Pittsburgh

Walmart Inc. (NYSE:WMT) stock is hovering around its 52-week high, up nearly 14% this year, partly due to its recent $34 million acquisition of the Monroeville Mall in Pittsburgh. Despite increased investment positions by many funds in Q4, over-optimistic momentum indicators hint at a likely...

Nippon Steel (OTC:NISTF) executives have traveled to Pennsylvania to garner support for their $15 billion acquisition bid for U.S. Steel (NYSE:X). The Japanese steel giant is encountering political resistance in Washington. What Happened: Takahiro Mori, vice-chair of Nippon Steel, arrived in...

Tesla CEO Elon Musk mentioned Ripple’s (CRYPTO: XRP) ledger in a recent town hall event. This comes amid controversies surrounding co-founder’s political donations and SEC scrutiny. What Happened: An X account “Good Morning Crypto” shared a video snippet on Tuesday...

FreightWaves Chief Strategy Officer John "JT" Engstrom welcomed Pittsburgh natives Michael Ceravolo, CCO of Beemac Logistics, and ARL Logistics Executive Vice President Jordan Reber to "Freight Alley" Chattanooga, Tennessee on this episode of the FreightWavesTV show, "Fuller Speed Ahead." As long-...

Michael Ceravolo of Beemac Logistics and Jordan Reber of ARL Logistics are making Pittsburgh a hub for supply chains. Also, 2019 has been a tough year for carriers in this episode our experts offer advice on navigating the next five years in freight. Listen to more FreightWaves Podcasts...

New York City Councilman Mark Levine is expected to unveil a proposal on Thursday that will allow the city to accept bitcoin as payment for fines. The bill would allow the municipality to accept the cryptocurrency for things like parking tickets and court fees, but could also include an added...