One of Pittsburgh’s biggest public companies is Pittsburgh-based no more. Allegheny Technologies Inc. on Wednesday said it is changing its name to ATI Inc., and that it is now headquartered at its executive office in Dallas, according to a filing with the U.S. Securities and Exchange Commission. The company said in the filing that the headquarters move provides “an independent, centralized headquarters location” expected to strengthen its strategic focus and support the independent functioning of its other operating hubs located throughout its corporate footprint.
PARIS (Reuters) -Europe's Airbus has raised the stakes in a dispute with Qatar Airways over damage to the painted surface of long-haul A350 jets by revoking the contract for a fourth airplane, three people familiar with the matter said. The two companies are locked in a dispute over the impact of surface scars on the jets, with Airbus insisting the aircraft are safe and the Gulf carrier claiming there are unanswered questions over airworthiness and refusing to take deliveries. In May, a British judge rejected a bid by Qatar Airways to force Airbus to stop formally trying to deliver more A350s to the carrier, the aircraft's largest customer.
- American City Business Journals
Intel Corp. began early construction work at its $20 billion New Albany semiconductor complex Friday. Construction is slated to occur Mondays-Saturdays on the site for about three years, with operations coming online in 2025, according to an update shared by a task force consisting of the Licking County Port Authority, Grow Licking County and the Licking County Chamber of Commerce. The complex will occupy about 900 acres of land in New Albany and is expected bring tens of thousands of jobs to the area, including construction jobs and roles at ancillary businesses.
- Yahoo Finance
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less.
The new rules also say that customers who refuse to pay the charge cannot be denied entry or service.
Monitoring your employees at work may actually make them slack off, slow down, and even steal more than ones who aren’t, Harvard study says
During the COVID pandemic, online searches for “how to monitor employees working from home” increased by 1,705%.
- Business Insider
The new menu could increase sales and simplify operations in Subway's kitchen to reverse a sales slump.
A temporary administrator appointed by a Congolese court to run the world's second-largest cobalt mine ordered majority Chinese owner CMOC to suspend marketing and export of its production, letters seen by Reuters showed. CMOC spokesman Vincent Zhou said the company had not received the letters and that production and exports were continuing as normal. CMOC says the mine remains under its control despite the February court order, whose implementation Congo's justice minister lifted a stay on last month.
- LA Times
'Superlawyer' Dan Webb will lead the Murdoch-owned company's defense against Dominion Voting Systems in the case tied to 2020 election fraud claims.
- The Bergen Record
Tommy Bonfiglio, a Monmouth County resident whose family owns a chain of restaurants in New Jersey, including two in Clifton, died on Friday.
HOUSTON (Reuters) -More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.
KELLEY BLUE BOOK New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winner this year.
Over $300,000 raised for Burger King employee who never missed work in 27 years and got a backpack, movie ticket, and Starbucks cup as a gift
Over $300,000 was raised for a Burger King employee who never missed work in 27 years and got a backpack, a movie ticket, and a Starbucks cup as a gift.
U.S. oil just tumbled below $100 a barrel — What that says about recession fears and tight crude supplies
Concerns about a recession and a drop in energy demand led to a drop in U.S. benchmark West Texas Intermediate crude-oil prices below the $100 -a-barrel mark on Tuesday for the first time in months. That's contributed to talk of a potential "buying opportunity" for traders, even as some analysts expect further price declines.
- Motley Fool
The sooner you get started investing for your retirement, the better your chances are of getting there.
- Business Insider
Soaring fuel prices are already causing demand destruction, according to the world's biggest oil trader
There's evidence out there of "economic stress" being caused by the high prices, Vitol's Mike Muller said in a Sunday podcast.
CureVac says its intellectual property portfolio protects multiple inventions that are considered essential to Pfizer and BioNTech's Covid-19 vaccine.
Lawyers representing two former Tesla employees who were terminated in mid-June have filed an emergency motion asking a judge to prohibit the EV automaker from forcing workers to sign releases in exchange for less severance than federal law provides. The plaintiffs, who allege that the company did not provide the 60 days of advance notice required by federal law during a recent round of layoffs, filed a motion Tuesday asking the U.S. District Court for the Western District of Texas “to restrict Tesla's ability to continue seeking releases from employees in exchange for one week of severance.” John Lynch and Daxton Hartsfield were let go mid-June from Tesla’s Gigafactory 2 in Sparks, Nevada, along with more than 500 other employees, according to the complaint.
It's never too early to start planning for retirement. The earlier you start thinking about it, the better off you'll be when you reach retirement age. In planning your retirement, you're bound to...
U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices - but further cementing the case for a near-term recession.
Current investors aren't just navigating a bear market; they're also contending with rising interest rates that are driving down bond returns. For retirees and those approaching retirement, these challenges are even more daunting. While experts and past research have pointed … Continue reading → The post Why You May Want to Avoid This Guaranteed Retirement Income Product appeared first on SmartAsset Blog.