Water conservancy district considers new Utica shale leases at Piedmont Lake
The Muskingum Watershed Conservancy District is looking to add new lucrative Utica shale leases at Piedmont Lake.The district manages more than 6,600 acres of property at Piedmont Lake, and most of it...
View ArticleRegion sets electricity consumption record twice on Tuesday
The energy crisis is over, at least for now.With rising temperatures reducing the demand for electricity, PJM Interconnection, the electric grid operator for more than 61 million people in 13 states...
View ArticleWeekly U.S. unemployment benefit claims drop to 330,000
WASHINGTON: The number of Americans seeking unemployment benefits fell 15,000 last week to a seasonally adjusted 330,000, signaling fewer layoffs and steady job growth.The Labor Department said...
View ArticlePilot Flying J settles lawsuit over rebate fraud with Nashville company
KNOXVILLE, TENN.: A Nashville trucking firm has settled its lawsuit over rebate fraud by the Pilot Flying J truck stop company owned by the family of Browns owner Jim Haslam and Tennessee Gov. Bill...
View ArticleHoliday sales for Sterling Jewelers’ parent up, but company cuts forecast
Sales during the all-important holiday retail season at Signet Jewelers Ltd. stores open at least a year — including Kay Jewelers and the Jared chain — were up 5 percent.Nevertheless, the company whose...
View ArticleAverage U.S. rate on 30-year mortgages at 4.51 percent
WASHINGTON: Average U.S. rates for fixed mortgages barely changed this week, hovering near historically low levels.Mortgage buyer Freddie Mac said Thursday that the average for the 30-year loan slipped...
View ArticleDeep freeze may have cost economy about $5 billion
MINNEAPOLIS: Hunkering down at home rather than going to work, canceling thousands of flights and repairing burst pipes from the Midwest to the Southeast has its price. By one estimate, about $5...
View ArticleBusiness news briefs — Jan. 9
LOCAL BUSINESSNew Goodyear director Goodyear’s newest director is Michael J. Morell, retired deputy director of the Central Intelligence Agency and a Cuyahoga Falls native. The Akron tire maker on...
View ArticleStocks little changed as investors await report
NEW YORK: Stocks were little changed Thursday as retailers slumped and investors awaited today’s jobs report for clues to whether the Federal Reserve will accelerate the pace of cutbacks in economic...
View ArticleFord hikes quarterly dividend 25 percent
SOUTHFIELD, MICH.: Citing its improved balance sheet, Ford on Thursday boosted its quarterly dividend for common shares and the stock held by its founding family by 25 percent.The quarterly...
View ArticleTeamsters reject YRC labor pact extension
Shares of YRC Worldwide Inc. dropped the most in eight weeks as its Teamsters union members voted to reject a labor contract extension needed for the trucker to refinance more than $1 billion of debt...
View ArticleGambling sponsorship by sports teams in New Jersey is a first
The NBA’s Philadelphia 76ers and NHL’s New Jersey Devils signed a multiyear marketing agreement with the website partypoker, becoming the first major U.S.-based professional sports teams to align...
View ArticleAkron area starting to feel economic benefits of Ohio’s Utica drilling, study...
Summit County is starting to feel the economic benefits of Utica shale development, according to a new report from Cleveland State University.In the 38-page Ohio Utica Shale Gas Monitor, authors Edward...
View ArticleU.S. economy adds 74,000 jobs, unemployment rate falls to 6.7 percent
WASHINGTON: U.S. employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy’s recent...
View ArticleChinese auto parts producer to put plant at former Ohio GM site, bringing...
COLUMBUS: A Chinese company will build an automotive glass-making plant in Southwest Ohio, creating up to 800 jobs and revitalizing a former General Motors factory site, officials said Friday.Officials...
View ArticleAkron General Medical Center ends exclusive talks with Cleveland Clinic,...
Akron General Health System is back on the market for a new owner after recently ending exclusive talks with the Cleveland Clinic and a national for-profit hospital chain.Since August, Akron General...
View ArticleTarget raises estimate for number of customers caught up in data breach to 70...
NEW YORK: Target’s December security breach was significantly more extensive and affected millions more shoppers than the company reported last month.The nation’s second largest discounter said Friday...
View ArticleBetty Lin-Fisher: Be a vigilant consumer; more natural gas updates; watch...
The theme of today’s column is remaining vigilant as a consumer.It isn’t easy. First, you have to navigate the barrage of advertising about products and services in many forms. There are traditional...
View ArticleBusiness news solutions items — Jan. 13
HOME ENERGYTake advantage of tax benefitsAs you prepare to file your federal tax return for 2013, take advantage of several home energy-efficiency tax credits that expired last year.Several sites offer...
View ArticleVolkswagen expected to build SUV in Tennessee
Volkswagen AG, Europe’s largest carmaker, will add a mid-sized sport utility vehicle in the U.S. and will likely build the SUV at a factory in Chattanooga, Tenn., according to two people familiar with...
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