Local News

Friday, August 15, 2014

ALEXANDRIA, Va. -- Just as quickly as consumer optimism rose in July, it fell in August, even though gasoline prices declined more than 15 cents a gallon over the past month, according to a survey conducted for the National Association of Convenience Stores. The survey found that 39% of consumers say they are optimistic about the economy, down from 46% in July. Those polled age 50 and older are the least optimistic, 35% expressing that sentiment. The seven-point drop was the largest since January 2013 when the association began its monthly survey to measure the...

Thursday, August 14, 2014

CLEVELAND -- The Cleveland Clinic announced plans Thursday to build a new $276-million cancer building that will unite all treatment care teams, organized by disease group, on its main campus in one central facility and accelerate “one of the most robust cancer research enterprises in the country.” The 377,000-square-foot facility will house all outpatient cancer care at Cleveland Clinic’s main campus. The building is designed to optimize patient experience and physician collaboration, with clinical space focused on multidisciplinary care and conveniently accessible...

Thursday, August 14, 2014

YOUNGSTOWN, Ohio -- If commencements at Youngstown State University this past academic year looked a little crowded, well, they were. YSU awarded 2,147 degrees in the 2013-14 academic year. That’s the most since 1985-86, nearly three decades. YSU celebrates summer commencement Saturday in Beeghly Center. Jack Fahey, vice president for student affairs, said the high number of graduates is a reflection of increasing enrollments that the university experienced in the first decade of the 2000s. But he pointed to two other factors. First, the number of veteran graduates...

Thursday, August 14, 2014

COLUMBUS, Ohio -- The Ohio Bureau of Workers' Compensation Wednesday announced a $1 billion rebate to business owners and municipal and county governments and what BWC billed as a major new investment in worker safety research and training. The rebate, promoted as "Another Billion Back," follows last year's $1 billion rebate to participants in the state workers' comp program. Both rebates were made possible by strong investment returns in the workers' compensation fund, said Gov. John Kasich in making the announcement. To qualify, eligible employers must be in good...

Thursday, August 14, 2014

Author:  Dennis LaRue WELLSVILLE, Ohio -- Nick Amato stands at the entrance to the Wellsville Intermodal Facility, one-time site of “The Brickyard,” and recalls the many times in his boyhood when he rode his bicycle on the dirt roads around the brick factory that closed in 1973. He points to an empty grass field and recalls, “I ran football laps over there.” Amato, today an attorney in Wellsville and the newest director on the Columbiana County Port Authority, is working to market the industrial park the authority has built and...

Thursday, August 14, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Rex Energy Corp., a company reaping strong returns in the southern tier of the Utica shale, is now training its sites on the northern portion of the play. The State College, Pa.-based company announced Tuesday that it is acquiring 208,000 leasehold acres from SWEPI LP, a subsidiary of Royal Dutch Shell, in a $120 million cash deal that includes positions in Mahoning and Columbiana counties. The deal also calls for Rex to acquire SWEPI leaseholds in Armstrong, Beaver, Butler, Lawrence, Mercer...

Thursday, August 14, 2014

YOUNGSTOWN, Ohio -- The Mahoning Valley Chapter of Empowering Women is presenting a special luncheon program Sept. 8 from noon to 1:30 pm at the Davis Family YMCA in Boardman. Entitled “Women Inspiring Women,” the program will feature presentations by Gina Pastella of VEC Inc., who is a director of strategic engagement and leadership coach; Melinda Givens of Compass Family & Community Services; and Greg Smith, chairman of the board of Compco Industries. Those wishing to attend can register online at YoungstownYMCA.org and click on ‘Empowering Women’ under news...

Thursday, August 14, 2014

YOUNGSTOWN, Ohio -- Auto dealers in the Mahoning Valley saw sales of new cars and trucks climb 15.7% in July compared to the same month last year, according to the Automobile Dealers Association of Eastern Ohio's latest report. ADEAO's monthly report shows dealers in Mahoning, Trumbull and Columbiana counties sold 3,090 new vehicles during the month versus 2,669 sold in July 2013. The top-selling new model in the three-county region was the Chevrolet Cruze, built at General Motors Co.'s Lordstown complex. Dealers reported they sold 107 new Cruze models last month....

Thursday, August 14, 2014

WARREN, Ohio -- Avalon Holdings Corp., headquartered in Howland Township, Wednesday reported a second-quarter net loss of $100,000, or three cents per share. This compares with net income of $500,000, or 12 cents per share, for the same quarter a year ago. Net operating revenues were $13 million compared with $15.7 million for the quarter ended June 30, 2013. For the first half of 2014, net operating revenues were  $23.0 million compared with $30.4 million the same period of 2013.  The company recorded a net loss of $800,000, or 21 cents per share, for the first six...

Wednesday, August 13, 2014

Author:  Michael Moliterno CLEVELAND -- When Rebecca Bagley became president and CEO of NorTech five years ago, she saw her role as ensuring that northeastern Ohio didn’t miss out in the next technology economy. “When I was coming in to interview, I got picked up by a driver,” she remembers. “And he was telling me how down and out he was and how this was such a bad place to live.” That was 2009. As a candidate to lead NorTech, a nonprofit formed 15 years ago to articulate a regional vision, she empathized with the driver. Like a...

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