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Beyond envy: Wealth addiction revisited

“Money is America’s most powerful drug. Here’s how it weakens us and how we can free ourselves.”So reads the dust jacket of my signed copy of Wealth Addiction. The 1983 book is sociologist Philip...

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Low-wage jobs take toll on families

The holiday season begins anew, chaotic and redundant, moving into full gear for those of us lucky to have jobs and cash to spend. At some point this season, you will hand your money to a cashier or...

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Sony introduces ultra-high-definition video player

LOS ANGELES: The Amazing Spiderman, Taxi Driver and The Karate Kid are getting some real resolution.The new, restored and rebooted films from Sony Pictures are among the content coming pre-loaded on a...

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Small-business owners face health-care dilemma

Rose Wang looks at her staff of 70 employees and wonders if she’ll have to lay off some of them to comply with the health-care law.The owner of Binary Group Inc., an information technology firm based...

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Business news briefs — Dec. 17

LOCAL BUSINESSBridgestone unit growsBridgestone Corp.’s joint tire-making venture in Turkey intends to boost its sales volume by 10 to 15 percent in 2013 as the country makes winter tires compulsory...

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Alternative minimum tax might be unwelcome surprise for some

WASHINGTON: The federal government budget negotiations known as the “fiscal cliff” have focused attention on the risk of taxes rising next year. But a stealth tax increase could force some taxpayers to...

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The ins and outs of holiday gift cards

As much as people might like to think otherwise, the odds are pretty good that someone won’t use the gift card you tuck in a stocking.What if you just toss it somewhere? One survey showed that American...

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Summa recovers $1.8 million of drugs provided free to uninsured

A local hospital system has found a possible cure for some patients who can’t afford expensive medications used to treat cancer and other costly disorders.Since last year, Summa Health System has...

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S&P 500 rises most in one month as investors watch budget talks

NEW YORK: Stocks rose Monday, giving the Standard & Poor’s 500 index its biggest gain in about a month, as investors weighed prospects for a budget deal in Washington.All 10 groups in the S&P...

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Restaurateur expands empire on historic Tallmadge Circle

TALLMADGE: Call area restaurateur Tony Jaber “Circle Man.”He has bought another property on historic Tallmadge Circle — this time purchasing the vacant Big Boy restaurant.Jaber last year bought the...

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Convicted Fair Finance official says he can’t afford lawyer for appeal

INDIANAPOLIS: An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can’t afford to hire an attorney to handle...

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New York groups want details on fracking health study

ALBANY, N.Y.: A coalition of environmental groups is calling on state officials to release details of a health impact study for shale gas drilling and high-volume hydraulic fracturing.Representatives...

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Small bookstores show way to survive

The Snowball Bookshop has seen a lot of retail neighbors come and go in downtown Barberton.There was a jewelry store, a furniture shop, a collectibles emporium and more in the renovated historic brick...

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Ohio to notify businesses of tax overpayments

COLUMBUS: Ohio’s tax department says it will start alerting businesses when they’ve overpaid taxes and help them reclaim their money.Previously, if businesses failed to discover the error in paying...

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Coming up.

TODAY: FedEx Corp. to release quarterly financial report.

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Business news briefs — Dec. 18

LOCAL BUSINESSGulfport makes moveGulfport Energy Corp. announced on Monday that it is increasing its ownership interest in the lucrative Utica shale in eastern Ohio.The Oklahoma-based energy company is...

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Legal settlement with ex-owner will wait in Fair Finance case

The judge overseeing the Fair Finance Co. bankruptcy said Tuesday she would wait until next year to make a ruling on a proposed $3.55 million settlement with the collapsed company’s former owner,...

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Nielsen to buy radio-ratings firm Arbitron for $1.26 billion

Nielsen Holdings NV, the biggest tracker of U.S. television ratings, agreed to buy Arbitron Inc. for about $1.26 billion in cash, giving it access to the largest source of data on the country’s radio...

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Toyota fined record $17.4 million for not reporting flaws

Toyota Motor Corp., the company that has paid the most in fines to a U.S. auto safety regulator, agreed to pay a $17.4 million civil penalty for delaying reports of a vehicle defect.The new fine stems...

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University Park Alliance awarded nearly $8 million by Knight Foundation

The neighborhood development group University Park Alliance has been awarded nearly $8 million to continue building Akron’s urban core.On Tuesday, the John S. and James L. Knight Foundation announced...

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