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Hirings, promotions, awards and other business announcements can be sent to: Business News, Akron Beacon Journal, 44 E. Exchange St., Akron, OH 44328, or by fax to 330-996-3052 or by email to...
View ArticleAdvertising veteran ready for next chapter
fter more than 40 years helping companies with their advertising campaigns, Jack S. DeLeo, president and chief executive officer of Hitchcock, Fleming & Associates Inc., is retiring.DeLeo, 60,...
View ArticleStores have free rein to recoup shoplifting losses
NEW YORK: Outside the view of paying customers, people accused of shoplifting at Macy’s huge flagship store are escorted by security guards to cells in “Room 140,” where they can be held for hours,...
View ArticleBusiness moves — Week of Dec. 22
Akron GeneralAkron General announced the following new physicians: Stefan Dupont, M.D.; Michael Gangel, M.D.; Mark Hoeprich, M.D.; Ari Wachsman, M.D.; Anubhav Garg, M.D.; Ryan Gasser, M.D.; and Vinay...
View ArticleU.S. lags in adopting more secure credit cards
The massive data breach at Target this past week has again highlighted how the United States remains a relatively insecure backwater when it comes to credit-card technology.Over the last decade, most...
View ArticleCharitable gift funds make giving easy
Suppose you have a sudden surge of income or, better yet, wealth. What do you do? The question isn’t as dumb as it may seem.The first thing you can do is be thankful. This is a great problem to have,...
View ArticleGift Guide: Strong slate of iPad challengers
Once upon a time, people who craved a tablet computer bought an iPad.But Apple faces its strongest slate of challengers this holiday season, with several tablets besting the trend-setting iPad on price...
View ArticleTo clean up coal, Obama pushes more oil production
DE KALB, MISS.: America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the...
View ArticleU.S. consumer spending rises 0.5 percent in November
WASHINGTON: Americans increased their spending in November by the most in five months, and their income edged up modestly.Consumer spending rose 0.5 percent from October, when spending had risen 0.4...
View ArticleHeadphones, speakers top gift lists
ATLANTA: Listen up, Santa.Headphones, speakers and other audio gear are topping the holiday gift lists of many Americans.Audio equipment is among the top-selling electronics gifts this holiday season,...
View ArticleBusiness news briefs — Dec. 23
LOCAL BUSINESSPNC Bank settlesPNC Financial Services Group Inc. agreed to pay the U.S. $35 million to settle claims that minorities were charged more for home loans than similarly qualified white...
View ArticleYRC has accord on cutting debt
YRC Worldwide Inc. may reduce its annual interest cost by as much as a third as the trucker negotiates the refinancing of almost $1 billion in debt that hinges on a union vote next month to accept...
View ArticleTime Warner Cable has shareholder backing as takeover offer looms
Time Warner Cable Inc. is loathed by many consumers and loved by many investors. It is its shareholders who might give incoming Chief Executive Officer Rob Marcus the will to reject a $62 billion offer...
View ArticleHospital radio show gets new home
Akron General’s weekly radio program is getting a new home after New Year’s Day.The hourlong show hosted by Dr. Debbie Plate is moving from WAKR (1590-AM) to WTAM (1100-AM) out of Cleveland starting...
View ArticleBusiness news briefs — Dec. 24
LOCAL BUSINESSTwo startup programsThe Summit Medina Business Alliance announced two seminars that will be presented in January.A “Business Basics” seminar will be held from 4-6:30 p.m. Jan. 8 at the...
View ArticleLooking a gift card in the mouth
Christmas traditionally meant gifts wrapped with ribbon and bow, or maybe the occasional check in an envelope. But for many harried shoppers, the default present has become a gift card.The National...
View ArticleStocks end on a high note before Christmas
NEW YORK: Stocks rose in a holiday-shortened trading day Tuesday, helped by a report that showed American companies were investing in their businesses at the fastest pace since January.Markets were...
View ArticleHyundai, Kia to pay up to $395 million to settle overstated fuel rating
Hyundai and Kia, the affiliated South Korean automakers, agreed to spend as much as $395 million to settle lawsuits brought by customers claiming the companies overstated fuel-economy ratings.Hyundai’s...
View ArticleMedina candy company makes fudge from ‘A Christmas Story’
Workers in a manufacturing facility off a rural road in Medina are bringing to life an iconic part of popular culture — and its Cleveland connection.For four years, McJak Candy in Medina has had the...
View ArticleInvestors are giving some stock pickers a chance
Stock pickers are getting respect again. Well, some of them.Respect in investing often is measured in dollars, and investors this year have been putting money into some actively managed mutual funds....
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