Target data breach pits banks against retailers
WASHINGTON: Banks and big retailers are locked in a debate over the breach of consumer data that gripped Target Corp. during the holiday season. At issue: Which industry bears more responsibility for...
View ArticleBusiness news briefs — Feb. 4
LOCAL BUSINESSForum on Canadian energyOil reserves in the “oil sands” of Alberta, Canada, will take center stage at a Northeast Ohio business forum today. Called Fueling the Buckeye Economy:...
View ArticleToyota profit up on weak yen, good sales
TOKYO: Toyota reported a more than fivefold jump in its quarterly profit Tuesday and raised its earnings forecast, crediting a weak yen in foreign currency exchange and strong sales.Toyota’s profit for...
View ArticleDon Haywood’s decades of work built on a solid foundation
Back in 1954, Don Haywood talked himself into a job at Akron Sales Co., which specializes in selling and distributing bricks and related builders supplies.A Kentucky native fresh out of serving two...
View ArticleSmucker ready to take world stage with Olympics sponsorship
When the Winter Olympics begin Thursday night in Sochi, Russia, a spotlight also will shine on a Northeast Ohio company. The J.M. Smucker Co., maker of such brands as Smucker’s jellies, Jif and...
View ArticleCVS Caremark plans to stop selling tobacco products at its 7,600 drugstores
CVS Caremark is kicking the habit of selling tobacco products at its more than 7,600 drugstores nationwide as it focuses more on providing health care.The nation’s second-largest drugstore chain said...
View ArticleTax help available in Akron on Saturday
Area low- to moderate-income taxpayers can get help preparing and filing their taxes at separate events Saturday.The Akron-Canton Regional Foodbank and the Ohio Benefit Bank will hold a free tax...
View ArticleBusiness news briefs — Feb. 5
LOCAL BUSINESSJob help offeredOpenings are available in two free programs for job seekers offered at the Hudson Library & Historical Society this month.Today, a 7 p.m. program is aimed at job...
View Article10 states, but not Ohio, considering Internet gambling bills
ATLANTIC CITY, N.J.: At least 10 U.S. states are considering bills to legalize or expand Internet gambling this year, according to a group that tracks gambling-related legislation worldwide. Ohio is...
View ArticleOhio craft brewers support bill to raise state’s alcohol limit in beer
COLUMBUS: The Ohio Craft Brewers Association is backing a state bill that would increase the amount of alcohol allowed in beer.The association’s board voted this week to support House Bill 391, which...
View ArticleCleveland region loses more jobs than any metro area in the nation; Akron...
Greater Cleveland lost more jobs than any metropolitan area in the country in December — the eighth month in a row the area has had that unwelcome distinction.The Cleveland-Elyria-Mentor region lost...
View ArticleJob fair attracts 600
About 600 people attended the Winter Job Fair that was held Wednesday at Quaker Station, owned by the University of Akron.There were 70 employers at the fair accepting applications and discussing...
View ArticleCincinnati insurer seeks to buy rest of National Interstate
A large Cincinnati insurer wants to buy up all remaining shares of Richfield-based specialty insurance company National Interstate Corp. that it doesn’t own.American Financial Group Inc., which already...
View ArticleTickets still available for SparkAK; team event in Akron aimed at...
Tickets are available through noon Friday for the SparkAK, a weekend-long team event aimed at entrepreneurial types that begins Friday evening.“Startup enthusiasts” will get to “meet one another,...
View ArticleSurvey: U.S. companies add 175,000 jobs in January
WASHINGTON: A private survey shows that businesses added jobs at a modest pace in January, a sign that hiring may have rebounded after a disappointing figure in December.Payroll processor ADP says...
View ArticleCVS plan to pull tobacco may put pressure on other retailers
CVS Caremark’s decision to pull cigarettes and other tobacco products from its stores could ripple beyond the nation’s second-largest drugstore chain.The move, which drew praise from President Barack...
View ArticleApplications for U.S. jobless aid fall 20,000 to 331,000
WASHINGTON: The number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.The Labor...
View ArticleAverage U.S. rate on 30-year mortgage dips to 4.23 percent
WASHINGTON: Average U.S. rates for fixed mortgages fell this week as the latest data continued to indicate a pause in the housing market’s recovery.Mortgage buyer Freddie Mac said Thursday the average...
View ArticleA new way to invest in a 401(k): ETFs
Be the market. Minimize costs.It sounds like a Zen saying, but it’s also an investing strategy. Every month, billions of dollars flow into mutual funds and exchange-traded funds that simply track a...
View ArticleBusiness news briefs — Feb. 6
LOCAL BUSINESSCompany urges: Buy U.S.An Akron company, American Made Bags, is part of U.S. Sen. Sherrod Brown’s renewed call for the federal government to stop spending taxpayer dollars on textile...
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