BUSINESS DIGEST ||

UPMC retirement

NEW CASTLE, PA.

UPMC Jameson President Doug Danko on Wednesday announced he will retire this summer after 42 years of service to the hospital. Don Owrey, president at UPMC Horizon since 2009, will step into the role of president of both UPMC Jameson and UPMC Horizon on July 1. Danko will assist in the executive transition until his retirement June 30.

FAMILY Act

WASHINGTON

U.S. Sen. Sherrod Brown, a Democrat from Cleveland, has introduced paid sick- leave and paid family- and medical-leave legislation.

The Healthy Families Act would allow workers to earn up to seven paid sick days a year to care for a family member and to address personal medical needs.

The FAMILY Act would create an insurance plan that provides workers up to 12 weeks of time off from work to tend to family and medical crises. During those 12 weeks, workers are able to earn up to 66 percent of their income capped at $1,000 per month.

Apology wanted

FORT LAUDERDALE, Fla.

President Donald Trump’s $25 million settlement of a class-action lawsuit that alleged fraud at his now-defunct Trump University may be put on hold because a former student in Florida wants a full refund plus interest and an apology.

A federal judge in San Diego will decide today whether to let Sherri Simpson opt out of the settlement and sue the president individually.

Simpson, a Fort Lauderdale bankruptcy and consumer-rights attorney, told The Associated Press on Wednesday that she thinks Trump should acknowledge wrongdoing and apologize. Simpson and a partner paid $35,000 in 2010 to enroll in Trump University’s “Gold Elite” program. Under terms of the settlement, Trump admitted no wrongdoing and the students will get back 80 percent of their enrollment fees – about $28,000 for Simpson and her partner.

Westinghouse files for bankruptcy

TOKYO

Japan’s embattled Toshiba Corp. said Wednesday that its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, marking a key step in its struggles to stop the flow of massive red ink.

Toshiba said in a statement that it filed the Chapter 11 petition in the U.S. Bankruptcy Court of New York. The move had been largely expected.

Toshiba has said it’s expecting a loss of $4.3 billion for April-December of last year, including a $6.2 billion hit from its embattled nuclear business. It said Wednesday that it was working out revised numbers, and warned that the loss for the fiscal year may grow to $9 billion.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1232.90-0.02

Aqua America, .71 32.190.08

Avalon Holdings,2.32-0.11

Chemical Bank, .2750.21-0.05Community Health Sys. 8.81 -0.44

Cortland Bancorp, .2818.200.30

Farmers Nat., .1613.25-0.10

First Energy, 1.44 31.57-0.03

Fifth/Third, .5225.04-0.20

FirstMerit Corp.,21.610.37

First Niles Financial, .1211.000.05

FNB Corp., .4814.64-0.09

General Motors, 1.5235.55-0.01

General Electric, .9229.680.06

Huntington Bank, .28 13.220.00

iHeartMedia Inc.,3.60-0.01

JP Morgan Chase, 1.9288.25-0.35

Key Corp, .3417.510.02

LaFarge, .3417.570.00

Macy’s, 1.51 29.270.72

Parker Hannifin, 2.52 158.930.50

PNC, 2.20119.35-0.92

Simon Prop. Grp., 6.60169.861.81

Stoneridge 18.250.24

United Comm. Fin., .12 8.37-0.03

Selected prices from Wednesday’s 4 p.m. close.