Local News

Tuesday, December 30, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- Corrections Corporation of America has requested a meeting as soon as this week with the Federal Bureau of Prisons for an official explanation on why it lost the contract that accounts for the vast majority of its inmates at its Northeast Ohio Correctional Center here, Mayor John McNally said Monday.    The contract to house illegal aliens was awarded to Moshannon Valley Correctional Center in Philipsburg, Pa., and Great Plains Correctional Facility in Hinton, Okla., Chris Burke, a spokesman...

Tuesday, December 30, 2014

YOUNGSTOWN, Ohio -- The Board of Directors of United Community Financial Corp. Monday authorized the repurchase of as many as 2.5 million common shares. UCFC is the holding company of the Home Savings and Loan Co. Last May 14, the directors reinstituted the holding company’s stock repurchase program and authorized the repurchase of as many as 1,477,804 common shares. Since then the company has repurchased 1,363,500 at an average price of $4.60 per share. Trading in UCFC yesterday closed at $5.46, down three cents from Friday’s close. Volume was 101,735 and the 52-week range is $3.17 to $5.51...

Tuesday, December 30, 2014

YOUNGSTOWN, Ohio -- Hilcorp Energy Co. secured three new permits for horizontal wells this month in neighboring Mercer County, Pa., according to the Pennsylvania Department of Environmental Protection. The Houston-based energy company is the most active driller in the northern tier of the Utica shale, which includes Lawrence and Mercer counties in Pennsylvania and Mahoning, Trumbull and Columbiana counties in Ohio. According to the latest report from the DEP, Hilcorp secured two permits in Jefferson Township at the Zigo farm on Dec. 16, and a single permit for a...

Tuesday, December 30, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Four weeks ago, the Austintown Middle School Smart Cookies robotics team won two awards at a First Lego League competition in Warren. One was for an innovation they designed for a smartphone app to help kids with learning disabilities improve their math skills. On Monday, they talked to the Youngstown Business Incubator, looking to develop and produce the app. “We get pitched every day, sometimes as many as 10 times, almost always from adults,” said YBI CEO Jim Cossler. “They did better than a...

Monday, December 29, 2014

Author:  George Nelson WARREN, Ohio -- Technology and education are driving recent and upcoming initiatives in this city. Among the highlights of 2014 Mayor Doug Franklin cites is the relocation of Laird Technologies from Sharpsville, Pa., bringing 200 jobs here including 50 new jobs. “They’re a global leader in remote technologies in harsh environments,” he said. “It’s very cutting-edge technology and the growth expectations are off the charts basically.” The mayor reflected on what he’s seen in his city in an end-of-the-year...

Monday, December 29, 2014

COLUMBUS, Ohio -- The average annual contribution to Ohio's CollegeAdvantage Direct Plan accounts was $2,900 in 2013. By the time a beneficiary reaches age 3 years, his average account balance is $8,741. By the time a beneficiary reaches age 17, the average account balance has reached $24,810, according to a report from the Ohio Tuition Trust Authority. The average account balance is $16,266. In comparison, the national average account balance was $20,671 at June 30. The Tuition Trust Authority offers and administers the CollegeAdvantage 529 Savings Program....

Friday, December 26, 2014

WASHINGTON -- After hitting their highest level of the year, sales of existing houses sales slid in November as fewer houses were put on the market, the National Association of Realtors reports. Houses sold declined across the United States compared to October. Total sales -- completed transactions that comprise single-family houses, townhouses, condominiums and co-ops -- fell 6.1% to a seasonally adjusted annual rate of 4.93 million from a downwardly revised 5.25 million in October. Sales dropped to their lowest annual pace since May (4.91 million) but are above...

Tuesday, December 23, 2014

Author:  Dan O'Brien STONEBORO, Pa. -- Few would suspect that the unassuming company tucked away along a gravel road in northern Mercer County, Pa., is one of only two in the United States that makes a very large product. “We are one of two manufacturers in the country of clamshell dredges,” says Earl Mook, marketing manager at Supreme Manufacturing Inc., which sits just off Interstate 79 here. The company, established in 1990, was created in response to a growing demand in the aggregate industry for large clamshell dredges and...

Tuesday, December 23, 2014

WASHINGTON -- As the holiday season spotlights acts of kindness and giving back, a new federal study shows that one in four Americans volunteered through an organization and two-thirds helped their neighbors last year. Collectively, Americans volunteered nearly 7.7 billion hours last year.  This year's annual report by Volunteering and Civic Life in America, released by the Corporation for National and Community Service and the National Conference on Citizenship, finds that 62.6 million adults (25.4%) volunteered through an organization in 2013. Assigned value of...

Monday, December 22, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- It’s something that would elicit a laugh or a “Yeah, right,” had you suggested it 20 years ago. But now, with downtown bouncing back, it isn’t quite as farfetched. Every weekend, many of those visiting the restaurants, bars, clubs and entertainment centers close out their evening -- whether the night is still young or at last call -- lining up to buy cookies. In the 21 months since One Hot Cookie opened in Erie Terminal Place, lines have become the norm on Commerce Street and around downtown...

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