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Penney’s shares up with positive outlook

February 27, 2016 NEW YORK — Beware the underdog. J.C. Penney Co. delivered strong fourth-quarter results, wrapping up a year when it stole market share from rivals. more »»

Scalia’s death means Dow will settle lawsuit

February 27, 2016 Dow Chemical said Friday it will pay $835 million to settle a long-standing class action lawsuit, after the death of Justice Antonin Scalia decreased its chances of prevailing at the Supreme Court. more »»

Firm fined for ‘cheesy’ practices

February 27, 2016 PITTSBURGH (AP) — An executive and two Pennsylvania cheese businesses her family controls pleaded guilty Friday to trying to pass off grated Swiss and mozzarella as parmesan and romano and adding... more »»

Think before you click on so-called tax links

February 26, 2016 NEW YORK — It's tax time, so you'd better think twice before clicking on that link in your email inbox. more »»

Economy ‘highly vulnerable’

February 25, 2016 WASHINGTON (AP) — The International Monetary Fund said Wednesday that the global economy is “highly vulnerable” to adverse shocks and urged the United States and other major governments to prepare... more »»

Business & labor at a glance

February 25, 2016 Kennamental waits on new HQ PITTSBURGH — Kennametal is putting off its search for a long-term world headquarters in Pittsburgh amid tough times for the company and the steel industry. more »»

Apple: FBI request ‘bad for America’

February 25, 2016 SAN FRANCISCO — Apple CEO Tim Cook said Wednesday that it would be “bad for America” if his company complied with the FBI’s demand for help unlocking an encrypted iPhone used by one of the San... more »»

Ex-Brown stole from charities

February 25, 2016 CLEVELAND (AP) — A former NFL wide receiver who’d become a respected and popular figure in the city where he played his best football pleaded guilty on Wednesday to stealing from two children’s... more »»

Menus must post sodium amounts in NYC

February 25, 2016 NEW YORK (AP) — Large chain restaurants and fast-food eateries in the nation’s most populous city can be fined up to $600 beginning next week for not posting salt warnings on menu items that contain... more »»

Housing sales rise, along with prices

February 24, 2016 WASHINGTON (AP) — U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right? Not entirel. more »»

Business & labor at a glance

February 24, 2016 Moisture factor in explosions DETROIT — Scientists hired by the auto industry have determined that multiple factors — including moisture and high humidity — can cause some Takata air bags to inflate... more »»

Consumer confidence falls to 92.2 in February

February 24, 2016 WASHINGTON — Consumer confidence fell in February to the lowest level in seven months as worries about a slowing economy and tumbling stock prices took a toll. more »»

Macy’s fourth-quarter profits down but still sees signs for encouragement

February 24, 2016 NEW YORK — Macy’s wrapped up a weak fiscal year on an encouraging note, but the nation’s largest department store retailer still sees challenges ahead. more »»

Apple: Congress should decide iPhone encryption, not courts

February 24, 2016 WASHINGTON — Apple Inc. more »»

Fed: Global economy may be slowing

February 24, 2016 HOUSTON (AP) — The vice chair of the Federal Reserve said Tuesday that the recent slump in financial markets could be a sign the global economy is slowing, which would affect U.S. growt. more »»

Local bank stocks hold steady

February 23, 2016 Cortland Bancorp and First Niles Financial both remained unchanged in trading on Monday. Cortland Bancorp closed at $16.45 a share and First Niles held at $9 per share. more »»

Business briefs

February 22, 2016 l NORTHSIDE MEDICAL CENTER RECERTIFIED: ValleyCare Health System of Ohio announced that Northside Medical Center has been recertified as an advanced primary stroke center, earning The Joint... more »»

Name changes affect taxes

February 21, 2016 A name change can have an impact on your taxes, according to Internal Revenue Service experts. more »»

Business & labor at a glance

February 20, 2016 Local bank stocks end mixed Friday Cortland Bancorp gained back most of the 50 cents that it lost in trading Thursday, to close at $16.45 per share Friday, which was a gain of 45 cents. more »»

Business & labor at a glance

February 19, 2016 Local bank stocks see mixed results After closing at $16.50 a share Tuesday and Wednesday, Cortland Bancorp lost 50 cents in trading Thursday to close at $16 a share. more »»

 
 
 

 

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