Local News

Saturday, August 30, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Hilcorp Energy Co. received 11 new permits to drill horizontal wells in Lawrence and Mercer counties in Pennsylvania over the last 12 days, as the company shores up its position in the northern tier of the Utica shale. Meantime, Hilcorp says it will no longer seek a ruling from the Pa. Department of Environmental Protection that would force the pooling of land in Lawrence and Mercer counties, where three property owners have refused to lease their mineral rights. Administrative hearings were to...

Friday, August 29, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- Proponents of revitalizing the South Avenue corridor hope an upcoming cleanup effort will be a stepping stone to reforming the South Avenue Merchants Association and cause more change along the artery. Representatives of South Avenue businesses along with residents of adjacent neighborhoods and guests gathered Friday afternoon for a business summit. The summit, hosted by the South Avenue Area Neighborhood Development Initiative, or Saandi, was held at Metro Assembly Church. “We know the power...

Friday, August 29, 2014

YOUNGSTOWN, Ohio -- The buildings along Glenwood Avenue on the South Side used to be almost monotone, mostly beige with an occasional blue or gray structure interrupting here and there. Empty lots and vacant buildings were commonplace. The corridor is one of the main roads in and out of Youngstown. Upward of 11,000 cars travel Glenwood daily. For those who travel through the Idora Park neighborhood, the road used to be a tour through just how far the city had fallen. Slowly, though, things began to improve. Residents stepped up to clean up their neighborhoods. In...

Friday, August 29, 2014

NEW YORK -- Continued increases in the volume of oil and gas transactions and drilling activity have strained oil and gas land organizations, PriceWaterhouse Coopers reports. This has led to missed opportunities in building efficiencies and capturing value, according to the firm's “2014 Land Management Benchmarking” study. The study, which concludes that rapid shifts from land acquisition to development have intensified the resource and organizational gaps in land administration and operations, is based on responses from oil and gas professionals who have varied...

Friday, August 29, 2014

Author:  Dennis LaRue BOARDMAN, Ohio -- By applying business principles to Northeast Ohio Medical University, Jay Gershen has seen it double in size since he became its sixth president in January 2010. “We’re bringing business to campus to commercialize our intellectual property [to fund further research],” the keynote speaker said Thursday at the Youngstown/Warren Regional Chamber’s annual Salute to Business breakfast. Gershen is president of the medical university. Honored at the breakfast were Thomas E. Mosure, president and CEO of...

Friday, August 29, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- Work should get underway in the next week or two on converting the former Masters Tuxedo building on Market Street into a training center for nurses’ aides, says the operator of the startup school. Corey Kemp, a registered nurse and Youngstown resident, expects Allied Health Training LLC to be operating in early 2015, he said. Assuming no delays in obtaining necessary permits, work on the building should take six to eight months, he predicted. At its meeting Thursday morning, the Youngstown...

Friday, August 29, 2014

YOUNGSTOWN, Ohio -- An army of volunteers from Mahoning Valley businesses and organizations will focus on cleaning up a neighborhood on the North Side as part of the United Way of Youngstown and the Mahoning Valley’s annual Day of Caring, which will take place Sept. 5. About 275 of the more than 550 registered volunteers for the event, which is being sponsored by NYO Property Group and Lowe’s, will spend the day in a three-block area between Fifth and Ohio avenues, focusing on 21 blighted homes on Fairgreen, Lora and Norwood avenues. Volunteers will clean up debris...

Friday, August 29, 2014

YOUNGSTOWN, Ohio -- Youngstown State University President Jim Tressel is joining the Youngstown/Warren Regional Chamber’s board of directors effective Oct. 1, Peter J. Asimakopoulos, chairman, announced Thursday. Earlier this summer, the Regional Chamber board voted to approve Tressel as a new member. Tressel officially became YSU president July 1 and was installed Aug. 18 during a ceremony at YSU. “We are extremely happy to have Jim on the chamber’s board of directors. He will be a vital cog in the chamber’s work of developing a better educated and trained workforce...

Friday, August 29, 2014

STEUBENVILLE, Ohio – The Higher Learning Commission has given the green light to Eastern Gateway Community College to offer online degree programs. The first to be developed are the associate of arts, associate of science and associate of applied science degrees. The Higher Learning Commission is under the aegis of the North Central Association. “We are planning to have the associate of arts online degree ready by the spring semester," said James Baber, executive vice president of academic and student affairs, in a prepared statement. More than a third of the...

Friday, August 29, 2014

SEATTLE -- One in six U.S. homeowners with a mortgage -- or 8.7 million Americans -- was underwater in the second quarter despite rising residential values, Zillow reported Wednesday. This is down from 18.8% in the first quarter and from 23.8% in the second quarter of last year. Underwater refers to a mortgage holder owing more on his loan than he could sell for. The effective negative equity rate, or the percentage of homeowners who have less than 20% equity in their houses, fell to 34.8% in the second quarter, says the latest Zillow Negative Equity Forecast. That's...

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