EmailEmail
PrintPrint
Business new briefs
Thursday, March 11, 2010
Foreclosure growth smallest in four years

RealtyTrac Inc. said today that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years. More than 308,000 households received a foreclosure-related notice, the company reported, down more than 2 percent from January.

Google: China settlement due in 'weeks, not months'

Google Inc., negotiating with the Chinese government after threatening to stop censoring search results in the country, expects to resolve the dispute in "weeks, not months." A spokesperson for the company gave the outlook without being more specific or saying what form the resolution would take.

Rivers Casino has biggest week ever

The Rivers Casino produced the biggest week of revenue in its short existence last week. From March 1 to March 7, the casino racked in $5.27 million in gross terminal revenue, the amount gamblers lost. That beat the high of $5.26 million in the opening week of August 10-17.

Panera will include calorie count on menu

Panera Bread customers soon will be able to tally calories for their turkey panini and broccoli cheddar soup with just a glance at the menu. Panera announced Wednesday it would be the first chain to voluntarily post calorie information at all of its company-owned restaurants.

'Slowdowns' delay First Niagara branch

First Niagara Bank, which had expected to open a branch inside the 11 Stanwix Building, Downtown, in January, now plans to open the office in the third quarter. "There have been some slowdowns," spokeswoman Leslie Garrity said in an e-mail. The building is First Niagara's regional headquarters.

Pepsi raising prices as freeze hits orange crop

PepsiCo said it would raise prices on its popular Tropicana orange juice because of the deep freeze that hurt much of Florida's citrus crop. The company is shrinking its most popular size by about 8 percent -- while maintaining its price -- and raising prices on another size starting in May. Citrus growers in Florida have lost much of their crop because of freezing weather.

Google planning to scan 1 million old Italian books

Google said Wednesday it would scan up to a million old books in national libraries, including works by astronomer Galileo Galilei, in the first deal of its kind. Google will cover the costs of the scanning the out-of-copyright works.

Also in business ...

Terrence Murphy, retired president of Columbia Gas of Pennsylvania and Maryland, has joined law firm K&L Gates as a government affairs counselor in its public policy and law practice.

"Money Q&A" and "Company Town" are featured exclusively at PG+, a members-only web site of the Pittsburgh Post-Gazette. Our introduction to PG+ gives you all the details.
First published on March 11, 2010 at 12:00 am