New short-term rehab center opens in Akron
A new 20-bed skilled rehabilitation unit to help patients recover from strokes, hip and knee replacements, traumas and other medical problems recently opened in downtown Akron.University Park Nursing...
View ArticleArea scrap yards paying more for cans this week to celebrate Earth Day
Got some aluminum cans stashed away for recycling?Area scrap yards are celebrating Earth Day, which was Monday, by paying higher-than-usual amounts for aluminum cans.City Scrap & Salvage of Akron...
View ArticleFounding partners discuss BioInnovation Institute
Leaders from Akron’s three hospital systems, the University of Akron and Northeast Ohio Medical University issued the following statements when asked whether they intend to continue participation in...
View ArticleBioInnovation Institute seeks new partners outside Akron area
The Austen BioInnovation Institute in Akron is expanding its geographic reach throughout Northeast Ohio and beyond.The BioInnovation Institute recently began seeking industry, university and hospital...
View ArticleTrade group says Ohio home sales up nearly 12 percent
COLUMBUS: An Ohio trade group’s report shows statewide home sales rose nearly 12 percent in March compared to a year ago.Ohio Association of Realtors President Thomas Williams says in a statement that...
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TODAY: Earnings reports from Timken Co. in Canton and Myers Industries in Akron.
View ArticleBusiness news briefs — April 23
LOCAL BUSINESSSchulman deal debatedFairlawn polymer company A. Schulman Inc. may have to pay between $7.50 to $9 a share to buy struggling specialty chemicals company Ferro Corp. in Mayfield Heights,...
View ArticleJudge disappointed over skimpy Fair Finance funds
U.S. Bankruptcy Court Judge Marilyn Shea-Stonum didn’t like what she saw after reviewing the amount of money recently collected in the years-long $200 million Fair Finance Co. fraud scandal.Not quite...
View ArticleJobs numbers improve in Summit County
Summit County’s jobless rate fell to 7 percent in March.Unemployment rates dropped in 85 of Ohio’s 88 counties last month, according to state figures released Tuesday.Summit County’s jobless rate was...
View ArticleFirstMerit’s profit climbs 23 percent in the first quarter; loans and...
FirstMerit Corp.’s profit for the first quarter jumped 23 percent as loan production and deposits grew.It was the Akron bank’s 56th consecutive quarter of profitability.FirstMerit [Nasdaq: FMER] said...
View ArticleOhio cozying up to craft beer industry
Ohio is getting friendlier to the expanding craft beer industry.State lawmakers have approved creating a new liquor permit available exclusively to small brewers that will lower the annual licensing...
View ArticleACO conference draws health-care executives
More than 150 health-care leaders from throughout the country are in Northeast Ohio this week to learn about a trend that’s considered the future for the industry.University Hospitals and Summa Health...
View ArticleGeorgia lawyer accuses Browns owner Jimmy Haslam of witness tampering, to ask...
KNOXVILLE: The lawyer for a Georgia trucking company accused Pilot Flying J CEO Jimmy Haslam today of witness tampering and cheating customers once again as the fallout from a federal fuel rebate fraud...
View ArticleBrowns owner Jimmy Haslam, his family try to halt fallout from FBI raid on...
NASHVILLE, Tenn.: Tennessee’s Haslam family is furiously trying to control the damage following a federal investigation into the family business that could threaten to unravel decades of growing wealth...
View ArticleCustomers avoid Sprint in quarter as suitors circle
The flow of new customers to Sprint stopped in the latest financial quarter, the company reported Wednesday as it weighed two takeover offers.Sprint Nextel Corp., the country’s third-largest cellphone...
View ArticleFord profit tops estimates as cars fuel North America record
Ford Motor Co., the second-largest U.S. automaker, reported first-quarter profit Wednesday that exceeded estimates as the Fusion sedan bolstered record results for its North American operations.Ford...
View ArticleBusiness news briefs — April 24
LOCAL BUSINESSFerro Corp. names executiveMayfield Heights specialty chemical company Ferro Corp., fighting off a hostile takeover by Fairlawn-based A. Schulman Inc., on Wednesday named a chief...
View ArticleTimken shares rise as first-quarter sales, earnings fall
The Timken Co. reported significantly lower first-quarter earnings and revenue compared to record results in 2012 while continuing to say it expects a strong finish to 2013 as demand improves for its...
View ArticleMyers Industries reports decline in profits
Myers Industries Inc. on Wednesday reported a decline in profits for the first quarter, as anticipated.The Akron maker of rubber and plastics products said Wednesday that its net income in the first...
View ArticleDow closes at 43.16 points
NEW YORK: The stock market finished pretty much where it started Wednesday as a mixed bag of earnings from big-name American companies left investors uninspired.The Dow closed down 43.16 points, or 0.3...
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