Gulfport Energy signs transmission agreements to carry Ohio’s Utica natural...
Gulfport Energy has signed 10-year agreements with Dominion East Ohio and Dominion Transmission Inc. to transport natural gas from eastern Ohio’s Utica shale to the Midwest and to connecting...
View ArticleBusiness news briefs — Aug. 7
LOCAL BUSINESSBeacon Journal readership upThe combined readership of the Akron Beacon Journal and its website, Ohio.com, is among the top 25 U.S. newspapers for readership growth, according to a new...
View ArticleSandra Pianalto sees potential tapering on improving labor market
Federal Reserve Bank of Cleveland President Sandra Pianalto said there has been “meaningful improvement” in the labor market and that a tapering of the central bank’s bond-buying program could be...
View ArticlePUCO orders FirstEnergy to credit customers $43.4 million
COLUMBUS: Ohio utility regulators on Wednesday ordered FirstEnergy to credit $43.3 million back to customers after the company overcharged them for renewables purchases in Ohio’s developing alternative...
View ArticleYRC shares plunge even as trucking company’s quarterly loss decreases from...
YRC Worldwide Inc.’s second-quarter loss was an improvement compared to a year ago as executives said the struggling trucking company continues to move in the right direction.Even so, shares on...
View ArticleDrugstore chains expanding services to time-pressed customers
At some Walgreens stores, there are health clinics staffed by nurse practitioners, cafes that sell barista-prepared coffee and Eyebrow Bars where trained professionals groom unruly facial hair.Oh, and...
View ArticleNew Giant Eagle Market District store is a food lover’s paradise
SOLON: Buckets of fresh gladiolus, sunflowers and lavender greet the shopper at the front door, evoking feelings of Tuscany before you even enter.Inside, a display of vine-ripened tomatoes, smoked...
View ArticleMeasure of U.S. jobless claims falls to 6-year low
WASHINGTON: A measure of Americans who applied for unemployment benefits over the past month has fallen to its lowest level in almost six years, signaling fewer layoffs.The Labor Department says the...
View ArticleMeijer to hire more than 9,000 in 5 states, 1,600 in Ohio
GRAND RAPIDS, MICH.: Midwest retailer Meijer Inc. plans to hire more than 9,000 new employees in five states in the coming months.MLive.com reports the Grand Rapids-based company says the hiring is...
View ArticleStocks snap 3-session loss streak
NEW YORK: U.S. stocks rose on Thursday, bouncing back after a three-session slide, as Chinese trade data beat expectations and Wall Street considered the impact of jobless claims on the timing of...
View ArticleBusiness news briefs — Aug. 8
OHIO BUSINESSMeijer to add 9,000 jobsMidwest retailer Meijer Inc. plans to hire more than 9,000 new employees in five states in the coming months. The Grand Rapids, Mich.-based company says the hiring...
View ArticleCleveland Clinic pursues affiliation with Toledo-based hospital system
Mega-mergers and affiliations continue to spike among Northeast Ohio hospitals.In the latest announcement, health-care giant Cleveland Clinic said on Thursday it’s pursuing an affiliation with...
View ArticleSamsung seeks smart watch trademarks in U.S., South Korea
SEOUL: Samsung Electronics Co. has applied for U.S. and South Korean trademarks for a watch that connects to the Internet in the latest sign that consumer technology companies see wearable devices as...
View ArticleFledgling 3-D printing industry finds home
NEW YORK: It looks like a bakery. A warm glow emanates from the windows of big, oven-like machines, and a dusting of white powder covers everything.This space in an anonymous building in New York’s...
View ArticleOhio getting sixth gas-processing plant, new pipeline to carry liquids to...
Ohio’s natural gas industry is about to get a $1 billion investment.The state is getting its sixth natural gas-processing plant, plus a new pipeline to carry liquids produced in the Utica shale...
View ArticlePianalto to retire from Cleveland Fed in 2014
Sandra Pianalto, president of the Federal Reserve Bank of Cleveland since 2003, says she isn’t quite sure what she will do after she retires early next year.Pianalto, who turned 59 on Monday, announced...
View ArticlePostal Service had $740 million third-quarter loss
WASHINGTON: The Postal Service says it lost $740 million over the last three months and that without help from Congress its financial woes will only worsen.The report for the financial quarter ending...
View ArticleU.S. wholesale stockpiles fell 0.2 percent in June
WASHINGTON: U.S. wholesalers cut their stockpiles in June for a third straight month even as their sales rose again. Businesses may need to speed up restocking if demand continues to increase, a trend...
View ArticleBusiness news briefs — Aug. 9
LOCAL BUSINESSNatural gas price goes downThe monthly natural gas price for residential customers who have chosen Dominion’s Standard Choice Offer (SCO), or those who don’t choose their own supplier,...
View ArticleEnerVest companies selling 22,535 acres in Ohio Utica shale in three counties...
A Texas-based company and its partners are selling off a portion of their Utica shale acreage in east-central Ohio.The EnerVest Ltd. companies announced on Friday that they are selling 22,535 acres in...
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