Business

Fiat Chrysler, UAW reach tentative deal

DETROIT (AP) - A tentative contract agreement reached Tuesday between the United Auto Workers and Fiat Chrysler addresses pay and health care issues, but neither side would give specifics about the pact.The Italian-American company and union announced the accord covering about 40,000 workers ...

ArcelorMittal plant talks ongoing

WARREN - The last time the United Steelworkers negotiated a contract for members who work for ArcelorMittal the talks extended a week past the expiration of the three-year-pact.This time around it's been two weeks and some workers at the Warren plant said they are getting nervous."It's a hard ...

Mixed results for local bank stocks

Cortland Bancorp dropped 30 cents in trading Monday to close at $14.40 a share. First Niles Financial stayed at $8.50 a share.

Trump unloads Miss Universe on heels of buying NBC’s share

NEW YORK (AP) - The talent management company WME/IMG says it has acquired The Miss Universe Organization from Donald Trump.Monday's announcement comes on the heels of Trump's announcement last week that he bought out NBCUniversal's interest in the property, which includes the Miss Universe, ...

Lordstown contracts extended

LORDSTOWN - Just shy of three hours before their contracts with General Motors were set to expire Monday night, local United Auto Workers union members were informed their labor agreements had been extended.Local UAW members - prepared to walk off the job if the national union opted to call a ...

Banks near $1.9B settlement in price-fixing case

NEW YORK (AP) - Twelve major banks have tentatively agreed to pay $1.87 billion to settle allegations that they colluded to fix prices and lock out competitors in the market for insurance-like products widely traded before the financial crisis, according to a lawyer for investors.The deal, if ...

Average U.S. gasoline price drops 27 cents

CAMARILLO, Calif. (AP) - The U.S. average price of gasoline dropped 27 cents over the past three weeks, to $2.44 a gallon.Industry analyst Trilby Lundberg said Sunday that the pump price fell even though crude oil prices gained strength, as gasoline supply outweighed demand.Further price drops ...

Schumer wants to keep drones away

NEW YORK (AP) - Drone manufacturers would be forced to implement technology to keep the unmanned crafts away from airports and possibly events like parades and major sporting contests under a proposal Sen. Charles Schumer plans to introduce this week.Schumer said he would introduce an amendment ...

Burning Man burning up over video ad

RENO, Nev. (AP) - Burning Man is considering legal action against sandwich chain Quiznos over a video ad that pokes fun at the festival, an event organizer said.Spokesman Jim Graham said Friday that festival officials see the video as theft of Burning Man's intellectual property."We'll be ...

Business briefs

BRAINARD RIVET CO. FEATURED ON FOX BUSINESS CHANNEL: Brainard Rivet Company, an employee-owned, cold-headed fastener manufacturer in Girard, recently was featured on an episode of the Manufacturing Marvels segment on the Fox Business Channel. The two-minute spot featured a virtual plant tour. ...

Trade Commission sides with U.S. steel producers

Tribune ChronicleThe U.S. International Trade Commission ruled Friday that cold-rolled flat steel products imported from seven countries are materially injuring the U.S. industry, including some steel mills Ohio and Pennsylvania.A complaint filed July 28 by AK Steel in West Chester, Pa., ...

Ryan urges General Electric to reconsider moving to Ohio

Tribune ChronicleWARREN - U.S. Rep. Timothy J. Ryan, D-Howland, is urging General Electric to reconsider Cincinnati for its corporate headquarters.Ryan sent a letter to Jeffrey Immelt, GE chairman / CEO, after reports surfaced the company decided against moving its headquarters to Cincinnati ...

Building trades chief moving on

BOARDMAN - Don Crane said some of the proudest moments he's had as Western Reserve Building and Construction Trades Council president have involved rallying area workers to donate their time and use their skills to help others."It's great when you can do that, have those opportunities to help ...

No change in local bank stocks

Cortland Bancorp saw no change in trading on Friday, closing at $14.70 a share. First Niles Financial stayed at $8.50 a share.

Port Authority names new director

VIENNA - A former finalist for the position of executive director at the Western Reserve Port Authority now is being named the agency's director of economic development.Anthony Trevena is expected to officially assume his responsibilities with the port authority early next week, according to ...

New and used vehicle sales up 3.7 percent

WARREN - New and used vehicle sales across the Mahoning Valley were up 3.7 percent in August compared to the same month last year.Total sales across the region made up of Trumbull, Mahoning and Columbiana counties increased from 6,251 to 6,482, according to numbers released by the Automobile ...

Mixed results for local bank stocks

Cortland Bancorp's stock rose 30 cents in trading on Thursday, after dropping 35 cents on Wednesday, to close at $14.70 a share. First Niles Financial saw no change, closing at $8.50 a share.

ADI pilots disagree with negative comments

VIENNA - Several pilots who work for the airliner looking to bring daily passenger flights to the Youngstown Warren Regional Airport said they disagree with negative comments about the company that have been posted anonymously on the U.S. Department of Transportation's website in recent weeks.A ...

Honoring family tradition

WARREN - Richard Mollard Sr. has built a lasting tribute to the 15 members of his family who have served in the military.Mollard, 82, built the wooden and glass memorial, called the Mollard Honor Roll, with his own hands in the backyard of his Vine Avenue NE home. He said he started the project ...

ClarkDietrich moving Warren West to Vienna

VIENNA - ClarkDietrich Building Systems, a manufacturer of cold-formed steel products, has announced plans to relocate its Warren West production facility from Howland to Vienna.As part of the transition, the company plans to increase its 100-plus employee base at the new Vienna plant and ...