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Business Features

U.S. posts record $3.1T budget deficit

WASHINGTON — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring.

10/19/2020 Business Features 0 comments

Coca-Cola eliminates TaB, its original diet soft drink

ATLANTA — TaB, Coca-Cola Co.'s original diet soft drink, is going down the drain.

10/17/2020 Business Features 0 comments

U.S. retail sales grow for 5th month in a row

NEW YORK — Retail sales rose strongly in September, the fifth straight month of growth, as Americans spent more on clothing, cars and sporting goods.

10/17/2020 Business Features 0 comments

COMMUNITY CONNECTION

Longtime Eagle newswoman named managing editor

Donna Sybert, who started at the Butler Eagle in 1982 as a feature writer and photographer, has been named the newspaper's managing editor.

Longtime Eagle newswoman assumes top job

10/17/2020 Business Features 0 comments

Redevelopment authority counters city offer

Contract covers block grant administration

The Butler Redevelopment Authority voted Thursday to offer City Council a counter proposal for the authority's contract to administer the Community Development Block Grant and HOME programs.

10/16/2020 Business Features 0 comments

Layoffs remain elevated as 898,000 seek aid

WASHINGTON — The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago.

10/16/2020 Business Features 0 comments

SRU welcomes expert on 'Farmer Fridays'

Online class features Cabot man

William Thiele uses the Zoom app on his smartphone from his 300-acre family farm in Cabot as part of an SRU class.

SLIPPERY ROCK — Slippery Rock University students taking an online class might not be able to gather as a group to visit an expert in the field, so an expert literally standing out in the field is coming to them.

10/15/2020 Business Features 0 comments

Cranberry Twp. lands seafood business

Dock to Table opened Oct. 7 in the Oak Tree Place plaza in Cranberry Township. The store sells hand-selected, fresh seafood. Since the pandemic began, the company has seen a particular interest in people cooking meals at home instead of eating out.

A seafood business opened in Cranberry Township this month.

10/14/2020 Business Features 0 comments

Delta posts $5.4 billion quarterly loss

The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic.

10/14/2020 Business Features 0 comments

Facebook bans Holocaust denial posts

Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources if they search for information about the Nazi genocide.

10/13/2020 Business Features 0 comments

Essay: COVID-19 will cost U.S. $16 trillion

The COVID-19 pandemic will exact a $16 trillion toll on the U.S. — four times the cost of the Great Recession — when adding the costs of lost lives and health to the direct economic impact, according to former U.S.

10/13/2020 Business Features 0 comments

Wave of ‘Nutcracker’ cancellations hits industry

COLUMBUS, Ohio — For many, it’s not Christmas without the dance of Clara, Uncle Drosselmeyer, the Sugar Plum Fairy, the Mouse King and, of course, the Nutcracker Prince.