Apple says it has sold 9 million new iPhones since Friday
NEW YORK: Apple says shoppers snapped up 9 million of its newest iPhones since the devices were launched Friday, and that demand is exceeding supply. Its shares jumped 6 percent in premarket...
View ArticleAnti-fracking item won’t be on Ohio city ballot
ATHENS, OHIO: The fall ballot in one southeastern Ohio city won’t include an initiative seeking to ban the controversial high-pressure oil and gas drilling technique of hydraulic fracturing, or...
View ArticleNew furnace means added jobs at Northeast Ohio steel plant
LORAIN, OHIO: The activation of an $85 million electric arc furnace at a northern Ohio steel plant is expected to add hundreds of jobs at the facility, mostly over the next year.A company official says...
View ArticleOhio program gives cash for hires who stay in jobs
LIMA, OHIO: A new state program provides financial incentives for agencies that move people from cash assistance to unsubsidized employment, and one northwest Ohio county is passing along some of that...
View ArticleBusiness news briefs — Sept. 23
LOCAL BUSINESSGroup targets SmuckerActivists with Rainforest Action Network (RAN) on Monday delivered a set of demands to Orrville-based food maker J.M. Smucker Co. about its use of food additive palm...
View ArticleS&P leads drop as stocks fall in trading
NEW YORK: Stocks fell in Monday trading, with the Standard & Poor’s 500 Index having the longest retreat in a month, as financial shares slumped and investors tracked speeches from Federal Reserve...
View ArticleBlackBerry returns to corporate customers
BlackBerry Ltd. got a tentative $4.7 billion buyout offer Monday from a group led by its biggest shareholder, forging a path to go private after a new line of smartphones failed to catch on.The group...
View ArticleClinic doctor writes national guidelines to diagnose heart condition
Proper testing and a quick diagnosis were at the heart of John Azlant’s recovery last year from a potentially life-threatening condition.After being referred to a specialist at the Cleveland Clinic for...
View ArticleMicrosoft unveils new Surface tablet at New York event
NEW YORK: Microsoft is offering a new Surface tablet computer and accessories, including a professional model that allows people to use it more like a laptop or a desktop.The Redmond, Wash.-based...
View ArticleJPMorgan Chase cutting hundreds more Ohio jobs
COLUMBUS: JPMorgan Chase & Co. will cut about 440 jobs in the next three months, mostly at its central Ohio offices in the suburbs north of Columbus.The announcement comes weeks after the bank...
View ArticleOhio plant making new Cherokee idles 500 workers
TOLEDO: About 500 workers have been temporarily laid off from a northwest Ohio plant that produces the new Jeep Cherokee.Transmission reprogramming and extra test-driving delayed shipment of the...
View ArticleUniversity Park Alliance leaders say they are not ready to throw in the towel
Leaders of the neighborhood economic development group University Park Alliance say they are still hoping to move forward as they face funding issues and legal trouble.The nonprofit, working on...
View ArticleAkron General, KSU launch wellness partnership
Kent State University researchers who want to discover what motivates some people to stay active into their senior years have found a living laboratory just a few miles away. The medical fitness...
View ArticleBusiness news briefs — Sept. 24
WALL STREETDow Jones drops 67 pointsThe Standard & Poor’s 500 index fell 0.3 percent to 1,697.42 in Tuesday trading. The Dow Jones industrial average lost 66.79 points, or 0.4 percent, to...
View ArticleThree lawsuits appear key in Fair Finance money recovery
Three major lawsuits may determine when and how much money is recovered in the years-long Fair Finance Co. bankruptcy and financial scandal case, Fair’s trustee said.Bankruptcy Judge Marilyn...
View ArticleTime Warner Cable willing to take on debt for right deal
Time Warner Cable Inc., the second-largest U.S. cable operator with operations based in Akron, would consider taking on more debt if it came across an attractive enough merger or acquisition, Chief...
View ArticleFiat threatens pullback from Chrysler commitments
Fiat SpA, the Italy-based majority owner of American automaker Chrysler Group LLC, threatened to pull back from future commitments if a health-care trust succeeds in selling its Chrysler stake in an...
View ArticleSummit County’s jobless rate falls slightly
Summit County’s jobless rate fell slightly from July to August but crept up from a year ago.The county unemployment rate in August was 6.8 percent, down from 6.9 percent in July but up from 6.6 percent...
View ArticleOrders for long-lasting factory goods up slightly
WASHINGTON: Companies placed slightly more orders in August for U.S. long-lasting manufactured goods, stepping up demand for cars, trucks and machinery. Even with the gain, business spending on factory...
View ArticleRecalled salads sold at Target and other stores
Garden-Fresh Foods of Milwaukee, Wis., is expanding its recall of ready-to-eat salads, slaws and dips sold under various brand names because they may be contaminated with Listeria monocytogenes, which...
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