Retiring boomers driving sales of small businesses
Baby boomers preparing for retirement are driving a surge in small-business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through...
View ArticleGoodyear art auction to feature high-end to squirrelly pieces
Goodyear’s boxing squirrels — and a lot more — are getting knocked out.We’re talking about artwork that the Akron tire maker accumulated and created over the decades, starting in the early part of the...
View ArticleFinancial condition of pre-retirees: Precarious
“We must all hang together, or assuredly we shall all hang separately.”That famous quote from Benjamin Franklin came to mind as I read a paper by three researchers who’ve made important contributions...
View ArticleWhatsApp mobile messaging moves to lead online race
Its chief executive claims it has more users than Twitter. It’s rumored to have just rebuffed a $1 billion buyout offer from Google.So what’s up with WhatsApp? And how has a San Francisco startup that...
View ArticleGoogle’s recipe for excitement
MOUNTAIN VIEW, CALIF.: Even though its ubiquitous Internet search engine practically mints money, Google Inc. was widely seen as a company whose best days were behind it.It was written off as the next...
View ArticleGas prices take big jump in Ohio
COLUMBUS: Gas prices have taken a big jump in Ohio and the U.S.A gallon of regular gas in Ohio was listed at an average of about $3.84 in Monday’s survey from auto club AAA, the Oil Price Information...
View ArticleYahoo takes big leap with $1.1 billion deal for Tumblr
SAN FRANCISCO: Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.The deal announced Monday...
View ArticleChesapeake Energy names Anadarko executive as new CEO
OKLAHOMA CITY: Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake’s...
View ArticleU.S. stocks decline as investors weigh stimulus timing, deals
NEW YORK: U.S. stocks declined Monday after the Standard & Poor’s 500 Index climbed four straight weeks, as investors weighed the pace of central bank stimulus efforts amid corporate...
View ArticleBusiness news briefs — May 20
LOCAL BUSINESSFirstEnergy meeting today FirstEnergy Corp. will have its annual shareholders meeting for the first time outside of its hometown today when it meets in Morgantown, W.Va. The Akron-based...
View ArticleChesapeake Energy says Anadarko executive Lawler to be CEO
Chesapeake Energy Corp., the second-largest U.S. natural gas producer, said former Anadarko Petroleum Corp. executive Robert Douglas Lawler will become chief executive officer effective June 17.Lawler,...
View ArticleHospital encourages parents to embrace ‘kangaroo care’
Akron Children’s Hospital is encouraging patient families to embrace the concept of “kangaroo care.”The hospital’s neonatal intensive care unit launched a “kangaroo-a-thon” last week that continues...
View ArticleYahoo’s Mayer to buy Tumblr for $1.1 billion
Yahoo! Inc.’s $1.1 billion acquisition of blogging network Tumblr Inc., announced Sunday, is Chief Executive Officer Marissa Mayer’s bid to lure users and advertisers with her priciest acquisition to...
View ArticleTell the ‘Does It Work?’ team what you think about products
The “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 product reviews, to be published...
View ArticleJPMorgan Chase in Ohio sees tax credit approval
COLUMBUS: JPMorgan Chase & Co. is among several companies that have received approval for job creation tax credits in Ohio.The Ohio Tax Credit Authority on Monday approved assistance for 10...
View ArticleTeens migrating to Twitter, poll shows
WASHINGTON: Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online...
View ArticleBusiness news briefs — May 21
LOCAL BUSINESSManufacturers rankedGoodyear was listed as the sixth-largest Northeast Ohio manufacturing company in a new ranking published by Crain’s Cleveland Business in its May 20 issue. The...
View ArticleSummit County unemployment rate drops
Summit County’s jobless rate in April fell to its lowest level for that month since 2008.The county’s rate dropped to 6.4 percent last month, its lowest since April 2008 when the rate was 5.1 percent,...
View ArticleU.S. bankruptcy judge handling Fair Finance case to retire
Longtime Akron-based U.S. Bankruptcy Judge Marilyn Shea-Stonum will retire from the bench by the end of April.Shea-Stonum announced the decision during a regular open-court conference Tuesday morning...
View ArticleFirstEnergy holds shareholders meeting outside Akron, keeps it short; dozens...
By Betty Lin-FisherMORGANTOWN, W.VA.: FirstEnergy Corp.’s annual meeting lasted six more minutes this year than last. But it was still short. Officials of the electricity giant and parent of Ohio...
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