From text to touch, a look at Microsoft systems
NEW YORK: With Friday’s release of the touch-centric Windows 8 software, Microsoft continues more than three decades of making operating systems for personal computers.Microsoft Corp. got its start on...
View ArticleBusiness news briefs -- Oct. 25
REGIONAL BUSINESSSherwin-Williams’ profits upSherwin-Williams Co. said its third-quarter net income rose 31 percent as improving sales at its paint stores offset weakness in other areas.The Cleveland...
View ArticleUpcoming sale another marker in A. Schulman’s transformation, CEO says
A. Schulman Inc. continues to transform its business to focus on higher value — and higher profit — items, its chief executive officer said.For example, the Fairlawn polymer company, which specializes...
View ArticleDiebold lowers third-quarter earnings, cuts 75 area jobs
Diebold Inc. shares rose slightly Thursday when the company as expected reported poor third-quarter earnings and a lower outlook for the full year. The Green maker of ATMs and security systems said it...
View ArticleTimken revises earnings outlook downward but expects a better 2013
The Timken Co. for the second time this year steeled investors for full-year sales and earnings in 2012 to be less than previous forecasts but called it a temporary dip and expects the economy to...
View ArticleAkron ad agency renovates offices
The new bright yellow awning is a tip-off that marketing agency Hitchcock Fleming & Associates has spruced up its offices on Wolf Ledges Parkway near downtown Akron.The 72-year-old agency, which...
View ArticleDiebold suspends plans for new headquarters in Green
Diebold Inc. has scrapped its plans to build its new world headquarters in Green, saying Thursday it was no longer economically feasible.The news comes as the company, as expected, reported a decline...
View ArticleU.S. economic growth improves to 2 percent rate in third quarter
WASHINGTON: The U.S. economy grew at a slightly faster 2 percent annual rate from July through September, buoyed by more spending by consumers and the federal government.Growth accelerated from the 1.3...
View ArticleBusiness news briefs — Oct. 26
LOCAL BUSINESSInventapalooza event setInventapalooza, the Akron Summit County Public Library’s celebration of invention, returns Nov. 2-3 at the Main Library at 60 S. High St. downtown.The event...
View ArticleGoodyear shares fall as tire maker reports lower third-quarter profit
Goodyear on Friday reported a profitable third quarter, although earnings and revenue were substantially lower than a year ago as tire sales slowed.The Akron tire maker’s results failed to meet analyst...
View ArticleA McDonald’s is proposed in Fairlawn
FAIRLAWN: McDonald’s Corp. wants to build a restaurant at West Market Street and Shiawassee Avenue.Plans for a 4,500-square-foot building have been submitted to the Fairlawn Planning Commission, which...
View ArticleNewell Rubbermaid reorganizing, cutting jobs
Newell Rubbermaid Inc. said Friday it plans to cut more than 1,900 jobs, or about 10 percent of its worldwide work force, over the next 2½ years.The consumer products company, known for Sharpie pens...
View ArticleWeak earnings weigh on stocks
NEW YORK: Stocks closed mostly lower Friday after investors found little to like in weak corporate earnings reports and news of only tepid growth in the U.S. economy in the third quarter.The Dow Jones...
View ArticleCruze adds refinements to economy
The nifty compact Chevrolet Cruze sedan, which hit the ground running when it was introduced two years ago, is the third-best-selling vehicle in its class so far this year, behind perennial favorites...
View ArticleBuying retirement home early can be a good idea
Q: My wife and I would like to retire in three to five years (I am 60 and she is 56). We are wondering if we can buy a home in Corpus Christi, Texas. We would then rent out the home, either short-term...
View ArticleBetty Lin-Fisher: Importance of paying off credit-card balances; tips for...
There are different consumer finance viewpoints about carrying a monthly balance on credit cards.Does it help or hurt your credit worthiness?The subject is a follow-up to a recent reader call-in...
View ArticleMortgage lenders seeing ‘perfect storm’ of rules on the horizon
Mortgage bankers and Realtors are warning that it could become even harder for borrowers to qualify for a home loan early next year as the industry faces what some are calling a “perfect storm” of new...
View ArticleBusiness news calendar — Oct. 28
TuesdayToastmasters Akron 151 — 6:30-8 p.m., Summa St. Thomas Hospital, 444 N. Main St., Akron. Information: 330-733-7683.Northeast Ohio Business Alliance — 7:30-9 a.m., Real Estate Capital Partners,...
View ArticleMusic companies in talks with Apple
Apple Inc. and major music labels have intensified negotiations to start an advertising-supported Internet radio service by early next year. Talks are centered in part around how to share ad revenue...
View ArticleECONOMIC COMMENTARY
Harvey RosenEconomist, entrepreneurBurke, Rosen & AssociatesI’ve been studying these [economic] ups and downs for better than 40 years. There are forces that bring economic expansions to an end and...
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