Local News

Wednesday, May 28, 2014

CHICAGO -- More than three of four workers in desk jobs and nondesk jobs are equally likely to report being happy in their roles, a survey conducted by Harris Poll in behalf of CareerBuilder finds. But workers in desk jobs are more likely to report complaints about their work environment. Many workers in desk jobs said their positions enable them to stay in the loop and build closer relationships with company leaders and peers while workers in nondesk jobs said their positions give them greater variety and flexibility in their workday, the survey discovered. Some 38...

Tuesday, May 27, 2014

YOUNGSTOWN, Ohio -- It has been 29 days since Channel 27 viewers in Youngstown saw the station's chief meteorologist, Don Guthrie, forecasting the weather. Many of those viewers have called or emailed to ask why they haven’t seen Guthrie, WKBN said. "Out of respect for his privacy, the station had not told viewers, until today, that Guthrie is fighting late stage pancreatic cancer." According to an announcement released today by WKBN, the 71-year-old Guthrie recently invited his friend and former long-time competitor, Stan Boney of WYTV 33 News, to tell this story....

Tuesday, May 27, 2014

YOUNGSTOWN, Ohio -- Foreclosure rates in March for the metropolitan area covering Mahoning and Trumbull counties in Ohio and Mercer County, Pa., declined by nearly 1.5 percentage points from a year earlier, according to the latest monthly report from CoreLogic. The rate of foreclosures in the Youngstown-Warren-Boardman metropolitan statistical area for outstanding mortgage loans in March was 2.78%, down 1.43 percentage points from 4.21% in March 2013. Despite the decline, foreclosure activity in the Youngstown-Warren-Boardman MSA was higher than the national...

Tuesday, May 27, 2014

YOUNGSTOWN, Ohio -- Two-dozen young scholars from the Mahoning Valley are receiving scholarships from the Cafaro Foundation, and this year the amount of scholarship money climbed to a new high, $57,000. Trustees of the Cafaro Foundation awarded the scholarship grants based primarily on the students’ academic merit, while also considering their financial need and the recommendations of teachers and guidance counselors, according to an announcement from the foundation. The individual scholarships range in value from $5,000 to $1,000. The Cafaro Foundation is a...

Tuesday, May 27, 2014

WARREN, Ohio -- Stoneridge Inc. is selling the assets of its wiring business segment for $65.7 million to Motherson Sumi Systems Ltd., an India-based manufacturer of products for the automotive industry, the company announced Monday. The purchase agreement includes the assumption of certain liabilities. Stoneridge said the sale is aligned with its strategy to focus on higher value-added technologies and products, would improve the company’s profit margin and provide resources to fund growth initiatives. The transaction involves approximately 4,700 employees and is...

Tuesday, May 27, 2014

Author:  Dan O'Brien NEW CASTLE, Pa. -- There are no signs outside to even hint at the existence of a company. Were it not for the several cars and trucks parked in a gravel side lot, you’d swear that the nondescript building at 511 Sampson St. here. is vacant. Open the doors and inside you get a peek into what epitomizes the raw backbone of the region’s manufacturing sector: a small business that eschews splash, instead focusing on -- and poised for -- growth. Every square inch of the 10,000 square feet of the Wickmac Machine...

Tuesday, May 27, 2014

YOUNGSTOWN, Ohio -- Youngstown State University will host its sixth annual Sustainable Energy Forum June 2-3 in Kilcawley Center on the YSU campus. The first day of the event will feature panel discussions on the National Aeronautics and Space Administration, additive manufacturing and 3-D printing, and a research exchange featuring researchers from YSU, Wright State University and Ohio State University. Following a breakfast reception and an introduction by Dr. Martin Abraham, dean of YSU’s College of Science, Technology, Engineering and Mathematics, opening remarks...

Tuesday, May 27, 2014

WASHINGTON -- The average person who buys gifts for this year’s graduates and spend $97.79 for an average of two graduates, the National Retail Federation reports. Cash is the most popular gift. Total spending on gift cards, electronic items, apparel and other items will total $4.7 billion, the highest amount in the history of the nine years the federation has conducted a graduation spending survey.. High school graduates will look to their parents to stock their cars full of new gadgets, clothing and gift cards as they head off to college, the survey found. The...

Tuesday, May 27, 2014

YOUNGSTOWN, Ohio -- Individuals interested in pursuing a master’s degree in business administration are invited to the Williamson College of Business Administration’s MBA information session at 5:45 p.m. Monday, June 2. Youngstown State University's flexible MBA allows students to pursue a degree part time or full time. Classes are held one night a week, and some graduate business courses are offered in eight-week blocks. Students may start any semester: fall, spring or summer. The MBA program is accredited by AACSB International, which represents the highest...

Tuesday, May 27, 2014

NILES, Ohio --  First Niles Financial, Inc., parent company of Home Federal Savings and Loan Association of Niles, will pay a cash dividend of 5 cents per share on common stock and 6 cents per share on preferred class A stock for the second quarter of 2014. The dividend is payable June 20 to shareholders of record June 6.  Home Federal primarily serves the Niles area.  At March 31,  Home Federal exceeded all its applicable regulatory capital requirements, said its president, Lawrence Safarek. First Niles had $97 million in assets and $11million in stockholders’...

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