Business

Trumbull jobless rate falls

WARREN — Trumbull County’s unemployment rate fell 1.3 percent in April, yet the county continued to climb the list of highest jobless rates among counties in Ohio. Trumbull County, with its 5.3 percent unemployment rate, now ranks third among the 88 counties. In March, its 6.6 percent ...

Cortland Bancorp rings Nasdaq closing bell

CORTLAND — Officials from Cortland Bancorp, the holding company of Cortland Bank, Friday rang the Nasdaq closing bell to mark the company’s new exchange listing. About 20 bank directors and officers, led by President / CEO James Gasior, traveled to New York to help ring the closing bell. ...

Local bank stocks hold steady

Cortland Bancorp held steady in a new week of trading Monday, closing at $23.30 per share. First Niles Financial also remained at $7.75 per share at closing.

Business briefs

LOCAL DOCTOR PUBLISHED IN JOURNAL: Dr. James J. LaPolla of Northeast Ohio Foot, Ankle and Wound Center Inc. recently had an article featured in the American College of Foot and Ankle Pediatrics quarterly journal. In this case report, Dr. Mohammed K. Hassan of East Liverpool Hospital, assisted ...

Local bank stocks mixed

After holding steady for several days, Cortland Bancorp lost 20 cents in trading Friday, closing at $23.30 per share heading into the weekend. First Niles Financial held steady to close at $7.75 per share.

Area home sales slide in April

WARREN — Sales of single-family homes in Trumbull County in April slid 10.4 percent from April 2018, but so far in 2019, sales aren’t too far off last year’s pace. There were 163 closed sales countywide last month, down from 182 homes sold the prior April, according to Yes-MLS, a ...

Local bank stocks stand pat in Wednesday trading

After gaining 90 cents in trading Tuesday, Cortland Bancorp held steady in trading Wednesday to close at $23.50 per share. First Niles Financial, which gained 85 cents on Tuesday, also held steady Wednesday to close at $7.85 per share.

Local auto sales climbing

WARREN — Automobile dealers in the Mahoning Valley through April sold more vehicles than in the same four months of last year, continuing an upward trend since the start of 2019. There were 29,575 new and used vehicles sold through April at dealerships in Trumbull, Mahoning and Columbiana ...

Panelmatic Inc. expands into Brookfield

BROOKFIELD — A maker of custom-built electrical and process instrument control panels, Panelmatic Inc., has added a new division that will be headquartered in the township. Panelmatic Building Solutions will operate in a 73,000-square-foot plant on Parkway Drive that formerly housed ...

Wagering down at local racino

AUSTINTOWN — April wagering on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course fell from March, but was greater than last year. The state Route 46 facility saw $110.5 million in credits played, down from $118.9 million in March, according to the Ohio Lottery ...

NEO gas prices tumble

WARREN — The average price for gasoline across northeast Ohio is 12 cents cheaper this week at $2.60 per gallon, according to AAA East Central’s Gas Price Report. In the Warren-Youngstown area, the average price is $2.60 per gallon and in the Niles area, $2.53 per gallon. The price in ...

Business briefs

APOSTOLAKIS HONDA WINS AWARD: Apostolakis Honda in Bazetta has earned the prestigious 2018 Council of Excellence Award for distinguishing itself and its financing team as outstanding providers of financial services to its customers. Only 15 percent of Honda dealerships were recognized by ...

WGH program puts kids on path to job readiness

WARREN — The sound can be deafening inside Warren G. Harding High School’s career and technical classrooms. Students bang away with hammers on pieces of metal to test the strength of the welds they made. Each strike produces a loud clang, then another, then another until the weld ...

Dominion Energy program announces May rates

WARREN — Dominion Energy Ohio’s Standard Choice Offer and Standard Service Offer rates in May are $2.78 per thousand cubic feet (Mcf). The new rates, effective Wednesday, are 14 cents per Mcf, or 5 percent, less than in April, which was $2.93 per Mcf. The average residential customer’s ...

Area leadership class applications available

WARREN — Applications for the Leadership Mahoning Valley Class of 2019-2020 will be accepted through July 1. Applications may be requested by e-mail at karen@regionalchamber.com or by phone at 330-744-2131, Ext. 1241. A $2,000 fee covers all program costs. Up to 40 participants will be ...

Second suit filed against Falcon Transport Co.

WARREN — Defunct trucking company Falcon Transport Co. faces another class action lawsuit over a claim it violated a federal mass layoff notice requirement when it suddenly closed April 27. Ex-employees David Hlebovy of Youngstown and Tawni Grove-Caban of Canfield claim the Liberty-based ...