Area teen raises diabetes awareness
A local teen is using his own unexpected diagnosis to raise awareness about diabetes.Alex Schmidt, 16, of New Franklin, has been sharing his experiences and positive attitude through a blog since...
View ArticleTimken to look into spinning off steel business
The Timken Co. has hired investment firm Goldman Sachs and created a special committee to look into whether it should split itself into two.The announcement, which came after the stock market closed...
View ArticleS&P raises U.S. credit outlook to stable
WASHINGTON: Citing the strength of the U.S. economy and the dollar’s standing in the world, Standard & Poor’s on Monday raised its outlook on the U.S. credit rating — even as the ratings agency...
View ArticleAkron Children’s ranks among nation’s best pediatric hospitals
Northeast Ohio has three of the best hospitals to care for kids, according to the latest national rankings released today by U.S. News & World Report.Akron Children’s Hospital ranks in the top 50...
View ArticleNortheast Ohio hospitals rank in U.S. News Best Children’s Hospitals list
RANKING SPECIALTIESThese Northeast Ohio pediatric hospitals are ranked among the nation’s 50 best children’s hospitals in the following specialties by U.S. News & World Report: Akron Children’s...
View ArticleBusiness news briefs — June 11
LOCAL BUSINESSDollar General to be builtThe Akron City Council approved plans this week for a new Dollar General store at 525 E. Waterloo Road.This will be the latest of several Dollar General stores...
View ArticleGPD acquires W.E. Stilson in Columbus
Akron engineering and architectural firm GPD Group has acquired a Columbus-based firm.GPD already had operations in Columbus, doing work for the Ohio Department of Transportation, in addition to...
View ArticleTime Warner Cable to test video guide in selected cities
Time Warner Cable Inc., the second-largest U.S. cable provider, will test its cloud-based video guide in New York City, Los Angeles and Syracuse starting in September, Chief Operating Officer Rob...
View ArticleStocks dive as volatility returns
NEW YORK: Stocks declined sharply Tuesday after the Bank of Japan opted to hold its monetary policy steady, raising concerns that central banks will not provide additional economic stimulus.The U.S....
View ArticleSoftBank’s increased Sprint bid puts decision back to Dish
It’s your move, Charlie Ergen.After SoftBank Corp. raised its offer for Sprint Nextel Corp. to $21.6 billion Monday, the spotlight returns to Ergen, the Dish Network Corp. chairman who made an...
View ArticleAnalysts: Midwest drivers to see lower gas prices
LANSING, MICH.: The worst may be over for drivers in the upper Midwest who have been grappling with the highest gasoline prices in the continental U.S.Analysts said one major Illinois refinery is back...
View ArticleSony unveils PlayStation 4 console, taking fight to Microsoft
Sony Corp. unveiled the PlayStation 4, its first new console in seven years, taking the battle to Microsoft Corp. with a lower-priced machine, original content and fresh titles as it targets a return...
View ArticleTimken’s largest shareholder to ‘look forward to’ steel spinoff decision
Timken’s announcement that it will explore splitting itself into two publicly traded companies is seen as a hopeful sign by its largest shareholder, which has pushed for such a...
View ArticleIndia’s Apollo Tyres to buy Ohio’s Cooper Tire for $2.22 billion
India’s Apollo Tyres Ltd. is buying Ohio’s Cooper Tire & Rubber Co. for about $2.22 billion, boosting its presence in North America and other key markets around the world.Apollo said Wednesday that...
View ArticleNew Myspace takes it back to the future
NASHVILLE, Tenn.: Tim and Chris Vanderhook think Myspace had it right — at one point. And they believe they’ve revived and improved that formula for success as the revamped first titan of social media...
View ArticleNot all new Apple features made the spotlight
SAN FRANCISCO: With such a plethora of fancy new features from the iOS 7 and OS X Mavericks operating systems that Apple Inc. unleashed upon the world at this week’s Worldwide Developers conference, it...
View ArticleCooper Tire buyout by Apollo also lifts Goodyear stock
News that a large India-based tire company is paying a premium to buy Findlay-based Cooper Tire & Rubber Co. helped boost Akron competitor Goodyear’s stock as well on Wednesday.Apollo Tyres Ltd.,...
View ArticleBusiness news briefs — June 12
LOCAL BUSINESSDrilling in AshtabulaA Texas-based energy company has received the first Utica shale permit for Ohio’s Ashtabula County.Beusa Energy LLC got a permit from the Ohio Department of Natural...
View ArticleTime Warner Cable moves to keep programming away from Web providers
Time Warner Cable Inc. and other pay-TV operators are offering incentives to media companies that agree to withhold content from Web-based entertainment services such as those pursued by Intel Corp....
View ArticleStocks slide; Dow below 15,000
NEW YORK: The stock market ended lower Wednesday as traders looked ahead to a critical Federal Reserve meeting next week.Without any major economic news, traders grappled with the question hanging over...
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