Local News

Friday, July 22, 2016

COLUMBUS, Ohio – Ohio’s unemployment rate in June dropped to 5.0%, down from 5.1% in May, the Ohio Department of Job and Family Services reported this morning. Unemployment last month was up from June 2015’s 4.8%. Nationwide the employment rate was 4.9% in June, up from 4.7% in May and down from 5.3% in June […]

Friday, July 22, 2016

YOUNGSTOWN, Ohio – The rich ethnic and industrial history of the Mahoning Valley, its recent accomplishments and challenges, and prospects for the future was the subject Thursday at the Tyler Mahoning Valley History Center. Host was the Mahoning Valley Historical Society. The program, “The Peopling of the Mahoning Valley Revisited,” was delivered by George D. […]

Friday, July 22, 2016

YOUNGSTOWN, Ohio – Work should begin sometime in the next month on the year-long upgrade to Wick Avenue. Meeting Thursday, the Youngstown Board of Control approved a $4.1 million contract with Marucci & Gaffney Excavating, Youngstown, for the project. Maricci & Gaffney submitted the lowest of six bids, which ranged up to $6.7 million. The […]

Friday, July 22, 2016

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, Thursday reported net income available to shareholders of $39.29 million, or 19 cents per common share, which includes three cents per share in merger-related costs. Total net income was $41.30 million. This compares to first-quarter net income available to shareholders of $24.12 million, […]

Friday, July 22, 2016

BERLIN CENTER, Ohio – In the solar energy business, a solar energy spill is characterized as a nice day. On Thursday, with clear skies and temperatures in the 90s, Erin Quinlan described it as “a powerful day.” Quinlan and her husband, Dan, own Valley Energy Solar, Salem, which recently completed installation of 396 solar panels […]

Friday, July 22, 2016

COLUMBUS, Ohio – Huntington Bancshares Inc., parent of Huntington National Bank, Thursday reported $174.54 million in net income for the second quarter, $154.67 million of which was applicable to common shares, or 19 cents per common share. This compares to first-quarter net income of $171.31 million, $163.32 million applicable to common stock, or 20 cents […]

Friday, July 22, 2016

SHARON, Pa. – Donna Winner and Karen Winner Sed will be presented with the 2016 Henry and Catherine Evans Community Service Award for their contributions to Buhl Community Recreation Center. They will be recognized at a dinner Sept. 28 at the Tiffany Banquet Center in Brookfield, Ohio. “Karen Winner Sed and Donna Winner are two […]

Thursday, July 21, 2016

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, and Yadkin Financial Corp., Raleigh, N.C., announced this morning that the former will acquire the latter in an all-stock transaction valued at $1.4 billion, or $27.35 per share of Yadkin. Pro forma, the acquisition of Yadkin, with $7.5 billion in assets would make the […]

Thursday, July 21, 2016

YOUNGSTOWN, Ohio – Commercial Metal Forming, which makes tank heads and custom stampings at its plant,  1775 Logan Ave., has entered into an asset-purchase agreement with CE Star Holdings LLC, an entity formed by a group of its parent company’s noteholders. CMF’s parent, New Jersey-based Constellation Enterprises LLC, filed Chapter 11 bankruptcy May 16 in […]

Thursday, July 21, 2016

YOUNGSTOWN, Ohio – The Ohio Department of Natural Resources issued six new horizontal well permits in the Utica shale for the week ended July 16, all in the southern portion of the oil and gas play. Three permits were awarded to Chesapeake Exploration LLC for wells in Jefferson County; Ascent Resources received a permit for […]

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