Business category, Page 90

U.S. Steel plans to test new technology to capture emissions at its Mon Valley Works in Allegheny County. The Pittsburgh steelmaker is partnering with the National Energy Technology Laboratory to use an “advanced membrane technology” to capture carbon dioxide emissions from the Edgar Thomson Plant in Braddock. The unit is...

Kraft Heinz said Tuesday it’s recalling more than 83,000 cases of individually-wrapped Kraft Singles American processed cheese slices because part of the wrapper could stick to the slice and become a choking hazard. The company, which is based in Chicago and Pittsburgh, said one of its wrapping machines developed a...

Gambling in August climbed over the prior year, with much of the haul for Pennsylvania taxpayers coming from online games. But the August total was a slight drop compared to revenue in July, according to the Pennsylvania Gaming Control Board. Gaming raked in $457.15 million in August, a year-over-year increase...

In 20 years of running the annual Short Sellers Don’t Have Horns short-selling contest, I’ve never had a winner request anonymity. Until now. The winner, whom I will call Sam, is a 22-year-old stock analyst who recently earned a master’s degree in finance from a college in the Boston area....

COLUMBUS, Ohio — The same Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically, under an agreement announced Monday between the state and Joby Aviation Inc. “When you’re talking about air taxis, that’s the future,” Republican...

An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments begin within 12 months of purchase. Now may be a good time for retirees to...

DALLAS — Car shoppers are heading for a new round of sticker shock if the strike by the United Auto Workers doesn’t end soon, particularly for popular vehicles that are already in short supply. The number of vehicles on dealer lots will shrink the longer the walkout goes on. Dealers...

TEMPE, Ariz. — Bethany Patton steps up to the counter and places her pink mug into a shoebox-sized dishwasher. It spins. It whirs. Water splashes inside. After 90 seconds, the door opens and steam emerges. A barista grabs the mug, dries it and prepares Patton’s order — a 16-ounce Starbucks...

DETROIT — About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay. Members of the United Auto Workers union began picketing at a General...

LOS ANGELES — This week the United States’ biggest newspaper chain posted to its site two unusual job listings: a Taylor Swift reporter and a Beyoncé Knowles-Carter reporter. Gannett, which owns more than 200 daily papers, will employ these new hires through USA Today and The Tennessean, the company’s Nashville-based...

LONDON — Bye, Lightning cable. Hello, USB-C. Apple is ditching its in-house iPhone charging plug and falling in line with the rest of the tech industry by adopting a more widely used connection standard. A big part of the reason is a European Union common charging rule that’s coming soon...

PARIS — French regulators ordered Apple to stop selling the iPhone 12, saying it emits electromagnetic radiation levels that are above European Union standards for exposure. The company disputed the findings and said the device complies with regulations. The French government agency that manages wireless communications frequencies issued the order...

WASHINGTON — A spike in gas prices pushed up inflation in August, yet most other costs rose at a more modest pace, evidence that price increases overall are still cooling. In a set of conflicting data released Wednesday, the Labor Department said the consumer price index rose 3.7% in August...

NEW YORK — Say goodbye to refilling that Coke. McDonald’s is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda machines at its U.S. restaurants by 2032, McDonald’s confirmed this week. It’s unclear if locations outside the U.S. will follow suit. In an email...

If you haven’t uttered them yourself, you’ve probably heard them spew from the mouths of co-workers or your boss. They are the most annoying business buzzwords for 2023. So what’s the most fingernail-on-blackboard phrase for workers? “New normal,” according to a survey conducted by Preply Business, a language learning platform...

Hostess, the maker of snack classics such as Twinkies and HoHos, is being sold to J.M. Smucker in a cash-and-stock deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock, and it will also pick...

NEW YORK — U.S. stocks are rising Monday as Wall Street recovers some of its losses from last week. The S&P 500 was 0.6% higher in afternoon trading, coming off its first losing week in the last three. The Dow Jones Industrial Average was up 90 points, or 0.3%, at...

The U.S. government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine that has become the internet’s main gateway. The legal attack will swing into full force Tuesday in a Washington D.C. federal courtroom that will serve as the battleground for the biggest U.S. antitrust...

No one wants to hear the word “fat.” But put it together with “profit margins,” and it doesn’t sound bad. Once a year, I feature in this column some stocks that boast unusually large profit margins. These can be a sign that a company has a unique product or is...

OMAHA, Neb. — Companies that have plants and facilities only served by one railroad may soon be able to get a bid from another railroad if their current service is bad enough under a new rule that was proposed Thursday to help boost competition. The U.S. Surface Transportation Board announced...

Almost a year after Argo AI closed its doors in Pittsburgh’s Strip District, the founders of that autonomous automobile startup have embarked on a new venture focusing on self-driving trucks. Called Stack AV, the firm plans to use self-driving technology to improve efficiency and enhance safety in the trucking industry....

LOS ANGELES — The average long-term U.S. mortgage rate fell again this week, but remains near the 22-year high it hit three weeks ago, little relief for house hunters facing persistently high prices and a near-historic low number of homes for sale. Mortgage buyer Freddie Mac said Thursday that the...