Old railroad building coming down to make way for Akron student housing
As contractors have begun chipping away at the old Erie warehouse in downtown Akron, railroad enthusiast Fred Stuckmann has been there, snapping pictures of the process.The building was once a freight...
View ArticleU.S. stocks advance; Dow hits all-time high
NEW YORK: Stocks advanced Friday as the Standard & Poor’s 500 index rallied for a third straight week, amid optimism that the U.S. economy is improving.Gap Inc. added 5.6 percent, pacing gains with...
View ArticlePublic pensions are nice deals if they can be delivered
Q: I am facing a difficult retirement funding decision. I am a 52-year-old municipal employee. I’m vested in a defined-benefit plan. It will provide me a lifetime annuity beginning at age 62. I have...
View ArticleNissan profit up 46 pct. on strong sales, weak yen
TOKYO: Nissan’s fiscal fourth quarter profit jumped 46 percent on stronger sales and a favorable currency exchange rate that offset declines in China over a bitter territorial dispute.Nissan Motor Co....
View ArticleForeign trade zones can help businesses save money; experts to speak at...
Area companies can learn about foreign trade zones — where they can defer, reduce or avoid customs duties — at a half-day seminar featuring trade-zone experts May 30 at Firestone Country Club in...
View ArticleFund manager: Don’t get caught up in Asia numbers
Investors are worried about the slow pace of U.S. economic growth, but we’re just one player in the international arena. To assess the global outlook, two numbers are critical: China’s gross domestic...
View ArticleYRC weighing Arkansas Best, pledges no repeat of merger woes
YRC Worldwide Inc.’s possible revival of a spurned bid to acquire trucker Arkansas Best Corp. is being shaped by lessons from its brush with bankruptcy because of a merger spree, Chief Executive...
View ArticleAirship shunned by Pentagon seeks new role as cargo demonstrator
Hybrid Air Vehicles Ltd., the United Kingdom company seeking to develop a commercial airship, may repurchase a model sold to the U.S. Army following termination of Pentagon plans to use the blimp for...
View ArticleBusiness news briefs — May 10
LOCAL BUSINESSWinery proposed in GreenTed Swaldo, owner of Gervasi Vineyard in Canton, has proposed buying the 16,000-square-foot Belden Lodge and more than eight acres in Green’s Southgate Park for a...
View ArticleOil ventures could tap Utica shale in Stark, Tuscarawas counties
A Texas energy company said Friday that it intends to determine how best to drill for oil in Stark and Tuscarawas counties in Ohio’s Utica shale.EV Energy Partners said it wants to form one or more...
View ArticleTire company headquarters come and go; Goodyear is steadfast
Goodyear is the last one standing — when it comes to being a tire company headquartered in Akron.On Thursday, Goodyear reaffirmed its commitment to the city when it dedicated its new $160 million...
View ArticleUniversity Park Alliance regrouping as funding temporarily “on hold”
The University Park Alliance, a nonprofit partnership of key city institutions working on redevelopment of Akron’s urban neighborhoods, has cut staff and is not paying consultants after having a major...
View ArticleSouthwest ending flights to Chicago in November
Southwest Airlines is ending round-trip flights from Akron-Canton Airport to Chicago’s Midway International Airport starting in early November.“As of this point, the Chicago flights are removed,” said...
View ArticleComing up
COMING MONDAY: Review of Samsung Galaxy 4S phone; how Google Now’s speaking assistant complements Apple’s Siri.
View ArticleTell the ‘Does It Work?’ team what you think about products
What’s your review?The Beacon Journal’s “Does It Work?” team — food writer Lisa Abraham, home writer Mary Beth Breckenridge and consumer writer Betty Lin-Fisher — is getting ready for another round of...
View ArticleBusiness calendar — May 12
TuesdayToastmasters Akron 151 — 6:30 to 8 p.m., Summa St. Thomas Hospital, 444 N. Main St., Akron. Information: 330-733-7683.Northeast Ohio Business Alliance — 7:30 to 9 a.m., Real Estate Capital...
View ArticleDo all those 0 percent credit-card offers mean free money?
Credit-card companies are once again offering free money — or it sure looks free when you see a huge 0 percent plastered on the envelope.Open that new plastic, buy now and get 0 percent until August...
View ArticleBusiness news solutions briefs — May 12
WORKPLACEAvoid sales pitchQ: The head of our department has been pressuring employees to purchase products from her husband, who recently began selling diet supplements through a multilevel marketing...
View ArticleBusiness news briefs — May 12
COMMUNICATIONSAT&T settles issueThe federal government said AT&T will pay $18.25 million to settle charges related to operating services that are designed for use by the deaf and...
View ArticleBetty Lin-Fisher: Consumer alerts, natural gas/electricity update, insurance...
The Ohio Department of Aging has issued a consumer alert for older adults following several incidents in southern Ohio of scammers impersonating staff of elder services agencies to attempt to get...
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