Gurung is Target’s newest fashion collaborator
NEW YORK: The high-fashion Prabal Gurung label will be hanging at Target Corp. stores next February.The designer is the latest to plan a limited-edition collaboration with the retailer.There will be...
View ArticleSmaller iPad coming Tuesday but at what price?
Those who follow Apple believe they have figured out most of the particulars of a smaller iPad expected to be revealed today. One big question remains, though: What will it cost?Apple hasn’t said...
View ArticleCareer night gives students view at hot jobs in medical field
Middle and high school students can get more information about a future career in the fast-growing medical field during an upcoming Healthcare Career Awareness Night.The career fair will take place...
View ArticleReports: Marcellus shale reserves larger and cheaper to develop
There has been plenty of debate over the Marcellus shale natural gas field, but new research adds a twist that could impact political and environmental battles. Two independent financial firms say the...
View ArticleNew iPad, including smaller model, plus new Macs
SAN JOSE, Calif.: Apple Inc. is refusing to stoop to the level of its rivals in the tablet market —it’s pricing its new, smaller iPad well above the competition. On Tuesday, the company revealed the...
View ArticleBusiness news briefs — Oct. 23
LOCAL BUSINESSRubbermaid plant closingNewell Rubbermaid Inc. on Tuesday filed the legally required notice of the closing of its Wooster distribution facility, one of the last ties to the town where...
View ArticleAkron’s Biofreeze maker bought
The Akron maker of Biofreeze, a rub-on pain reliever, and other rehabilitation and wellness products distributed worldwide, has a new owner.An affiliate of Gridiron Capital LLC of New Canaan, Conn.,...
View ArticleFirstMerit’s third-quarter profit rises 10.4 percent
FirstMerit Corp. reported a 10.4 percent increase Tuesday in its profit for the third quarter of 2012.The Akron bank said its net income was $35 million, or 32 cents per share, for the third quarter....
View ArticleSummit County’s jobless rate falls to 4-year low, but fewer people working
Summit County’s jobless rate fell to 6.2 percent in September, down from 6.5 percent in August and 8.1 percent a year ago, according to figures released Tuesday by the state.That was Summit County’s...
View ArticleStocks retreat sharply on earnings reports
NEW YORK: U.S. stocks fell sharply Tuesday, with the Dow Jones industrial average taking its worst single-day hit in four months, as weaker earnings and concern about Spain’s finances heightened fears...
View ArticleApple debuts iPad Mini tablet
SAN JOSE: The iPad Mini, the long-rumored smaller tablet from Apple, has made its debut.Apple launched the 7.9-inch tablet computer at an invitation-only media event Tuesday, telling reporters that the...
View ArticleFord to close Belgian plant in 2014; 9,500 jobs hit
BRUSSELS: Ford Motor Co. announced Wednesday it planned to close a car plant in eastern Belgium — one of its main European factories — by the end of 2014, a move that would result in 4,500 direct job...
View ArticleParent of Akron’s Sterling Jewelers acquires outlet jewelry retailer
Signet Jewelers Ltd. (NYSE SIG), the parent of Akron-headquartered Sterling Jewelers Inc., is expanding into the outlet center market.Signet said Wednesday it had signed a deal to acquire jewelry...
View ArticleGoodyear Tire faces tough third quarter in troubled economy
Goodyear Tire & Rubber Co. faced a challenging third quarter in a sputtering economy, and its results could reflect that when they are released before the markets open on Friday.The Akron tire...
View ArticleBusiness news briefs — Oct. 24
LOCAL BUSINESSStreetsboro company acquiredAmetek Inc. (NYSE: AME) of Berwyn, Pa., announced it acquired Micro-Poise Measurement Systems, a testing company for the tire industry, from American...
View ArticleA. Schulman’s earnings rise for year while revenue drops
Fairlawn polymer company A. Schulman Inc. on Wednesday reported higher full-year earnings on less income compared to a year ago.The resin maker and plastic compounder said it earned $50.9 million, or...
View ArticleEco-groups want drilling chemicals added to federal chemical-reporting system
Seventeen national and regional environmental groups are petitioning the U.S. Environmental Protection Agency to require oil and gas companies for the first time to report chemical use to the federal...
View ArticleWindows 8 sends Microsoft down a new path
A new version of Microsoft’s Windows operating system, dubbed Windows 8, hits store shelves this week — but it’s no ordinary update.The new software looks completely different from its predecessors....
View ArticleU.S. suit alleges ‘brazen’ fraud at Countrywide
NEW YORK: The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged...
View ArticleJobless claims in U.S. drop as seasonal volatility winds down
Fewer Americans filed first-time applications for unemployment benefits last week as the seasonal volatility at the start of the quarter wound down.Jobless claims decreased by 23,000 to 369,000 in the...
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