LOCKHEED TIMELINE
Akron facilities span centuries A look at the history of the Lockheed Martin Corp. facilities in Akron:■ 1898: Goodyear Tire & Rubber Co. begins operations in a factory near the Little Cuyahoga...
View ArticleLockheed’s closure of Akron plant means 500 job cuts
A historic Akron industrial facility with ties to wartime production, aerospace simulators, space exploration and military mission systems will close by 2015. Lockheed Martin Corp., which took over...
View ArticlePost office reports loss of $5 billion for year
WASHINGTON: The U.S. Postal Service says it lost $5 billion over the past 12 months.It’s the seventh straight year the agency has reported a net loss.Postal officials say the loss increases the urgency...
View ArticleBusiness news briefs — Nov. 15
TIRE & RUBBERCooper court case continuesCooper Tire & Rubber Co. won expedited status for its appeal to the Delaware Supreme Court seeking to get Apollo Tyres Ltd. to complete a buyout at $35 a...
View ArticleEconomy to grow, gridlock to continue, speakers say
As the United States and world continue a tepid recovery in the aftermath of the Great Recession, the Akron area is outperforming many other places, a keynote speaker said at the Greater Akron...
View ArticleTECHudson to close doors
TECHudson, a 2-year-old business incubator that sought to nurture new entrepreneurs and create high-tech jobs for the future, will close its doors at the end of the year.Its board of directors voted to...
View ArticlePostal service cuts losses, says it still needs help
The U.S. Postal Service said it cut its annual loss by more than two-thirds and increased revenue for the first time since 2008, while standing by warnings that it needs help from Congress to...
View ArticleMcDonald’s reboots drive-thru concept
Losing the speed race to rivals and racking up customer complaints about slow service, McDonald’s is adding a third drive-thru window.Called “Fast Forward Drive-Thru,” the reboot will start appearing...
View ArticleNew rules ease rehabilitation of defaulted student loan
The three major ways to get out of default on a student loan are: repayment, consolidation and rehabilitation. Of the three, rehabilitation is the only way to have a default removed from a credit...
View ArticleMcDonald’s near former Rolling Acres Mall will be relocating closer to I-77
An impending move for the McDonald’s across from the former Rolling Acres mall to a site off Interstate 77 should significantly boost sales, its owner said.Owner/operator Tom Locke has bought two...
View ArticleLandscape has changed for consoles from Sony, Microsoft
Remember a time before Angry Birds, the iPad and the iPhone? No?When Sony and Microsoft last came out with new video game consoles — seven and eight long years, respectively, the companies touted the...
View ArticleCruze could change drivers’ views on diesel
Americans have an aversion to diesel-powered cars that’s not shared by the rest of the world. Visit Germany, and you’ll find most cars burn diesel. Here in the States, diesel cars are as rare as hens’...
View ArticleObservers say Akron economy can absorb Lockheed Martin job losses
Granted, most of Lockheed Martin’s 600 or so Akron jobs will disappear by the time 2015 rolls around, according to the company’s plant closure announcement that shocked the region Thursday.But chances...
View ArticleDiebold’s future tech now arriving in bank branches
In the not-too-distant future, you likely will be able to do personal banking over a video screen inside a branch rather than face-to-face with a teller.Or talk with a bank employee over a video screen...
View ArticleSubstitute-meat makers’ art imitates life
Ethan Brown held up one of his ready-to-eat vegetarian chicken strips and peeled off stringy strands that mimicked the moist meat of the real thing.“That’s the beauty. That’s absolutely everything,”...
View ArticleBusiness moves — Week of Nov. 17
Superior Staffing Inc.Rhonda Birti joined the company as staffing manager. A resident of Copley, she is a communications graduate of Moody Bible Institute in Chicago. Vicki Berkey, of Barberton, and...
View ArticleRetirement in the future? Harder, much harder
Q: I am scared for my adult children. I am 61 years old, retired for two years. I calculated the value of my defined benefit pension (just over $8,100 a month), using a life expectancy of 25 more years...
View ArticleSaying farewell to car models going away
As the new car model year dawns, various automobiles pass away — some fondly remembered, some ridiculed and reviled.And so we present the vehicles whose time has come and gone, passing into the great...
View ArticleWhich streaming service is right for you?
Streaming video services seem to be everywhere these days. If you’re like me, you wonder which one (or two) you should be using.The streaming video service is the cable cord cutter’s best friend. Local...
View ArticleFive mistakes retirees make
We all make investment mistakes; it’s how most of us learn. And that’s OK, at least when we’re young. That’s when we can recover from losses.But it’s a whole different deal when we get older, when we...
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