Local News

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...

Thursday, October 23, 2014

WASHINGTON -- Restaurant industry job growth remains broad-based on the state level, with employment gains outpacing the overall economy in the vast majority of states. Colorado leads the way with a 6.3% increase in jobs through September, while Ohio and Pennsylvania are closer to the bottom of the list with increases of 1.9% and 2.3%, respectively. Colorado, which is on pace to register its strongest annual increase in restaurant employment since 1995, is followed by solid gains in Oklahoma (5.6%) and Georgia (5%), according to the Bruce Grindy, economist at the...

Thursday, October 23, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Meeting 45 minutes behind closed doors, more than 160 members of the Youngstown State University chapter of the Ohio Education Association unanimously voted to authorize a strike if an agreement on a new contract cannot be reached with the university. “We are not confident at all. That's why both parties scheduled fact finding, because we are not confident that we will reach a common position on Oct. 28 [the next scheduled negotiating session],” said Gabriel Palmer-Fernandez, chief negotiator...

Wednesday, October 22, 2014

AUSTINTOWN, Ohio -- Hollywood Gaming at Mahoning Valley Race Course is still hiring for racetrack positions as it prepares to begin thoroughbred racing Nov. 24.  The racino, which opened its video lottery terminal operation Sept. 17, is looking to fill 20 to 24 open positions on the starting gate crew, track maintenance (including tractor and vehicle drivers), skilled trade positions (mechanics, plumbers and carpenters) jockey valets and general laborers. “We are quickly gearing up for our first thoroughbred race meet, and there are still plenty of opportunities for...

Wednesday, October 22, 2014

KENT, Ohio -- Kent State University has signed an agreement establishing a joint project with the U.S. Commercial Service to promote U.S. exports by locating a U.S. Export Assistance Center at the university. The U.S. Commercial Service is part of the U.S. Department of Commerce’s International Trade Administration.  KSU’s College of Business Administration will work with Todd Hiser, international trade specialist with the U.S. Commercial Service, to identify export-ready companies in Northeast Ohio, providing businesses with enhanced benefits such as client...

Wednesday, October 22, 2014

Author:  George Nelson NILES, Ohio – Anthony Cafaro Sr. made clear Tuesday he is ready to leave Mahoning County. “We have belonged here [Niles] for a long time. We should have been here years ago,” he said at a press event announcing the relocation of the Cafaro Co.’s headquarters to the Eastwood Mall Complex and construction of a new hotel on the mall property (READ COMPANY ANNOUNCEMENT). Cafaro’s comments appeared aimed at Mahoning County officials, with whom he clashed over plans to relocate the county Department of Job and Family...

Wednesday, October 22, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Leaders involved in the redevelopment and future of downtown agree that the best years are still ahead for the city's central business district. "For as far as we’ve come in such a short amount of time, I don't think we're even close to what our potential or peak upside will be," said Dominic Gatta, whose company, the Gatta Company, owns the Federal and Gallagher buildings downtown. Gatta joined other developers and stakeholders Tuesday at the Youngstown Business Incubator in delivering a...

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