Chesapeake says it has high hopes for its Utica shale sites
Chesapeake Energy expects to double its Utica shale processing capacity by the end of the year.The capacity increase will come even as Chesapeake on Thursday announced it was reducing overall 2014...
View ArticleGM reports lower-than-expected fourth-quarter earnings
DETROIT: General Motors’ fourth-quarter net profit rose 2 percent from a year ago, but the company fell short of Wall Street expectations as it spent heavily to restructure outside the U.S.GM said...
View ArticleMortgage interest rates on 30-year loan at 4.23 percent
WASHINGTON: Average interest 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...
View ArticleAllstate shares gain most since 2012 on earnings report
Shares of Allstate Corp., the largest publicly traded U.S. auto and home insurer, gained the most Thursday since August 2012 after the company’s profit report beat analysts’ estimates.Allstate advanced...
View Article2 FirstEnergy power plants closing earlier than planned in Northeast Ohio
FirstEnergy Corp. is planning to close two Northeast Ohio power plants earlier than initially planned.The Plain Dealer reports that the utility will close its Eastlake and downtown Cleveland Lake Shore...
View ArticleBusiness news briefs — Feb. 7
TECHNOLOGY‘Kill switch’ proposedLegislation unveiled Friday in California would require smartphones and other mobile devices to have a “kill switch” to render them inoperable if lost or stolen — a move...
View ArticleDrink makers giving people ways to ditch the can
NEW YORK: It keeps getting easier to ditch the soda can.When Coca-Cola said this week that it would let people make its drinks at home using a beverage machine, it became the latest company to take...
View ArticleWeak U.S. jobs report also offers hints of optimism
WASHINGTON: A second consecutive month of weak jobs growth renewed concerns Friday that the vigor displayed by the American economy late last year might be gone, at least for the moment.The Labor...
View ArticleTimken Co.’s unionized workforce readies for steel spinoff
CANTON: Retired Steelworker Daniel Grimsley wishes the best for the 1,800-plus union members working at Timken Co. as the Canton manufacturer prepares to spin off its steel operations by this...
View ArticleElliot Raphaelson: Tips on long-term investing
I have frequently emphasized the importance of a diversified portfolio and of having a significant portion of common stocks, even in retirement.Although I have been retired for 18 years, I still...
View ArticleWas Microsoft smart to play it safe with CEO pick?
After compiling a list of more than 100 CEO candidates, Microsoft settled on Satya Nadella, a homegrown leader who joined the software maker in the early 1990s. That’s back when Google’s founders were...
View ArticleDurango a worthy three-row SUV
Already a commendable family vehicle with three rows of seats, the Dodge Durango gets even better for 2014 with improved fuel economy, an impressively easy touchscreen and voice control dashboard...
View ArticleFebruary gas price reflecting arctic chill
Beacon Journal columnistDon’t panic.Dominion East Ohio announced that the price for natural gas for customers on the Standard Choice Offer (SCO), the monthly variable price with a provider assigned by...
View ArticleBusiness news solutions items — Feb. 9
COMPUTERSViruses and firewallsQ: When I turn on my 2004 Windows XP computer, it warns me that the firewall is not turned on. But for reasons that aren’t clear, I haven’t been able to activate the...
View ArticleBetty Lin-Fisher: Auto-title loans can be detrimental to consumers
Jamela Lott admits that in hindsight, she made a bad decision in a time of stress.A 13-year-old car was her one asset — but now it is in jeopardy of being lost.In August, the single mother of five was...
View ArticleMcMillon takes over Walmart, facing challenges from U.S. to Brazil
Doug McMillon’s first days as chief executive officer of Wal-Mart Stores Inc., the world’s largest retailer, promised to be busy.The 47-year-old head of the company’s international division, who...
View ArticleBusiness news briefs — Feb. 9
ELECTRONICSNew Samsung tabletsSamsung’s new line of tablets will go on sale in the U.S. on Thursday. Announced at the recent International CES show, the new “Pro” tablets feature touch screens that are...
View ArticleBusiness news notebook — Feb. 9
COMPANIESRoderick Linton Belfance LLPThe following attorneys were listed as 2014 Ohio Super Lawyers: William G. Chris, civil defense litigation; Christopher C. Esker, civil defense litigation; and...
View ArticleBusiness calendar — Feb. 9
MondayIntroduction to Microsoft PowerPoint — 2 p.m., Hudson Library & Historical Society, 96 Library St., Hudson. This class covers the basics of PowerPoint, including creating a slideshow...
View ArticleThe best Super Bowl ads weren’t on during the game
Brands have figured out how to get Super Bowl buzz without paying Super Bowl bucks.Some of the companies that had the most success during the recent game were not official sponsors.Newcastle beer...
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