Business

Lordstown Utica Shale wells remain tops in Trumbull

Tribune ChronicleLORDSTOWN - Halcon Resources' Kibler 2-3H well in Lordstown was the most productive natural gas and oil horizontal well in Trumbull County during the third quarter, according to information released by the Ohio Department of Natural Resources.ODNR's third-quarter production ...

Area gasoline prices drop again

Tribune ChronicleWARREN - Northeast Ohio gas prices continued to plunge, reporting another 1 cent drop this week.The average price for unleaded regular gasoline is $2.60 a gallon, according to AAA East Central's Fuel Gauge report.In the Warren area, the average price was $2.679, dropping from ...

Big Mac hurting as customers get pickier

NEW YORK (AP) - Hold the pickles, onions and special sauce. The Big Mac is becoming a victim of finicky tastes.As sales continue to slide in the U.S., McDonald's plans to expand a test that lets people build their own burgers by tapping on a touchscreen to pick the bread, cheese and toppings ...

Business briefs

FNFC drops a nickel; Cortland Bancorp steadyFirst Niles Financial stocks closed at $9.15 a share in trading Monday, dropping 5 cents from Friday. Cortland Bancorp remained at $15.75.High court rejects BP appeal of spill settlementWASHINGTON - The Supreme Court is leaving in place BP's ...

Warren Arby’s gets new look

WARREN - Arby's at 4477 Youngstown Road S.E. is introducing its new look today at its grand re-opening.The eatery is among five Arby's in the region that have undergone renovations recently or are in the process of being remodeled. Ron Gallo, area supervisor for Arby's, said the renovations are ...

Stocks rise after hiring surge; Dow misses 18,000

NEW YORK (AP) - A strong jobs report boosted U.S. and European stocks Friday, and left the Dow Jones industrial average just short of the 18,000 mark.The main focus in the markets was the monthly hiring numbers. The Labor Department said U.S. employers added 321,000 jobs last month, the biggest ...

Ohio chooses new registrar for BMV

A new registrar has been named at the Ohio Bureau of Motor Vehicles.Ohio Department of Public Safety Director John Born on Friday announced that Donald J. Petit has was named to the BMV post following the resignation of Michael Rankin, who had been registrar since 2011.Rankin resigned Friday to ...

Subaru seeks break for move

TRENTON, N.J. - Subaru announced plans Friday to move its U.S. headquarters to Camden, just four miles from its current home in Cherry Hill, and said it is seeking $118 million in tax breaks intended to lure jobs to the impoverished city.The move by the fast-growing division of the Japanese ...

Report: Threatening email sent to Sony employees

LOS ANGELES (AP) - The FBI said Friday it is investigating threatening emails sent to some employees of Sony Pictures Entertainment, which was hit by a cyberattack last week that disrupted its computer system and spewed confidential information onto the Internet.The FBI was trying to identify ...

Business & Labor at a glance

First Niles stocks slip; Cortland unchangedFirst Niles Financial stocks were at $9.20 a share in trading Friday, reflecting a decrease of 5 cents. Cortland Bancorp remained at $15.75.US on pace for strong growthWASHINGTON - The resurgence in U.S. hiring accelerated in November and put 2014 on ...

Business and labor at a glance

Home Savings names Heirro regional presidentYOUNGSTOWN - Home Savings and Loan Co. has named Frank Hierro as its Mahoning Valley Regional President.Hierro retired last month as president of the Mahoning Valley region of Huntington Bank. He has worked in banking more than three decades, the last ...

Business Briefs

INSURANCE AGENCY CELEBRATES ONE-YEAR ANNIVERSARY: Landers-Lewis Insurance Agency and Consulting is celebrating its one-year anniversary in the Mahoning Valley. The agency was recently named the top performing new agency through the third quarter of 2014 by the United Independent Agency ...

Shoppers asked to think local on ‘small business Saturday’

Shoppers visiting the store 2 Much Stuff in Hubbard today will receive some extra special treats, including hot apple cider and cookies.Owner Carolyn Petaccio said the goodies are her way of thanking area consumers for patronizing her shop at 6179 Youngstown Hubbard Road and doing their part to ...

Ex-GM property sale is final

LORDSTOWN - A Kansas-based developer looking to convert more than 170 acres of former General Motors Corp. land into an industrial park has closed on the property.RACER, or Revitalizing Auto Communities Environmental Response Trust, assigned the task of overseeing the sale and redevelopment of ...

Timken declares quarterly dividend

NORTH CANTON - The Timken Company board of directors on Monday declared a quarterly cash dividend of 25 cents per share.The dividend is payable on Dec. 5 to shareholders of record as of Nov. 24.This marks the 370th consecutive quarterly dividend paid on the common shares of the company since ...

Business Briefs

CHAMBER SEEKS LEADERSHIP ACADEMY APPLICANTS: Youngstown Warren Regional Chamber is accepting applications for the Mahoning Valley Local Government Leadership Academy, 6 to 8 p.m. Tuesdays, Jan. 27 to March 24. The cost is $265. A graduation dinner will take place April 7. Topics include how to ...

First Niles declares quarter cash dividend

NILES - First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association of Niles, will pay a cash dividend of 5 cents per share on common stock and 6 cents per share on preferred class A stock for the fourth quarter of 2014.The dividend will be payable Dec. 19 to ...

Warren factory sold

WARREN - A factory on the west side of Warren that was built by a former city resident, who sold it to a Dutch company, has been sold again, this time to a company in Upper Sandusky that intends to continue operations as planned and maybe even expand.''Everything is going to stay the same. They ...

Port seeks brownfield funds

YOUNGSTOWN - The Western Reserve Port Authority on Wednesday authorized its economic development staff to prepare and submit two applications for funding from the U.S. Environmental Protection Agency.If approved, the money would be used to access and remediate brownfield sites in Trumbull and ...

Business at a glance

Credit score firm settles with FTC for $22 millionNEW YORK - A company that promised customers free credit scores has agreed to pay $22 million to settle charges that it billed customers for monthly credit monitoring that they did not sign up for.Most of the money, about $21.9 million, will be ...