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Prosecutors sought access to Fed building Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, one of the people said. The two people familiar with the visit spoke on condition of anonymity because they weren’t authorized to publicly ...

Jet fuel supplies are greatly lagging

NEW YORK — A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn’t start flowing again soon — meaning higher airfares and flight cancellations as the summer travel season approaches. In an exclusive Associated Press interview, International Energy Agency Director Fatih Birol said Europe has “maybe six weeks” of remaining jet fuel supplies and said the global economy faces its “largest energy crisis.” In general, some European countries hold several ...

Ticker: Senator Warren calls for greater transparency

President Donald Trump’s nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee. Massachusetts Sen. Elizabeth Warren, the top Democrat on the panel, said she had met with Warsh Thursday and urged him to disclose more information about his assets than was included in financial disclosure forms released earlier this week. Warsh, a former top official at the Fed and a wealthy investor, listed financial assets worth well more than $100 million. It’s the latest hurdle for ...

Biddle’s Brewing to open firm’s third coffee shop in Bellwood

BELLWOOD — Biddle’s Brewing, which has locations in Williamsburg and Loretto, plans to open a third location at 500 Main St., Bellwood. The business owned, by Mike and Britt Biddle, is expected to open mid-summer. The Biddle’s roaster, Scott Miller of Appalachian Coffee Roasters, will be operating out of this building. “Bellwood felt like the perfect fit for him to increase his ever-growing business and we are excited to get into this venture together,” Mike Biddle said. Biddle said the couple wants to “reinvest” in rural Pennsylvania and Bellwood is currently ...

Biddle’s Brewing to open firm’s third coffee shop in Bellwood

BELLWOOD — Biddle’s Brewing, which has locations in Williamsburg and Loretto, plans to open a third location at 500 Main St., Bellwood. The business owned, by Mike and Britt Biddle, is expected to open mid-summer. The Biddle’s roaster, Scott Miller of Appalachian Coffee Roasters, will be operating out of this building. “Bellwood felt like the perfect fit for him to increase his ever-growing business and we are excited to get into this venture together,” Mike Biddle said. Biddle said the couple wants to “reinvest” in rural Pennsylvania and Bellwood is currently without ...

Briefcase: First National Bank honored

PITTSBURGH First National Bank, the largest subsidiary of F.N.B. Corporation, has once again earned nationwide recognition from Energage for its workplace culture and employee experience. In addition to its sixth consecutive Top Workplace USA award, co-presented by USA Today and Energage, and Top Workplace Financial Services award, the Bank added eight Top Workplaces Culture Excellence awards to its extensive list of honors. FNB also was recognized on Newsweek’s list of America’s Greatest Workplaces for Entry‑Level Employees. The company has total assets of more than $50 billion ...