City Pittsburgh Financial News
31.08 / 16:35
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Department
White House races to lend billions in climate funds before election
The $400 billion federal clean-energy lending program that has faced criticism for moving too slow is stepping up efforts to push cash out the door before the election. The Energy Department’s Loan Programs Office was turbocharged by the 2022 Inflation Reduction Act, which gave it hundreds of billions of dollars to lend to clean-energy businesses. So far, it has only used a tiny fraction of that capacity.
28.08 / 05:45
security
Death
wellness
Warner Bros
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hospital
stars
Features
‘ER’ creator Michael Crichton’s estate sues Warner Bros. over upcoming hospital drama ‘The Pitt’
The estate of Michael Crichton is suing Warner Bros
18.08 / 19:35
markets
UPS
BLOCK
Manufacturing
Trade
reports
Interviews
Inox Wind has all building blocks in place: Devansh Jain, Executive director, InoxGFL Group
Inox Wind reported a profit in the April-June period, the first quarter it has done so since the three months to December 2018. «We are just at the cusp of a massive breakout,» Devansh Jain, executive director, InoxGFL Group, said in an interview. The company, a fully integrated wind energy player, has a record 2.9GW order book. The stock market has lapped up the turnaround story. The Noida-based company has seen its stock surge over 11 times from the low of ₹19 in December 2018 to ₹212 on August 16, 2024. In the past year, it has jumped 331% while the Sensex is up 22%, lifting its market capitalisation to nearly ₹28,000 crore.
18.08 / 02:56
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2020
Donald Trump says Kamala Harris easier than Joe Biden
Donald Trump said on Saturday he believed Democrat Kamala Harris will be easier to beat than President Joe Biden even as some polls showed her edging ahead in the race for the Nov. 5 presidential election. Trump, the former president, spoke at a rally in Wilkes-Barre in northeastern Pennsylvania, a state looming large in the campaign. Vice President Harris will conduct a bus tour of western Pennsylvania starting in Pittsburgh on Sunday, ahead of the kickoff of the Democratic National Convention on Monday in Chicago. «I believe she will be easier to beat than him,» said Trump, referring to her as «radical» and a «lunatic.»
23.07 / 06:24
21.07 / 14:40
01.06 / 19:03
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War
hospital
Updates
Remains of Jewish-American World War II hero missing for 80 years brought home. How were remains identified?
remains of a Jewish-American soldier who was killed in 1944 in France during World War II, have been brought to his home in the US after 80 years. According to 'New York Post', 1st Lt. Nathan Baskind from Pittsburgh, was 28 years old when he was killed. The Allied Forces soldier survived the D-Day invasion but got injured, he was captured later and was admitted to a hospital with wounds. He died later and was cremated along with Nazi soldiers in France.
01.05 / 11:53
18.04 / 09:58
COST
UPS
BLOCK
Manufacturing
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Trade
President
The race to be Protectionist in Chief
Didn’t President Biden promise a better trade policy than his predecessor? Well, he now appears to be in a race with Donald Trump to be Protectionist in Chief. Witness his pitch for new tariffs at a campaign stop on Wednesday in Pittsburgh. Speaking at United Steelworkers headquarters—where else?—Mr.
17.04 / 20:09
UPS
Manufacturing
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Trade
audience
International
In poll mode, Joe Biden seeks higher tariffs on Chinese metal products
Joe Biden is calling for a tripling of tariffs on Chinese steel and aluminum to protect American producers from a flood of cheap imports, and will pitch his election-year plan during a visit Wednesday with steelworkers in Pennsylvania, where union support could prove crucial in the White House race. The move reflects the intersection of Biden's international trade policy with his reelection effort. The White House insists the policy is more about shielding American manufacturing from unfair trade practices overseas than firing up a union audience.
16.04 / 10:34
UPS
Waters
reports
Traffic
Investigations
boating
Ohio River near Pittsburgh is closed as crews search for missing barge, one of 26 that broke loose
A stretch of the Ohio River near Pittsburgh remains closed to maritime traffic as crews equipped with sonar look for a barge believed to have sunk over the weekend
12.04 / 17:11
COST
UPS
Racing
Analysis
Diversity
Discrimination
Jack Mintz: Don't go woke on taxes, Minister Freeland!
Imagine if in her Tuesday budget federal Finance Minister Chrystia Freeland announced higher taxes on capital gains — except for women, visible minorities and Black, LGBTQ+ and Indigenous Canadians. Most people would be appalled.
19.03 / 05:29
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security
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Nippon Steel pledges to move US HQ to US Steel's Pittsburgh
TOKYO (Reuters) — Nippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an executive said, adding to the pledges from the Japanese steelmaker to secure the transaction.
14.02 / 19:41
12.01 / 21:35
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Parke
wellness
Bill
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information
play
NFL play-off wild-card game between Pittsburgh Steelers, Buffalo Bills to be moved from Buffalo to Cleveland?
NFL does not have any plans to get the world rid of a snow game yet. The league dismissed a rumor sourcing from a radio station in Pittsburgh that Pittsburgh Steelers-Buffalo Bills wild card playoff game on Sunday could be transferred to Cleveland because of weather conditions. For Erie County which is Bills' Highmark Stadium's home in Orchard Park, NY, a winter storm watch is in operation. There is a probability of seven or greater inches of snow as well as heavy winds as per WGRZ.com.
09.01 / 21:32
security
Election
Universities
country
Pro-India Tshering Tobgay set to be Bhutan's PM for 2nd time
Tshering Tobgay's party, the People's Democratic Party (PDP), on Tuesday scored a resounding victory in Bhutan's parliamentary elections. The party clinched almost a two-thirds majority, winning 30 seats of the 47 national assembly seats to return to power. The Bhutan Tendrel Party (BTP) navigated its way through the competitive landscape, securing 17 seats.
05.01 / 17:16
21.12 / 23:08
19.12 / 05:23
Citi
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Manufacturing
CEO
pandemic
President
symptoms
Storied US Steel to be acquired for more than $14 billion by Nippon Steel
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion
18.12 / 19:11
Citi
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Manufacturing
CEO
pandemic
President
symptoms
US Steel to be acquired for more than $14 billion by Nippon Steel
Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from the World Steel Association.
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