Business

Business briefs

REAL LIVING VOLPINI RECOGNIZES TOP AGENTS: Real Living Volpini's Howland Real Estate office recognized the top producing agents for May. Top Listing agent was Patty Helmick. Tied for top sales agents were Jacquie Hays, Janine Furrie and Kim Griffin.AKRON CHILDREN'S MAHONING VALLEY EARNS GOLD ...

Plant gets export award

By VIRGINIA SHANKTribune Chronicle NEWTON TOWNSHIPRussell Sewell stood recently on the spot designated to be the home of a testing facility he describes as a goal transformed into reality.Sewell, CEO of Quality Switch Inc., explained the company that was spun from one his father started some ...

U.S. probes complaints that Jeep SUVs brake for no reason; increasing crashes

DETROIT - U.S. safety regulators are investigating complaints that the autonomous braking system on newer Jeep Grand Cherokees can come on for no reason, increasing the risk of rear-end crashes.The National Highway Traffic Safety Administration, which posted notice of the probe on Friday, said ...

Tim Hortons facing calls for a boycott

TORONTO (AP) - The leader of Alberta's Wildrose Party says he's boycotting Tim Hortons to object to the coffee chain pulling ads for pipeline giant Enbridge from its in-store TV channel.Brian Jean said Friday that he'll frequent the popular chain if the company decides to apologize for taking ...

Top California oilfield permitting regulator resigns amid water contamination

SAN FRANCISCO (AP) - A top California oil and gas regulator has resigned amid questions about oilfield contamination of the state's water supplies, officials confirmed Friday.Mark Nechedom had come under intensifying scrutiny by federal environmental officials and state lawmakers for the way ...

No change in local stocks

Cortland Bancorp remained at $15.35 a share at closing on Thursday, while First Niles Financial bank stayed at $8.50 a share.

Washington Post, newspaper guild agree to 2-year contract

WASHINGTON (AP) - The Washington Post and the union representing the newspaper's journalists have reached a tentative deal on a new two-year contract.The Washington-Baltimore News Guild announced Wednesday that the contract includes the largest pay raises at the newspaper in a decade: a 2.5 ...

Mazda adds 540,000 vehicles to Takata air bag recall

DETROIT - Mazda is recalling nearly 540,000 older cars and pickup trucks in the U.S. and Canada, adding to the growing list of models under recall for air bags that potentially can explode with too much force.The Japanese automaker said in documents posted Friday by U.S. and Canadian safety ...

Greece to bundle its June IMF payments

ATHENS, Greece (AP) - Desperate for time, Greece is taking an unusual step in talks over its bailout program: It will bundle four payments due this month to the International Monetary Fund into one payment on June 30.The delay is allowed under IMF rules. Yet it shows how Greece is struggling to ...

Delta has tentative labor contract with pilots’ union

ATLANTA (AP) - The union for pilots at Delta Air Lines Inc. says negotiators have reached a tentative contract agreement with the airline.The deal announced Thursday goes next to an executive committee of the union, which could set a ratification vote among Delta pilots.Terms were not ...

FirstEnergy completes transmission projects

FirstEnergy Corp, as part of its Energizing the Future initiative, completed multiple transmission projects the company says are designed to ensure system reliability following the retirement of coal-fired power plants in the region.To date, FirstEnergy has spent nearly $800 million on ...

Donatos Pizza eyes possible Youngstown areas for stores

YOUNGSTOWN - Donatos Pizza is looking to expand into Mahoning County.The Columbus-based restaurant chain has 154 locations in six states - more than 100 of which are scattered throughout Ohio - and is looking to open as many as five Youngstown area stores over the next few years, the company ...

Canada seeks $3B in tariffs on U.S. products

TORONTO (AP) - Canada has filed a request to impose more than $3 billion a year in tariffs on the United States in the latest move in an ongoing trade dispute.The Canadian government asked the World Trade Organization on Thursday to authorize the punitive measures on a range of American ...

No change in local stocks

For the second day in a row, Cortland Bancorp closed at $15.35 a share on Wednesday. First Niles Financial bank stayed at $8.50 a share, where it has remained steady.

Involta to acquire DRS

YOUNGSTOWN - Iowa-based Involta is set to acquire locally connected DRS.The two companies announced the move jointly on Thursday.The combined operation "positions Involta as a powerhouse in the Ohio market," and gives the company a huge presence in the Cleveland to Pittsburgh corridor with the ...

Bogus buyout offer for Avon

NEW YORK (AP) - Federal regulators say a Bulgarian man was part of a scheme to manipulate the stocks of Avon Products and two other companies by issuing fake takeover offers.Nedko Nedev, 37, of Sofia, Bulgaria, and four other defendants worked together to violate securities laws over the last ...

Commissioners approve tax abatement for plant

WARREN - Trumbull County Commissioner Mauro Cantalamessa said Wednesday's approval by commissioners of a 100 percent tax abatement for the builders of an $800 million power plant in Lordstown "really was a no-brainer.""It's hard to argue with an $800 million investment and 450 to 500 workers ...

Business & labor at a glance

Business hiring picks up in May to 201,000WASHINGTON - U.S. companies stepped up hiring in May, a private survey found, evidence that employers remain confident in the economy even after it contracted at the start of the year.Payroll processor ADP said Wednesday that businesses added 201,000 ...

Dominion’s Standard Choice Offer rates down

WARREN - June rates for Dominion East Ohio's Standard Choice Offer / Standard Service Offer are down 43.9 percent from a year ago.Effective June 12, the SCO/SSO rates will be $2.835 per thousand cubic feet (mcf). The revised rates are 29.8 cents, or 11.7 percent, higher than the May SCO/SSO ...

Local stocks close mixed

Cortland Bancorp rose 5 cents in trading to close at $15.40 a share on Tuesday. First Niles Financial bank stayed at $8.50 a share.