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Business

Business & labor at a glance

Reverse job fair on FridayThe Mahoning County Board of DD and other groups will hold a reverse job fair Friday at ITT Technical Institute, 1030 Meridian Road, Youngstown.The event to help people with disabilities find work will be split into two sessions, 9:30 to 11:30 a.m. and 1 to 3 p.m. It ...

Alphabet over Apple as most valuable firm

SAN FRANCISCO - Alphabet now comes before Apple atop the list of the world's most valuable companies.The shift occurred in Monday's extended trading after Alphabet, Google's new parent company, released a fourth-quarter earnings report that highlighted the robust growth of the digital ad ...

Europe’s economy faces ‘downside risks’0

FRANKFURT, Germany- European Central Bank head Mario Draghi has warned that the "downside risks" facing Europe's economy have increased due to the recent turmoil in emerging markets.Draghi's remark Monday to the European Parliament in Strasbourg, France, comes as the bank is preparing to ...

Uber drivers unhappy as fares cut by 15 percent

NEW YORK (AP) - Uber drivers in New York City called Monday for a strike to protest the company's decision to cut fares by 15 percent, as drivers rallied at the ride-sharing app's New York headquarters.Several hundred attended the protest, but it's not clear how many would heed the call for a ...

Business & labor at a glance

Business briefsBANKER NAMED MVEDC 'LENDER OF THE YEAR': Dan Schiavone, small-business lender in the Commercial Lending Department of Farmers National Bank, was honored by the Mahoning Valley Economic Development Corporation (MVEDC) as "Lender of the Year." The honor was announced recently at ...

Income credit often missed

The Earned Income Tax Credit has helped workers with low and moderate incomes get a tax break for 40 years. Yet, one out of every five eligible workers fails to claim it. Here are some things you should know about this valuable credit:l Review Your Eligibility. If you worked and earned under ...

Why stay in a bad job?

NEW YORK When workers say they hate their jobs or their bosses are abusive, people wonder: Why don't you quit?It can happen at any company. Staffers may feel that their atmosphere is unpleasant or contentious. But they may not leave, and instead spend years being unhappy.The reasons for ...

Investors: It’s not time for panic

Panic is so passe.Investors are keeping their cool - and keeping their hands off of their retirement accounts - despite huge swings in the stock market that sent it careening to its worst start to a year ever."They are just plugging away through the ups and downs of the stock market," said ...

Fire Wal-Mart worker awarded $31 million

CONCORD, N.H. (AP) - A jury has awarded more than $31 million in damages to a former Wal-Mart pharmacist in New Hampshire who claimed she was wrongly fired after reporting safety concerns about co-workers dispensing prescriptions.Maureen McPadden was a 13-year employee who reported her concerns ...

Tech stocks do well as market makes gains

NEW YORK - Stocks soared on the last trading day of January, with Microsoft, Visa and other tech stocks making the biggest gains in a broad market rally Friday.Indexes rose throughout the day and finished with their biggest gains in about five months. Asian stocks jumped after the Bank of Japan ...

U.S. ecomony slows during last quarter

WASHINGTON- The U.S. economy's growth slowed sharply in the final three months of 2015 to a 0.7 percent annual rate. Consumers slowed spending, businesses cut back on investment and global problems trimmed exports.The slowdown could renew doubts about the durability of the 6-year-old economic ...

Mixed results for local bank stocks

Local bank stocks had mixed results at the close of trading Friday. Cortland Bancorp continued its decline, losing 71 cents a share to close at $15.84 per share. First Niles Financial stood pat at $9.15 per share.

Facebook cracks down on online sales of guns

SAN FRANCISCO - Facebook says it's cracking down on online gun sales, announcing Friday a new policy barring private individuals from advertising or selling firearms on the world's largest social network.The new policy applies also to Facebook's photo-sharing service Instagram. It comes after ...

Longshoreman expected back at work

NEWARK, N.J. (AP) - Longshoremen are expected to return to the job at ports in New York and New Jersey after a surprise walkout on Friday put a halt to the unloading of ships at the nation's third-busiest port.The Port Authority of New York and New Jersey said Friday night that operations would ...

Mixed results for local bank stocks

Local bank stocks had mixed results at the close of trading Thursday. Cortland Bancorp lost 30 cents a share, closing at $16.55 per share. First Niles Financial stood pat at $9.15 per share.

Farmers reports its 2015 financial results 2015

CANFIELD - Farmers National Banc Corp. on Wednesday reported financial results for the three and 12 months that ended Dec. 31.Net income for the fourth quarter of 2015 was $3.2 million, or 12 cents per diluted share, compared to $2.1 million, or 12 cents per diluted share, for the three months ...

Local bank stocks stand pat

There was no change in local bank stocks at the close of trading Wednesday. Cortland Bancorp stood pat at $16.85 per share after rising 85 cents on Tuesday, while First Niles Financial stood pat at $9.15 per share.

Avon Lake Ford plant adds new truck to assembly line

AVON LAKE (AP) - Ford is increasing truck production at its assembly plant near Cleveland.The automaker says its truck plant in Avon Lake will be making the 2017 Ford F-Series Super Duty chassis cab.Ford says the move is needed to help its Louisville, Kentucky, truck plant keep up with demand ...

Prosecutor: Ohioan pleads guilty in $1M scheme

COLUMBUS (AP) - Federal authorities say an Ohio man charged in an investment fraud scheme involving more than $1 million has pleaded guilty to one count of wire fraud.The U.S. Attorney's Office said Monday that 42-year-old Mark Preston French entered the plea last week in U.S. District Court in ...

U.S. stocks jump with price of oil

NEW YORK (AP) - U.S. stocks jumped Tuesday as the price of oil made another abrupt reversal, this time rising almost 4 percent after falling sharply the day before.Energy stocks climbed along with the price of oil, and Chevron and Exxon Mobil made major gains. Strong fourth-quarter results from ...