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U.S. pending home sales improved in June

WASHINGTON: Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales.The National Association of Realtors said Monday that its pending home sales index rose...

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Uber plans to issue its own credit card with Barclays

NEW YORK: Riding-sharing company Uber plans to launch its own credit card, partnering with the British bank Barclays.The card will be coming later this year, Barclays said last week.Uber would be the...

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Akron revitalization fund nearly meets money goal; six projects now being...

The Akron Community Revitalization Fund is now fully capitalized, with six prospective economic development projects in Akron being reviewed, the Development Finance Authority in Summit County...

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Charter shoots down the idea of acquiring Sprint

LOS ANGELES: Cable television giant Charter Communications Inc. shot down the prospect of a merger with Sprint, despite interest by the wireless phone operator’s parent, SoftBank Group Corp. of Japan,...

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Discovery and Scripps seek to tie up in $12 billion TV deal

SILVER SPRING, MD.: Discovery Communications will buy Scripps Networks for close to $12 billion, tying together two powerful stables of TV shows ranging from Animal Planet to the Food Network.The deal,...

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Steelworkers and Goodyear, Bridgestone Americas reach tentative long-term...

The United Steelworkers union has reached tentative five-year contracts covering thousands of workers at tire makers Goodyear and Bridgestone Americas.The union and the tire makers reached the...

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U.S. hospitals set record for fast heart attack care

There’s never been a better time to be treated for a heart attack. U.S. hospitals have set a record for how quickly they open blocked arteries, averaging under one hour for the first time since these...

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Myers Industries shares rise on 2nd quarter earnings

Shares in Myers Industries Inc. rose Tuesday after the company released second quarter earnings and said it was making progress on improving profitability. Akron-based Myers, which makes rubber and...

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U.S. factory activity grew more slowly in July

WASHINGTON: U.S. factories expanded again last month — a good sign for the economy. But pace of growth was down from June.The Institute for Supply Management reports that its manufacturing index...

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Summertime blues for automakers as car sales decline again

DETROIT: U.S. sales of new cars and trucks showed declines in July as consumers pulled back on purchases and hoped for Labor Day deals.July was likely the seventh straight month of lower sales in a...

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Private equity firm buying big stake in Rover pipeline

Energy Transfer Partners in Dallas on Tuesday said it is selling nearly a third of its interest in the Rover natural gas pipeline project for almost $1.6 billion to a private equity fund.Blackstone...

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Myers Industries shares rise on second quarter earnings

Shares in Myers Industries Inc. rose Tuesday after the company released second quarter earnings and said it was making progress on improving profitability.Akron-based Myers, which makes rubber and...

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Summa Health releases Quality Report in effort to be more transparent

Summa Health on Tuesday released a 2016 Quality Report in an effort to be more transparent, the hospital said.The report is “an analysis of areas in which the health system excels, as well as areas...

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Business news briefs — Aug. 2

OIL/GASStake in Rover pipeline soldEnergy Transfer Partners in Dallas on Tuesday said it is selling nearly a third of its interest in the Rover natural gas pipeline project for almost $1.6 billion to a...

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U.S. factory activity grew more slowly in July

WASHINGTON: U.S. factories expanded again last month — a good sign for the economy. But the pace of growth was down from June.The Institute for Supply Management reports that its manufacturing index...

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Summertime blues: Car sales head for seventh straight down month

DETROIT: U.S. sales of new cars and trucks showed declines in July as automakers cut back on low-profit rental car sales and consumers waited for Labor Day deals.July was likely the seventh straight...

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Akron Dish: Taverne of Richfield staying open; Gridiron, BurgerFi closed;...

The historic Taverne of Richfield restaurant is not for sale. The Gridiron near the University of Akron and BurgerFi in Cuyahoga Falls are closed. The groundbeefapalooza that is the National Hamburger...

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Apple takes Dow over 22,000 points; other stocks fall

NEW YORK: Stocks are mostly lower Wednesday, but a big gain for Apple sent the Dow Jones industrial average above 22,000 for the first time. Movie theater companies and studios are tumbling after AMC...

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Next big leap for Apple? - augmented reality

SAN FRANCISCO: Apple’s iPhone may be ready for its next big act — as a springboard into “augmented reality,” a technology that projects life-like images into real-world settings viewed through a...

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Hundreds show up for jobs at Amazon warehouses in U.S. cities

FALL RIVER, Mass.: Hundreds of people showed up Wednesday for a chance to pack and ship products to Amazon customers, as the e-commerce company held a giant job fair at nearly a dozen U.S....

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