Coca-Cola puts fizz, flavor in new Glaceau water
NEW YORK: Coca-Cola is taking bottled water and doing what it does best — giving it some bubbles and flavor.The Atlanta-based company confirmed Monday that it would introduce a line of zero-calorie,...
View ArticleTenant, hotel on the way for Goodyear site
A nationally known chain will operate a new hotel as part of the Goodyear redevelopment project on Akron’s east side.And the East Akron site of the old Goodyear headquarters building has its first new...
View ArticleU.S. housing starts rise, permits at 4½-year high
Associated PressWASHINGTON: U.S. builders started more houses and apartments in February and received building permits for future construction at the fastest pace in 4½ years. The increases point to a...
View ArticleBusiness news briefs — March 19
LOCAL BUSINESSFirstEnergy sets dividendFirstEnergy Corp. (NYSE: FE) declared an unchanged quarterly dividend of 55 cents per share, payable June 1 to shareholders of record May 7.Gilbert in Michigan...
View ArticleBernanke tightens hold on Fed message
Ben Bernanke is tightening his control of Federal Reserve communications to ensure investors hear his pro-stimulus message over the cacophony of more hawkish views from regional bank presidents.The Fed...
View ArticleDirect Energy sends 628 letters in error
The number of billing errors for a natural gas marketer under investigation by state regulators has grown again.More than 600 customers in Summit and Medina counties have received letters in error from...
View ArticleHyundai capacity limits mean slowest U.S. growth in five years
Hyundai Motor Co., after boosting U.S. sales of its cars and trucks 75 percent since 2008, expects its slowest annual growth in the market in five years as the South Korean company bumps up against...
View ArticleJobsOhio meets auditors order, turns over private financial records
COLUMBUS: Gov. John Kasich’s nonprofit job-creation agency complied under protest Tuesday with a state auditor’s order to turn over its private financial records, then returned $1 million in taxpayer...
View ArticleAkron General earns Magnet recognition for nursing
Akron General has been recognized as among the top facilities nationwide for nursing.The hospital was notified on Tuesday that it has achieved “Magnet” nursing status from the American Nurses...
View ArticleGiant Eagle continues price war comparison with competitors
Giant Eagle on Wednesday announced what it calls its largest price reduction ever — on 3,000 items.The Pittsburgh-based grocer said on average, prices on national and Giant Eagle brand items will be 15...
View ArticleBusiness news briefs — March 20
Local businessFirstEnergy plan approvedThe Public Utilities Commission of Ohio on Wednesday approved a three-year energy efficiency plan submitted by FirstEnergy Corp., which outlines how the...
View ArticleFund for Our Economic Future elects Hoover as chair
The Fund for Our Economic Future, a Northeast Ohio regional philanthropic collaboration, has elected a new chair.It was announced Wednesday that Deborah Hoover, president and chief executive officer of...
View ArticleStocks rise as Federal Reserve stands by stimulus
NEW YORK: Fear of a revived debt crisis in Europe faded from the stock market Wednesday, freeing the Dow Jones industrial average to touch an all-time high.After dipping Monday on concerns that Cyprus...
View ArticleMyers Industries chief operation officer to resign
The chief operating officer of Myers Industries Inc. is leaving the company, according to the Akron-headquartered tool distributor and maker of plastic products.David Knowles is leaving his post of...
View ArticleFedEx profit falls on weak freight business
DALLAS: FedEx said Wednesday that third-quarter profit fell 31 percent as customers shifted to slower and less expensive international air-shipping options, and it cut its forecast of full-year...
View ArticleDrillers, environmentalists agree on standards for Ohio, Pa., W.Va.
In an unlikely partnership between longtime adversaries, some of the nation’s biggest energy companies and environmental groups have agreed on a voluntary set of standards for gas and oil drilling in...
View ArticleAverage for U.S. jobless claims at fresh 5-year low
WASHINGTON: The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low. The decline in layoffs is helping...
View ArticleNational home sales up in February; local sales down, prices higher
Sales of previously owned homes rose nationwide in February to the highest level in more than three years, sustaining a rebound that is bolstering growth.Purchases increased 0.8 percent to a 4.98...
View ArticleIBM gets $267 million contract from state of Ohio for tech upgrade
COLUMBUS: IBM Corp. is being awarded a $267 million state contract to upgrade Ohio’s data center and improve its operations as part of a 10-year project.IBM and state officials announced the plans on...
View ArticleHealth-care stocks lead S&P 500 for first time in 15 years
Health-care stocks are leading gains in U.S. equities this year for the first time since 1998 as companies cut costs and investors speculate an expansion of insurance programs will benefit hospitals...
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