Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Article excerpt

Action filed against bankrupt store owners

Owners of the former Consignments on Centre store at 5503 Centre Ave. may be required to fully repay about $50,000 to more than 200 people who consigned items to the store and did not receive the proceeds from the sale of their items, due to a filing Thursday by the state Attorney General's office. Kathleen and Edward Roche, who operated the store that closed last summer, proposed in a bankruptcy plan to repay consignors about 10 cents on the dollar, with the remainder being discharged. The Attorney General office's action challenges the dismissal of the remaining debt and, if successful, will result in consignors being able to seek repayment in full outside of bankruptcy.

Southwestern Energy to cut jobs by 40 percent

Southwestern Energy Co., one of the largest producers of Marcellus Shale oil and gas last year, is slashing its workforce by 40 percent, which includes about 200 employees in Appalachia. The Texas-based oil and gas company said 1,100 of its 2,700 employees will be affected. About 100 workers will be impacted in the company's southwestern Pennsylvania and West Virginia operations, and 100 in northeastern Pennsylvania. "Natural gas prices have continued to decline over the past year, creating conditions where cash flow to fund projects will be significantly lower than it has been the past few years," the company said in a statement.

EDMC to cease enrollment at 3 Art Institute sites

Education Management Corp. will stop accepting new applications from students at three more Art Institutes as the struggling for- profit education company tries to cut costs. Campuses in Tucson, Ariz., St. Louis and Los Angeles have ceased enrollment and will eventually be shuttered as students get their degrees or transfer to other schools, EDMC spokesman Bob Greenlee said. The closings will result in 41 job cuts.

Call center moving to Green Tree, adding jobs

Alorica, a call center, said it will hold a job fair Tuesday and Wednesday at its West Mifflin center to fill 300 jobs in customer service, sales and technical support. The company plans to move to Green Tree in March. Applicants from the Green Tree area may qualify for a commuting bonus until the new office opens. The job fair will be held 8 a.m. to 5 p.m. both days at 7045 Clairton Road.

GM launches Maven, a car-sharing service

General Motors Co. has launched a car-sharing service that lets users reserve and unlock vehicles with their smartphones. The service, called Maven, debuted Thursday in Ann Arbor, Mich., and will initially focus on serving students and faculty at the University of Michigan. GM vehicles are to be available at 21 spots throughout the city. Users can rent a car through a free smartphone app, which is also used to unlock the vehicle, GM said. …

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