Business briefs
Grocery pilots delivery program
O’Hara-based grocer Giant Eagle is piloting its first marketwide, free home delivery service for prescriptions in the Columbus, Ohio, area. The program isn’t headed to Pittsburgh anytime soon, according to a company spokesman.
CMU researchers given grant
Carnegie Mellon University researchers have been awarded a $7 million by the National Science Foundation for seven research projects surrounding robotics. The projects include efforts to create robots to inspect infrastructure, machines to enhance minimally invasive surgeries and robots to aid the blind.
Bank president plans to retire
WesBanco Inc. president and CEO Paul M. Limbert plans to retire April 30, to be succeeded by Todd F. Clossin, who joins the bank Nov. 4. Mr. Clossin comes to the Wheeling, W.Va.-based bank from Fifth Third Bank in Cincinnati, Ohio, where he was executive vice president and chief administrative officer. Mr. Limbert, who has been a member of the management team at WesBanco for 37 years, will remain on the board of directors.
Company relocates Downtown
Schneider Downs has relocated its headquarters to One PPG Place, where it occupies 46,500 square feet. The accounting and business advisory firm previously was located in the Strip District.
U.S. trade deficit grows
The U.S. trade deficit widened in August as farmers sold fewer agricultural products overseas, offsetting the best month of sales for American-made cars on record. The trade deficit grew 0.4 percent in August to $38.8 billion, the Commerce Department reported Thursday. That’s up from $38.6 billion in July.
Ford exec considers Microsoft
Alan Mulally, the man who has led Ford Motor Co.’s turnaround from near financial ruin, would not say Thursday if he has talked to Microsoft about the CEO job at the software giant. “We don’t comment on the speculation,” Mr. Mulally said.
Job postings on upswing
The Labor Department said Thursday that job postings rose 75,000 to a seasonally adjusted 3.9 million in August. The Job Openings and Labor Turnover Survey, released Thursday, was delayed more than two weeks by the partial government shutdown.
Fed pushes for ‘liquidity’
The Federal Reserve on Thursday proposed that big banks keep enough cash, government bonds and other high-quality assets on hand to survive during a downturn on par with the 2008 financial crisis. The proposal subjects banks for the first time to “liquidity” requirements.