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A 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...

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Akron Woman’s City Club leader knows the ropes

Judith Wishnek didn’t have much of a learning curve when she started her new job last month as general manager of the Akron Woman’s City Club.That’s because she had the job before.The Cleveland native...

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Business moves — Week of Feb. 9

J.M. Smucker Co.Kevin Jackson was elected vice president and general manager.He succeeds Ken Miller, who is retiring June 15 after 34 years with the company.Jackson has been with the company for 12...

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Small businesses use offbeat ways to sell products

In the battle to win shoppers’ dollars, small companies are finding creative ways to be where the sales are.GSC Products sells nasal spray in a hardware store to capture sales from people working on...

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Stocks rebound to post gain for the week

NEW YORK: As comebacks go, this one was a couple of days in the making.On Friday, the U.S. stock market rebounded from a deep slump earlier in the week to muster the first positive five-day stretch...

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Scott Burns: Hedge fund investing isn’t smart

“Secretariat couldn’t win the Kentucky Derby with Shaquille O’Neal on his back.”That’s how John West, a managing director at Research Affiliates in Newport Beach, Calif., summarizes the problem with...

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New residence for elderly can affect Social Security

Q: My mother receives Supplemental Security Income (SSI) benefits. If she has to enter a nursing home later this year, does this affect her SSI benefits?A: Moving to a nursing home can affect your...

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Cable merger future-proofs against Internet’s rise

When you buy a TV, sales clerks often pitch you on “future proofing” your set. Turns out, buying a cable TV company relies largely on the same principle.Charter Communications Inc.’s $38 billion bid to...

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Researchers create an alternative to ‘digital currency’ called Zerocoin

Inside a drab computer lab at Johns Hopkins University, a team of researchers is trying to build something that has never existed before: a digital currency that changes hands completely in secret. Its...

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Ohio gas prices up again to start week

COLUMBUS: Prices at the pump in Ohio are creeping back up.The cost for a gallon of regular gas in Ohio was averaging $3.40 in Monday’s survey from auto club AAA, the Oil Price Information Service and...

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Kraft Singles to lose artificial preservatives

NEW YORK: Kraft is removing artificial preservatives from its most popular individually wrapped cheese slices, in the latest sign that companies are tweaking their recipes as food labels come under...

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Government sues AT&T over worker suspensions in Ohio

CLEVELAND: The government has sued AT&T over allegations that it suspended 13 workers without pay for one to three days for reporting work-related injuries in Ohio.The U.S. Labor Department says...

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Business news briefs — Feb. 10

WALL STREETGoogle surpasses ExxonGoogle has passed Exxon to become the second-most valuable U.S. company by market capitalization.According to FactSet data, the Internet company’s market capitalization...

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National Interstate says it will respond to tender offer soon

National Interstate Corp.’s board of directors intends to issue its official recommendation this month on a buyout offer by its majority shareholder, American Financial Group Inc.Specialty insurer...

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FDA reconsiders heart safety of common pain pills

WASHINGTON: Federal health experts are taking a second look this week at the heart safety of pain medications that millions of Americans use to treat arthritis and other everyday aches and pains.The...

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NEOMED pharmacy students offer medication help

Some future pharmacists are trying to help area patients take their medications as prescribed.Pharmacy students from Northeast Ohio Medical University (NEOMED) in Rootstown are organizing public events...

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Beer float, anyone? Yuengling’s Ice Cream returns

POTTSVILLE, PA.: Breyers, Ben & Jerry’s, Edy’s and Yuengling’s: Which thing is not like the others?Trick question. They all make ice cream.The supermarket freezer aisle got a little more crowded...

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Betty Lin-Fisher: Kindness of strangers helps woman with auto-title loan

Thanks to the kindness of strangers, Jamela Lott can keep her car, along with a little extra money, maybe to get into her own apartment.Lott was the woman featured in Sunday’s Taking Action column. I...

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Akron Knight Foundation’s program director resigns

The Akron program director for the John S. and James L. Knight Foundation has resigned. Jennifer Thomas said in an email that she was “leaving Knight to pursue an opportunity that I see to help...

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Big Lots steps in as Hostess thrift outlet

COLUMBUS: Big Lots is now the official thrift outlet for Twinkies and other Hostess snack cakes.The Columbus-based closeout retailer said Monday it is now selling the iconic snack cakes at reduced...

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