Economy grows 3.6 percent in third quarter
The economy expanded in the third quarter of 2013 at a faster pace than initially reported, led by the biggest increase in inventories since early 1998. But consumer spending slowed.Gross domestic...
View ArticleAt 50, new-look Mustang still has plenty of muscle
DEARBORN, MICH.: America’s first pony car — the Ford Mustang — is celebrating its 50th birthday with a swoon-worthy new design and plans to go global.Ford revealed the 2015 model of the Mustang...
View ArticleFast-food protests return amid push for wage hikes
NEW YORK: Fast-food workers and labor organizers marched, waved signs and chanted in cities across the country on Thursday in a push for higher wages.Organizers say employees planned to forgo work in...
View ArticleU.S. unemployment falls to 7 percent on 203,000 jobs added; rate is 5-year low
WASHINGTON: A fourth consecutive month of solid hiring cut the U.S. unemployment rate to a five-year low of 7 percent in November, an encouraging sign for the economy.The Labor Department says...
View ArticleU.S. consumer spending up 0.3 percent in October
WASHINGTON: U.S. consumers increased their spending in October even though their wages and salaries barely increased, raising questions about how strong the economy will grow at the end of the...
View ArticleBusiness news briefs — Dec. 6
ENERGYOhio hits Utica milestoneOhio has officially topped 1,000 Utica shale permits.The Ohio Department of Natural Resources reported that as of Nov. 30, Ohio has approved 1,006 Utica shale permits in...
View ArticleKnight Foundation grants will help connect, retain summer interns and young...
Two grants being awarded by a foundation with local connections are aimed at helping to attract and retain young, talented people in the Akron area.Torchbearers, an organization that supports young...
View ArticleTime Warner Cable’s next CEO: Ready to sell at right price
Rob Marcus has a message for Time Warner Cable Inc. shareholders: I’m the right guy to decide whether to sell the company.The 48-year-old chief operating officer is replacing Glenn Britt as Time Warner...
View ArticleNew Hilton hotel taking shape in east Akron
he East End Hilton Garden Inn is slowly taking shape near the former Goodyear corporate headquarters on East Market Street.The $18 million, 135-room full-service hotel, the first new hotel to be built...
View ArticleBigger worries are swirling around small stocks
Small stocks have brought big joy this year, but they’ve been so generous that some mutual fund managers question how much they have left to give.Stocks of smaller companies have surged even more than...
View ArticleStock market jumps after strong jobs report
NEW YORK: Good news for the economy was finally good news for the stock market on Friday.Stocks rose sharply after the government reported a fourth straight month of solid job gains, the latest...
View ArticleSolid job growth cuts unemployment to 7 percent
WASHINGTON: The job market is proving surprisingly resilient.Solid job growth in November cut the U.S. unemployment rate to 7 percent, a five-year low. The robust gain suggested that the economy may...
View ArticleGift guide: Plenty of laptops, even on budgets
There’s no shortage of laptop computers to pick from this holiday season, even for shoppers on tight budgets. A Chromebook optimized to run Google’s Internet services can be bought for as little as...
View ArticleBusiness news notebook — Dec. 8
COMPANIESSS&G Inc.SS&G Inc. and its affiliate SS&G Healthcare Services were named to the 2013 Weatherhead 100, which identifies the 100 top growth companies in Northeast Ohio based on sales...
View ArticleBusiness news solutions items — Dec. 8
INVESTINGBooks offer counselHow does an investor go about finding undervalued stocks with strong growth potential? A good place to start would be to pick up some insights on value investing.Several...
View ArticleBetty Lin-Fisher: Are you the ‘family bank?’ Update on Summit County natural...
A recent study by Merrill Lynch is thought-provoking on the touchy subject of relatives becoming the “family bank.”“It is one of those hidden issues,” said Jay Seaton, area president of Apprisen,...
View ArticleBusiness moves — Week of Dec. 8
Walsh UniversityJordan M. Hunt was named director of major gifts. He is responsible for programs involving alumni, parents and friends of the university for gifts going toward campaigns or...
View ArticleBusiness news briefs — Dec. 8
MEDIANew streaming offeringBeats Music, the digital music spinoff of headphone maker Beats Electronics LLC, is set to launch in January. Beats Music is based on the platform of MOG, the subscription...
View ArticleGM pulls back Chevrolet from Europe
DETROIT: General Motors plans to mostly withdraw its Chevrolet brand from Europe in a sharp reversal of its global strategy for its most iconic brand.The move means GM will record net special charges...
View ArticleBusiness calendar — Dec. 8
MondayAffordable Care Act Sign-Up Information — 6:30 p.m., Hudson Library & Historical Society, 96 Library St., Hudson. Annette Brodecky, a certified applications counselor from Axess Pointe...
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