Local News

Monday, September 22, 2014

PITTSBURGH -- The 21 offices of OBA Bank in Maryland opened Monday morning as branches of First National Bank of Pennsylvania, Vincent J. Delie Jr., president and CEO of the bank and its holding company, F.N.B. Corp., said Monday. The acquisition of OBA Financial Services Inc., the holding company of OBA Bank, was completed Friday, Delie said. It takes the number of First National Bank offices in Maryland to 31. The Maryland regional headquarters of First National Bank are at 300 E. Lombard St., Baltimore. With the 21 OBA offices, First National Bank has more than 280 branches in Ohio,...

Monday, September 22, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- Nearly one in three Americans who isn’t retired is planning to work longer so they can afford to care for or provide care for their parents, PNC Financial Services Group said Friday. PNC Financial, based in Pittsburgh, is the parent of PNC Bank. The results of its annual survey of 1,021 adults with investable assets of $100,000 or more, PNC Perspectives on Retirement, show that three in 10 will defer retirement so they can afford to care for, or have care provided to, an older relative. Nearly...

Monday, September 22, 2014

UNIVERSITY PARK, Pa. -- Drilling in Pennsylvania's Marcellus Shale region led to a rapid increase in both the number of hotels and hotel industry jobs, but Penn State researchers report that the faltering occupancy rate may signal that there are now too many hotel rooms. "Demand is still high in many of the counties in the Marcellus Shale region, but the occupancy rate is starting to come down," said Daniel Mount, an associate professor in hospitality management. "The case could be made that this is a sign that hotels were overbuilt." Marcellus drilling operations...

Monday, September 22, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- The price of energy is key to redeveloping downtown Youngstown and the central heating and cooling system in place should advance its rebirth, Carl Avers says.  Avers, chairman and CEO of Youngstown Thermal LLC, which furnishes the heating and cool air to 75 buildings in the downtown, points to the experiences of other U.S. cities, large and small, that have rebounded because they could provide energy inexpensively. Among them are Akron, Nashville, Tenn., Jamestown, N.Y., St. Paul, Minn., and...

Monday, September 22, 2014

YOUNGSTOWN, Ohio -- As of 9:15 a.m. on the final day of its Fall Fund Drive, WYSU-FM surpassed its goal of the $132,000, the station announced Sunday. That sum came from 1,110 listeners, including 111 new donors, who contributed. The $132,000 goal was higher than the $115,000 set for the last several drives. This year’s fall drive was moved up a month and spread over three to adjust for changes in personnel that would have made that goal in October “impossible,” the director of broadcasting, Gary Sexton, said. Sexton said the additional funds are necessary to offset...

Monday, September 22, 2014

YOUNGSTOWN, Ohio -- Recent and classic books that have been banned or challenged are the subject of a new exhibit in the Sweet Gallery of University Archives and Special Collections in Maag Library. The free exhibit on the fifth floor of the library is in recognition of Banned Books Week, an annual event spearheaded by the American Library Association to highlight the value of free and open access to information. Since 1990,ALA’s Office for Intellectual Freedom has received reports of 9,500 attempts to remove books deemed by some as inappropriate. Most of the...

Monday, September 22, 2014

SUNNYVALE, Calif. -- With more insurers selling dental insurance through government exchanges, HealthPocket examined premiums and out-of-pocket costs to determine the typical expenses facing consumers, the authors of a recent study say. For adults who buy buy stand-alone dental coverage on government exchanges, the average monthly dental insurance premium was $31.81. The study also found that 82% of dental plans examined charged a co-insurance fee for major dental expenses such as crowns and root canals. A co-insurance fee is a percentage of the dental expense the...

Saturday, September 20, 2014

Author:  Dan O'Brien LISBON, Ohio -- Bob Crosser thought working 42 years as an Ohio Edison troubleshooter was enough, so in 2011 he chose to retire and spend his time tending the horses he raises on a farm along U.S. Route 30 here. But a recent turn of fortune might also have factored in his decision. “It’s been a gift, really,” Crosser says as his Chevrolet pickup truck bounces toward an operating natural gas well Chesapeake Energy Corp. drilled on his property almost three years ago. “This well’s been good to us. If it keeps coming...

Saturday, September 20, 2014

YOUNGSTOWN, Ohio -- Jim Kinnick, planning and engineering administrator for the Ohio Department of Transportation, will discuss plans for a major road project at state Routes 224 and 11 in Canfield at the Regional Chamber’s Good Morning, Canfield breakfast Oct. 3 at Tippecanoe Country Club. Preliminary work will begin this fall on the project, which is expected to be completed in October 2015. Additionally, Canfield city, township and school officials will provide updates at the breakfast event, sponsored by Farmers National Bank. Speakers include Canfield Mayor...

Friday, September 19, 2014

COLUMBUS, Ohio – Ohio’s unemployment rate was 5.7% in August, unchanged from the July rate, the Ohio Department of Job and Family Services reported this morning. Last month’s rate was down from 7.5% a year earlier.  The number of workers unemployed in Ohio last month was 234,000, up 1,000 from the month before. The number of unemployed has decreased by 109,000 over the past year, from 433,000.  Employment in goods-producing industries, at 873,000, decreased 2,400 from July as a 3,500-job loss in construction surpassed a 1,100-job gain in manufacturing. Employment in...

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