Sprint CEO says Verizon deal could lead to more consolidation
Sprint Corp. Chief Executive Officer Dan Hesse said the U.S. telecommunications industry is bracing for more deals after Verizon Communications Inc.’s $130 billion buyout of its venture with Vodafone...
View ArticleEdmunds.com tweaks its car-shopping website
Edmunds.com, a website popular with car shoppers, is preparing a new home page and layout. I was recently directed to the site as a randomly chosen test subject.I hated it. Unlike most guinea pigs,...
View ArticleBusiness news briefs — Sept. 6
LOCAL BUSINESSSterling settles Zale lawsuitWithout disclosing details, Akron jewelry retailer Sterling Jewelers Inc. said it and competitor Zale Corp. agreed to a negotiated resolution of a lawsuit in...
View ArticleMakeover at Yahoo includes new logo
SAN FRANCISCO: Yahoo has refreshed its logo for the first time since shortly after the Internet company’s founding 18 years ago.The new look is part of a makeover that Yahoo Inc. has been undergoing...
View ArticleWhy not make everyone rich with $50 an hour minimum wage?
Fast-food workers recently staged a one-day strike in 60 cities to demand a minimum wage of $15 an hour, more than double the current federal minimum of $7.25. The nationwide effort, “Fight for 15,”...
View ArticleReview: Three speakers that bring sweet sounds, without wires
Who knew that sending music from a phone wirelessly to a speaker would become a huge market?I have to say I didn’t, but darn if I don’t find myself using just such a system every day, and the...
View ArticleVW meets with UAW in Germany regarding Tennessee factory works council
Some details have emerged from a meeting of Volkswagen AG and the United Auto Workers last week in Germany to discuss establishing a German-style works council at the company’s Tennessee factory.The...
View ArticleStocks flat as traders weigh weak jobs data, Syria
NEW YORK: After a volatile day, stocks ended Friday mostly unchanged, as traders weighed a weak jobs report for August and the ongoing tensions between the U.S. and Syria.While stock indexes ended...
View ArticleMicrosoft works to save face after Xbox backlash
When it comes to hyping next-generation hardware, the video game industry doesn’t typically opt for simplicity. However, during a presentation at the GameStop Expo in Las Vegas to promote the upcoming...
View ArticleCompany’s goal is to look good from behind the scenes
If Pritt Entertainment Group does its job at today’s University of Akron home season-opening football game, fans won’t even know about its behind-the-scenes work.The company, which also goes by its PEG...
View ArticleTimken spinoff company profiles
Tale of two companies Here’s what Timken Co. projects the new companies will look like after its corporate division is completed.The new, unnamed steel company:• Revenue: $1.7 billion.• Employees:...
View ArticleMarket likes Timken decision to divide into 2 companies
Timken Co.’s just-announced plan to spin off its steel business to create better shareholder value has already boosted the Canton company’s stock price.Shares on Friday closed at a record high of...
View ArticleGM overcomes turmoil, sees rebirth, executive Reuss says
General Motors was reeling from its bankruptcy and federal bailout when it launched the Chevrolet Cruze small car — one of the few projects it could pull off amid the financial and political turmoil....
View ArticleBusiness news notebook — Sept. 8
COMPANIESPeoples Services Inc.The Canton warehouse logistics company acquired Michigan-based Central Warehouse Operations Inc. from Central Warehouse Co. The combined businesses will operate more than...
View ArticleBusiness news national briefs — Sept. 8
PERSONAL FINANCEInsurance is taboo topicParents in the United States would rather talk to their kids about drugs and alcohol than life insurance.Just 38 percent of parents said they’re extremely...
View ArticleTwinsburg businessman predicts long future for shale energy
William Kinney thinks there’s a bright future in developing shale energy resources in Ohio and other parts of the United States.Kinney founded Summit Petroleum Inc., a Twinsburg oil-and-gas business...
View ArticleBusiness news: On the move — Sept. 8
Frontline InternationalMax Palazzo was appointed product design engineer for the Cuyahoga Falls-based manufacturer of cooking oil management equipment. He will create new products, improving existing...
View ArticleBusiness calendar — Sept. 8
TuesdayToastmasters Akron 151 — 6:30 to 8 p.m., Summa St. Thomas Hospital, 444 N. Main St., Akron. Information: 330-389-9869.Northeast Ohio Business Alliance — 7:30 to 9 a.m., Real Estate Capital...
View ArticleTypewriters of famous, infamous displayed in Mass.
BOSTON: Typewriters that belonged to some of the most famous — and infamous — names of the 20th century are on display in a Northeastern University gallery.Machines once owned by Tennessee Williams,...
View ArticleMaking the hotel lobby a place to see and be seen
Hotels want you to stay a while — in their lobbies.Long treated as dead spaces that guests raced through on the way to the elevator, lobbies are being transformed into places to work, surf the Web or...
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