Events Calendar
In This Section
Summit County gets foreign investment designation that could help Goodyear project
Service sector shrinks less than expected in June
Analysis: Economic stress up in much of nation
Bankruptcy judge OKs GM sale plan
Ohio gas prices up 2 cents since last week
Portage County hospital extending its reach
Google drops article comment feature on Web site
Most Read Stories
Blogs:
Pets:
Sunburn in canines and felines
The Heldenfiles:
Monday Notebook, New "90210" on DVD
Patrick McManamon:
Another NBA free agent goes to a Cavs competitor
Akron Zips:
Opponent outlook: Northern Illinois
Browns Bulletin:
Single-game ticket sales begin July 11
Tribe Matters:
Shapiro fights to maintain normalcy
Cleveland Browns:
Stallworth test showed marijuana
Kent State Sports:
Men's Basketball Scheduling update
Cleveland Cavaliers:
Free agency: Another One Bites the Dust
All Da King's Men:
The Obligatory Palin Post
Blog of Mass Destruction:
The "Limbaugh Babies"
Akron Law Café:
The Veil and the Burqa – Constitutional to Ban or Restrict?
Varsity Letters:
Solon’s Baldwin could decide soon
See Jane Style:
Picnic Wear
Car Chase:
Where do We Go from Here?
Let's Talk Real Estate:
ID My Bug
Ohio Travels with Betty:
Jennifer inquires about a bus tour to Atlantic City
Sound Check:
Rundgren fans rejoice!: Second night of AWATS at The Civic added
HRLite House:
Morscruethal Behaviors or Just Lip Service?
Akron Gamer:
Hot link: Best of Nintendo at E3
Published on Saturday, Jun 21, 2008
Goodyear to supply
tires for Ford Flex
Goodyear said it will supply original equipment tires for the 2009 Ford Flex vehicle.
Goodyear said its Assurance ComforTred tire in the size P235/60R18 has been chosen. No other details of the agreement were disclosed.
JumpStart to invest
$350,000 in Tursiop
JumpStart Inc., the Northeast Ohio organization working to accelerate the growth of early stage businesses, will invest $350,000 in Cleveland-based Tursiop Technologies.
Tursiop is developing a novel nanomaterial-based coil that is said to improve image quality for magnetic resonance scanners (MRIs.)
Targeting a projected billion-dollar market by 2012, Tursiop already has built, tested and generated images with several prototype coils.
Honda's new fleet
of railcars on tracks
Honda is launching a new fleet of railcars to ship its vehicles, a move that's designed to save fuel and be kind to the environment.
The fleet of 400 multilevel Auto-Max railcars has hit the tracks, with the capability of holding 22 vehicles each.
The railcars are one of Honda's environmental initiatives, said Ron Lietzke, spokesman for Honda of America Manufacturing.
The company says the new railcars will save Honda 2,436 gallons of fuel and 54,432 pounds of carbon-dioxide emissions per year.
A $7 million redesign of the rail system was required at the Marysville and East Liberty plants, so the longer railcars could fit easier and be loaded more efficiently.
InBev CEO says
distributors 'key'
InBev NV Chief Executive Officer Carlos Brito, addressing critics of the company's previous cost-cutting initiatives, said Anheuser-Busch Cos.' wholesale distributors will be ''key'' if its $43.6 billion takeover offer for the maker of Budweiser is accepted.
The philosophy of the world's largest brewer is to target ''nonworking dollars'' within companies, Brito said in a video released on the Belgium-based company's Web site.
Some distributors were forced out of business when the Brazilian brewer that combined with Interbrew SA to form InBev increased the amount of beer it shipped directly to retailers to cut costs.
Boeing marks
jetliner milestone
Boeing Co. said it has completed the process of powering up its 787 jetliner, marking a major milestone for the much-delayed program.
The ''power on'' announcement keeps Chicago-based Boeing on track for a first flight later this year of the company's first newly designed commercial plane in more than a decade.
The 787 program has been plagued by parts shortages and delays resulting from its unusually heavy reliance on suppliers.
Huntington rises
most in 28 years
Huntington Bancshares Inc., the Columbus-based bank that lost more than half its market value this year, rose the most in at least 28 years after saying uncollectible loans will be within its second-quarter forecast.
The bank rose $1.53, or 30 percent, to $6.67 in Nasdaq Stock Market trading after saying in a statement late Thursday that unpaid loans will be at the high end of its previously announced range of 0.60 percent to 0.65 percent. The company also said it had enough capital to meet regulatory requirements.
Writedowns possible
for Ford, GM units
General Motors and Ford finance units might have to write down more than $1 billion each as values of used trucks plummet, Lehman Brothers analyst Brian Johnson said.
The writedowns could total $1.5 billion at GMAC LLC and $1.1 billion at Ford Motor Credit, the analyst said. The value of vehicles coming back from consumer leases could be ''lower than original expectations, which could impact loss rates'' at the finance units, he said. The value of large pickups has dropped 12 percent since the end of the first quarter, he said.
Goodyear to supply
tires for Ford Flex
Get the full article here.

