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Ohio moves closer to natural gas deregulation

COLUMBUS: Two utility companies will be allowed to eliminate regulated natural gas pricing for businesses in another step toward the deregulation of natural gas in Ohio.The change only affects...

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Gasoline prices predicted to fall in 2013

NEW YORK: At least gasoline should cost you less in 2013.Hamburger, health care and taxes are all set to take a bigger bite out of the family budget this year. But drivers’ annual gas bills are...

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Honda will build hybrid Accord in Ohio

COLUMBUS: Honda will add about 50 new jobs at its central Ohio assembly plant as it starts building a new hybrid Accord sedan there this year, the company announced Thursday.The Japanese automaker said...

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Local postal workers accepting buyout

More than one-third of local U.S. Postal Service workers eligible for a retirement incentive have said they might take the offer.A total of 58 members of the local branch of the American Postal Workers...

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Amazon offers digital music with CD bought in web store

Amazon.com Inc. said Thursday it will offer users free digital copies of CDs bought on its site, as it competes with Apple and Google to attract music lovers choosing to store their songs on the...

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Business news briefs — Jan. 10

LOCAL BUSINESSSave-A-Lot isn’t part of saleGrocer company Supervalu Inc. has agreed to sell its four largest conventional supermarket chains to an investor group led by Cerberus Capital Management — a...

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Ford family hauling in $28 million a year with doubled dividend

Ford on Thursday doubled its quarterly dividend to 10 cents a share, a move that will boost the annual payout to the Ford family to more than $28 million.The first-quarter dividend, which will cost the...

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Owner of Macedonia’s Patio Enclosures expanding

The owner of Patio Enclosures — the Macedonia-headquartered manufacturer and installer of sunrooms — continues to add to its home improvement portfolio.Great Day Improvements LLC said Thursday it had...

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Cheap chic, luxury didn’t blend well for Target, Neiman Marcus

Just as Homer Simpson once yelled “be funnier!” at his TV set, shoppers looked at the holiday season’s Target + Neiman Marcus collection and wished it were cooler — and cheaper.Target Corp., which has...

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Cabela’s to open first Ohio store March 7

Outdoors retailer Cabela’s has announced that March 7 will be opening day for its first Ohio location — at 1650 Gemini Place in the Polaris area of Columbus.Like the company’s other stores, the Polaris...

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Business news briefs — Jan. 11

LOCAL BUSINESSCandy recalled over labelingA Medina County candy company has recalled nearly 500 bags of its coconut haystack candy because their labels don’t list milk as an ingredient.Island Delights...

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Ford plans 2,200 salaried hires in biggest boost since 2001

Ford plans to hire 2,200 salaried employees in the U.S. this year, the most in more than a decade, in an expansion that shows the strength of the recovery in the second-largest U.S. automaker’s home...

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Huge stock fund flows have Wall Street abuzz

NEW YORK: With the S&P 500 near a five-year high and data showing whopping inflows into stock funds at the beginning of the year, the cult of equity might not be quite dead yet, after all.In a...

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Akron shop hopes to sweep up success in new spot

After nearly 58 years in one spot, after tens of thousands of shiny new vacuum cleaners sold and thousands of models repaired, United Vacuum Cleaner got swept away.Its big neighbor, Akron Children’s...

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Target ad campaign puts food in the spotlight

Is Target’s grocery aisle ready for its close up?Target is pushing its food, laundry detergent and other groceries in a national ad campaign that pokes fun at high-fashion advertising by featuring...

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University Park Alliance announces 2013 ‘Urban Innovators’ speakers

Three “urban innovators” will highlight this year’s University Park Alliance Speaker Series.UPA, a nonprofit group working on the redevelopment of 50 city blocks around the University of Akron,...

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Samsung unveils bendable phone screen

LAS VEGAS: By showing off a phone with a flexible screen, Samsung is hinting at a day when people might fold up large phone or tablet screens as if they were maps.The Korean electronics company...

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New option for repaying student loans: Pay As You Earn

In the last week of December, the federal government offered recent borrowers struggling with their federal student loans a new, improved and simplified option to manage repayment. It’s called Pay As...

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Redbox Instant CEO sees potential for 35 million users

Redbox Instant, the online-video service owned by Verizon Communications Inc. and Coinstar Inc., has signed 10,000 users to what it is calling a public test and says it sees the potential for 35...

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USDA final report details crop losses to drought

DES MOINES, IOWA: The U.S. Department of Agriculture has released its final crop report for 2012, showing heavy losses due to the drought still gripping much of the nation.The year-end report shows...

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