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Pittsburgh Newsletter (October 31st)

Pittsburgh Newsletter (October 31st)

Here are the latest news stories and upcoming events in Pittsburgh.

October 31, 2024

Quote of the Week

"Only those who dare to fail greatly can ever achieve greatly."

— Robert F. Kennedy

BofA says +80% of young, wealthy investors want this asset—now it can be yours.

A 2024 Bank of America survey revealed something incredible: 83% of HNW respondents 43 and younger say they currently own art, or would like to.

Why? After weathering multiple recessions, newer generations say they want to diversify beyond just stocks and bonds. Luckily, Masterworks’ art investing platform is already catering to 60,000+ investors of every generation, making it easy to diversify with an asset that’s overall outpaced the S&P 500 in price appreciation (1995-2023), even despite a recent dip.

To date, each of Masterworks’ 23 sales has individually returned a profit to investors, and with 3 illustrative sales, Masterworks investors have realized net annualized returns of +17.6%, +17.8%, and +21.5%

The content is not intended to provide legal, tax, or investment advice.

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Pittsburgh's Phipps Conservatory and Botanical Gardens were founded in which year?

A) 1869

B) 1893

C) 1924

D) 1955

Answer to Last Week's Trivia:

The Nationality Rooms at the University of Pittsburgh are located in B) Cathedral of Learning.

News

💼Business

EQT to sell nonoperated natural gas assets for $1.25B. (Link)

UPMC to raise starting rate for nurses in Pittsburgh hospitals. (Link)

🏒Sports

Photos show Marc-Andre Fleury's emotional return to Pittsburgh for final time. (Link)

Former Penguins Marc-Andre Fleury returns to Pittsburgh for final time amid retirement tour. (Link)

🏦Finance

K&L Gates hires firmwide diversity and inclusion director. (Link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🏈 Mercyhurst Lakers at Duquesne Dukes Football
Arthur J. Rooney Athletic Field, Pittsburgh
Saturday, Nov. 2nd | (More info)

🏒 Montreal Canadiens at Pittsburgh Penguins
PPG Paints Arena, Pittsburgh
Saturday, Nov. 2nd | (More info)

Music & Concerts

🎶 Billy Ocean
Rivers Casino, Pittsburgh
Saturday, Nov. 2nd | (More info)

🎤 Don Toliver
PPG Paints Arena, Pittsburgh
Sunday, Nov. 3rd | (More info)

Family

📖 Sunday Storytime at Squirrel Hill
5841 Forbes Ave, Pittsburgh
Sunday, Nov. 3rd | (More info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “Spaceport integrated into Pittsburgh's central hub” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Pittsburgh Historical Events

1877: The Great Railroad Strike of 1877, affecting Pittsburgh, marks one of the first major labor conflicts in the U.S.

In 1877, the Great Railroad Strike of 1877 shook the city of Pittsburgh and marked one of the earliest and most significant labor conflicts in the history of the United States. The strike was a response to wage cuts and poor working conditions imposed on railroad workers, leading to widespread unrest and protests. Pittsburgh, a major hub for the railroad industry at the time, became a focal point of the strike, with workers from various railroad companies joining forces to demand fair treatment and better pay. The strike quickly escalated into a violent and chaotic confrontation between the workers and the authorities, leaving a lasting impact on the labor movement in the U.S.

The Great Railroad Strike of 1877 in Pittsburgh was a pivotal moment in the history of labor rights and worker solidarity. The strike brought attention to the plight of industrial workers and highlighted the growing tensions between labor and management in the rapidly industrializing nation. The events in Pittsburgh served as a catalyst for the formation of labor unions and the development of organized labor movements, laying the groundwork for future advocacy for workers' rights and fair labor practices.

The legacy of the Great Railroad Strike of 1877 in Pittsburgh endures as a reminder of the struggles and sacrifices made by early labor activists in the fight for social and economic justice. The events of 1877 continue to be studied and commemorated as a pivotal chapter in the history of labor relations in the United States, shaping the trajectory of the labor movement and inspiring generations of workers to stand up for their rights.

Famous People From Pittsburgh

Roberto Clemente (1934–1972): Professional baseball player and humanitarian.

Roberto Clemente had a Hall of Fame career with the Pittsburgh Pirates from 1954 to 1972. His exceptional talent and dedication to the sport made him a beloved figure in the world of baseball. Clemente's impact extended far beyond the baseball field, as he became a symbol of hope and inspiration for many.

Early Life and Passion for Baseball (1934-1953)

Born in 1934 in Carolina, Puerto Rico, Roberto Clemente's passion for baseball was ignited at a young age. His early years were marked by a deep love for the sport and a determination to succeed despite the challenges he faced. Clemente's journey to greatness began with his unwavering commitment to honing his skills and overcoming obstacles.

Rising Star in Major League Baseball (1954-1960)

Clemente's talent and dedication led him to join the Pittsburgh Pirates in 1954, marking the beginning of his remarkable career in Major League Baseball. His exceptional performance on the field quickly earned him recognition as a rising star, captivating fans with his extraordinary athleticism and skill.

Glory with the Pittsburgh Pirates (1961-1972)

The peak of Clemente's career was marked by his tenure with the Pittsburgh Pirates, where he achieved numerous milestones and accolades. His contributions to the team's success, including two World Series championships, solidified his status as one of the greatest players in baseball history.

Humanitarian Work and Community Impact (1960s-1972)

Clemente's impact extended beyond the baseball diamond, as he dedicated himself to humanitarian work and community service. His advocacy and community involvement increased alongside his ascent to baseball stardom, making him a beacon of hope and inspiration for many.

Legacy of Roberto Clemente

Roberto Clemente's legacy continues to inspire and resonate with people around the world. His impact as a professional baseball player and humanitarian has left an indelible mark on the sport and the lives of those he touched. Remembering Roberto Clemente is a celebration of his enduring legacy and the values he embodied.

Key Achievements of Roberto Clemente:

Hall of Fame career with the Pittsburgh Pirates from 1954 to 1972.
Two World Series championships with the Pittsburgh Pirates.
Dedication to humanitarian work and community service.
Inducted into the National Baseball Hall of Fame posthumously in 1973.
Remembered as a symbol of hope, inspiration, and excellence.

Roberto Clemente's story is one of perseverance, excellence, and unwavering commitment to making a positive impact both on and off the baseball field. His legacy continues to inspire future generations and serves as a testament to the power of sports in bringing about positive change.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Matthew Larsen