Business

Business briefs

HOME SAVINGS CHARITABLE FOUNDATION DONATES TO MERIDIAN COMMUNITY CARE: The Home Savings Charitable Foundation recently gave $5,000 to Meridian Community Care, 527 N. Meridian Road, Youngstown, for the PANDA Leaders Club at Niles City Schools. The PANDA Leaders Club is a program designed to ...

Business forecasters boost 2-year outlook for economy

The Associated PressWASHINGTON, D.C. - A business economics group has boosted its outlook for U.S. economic improvement this year and next, particularly for job growth.The March report from the National Association for Business Economics forecasts more hiring, a lower unemployment rate, a lower ...

Good news for some: Other people are quitting jobs

The Associated PressWASHINGTON - Quitting your job - all but unheard of during and after the Great Recession - is becoming more common again. That could mean pay raises are coming for more Americans.The trend has already emerged in the restaurant and retail industries, where quits and pay are ...

Chamber showcases Lordstown, Falls

The 3-year-old, 155,000-square-foot Anderson-DuBose food distribution facility where Friday's "Good Morning, Lordstown and Newton Falls" Chamber of Commerce breakfast was held was just one example of local growth touted by mayors of the two villages.Also coming along is construction of the $100 ...

Area delinquency and foreclosure rates down

Foreclosures and mortgage delinquencies in the Warren-Youngstown-Boardman area decreased for the month of January over the same period last year, according to a California financial data firm.CoreLogic released data on Thursday that shows the rate of area foreclosures among outstanding ...

Bank stocks show no gains

First Niles Financial remained at $8.50 a share at closing on Thursday. Cortland Bancorp, which dropped 30 cents a share Wednesday, dropped another 4 cents in trading Thursday to close at $15.16 a share.

Lordstown continues retooling for Cruze

LORDSTOWN - General Motors' news that a Mexican plant will be among those manufacturing the next generation Chevrolet Cruze has not stalled work being done to retool the company's local plant for the same purpose.Don Crane, president of the Western Reserve Building and Construction Trades ...

Giant Eagle recalls paninis

Tribune ChronicleFor the second time within a week, Giant Eagle issued a food recall.The company on Tuesday voluntarily recalled all of its brand Little Italy Paninis because of an undeclared egg allergen. Last week, the company voluntarily recalled its brand of seasonal cutout cookies because ...

Unemployment rates drop in Valley

WARREN - Local unemployment rates dropped in February compared to where they were last year at the same time.In Warren, the jobless rate was 7.7 last month, compared to 10 percent in February 2014, according to information released by the Ohio Department of Job and Family Services on Tuesday. ...

Local financial stocks mixed

Area financial stocks showed mixed returns on Tuesday. First Niles Financial stayed at $8.52 a share at closing; however, Cortland Bancorp dropped 10 cents from $15.60 a share on Monday to $15.50 a share at close on Tuesday.

Business briefs

Former port authority director DeLeon diesFuneral services for the former executive director of the Western Reserve Port Authority, Rose Ann DeLeon, were held Thursday in Parma.DeLeon died March 14 in Cleveland after a long illness. She was 60.DeLeon, who was living in the Cleveland area, was ...

Fixing Financials

For more than a year, Carolyn Petaccio wrote letter after letter.She made countless phone calls and, at times, she said, it seemed like she was spending more time communicating with employees of the nation's three major credit firms than she was with many of her relatives or friends."It was one ...

Keep health insurance documents in reach

Gathering documents and maintaining well-organized records make it easier for taxpayers to prepare their tax returns.This paperwork can also provide answers if the IRS wants more information.Although taxpayers do not need to send the IRS proof of health coverage, they should keep any ...

Ohio reports 5.1 percent unemployment for February

COLUMBUS (AP) - The state says Ohio's unemployment rate was 5.1 percent in February, unchanged from the previous two months.Friday's report from the state's Department of Job and Family Services shows Ohio had 291,000 unemployed workers in February, down about 2,000 from January. Ohio's ...

Hospitals, tax-scofflaw docs targeted in Medicare deal

WASHINGTON - An emerging bipartisan House deal changing how Medicare pays physicians would raise money partly by targeting Medicare providers who are tax scofflaws and by curbing reimbursements for hospitals and nursing homes, according to an outline of the plan released Friday.The tentative ...

Charities create coalition as bingo faces competition

COLUMBUS (AP) - A new group is pushing for an update to Ohio's charitable bingo laws following the rise of casinos and other gaming options in the state.The United Charities of Ohio coalition held a Statehouse news conference Friday to announce its formation and discuss how competition has hurt ...

Gamblers beg judge to let them keep winnings

ATLANTIC CITY, N.J. (AP) - Gamblers who have been ordered to return $1.5 million they won at an Atlantic City casino that unknowingly used unshuffled cards are asking a judge to let them keep the money.The 14 gamblers say they won the money through no fault of their own playing mini-baccarat at ...

U.S. tightens rules for chemical disclosure

WASHINGTON - The Obama administration said Friday it is requiring companies that drill for oil and natural gas on federal lands to disclose chemicals used in hydraulic fracturing, the first major federal regulation of the controversial drilling technique that has sparked an ongoing boom in ...

Chamber honors 3

BOARDMAN - The Youngstown-Warren Regional Chamber on Thursday honored three individuals at the organizations's annual meeting.They 2015 award recipients are attorney Alan D. Wenger of Harrington, Hoppe & Mitchell Ltd., who received Spirit of the Chamber Award; Mark "Bo" Pelini, head ...