Breaking News

Business

Ohio reports increase in jobless claims

Ohioans filed 5,611 initial unemployment claims last week, the Ohio Department of Job and Family Services reported Thursday. That’s 713 more than the previous week. Ohioans filed 60,147 continued unemployment claims last week, which was 1,979 fewer than the previous week. The total number of claims filed from March 1 to March 7 was 65,758. Ohio’s unemployment rate in December was 4.5%. The national unemployment rate in December was 4.4%. Ohio’s labor force participation rate in December was 62.3%. The national labor force participation rate in December was 62.4%.

Vallourec enters year on solid footing

Vallourec, the multinational manufacturer of tubes used in global energy production, closed 2025 with solid financial results and a plan for one of its largest shareholder payouts to date, the company announced Feb. 27 in a news release. Vallourec operates its main U.S. production facility along the Trumbull and Mahoning County border in Youngstown and Girard. The company reported fourth‑quarter EBITDA — a measure of operating profit before interest, taxes, depreciation and amortization — of 214 million euros (1 euro equaled $1.18 U.S. dollars on Feb. 27, according to ...

Medical equipment company Stryker says cyberattack disrupted its global networks

PORTAGE, Mich. (AP) — Stryker, a major U.S. medical equipment company, said a cyberattack disrupted its global networks Wednesday. “We have no indication of ransomware or malware and believe the incident is contained. Our teams are working rapidly to understand the impact of the attack on our systems,” Stryker said in a statement on its website. The logo of Handala, a hacking group linked to Iran, has appeared on company login pages, The Wall Street Journal reported. Stryker’s statement said the cyberattack hit its Microsoft programs. Emails seeking additional information ...

US stocks hold steadier as Wall Street waits for next signal on how long war with Iran may last

NEW YORK (AP) — The U.S. stock market held steadier Tuesday as Wall Street waited for the next signal on when the war with Iran may end. The S&P 500 dipped 0.2%, a day after its latest wild swings caused by extreme moves in the oil market. The Dow Jones Industrial Average fell 34 points, or 0.1%, and the Nasdaq composite edged higher by less than 0.1%. Oil prices, meanwhile, remained sharply below their peaks hit on Monday. Such spikes have been rocking financial markets worldwide because of worries that the war could block the global flow of oil and natural gas for a long ...

Justice Department and Live Nation reach settlement over illegal monopoly case

WASHINGTON (AP) — The Justice Department touted a tentative settlement of its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Monday as a victory for consumers that would end an illegal monopoly over live events in America, but over two dozen states planned to keep fighting the companies in court. The negotiations leading up to the agreement drew criticism from the judge who would have to approve any deal as soon as a government lawyer revealed it in Manhattan federal court, where testimony began last week before a jury at an antitrust trial. ...

What to know about the Strait of Hormuz

DUBAI, United Arab Emirates (AP) — The widening war in Iran has ground tanker traffic through the Strait of Hormuz to a halt and oil prices have soared, highlighting the important role the narrow passageway plays in global energy supply. The Strait of Hormuz is the narrow mouth of the ...