Business category, Page 55
GM adds over 132,000 heavy duty pickups to recall for tailgates that can open unexpectedly
DETROIT — General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park. The recall adds certain 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 trucks to...
Sewickley-based Custos IQ recognized for excellence in cybersecurity
A Sewickley-based cybersecurity business has been recognized for excellence as a start-up company. Custos IQ was named a 2024 Tech 50 finalist in the start-up company culture category by the Pittsburgh Technology Council from Intersections of Possibility. Co-owners Robert Ragan Jr. and Isabelle Syring work with a small team of...
Small business owners brace for Trump’s proposed tariffs
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office. Trump has proposed importers pay a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China,...
Dick’s to bring House of Sport concept to Westmoreland Mall
A Dick’s House of Sport planned for the vacant Sears spot at Westmoreland Mall would be the second House of Sport concept store in the Pittsburgh region. It also follows a trend as malls evolve to remain relevant in the wake of the collapse of former retail giants like Sears....
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk
DOVER, Del. — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the...
General Motors to sell its stake in Michigan battery factory to LG Energy Solution
DETROIT — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan. The company said Monday that it has a nonbinding agreement for the sale to joint venture partner LG Energy Solution of South Korea. The companies expect to...
Cyber Monday shoppers expected to set record on the year’s biggest day for online shopping
Consumers in the United States are scouring the internet for online deals as they look to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined...
Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales
NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands such as Jeep and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board accepted Tavares’ resignation on Sunday....
Southwest Airlines says it is ending cabin service earlier to reduce chance of injury
Southwest Airlines says it is ending its cabin service earlier on its flights starting next month. Beginning on Dec. 4, a company spokesperson said, flight attendants will begin preparing the cabin for landing at an altitude of 18,000 feet (5,486 meters) instead of 10,000 feet (3,048 meters). The change in...
Former Meier & Sons Hardware building to get 2 new tenants
John Meier & Sons Hardware in Murrysville was filled with tools from 1953 until its closing in 2022. Soon, it will be filled with tools for self-defense and improved physical performance. The Murrysville branch of ATA Martial Arts, and Gallagher Performance will be the new tenants following a building-wide remodel...
Brown Mamas Marketplace a way to support Black women on Small Business Saturday
Muffy Mendoza, founder of Brown Mamas, Inc. and the Brown Mamas Marketplace, is excited about the next iteration of the marketplace on Saturday. It is no coincidence that the event aligns with Small Business Saturday, kicking off the holiday shopping season by supporting Black women. She started Brown Mamas in...
Avocados, tequila, other iconic Mexican products jeopardized by Trump’s tariff threats
URUAPAN, Mexico — Mexicans are worried that threats by Donald Trump to impose 25% tariffs could affect a wide range of iconic Mexican products and threaten entire regional economies. In western Mexico, no crop supplies an income for so many small growers as avocados. But avocado growers, pickers and packers...
Why retailers still see Black Friday as the high point of the holiday shopping season
NEW YORK — After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it’s lost some luster. Department stores, shopping...
‘A hand up’: SSA grad partners with celebrity chef to continue vet-run food truck program
The death of a friend who struggled to find the resources to start a culinary business inspired Lt. Cmdr. Jordan J. Foley to create a food truck program. His late friend was a classmate at the U.S. Naval Academy in Annapolis, Md. “My friend didn’t have the support network to...
U.S. inflation gauge ticks higher with price pressures still stubborn
WASHINGTON — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is...
Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows. Jobless claim applications fell by 2,000 to 213,000 for the week of Nov. 23, the Labor Department reported Wednesday. The previous week’s level was revised up by 2,000 from 213,000, to 215,000. However, continuing claims,...
Westmoreland chamber looking along Route 30 for potential convention center location
The Westmoreland County Chamber of Commerce plans to study the potential for a convention center and hotel in the county. “As we look at regrowing Westmoreland County, this is just one of many items where we’re looking to spur new economic growth,” said chamber President and CEO Dan DeBone. “We’re...
John Dorfman: Pfizer, Schlumberger are January Bounce candidates
Stocks that struggle during the first 10 months of the year often fall further during November and December, as some investors sell to realize a tax loss. Once the tax-motivated selling subsides, such stocks frequently bounce back in January. Each year, I offer a few January bounce candidates — ones...
Canadian cannabis company buying up American brewers
A Canadian cannabis company is tapping into a flailing American industry: craft beer. The cannabis company has purchased multiple United States craft breweries, thus becoming the fifth-largest craft brewer in the U.S. as a result. According to The Wall Street Journal, Tilray Brands has purchased a total of 18 craft...
Record number of travelers expected to take to skies, roads over Thanksgiving holidayVideo
Annette Santilli was pleasantly surprised when she arrived at Pittsburgh International Airport early Tuesday. With some forecasts calling for a record number of travelers over the Thanksgiving holiday, Santilli, 62, of Clarksburg, W.Va., had expected to see long lines at the Findlay airport. Instead, Santilli and her 20-year-old daughter, Stephanie...
What stores are open on Thanksgiving?
The National Retail Federation believes 34.3 million Americans may spend part of Thanksgiving shopping. Those in Southwestern Pennsylvania who choose to make purchases in person instead of online will find options limited, as many major retailers are planning to keep their doors closed on Thanksgiving Day. That includes Target, Walmart,...
What Black Friday’s history tells us about holiday shopping in 2024
NEW YORK — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the midnight mall crowds or doorbuster mayhem of recent decades, in large part due to the ease...
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
DETROIT — If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks,...
Renee Piatt creates and curates a collection of jewelry to empower women
For Renee Piatt, seeing earrings, necklaces, bracelets or rings from her collection on another woman is about more than noticing sparkling pieces of jewelry — it’s about a deeper shine. “I want to empower women with my jewelry,” said Piatt, founder of the Renee Piatt Collection. “When she walks into...
Walmart becomes latest — and biggest — company to roll back its DEI policies
NEW YORK — Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists. The changes, confirmed by Walmart on Monday, are sweeping and include everything from not...
