Dr. Frank Douglas remains leader of BioInnovation Institute
The Austen BioInnovation Institute in Akron has extended its chief executive’s contract and recruited another experienced entrepreneur to help lead the regional partnership.The institute recently...
View ArticlePostal Service to cut Saturday mail to trim costs; reaction in Akron mixed
Customers at the main post office on Wolf Ledges Parkway in Akron were, for the most part, not surprised or concerned about an announcement that first-class mail delivery on Saturdays could be...
View ArticleU.S. unemployment aid applications decline to 366,000
WASHINGTON: Fewer Americans sought unemployment benefits last week, indicating companies continue to hire at a modest but steady pace.The Labor Department said Thursday that weekly applications for...
View ArticleAcme says Falls’ support for Portage Crossing project unfair
Acme Fresh Market and Albrecht Inc. officials have asked Cuyahoga Falls for equal economic development treatment for Acme’s store being rebuilt on State Road and the proposed Portage Crossing...
View ArticleBusiness news briefs — Feb. 7
LOCAL BUSINESSTurbine project names leaderDave Karpinski has been named to a key management position as efforts continue to build wind turbines off Cleveland in Lake Erie.Karpinski was named vice...
View ArticleBusiness retention program sets record with 500 visits in region
An economic development and retention program set a record in 2012 for the number of visits it made to businesses in Summit, Portage and Medina counties.The Greater Akron Partnership, a program within...
View ArticleDavey Tree branches out again
Davey Tree Expert Co. of Kent is continuing its shopping spree, acquiring the largest family-owned tree company in Minnesota.Davey Tree, the longtime residential/commercial tree care service company,...
View ArticleShoppers snap up post-holiday deals
Macy’s, Gap and Target led retailers in January to the biggest monthly same-store sales gain in more than a year as shoppers snapped up discounted merchandise that chains were clearing out after the...
View ArticleState revokes operating permits for two companies tied to Youngstown brine...
The state of Ohio is permanently revoking the operating permits of two Youngstown companies in connection with the illegal dumping of drilling wastes into a storm sewer that drains into the Mahoning...
View ArticleCruze decides to add diesel model to lineup
General Motors is following the Volkswagen playbook by bringing a diesel-powered small car from Europe to the United States.The automaker introduced the diesel version of the Chevrolet Cruze compact,...
View ArticleBusiness news briefs — Feb. 8
LOCAL BUSINESSMedina board leader to retireLeadership Medina County’s Executive Director Lucy Sondles has announced that she will retire effective July 1. Sondles’ decision will bring to a close a...
View ArticleJanuary gambling revenue on a roll in Columbus
Despite the cold and snow, the action heated up at the area’s two casinos in January, as each posted revenue increases compared with the month before.Revenue rose 2.9 percent to $10.2 million last...
View ArticleAcme offers buyouts to some employees
Acme Fresh Market is offering a buyout to two categories of its workers.President Steve Albrecht confirmed Friday that the Akron-based grocer is offering buyouts to “checker clerk cashiers” and “deli...
View ArticleDow Jones posts weekly loss
Stocks ended higher on Friday following strong trade data, though the Dow Jones industrial average posted a weekly decline and snapped a five-week winning streak.The Dow industrials climbed 48.92...
View ArticleMovie theater to be razed for new Dick’s Sporting Goods store in Chapel Hill...
The now-shuttered Plaza Cinema at Chapel Hill will be demolished next week to make way for a relocated Dick’s Sporting Goods store on Howe Avenue.The eight-screen complex, part of the Plaza at Chapel...
View ArticleYRC Worldwide finances pick up
Trucking company YRC Worldwide lightened its financial load in 2012.The Overland Park, Kan.-based less-than-truckload company reported an operating profit for the full year — the first time it has done...
View ArticleAOL shares climb after first sales growth in eight years
Shares of AOL Inc., the Web publisher that owns the Huffington Post and TechCrunch, climbed the most Friday in three months in New York trading after the company posted its first sales gain in eight...
View ArticleRadioShack’s new CEO faces turnaround challenge as profit slides
RadioShack Corp. hired Joseph C. Magnacca as its fourth chief executive officer in three years, tapping a drugstore marketing expert to help revive the unprofitable electronics chain.Magnacca, 50,...
View ArticleSony’s Hirai sells property instead of TVs as revival stalls
Sony Corp. President Kazuo Hirai is relying on selling real estate to make the company’s first profit in five years as he struggles to find products able to compete with Apple and Samsung...
View ArticleAuto review: Honda Accord gets size, fuel economy right for 2013
It’s not exactly back to the future, but at a minimum, the 2013 Accord midsize sedan takes Honda back to before 2008. That was when Honda introduced the last version of the Accord, and that was when...
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