Microsoft reveals Xbox One, next-generation gaming
Microsoft unveiled its first new Xbox in almost eight years on Tuesday, seeking to position the console at the center of games and home entertainment against a growing list of competitors that includes...
View ArticleOhio injection well operator fights state action
COLUMBUS: A Northeast Ohio injection well operator whose owner faces federal charges of violating the Clean Water Act is seeking permission to resume operations.D&L Energy of Youngstown will ask...
View ArticleBusiness news briefs — May 22
LOCAL BUSINESSPD changes delivery daysThe Plain Dealer will reduce the frequency of home delivery from seven days to four days beginning the week of Aug. 5. The home delivery days will be Wednesdays,...
View ArticleFerro shareholders elect two dissident directors to board
Specialty chemicals company Ferro Corp., which has been fighting a hostile takeover bid from A. Schulman Inc. of Fairlawn, has two new directors on its board.Ferro shareholders on Wednesday approved...
View ArticleVolkswagen to put special fuel caps on diesels
DETROIT: Volkswagen is replacing the fuel tank covers on more than 200,000 of its diesel vehicles sold in the U.S. and Canada to remind owners to fill their tanks with diesel — not gasoline.The company...
View ArticleHonda sets growth plan as delayed plane venture nears final test
Honda Motor Co. will boost staffing at its aircraft unit by as much as 50 percent as it expands production of the new HondaJet to about 90 a year to compete with business-jet makers Cessna and Embraer...
View ArticleU.S. home sales tick up to highest in 3½ years; Summit sales down slightly
WASHINGTON: Sales of previously occupied U.S. homes ticked up last month to the highest level in 3½ years, helped by a jump in the number of properties available.But in Summit County, the sales are...
View ArticleTarget’s first-quarter earnings drop 29% on weak sales
Target Corp., the second-largest U.S. discount retailer, said first-quarter earnings fell 29 percent and cut its forecast for profit this year as higher taxes and cooler temperatures hampered sales.Net...
View ArticleU.S. unemployment aid applications fall to 340,000
WASHINGTON: The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health.Applications for unemployment aid...
View ArticleBusiness news briefs — May 23
LOCAL BUSINESSKeyCorp names executiveKeyCorp has named Donald R. Kimble as its new chief financial officer.The parent of KeyBank, which is based in Cleveland, announced earlier this month that Jeffrey...
View ArticleProfit of Sterling Jewelers’ parent sparkles; up 11 percent for quarter
Signet Jewelers Ltd., parent of Akron-headquartered Sterling Jewelers, said Thursday that net income was up 11.3 percent for the first quarter, with healthy sales increases at the Kay and Jared jewelry...
View ArticleIsidore Myers, last of Myers Industries founding brothers, dies at 96
Isidore C. Myers, the last of the brothers who created Myers Industries Inc. in Akron, died Monday in Newport Beach, Calif., at 96. The family said he had been ill a short time. Myers, along with...
View ArticleU.S. stocks retreat on China data, Fed stimulus speculation
NEW YORK: Stocks retreated Thursday, giving benchmark indexes their first back-to-back drops in one month, as a contraction in China manufacturing offset American housing data and investors weighed...
View ArticleStruggling ethanol makers hope to snap back
FAIRMONT, MINN.: Farmer Dwayne Ehlert remembers the moment last August when he delivered a truckload of corn to an ethanol plant here and sold it for a record $8.16 a bushel.“I knew it was good for me,...
View ArticleNetflix bets big on ‘Arrested Development’
The Fox TV network show Arrested Development has been off the air for seven years — or about twice as long as the comedy was originally broadcast — but absence has only seemed to make the hearts of...
View ArticleU.S. durable goods orders rise 3.3 percent in April
WASHINGTON: U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding...
View ArticleBusiness news briefs — May 24
LOCAL BUSINESSCash mob plannedNeighborhood organizations in West Akron are encouraging shoppers to support businesses on Hawkins Avenue at the Hawkins and New Seasons plazas today for what is called a...
View ArticleSchools set business programs
Seven Akron schools and two Canton schools are the beneficiaries of Westfield Bank’s annual sponsorship to bring a Web-based financial literacy program to area schools.Ellet High School was the first...
View ArticleStocks barely budge; market ends week with loss
NEW YORK: Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.The Standard & Poor’s 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones...
View ArticleMunicipal bond investors on edge over tax proposal
Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.An index of municipal bond mutual funds has recently been yielding around 2.18...
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