, escalating their push for a collective bargaining agreement over pay and other benefits at the coffee giant. The walkout, which the union said will begin with 65 stores, coincides with...
Shady Ave Magazine to change ownership
Shady Ave Magazine, the highly regarded Pittsburgh-based lifestyle publication, has been acquired by Table Media Inc., officials announced Wednesday. Table Media is buying the publication from Trib Total Media, which has produced the magazine since May 2022. The transition to new ownership is expected to be completed by Dec. 1,...
Costco looks to sell beer and wine at Cranberry store — a 1st in Pa.
Costco wants to break into the beer and wine business in Pennsylvania, starting with its Cranberry location. The bulk goods retailer has a pending application with the Pa. Liquor Control Board that, if successful, would enable it to sell limited amounts of alcohol. In states and stores where allowed, Costco...
Fed to cut rates again in December on weakening job market, say most economists: Reuters poll
BENGALURU — The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor market, according to 80% of economists polled by Reuters, up slightly from a poll taken last month. That strengthening resolve contrasts with the clear disagreement among...
Explainer: Does Trump have a defamation case against the BBC?
President Donald Trump has threatened to sue the BBC for at least $1 billion over its airing of what he says was a deceptively edited documentary, but the case could hinge on whether anyone in Florida watched it online and felt misled. If that hurdle is cleared, a U.S. court...
John Dorfman: Conagra, Beazer Homes look good based on book value
A classic stock-picking technique that has fallen into disuse is the price-to-book-value ratio. Ben Graham, widely considered the father of value investing, liked stocks selling “below book.” I still do, although they are rarer today than they were in Graham’s Day. Book value is a company’s net worth — its...
Paramount Skydance to invest over $1.5 billion in programming next year; shares jump
LOS ANGELES — Paramount Skydance said it will make incremental programming investments of more than $1.5 billion next year to grow its streaming video business and revitalize its film studio, as it delivered its first quarterly results since the completion of the $8.4 billion merger. The company projected total revenue...
Target has a new ’10-4 policy.’ Here’s what that means
Target customers will soon see more smiles and maybe even exchange more pleasantries with employees, thanks to a new staff policy the retailer has implemented, the company said. The new policy requires employees who are within 10 feet of customers to smile, make eye contact, wave, and use friendly, approachable,...
Wendy’s to close hundreds of U.S. stores in bid to halt falling profit
Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit and make its remaining stores more appealing. The Dublin, Ohio-based chain said during a conference call with investors last week that it planned to begin closing restaurants in the fourth quarter...
Appellate court panel sides with striking Post-Gazette workers; PG will appeal decision
A federal appeals court panel on Monday ruled in favor of striking journalists at the Pittsburgh Post-Gazette, possibly heralding an end to a long and bitter labor dispute that led newspaper staffers to walk the picket line for more than three years. The decision by three judges on the U.S....
