Local News

Tuesday, July 29, 2014

HARRISBURG, Pa. -- The Foreign Direct Investment Association has named Pennsylvania this year’s  “Destination of the Future for Energy Intensive Industries,” Gov. Tom Corbett announced Monday. The award is based on the commonwealth’s actively executing strategies to support foreign companies’ direct investment in the energy sector. Pennsylvania ranks second among the states in electricity generation and nuclear production, fourth in coal production and has become the second-largest producer of natural gas. The Keystone State has become a net exporter of electricity and natural gas....

Monday, July 28, 2014

Author:  Dan O'Brien WEST MIDDLESEX, Pa. -- When Emil Koledin purchased the assets of the former Shenango Metalcraft Co. in 1975, he had every intention of gutting the building at 85 Garfield St. here, and selling off the equipment to make way for his construction company, Wesex Corp. Then one day he went to the mailbox. "He found that there were orders from companies such as Westinghouse and General Electric," recalls his daughter, Tanya McClafferty. "He realized that he had a great customer base and the equipment was already here."...

Monday, July 28, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Youngstown has been named to two more national Top-10 lists, the Youngstown/Warren Regional Chamber announced today. The city was named the No. 1 city on SmartAssest.com's “Ten Best Cities for Healthcare Access for Your Money” list, while the Manhattan Institute for Policy Research ranked the Youngstown-Warren area 10th on its list of the country's top 100 metropolitan areas for economic performance from 2009 through 2012. “We spend a lot of time focused on these rankings and we always have,”...

Monday, July 28, 2014

WASHINGTON – Medicines for his infant son put U.S. Rep. Tim Ryan into early trouble as he began his attempt to live on live on a minimum-wage income for a week Thursday, the first day of the Live the Wage Challenge, “started a little rocky,” Ryan, D-13 Ohio, reported on Facebook. His wife, Andrea, had informed him that they had to pick up “a couple of prescriptions” for their new baby, Brady. The medications cost $24.  “So we are down to $130 before we even got started,” he wrote in a post on Facebook. Under the experiment, the Ryans are living for a week on $154,...

Monday, July 28, 2014

WASHINGTON – Medicines for his infant son put U.S. Rep. Tim Ryan into early trouble as he began his attempt to live on a minimum-wage income for a week Thursday, the first day of the Live the Wage Challenge, “started a little rocky,” Ryan, D-13 Ohio, reported on Facebook. His wife, Andrea, had informed him that they had to pick up “a couple of prescriptions” for their new baby, Brady. The medications cost $24. “So we are down to $130 before we even got started,” he wrote in a post on Facebook. Under the experiment, the Ryans are living for a week on $154, what would...

Monday, July 28, 2014

YOUNGSTOWN, Ohio -- Foreclosure rates in the Youngstown-Warren-Boardman area decreased for the month of May over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Youngstown-Warren-Boardman area foreclosures among outstanding mortgage loans was 2.48% during May, a decrease of 1.38 percentage points compared to May of 2013 when the rate was 3.86%. Still, foreclosure activity in Youngstown-Warren-Boardman was higher than the national foreclosure rate, which was 1.73% for May. Also in Youngstown-...

Monday, July 28, 2014

YOUNGSTOWN, Ohio -- Foreclosure rates in the Youngstown-Warren-Boardman area decreased for the month of May over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Youngstown-Warren-Boardman area foreclosures among outstanding mortgage loans was 2.48% during May, a decrease of 1.38 percentage points compared to May of 2013 when the rate was 3.86%. Still, foreclosure activity in Youngstown-Warren-Boardman was higher than the national foreclosure rate, which was 1.73% for May. Also in Youngstown-...

Monday, July 28, 2014

WASHINGTON -- Based on preliminary Census Bureau data, the United States imported 3.586 million net tons of steel in June, the American Iron and Steel Institute reports. The figure includes 2.706 million net tons of finished steel. These figures are down 11.1% and 8%, respectively, compared to final data for May. Year-to-date total and finished steel imports are 21.082 million and 15.552 million net tons, respectively, up 34% and 26% respectively, versus the first half of 2013. Annualized total and finished steel imports in 2014 would be 42.2 million and 31.1 million...

Monday, July 28, 2014

WASHINGTON -- The Remodeling Market Index of the National Association of Home Builders rose three points to 56 in the second quarter, regaining the momentum built in 2013. This is the fifth consecutive quarter for an index reading above 50, th eassociation reports. An index with a reading above 50 indicates that more remodelers report business is higher (compared to the preceding quarter) than lower. “With many home owners on better financial footing, home remodeling has become more popular,” said Paul Sullivan, chairman of remodelers division of the assocoation, in...

Friday, May 9, 2014

Jim Tressel, executive vice president for student success at The University of Akron, has accepted an offer to be the next president of Youngstown State University, where he coached football from 1986 to 2000 before leaving to coach the Ohio State Buckeyes. The post YSU chooses Tressel as next president appeared first on The News Outlet.

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