Average rate on 15-year U.S. mortgage above 3 percent
WASHINGTON: The average U.S. interest rate on a 15-year fixed mortgage rose above 3 percent this week for the first time in a year, while the rate on the 30-year fixed loan approached 4...
View ArticleStock market ends choppy day with modest gains
NEW YORK: A bouncy ride on Wall Street ended with a modest gain Thursday.The stock market broke a two-day losing streak as traders reacted to news from Europe and looked ahead to the government’s...
View ArticleBusiness news briefs — June 6
BEVERAGESInterest in SodaStream?Israeli media reported that PepsiCo Inc. and Coca-Cola Co. are considering bids for the home soda-machine maker SodaStream International.PepsiCo denied the report on...
View ArticleOhio gas prices hovering around $4 a gallon
CLEVELAND: Ohio motorists are getting a sinking feeling as they pull up to the pumps this week. Gas prices are way up and now are hovering around $4 a gallon.Rising oil prices amid fears about refinery...
View ArticleKasich revising Ohio drilling-tax plan
COLUMBUS: Gov. John Kasich is trying to line up support in Ohio’s drilling heartland for his proposed oil-and-gas tax increase by offering to send a quarter of the proceeds back to Appalachia.The...
View ArticleOhio economy grew slightly in 2012
DAYTON, OHIO: Ohio’s economy grew slightly last year for the third consecutive year, according to the latest national statistics.But the state’s real gross domestic product increase of 2.2 percent in...
View ArticleU.S. employers add 175,000 jobs, unemployment rate up to 7.6 percent
WASHINGTON: The U.S. economy added 175,000 jobs in May, a gain that shows employers are hiring at a still-modest but steady pace.The Labor Department said Friday that the unemployment rate rose to 7.6...
View ArticleNew Diebold CEO excited over opportunities he sees
Andreas “Andy” Mattes is in his second day as president and chief executive officer of Diebold Inc. and says there are four areas the $3 billion global company needs to focus on.Those areas are cost...
View ArticleReader opinions: Pocket Hose, WaxVac, Wraptastic
Beacon Journal readers are all over the board in their opinions of the Pocket Hose.When we asked readers to weigh in on the products we tested for today’s Does It Work? feature, we got eight responses...
View Article‘Does It Work?’ verdicts
WraptasticClaims: Just pull, press and wrapWhat We Paid: $10.88Available: Stores, online, TVVerdictS: Betty: It depends Lisa: It depends Mary Beth: It dependsPocket HoseClaims: Fits in a pocket but...
View ArticleBusiness news briefs — June 7
TIRE INDUSTRYBridgestone makes promotionNashville-based Bridgestone Americas has promoted Steve Shelton to senior vice president of technology, manufacturing and procurement at Bridgestone Americas...
View ArticleMore on Ohio.Com
A video look at Alcoa’s Barberton cast house and recycling operation is available online at www.youtube.com/watch?v=G09XcSyPvHg.
View ArticleWalmart plans $15 billion more in stock buybacks
FAYETTEVILLE, ARK.: Wal-Mart Stores Inc. announced a $15 billion share buyback program at its annual shareholders meeting on Friday, as the world’s largest retailer faces increasing scrutiny from...
View ArticlePension loans potentially ruinous, often illegal
Shut out by conventional lenders, people with low incomes or bad credit have long been targeted by high-cost operators offering payday loans, car title loans and the like. In the past few years, a new...
View ArticleStocks jump after jobs report beats forecasts
NEW YORK: Steady growth in hiring last month sent the stock market sharply higher Friday.U.S. employers added 175,000 jobs in May, slightly more than the 170,000 forecast by economists, according to...
View ArticleU.S. pickup sales leading best industry year since 2007
Business is booming at Pioneer Natural Resources Co., an oil and gas exploration company, and so is its demand for pickups. Pioneer bought more than 250 new Ford F-Series trucks since August and is...
View Article3-D printing predicted to mold our tomorrows
KANSAS CITY, MO.: Tim Middleton lives and breathes now, but the mind of the 42-year-old Eudora, Kan., man often floats to the future, to what one might call the printable life.It is a time — with...
View ArticleMelting aluminum goes clean and green at Alcoa Barberton plant
It’s likely most people driving on Norton Avenue past the Alcoa Wheel & Transportation Products campus in Barberton don’t pay much, if any, attention to the newest structure set back on the...
View Article“Does It Work?”: Wraptastic, Pocket Hose, Smart Twist Cleaning System, Flower...
From those amped-up TV ads, you have to wonder how humanity survived before collapsible garden hoses and earwax vacuums.This week, consumer reporter Betty Lin-Fisher, food writer Lisa Abraham and I...
View ArticleBachelor degree not only path to science, math jobs, study says
Only half of science, technology, engineering and math jobs require a bachelor’s degree, according to a new Brookings Institution report. That should inform how the U.S. government invests in...
View Article