Economy & Business http://wesa.fm en Pittsburgh-Based Thread Recycles Bottles and Brings Jobs to Haiti http://wesa.fm/post/pittsburgh-based-thread-recycles-bottles-and-brings-jobs-haiti <p>When local photographer Ian Rosenberger saw garbage piled in the street and thrown into canals untouched by a stretched public works system, he was moved to do more than take photos.</p><p>He jotted in his journal how it would be good to turn Haiti’s trash into money. Fri, 18 Apr 2014 17:04:00 +0000 Essential Pittsburgh 27789 at http://wesa.fm Pittsburgh-Based Thread Recycles Bottles and Brings Jobs to Haiti President Obama Wants to Model CCAC's Job-Driven Approach to Education http://wesa.fm/post/president-obama-wants-model-ccacs-job-driven-approach-education <p style="margin: 0px 0px 15px; padding: 0px; border: 0px; font-size: 15px; vertical-align: baseline; color: rgb(51, 51, 51); font-family: Georgia, Times, serif; line-height: 22px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);">President Barack Obama and Vice President Joe Biden visited the <span style="color: rgb(51, 51, 51); font-family: Georgia, Times, serif; font-size: 15px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 22px; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); display: inline !important; float: none;">Community College of Allegheny County's</span> West Hills Center campus in Oakdale Wednesday <a href="http://wesa.fm/post/obama-when-it-comes-job-training-roboburgh-model-nation?nopop=1">to announce system-wide reforms of federal job training programs</a>. Thu, 17 Apr 2014 19:55:43 +0000 Heather McClain 27739 at http://wesa.fm Pittsburgh Technology Council Tries to 'Win the Talent War' http://wesa.fm/post/pittsburgh-technology-council-tries-win-talent-war <p>Nearly one in four workers (23 percent)&nbsp;in the Pittsburgh region is&nbsp;employed by the technology industry comprising about 29 percent of the city’s total wages at $16.9 billion, according to the Pittsburgh Technology Council (PTC).</p><p>To help "win today's talent war" the PTC is introducing several initiatives to assist tech firms in attracting new workers including&nbsp;launching the redesigned online Career Connector. The site claims it's the “largest Pittsburgh region technology-specific job board” with more than 10,000 searchable resumes already available.</p> Wed, 16 Apr 2014 18:12:03 +0000 Michael Lynch 27534 at http://wesa.fm The Business of Summer Camp, from Architecture to Arts & Crafts http://wesa.fm/post/business-summer-camp-architecture-arts-crafts <p><span style="color: rgb(51, 51, 51); font-family: Georgia, Times, serif; font-size: 15px; line-height: 22px;">While winter is hardly a distant memory, it’s time to start making summer plans. If summer camp is in your child’s future, contributor Rebecca Harris says now is the time to sign-up. This week she focused on</span><span style="color: rgb(51, 51, 51); font-family: Georgia, Times, serif; font-size: 15px; line-height: 22px;"> the business of summer camps.</span></p><p><span style="color: rgb(51, 51, 51); font-family: Georgia, Times, serif; font-size: 15px; line-height: 22px;">More than six million children attend summer camps each year, and there are many different options. There are day camps, sleep away camps and even summer camps for adults. Rebecca has suggested just a few to check out before sessions fill up.</span></p><p> Tue, 15 Apr 2014 19:30:09 +0000 Essential Pittsburgh 27610 at http://wesa.fm The Business of Summer Camp, from Architecture to Arts & Crafts New Owners Offer Buyouts To Pittsburgh Heinz Staff http://wesa.fm/post/new-owners-offer-buyouts-pittsburgh-heinz-staff <p>The new owners of H.J. Heinz Co. have offered buyouts to all 775 workers in Pittsburgh, where the ketchup-and-food giant has been based for decades, but says the move doesn't signal a plan to move the company's headquarters.<br /><br />Instead, Heinz officials say the buyout is being offered because the new owners Berkshire Hathaway and 3G Capital — a Brazilian investment firm — recognize the company's new culture might not be "the perfect fit" for long-time Pittsburgh-based employees.<br /> Tue, 15 Apr 2014 16:09:49 +0000 The Associated Press 27599 at http://wesa.fm Think Before You Post: Mainstream Media's Increasing Reliance on Social Media http://wesa.fm/post/think-you-post-mainstream-medias-increasing-reliance-social-media <p><span style="line-height: 1.5;">&nbsp;</span></p><p><span style="line-height: 1.5;">As national media reports about the attacks at Franklin Regional High School began to unfold last week, a story of one of the injured victims taking a </span>selfie<span style="line-height: 1.5;"> from the hospital quickly went viral and prompted <a href="http://www.cnn.com/2014/04/09/opinion/robbins-selfie-school-stabbing/index.html">a range of reactions</a>. Was the student showing off or simply communicating to his circle of friends?</span></p><p><span style="line-height: 1.5;">Gordon Mitchell and Brent </span>Malin<span style="line-height: 1.5;">, University of Pittsburgh associate professors of communication talked with us about the importance of media literacy and the evolving relevance of social media in our lives and in mainstream news.</span></p><p> Mon, 14 Apr 2014 21:09:52 +0000 Essential Pittsburgh 27535 at http://wesa.fm Think Before You Post: Mainstream Media's Increasing Reliance on Social Media Heinz Endowments Names Grant Oliphant New President http://wesa.fm/post/heinz-endowments-names-grant-oliphant-new-president <p>The Pittsburgh-based Heinz Endowments has named Grant Oliphant as the charity's new president.</p><p>Oliphant previously spent more than 10 years with the Heinz Endowments in various senior management roles before spending the last six years as chief executive officer of another charity, the Pittsburgh Foundation.</p> Mon, 14 Apr 2014 18:31:37 +0000 Deanna Garcia 27548 at http://wesa.fm Heinz Endowments Names Grant Oliphant New President Building a Financial Timeline: Why Students Need to Be More Proactive With Money http://wesa.fm/post/building-financial-timeline-why-students-need-be-more-proactive-money <p>Many college students have very little to no experience in financial planning, which is why University of Pittsburgh Professor of Finance, Jay Sukits, created an event to help students become financially literate.</p><p>Gene Natali, Senior Vice President at CS McKee and co-author of <a href="http://www.themissingsemester.com/"><em>The Missing Semester</em></a> is speaking at the event, <a href="http://www.themissingsemester.com/images/2014_Student_Panel.pdf">Money 101-Taking Control</a>,&nbsp;dedicated to teaching high school and college students about managing their finances. Wed, 09 Apr 2014 20:24:27 +0000 Essential Pittsburgh 27275 at http://wesa.fm Building a Financial Timeline: Why Students Need to Be More Proactive With Money Take A Trip To Canada, In Downtown Pittsburgh http://wesa.fm/post/take-trip-canada-downtown-pittsburgh <p><span style="line-height: 1.5;">This week our neighbors to the north – Canada - will be celebrated in Pittsburgh via a temporary Canadian consulate. Canada is Pennsylvania’s largest trading partner and export market, receiving 30 percent of the state’s foreign-bound goods. This week contributor Rebecca Harris&nbsp;looked at the state’s business connections to Canada.</span></p><p> Tue, 08 Apr 2014 20:04:55 +0000 Essential Pittsburgh 27216 at http://wesa.fm Take A Trip To Canada, In Downtown Pittsburgh Pennsylvania Small Businesses Expected To Hire, Report Shows http://wesa.fm/post/pennsylvania-small-businesses-expected-hire-report-shows <p>The future is looking a little bit brighter for Pennsylvania small businesses, <a href="https://www.pnc.com/webapp/unsec/Requester?resource=/wps/wcm/connect/21b6ce804368555895f3b763bee20f45/PA_EOS_Spring14.pdf?MOD=AJPERES&amp;amp;CACHEID=21b6ce804368555895f3b763bee20f45">according to a PNC survey</a>.</p><p>The bi-annual report shows 13 percent of small and mid-sized businesses in the state will look to hire more full-time employees in the next six months. But 7 percent of business owners plan to reduce their full-time staff.</p> Tue, 08 Apr 2014 19:30:33 +0000 Michael Lynch 26992 at http://wesa.fm What To Do If Your GM Car May Have Been Recalled http://wesa.fm/post/what-do-if-your-gm-car-may-have-been-recalled <p></p><p><span style="line-height: 1.5;">Congressional staff investigating the widening </span><a href="http://www.gm.com/ignition-switch-recall.html" style="line-height: 1.5;">GM ignition switch recall </a><span style="line-height: 1.5;">of more than 2 million vehicles said there are indications GM approved the design of the switches in 2002, for popular cars such as the Chevy Cobalt, even though the company knew they did not meet specifications.</span></p><p>The new CEO of GM, Mary Barra testified on Capitol Hill last week about the safety defect that's been linked to at least 13 deaths and sparked a 2.6 million-vehicle recall. Los Angeles Times staff writer Jerry Hirsch <a href="http://articles.latimes.com/2014/mar/30/business/la-fi-gm-investigation-20140331">has been following this story</a>. &nbsp;</p><p> Mon, 07 Apr 2014 19:09:55 +0000 Essential Pittsbrugh 27154 at http://wesa.fm What To Do If Your GM Car May Have Been Recalled Land Bank Proposal Outside Of Pittsburgh Builds Speed http://wesa.fm/post/land-bank-proposal-outside-pittsburgh-builds-speed <p>While a proposal to create a land bank in the city of Pittsburgh is getting bogged down by controversy, a similar plan that would include 40 municipalities in the Mon Valley and eastern reaches of Allegheny County is hurtling ahead without much dissention.</p><p>The Twin Rivers, Turtle Creek Valley and Steel Valley Councils of Governments began the process of creating a land bank program shortly after Gov. Tom Corbett signed enabling legislation in December of 2012.&nbsp;</p> Mon, 07 Apr 2014 11:25:44 +0000 Mark Nootbaar 27125 at http://wesa.fm New Branding Aims To Support Pittsburgh's Growing Tourism Industry http://wesa.fm/post/new-branding-aims-support-pittsburghs-growing-tourism-industry <p>At its annual meeting Thursday, <a href="http://www.visitpittsburgh.com/">VisitPITTSBURGH</a> highlighted some of the successes in tourism in the last couple of years.</p><p>The national group Tourism Economics releases data on the industry; 2012 numbers were recently released for Allegheny County.</p> Thu, 03 Apr 2014 19:16:48 +0000 Deanna Garcia 26969 at http://wesa.fm New Branding Aims To Support Pittsburgh's Growing Tourism Industry Be Careful How you Use March Madness, Final Four, and other NCAA Tournament Terms http://wesa.fm/post/be-careful-how-you-use-march-madness-final-four-and-other-ncaa-tournament-terms <p><a href="http://www.ncaa.com/march-madness">March Madness</a>, Sweet 16, Elite Eight and <a href="http://www.ncaa.com/final-four">Final Four</a> are some pretty popular terms at this time of year. But legal infractions are a common problem for businesses that try to capitalize on all of the championship hype without looking at the copyright issues.</p><p></p><p>Dave Radack, vice chair of the Intellectual Property Department and member of <a href="http://www.eckertseamans.com/">Eckert Seamans' Board of Directors</a>, works with patents, trademarks, copyrights and trade secrets.</p><p> Wed, 02 Apr 2014 20:02:25 +0000 Essential Pittsburgh 26897 at http://wesa.fm Be Careful How you Use March Madness, Final Four, and other NCAA Tournament Terms Pennsylvania Tax And Revenue Collections Continue To Fall Short http://wesa.fm/post/pennsylvania-tax-and-revenue-collections-continue-fall-short <p>Three months until the end of the 2013-14 fiscal year, Pennsylvania’s revenue collections are 0.5 &nbsp;percent short of estimates.</p><p>The Department of Revenue reports &nbsp;through the first nine months of FY 13-14 it has collected &nbsp;$20.5 billion — $96.3 million behind approximations — but spokeswoman Elizabeth Brassell said that number “disguises the fiscal reality.”</p> Wed, 02 Apr 2014 17:00:04 +0000 Michael Lynch 26896 at http://wesa.fm Corporate April Fool's Jokes Going Viral http://wesa.fm/post/corporate-april-fools-jokes-going-viral <p>Cheetos perfume, Taco Bell purchasing the Liberty Bell and American Beagle dogwear.</p><p>They’re all examples of corporations getting into to spirit of April Fool's. This week contributor Rebecca Harris looks at the business of April Fools.&nbsp;</p><p> Tue, 01 Apr 2014 20:33:04 +0000 Essential Pittsburgh 26850 at http://wesa.fm Pittsburgh Riverhounds, Stadium Owners Bankrupt http://wesa.fm/post/pittsburgh-riverhounds-stadium-owners-bankrupt <p>The owners of Pittsburgh's minor league soccer team and the riverfront stadium in which they play have filed for Chapter 11 bankruptcy protection.<br /><br />The Riverhounds Acquisition Group, L. P. owns the team and lists debts of between $1 million and $10 million in its petition. Riverhounds Event Center LP, which owns Highmark Stadium, has $7.2 million in mortgage debt, plus a $1.5 million bank loan and hundreds of thousands of dollars in other debts to smaller creditors.<br /> Fri, 28 Mar 2014 21:07:03 +0000 The Associated Press 26660 at http://wesa.fm Community Backed Micro-Lending Helps Homewood Indoor Bike Park http://wesa.fm/post/community-backed-micro-lending-helps-homewood-indoor-bike-park <p></p><p></p><p>Since the early 2000’s more than one million small businesses worldwide have been funded through the online micro-lending program known as <a href="http://www.kiva.org/">Kiva.org</a></p><p>The loans help revitalize local economies and make it possible for the average person, rather than banks, to fund innovative ideas and businesses.&nbsp;</p><p>Premal Shah, President and co-founder said Kiva is a non-profit that provides loans to many different people at 0% interest, often people who can't qualify for a bank loan. Thu, 27 Mar 2014 19:45:28 +0000 Essential Pittsburgh 26586 at http://wesa.fm Community Backed Micro-Lending Helps Homewood Indoor Bike Park Crowdfunding Site for Small Businesses Launches in Pittsburgh http://wesa.fm/post/crowdfunding-site-small-businesses-launches-pittsburgh <p>When Tracy Carter was a member of corporate America, she daydreamed in her office about opening up her own hair salon.</p><p>She knew she was serious about her aspirations, but didn’t have the finances to jump start them. &nbsp;</p><p>Rather than going to a bank for a loan, Carter found help from 95 donors on Kiva.org, a crowdfunding initiative that enables anyone in the world to lend money to small businesses.</p><p>Now, $5,000 later, Carter owns Shear Talent in Bethel Park.</p> Thu, 27 Mar 2014 19:11:23 +0000 Julian Routh 26579 at http://wesa.fm Crowdfunding Site for Small Businesses Launches in Pittsburgh Tips for Individuals and Employers on the Affordable Care Act and Tax Season http://wesa.fm/post/tips-individuals-and-employers-affordable-care-act-and-tax-season <p>With less than a week until the healthcare enrollment deadline, and tax season underway, <a href="http://www.markovitz-dugan.com/about_staff_jh.html">Judith Herron</a>, a CPA with<a href="http://www.markovitz-dugan.com/infocenter.html"> Markovitz-Dugan and Associates</a> in Green Tree explains how the Affordable Care Act will impact filing.</p><p><strong>How will the Affordable care Act impact individuals? Wed, 26 Mar 2014 20:43:22 +0000 Essential Pittsburgh 26498 at http://wesa.fm Tips for Individuals and Employers on the Affordable Care Act and Tax Season Report: Pittsburgh Region's Economic Growth is Steady, But Under the Radar http://wesa.fm/post/report-pittsburgh-regions-economic-growth-steady-under-radar <p>Advanced manufacturing is picking up in the Pittsburgh region, more jobs are requiring technology skills and the financial and businesses services sector is greatest contributor to the gross regional product.</p><p>Those are just some of the takeaways from the Pittsburgh Regional Alliance’s seventh annual economic development performance scorecard and “Wins Day” Wednesday.</p><p>The alliance is the marketing affiliate of the Allegheny Conference for Economic Development and is charged with the task of marketing the Pittsburgh region to businesses and workers alike.</p> Wed, 26 Mar 2014 18:37:12 +0000 Liz Reid 26518 at http://wesa.fm Report: Pittsburgh Region's Economic Growth is Steady, But Under the Radar HUD Funding Assists Public Housing Maintenance http://wesa.fm/post/hud-funding-assists-public-housing-maintenance <p>As part of a $1.8 billion assistance package from the U.S. Department of Housing and Urban Development, the Allegheny County Housing Authority and Housing Authority of the City of Pittsburgh will receive nearly $20 million to improve public housing units.</p><p>The awards, $4.1 million to the ACHA and $13.2 million to the HACP, are to be used to modernize, build, repair and renovate public housing developments.</p> Mon, 24 Mar 2014 00:44:48 +0000 Julian Routh 26254 at http://wesa.fm PA Unemployment Down, Employment Up In February http://wesa.fm/post/pa-unemployment-down-employment-february <p>Pennsylvania's unemployment rate continued its rapid drop in February, while employer payrolls inched up and the labor force grew after a 14-month skid.<br /><br />The state Department of Labor and Industry said Friday that Pennsylvania's unemployment rate fell two-tenths of a percentage point to 6.2 percent last month. It was last at that mark in 2008. The national rate was 6.7 percent in February.<br /> Fri, 21 Mar 2014 15:30:52 +0000 The Associated Press 26251 at http://wesa.fm PA Hospital Network Agrees to Pay Feds $1.5M for Kickbacks http://wesa.fm/post/pa-hospital-network-agrees-pay-feds-15m-kickbacks <p>Federal prosecutors in Pittsburgh say the West Penn Allegheny Health System has agreed to pay more than $1.5 million to settle claims that it violated the law by offering doctors below-market rents so the physicians would refer patients to the network's hospitals.<br /><br />A spokesman for West Penn says the settlement grew out of a self-audit and voluntary report made to federal officials, which was confirmed by U.S. Attorney David Hickton, who announced the settlement. The allegedly illegal activity began in the mid-2000s, with most of it occurring between 2008 and 2012.<br /> Wed, 19 Mar 2014 16:45:26 +0000 The Associated Press 26121 at http://wesa.fm The Business of French Products http://wesa.fm/post/business-french-products <p><span style="line-height: 1.5;">This week, contributor&nbsp;Rebecca Harris&nbsp;looked at the connection French businesses and products have to our commercial sector.</span></p><p>France is the sixth largest foreign investor in the Pittsburgh region, with 27 French-owned companies that operate about 50 establishments in the area.</p><p>Here are some Pittsburgh businesses with a French connection: Tue, 18 Mar 2014 18:31:24 +0000 Essential Pittsburgh 26066 at http://wesa.fm The Business of French Products