Moderate growth seen in Ohio economy, Fed report says
The Federal Reserve said “moderate” growth across most of the country in December was buoyed by gains in holiday spending by consumers, an improving labor market and strength in manufacturing.“The...
View ArticleBusiness news briefs — Jan. 15
health careNetwork removes doctors UnitedHealthcare is notifying about 5,000 enrollees in their Medicare managed-care plans statewide that their doctors were removed from the insurer’s physician...
View ArticleTime Warner Cable investors probably want $140 a share in deal
Time Warner Cable Inc.’s management wants Charter Communications Inc. to tack on almost $8 billion to its takeover bid. Shareholders may accept a smaller bump.Time Warner Cable this week spurned...
View ArticleHonda plant in Marysville to produce new Acura sedan
DETROIT: In a flurry of other luxury debuts at the North American Auto Show, Acura sought to stand out with the unveiling of its 2015 TLX prototype.The midsize sports sedan was designed in Acura’s Los...
View ArticleLaw firm moves and stays in downtown
One of the area’s oldest law firms has moved, staying downtown and leasing space that has been vacant for several years.Roderick Linton Belfance LLP, founded in 1885, relocated north on Main Street,...
View ArticleHigher gas costs drive U.S. consumer prices up 0.3 percent in December, most...
WASHINGTON: U.S. consumer prices rose last month by the most since June, driven up by higher gas prices, but excluding energy, inflation was tame.The Labor Department says the consumer price index rose...
View ArticleU.S. weekly unemployment benefit claims drop to 326,000
WASHINGTON: The number of Americans seeking unemployment benefits fell 2,000 last week to a seasonally adjusted 326,000, a sign that layoffs are weighing less on the job market and economic growth.The...
View ArticleAOL hands over Patch operations to investment firm
NEW YORK: AOL is handing over operations of its troubled local-news business, Patch.The Internet company has created a joint venture with investment firm Hale Global, which specializes in turning...
View ArticleBusiness news briefs — Jan. 16
HEALTH CARECleveland Clinic names leadersThe Cleveland Clinic named a new leader for its network of outpatient centers and regional hospitals, which includes Medina Hospital. Dr. Brian Donley will...
View ArticleAmerichem of Cuyahoga Falls hires new president
Americhem Inc., the Cuyahoga Falls maker of color concentrates that end up in a variety of polymer products, has appointed a new president from outside the company.The new president is John M. Deignan,...
View ArticleYRC has more talks with unions about concessions
YRC Worldwide Inc. rose after the trucking company said Thursday it resumed talks with the Teamsters union following workers’ rejection of a proposal last week for concessions needed to refinance debt...
View ArticleConsumer prices up 0.3 percent in December
WASHINGTON: Consumer prices rose in December by the most since June, driven up by higher gas prices. However, excluding prices in energy products, inflation was tame.The Labor Department said Thursday...
View ArticlePNC cuts expenses, profit beats analysts’ estimates
PNC Financial Services Group Inc., the second-biggest U.S. regional bank, posted fourth-quarter profit that beat analysts’ estimates as the lender trimmed expenses and set aside less money for soured...
View ArticleJudge dismisses suit by French Goodyear workers
An Akron judge has thrown out a lawsuit filed by French workers at Goodyear trying to save their tire-making jobs at a plant that has become a symbol of their country’s labor tensions.U.S. District...
View ArticlePortage County audience voices concerns, complaints about Sunoco Logistic...
RAVENNA: An overflow crowd of 125 filled two rooms for a public meeting Thursday arranged by the Portage County commissioners over Sunoco Logistics Partners’ plans for its pipelines in the...
View ArticleWhite Castle slider called ’most influential’
COLUMBUS: Time magazine says White Castle’s small, square “sliders” are “the most influential burger of all time.”The magazine notes the “now-iconic square patty” that debuted in 1921 in Wichita, Kan....
View ArticleLIKES AND DISLIKES
Consumer writer Gregory Karp of the Chicago Tribune lists likes and dislikes from a decade of work on his beat:LIKES:•Shaving with an old-fashioned double-edge safety razor and lather brush•$7...
View ArticleThinking about money and ‘spending smart’
The significance of money and wealth goes far beyond material comforts and desires. It goes to the core of human emotions, including security, freedom, self-worth, envy and greed.Regardless of how much...
View ArticleBusiness news briefs — Jan. 19
GAMBLINGN.J. online casinosNew Jersey, the most-populous state to legalize online gambling, said casinos took in $8.37 million in the first six weeks of play in a debut marked by technical glitches and...
View ArticleBusiness news notebook — Jan. 19
BUSINESSESUSIlluminations LLCThe Stow company unveiled its new e-commerce website, www.TheLightingProfessionals.com, which features selections of commercial and residential lighting.Black McCuskey...
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