Local News

Thursday, October 23, 2014

CANFIELD, Ohio -- Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., Wednesday reported third-quarter net income of $2.28 million, or 12 cents a share. This compares to second-quarter net income of $2.35 million, or 13 cents a share, and third-quarter 2013 net income of $1.61 million, or nine cents a share. The third-quarter 2013 results “included $1.3 million in severance expenses related to terminated employees,” Farmers said. In its earnings release, the provider of financial services listed six highlights including loan...

Thursday, October 23, 2014

PITTSBURGH -- F.N.B. Corp., holding company of First National Bank of Pennsylvania, Wednesday reported $35.39 million in net income for the third quarter, $33.38 million of which is available to common shareholders, or 20 cents per common share. This compares to $34.83 million net income the second quarter, $32.82 million available to common shareholders, or 20 cents per common share, and $31.63 million net income a year ago, before it issued preferred stock, or 22 cents per share. Preferred stock expense was $2.01 million in both the second and third quarters. In...

Thursday, October 23, 2014

WASHINGTON -- Restaurant industry job growth remains broad-based on the state level, with employment gains outpacing the overall economy in the vast majority of states. Colorado leads the way with a 6.3% increase in jobs through September, while Ohio and Pennsylvania are closer to the bottom of the list with increases of 1.9% and 2.3%, respectively. Colorado, which is on pace to register its strongest annual increase in restaurant employment since 1995, is followed by solid gains in Oklahoma (5.6%) and Georgia (5%), according to the Bruce Grindy, economist at the...

Thursday, October 23, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Meeting 45 minutes behind closed doors, more than 160 members of the Youngstown State University chapter of the Ohio Education Association unanimously voted to authorize a strike if an agreement on a new contract cannot be reached with the university. “We are not confident at all. That's why both parties scheduled fact finding, because we are not confident that we will reach a common position on Oct. 28 [the next scheduled negotiating session],” said Gabriel Palmer-Fernandez, chief negotiator...

Wednesday, October 22, 2014

AUSTINTOWN, Ohio -- Hollywood Gaming at Mahoning Valley Race Course is still hiring for racetrack positions as it prepares to begin thoroughbred racing Nov. 24.  The racino, which opened its video lottery terminal operation Sept. 17, is looking to fill 20 to 24 open positions on the starting gate crew, track maintenance (including tractor and vehicle drivers), skilled trade positions (mechanics, plumbers and carpenters) jockey valets and general laborers. “We are quickly gearing up for our first thoroughbred race meet, and there are still plenty of opportunities for...

Wednesday, October 22, 2014

KENT, Ohio -- Kent State University has signed an agreement establishing a joint project with the U.S. Commercial Service to promote U.S. exports by locating a U.S. Export Assistance Center at the university. The U.S. Commercial Service is part of the U.S. Department of Commerce’s International Trade Administration.  KSU’s College of Business Administration will work with Todd Hiser, international trade specialist with the U.S. Commercial Service, to identify export-ready companies in Northeast Ohio, providing businesses with enhanced benefits such as client...

Wednesday, October 22, 2014

Author:  George Nelson NILES, Ohio – Anthony Cafaro Sr. made clear Tuesday he is ready to leave Mahoning County. “We have belonged here [Niles] for a long time. We should have been here years ago,” he said at a press event announcing the relocation of the Cafaro Co.’s headquarters to the Eastwood Mall Complex and construction of a new hotel on the mall property (READ COMPANY ANNOUNCEMENT). Cafaro’s comments appeared aimed at Mahoning County officials, with whom he clashed over plans to relocate the county Department of Job and Family...

Wednesday, October 22, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Leaders involved in the redevelopment and future of downtown agree that the best years are still ahead for the city's central business district. "For as far as we’ve come in such a short amount of time, I don't think we're even close to what our potential or peak upside will be," said Dominic Gatta, whose company, the Gatta Company, owns the Federal and Gallagher buildings downtown. Gatta joined other developers and stakeholders Tuesday at the Youngstown Business Incubator in delivering a...

Wednesday, October 22, 2014

COLUMBUS, Ohio -- American Energy Utica LLC, a division of Oklahoma City-based American Energy Partners LP, was awarded six new permits to drill horizontal wells in eastern Ohio's Utica shale play last week, according to the Ohio Department of Natural Resources. The company, founded last year by former Chesapeake Energy CEO Aubrey McClendon, secured all six permits for sites in Harrison County, records show. Four of the wells are slated for the Cravat Coal pad, while two others are targeted for the Triplett FRK pad. ODNR issued 12 horizontal permits for the week...

Wednesday, October 22, 2014

YOUNGSTOWN, Ohio -- The Home Savings and Loan Co. has named Nancy Tabor area manager for Trumbull County, Gary M. Small, president and CEO, announced Tuesday. Tabor served as senior branch manager of both the Kirk Road and Newport Glen offices. She joined Home Savings in 2012 and has served on the committee of Buy Into Youngstown and the Relay For Life of Niles, where she lives. Home Savings is a subsidiary of United Community Financial Corp., which has assets of $1.7 billion and operates 33 banking offices and seven loan production offices throughout Ohio and...

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