Business

Allegiant reports cash dividend

VIENNA - Allegiant Travel Co.'s regular quarterly cash dividend of 25 cents per share will be paid June 4 to stockholders of record at the close of business May 20.The company is the only commercial airliner to offer passenger flights at the Youngstown-Warren Regional Airport.Allegiant placed ...

Dominion’s Standard Choice Offer rate at its lowest since launch

WARREN - May rates for Dominion East Ohio's Standard Choice Offer / Standard Service Offer are at the lowest they've been since the process was launched in April 2009, the company reported.Effective May 13, the new rates will be $2.537 per thousand cubic feet (mcf). The revised rates are 7.3 ...

Lottery bets drop slightly at local Hollywood Gaming machines

AUSTINTOWN - Hollywood Gaming at Mahoning Valley Race Course saw a slight drop in revenue last month compared to the facility's March earnings.The Ohio Lottery Commission this week reported that the racino's net winnings came in at $7.74 million in April compared to $7.96 in March - the ...

Business and labor at a glance

No change in area bank stocksFirst Niles Financial bank stocks on Friday remained at $8.50 a share at closing and Cortland Bancorp closed at $15.15 a share.Americans hit road for holidayWith more money in their pockets thanks to lower gas prices and an improved job market, AAA expects more than ...

Allegiant reports passenger increase

VIENNA - Allegiant Travel Co., the only commercial airline providing passenger service at the Youngstown-Warren Regional Airport, reported a more than 14 percent increase in passengers from April 2014 to April 2015.The Las Vegas-based company also reported increases of close to 12 percent in ...

Stoneridge reports first quarter sales increase

HOWLAND - Stoneridge Inc. on Thursday reported an increase in net sales of $1.5 million for its the first quarter of the year compared to the same period in 2014.The Howland-based company's net sales for the quarter ending March 31 were $162.8 million, which marked a 0.9 percent increase over ...

No change seen in area bank stocks

First Niles Financial bank stocks on Thursday remained at $8.50 a share at closing and Cortland Bancorp closed at $15.15 a share.

Mixed reaction for plan for western Pa. plant

MONACA, Pa. - A proposal by Shell Chemical to build a petrochemical plant in western Pennsylvania drew praise from those who say it will boost the region's economy, and criticism from those who fear it will harm the environment, despite assurances from the state Department of Environmental ...

State report details shale development investments

A report recently published by a Columbus-based law firm shows that despite fluctuations in gas and oil prices, more than $28 billion has been invested in projects directly related to shale development in the state.Bricker & Eckler on Monday released the fourth edition of the "Shale ...

Area bank stocks show mixed returns

First Niles Financial bank stocks on Wednesday remained at $8.50 a share. Meanwhile, Cortland Bancorp, after climbing three consecutive days, slipped 35 cents, closing at $15.15 a share. Cortland rose a nickel on Friday, 20 cents on Monday and 25 cents Tuesday.

Riot damage adds burden to small businesses

BALTIMORE - Richard Sung Kang's American dream came crashing down in a shower of broken glass.His West Baltimore liquor store and bar, the Oxford Tavern, was hit by looters during a riot over the police-involved death of neighborhood resident Freddie Gray.The business wasn't torched like the ...

Report: NE Ohio economy for 2025

Over the next 10 years, manufacturing is expected to make up 22 percent of northeast Ohio's economy, according to an economic report.The just-released quarterly Cleveland Plus Economic Review by Team NEO, a northeast Ohio economic development and marketing group, shows that from 1990 to 2015, ...

Filing an amended return to fix mistakes

If you've discovered you've made an error on your federal tax return, you might need to file an amended one.Here are 10 tips that can help you through that process:l Tax form to amend your return.Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct your tax return. You must ...

Questions hang over VW’s future

FRANKFURT, Germany - Volkswagen's patriarch has left the building. Does this mean change is coming to the world's No. 2 automaker - in particular, to its high-cost ways of doing business?Ferdinand Piech shaped the company's destiny for more than 25 years. He rescued Volkswagen's fortunes as CEO ...

Dr. Oz switches radio distributors

LOS ANGELES (AP) - Dr. Mehmet Oz's radio show, "The Daily Dose with Dr. Oz," is getting a new home.Oz struck a deal with iHeartMedia that will begin later this year, according to a release this week from Oz and the Texas-based company.It will involve more projects than "The Daily Dose," but ...

Shale leases

Mineral rights leases recorded in Trumbull County April 1 - 30: (Mineral rights leased inside a municipality are listed by the encompassing township.)April 16SNYDER, PETER J. / SNYDER, KIMBERLY A. to NEW PAR / VERIZON WIRELESS-DBA, acr: 0.2300, township: MECCA.April 13WARREN DOHP X LLC to ...

Cruze sales slip again

Staff, wireNorth American sales slipped again in April for the Lordstown-built Chevy Cruze, falling 3.7 percent to 20,947 from 21,752 a year ago.Year-to-date, the small sedan is down 6.2 percent to 81,539 from 86,937.Still, General Motors boasted a 5.3 percent increase in overall deliveries of ...

Glunt acquires Niles Timken plant

WARREN - Glunt Industries Inc. has acquired the Niles plant of Timken Industrial Services and its approximately 30 employees, the company announced Friday.The move will provide Warren-based Glunt a fourth manufacturing facility, this one at 1819 N. Main St., Niles.A statement released by Glunt ...

GM announces $5.4B in plant investments

General Motors on Thursday announced plans to invest $5.4 billion in U.S plant improvements over the next three years - including $783.5 million earmarked for three Michigan facilities."These investments are evidence of a company on the move, strategically investing in the people, tools and ...

Business & labor at a glance

Ferry returns to VEC as acting presidentGIRARD - Rex Ferry, owner and CEO of VEC Inc., will resume the role of president and run the company's day-to-day operations, effective July 1.The move will coincide with the departure of Chris Jaskiewicz, who has been with the company since 1995, serving ...