Gates, Buffett again top Forbes’ billionaires list
NEW YORK: Microsoft Corp. co-founder Bill Gates remains the nation’s richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a...
View ArticleGoodyear’s high tech, self-inflating truck tire debuts in Germany
Goodyear is understandably pumped up over its latest tire technology. The Akron tire maker on Wednesday said it is getting closer to commercializing its still-under-development Air Maintenance...
View ArticleMORE ON MEDICARE
Coming Oct. 14: The Beacon Journal will provide tips for evaluating optional Medicare prescription drug plans and managed-care plans available in the region for 2014. Open enrollment begins Oct. 15 and...
View ArticleU.S. unemployment claims fell last week to 382,000
WASHINGTON: The number of Americans seeking unemployment benefits fell only slightly last week to a seasonally adjusted 382,000. The level suggests hiring remains weak.The Labor Department says...
View ArticleBusiness news briefs — Sept. 20
REGIONAL BUSINESSUnited Airlines adds flightsUnited Airlines on Thursday said it would launch daily nonstop service from its Cleveland hub at Hopkins International Airport to Nashville and Oklahoma...
View ArticleEco-group worries about added costs of fracking
Hydraulic fracturing or fracking threatens public health and damages the environment, according to a new report released Thursday by Environment Ohio.Fracking can create air and water pollution...
View ArticleFormer GM CEO Whitacre says U.S. should sell automaker stake
The U.S. government should “sell every last share it owns” of General Motors Co. or else the company will be seen as a failure, former Chief Executive Officer Ed Whitacre said in a Wall Street Journal...
View ArticleRate on 30-year mortgage falls to record 3.49 percent
WASHINGTON: The average interest rate on the 30-year fixed mortgage touched its record low this week and the rate on the 15-year mortgage hit a new record.The declines followed the Federal Reserve...
View ArticleRoundtable speaker: Palliative care ‘about life and living’
When Dr. Sarah Friebert began offering palliative care to her young patients, families were sometimes skeptical about her intentions.“When I started in this work, people treated me as if I had a...
View ArticleDow rises; Nasdaq and S&P 500 dip
NEW YORK: Blue-chip stocks posted a slight gain Thursday as most stocks finished lower after economic reports from the United States, China and the eurozone did little to curb concerns about the world...
View ArticleExxon spends $1.6 billion on oil field
Exxon Mobil Corp. will spend $1.6 billion to boost its holdings by 50 percent in the massive Bakken oil field in North Dakota and Montana.Exxon said Thursday it will buy all of the Bakken shale assets...
View ArticleUnemployment rate in Ohio steady for third month in row
COLUMBUS: Ohio’s unemployment rate has held steady for the third month in a row after nearly a year of slight month-to-month decreases in the jobless rate.The state Department of Job and Family...
View ArticleSumma Health System buys former Roadway headquarters in Akron
Summa Health System is bringing new life to the former Roadway Express Inc. corporate headquarters as a new administrative center for as many as 800 workers.Summit County’s largest employer purchased...
View ArticleBusiness news briefs — Sept. 21
RETAILWal-Mart dumps KindleWal-Mart announced it will stop selling Kindles and other Amazon.com-branded products after it sells out of its existing stock.The Wal-Mart decision follows a similar move in...
View ArticleOhio’s jobless rate stays at 7.2 percent
As jobless rates go, Ohio is in a rut.The August state unemployment rate, released Friday, came in at 7.2 percent. That’s the same rate for July and for June. However, the rate is down from 8.8 percent...
View ArticleToyo Tire company reviews China plans as anti-Japan protests mount
Toyo Tire & Rubber Co. says it might scale back expansion plans in China in the face of escalating anti-Japan sentiment as the fallout from the political dispute over an island group spreads to...
View ArticleStock indexes finish week lower
NEW YORK: Stocks on Friday finished nearly unchanged, giving major indexes their first weekly drop for September.“After having two explosive weeks to the upside, where the S&P 500 was up 3.5...
View ArticleHonda aims to double global auto sales in 5 years
TOKYO: Honda is aiming to double its global auto sales to more than 6 million vehicles over the next five years as the Japanese automaker gears up for ambitious growth after bouncing back from last...
View ArticleJ.C. Penney says financial difficulties will continue
J.C. Penney executives told analysts that it expects financial struggles to continue during the second half of the year.The retailer has tried to adjust pricing, merchandise and store design, but sales...
View ArticleNew York delays fracking decision to review affect on health
New York Gov. Andrew Cuomo’s administration is delaying a decision on fracking to study its effects on health.The state in 2010 stopped gas drilling by the method called hydraulic fracturing so...
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