Business

U.S. unemployment apps fall to 260K

WASHINGTON (AP) - The number of people seeking U.S. unemployment aid dropped sharply last week, the Labor Department said Wednesday, the latest sign that businesses are cutting few jobs.THE NUMBERS: Weekly applications for jobless benefits dropped 12,000 last week to a seasonally adjusted ...

Business briefs

4 days of deliberations, no verdict in Blankenship trialCHARLESTON, W.Va. - Jurors left court Monday after a fourth full day of deliberating without reaching a verdict in the federal trial of ex-Massey Energy CEO Don Blankenship.If jurors don't make a decision Tuesday, they will be off the rest ...

Business briefs

VISTA CENTER RECEIVES DISTINCTION AWARD: Vista Center at the Ridge in Mineral Ridge has received the Excellence in Care Dementia Program of Distinction Award from the Alzheimer's Foundation of America.Vista Center at the Ridge is one of only two facilities in the state to earn the distinction. ...

No change in local bank stocks

Local bank stocks stood pat in Friday's trading, with Cortland Bancorp closing at $15.65 a share and First Niles Financial closing $8.50 a share.

October home sales drop in Trumbull

WARREN - October home sales in Trumbull County dropped 4.4 percent compared to the same time last year.Last month, the county had 173 closed sales, down from 181 in October 2014, according to the Warren Area Board of Realtors. New listings were were also down, by 8 percent, from 250 to 230 in ...

Business & labor at a glance

Chevrolet Volt wins 'Green Car of the Year'LOS ANGELES - An auto industry magazine has named the 2016 Chevrolet Volt its "Green Car of the Year."The hybrid gas-electric Volt was honored Thursday at the Los Angeles Auto Show.Green Car Journal says the car won because of its extended range. ...

Intern is named to Port Authority post

WARREN - The Western Reserve Port Authority has named one of its interns to a full-time, permanent position.The board on Wednesday agreed to pay Nick Coggins an annual salary of $42,000. He had been making $14 an hour as a paid intern since September 2014.Coggins is taking over some of the ...

No change in local bank stocks

Local bank stocks remained flat in trading on Wednesday with Cortland Bancorp closing at $15.60 a share and First Niles Financial closing at $8.50 a share.

No change in local bank stocks

Local bank stocks stood pat in trading on Tuesday with Cortland Bancorp closing at $15.60 a share and First Niles Financial closing at $8.50 a share.

TravelCenters to acquire Quaker Steak & Lube

SHARON, Pa. - TravelCenters of America LLC has agreed to acquire Quaker Steak & Lube's restaurant and related assets for approximately $25 million.Founded in 1974, Sharon, Pa.-based Quaker Steak & Lube has more than 50 locations across 16 states, including Ohio.TA, a Fortune ...

Media General rejects Nexstar offer

Staff, wire reportsRICHMOND, Va. - The television company Media General, which owns local CBS and ABC affiliates WKBN and WYTV, rejected a $1.9 billion buyout offer from Nexstar Broadcasting on Monday, but said that it's still willing to talk.The Nexstar bid comes in the wake of a $2.4 billion ...

Local bank stocks post mixed results

Tribune ChronicleResults for local bank stocks were mixed following trading on Monday. Cortland Bancorp rose 5 cents to close at $15.60 a share, while First Niles Financial stood pat to close at $8.50 a share.

Business briefs

ICE ZONE TO ADD AIR TRAMPOLINE: The Ice Zone has signed a lease to add an Extreme Air Trampoline Park to the ice rink in Boardman. Extreme Air operates a facility by the Eastwood Mall in Niles. Work on the $1.3 million project has started and the park is expected to open in January. The Ice ...

Study: 86,000 work in Ohio’s auto industry

New-car dealerships in Ohio employed nearly 86,000 people last year, according to a recent study by the Ann Arbor, Mich.-based Center for Automotive Research.The study, "Contribution of New-Car Dealerships to the Economies of All 50 States and the United States," highlights the economic impact ...

Regional Chamber announces opportunities for funding

YOUNGSTOWN - The Regional Chamber, in cooperation with the Valley State Delegation Working Group and the Ohio Governor's Office, is accepting applications from local political subdivisions, economic development and other non-profit organizations and cultural facilities for the 2016 state ...

Business & Labor at a glance

Avalon Holdings posts third-quarter earningsHOWLAND - Avalon Holdings Corp. on Thursday reported financial results for the year's third quarter.Net operating revenues in the third quarter of 2015 were $14.6 million compared with $14.4 million in the third quarter of 2014. The Howland-based ...

640,000 job openings projected by 2025

Nearly 640,000 job openings are expected in the northeast Ohio region by 2025, according to Team NEO's quarterly report.The report, Cleveland Plus Economic Review, released Wednesday says employment is projected to be at 2.041 million workers within 10 years. Occupations with the most job ...

Mixed results for local bank stocks

Cortland Bancorp gained another 3 cents in trading on Wednesday, after climbing 46 cents Monday and another 24 cents Tuesday, to close at $15.48 a share. Meanwhile, First Niles Financial remained flat to close at $8.50 a share.

New vehicle sales up in Trumbull County

WARREN - Despite a drop in overall vehicle sales last month in Trumbull County, deliveries of new cars and trucks were up 2.7 percent.Countywide, there were 638 new vehicles sold in October compared to 621 the same month last year, according to numbers released this week by the Automobile ...

Mixed results for local bank stocks

Cortland Bancorp gained another 24 cents in trading on Tuesday, after climbing 46 cents the previous day, to close at $15.45 a share. Meanwhile, First Niles Financial saw no change, closing at $8.50 a share.