Local News

Wednesday, September 24, 2014

TROY, Mich. -- The Board of Directors of Talmer Bancorp Inc. appointed Thomas C. Shafer, age 55, as chief operating officer of the bank holding company and president of Talmer Bank and Trust effective Monday. He will be paid $350,000 a year, a continuation of his current base salary. Shafer joined Talmer in 2010 and has served as vice chairman of Talmer Bancorp since 2011. When Talmer acquired the former First Place Bank based in Warren, Ohio, Shafer served 18 months as its last president and CEO, “leading [its] successful integration and charter consolidation...

Wednesday, September 24, 2014

STEUBENVILLE, Ohio -- Eastern Gateway Community College reported Tuesday that its fall enrollment is 3,155, a record. Headcount is up 9% from fall 2013 when Eastern Gateway enrolled 2,904 students. The new-student count is 1,242, up from 1,197 a year ago. Continuing and returning students show the largest increase, going from 1,707 in 2014 to 1,913 this fall. Another milestone in enrollment reporting was made with the unduplicated headcount for the 2013-2104 academic year when 4,338 unduplicated students registered. This is the first time enrollment broke the 4,000...

Wednesday, September 24, 2014

NEW YORK -- More than half the people in the world will have Internet access within three years, says this year’s edition of the State of Broadband Report, issued by the Broadband Commission for Digital Development. Mobile broadband over smartphones and tablets has become the fastest-growing technology in history. The report, released Tuesday at the 10th meeting of the Broadband Commission, shows that more than 40% of the world's people are already online with the number of Internet users rising from 2.3 billion in 2013 to 2.9 billion by the end of this year. The...

Tuesday, September 23, 2014

YOUNGSTOWN, Ohio -- The unemployment rate for in August for Youngstown fell nearly three percentage points from a year ago, the latest state data show. Last month, the unemployment rate was 7.7%, down from 10.5% in August 2013 as well as from 9.0% in July, according to data the Ohio Department of Job and Family Service released this morning. The rate in Warren also showed a significant year-over-year drop to 6.8%, down from 8.9%, as well as from 8.3% in July. Mahoning, Trumbull and Columbiana counties all experienced decreases of about two percentage points year-over...

Tuesday, September 23, 2014

Author:  Michael Moliterno CLEVELAND -- If a tree falls in the forest and no one hears it, does it make a sound? Gordon Daily, president of BoxCast, asks a similar question: What’s the point of a sports event or a musical performance if it can be seen or heard only once by those present? “We wanted to see these organizations unlock the awesome content that they have,” Daily says.  BoxCast is a tech startup based in Cleveland that offers customers a minimum of hassle when they  stream live, high-definition videos.  The BoxCast “box”...

Tuesday, September 23, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- The number of people seeking treatment for opiate addiction at Meridian Community Care since the beginning of the year has grown threefold compared to the same period in 2013, reports Larry Moliterno, president and CEO. Of those who want and need treatment, only 10% have access to programs, Moliterno emphasized during a press event that hosted U.S. Sen. Sherrod Brown, D-Ohio. That's because federal law limits the number of addicts a physician can treat and the medications prescribed. In his...

Tuesday, September 23, 2014

GROVE CITY, Pa. -- Through this small town, a squad of what looks like the latest military prototype rumbles through the streets. The driver of the lead chair, Trac-Fab shop foreman Kenneth Turner, raises his left hand in a fist as he approaches a crosswalk. “Stop!” he shouts. The other six chairs come to a halt behind him in a single-file line. As the final driver, shop manager Steve Dickson, reaches the line, he shouts, “All here!” And so the workers of Trac-Fab continue their afternoon drive with almost military precision, making sure that each chair is accounted...

Tuesday, September 23, 2014

CLEVELAND -- For the second consecutive year, American Banker Magazine has named Beth Mooney, CEO and chairman of KeyCorp, to head its list, "The 25 Most Powerful Women in Banking." The magazine also recognized three other KeyCorp executives with its annual Women in Banking Awards. Maria Coyne, executive vice president and branch network executive, was ranked No. 18. Amy Brady, chief information officer, was No. 6 on "The 25 Women to Watch" list. Margot Copeland, director of philanthropy and civic engagement, will receive American Banker's Community Impact Award....

Tuesday, September 23, 2014

YOUNGSTOWN, Ohio -- Blake Mycoskie, founder of TOMS and New York Times best-selling author, will be the featured speaker Oct. 7 at Youngstown State University’s Paul J. and Marguerite K. Thomas Colloquium. Mycoskie founded TOMS after becoming aware of the hardships faced by children without shoes while competing along with his sister in CBS’ The Amazing Race. TOMS’ business model -- to donate a pair of shoes to children in need for each one purchased -- has brought him numerous accolades. In 2011 he applied the model to eyewear, and since then saved or restored...

Tuesday, September 23, 2014

WASHINGTON -- After four consecutive months of gains, sales of existing houses slipped in August as investors paying in cash retreated from the market, the National Association of Realtors reported Monday. The increases in sales in the Northeast and Midwest were more than offset by declines in the South and West. Total existing-house sales -- defined as completed transactions of single-family houses, townhouses, condominiums and co-ops -- fell 1.8% to a seasonally adjusted annual rate of 5.05 million from a slight downwardly revised 5.14 million in July, the trade...

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