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Business news notebook — Jan. 5

BUSINESSESAllstate Insurance Co.The following area Allstate agency owners were named Allstate Premier Service Agents for 2013: Jeanne Oldham, Barberton; Gary Yost, Akron; Terry Evans, Canal Fulton;...

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CONTACT US

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...

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Mary Barra, a child of GM, prepares to lead it

DETROIT: When Mary Barra was born in 1961, General Motors was selling half the cars on U.S. roads.In her booming middle-class suburb north of Detroit, the woman who will soon become GM’s CEO remembers...

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Akron company focuses on systems to recycle used cooking oil

Not much thought is given to what happens to the cooking oil used at restaurants after your food is fried, but it’s a good business for an Akron company that manufactures equipment to recycle it. Used...

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Business moves — Week of Jan. 5

Ameriprise FinancialAnnie Zhang became an Ameriprise Financial private wealth adviser. With an office in Fairlawn, the company said she is one of about 6 percent of the nearly 10,000 Ameriprise...

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Boom in craft distilleries indicates going small is key to future

LEXINGTON, KY.: Kentucky’s bourbon industry is in the middle of its biggest expansion since Prohibition, building $300 million in new distilleries, warehouses and tourist centers, and filling a million...

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Customer has spoken, so these cars are done

The customer is frequently right. It’s hard to argue with that conclusion when you look at the cars and trucks automakers pulled the plug on in 2013.Some were misbegotten projects that should never...

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What people say about long-term-care insurance

Some swear by their long-term-care insurance policy. Others swear at it. There is no middle ground. That’s what I learned by reading the many responses to my request for readers to tell me about their...

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AEP proposes rate reduction in Ohio

COLUMBUS: American Electric Power is proposing a rate reduction for Ohio customers beginning in the summer of 2015 — one the state’s ratepayer watchdog says may not go far enough.The utility expects...

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Ohio gas prices down to start workweek

COLUMBUS: Gas prices in Ohio are down to start the first full work week of 2014.The average Monday morning was $3.29 for a gallon of regular gas in the survey from auto club AAA, the Oil Price...

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Some states confirm water pollution from drilling

PITTSBURGH: In at least four states that have nurtured the nation’s energy boom, hundreds of complaints have been made about well-water contamination from oil or gas drilling, and pollution was...

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Restive staff members seize bosses at French Goodyear site

PARIS: Monday’s meeting between labor officials and tire company managers in the northern French city of Amiens was not going well.As farm tires blocked the doorway, two Goodyear managers were trapped...

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Dominion East Ohio Gas asks western Ohio customers to conserve

LIMA, OHIO: Dominion East Ohio Gas is asking customers in western Ohio to dial back their usage over the next few days as temperatures approach record lows.Dominion East Ohio Gas says it’s not in...

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Business news briefs — Jan. 6

LOCAL BUSINESSSchulman earnings upNet income from continuing operations for A. Schulman Inc., the Fairlawn-headquartered resins compunder, rose to $12.4 million or 43 cents a share for the first...

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FirstEnergy lockout in Pa. enters seventh week

The lockout of 142 FirstEnergy Corp. union employees in central Pennsylvania has entered its seventh week with both sides continuing to blame the other for the stalemate.FirstEnergy managers and...

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New $375 million natural gas processing plant in Mahoning County is operational

A new natural-gas processing plant is operating in eastern Ohio.The $375 million Hickory Bend cryogenic processing plants at New Middletown in Mahoning County began operations on Dec. 31, Pennant...

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Roku TV will stream video without set-top box

LAS VEGAS: Roku is launching a line of TVs that play video from services like Netflix without requiring a set-top box. While similar to smart TVs on the market already, the company’s Internet streaming...

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Stocks drop for 3rd day of new year

NEW YORK: Stocks fell for a third day, the longest stretch of declines to start a year for the Standard & Poor’s 500 index since 2005, after slower-than-forecast growth in service...

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Akron General opens medical building in Green

Akron General Health System is continuing to boost its presence in the competitive community of Green with new services in a recently opened Green Medical Office Pavilion.The three-story,...

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Buehler’s announces contest to name brownies

Buehler’s Fresh Foods is asking customers to help them name their new line of decadent brownies.Just don’t suggest Killer Brownies — that name’s already taken.Buehler’s began carrying the new line of...

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