Ohio jobless rate drops in December, remains higher than U.S. average
Ohio’s unemployment rate dropped in December but remained higher than a year ago.The state jobless rate was 7.2 percent last month, down from 7.4 percent in November but higher than 6.7 percent in...
View ArticleFear of slowing growth pushes down global markets
Fear is back in the market.Investors are worried about slower economic growth in China, a gloomier outlook for U.S. corporate profits and an end to easy money policies in the United States and Europe....
View ArticleCFBank’s enforcement order is lifted; Fairlawn branch in temporary location
Officials with CFBank, which as four Ohio branches including Fairlawn, said Friday that they have been released from an enforcement action by federal regulators.In 2011, Central Federal Corp., the...
View ArticleWii U console flop puts pressure on Nintendo
Nintendo Co. is under pressure to consider ending production of video-game machines after reporting disappointing sales of its Wii U console and forecasting a surprise loss.Nintendo on Jan. 17...
View ArticleArea businesses can learn about Affordable Care Act
Small-business owners can learn the basics of the Affordable Care Act and what it means for their companies and employees during a free U.S. Small Business Administration-sponsored seminar in Akron on...
View ArticleAkron technician receives global award tied to Safelite customer service
When Dan Porter goes out on a job to replace or repair someone’s broken windshield or car side window, he’s thinking customer service.It’s a philosophy he says he has carried with him for more than a...
View ArticleComing up
THURSDAY: Timken to report earnings. FEB. 13: Goodyear, Diebold to post earnings.
View ArticleMustard Seed owners: Looking forward to Highland Square store
Mustard Seed Market’s newest store in Highland Square is under construction with a target opening date of October or November.It comes years after neighborhood residents have clamored for a grocery...
View ArticleBusiness news solutions items — Jan. 26
FINANCETuition tax breaks availableAs college fees continue to rise, many families can use all the financial breaks they can get. One source of assistance is education tax credits and deductions found...
View ArticleBusiness news notebook — Jan. 26
PEOPLEDr. Justin P. Lavin Jr.The chairman of obstetrics and gynecology at Akron General Health System was reappointed to a five-year term on the Maternity and Newborn Advisory Council for Ohio. This is...
View ArticleCONTACT 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...
View ArticleBusiness calendar — Jan. 26
TuesdayToastmasters Akron 151 — 6:30 to 8 p.m., Summa St. Thomas Hospital, 444 N. Main St., Akron. Information: 330-389-9869.Northeast Ohio Business Alliance — 7:30 to 9 a.m., Real Estate Capital...
View ArticleBusiness news briefs — Jan. 26
AUTO INDUSTRYDrivers have charge ragePALO ALTO, CALIF.: An increasing number of electric-vehicle driving employees at Silicon Valley companies are finding it hard to access car-charging stations at...
View ArticleTarget testing smaller store format
Target Corp. is experimenting with a relatively tiny store in Minneapolis that will provide consumers with a “quick-trip experience.”The new Minneapolis store, to be called TargetExpress, will be even...
View ArticleWhat’s wrong with a 6.5 percent yield?
Q: Your column has regularly said there is no good-return safe investment at this time. What is your opinion of the following: A financial adviser has recommended putting $100,000 in a fixed-index...
View ArticleHonda Accord output tops Camry as production expands in North America
Honda’s Accord beat Toyota’s Camry in U.S. output and led in North American car production last year as Asia-based automakers set assembly records in the region amid rebounding sales.Honda built...
View ArticleBusiness moves — Week of Jan. 26
Fifth Third BankAnthony Bowen was hired as a commercial banking relationship manager. He will work on financial issues for current and prospective corporate clients. Northwestern MutualJason R. Lamp...
View ArticleAkron’s Mustard Seed grocery chain continues to sprout
By Betty Lin-Fisher Beacon Journal business writer When Margaret Nabors started a little shop in the Merriman Valley in 1981, selling healthy and natural foods and vitamins was not the norm. Nabors...
View ArticleA good strategy for increasing future retirement income
The most difficult idea to communicate in personal finance is the advantage of delaying Social Security benefits. I’ve written about it for years and years. Every time, more than a few readers push...
View ArticleIRA withdrawals not considered earnings by Social Security
Q: I’m retired and the only income I have is a monthly withdrawal from an Individual Retirement Account (IRA). Are the IRA withdrawals considered “earnings?” Could they reduce my monthly Social...
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