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Despite fiscal cliff deal, taxes to increase for most Americans

WASHINGTON: While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in...

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A look at Wendy’s new value menu

Wendy’s is revamping its value menu, with the new “Right Price Right Size” menu offering 18 items ranging from 99 cents to $1.99. Previously, the value menu had nine items all priced at 99 cents....

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Wendy’s moves past ‘99 cents’ with new value menu

NEW YORK: Wendy’s no longer thinks a hamburger has to be 99 cents to be a deal.The fast-food company known for its Frosty shakes and square burgers has replaced its 99-cent value menu with a beefed up...

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Stocks surge after Congress passes budget deal

NEW YORK: Stocks roared higher on Wall Street and around the world after Congress passed a last-minute budget deal to avert sweeping tax hikes and government spending cuts.The Dow Jones industrial...

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Microsoft renews plea for crackdown on Google

SAN FRANCISCO: Microsoft is making a last-ditch effort to convince government regulators that they need to crack down on Google to preserve competition on the Internet and in smartphone...

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JobsOhio works amid funding question

JobsOhio is bringing business to the state while its intended funding stream remains on hold.Taking the place of the state’s former, public Department of Development, the privatized JobsOhio worked...

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Business news briefs — Jan. 2

UTILITIESMonthly gas price downThere’s good news on two fronts for customers who have chosen Dominion’s Standard Choice Offer (SCO) or those who don’t choose their own supplier for their natural...

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Akron-area job growth to cool in winter months, state report suggests

The first part of the new year might bring few new jobs to the greater Akron area.The latest leading indicators report for the state suggests weak employment growth for the early part of 2013 in Summit...

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National dialysis operator to open Barberton location

A national operator of dialysis centers is starting its first Northeast Ohio location.U.S. Renal Care Inc. is opening a 13-station dialysis center this month on Third Street Southeast in...

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Stocks soar on budget deal, but problems lurk

NEW YORK: The “fiscal cliff” compromise, even with all its chaos, controversy and unresolved questions, was enough to ignite the stock market on Wednesday, the first trading day of the new year.The Dow...

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Weekly U.S. jobless aid applications rise to 372,000

WASHINGTON: More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week.The Labor Department said Thursday that weekly...

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Starbucks to roll out $1 reusable cups

NEW YORK: Starbucks Corp. is rolling out a $1 reusable plastic cup at its cafes starting Thursday.The Seattle-based coffee chain already gives customers a dime discount each time they bring in reusable...

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Report: Gas drilling safe under proposed rules in New York

Associated PressALBANY, N.Y.: An unreleased state report says potential health impacts from fracking are addressed in the Department of Environmental Conservation’s regulatory plan, making a separate...

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Ohio to see unemployment compensation change

COLUMBUS: The state’s declining unemployment rate will soon trigger a decrease in the amount of federal unemployment compensation available to Ohioans.The number of weeks of unemployment compensation...

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U.S. auto sales end 2012 on strong note

DETROIT: Strong U.S. sales in December capped a remarkable year for the auto industry — especially Japanese brands — and 2013 should be even better.Sales of new cars and trucks are expected to total...

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Business news briefs — Jan. 3

LOCAL BUSINESSSeminars for startup firmsTwo free seminars for new businesses, or those interested in starting their own businesses, will be offered this month by the Ohio Small Business Development...

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A. Schulman first-quarter revenue rises but earnings fall

Polymer company A. Schulman Inc. reported higher sales but lower net income for its fiscal 2013 first quarter ending Nov. 30.Schulman said Thursday that it earned $11.8 million, or 40 cents per share,...

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U.S. stocks drop after Fed signals end to bond buys

NEW YORK: U.S. stocks fell Thursday after the Federal Reserve signaled a likely end in 2013 to its bond purchases, offsetting upbeat jobs data from the private sector a day before the Labor...

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Retailers report higher December sales

A last-minute surge in spending saved the holiday shopping season.Major retailers including Costco, Gap and Nordstrom on Thursday reported better-than-expected revenue in December. That comes as a...

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Auto sales end 2012 on strong note

U.S. auto sales hit a five-year high in 2012, as low interest rates, improving consumer confidence and — most important — some great new cars drew buyers into dealerships.General Motors, Ford and...

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