Economy & Business

Homelessness
3:42 pm
Tue March 19, 2013

Allegheny County Grabs $13.1 Million to Fight Homelessness

Allegheny County has an additional $13 million to spend on trying to combat homelessness in the region.  The funds come from a U.S. Department of Housing & Urban Development (HUD) Continuum of Care grant. 

The county can use the funds to support housing and service programs including safe havens, transitional housing and permanent housing for persons with disabilities. Most of the money will be used to continue programs already being offered by the county, said Allegheny County Homeless Programs Administrator Chuck Keenan.

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Downtown Pittsburgh
12:25 pm
Tue March 19, 2013

PDP Says Downtown Pittsburgh Is On the Rise

Credit Noah Brode / 90.5 WESA

Local leaders in business and politics highlighted the recent successes of downtown Pittsburgh on Tuesday as the Pittsburgh Downtown Partnership (PDP) released its annual report for 2012.

For one, Pittsburgh mayor Luke Ravenstahl said he's happy with several new developments in the Golden Triangle, including a new skyscraper currently being built by PNC Bank and the revamped Market Square. He said some people were skeptical of the Market Square renovation at first.

"Now, they're (angry) that they can't get in for lunch or dinner," Ravenstahl said.

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Essential Pittsburgh
9:00 pm
Mon March 18, 2013

Lean In: Can Women Really Have It All?

Our Business Contributor, Rebecca Harris is the Director of Chatham University's Center for Women's Entrepreneurship
Credit Rebecca Harris / Chatham Center for Women's Entrepreneurship

Facebook COO Sheryl Sandberg has been on a media blitz since the release of her book Lean In: Women, Work and the Will to Lead. Our business contributor Rebecca Harris takes a look at the controversy surrounding Sheryl Sandberg. Can all women have it all? Or just the privileged?

Essential Pittsburgh
9:00 pm
Mon March 18, 2013

How Can Pittsburgh Be More Liveable?

Is Pittsburgh really the most livable city for everyone?
Credit Van Corey / Flickr

Pittsburgh has been on a number of lists praising its livability. However, a new regional study titled Pittsburgh Today & Tomorrow, finds city residents have a number of concerns when it comes to the quality of life. We'll discuss those concerns with Pittsburgh Quarterly publisher Doug Heuck and reporter Jeffery Fraser.

Redevelopment
2:02 pm
Mon March 18, 2013

Colteryahn Dairy at Center of Brownsville Road Redevelopment

A mural on the side of Carrick's historic Colteryahn Dairy
Credit Noah Brode / 90.5 WESA

Pittsburgh officials gathered outside Colteryahn Dairy in Carrick on Monday to announce a $50,000 study of redevelopment options for the 1600 block of Brownsville Road.

The four- to six-month study of the so-called "Dairy District" by Desmone Architects is meant to attract private investment, said Stephen Glassman, president of the Design Center, which is funding the research along with the city and the Urban Redevelopment Authority.  

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Economy & Business
12:40 pm
Tue March 12, 2013

PA Unemployment Numbers Tell Only Half the Story

Pennsylvania’s unemployment rate in January rose to 8.2 percent and is now at its highest point since October 2010 and Democrats in the state are hoping to use the numbers as political fodder.

The numbers were released Friday afternoon. By Monday morning, Senate Democrats were pointing to the report as all the proof they need to show the Corbett administration’s policies have failed to spur investment and, in turn, job creation.

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Essential Pittsburgh
9:00 pm
Mon March 11, 2013

Downtown Pittsburgh Living: From 9 to 5 to Full-Fledged Neighborhood

Downtown Pittsburgh is becoming more of a neighborhood, as more people move there to live, not just work.
Credit Deanna Garcia / 90.5 WESA News

It’s often said Pittsburgh is a city of neighborhoods. There are the bustling neighborhoods of Oakland and Squirrel Hill, the struggling neighborhood of Homewood, and the transitioning neighborhoods in between. Then there’s a shadow neighborhood. Some people call it the Golden Triangle, some call it the business district, and others call it home. 90.5 WESA reporter, Deanna Garcia looks at the present and the future of Downtown living.

Essential Pittsburgh
9:00 pm
Mon March 11, 2013

Women and the Business of Sports Management

Rebecca Harris is our weekly business contributor
Credit Rebecca Harris / Chatham Center for Women's Entrepreneurship

While Hilary Clinton declared the glass ceiling for women seeking the highest political office has 18-million cracks, some fields like pro sports remain a boys club. Contributor Rebecca Harris looks at the business of  women in sports management.Want to learn more about the sports management industry? Becca Harris recommends Women in Sports and Events and sports management Networking

JobLinks
12:48 pm
Mon March 11, 2013

Oakland Career Center Open House

The Oakland Planning and Development Corporation (OPDC) will hold an Open House at its new Oakland Career Center at 294 Semple Street (corner of Louisa) on Wednesday at 4 o’clock.  The building had been vacant and used for storage since the city closed it as a senior center in 2003 or 2004, according to Executive Director Wanda Wilson.  With foundation and city funding, as well as volunteer muscle, the building now has new life as the home for JobLinks and School 2 Career programs.

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Economy & Business
12:32 pm
Thu March 7, 2013

Hot Dogs Here! 3 More Pittsburgh Vendor Sites Approved

A Strip District vendor sells Pittsburgh Steelers t-shirts on the roadside.
Credit Jeffrey Inscho / Flickr

Pittsburghers will have three more chances to buy hot dogs, T-Shirts and other paraphernalia after City Council gives final approval to three new vendor sites on Tuesday.

Council gave preliminary approval to the necessary legislation on Wednesday, and if approved next week, the three new vending sites will be advertised in local newspapers.

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Economy & Business
8:49 pm
Wed March 6, 2013

It's a Sweet Year for Maple Syrup

Last year was the worst year ever for sugar content, but this year's maple syrup is back to normal, according to Everett Sechler, owner of the Sechler Sugar Shack in Somerset County.  "We've already made a third of what we made last year.  We're hoping that we do not have an early spring because if it turns to spring, that will speed up the buds in the trees, and the sugar season will be over.  The 10-day forecast looks like it's going to remain cold except for two days, and the trees should perhaps pour the sap out those two days."

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Essential Pittsburgh
10:36 am
Tue March 5, 2013

The History of Women's History Month

Business contributor Rebecca Harris connects Women's History Month to today's women in business.
Credit Rebecca Harris / Chatham Center for Women's Entrepreneurship

Women’s History Month had its origins as a national celebration in 1981. Business contributor Rebecca Harris, Director of Chatham University Center For Women's Entrepreneurship looks at the history behind this celebration and what it means for women in business. Find out more about Women's History Month events in Pittsburgh.


Economy & Business
5:06 pm
Wed February 27, 2013

Allegheny River Towns Enterprise Zone Expanding Role – Housing, Recreation Projects on Tap

Sharpsburg main street, like several others, has suffered from years of decline
Credit Josepeh/Flickr

Allegheny River Towns Enterprise Zone (ARTEZ) completed the Enterprise Zone program in June 2012, but thanks to new funding it will continue its work in Millvale, Etna, Sharpsburg, Aspinwall, Blawnox, O’Hara, and Shaler. Previously those who worked for ARTEZ focused solely on business development opportunities.

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Essential Pittsburgh
9:00 pm
Mon February 25, 2013

The Business of Event Planning with Rebecca Harris

Essential Pittsburgh business contributor Rebecca Harris lets you know what it takes to start an event planning business.
Credit Rebecca Harris / Chatham Center for Women's Entrepreneurship

Are you the one who always organizes get togethers for family and friends? Are you a social butterfly? From marathons to corporate gatherings, event planning is a highly profitable business, with a surprisingly low startup cost. And the industry has grown tremendously in the past decade. This week our business contributor Rebecca Harris looks at the business of event planning.

Essential Pittsburgh
12:01 pm
Mon February 25, 2013

The Terrible Towel Comes Home to Pittsburgh

An original commercially marketed Terrible Towel, sold exclusively by Gimbel's Department Store, circa 1978. The Terrible Towel is a fan symbol associated with the Pittsburgh Steelers, soon the towels will be printed right here in Pittsburgh.
Credit Wikipedia

The iconic terrible towel has come home to Pittsburgh. We'll talk wth Rob Brandegee, co-owner of Little Earth Productions about the manufacturing of Steelers good luck charm is returning to the Steel City.

Economy & Business
1:27 pm
Wed February 20, 2013

New Building Permits Increase

A Census Bureau report has revealed that new, private, residential building permits in the Pittsburgh region totaled 3,717 in 2012—800 more than in 2011, or an increase of 20%.  

Doug Heuck, Director of PittsburghTODAY in Pitt’s University Center for Social and Urban Research, says the numbers are a good sign that housing activity, one of the most important sectors of the regional economy, is picking up.

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Economy & Business
4:29 pm
Sun February 17, 2013

CMU Professor: Online 'Crowd Workers' Need Protections, Organization

Millions of people around the world get paid to perform small online tasks for private companies. By most estimates, these 'crowd workers' get paid anywhere from $3 to $9 per hour to gather information, transcribe text, or evaluate websites. Some work for as many as 50 companies in one day, with flexible hours and little commitment.

Usually, there are no contracts, no unions, and no opportunites for training or advancement. Sometimes, there's no pay at all.

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Economy & Business
2:22 pm
Fri February 15, 2013

PNC's Rohr Steps Down, Demchak to Replace

PNC announces big changes at the top.
Credit Alex Blanck/Flickr

PNC Financial Services Group President William Demchak will replace Chairman and CEO James Rohr who is set to step down in April after nearly 13 years as head of southwestern Pennsylvania's largest bank.

The 64-year-old Rohr will step down at the annual shareholder's meeting April 23, but will remain executive chairman for a year while the bank transitions to Demchak's leadership.

The 50-year-old Demchak was hired by PNC as chief financial officer in 2002, when he left JPMorgan Chase. Since then, he's become PNC's senior vice chairman in 2009 and president last April.

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Economy & Business
1:41 pm
Thu February 14, 2013

Heinz to be Acquired by Berkshire Hathaway Group

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Pittsburgh-based H.J. Heinz Co. has agreed to a $28 billion deal to be acquired by an investment consortium which includes billionaire investor Warren Buffet. If approved, this will be the largest acquisition ever in the food industry.

The Heinz Board of Directors unanimously approved the acquisition by Berkshire Hathaway and 3G Capital. Under the agreement, Heinz shareholders will receive $72.50 in cash for each share of common stock they own, a 20 percent premium.

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Economy & Business
1:36 pm
Thu February 14, 2013

US Airways, American Boards OK $11B Merger

American Airlines and US Airways say they have agreed to merge in an $11 billion deal that would create the world's biggest airline. The combined carrier will be called American Airlines but run by US Airways CEO Doug Parker.

The combined network will serve 8 locations across the Pennsylvania-Delaware region—Pittsburgh, Philadelphia, Scranton, Harrisburg, State College, Allentown-Lehigh, Erie and Williamsport, with 558 daily departures.  Pittsburgh will have 60 flights to 13 destinations.

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Economy & Business
12:31 pm
Thu February 14, 2013

US Airways, American Boards Approve Merger

Update at 6:50 a.m. ET, Feb. 14: News Is Confirmed.

Statements confirming the news that directors of US Airways and American Airlines have agreed to merge the airlines have now been released by both companies.

American says:

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Economy & Business
9:23 pm
Fri February 8, 2013

Pittsburgh & Allegheny Co. Primed For Transit-Oriented Development

Transit-Oriented Development (TOD) can spur economic, environmental, and access benefits for the Pittsburgh region.

That's one of the findings of a yearlong study, released by the Center for Transit-Oriented Development (CTOD), into the potential for transit-oriented development in Allegheny County. 

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Economy & Business
10:14 pm
Mon February 4, 2013

Pittsburgh Launches First Edible Gardens Program

Pittsburgh residents who live a significant distance from grocery stores or farmers' markets are being encouraged to apply to grow fruits and vegetables on a nearby city-owned lot in their neighborhood. Volunteers will work side-by-side with Pittsburgh’s Green Team on vacant properties to create, design and plant produce.

Community garden stewards will be responsible for maintenance, weeding, harvesting and distribution throughout the season.  

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Economy & Business
8:15 pm
Mon February 4, 2013

Volunteers Increase at Pittsburgh Downtown Partnership

http://2cccd5dfe1965e26adf6-26c50ce30a6867b5a67335a93e186605.r53.cf1.rackcdn.com/Downtown Wrap.mp3

The Pittsburgh Downtown Partnership’s volunteer program increased dramatically in 2012.  The group links the growth to a grant from the Richard King Mellon Foundation that facilitated staffing and the purchase of supplies.  

President and CEO Jeremy Waldrup said the number of volunteers increased by 860%, and the number of hours volunteered went up 332%.

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Economy & Business
8:02 pm
Thu January 31, 2013

New Coke Battery Expected to Reduce Emissions from US Steel Clairton Plant

After more than four years of construction, US Steel Corp. welcomed government and labor officials Thursday to officially commission its newest coke battery. C Battery, along with new low-emissions quench towers are expected to reduce emissions from the Mon Valley Works Clairton Plant.

US Steel has invested more than $500 million in the project, which replaces ovens that were more than 50 years old in some cases. Officials say C Battery meets all regulations set by the federal Environmental Protection Agency and the Allegheny Department of Health.

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