NanoLogix growing in Arabian Gulf region
HUBBARD - A Hubbard-based laboratory that focuses on microorganism detection is on its way to distributing its products in the Persian Gulf region.
NanoLogix learned Friday that its application for a Saudi Arabian Medical Device National Registration has been approved, and Saudi Arabia FDA approval is pending. In December, the company announced it had struck an exclusive deal with a Saudi Arabian company to distribute NanoLogix products in the Arabian Gulf region.
Talmer Bank names new local president
WARREN - Talmer Bank and Trust has hired Mark Wenick as region president Mahoning Valley and executive managing director / group manager private client services Ohio.
Wenick, who lives in Austintown with his wife Charlene and five children, formerly served as executive vice president of wealth management for First Place Bank and most recently as vice president for FNB Wealth Management division of First National Bank of Pennsylvania.
"Mark's extensive experience will be an asset to our organization, as well as our customers," said David T. Provost, chairman and CEO. "His knowledge and understanding of the Mahoning Valley will ensure that we continue to serve this market well."
Netflix's Comcast deal improves quality of video
SAN FRANCISCO - Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's network.
The data released Monday by Netflix Inc. may become another flash point in a debate about whether the Federal Communications Commission should draw up new rules to ensure that all online content providers are treated the same by Internet service providers. The equal-treatment doctrine, known as net neutrality, is drawing more attention as Comcast tries to gain approval of its proposed $45 billion purchase of Time Warner Cable Inc., another large Internet service provider.
Minnesota joins states raising minimum wage
ST. PAUL, Minn. - Tens of thousands of Minnesota workers have big raises coming their way, courtesy of a new minimum wage law that Gov. Mark Dayton signed Monday, which will take the state from one of the nation's lowest rates to among the highest.
Dayton hailed the hourly jump of more than $3 spread over the next few years as providing "what's fair" for hard work put in. He said he has been stunned by GOP resistance - it passed the Legislature with only Democratic votes - to increasing the guaranteed wage from $6.15 per hour now to $9.50 by 2016 and then tie it to inflation.
Cortland Bancorp up, First Niles drops nickel in stocks
First Niles Financial dropped a nickel Monday to close at $7.45 per share. Cortland Bancorp rose a quarter to close at $10.80 per share.
Staff, wire reports