Businesses nervously await furloughs at Ohio Air Force base
DAYTON, OHIO: Business owners and officials of cities surrounding Ohio’s largest military installation say they are increasingly uneasy about possible furloughs brought on by...
View ArticleMeasure of future U.S. growth up 0.2 percent in January
WASHINGTON: A measure of the U.S. economy’s future direction increased in January from December, suggesting slow growth will continue in the coming months.The Conference Board says its index of leading...
View ArticleBusiness news briefs — Feb. 21
LOCAL BUSINESSCanton chamber elects leaderKaren Brenneman, managing partner at Hall, Kistler & Co., is the newly elected chair of the Canton Regional Chamber of Commerce.Philip Fracassa, senior...
View ArticleHome sales in Summit down 12 percent from year ago
The Summit County housing market suffered a setback at the start of 2013, with sales declining 12.3 percent from January a year ago. The median sales price, however, jumped 36.9 percent.Summit County...
View ArticleNew vehicle sales way up compared to a year ago
The new year has started off on a high note for Northeast Ohio car dealers — sales for January were way up compared to a year ago.And the Cleveland Auto Show, considered the kickoff for the spring car...
View ArticleWalmart outlook wary even as profit rises
As the fortunes of many Americans go, so goes Walmart.The world’s largest retailer on Thursday reported an 8.6 percent rise in fourth-quarter profit due to a smaller tax rate, but the company offered a...
View ArticleAkron Aeros job fair draws big crowd
Allan Dawkins is of an age and demeanor that a job interview — any job interview — warrants a coat and tie.So there he was, standing in line in a snow squall behind more than 100 people Wednesday,...
View ArticleFord boosts small-engine production in Brook Park
BROOK PARK: Ford is preparing for a day in the near future when a small four-cylinder engine will be the motor of choice in most of its vehicles, perhaps even in pickup trucks.Demand for the company’s...
View ArticleChesapeake Energy offers first estimate of production estimates for Ohio wells
Chesapeake Energy Co. remains very satisfied with the results it is seeing from its liquids-rich Utica shale wells in eastern Ohio.The Utica shale “will be solid for a lot of years to come,” company...
View ArticleOhio homeowners receive $280 million in help
Ohio homeowners have received $280 million worth of help with their mortgages through a national settlement struck last year with five banks.The Office of Mortgage Settlement Oversight released a...
View ArticleDetails on Catholic Health Partners
Catholic Health PartnersPresident and CEO: Michael D. ConnellyHeadquarters: CincinnatiFounded: 1986 by the Sisters of Mercy, Regional Community of Cincinnati (now Sisters of Mercy, South Central...
View ArticleUPDATE: Summa to join with Catholic Health Partners
Summa Health System announced a tentative deal Thursday to join with Catholic Health Partners, the largest hospital system in Ohio.Under the plan, the nonprofit Catholic health system will get an...
View ArticleDanica Patrick racing helps GM spur urgency in engineering
Bloomberg NewsWhen the Daytona 500 starts this weekend with Danica Patrick in the pole position driving her Chevrolet SS, General Motors will be seeking something more than a winner’s trophy: adding a...
View ArticleFund investors hurt themselves through poor timing
The recipe for successful investing sounds pretty simple: have reasonably good timing over the long haul and avoid big mistakes. That’s what helps professionals build a worthy track record. For average...
View ArticleEPA to review fracking air emissions after watchdog finds flaws
The U.S. Environmental Protection Agency agreed to more closely study air emissions from hydraulic fracturing after the agency’s auditor concluded its current data is insufficient to make policy...
View ArticleNevada governor signs online gambling bill
CARSON CITY, NEV.: Gov. Brian Sandoval signed legislation Thursday legalizing online gambling in Nevada, capping a dizzying day at the Legislature as lawmakers passed the bill through the Assembly and...
View ArticleSony shows PlayStation 4 capabilities, but no box
NEW YORK: Sony showed off what the PlayStation 4 can do, but not what it will look like.The Japanese electronics giant talked about its upcoming game console for the first time and said it will go on...
View ArticleBusiness news briefs — Feb. 22
LOCAL BUSINESSNew ads for GoodyearGoodyear is debuting a new North American advertising campaign with the televising on Sunday of the Daytona 500 auto race, NASCAR’s biggest event watched by about 20...
View ArticleDow bounces from 2-day slide to a 3-digit gain
NEW YORK: Strong earnings from big U.S. companies pushed the Dow Jones industrial average to a rare triple-digit gain Friday, but the S&P 500 index still posted its first weekly loss of the...
View ArticleHonda Motor’s North American corporate unit shifting to Ohio
Honda Motor Co., Japan’s first automaker to build cars in the U.S., is consolidating corporate operations for North America in Ohio and also setting up a new unit there to provide regional support...
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