Hostess says talks to stave off shutdown fail
NEW YORK: Hostess Brands Inc. lived to die another day.The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess...
View ArticleFewer seek U.S. jobless aid as storm distorts data
WASHINGTON: The number of people seeking U.S. unemployment benefits fell sharply last week to a seasonally adjusted 410,000, though the figure was elevated for the second straight week by Superstorm...
View ArticleBeacon Journal phones are down
The Beacon Journal phone lines are inoperable and the phone company is seeking a solution.For circulation issues, customers can use the online subscriber services at...
View Article30-year mortgage rate hits record-low 3.31 percent
WASHINGTON: Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that is boosting home sales and aiding the housing recovery.Mortgage buyer Freddie Mac says the average...
View ArticleHostess gets OK to begin winding down business
WHITE PLAINS, N.Y.: A bankruptcy court judge on Wednesday approved a request by Hostess Brands Inc. to begin winding down its operations.The ruling came Wednesday after the maker of Twinkies, Ding...
View ArticleBusiness news briefs — Nov. 21
LOCAL BUSINESSGoodyear exec honoredGoodyear’s executive vice president and chief financial officer, Darren R. Wells, is the Crain’s Cleveland Business magazine CFO of the Year.Wells was named out of a...
View ArticleEnergy stocks you may be thankful to own
Energy stocks have been battered by rising costs, falling production and bad weather, causing several of them to miss third-quarter earnings targets.An ailing global economy’s impact on energy demand...
View ArticleStocks edge up ahead of Thanksgiving break
NEW YORK: The stock market crept higher Wednesday ahead of the Thanksgiving holiday. Major market indexes got a slight lift after news broke of a cease-fire agreement between Israel and Hamas in the...
View Article2013 Honda Crosstour debuts
The new Honda Crosstour has a lower price and improved fuel economy, the latest incarnation of an Ohio-made model that has never been a big seller.Dealers on Tuesday began selling the 2013 Crosstour, a...
View ArticleAkrochem to move to former Republic Steel headquarters in Fairlawn
Family-owned niche marketer Akrochem likes to operate a bit under the public radar.The longtime Akron business and its manufacturing arm, Revlis (silver spelled backward) specializes in compounding...
View ArticleJ.C. Penney’s journey from 1 store to 1,100
A look at J.C. Penney milestones:• 1902: James Cash Penney, son of a Baptist preacher and farmer, opens the Golden Rule, a dry goods and clothing store in Kemmerer, Wyoming. The name was based on his...
View ArticleJ.C. Penney leader at a glance
J.C. Penney leader’shistory at a glanceNAME: Ron Johnson.OCCUPATION: Chief executive officer of J.C. Penney Co.AGE: 53.FAMILY: Wife, Karen, one daughter, one son.EDUCATION: Stanford University, BA,...
View ArticleFive mistakes retirees make choosing a Medicare plan
If you have Medicare coverage or you help someone who does, it’s time for your annual homework assignment: comparing your options during open enrollment to see if you can do better.It can be...
View ArticleAcme State Road continues progress
The remodeling of the Acme Fresh Market on State Road continues its progress — with crews literally building a new store above and around the existing store.While the $8 million project wasn’t...
View ArticleGM piles up cash two years after public stock offering
DETROIT: Two years after a wounded General Motors returned to the stock market, the symbol of American industrial might is thriving again.It has been two years since GM’s initial public stock offering...
View ArticlePenney CEO tries to change the way consumers shop
J.C. Penney CEO Ron Johnson seems unfazed that the department store chain’s mounting losses and sales declines have led to growing criticism of his plan to change the way people shop. Perhaps that’s...
View ArticleLocal retailers ready for Small Business Saturday
GREEN: A jam-packed weekend of shopping is upon us, but the most important day for many retailers could be Saturday, not Black Friday or Cyber Monday.Small retailers have teamed up for the third annual...
View ArticleNational report: Earlier Black Friday kicks off shopping season
This year’s Black Friday shoppers were split into two distinct groups: those who wanted to fall into a turkey-induced slumber and those who’d rather shop instead.Stores typically open in the wee hours...
View ArticleReaders give opinions on Mint floor cleaner
Readers who weighed in on the Mint floor-cleaning robot had mixed experiences with the machine.Karen Williams of Akron, one of four Mint owners who responded to our request for feedback on the product,...
View ArticleDoes It Work?: Roto Punch, Mighty Light, Sift & Toss, LavaSeat and Mint
Today the Does It Work? crew turns its attention to products for the home.Consumer reporter Betty Lin-Fisher, food writer Lisa Abraham and I put five products to the test for this installment,...
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