Business news briefs — Feb. 4
LOCAL BUSINESSDick’s to relocateDick’s Sporting Goods didn’t have to go on a long hunt to find a place to relocate in the Chapel Hill retail area.Developer Visconsi Cos. Ltd. in Pepper Pike said it...
View ArticleHigh food prices result of population growth, CEO says
Food prices that doubled in the past 10 years are more the result of population growth and increased demand for protein-based diets than any cyclical reasons, according to Sunny Verghese, chief...
View ArticleFed researcher says long-term unemployment in U.S. has declined
Long-term unemployment has begun to wane as the U.S. job market recovers and will probably continue to fall, the Federal Reserve Bank of San Francisco found.“While unemployment duration remains near...
View ArticleOhio EPA investigating dumping of drilling waste water in Youngstown area
The Ohio Environmental Protection Agency is conducting a criminal investigation into how drilling wastes got into a storm sewer in Youngstown and drained into the Mahoning River.The agency is “very...
View ArticleMicrosoft sees tablet shortfall reversing with new spring models
Microsoft will introduce computers from Hewlett-Packard, Acer and other manufacturers in the next two months, seeking to make up for the dearth of tablets and touch-screen devices that marred the debut...
View ArticleDell going private in $24.4 billion founder-led deal
ROUND ROCK, TEXAS: Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the...
View ArticleU.S. service firms grew more slowly in January
WASHINGTON: Growth at U.S. service companies slowed slightly in January behind a decline in new orders and business activity. But hiring improved, a bright sign for the economy.The Institute for Supply...
View ArticleEaton fourth-quarter net income drops by half on charges
CLEVELAND: Diversified manufacturer Eaton Corp. said Tuesday its fourth-quarter net income fell by half, pulled down by acquisition expenses and lower demand from customers.Eaton earned $179 million,...
View ArticleHome prices rise last year by most in 6.5 years
WASHINGTON: Home prices jumped by the most in 6½ years in December, spurred by a low supply of available homes and rising demand.Home prices rose 8.3 percent in December compared with a year earlier,...
View ArticleBusiness news briefs — Feb. 5
LOCAL BUSINESSSeminar scheduled in HudsonBob Cohen, chief executive officer of the Braintree Business Development Center in Mansfield, will discuss Financial Resources for Launching and Sustaining Your...
View ArticleSilicone Solutions unveils new headquarters
CUYAHOGA FALLS: Academy Award-winning actress Halle Berry can thank a niche manufacturer now in Cuyahoga Falls for making sure she didn’t have any accidental nude scenes in the 2004 movie...
View ArticleDell in $24.4 billion founder-led deal to go private
ROUND ROCK, TEXAS: Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the...
View ArticleAutomakers score in Super Bowl ads
The auto industry had a strong showing in Super Bowl XLVII on Sunday night as eight car brands blitzed the commercial breaks with 13 game-time ads.Five of those commercials were ranked by USA Today’s...
View ArticleTip leads inspectors to illegal dumping in Youngstown
A anonymous tip to the Ohio Department of Natural Resources led state inspectors to witness illegal dumping of drilling wastes last week into a storm sewer in Youngstown.That information was contained...
View ArticleSaturday walk-in events provide free tax help
Income-eligible residents can get free federal and state tax-preparation help the next four Saturdays.No appointments are needed for these Super Refund Saturday events at which volunteer tax preparers...
View ArticleMarshallville Packing recalls luncheon meats containing wheat
Marshallville Packing Co. in Marshallville is recalling several luncheon meat products because they contain wheat, but don’t have it listed on their labels. Wheat poses a health risk for people who...
View ArticleBusiness news briefs — Feb. 6
LOCAL BUSINESSExecutive named at AcmeKatie Swartz has been promoted to the new position of director of marketing at Acme Fresh Market. Swartz is the daughter of Acme President Steve Albrecht and one of...
View ArticleNate Trachsel, who kept General Tire Rubber Workers out of ’76 strike, dies
Nate Trachsel was the Akron labor leader who didn’t strike.In the nation’s bicentennial year of 1976, the soft-spoken Trachsel, then 38, was a rising star in the United Rubber Workers union. He was...
View ArticleAllstate beats analyst estimates after Sandy, shares gain
Allstate Corp., the largest publicly traded U.S. auto and home insurer, reported fourth-quarter profit Wednesday that beat analysts’ estimates after costs associated with superstorm Sandy.Net income...
View ArticlePollution is latest blow to Mahoning waters
YOUNGSTOWN: Lauren Schroeder looks into the waters he has studied his whole life and says he thought the days of illegal dumping into the Mahoning River were over.After news broke of the illegal...
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