Pittsburgh's Growth Sparked by Frackers City Banned

Aug. 9 (Bloomberg) -- Pittsburgh Mayor Luke Ravenstahl, Dennis Yablonsky, chief executive officer of the Allegheny Conference on Community Development, and Darlene Harris, Pittsburgh City Council president, talk about the impact of the natural gas industry on Pennsylvania's second-biggest city. Drilling into Marcellus shale deposits is banned in Pittsburgh, yet hydraulic-fracturing, or fracking, operations in the countryside nearby have helped bring in jobs and boost demand for city office space. (Source: Bloomberg)
Equity Valuations Lofty, Earnings Lousy: Morganlander
26:05 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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