The technology sector in Pittsburgh experienced a record number of venture capital deals in 2024 demonstrating that the city’s tech economy remains resilient through waves of macroeconomic challenge...
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Mitsubishi Electric Power Products Inc. (MEPPI) broke ground March 19 on its $86-million expansion and new facility in Beaver County, Pa., that will create at least 200 new jobs and retain 806 employe...
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Duquesne Light Company (DLC) has promoted two executives to its executive leadership team. The company promoted Elisa Labriola, current chief compliance officer, to vice president and general couns...
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The Federal Reserve Bank of Philadelphia appointed three new members to its Community Depository Institutions Advisory Council. The new appointees include Kelly Botti, president and CEO of TruMark ...
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LS Power, a development, investment, and operating company focused on power generation, electric transmission, and energy infrastructure, recently applied to construct roughly 700 megawatts (MW) of ne...
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U.S. Rep Dan Meuser (R-PA), along with Rep. Hillary Scholten (D-MI), introduced a bill in Congress that seeks to help small businesses in rural or low-income areas. The bill, the Investing in All o...
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Malvern-based Endo, a diversified pharmaceutical company, and Ireland-based Mallinckrodt plc, a specialty pharmaceutical products and therapies developer, manufacturer, marketer, and distributor, rece...
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Gov. Josh Shapiro on Tuesday released key components of the Lightning Plan, a comprehensive, all-of-the-above energy plan for the state that will soon be introduced in the General Assembly. “Pe...
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With the Trump administration’s new tariffs on steel and aluminum imports scheduled to take effect March 12, five organizations representing the American steel industry say they support restoring 25...
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Radnor, Pa.-based Mineralys Therapeutics Inc., a clinical-stage biopharmaceutical company, on Monday reported positive data from two trials for its orally administered lorundrostat to treat certain hy...
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Additional pipeline capacity would unlock the full potential of natural gas from the Marcellus and Utica shales — most of which underlies Pennsylvania — and lead to lower prices and consumer savin...
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Gov. Josh Shapiro on Wednesday issued an Executive Order that seeks to capitalize on recent federal layoffs by streamlining Pennsylvania’s hiring process to recruit a talented pool of workers to fil...
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Five startups will move on to the next phase of the Duquesne New Venture Challenge (DNVC), officials said Tuesday. Hosted by Duquesne University’s Palumbo-Donahue School of Business, the nationa...
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Newtown, Pa.-based Traws Pharma Inc. on Monday reported that a single dose of its tivoxavir marboxil produced positive topline results from ferrets infected with H5N1 bird flu. “We believe safe a...
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Pittsburgh-based TRAiNED, Inc. a mortgage processing technology firm focusing on AI, said it was launching an investment opportunity to transform the traditional mortgage process. Its product, Sta...
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Investing in geothermal energy could help the state generate enough energy to meet 100 percent of its electricity, heating and low-to medium-temperature industrial process needs in as little as a deca...
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The Pennsylvania Chamber of Business and Industry joined several chambers of commerce across the state, as well as chambers across the country and the U.S. Chamber of Commerce in urging Congress to ma...
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Conshohocken, Pa.-based NSM Insurance Group is selling its U.S. commercial insurance division to a New York-based investment firm for an undisclosed amount. The transaction announced Monday is expecte...
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Industrial gases company Air Products, which has global headquarters in Lehigh Valley, Pa., is exiting three projects in the United States, primarily to write down assets and terminate contractual com...
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A Republican bill led by Pennsylvania State Sen. Gene Yaw (R-23) that would prevent a new electricity tax by repealing the state’s participation in the Regional Greenhouse Gas Initiative (RGGI) rece...
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