Local News

Friday, August 22, 2014

Author:  George Nelson NILES, Ohio -- A spokesman for the Cafaro Co. would not confirm that a building taking shape at its Eastwood Mall Complex would house the new headquarters for the commercial real estate developer. Nor would he say what the building would instead house. Construction of the building, behind fencing and near the newly opened Residence Inn by Marriott, created logistical concerns that pushed back construction of a banquet center that will be attached to the Eastwood Mall and the Residence Inn, said Joe Bell. Bell is...

Friday, August 22, 2014

PITTSBURGH -- Shareholders of OBA Financial Services Inc., based in Germantown, Md., voted to become part of F.N.B. Corp., the companies announced Thursday. Expected closing date is Sept. 19. All regulatory issues were completed July 29, F.N.B. said. OBA is the parent of OBA Bank, founded in 1861, which has assets of $381.6 million and six offices in eastern Maryland. It has 63 full-time and nine part-time employees. Its six branches will become part of First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corp.. which has a presence in Greater...

Friday, August 22, 2014

McLEAN, Va. -- Is a sharp correction in used-vehicle prices imminent? The National Automobile Dealers Association expects used-vehicle prices will indeed begin to fall -- gradually. After the Great Recession, a sharp decrease in new-vehicle sales greatly reduced the supply of late-model used vehicles. At the same time, price-conscious consumers chose to buy more affordable used vehicles than new cars and trucks. These two factors helped lift used-vehicle prices by 17% from 2007 to 2013, according to the NADA. Prices have risen another 2% so far this year to an all-...

Thursday, August 21, 2014

YOUNGSTOWN, Ohio -- DiRusso’s Real Italian Sausage Concessions, now in its 50th year, will celebrate 50 years of selling its sausage sandwiches at the Canfield Fair when the popular annual event returns next week. DiRusso’s Sausage has been a favorite of fairgoers since 1964 when Augustine “Augie” DiRusso started his concession business. His mother, Adeline DiRusso, was the originator of DiRusso’s sausage recipe. Upon Augie’s retirement in 1993, Robert DiRusso, his nephew, purchased the manufacturing business, now located at 1035 W. Rayen Ave.. Robert, who was raised...

Thursday, August 21, 2014

YOUNGSTOWN, Ohio -- Paula Brooks, a member of the Bipartisan White House Task Force on Climate Preparedness and Resilience, will host a roundtable discussion at Youngstown State University on Resilience in the Face of Climate Impacts. The event will take place at 4:30 p.m. Aug. 25, in the Ohio Room of YSU’s Kilcawley Center. The mission of the task force is to provide recommendations to President Obama on removing barriers to resilient investments and modernizing federal grant and loan programs. The event, which is open to the public, is one of a series across Ohio...

Thursday, August 21, 2014

Author:  George Nelson VIENNA TOWNSHIP, Ohio -- The chairman of the Western Reserve Port Authority’s board of directors says he anticipates meeting in the next few weeks to hire an interim executive director.  The port authority board took no action on the vacancy during its meeting Wednesday, the bulk of which was spent in a pair of executive sessions to discuss personnel issues. “Everyone wants it to be done as soon as possible,” and a meeting to hire for the post ideally will be held in the next two to three weeks, said Ron Klingle...

Thursday, August 21, 2014

WASHINGTON -- Mobile banking -- using a tablet, Blackberry, personal digital assistant (PDA) or cell phone to manage one’s bank accounts -- is gaining momentum although Americans still prefer the Internet, the American Bankers Association said Wednesday. Use of mobile devices has grown to 10% today from 8% in 2013, the ABA said of the survey of 1,000 adults conducted in its behalf by Ipsos Public Affairs, an independent market research firm. Those whose first preference is to manage their accounts online with a laptop or personal computer remained a plurality, 31%...

Thursday, August 21, 2014

YOUNGSTOWN -- The community’s first regional science and technology festival, 7 Days of STEM, takes place the week of Sept. 15 with a full range of events now posted online at OHWOWKids.org/7-days-of-stem. The seven-day celebration of STEM – science, technology, engineering and mathmatics -- education will be hosted at numerous venues, with various participating institutions, organizations and businesses. Among the newly scheduled events is a lecture at Sept. 16 by Tom Serienko, chief of Ohio’s Geological Survey and Ohio’s 13 state geologist. Serenko will appear at...

Thursday, August 21, 2014

YOUNGSTOWN, Ohio -- Foreclosure rates in Youngstown-Warren-Boardman decreased for the month of June over the same period last year, according to newly released data from CoreLogic, Irvine, Calif. The CoreLogic data reveals that the rate of Youngstown-Warren-Boardman area foreclosures among outstanding mortgage loans was 2.44% for the month of June 2014, a decrease of 1.15 percentage points compared to June o2013 when the rate was 3.59%. Foreclosure activity in Youngstown-Warren-Boardman still remained higher than the national foreclosure rate, which was 1.70% for...

Thursday, August 21, 2014

ASHTABULA, Ohio -- The Growth Partnership for Ashtabula County will host the 26th Annual Best of the County Awards at 5 p.m. Sept. 16 at the Sprire Institute in Geneva. The event will recognize finalists in five categories and one winner of the Lifetime Achievement Award. Businesses were nominated and evaluated based on criteria such as employment growth, capital investment, product development, system/process innovation and overall economic impact. Award categories and the finalists in each category follows: Lifetime Achievement Award winner: James Jones of Orwell...

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