Local News

Friday, October 24, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- George Guarnieri is tackling head on the notion he says he heard from people who said restaurant patrons won’t go to the top floor of downtown’s Commerce Building to dine out. “We’re not afraid of the fifth floor. We want to let the customer know that’s where we are,” Guarnieri said. In fact, “The Fifth Floor” is what the veteran restaurateur is calling his new restaurant, which will be open on the upper level of the two floors formerly occupied by the Youngstown Club. The format of the new...

Friday, October 24, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- The device is remarkably simple: a steel bracket and anchor pin that affixes to the base of a door, preventing an intruder from opening or forcing that door open. What's even more remarkable is that no one else has thought of it until now. "I've been a police officer for 28 years, I'm an instructor at the police academy," says William Barna, inventor and owner of the Bolo Stick, a security tool that he is marketing to local schools and hopes to sell across the country. The name of the product...

Friday, October 24, 2014

COLUMBUS, Ohio -- The Ohio State Racing Commission has approved 100 dates for live thoroughbred racing next year at the newly opened Hollywood Gaming at Mahoning Valley Race Course. The commission approved the 2015 racing permits and dates for the Austintown track and Hollywood Gaming at Dayton Raceway, Penn National Gaming Inc., which operates both sites, announced Thursday. “We’re delighted to offer 75 days of live harness racing at our 5/8th-mile Dayton racetrack and 100 days of live thoroughbred racing at our 1-mile Mahoning Valley track in Austintown,” said Mark...

Friday, October 24, 2014

WASHINGTON -- The United Steelworkers union has joined a petition calling on the U.S. Department Commerce and International Trade Commission to impose anti-dumping and countervailing duties on imports of welded API line pipe from South Korea and Turkey. The product is used often in oil and natural gas pipelines. Imports of such products from the two countries were valued at $708 million in 2012 and $601 million in 2013. The union, along with steelmakers TMK IPSCO (which operates a plant in Brookfield, Ohio),American Cast Iron Pipe Co., Energex, Maverick Tube Corp.,...

Thursday, October 23, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Following 200 hours of discussion spanning 11 months, Youngstown CityScape and Wick Neighbors, Inc. are merging, expanding the area and type of projects that will be undertaken in the downtown and Wick Park neighborhoods. While CityScape has typically focused on beautification projects downtown, most notably the annual StreetScape event, Wick Neighbors has worked on infrastructure and revitalization efforts in Wick Park and Smoky Hollow. Now, under the CityScape name, the unified organization...

Thursday, October 23, 2014

DETROIT -- General Motors Co. today it posted a third-quarter profit of $1.4 billion, or 81 cents per share, up from $700 million, or 45 cents a share, during the same period last year. The gains were largely because of improved auto markets in North America and China, said GM CEO Mary Barra. "Strong global sales and growing margins in North America and China helped GM deliver very solid third quarter results," she said. "Despite industry challenges in Russia and South America, our earnings were on plan as we continue to execute our customer-focused strategy."...

Thursday, October 23, 2014

Author:  Josh Medore YOUNGSTOWN, OHIO -- For the first time since it affiliated with United Van Lines, Carney-McNicholas Inc., which has sites in Austintown and Lorain, has won the moving line’s highest honor -- the President's Quality Award. Based on 10 metrics taken from customer response surveys, the award – and a cash prize -- is given to the highest-rated company. Often, mere fractions of a point separate the winners of first and second places. “In this case, we had an extremely strong year with our quality numbers. While I haven...

Thursday, October 23, 2014

YOUNGSTOWN, Ohio -- United Community Financial Corp., holding company of Home Savings and Loans Co., Wednesday reported net income for the quarter ended Sept. 30 of $2.9 million, or six cents a share. This compares to $42.4 million, or 84 cents per share, for the second quarter and $1.72 million, or three cents a share, for the third quarter of 2013. UCFC also reported its board of directors declared a cash dividend of a penny per share payable Nov. 14 to shareholders of record at the close of business Nov. 3. The income reported for the second quarter included Home...

Thursday, October 23, 2014

CANFIELD, Ohio -- Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., Wednesday reported third-quarter net income of $2.28 million, or 12 cents a share. This compares to second-quarter net income of $2.35 million, or 13 cents a share, and third-quarter 2013 net income of $1.61 million, or nine cents a share. The third-quarter 2013 results “included $1.3 million in severance expenses related to terminated employees,” Farmers said. In its earnings release, the provider of financial services listed six highlights including loan...

Thursday, October 23, 2014

PITTSBURGH -- F.N.B. Corp., holding company of First National Bank of Pennsylvania, Wednesday reported $35.39 million in net income for the third quarter, $33.38 million of which is available to common shareholders, or 20 cents per common share. This compares to $34.83 million net income the second quarter, $32.82 million available to common shareholders, or 20 cents per common share, and $31.63 million net income a year ago, before it issued preferred stock, or 22 cents per share. Preferred stock expense was $2.01 million in both the second and third quarters. In...

Pages