U.S. service sector grows at slower pace last month
By Christopher S. RugaberWASHINGTON: U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.The...
View ArticleNovember sales up for Ohio-built Chevrolet Cruze
LORDSTOWN: General Motors says sales of the Ohio-built Chevrolet Cruze were up last month.GM said Tuesday that Cruze sales were up by 8.3 percent in November, snapping it out of three-month slide. The...
View ArticleOhio-based Fifth Third to pay $6.5 million in SEC case
CINCINNATI: Regional bank Fifth Third Bancorp is paying $6.5 million to settle Securities and Exchange Commission charges of improper accounting during the financial crisis.The SEC announced Wednesday...
View ArticleAmerican CEOs more optimistic about economy and hiring
WASHINGTON: A survey of chief executives at the largest U.S. companies shows a growing number are optimistic about the economy’s prospects for the next six months and expect to boost hiring.The...
View ArticleBusiness news briefs — Dec. 4
UTILITIESNatural-gas price increasesThe 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, will go...
View ArticleBlackBerry CEO: Company is ‘very much alive’
BlackBerry Ltd.’s new chief executive officer urged customers to stick with the company because he says it remains committed to technology that helps corporate clients manage mobile devices, including...
View ArticleNew Wal-Mart Stores CEO must face down Amazon and unions
Wal-Mart Stores Inc. surprised everyone last week when it announced that CEO Mike Duke would step down. He’ll be replaced by Doug McMillon, a career insider who has been touted as a possible future CEO...
View ArticleNew Jersey’s move into online gambling brings test for casino industry
New Jersey resident Trever Walton has been visiting casinos from Atlantic City to Las Vegas for more than two decades.Now that the Garden State has legalized online gambling, he can wager from the...
View ArticleBourbon mixes it up: New styles, flavors, brands
Picking a bourbon isn’t the one-two-three choice it used to be. There’s been a boom in brands, especially from small, premium producers, not to mention a flood of new styles. Will you go for a...
View ArticleVote on divisive Ohio energy bill delayed again
COLUMBUS: A proposal to adjust Ohio’s renewable energy and efficiency mandates stalled for a second time Wednesday amid opposition from environmental and consumer interests and some majority Republican...
View ArticleON OHIO.COM
■ See a Beacon Journal video about a local owner of an antique Ford Mustang at www.ohio.com.
View ArticleMustang fans anticipate Ford’s 50th anniversary design today
Don Woerz has been a fan of Ford cars — Mustangs in particular — as long as he can remember.He and his wife own two Mustangs, a Rangoon Red 1965 hardtop and a Candy Apple Red 2008 GT convertible. He...
View ArticleOhio gas prices dip below $3 a gallon
COLUMBUS: Call it a holiday miracle — gas prices below $3 a gallon in Ohio.Prices at the pump have edged below $3 at many stations in Ohio in the past couple days, while lots of others are hovering...
View ArticleU.S. jobless claims plunge to 298,000 as layoffs slow
WASHINGTON: The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers.The Labor Department...
View ArticleU.S. economy grows at 3.6 percent rate in third quarter
WASHINGTON: The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a trend...
View ArticleStates grovel before Boeing in bid for 777X jobs
JEFFERSON CITY, Mo.: With Boeing the king of U.S. aircraft manufacturing, more than a dozen states are groveling before the throne for a share of the riches to be made from the next-generation 777...
View ArticleJos. A. Bank subpoenaed by Ohio attorney general
Jos. A. Bank Clothiers Inc. disclosed Thursday that Ohio’s attorney general is looking into some of its advertising and marketing practices.The retailer said in a regulatory filing with the Securities...
View ArticleJob growth sluggish as Ohio-area economy grows moderately
Business activity in Ohio and parts of adjacent states grew moderately the last six weeks while overall hiring was sluggish, according to the latest Beige Book survey of employers.The Federal Reserve...
View ArticleBusiness news briefs — Dec. 5
LOCAL BUSINESSB&W receives honorBabcock & Wilcox Co. said it was named Supplier of the Year for 2013 by Arizona Public Service Co. in the “Major Equipment” category. The award recognizes...
View ArticleMarathon Petroleum to build liquids pipeline from Utica shale to its Canton...
Marathon Petroleum Corp. is proceeding with a new 49-mile pipeline from the Utica shale in eastern Ohio to its Stark County refinery.The company discussed the $140 million pipeline to transport shale...
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