Local News

Wednesday, August 20, 2014

WASHINGTON -- American businesses paid $671 billion in state and local taxes in U.S. fiscal 2013, accounting for 44.9% of all state and local taxes, based on the Council on Srtate Taxation data analyzed by Ernst & Young LLP. State business taxes grew 4.7% compared to local tax growth of 3.7%, the third consecutive year of increases in both categories. While this is the lowest share of total state and local taxes since fiscal 2006, the share businesses pay has remained relatively stable, peaking at 45.7% in fiscal 2007, less than one percentage point different...

Wednesday, August 20, 2014

HARRISBURG, Pa. -- Revenue from table games play at Pennsylvania casinos was $61.1 million in July. This represents a 1.93% increase in revenue from play compared with July 2013. There was a slight decrease in the combined overall gaming revenue at the 12 casinos this July compared to last year. Total revenue from slot machines and table games was $262,525,675 compared with $264,860,050 in July 2013, a difference of 0.88%. The 12 casinos in operation in Pennsylvania all offer both slot machine and table game gambling, employ over 16,000 and collectively generate an...

Tuesday, August 19, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- For Enertech Electrical Inc. in Lowellville, dealing with quarterly income taxes can be a time-consuming process, CEO Greg Haren laments. The company, which does business in Ohio, Pennsylvania and West Virginia, has to send paperwork out to some 20 to 30 municipalities, he said. “You have to know all the different rules and regulations. It’s very time-consuming for people to put that together,” Haren explained. Legislation moving through the Ohio Legislature that would simplify that process...

Tuesday, August 19, 2014

YOUNGSTOWN, Ohio -- Unemployment in each of the Mahoning Valley’s two largest cities rose by nearly a full percentage point in July from the month before, the latest data from the Ohio Department of Job and Family Services shows. County and metropolitan area data for the region released this morning by the state agency also showed unemployment rates last month were up from June, although the unemployment rate was down from July 2013 for the local cities, counties and metros. Unemployment in Youngstown was 9.0% during July, up from 9.1% in June although down from 10.4...

Tuesday, August 19, 2014

BALTIMORE -- More boys than girls say their parents talk to them about setting financial goals, a new report has found. Having financial conversations with kids can have a positive impact on their habits and confidence with money. T. Rowe Price’s 2014 Parents, Kids & Money Survey revealed that boys and girls ages 8 to 14 are not equally prepared when it comes to learning about money matters at home. But when such conversations occur, the children tend to develop positive financial behaviors such as identifying themselves as a saver rather than a spender, feeling...

Tuesday, August 19, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- From faculty bringing worldwide attention to Youngstown State University to students and graduates making achievements in their fields, YSU displays “extraordinary excellence,” says newly installed President Jim Tressel. “Sometimes we have to remind ourselves of the excellence of our students, our faculty, our staff, our graduates and so forth,” Tressel said in his address following his formal installation as YSU president. “But we also have to remind ourselves that even though we’ve been...

Tuesday, August 19, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- Jim Tressel’s admirers and well-wishers are legion. They simply can’t get enough of him as evidenced yet again by the turnout Monday afternoon for his installation as the ninth president of Youngstown State University. From Gov. John R. Kasich to the leader of the Roman Catholic Diocese of Youngstown, George V. Murry, to the many leaders of the business community to the delegation of 40 representatives from other universities to a host of elected officials to YSU faculty (active and retired)...

Tuesday, August 19, 2014

Author:  Dan O'Brien WARREN, Ohio -- A piping hot glow radiates across the top of the electric arc furnace at Warren Steel Holdings LLC as it roars into action, melting scrap steel at roughly 3,000 degrees. Meanwhile, large ladles carrying molten metal are automatically guided across the plant, their contents poured into a continuous caster that produces round steel blooms. "It's the sound of money," exclaims plant manager John Scheel as he stands just outside the plant, listening to the furnace kick in. "Everybody's happy to be...

Tuesday, August 19, 2014

WARREN, Ohio -- Youngstown State and Kent State universities have been awarded grants of $200,640 and $347,096, respectively, from the National Science Foundation. Both grants will be used for research, according to an announcement from the office of U.S. Rep. Tim Ryan. Ruigang Wang, professor at YSU, is providing research to help improve the performance of systems primarily used in the automobile industry to convert carbon monoxide emissions to less harmful substances. The research includes community college faculty from the surrounding region as part of the team....

Monday, August 18, 2014

YOUNGSTOWN, Ohio -- ValleyCare Health System of Ohio today reported that "limited personal identification data belonging to some patients who were seen at physician practices and clinics affiliated with ValleyCare Health System of Ohio over the past five years was transferred out of our organization in a criminal cyber attack by a foreign-based intruder." The ValleyCare statement followed Monday morning's filing with the U.S. Securities and Exchange Commission by ValleyCare's parent, Community Health System of Tennessee, that revealed the cyber attack (READ STORY)....

Pages