SBA nominee has ownership and lending experience
The woman nominated to be the next head of the Small Business Administration has spent decades working with small companies and did a stint in state government.Maria Contreras-Sweet was introduced by...
View Article3-D printing poised to break out of niche area
Some of the oddest items on display at the recent International CES gadget show were edible, origami-like sculptures made of sugar, their shapes so convoluted as to baffle the eye.The treats are one of...
View ArticleBernanke leaves legacy of stimulus and stagnation
WASHINGTON: As Ben Bernanke walks away from the Federal Reserve’s marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy.On...
View ArticleOhio gas prices relatively steady ahead of freeze
COLUMBUS: Ohio drivers trying to keep their gas tanks full during the deep freeze early this week probably won’t notice much change in the price compared with a week ago.The cost for a gallon of...
View ArticleDeclines in U.S. stock market moderate
NEW YORK: Declines in the U.S. stock market are moderating following a rout last week.Industrial stocks were among the few winners after heavy-equipment maker Caterpillar reported a surge in earnings...
View ArticleFord to use rotating shifts to avoid Ohio layoffs
AVON LAKE, OHIO: Ford Motor Co. will use rotating shifts — two weeks on, two weeks off — to avoid indefinite layoffs at its assembly plant, located west of Cleveland.Ford said Monday that rotating...
View ArticleArhaus furniture retailer receives state tax credit to expand in Boston Heights
The company that operates Arhaus furniture stores, currently based in Walton Hills, is scheduled to receive a roughly $800,000 state tax credit for its new headquarters planned in Boston Heights.The...
View ArticleBusiness news — Jan. 27
TRUCKINGTeamsters OK YRC contractYRC Worldwide Inc.’s unionized workforce overwhelmingly approved a revised contract Sunday with the Overland Park, Kan., trucking company, with the Teamsters union...
View ArticleAkron Children’s Hospital seeking ‘Change Bandits’
A young fundraiser for Akron Children’s Hospital is celebrating her own victory this Super Bowl Sunday. Ava Turner, 6, of Munroe Falls is scheduled to take her final dose of chemotherapy after a...
View ArticleSurvey: Personal habits unchanged after data breaches
NEW YORK: American shoppers say they are very concerned about the safety of their personal information following a massive security breach at Target, but many aren’t taking steps to ensure their data...
View ArticleAkron-Canton Airport enjoys second highest passenger year
Akron-Canton Airport had its second busiest year ever last year — only dwarfed by the previous year’s record, which was a bit of a fluke.Last year, a total of 1,723,956 passengers traveled in and out...
View ArticleFirstMerit reports jump in fourth-quarter profit, purchase of Michigan bank...
FirstMerit Corp., the Akron-based banking company, said profit for the fourth quarter shot up as its balance sheet greatly expanded with the purchase of Citizens Republic of Michigan and deposits and...
View ArticleObama hiking minimum pay for new federal contracts
WASHINGTON: President Barack Obama will sign an executive order setting the minimum wage for workers under new federal contracts at $10.10 an hour, the White House said Tuesday. The president will...
View ArticleBeacon Journal job fair going on as scheduled
The 2014 Akron Beacon Journal Career Fair is being held as scheduled from 10 a.m. to 1 p.m. Tuesday despite the frigid weather.The fair with various exhibitors is at the Job Center, 1040 E. Tallmadge...
View ArticleSummit County, Akron jobless rates higher than last year
The unemployment rate in Summit County in December was 6.3 percent, according to data released Tuesday by the Ohio Department of Job and Family Services.That compares with 6.1 percent a year ago and...
View ArticleUnemployment rates fall in 39 U.S. states in December
WASHINGTON: Unemployment rates fell in four-fifths of US states in December and rose in just two, though most of the improvement stemmed from unemployed Americans giving up on their job searches.The...
View ArticleU.S. consumer confidence hits highest since August
WASHINGTON: U.S. consumer confidence has risen to its highest point since August on the strength of a brighter view of the job market and business conditions.The Conference Board, a business research...
View ArticleCleveland area home prices up slightly, dip across U.S. in November on colder...
Home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains, according to and index of home prices in 20 large metro areas.Despite the overall...
View ArticleU.S. durable goods orders drop 4.3 percent
WASHINGTON: Businesses cut back sharply on their orders for long-lasting manufactured goods in December with a key category that signals business investment plans falling by the biggest amount in five...
View ArticleBusiness news briefs — Jan. 28
HOME SALESPrice index drops slightly Home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains, according to an index in 20 large metropolitan...
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