FBI Investigating Heinz Deal After Insider Trading Allegations
The FBI is also now investigating possible insider trading prior to Berkshire Hathaway acquiring Heinz, Reuters reports.
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The FBI is also now investigating possible insider trading prior to Berkshire Hathaway acquiring Heinz, Reuters reports.
Federal regulators have alleged that a brokerage account in Switzerland was used for illegal insider trading ahead of the H.J. Heinz acquisition Thursday.
PNC CEO James Rohr is stepping down, and will move to a new role as executive chairman for a year before his retirement.
The chairman of the House Intelligence Committee says he's 99.9 percent sure it was Iran who engaged in cyber security attacks on PNC Bank and other financial institutions.
American Airlines and US Airways are now one company and the value of the merger is around $11 billion.
H.J. Heinz Co. says it agreed to be acquired by Warren Buffett's Berkshire Hathaway and 3G Capital in a deal valued at $23.3 billion.
American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the merger late Wednesday, according to four people close to the situation.
How about some soda with your bacon and eggs in the morning?
Pittsburgh taxpayers are out thousands of dollars because of a major theft allegedly by a part-time employee at the counter in the Police Records Room in Municipal Court, City Controller Michael Lamb confirmed Thursday.
Dana Launius and Maria Graziani are co-owners of Healcrest Urban Farm in Garfield. Organic herbs and fruit from the site of a long abandoned strip mine are blended in their herbal tea.
It seems like Pittsburgh International Airport has fewer and fewer options for travelers; but now, one airline is thinking about making Pittsburgh its home.
Sunday night, the screen went dark on Century Square Cinemas, which had featured dollar movies in West Mifflin for 22 years.
Every time you use a credit card to make a purchase, the seller gets charged a fee by the credit card company. But suppose the retailer charged you that same fee?
After years of discussion, altering and meetings, a bill was passed Tuesday to allow advertising in the City of Pittsburgh.
When you think of fashion, you probably think of cities like New York and Paris. However, one business, founded right here in Pittsburgh, is changing that.