Dozen threats to water, air, land emerge as biggest shale-drilling risks
CLEVELAND: Storage and treatment of liquid drilling wastes, air emissions of methane, water withdrawals for drilling and site construction are among the biggest problems facing shale gas drilling in...
View ArticleSales of previously occupied homes surpass 5 million in May
Nationally, sales of previously occupied homes surpassed the 5 million mark in May, the first time that’s happened in 3½ years.The National Association of Realtors said Thursday that home sales rose...
View ArticleU.S. leading indicators index up 0.1 percent
WASHINGTON: A measure of the U.S. economy’s future health improved only slightly in May. But the modest gain followed a jump in April that suggests economic growth could pick up later this year.The...
View ArticleBusiness news briefs — June 20
LOCAL BUSINESSDozens wait for LeBron shoesMore than two-dozen people —including some from out of state — camped out Thursday in front of the Next clothing/footwear store on West Market Street in West...
View ArticleASCOT PARK COMPANIES
The Ascot Industrial Park is one of several industrial and corporate parks developed by the city of Akron.Ascot, in northern Akron, boasts roughly 200 acres, including 50 that are available for...
View ArticleDow loses 353 points with end of stimulus on horizon
NEW YORK: Stocks tumbled on Thursday, with the Standard & Poor’s 500 index suffering its worst session since November 2011, hit by fear that the Federal Reserve will scale back its bond purchases...
View ArticleRate on 30-year mortgage falls to 3.93 percent
WASHINGTON: Mortgage interest rates fell for the first time in seven weeks, keeping the average on the 30-year fixed loan just under 4 percent. But rates are expected to surge next week, as markets...
View ArticleTop chemical distributor leaving Akron for Twinsburg Township
One of the country’s top chemical distributors is moving from Ascot Industrial Park in Akron to a larger facility in Twinsburg Township.HB Chemical Inc., which distributes chemicals primarily to mixers...
View ArticleOhio Supreme Court agrees to hear drilling appeal from Munroe Falls
The Ohio Supreme Court has agreed to hear a case from Summit County on whether local governments have any say in gas-oil drilling.The closely watched case involves the city of Munroe Falls and...
View ArticleGoodyear’s old headquarters recommended for National Register of Historic Places
A state panel on Friday endorsed Goodyear Tire & Rubber Co.’s old headquarters to the prestigious National Register of Historic Places.The recommendation was approved by the 17-member Ohio Historic...
View ArticleBuehler’s in talks to buy Portage Lakes IGA
Negotiations are ongoing for Portage Lakes IGA to be sold to Buehler’s Fresh Foods, both companies said in a news release today.It is believed to be Buehler’s first foray into Summit County. Buehler’s...
View ArticleNot happy with return on assets? Try discarding liabilities
A large part of the mail I receive is related to poor returns from the safest investments. Returns from Treasury bills, money-market instruments and short-term savings accounts are lower than 1...
View ArticleNew Silverado a more modern beast
Americans are feeling so comfortable with their bank accounts these days that they’re re-embracing a Super Gulp mentality. They’re eating more hamburgers — at restaurants. They’re back to buying...
View ArticleStocks recover on Wall Street after a two-day plunge
NEW YORK: Traders decided that the stock market has suffered enough, at least for now.After a two-day plunge, stocks ended the week with an advance on Friday, suggesting that Wall Street may be...
View ArticleBusiness news briefs — June 21
LOCAL BUSINESSGoodyear exec departsDamon Audia, Goodyear Tire & Rubber Co. senior vice president, business development, will be handling the tire maker’s investor relations temporarily.Gregory A....
View ArticleEx-Enron CEO gets 10 years cut from prison sentence
HOUSTON: One of the country’s most notorious financial scandals came to a protracted legal conclusion Friday as ex-Enron Corp. CEO Jeffrey Skilling — already in prison for his role in the once-mighty...
View ArticleInvestors are flooding into floating-rate funds
For most bond mutual funds, rising interest rates are kryptonite.Higher rates on newly issued bonds make the lower yields on older bonds in their portfolios less attractive, and the price of those...
View ArticleLocal, national car sales rise
New car and light truck sales in Northeast Ohio continue to climb.Sales in May rose nearly 12 percent from a year ago in the 21-county region of the Greater Cleveland Automobile Dealers Association.And...
View ArticleBioInnovation Institute encourages young entepreneurs with summer academy
When other teens talk about how they spent their summer vacation, Copley junior Robert Wagner will be able to say he created a device that could someday save a life.Wagner, 16, of Fairlawn was one of...
View ArticleSimulator teaches teens the dangers of texting, driving
Fifteen-year-old David Henderson doesn’t drive yet, but he got a firsthand look on Friday about how dangerous texting and driving can be.During a workshop at the Jack and Jill of America Midwestern...
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