Local News

Wednesday, January 21, 2015

BOARDMAN, Ohio -- PNC Bank filed a foreclosure complaint Tuesday in the U.S. District Court for the Northern District of Ohio against Ice Zone Ltd. and business partners Bruce Zoldan and Thomas Hutch Jr. The complaint alleges that the Ice Zone and its partners are in default on a $2.8 million note issued on Dec. 22, 2009, and owes the bank nearly $1.8 million. Zoldan and Hutch each personally guaranteed the loan, the filing states. Hutch is president of the Aerolite extrusion Co. in Youngtown. Zoldan is also president and CEO of B.J. Alan Co. and co-owner of the...

Wednesday, January 21, 2015

YOUNGSTOWN, Ohio -- Two organizations predict the national average price of gasoline will drop below $2 per gallon, perhaps as soon as this week.  Both GasBuddy.com and AAA predict the price drop, putting the average per-gallon price at a level motorists haven’t seen since spring 2009.  “The current trend has the national average today at $2.05, which maintains the consistent rate of decline we’ve monitored for the past several months,” says Patrick DeHaan, senior petroleum analyst with GasBuddy. AAA reports the average price of a gallon of self-serve gasoline in...

Wednesday, January 21, 2015

YOUNGSTOWN, Ohio -- President Obama’s critics say he did not appear to recognize the new political reality in Washington last night during his first State of the Union Address before a Congress now controlled by Republicans. That new reality was made apparent to Obama when his acknowledgement that he had “no more campaigns to run” was met with applause. “I know because I’ve won both of them,” he retorted, a reminder to opponents that he remains in office despite the results of the 2014 midterms. Democrats and Republicans representing the Mahoning and Shenango valleys...

Wednesday, January 21, 2015

Author:  George Nelson YOUNGSTOWN, Ohio -- The city wants to retain control of -- or at least the ability to use -- a parking lot near 20 Federal Place in case it gets the funds to build a parking deck on the site, Finance Director David Bozanich says. The parking lot, at Wick Avenue and West Commerce Street, is a point of contention -- although not the only issue -- in discussions between the city and NYO Property Group. NYO submitted the sole bid last October in response to the city’s request for proposals. NYO, owner and developer...

Wednesday, January 21, 2015

STATE COLLEGE, Pa. -- Rex Energy Corp. has placed the six-well J. Hall pad in Guernsey County, Ohio, into sales at an average rate of 2,365 barrels of oil per day, per well. The company says its Utica wells produced 43% natural gas liquids, 36% dry gas and 21% condensate. The six wells on the pad were drilled to an average lateral length of approximately 4,900 feet and tested 600-foot spacing between the laterals on the pad, the company said. The wells were completed with an average of 32 frac stages and sand concentrations exceeding 2,000 pounds per foot. Rex's...

Wednesday, January 21, 2015

WARREN, Ohio -- Akron Children’s Hospital has taken over operation of the pediatric unit at Mercy Health Youngstown’s St. Joseph Warren Hospital. Akron Children’s assumed pediatric operations at 8 a.m. Tuesday, ACH spokeswoman Annie Sofran says. The two hospitals signed an agreement last spring for Akron Children’s to operate the five-bed pediatric unit as well as a six-bed special care nursery, which will open later this year. “We are working hard to bring together the best of both organizations and to integrate quality monitoring and performance improvement...

Wednesday, January 21, 2015

YOUNGSTOWN, Ohio -- The YWCA of Youngstown received a $10,000 donation Tuesday from the Home Savings Charitable Foundation to sponsor the Women Artists: A Celebration! show.   The art show, which is marking its 33rd anniversary, highlights and supports women artists and their contribution to the arts locally, says Leah Brooks, executive director of the Youngstown YWCA. “The show provides a platform for local, regional, and national women artists to express their creativity and gain recognition for their talents,” she continues. Proceeds from the event benefit the...

Tuesday, January 20, 2015

COLUMBUS, Ohio -- The average insurance premiums Ohioans pay are among the lowest in the country, Lt. Gov. Mary Taylor reported Tuesday. The annual homeowner and auto insurance premiums, when combined, are nearly $500 below national averages. According to data for 2012, the most recent year available, Ohioans paid an average of $725 -- ninth lowest -- for homeowner’s insurance and $635 -- 11th lowest -- for auto insurance premiums compared to national averages of $1,023 and $815, respectively. The data is from the National Association of Insurance Commissioners. “...

Tuesday, January 20, 2015

FRANKLIN, Tenn. -- Community Health Systems Inc. expects to report net operating revenues of $4.9 billion for the final three months of 2014, the company reports. The company, which operates ValleyCare Health System of Ohio in northeastern Ohio and Sharon Regional Health System in western Pennsylvania, also projects net operating revenues of $18.6 billion for the year, according to a preview of its fourth quarter and annual results released this morning. CHS reported net operating revenues of $3.2 billion during the final quarter of 2013 and $12.8 billion for the...

Tuesday, January 20, 2015

YOUNGSTOWN, Ohio -- Youngstown State University has released its first President’s List, honoring students who earned a 4.0 grade point average during the fall 2014 semester. “This is an important way for us to recognize and celebrate academic excellence and the outstanding students we have at YSU,” said Betty Jo Licata, dean of the Williamson College of Business Administration, who led the initiative to create the new honor. The formation of the new President’s List was approved by the Dean’s Council and the Academic Senate at YSU. To be eligible for the list, a...

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