NATION

NATION

RTI appoints Bryan Moss to board of directors

PITTSBURGH — RTI International Metals, which recently moved its headquarters from Weathersfield Township to suburban Pittsburgh, said Thursday that Bryan Moss has been appointed to its board of directors, effective June 2.

Moss served as president emeritus of Gulfstream Aerospace until March 31, 2008. He was president of Gulfstream Aerospace and executive vice president for General Dynamics Corporation’s Aerospace Group from 2003 to 2007.

Developer hopes to build skyscraper in Cleveland

CLEVELAND — A developer whose earlier plans for a high-rise office tower at a downtown Cleveland location fizzled now hopes to build a 21-story skyscraper at the site.

The $180 million proposal by the Richard E. Jacobs Group and a partner, the Houston-based Hines company, is planned at Public Square and will feature a glass facade. The building will cater to high-end tenants and could be open in three years.

An earlier Jacobs plan for a skyscraper at the same location was a bust in the early 1990s amid a business downturn.

Sears reports quarterly loss of $56 million

CHICAGO — Battered retailer Sears Holdings Corp. posted its largest quarterly loss Thursday since Sears and Kmart combined, providing surprising results far below Wall Street forecasts and issuing a dour sales forecast for the remainder of the year.

The company said it lost $56 million, or 43 cents per share, in its first quarter as it fought for shoppers and cut prices to clear merchandise from store floors.

From Vindicator staff and wire reports