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Business

Gasoline prices on way up but consumers will still save

DALLAS - Gasolineprices have started theirannual springtime migrationhigher, but motoristsshould still save money atthe pump in 2016.The national averageprice for a gallon of regularhas risen for eight straightdays - the first time thathas happened since lastMay, according to the autoclub AAA - ...

Sports Authority stumbles as shoppers moved online

Fans coveting theirfavorite team's jersey withthe personal touch of theirname on the back are flockingonline, likely not to thesports store at their localmall. Consumer habits areevolving.That looks to be one ofthe developments behindthe financial travails ofretail chains like TheSports ...

Business briefs

l LOCAL UPS DRIVER HONORED FOR SAFETY: Terry Seginak of Hubbard is among 63 elite Ohio drivers and 1,613 nationwide inducted into the UPS Circle of Honor for 25 years or more of accident-free driving, the company announced last week. Globally, 8,703 active UPS drivers are members of the Circle ...

States look to reduce jobless checks

JEFFERSON CITY, Mo. (AP) - When Demetrius White recently lost his job as a $10-an-hour forklift driver loading pallets of shampoo, he applied for unemployment benefits to help support his family.That aid will not last as long as it once did, because White is among the first group of people ...

Starbucks to open first shop in Italy

NEW YORK (AP) - Starbucks says it plans to enter probably its most intimidating market yet: Italy.The coffee chain said Sunday that the first Starbucks will open in Milan in early 2017, in partnership with Italian developer Percassi.It's a symbolic move for the 45-year-old company and its CEO, ...

Good stock week goes flat

NEW YORK (AP) - Stocks ended a strong week on a flat note as lower oil prices and utility stocks offset encouraging economic news.Still, the market ended Friday with a second straight weekly gain.The Dow Jones industrial average closed down 57.32 points, or 0.3 percent, to 16,639.97. The ...

Business & labor at a glance

Packaged salads sicken peopleSPRINGFIELD- Health officials say more than a dozen people have become sickened by a listeriosis outbreak connected to a Dole processing plant in southwest Ohio.The Centers for Disease Control and Prevention reported Thursday that three more people have fallen ill, ...

Penney’s shares up with positive outlook

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.The company, based in Plano, Texas, offered an upbeat sales outlook, as efforts to spruce up its merchandise are winning over shoppers. It also ...

Scalia’s death means Dow will settle lawsuit

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.The announcement is an early indication of how corporations are shifting their legal strategy ...

Firm fined for ‘cheesy’ practices

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 wood pulp to the products than the law allows.Michelle Myrter, 44, will receive probation ...

Think before you click on so-called tax links

NEW YORK - It's tax time, so you'd better think twice before clicking on that link in your email inbox.What may look like a legitimate communication from your bank, human resources department or email provider may actually be part of a scheme designed to steal the confidential information ...

Economy ‘highly vulnerable’

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 contingency plans that could be rolled out quickly to boost growth.The IMF report said a fragile ...

Business & labor at a glance

Kennamental waits on new HQPITTSBURGH - Kennametal is putting off its search for a long-term world headquarters in Pittsburgh amid tough times for the company and the steel industry.The firm said Wednesday that it was postponing the move due to the challenging industrial market.Kennametal has ...

Apple: FBI request ‘bad for America’

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 Bernardino shooters.Cook said he's prepared to take the dispute to the U.S. Supreme Court. He also ...

Ex-Brown stole from charities

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 charities to pay his gambling debts and personal expenses and is expected to serve prison time.Reggie ...

Menus must post sodium amounts in NYC

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 than the recommended daily dose of sodium, a judge ruled Wednesday."Some people love salty ...

Housing sales rise, along with prices

WASHINGTON (AP) - U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right?Not entirely.A series of reports released Tuesday pointed to potential cracks in the foundations of America's residential real estate market.On the one hand, job growth ...

Business & labor at a glance

Moisture factor in explosionsDETROIT - Scientists hired by the auto industry have determined that multiple factors - including moisture and high humidity - can cause some Takata air bags to inflate with too much force and hurl shrapnel at drivers and passengers.The Independent Testing ...

Consumer confidence falls to 92.2 in February

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.The Conference Board said Tuesday that its consumer confidence index dipped to 92.2 this month, down from a reading of 97.8 in January, ...

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

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.Macy's, which also operates Bloomingdale's stores, reported a 31 percent decline in fourth-quarter profits, dragged down by store closings and ...