U.S. homebuilder confidence dips from a 6½ year high
LOS ANGELES: Confidence among U.S. homebuilders slipped this month from the 6½ year high it reached in January, with many builders reporting less traffic by prospective customers before the critical...
View ArticleCedar Fair’s theme park season passes set new mark
SANDUSKY: Amusement park operator Cedar Fair Entertainment Co. says its push to increase season pass sales paid off last year.The company whose parks include Cedar Point and Kings Island in Ohio said...
View ArticleFord to make small engine at Ohio plant
DETROIT: Ford is moving production of a popular small engine from Spain to Cleveland as sales of four-cylinder motors rise.Later this week, Ford will announce a $200 million investment at its factory...
View ArticleGoogle’s stock price breaks $800 for first time
Shares of Google Inc., operator of the world’s largest Web-search engine, surpassed $800 on Tuesday for the first time as mobile computing bolsters growth.The shares advanced 1.8 percent to $806.85 in...
View ArticleBusiness news briefs — Feb. 19
LOCAL BUSINESSCoffee prices loweredOrrville-based food company J.M. Smucker Co. said Tuesday it cut retail prices on its flagship brand, Folgers, and most of its packaged coffee, including Dunkin’...
View ArticleNiSource Inc. plans $1.8 billion upgrade to Columbia Gas Transmission...
NiSource Inc., the parent company of Columbia Gas, announced on Tuesday that it intends to upgrade its Columbia Gas Transmission pipeline network in Ohio and other states.It also announced preliminary...
View ArticleOhio gas prices continue to jump
COLUMBUS: Gas prices in Ohio are still on the rise.The average price for a gallon of regular gas in Ohio was about $3.80 in Tuesday’s survey from auto club AAA, the Oil Price Information Service and...
View ArticleMicrosoft’s Outlook takes aim at Google’s Gmail
Microsoft is so confident it has the Internet’s best email service that it is about to spend at least $30 million to send its message across the U.S.The barrage began Tuesday when Microsoft’s twist on...
View ArticleNew arm of Akron’s Signet Enterprises scouting for investors
An Akron high profile developer has hired someone to look for new investors.“I’ll be casting a wider net for investors not only in Northern Ohio, but in other geographies such as central and southern...
View ArticleBusiness news briefs — Feb. 21
LOCAL BUSINESSDiebold chair’s pay setDiebold Inc.’s new executive chairman is being paid $70,000 a month, a regulatory filing shows.Diebold on Wednesday said it will pay Henry D.G. Wallace $70,000 a...
View ArticleUpdated PlayStation introduced by Sony
Sony Corp. unveiled the PlayStation 4 on Wednesday, its first video-game console in seven years, and said it will include free and episodic titles as Chief Executive Officer Kazuo Hirai seeks to...
View ArticleGood news for natural gas pricing
There’s good news for customers who purchase their natural gas at a utility’s standard offer.The latest auction to determine the price for the monthly rate netted the same price as the current year —...
View ArticleChesapeake CEO cleared of intentional wrongdoing
An investigation by Chesapeake Energy Corp.’s board of directors into outgoing CEO Aubrey McClendon’s personal financing deals with company partners has found the deals did not benefit McClendon...
View ArticleMerger set for OfficeMax, Office Depot
Office Depot and OfficeMax are being collated.The retailers said Wednesday they have agreed to combine in an all-stock deal worth about $1.2 billion that would transform the office-supply retail sector...
View ArticleLithuanian officials strike partnership with city of Akron
Lithuania, a tiny country with a population of roughly 3 million, has something the city of Akron wants: Innovators hungry to turn their ideas into commercial products.The city this week is hosting...
View ArticleBurton D. Morgan Foundation gives $1 million to JumpStart
The Burton D. Morgan Foundation of Hudson said Wednesday it has awarded $1 million for a new program that will allow nonprofit JumpStart Inc. to help thousands of entrepreneurs in the region.JumpStart...
View ArticleLOCAL ARTIFICIAL EAR STORY
Boy gets new earThe development of an artificial ear for Kyle Figuray of Wadsworth was reported in the Akron Beacon Journal in 2011 and 2012. The first-grader underwent several surgeries at Akron...
View ArticleSumma Health System to announce partnership
Summa Health System is expected to announce this morning that it has selected a larger hospital system to become a minority owner and partner.The deal comes seven months after Summa, Summit County’s...
View ArticleHigher minimum wage of $9/hour has pluses and minuses
Teens Breauna Wilson and Casey McGregor sometimes show up at East high school bright and early — 5:45 a.m. — to shovel snow from the entranceways to the building before their fellow students arrive for...
View ArticleClaims for U.S. jobless aid suggest modest hiring
WASHINGTON: The number of Americans seeking unemployment benefits jumped 20,000 last week to a seasonally adjusted 362,000, though it remained at a level consistent with modest hiring.The Labor...
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