Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Article excerpt

Issues in emerging countries harm short-term steel outlook

A group representing global steel producers downgraded its short- term outlook, saying steel demand will grow only 2 percent this year and 2 percent in 2015. The World Steel Association blamed the weaker outlook on problems in emerging and developing countries. Demand in China will grow 1 percent this year and less than that next year, down sharply from its April forecast, the group said. U.S. demand will grow 6.7 percent this year and 1.9 percent in 2015, the association said.

County health department orders closed N. Side diner

House of Savvy/Dad's Diner on Perrysville Avenue on the North Side was ordered to close Friday by the Allegheny County Health Department as part of a nuisance bar task force raid. The facility was operating without a health permit and had several other serious health code violations, such as holding food at unsafe temperatures, according to a posting Monday on the health department's website. More details are available at

Low incomes, high debts may be hurting savings interest

Young adults' interest in setting aside savings declined sharply over the last year, according to data collected by the Consumer Federation of America's "America Saves" campaign. Personal savings interest fell to 68 percent for adults aged 18-34 in September, down from 77 percent a year earlier. Low incomes and high debts are likely to blame, the federation said.

FedEx says Kansas ruling based on an old practice

FedEx Corp. said a ruling by the Kansas Supreme Court that, under state law, its drivers are employees rather than independent contractors applies to a business practice it hasn't been using since 2011.

The company said it has switched to contracting with businesses that treat drivers as their employees. The Kansas top court issued its decision in response to a request by an appeals court in Chicago, which sought clarification as it reviews a 2010 ruling by a federal judge in Indiana who agreed with FedEx that the drivers aren't employees. The Kansas drivers are the lead case in 21 consolidated class-action lawsuits. …

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