Hostess: Twinkies to return to shelves July 15
Hostess is betting on a sweet comeback for Twinkies when they return to shelves next month.The company that went bankrupt after an acrimonious fight with its unionized workers last year is back up and...
View ArticleAkron boy lobbies on behalf of Children’s in capital
Caleb Thurman and his mother, Charice Fort, went to Washington, D.C., to meet with lawmakers on behalf of Akron Children’s Hospital. The two were among 36 patients and their families representing...
View ArticleU.S. new home sales hit fastest pace in 5 years
WASHINGTON: Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.New home sales rose 2.1 percent last month compared...
View ArticleBusiness news briefs — June 25
LOCAL BUSINESSExport class to be offeredExport 101, a class for businesses new to exporting and small companies already engaged with exporting, will be offered at the Kent State Stark campus.Topics...
View ArticleNew Leadership Akron class
Beacon Journal staff reportThe civic group Leadership Akron announced its class of 34 people who will participate in its 2013-2014 program.The 30th class includes executives and managers from business,...
View ArticleUnemployment rate up slightly in Summit County as more people look for work
Unemployment in Summit County as well as many other Ohio counties grew in May, as more people were looking for work.Ben Johnson, a spokesman for the Ohio Department of Job and Family Services, said...
View ArticleWalgreen third-quarter profit jumps but misses estimates
Walgreen Co.’s fiscal third-quarter earnings jumped 16 percent compared with last year but the performance still missed Wall Street expectations.Walgreen told analysts that sales outside the pharmacy...
View ArticleFord F-150 truck tops Toyota Camry for No. 1 American-made ranking
Ford’s F-150 pickup truck, pacing the biggest gain in U.S. market share among automakers this year, topped a 2013 consumer website’s list of what are called the most-American made models, replacing...
View ArticleDetails of Green development
Details of proposal Green developer John Warmus of Warmus Builders Inc. has proposed a $50 million, senior housing development in Green to serve seniors through all stages of aging.■ Three phases of...
View Article$50 million senior living development proposed in Green
GREEN: Aging baby boomers seeking senior-friendly living options could get more choices soon if a proposed $50 million development in southern Summit County is approved.The Green City Council has...
View ArticleTraders take ‘a breather’ from sell-off, are buying stocks and bonds
NEW YORK: The U.S. economy slowed down, but the stock market went up for a second day in a row on Wednesday.The gains were decisive. The Dow Jones industrial average jumped 149.83 points, or 1 percent,...
View ArticleBusiness news briefs — June 26
LOCAL BUSINESSYoung professionals to meetOfficials with Akron Children’s Hospital will talk about their careers and their advice for young professionals at an 11:30 a.m. luncheon July 10 organized by...
View ArticleEconomy grows at slower 1.8 percent rate in 1st quarter
WASHINGTON: The U.S. economy may not be strong enough for the Federal Reserve to slow its bond purchases later this year.That’s the takeaway from economists after the government cut its estimate...
View ArticleGM CEO picks Batey to lead Chevy brand
General Motors’ chief executive officer, Dan Akerson, a former boxer, has avoided a hallmark of old GM: Trying to solve problems with a knockout punch. He displayed his style of relentless jabs by...
View ArticleUPS Teamsters approve 5-year contract as local accords fail
United Parcel Service Inc. Teamsters workers approved a five-year contract that covers about 235,000 employees, lowering the risk of a strike at the world’s largest package-delivery company.The union...
View ArticleWalmart ends relationship with Paula Deen
Paula Deen lost another chunk of her empire on Wednesday.Wal-Mart Stores Inc. announced that it has ended its relationship with the Southern celebrity chef, part of the continuing fallout in the wake...
View ArticleHobby Lobby can challenge health care law
DENVER: In a health care decision giving hope to opponents of the federal birth-control coverage mandate, a federal appeals court ruled Thursday that Hobby Lobby stores won’t have to start paying...
View ArticleStocks climb as tapering fears tamed
NEW YORK: Stocks surged for a third session on Thursday on upbeat economic data and reiterations from Federal Reserve officials that monetary policy depends on the economic outlook.“The interesting...
View ArticleBusiness news briefs — June 27
RETAILPaula Deen loses more storesTarget Corp. and Home Depot Inc. joined companies severing ties with celebrity chef Paula Deen after she admitted to using racist slurs.Target will phase out Deen’s...
View ArticleMortgage rates report biggest one-week increase in 26 years
Mortgage rates for 30-year loans surged in the last week to the highest level in almost two years, increasing borrowing costs at a time when the housing market is strengthening and prices are...
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