ConAgra gobbles up store brands with Ralcorp deal
ConAgra Foods is set to become the nation’s biggest maker of store brand foods, with its $5 billion purchase of Ralcorp announced Tuesday. The move expands ConAgra’s stake in the fast-growing market...
View ArticleApple to start selling new iMacs on Friday
CUPERTINO, CALIF.: Apple says the smaller version of its new, slimmed-down iMac desktop computers will go on sale Friday.It will also start taking orders for the larger model, but the units won’t ship...
View ArticleGM says electric Chevy Spark will start at less than $25,000
General Motors Co., which has failed to meet sales goals for the Chevrolet Volt plug-in hybrid, plans to begin selling an all-electric version of the Chevrolet Spark initially in California and Oregon...
View ArticleStocks drop on budget news
NEW YORK: Stocks dropped on Tuesday after Senate Majority Leader Harry Reid, D-Nev., said little progress has been made in federal budget talks.The Dow Jones industrial average declined 89.24 points,...
View ArticleConsumer group settles with Ohio gas utility
COLUMBUS: Columbia Gas of Ohio has reached a settlement with a top consumer group that could end regulated pricing of natural gas by 2017.The Ohio Consumers’ Counsel announced this week that it has...
View ArticleFirstEnergy to build $45 million transmission center in Akron
FirstEnergy Corp. will build a $45 million transmission control center at its West Akron campus, replacing an existing center in Wadsworth Township.The Akron-based electric utility announced plans...
View ArticleOhio drilling opponents won’t get public hearing
ATHENS, OHIO: The state is holding an open-house style forum instead of the formal public hearing that southeastern Ohio gas-drilling opponents had wanted.The Columbus Dispatch reports that opponents...
View ArticleEnergy company reports top production well in Ohio
Gulfport Energy Corp. keeps striking it rich.The Oklahoma company has a new well in Belmont County that it reports is the biggest producer in Ohio.The well, known as Shugert 1-12H, tested at 28.5...
View ArticleBusiness news briefs — Nov. 28
LOCAL BUSINESSShareholder pushes TimkenA large activist shareholder wants Canton-based Timken Co. to spin off its steel business.Timken responded saying it isn’t interested “at this time.”The...
View ArticleFed survey: U.S. economy growing at steady pace
WASHINGTON: A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey...
View ArticleLeBron James has top-selling jersey in NBA
Akron native LeBron James regained the top spot in the National Basketball Association’s ranking of top-selling jerseys, with the New York Knicks’ merchandise now the most popular.James, who led the...
View ArticleStocks rally as politicians talk deal
NEW YORK: Stocks rose sharply on Wednesday, lifting the Standard & Poor’s 500 index back into the green for the week, after comments by President Barack Obama and House Speaker John Boehner...
View ArticleOhio Supreme Court sides with FirstEnergy in dispute over electric discounts...
The Ohio Supreme Court has ruled that a Geauga County lawsuit regarding all-electric discounts against FirstEnergy must be pursued through state regulators and not the judicial system.In a 6-1 decision...
View ArticleLakemore plaza lands Tractor Supply Co.
LAKEMORE: The aging Tri-County Plaza has landed national retailer Tractor Supply Co. The Tennessee-headquartered chain of farm supply stores plans to open in vacant space in the 53-year-old plaza...
View ArticleFracking protest gets heated in Southeast Ohio
ATHENS, OHIO: Around 100 protesters have been escorted from a public forum over injection gas drilling in southeastern Ohio.The Columbus Dispatch reports that it happened Wednesday night in Athens. A...
View ArticlePlans changing for Akron block that housed church
A high-profile block near downtown Akron is still getting a big makeover, but the project has changed.A “national retailer” is now planning to build at South Main and Thornton streets, south of...
View ArticleRetailers report weak sales gains for November
Black Friday was no match for Sandy.Major retailers from Target to Macy’s reported weak November sales as the strong start to the holiday shopping season — including a good showing on the day after...
View ArticleComing up
SUNDAY: Consumer writer Betty Lin-Fisher to report on one family’s war against junk mail.
View ArticleBusiness news briefs — Nov. 29
LOCAL BUSINESSB&W signs supplierBabcock & Wilcox Co. has signed up Lehigh Heavy Forge Corp. in Pennsylvania to build large forgings for the North Carolina company’s new small modular nuclear...
View ArticleStocks extend gains on budget talks hopes
NEW YORK: Stocks on Thursday rose for a second day, lifting the Dow industrials into positive terrain for the week, as investors bet on at least a short-term fix to avert the so-called fiscal cliff in...
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