Local News

Friday, January 23, 2015

PITTSBURGH -- F.N.B. Corp., holding company of First National Bank of Pennsylvania, reported fourth-quarter net income of $37.29 million, or 21 cents a common share, available to holders of its common share, and full-year net income of $135.70 million, or 80 cents per diluted share, a record. This compares to third-quarter net income $33.38 million, or 20 cents a common share, and fourth-quarter net income of $28.44 million, or 18 cents a share. Full-year net income in 2013 was $117.80 million, or 80 cents per share. 2014 net income exceeded 2013 results by 15.2%....

Friday, January 23, 2015

COLUMBUS, Ohio -- U.S. Sen. Rob Portman Thursday announced members of his senior campaign team as he prepares for reelection, the same day a Cincinnati city councilman announced he would seek the Democratic nomination to unseat the senator. P.G. Sittenfeld, also assistant director of the Community Learning Center Institute in Cincinnati, said he would seek the Democratic nomination to challenge Portman in 2016. Also mulling a challenge to Portman’s bid for a second term is U.S. Rep. Tim Ryan, D-13 Ohio. The Mahoning Valley congressman has said he will decide by...

Thursday, January 22, 2015

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- The president of the Western Reserve Building and Construction Trades Council, Don Crane, spent Wednesday speaking to elected officials here and in Lisbon about making sure the contractors pay their laborers prevailing wage, regardless of whether they belong to a union and that such payments are documented. Crane began his day in Lisbon addressing Columbiana County commissioners and ended it speaking to City Council. One of the 18 unions that belong to the Western Reserve Building Trades,...

Thursday, January 22, 2015

YOUNGSTOWN, Ohio -- The third annual Cookie Table & Cocktails fundraiser for the Mahoning Valley Historical Society will take place Feb. 7 from 7:30 to 9:30 p.m. at the Tyler Mahoning Valley History Center downtown. Proceeds from the event will benefit the Campaign for the Tyler Mahoning Valley History Center. Amateur and professional bakers will share their confections on the cookie table, which will feature mini cannolis, assorted pizzelles, buckeyes, clothespins, nut kipfels, chocolate marshmallow brownies, caramel tarts and lemon tassies. The cookies will be...

Thursday, January 22, 2015

BOARDMAN, Ohio -- Specialty Switch is relocating its Washingtonville operations in Columbiana County to 525 McClurg Road. Thirty jobs are affected. Another company, Zenith Transformer Components, is also relocating to the site on McClurg Road, formerly the American Church building, says Piotr Blaslzczyk, general manager of Specialty Switch. Zenith, based in Waukesha, Wis., is a provider of components and services for large to medium-sized power transformers. The companies will merge and operate under the name Specialty Switch, according to Blaszczyk. "So it is a...

Thursday, January 22, 2015

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- U.S. Rep. Tim Ryan, D-13 Ohio, says awarding trade promotion authority, commonly known as "fast track," to President Barack Obama increases the risk of this country negotiating international trade agreements that are bad for American workers and middle-class families. "I know that the president has good intentions," Ryan said Wednesday during a conference call with reporters. "But we believe that as some of these big corporations get into these countries, they’re going to take advantage of the...

Thursday, January 22, 2015

Author:  George Nelson YOUNGSTOWN, Ohio – An initiative being launched by the Youngstown Warren Regional Chamber aims to guard against the possibility of the Youngstown Air Reserve Station in Vienna Township being shut down or downsized. John Rossi, president of the Regional Chamber Foundation, appeared before the Western Reserve Port Authority’s board of directors at its monthly meeting Wednesday to request a $25,000 contribution for each of the next three years to help fund a local military affairs commission. The port authority’s...

Thursday, January 22, 2015

Author:  Josh Medore YOUNGSTOWN -- About 20 representatives from businesses on South Avenue, community groups and local agencies took the first steps Wednesday toward formally organizing a business association for the corridor. “We were hoping to get a core [membership]. We're not sure how many businesses are going to be involved, but we want about 40. Today, we got almost half,” said the Rev. Al Yanno Jr., pastor of Metro Assembly of God Church. Six Volunteers formed a steering committe for the association, B.J. Duckworth, an account...

Thursday, January 22, 2015

WASHINGTON -- Eighty-five percent of Americans are aware they can check their credit report once a year at no charge and 60% have done so in the last 12 months, the American Bankers Association reported Wednesday. The ABA hired Ipsos Public Affairs to conduct an online survey of 1,003 Americans ages 18 and older. Precision of the Ipsos survey, take between Dec. 11 and 14, is plus or minus 3.5%. The survey is one aspect of the trade association’s efforts to encourage financial literacy, said Molly Wilkinson, executive director of the ABA Card Policy Council. Fuller...

Wednesday, January 21, 2015

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Ice Zone co-owner Bruce Zoldan today filed a complaint in Mahoning County Common Pleas Court alleging Thomas Hutch Jr., his business partner in the Boardman skating rink, owes him more than $800,000 in damages. The lawsuit was filed Wednesday, one day after PNC Bank filed a foreclosure complaint in U.S. District Court for the Northern District of Ohio against the Ice Zone Ltd., Zoldan and Hutch, alleging that the business is in default of a $2.8 million promissory note (READ STORY). According...

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