New hotel planned for downtown Akron
One of downtown Akron’s treasured historical buildings, Greystone Hall on High Street, would be transformed into a hotel under a plan involving local and out-of-town partners.The 1917 structure, an old...
View ArticleAkron hotel project at Greystone Hall would cost $40 million, bring 160 rooms...
The historic Greystone Hall in downtown Akron is to be connected with a planned new glass-and-brick structure to form a new hotel in downtown, city officials and developers said this morning.Developers...
View ArticleBig Lots merchandising chief Martin retires
COLUMBUS: Closeout store operator Big Lots Inc. said Tuesday its chief merchandising officer is retiring.John Martin, 62, will continue in his role, which also includes the executive vice president...
View ArticleCoca-Cola’s profit dips as soda declines at home
Coca-Cola’s profit dipped in the latest quarter as the world’s largest beverage maker sold less soda in its flagship North American market.The Atlanta company, which makes Dasani, Powerade and Sprite,...
View ArticleConsumer prices up 0.5% in June on gas increase
WASHINGTON: Higher gasoline costs pushed a measure of U.S. consumer prices up in June. But the overall trend in inflation stayed tame.The Labor Department said Tuesday that the consumer price index...
View ArticleGM global sales up 4 percent, may gain on Toyota
DETROIT: General Motors’ global sales grew almost 4 percent in the first half of the year, enough to fend off Volkswagen for second place and perhaps close the gap with sales leader Toyota.GM said...
View ArticleBusiness news briefs — July 16
REALTORSAkron board faces decisionMembers of the Akron Area Board of Realtors will vote today on whether to merge with the Cleveland Area Board of Realtors.The vote comes after more than a year of...
View Article‘Firestone Drives America’ tour promotes truck tires
Bridgestone Americas is working to create buzz about its Firestone commercial truck tires.It is safe to say, truck tires don’t generate the same kind of general motor vehicle sex appeal as, say, high...
View ArticleFederal court in N.Y. won’t review online TV ruling
NEW YORK: A federal appeals court has refused to reconsider a ruling that lets a startup company offer live television broadcasts over the Internet without paying fees to broadcasters.The 2nd Circuit...
View ArticleHoover brand owner buying Oreck vacuum company
The maker of Hoover vacuum cleaners got the go-ahead from a U.S. bankruptcy court to buy the assets of Oreck Corp. of Nashville.The sale to Royal Appliance Co., the Cleveland-area subsidiary of TTI...
View ArticleRealtors in Akron vote to merge with Cleveland board
Members of the Akron Area Board of Realtors voted by a wide margin Wednesday to merge with the Cleveland Area Board of Realtors.About 69 percent of the votes cast were in favor of merging, Akron board...
View ArticleKFC eleven drops bones, Colonel in upmarket restaurant
NEW YORK: KFC is tossing out the bones and the quaint image of founder Col. Harland Sanders as it gets ready to test a slightly more upmarket restaurant.The fried chicken chain says it’s opening a...
View ArticleWaste volumes deposited in Ohio injection wells in 2012
Thirty-eight of Ohio’s 88 counties are licensed to accept drilling waste liquids for disposal in injection wells. Here are the volumes deposited in each county in 2012. (Each barrel represents 42...
View ArticleFederal investigators looking into Akron-area hedge fund
Federal authorities are investigating an Akron-area hedge fund, Davian Capital Advisors, that claimed to manage as much as $200 million that earned high double-digit returns, according to a lawsuit, an...
View ArticleBusiness news briefs — July 17
LOCAL BUSINESSOSHA cites Stow companyThe federal government is seeking a $131,320 fine on nonferrous metal company Specialty Metals Processing Inc. on Seasons Road in Stow for five business...
View ArticleBernanke: Timetable for bond purchases not preset
WASHINGTON: Chairman Ben Bernanke said Wednesday that the Federal Reserve’s timetable for reducing its bond purchases is not on a “preset course” and policymakers could increase or decrease the amount...
View ArticleConference on shale energy in Akron in August
The Utica shale supply chain will be spotlighted in an Aug. 12 program in Akron.The 16th Northeast Ohio Logistics Conference will be held at the Firestone Country Club.The event is being hosted by the...
View ArticlePortage County injection wells
Eight injection-well operators in 2012 hauled 835,471 barrels of well fluids from Ohio and 1,522,900 barrels from out of state to Portage County wells, according to state records.That means that 64.6...
View ArticleU.S. unemployment aid applications drop to 334,000
WASHINGTON: The number of Americans applying for unemployment benefits fell 24,000 last week to a seasonally adjusted 334,000, a sign that steady job gains should continue.The Labor Department says the...
View ArticleBrowns owner Jimmy Haslam moves briskly to end truck stop scandal with Pilot...
NASHVILLE, TENN.: The nation’s largest diesel retailer reached a speedy settlement with some customers cheated out of rebate money, which experts say is all the better for Browns owner Jimmy Haslam and...
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