Antero Resources reports on three giant natural gas wells in Ohio’s Noble County
Colorado-based Antero Resources has unveiled three of the biggest natural gas wells in Ohio — all in Noble County.The Milligan 2H well in Seneca Township is producing 40.2 million cubic feet per day of...
View ArticleFourth-quarter profit beats forecasts at Ford but 2014 profits will dip
DEARBORN, MICH.: Ford enjoyed one of the best years in its history in 2013, but the celebration won’t last long.Ford has already warned that profits will be down this year as it launches a record 23...
View ArticleJob seekers warm up employment prospects at fair
Lillie Hines didn’t let subzero temperatures get in the way of a job search.She was among more than 500 people who braved Tuesday’s polar-cold weather to attend the 2014 Akron Beacon Journal Job Fair...
View ArticleOhio wants appeal of gas-drilling wastewater well thrown out
ATHENS, OHIO: The state wants an agency to throw out an appeal of a permit issued for a gas-drilling wastewater well in Southeast Ohio.The Ohio Attorney General’s Office earlier this week filed a...
View ArticleOhio plants contribute to Honda’s export benchmark
MARYSVILLE, OHIO: Japanese car company Honda is now exporting more cars than it imports — and many of them are assembled at two Ohio plants.The Columbus Dispatch reports that the assembly plants in...
View ArticleFed pulls back further on bond-buying stimulus despite market jitters
WASHINGTON: Despite increasing jitters about the global economy, Federal Reserve policymakers on Wednesday gave an upbeat take on the economy and stuck to their plan to keep reducing their large...
View ArticleBusiness news briefs — Jan. 29
LOCAL BUSINESSGoodyear begins conferenceThe 2014 Goodyear Dealer Conference opened Wednesday at the Nashville Gaylord Opryland Resort & Convention Center in Tennessee.The conference, which attracts...
View ArticleOil company Hess to sell Utica shale land in Ohio
New York-based Hess Corp. on Wednesday announced it is selling 74,000 acres of leased Utica shale land in eastern Ohio with dry natural gas but no liquids.Hess has agreed to sell the leases to an...
View ArticleTax benefits drive up Chrysler fourth quarter earnings
DETROIT: Chrysler and Fiat will be known as Fiat Chrysler Automobiles NV as they move forward together as a single company.Fiat’s board of directors agreed on the new name Wednesday, with headquarters...
View Article700 taking early retirement at Cleveland Clinic
Associated PressCLEVELAND: The Cleveland Clinic says more than 700 workers will take early retirement as the region’s largest employer tries to cut costs.WKYC-TV reports that the Northeast Ohio...
View ArticleApplications for U.S. jobless benefits rise to 348,000
WASHINGTON: Weekly applications for U.S. unemployment benefits rose 19,000 last week to 348,000, the highest in about a month. But the broader trend in applications remains low.The Labor Department...
View ArticleReport: Lackluster results for Ohio’s job program
COLUMBUS: Ohio’s effort to find jobs for welfare recipients has fallen short, according to new report.A $66 million program launched six months ago has so far come up with work for 257 Ohioans, and...
View ArticleUPS posts fourth-quarter results hurt by holiday shipping woes
ATLANTA: UPS earned $1.2 billion in the fourth-quarter but a last-minute surge in holiday shipments drove up costs and hurt results.United Parcel Service Co. on Thursday reported net income $1.25 per...
View ArticleTimken earnings drop but beat analyst estimates; shares rise
Canton bearings and steelmaker Timken Co. released fourth-quarter and full-year 2013 financial results Thursday, saying it expects to earn $3.15 to $3.45 per share in 2014.Sales and net income were...
View ArticleEconomy grows at 3.2 percent rate in fourth quarter
WASHINGTON: The economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014.The...
View ArticleGree recalls another 350,000 dehumidifiers
WASHINGTON: Gree Electric Appliances is recalling an additional 350,000 dehumidifiers because of a risk that they could overheat, smoke or catch fire.The Consumer Product Safety Commission has received...
View ArticleFrom Muppets to puppies, Super Bowl ads get cute
NEW YORK: Call it Cute Bowl.Adorable is the name of the game this year as Super Bowl advertisers try to grab your attention. That means lots of “cute” story lines, including a family that’s expecting a...
View ArticleBusiness news briefs — Jan. 30
LOCAL BUSINESSDavey Tree expandsThe Davey Tree Expert Co. of Kent continues to acquire companies, revealing Thursday that it has acquired Maier Forest and Tree in Rochester, Minn., and Superior NW Tree...
View ArticleTime Warner Cable results top estimates as users pay higher rates
Time Warner Cable Inc., fending off a $37.4 billion buyout bid from cable carrier Charter Communications Inc., beat fourth-quarter profit estimates in a financial report Thursday as it said higher fees...
View ArticleEco-group unveils booklet contending problems tied to shale-gas drilling in...
KENT: Local anti-fracking activists Dr. Ted Voneida and George Sosebee on Thursday helped Environment Ohio unveil a new booklet on shale-drilling horror stories.The booklet on contamination, medical...
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