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Fees eat up gift-card balances
Can't find the hot new toy? Blame the economy
Stocks jump after G-20 pledge to aid economies
Framed for child porn -- by a PC virus
Strollers recalled for fingertip amputation hazard
Ohio gas prices down 8 cents from last week
Most Read Stories
Unusual sports bar to be sold at auction
Motorcyclist killed, wife injured in Stark County crash
Family found dead in Ohio home
Man says he was punched, robbed by 3 people in parking lot
Man gets 3 years in prison for having sex with horse
Bank helps more save their homes
Circle K on Brown Street robbed
Woman says clinic refused to help her get pregnant because she's not married
Blogs:
Pets:
Cats are trainable — and that's not a punchline
The Heldenfiles:
Monday Notebook
Patrick McManamon:
Time for Kokinis, Browns to agree and part ways
Akron Zips:
Zips tip off tomorrow
Tribe Matters:
Indians announce spring dates
Cleveland Browns:
Mangini doesn't name a quarterback
Kent State Sports:
KSU Notes – November 9
Cleveland Cavaliers:
Shaq: It’s All About Winning Championships
Buckeye Blogging:
Weekly ‘B’ Deck Report – New Mexico St.
Varsity Letters:
Walsh Jesuit’s Caponi commits to Duquesne
All Da King's Men:
If It Looks Like Islamic Terrorism…
Blog of Mass Destruction:
Dems Message To Women: Don't Enjoy The Sex
Akron Law Café:
Abortion Analogies
See Jane Style:
Muffle Your Muffler
Car Chase:
Clock Tender- Extending the Life of Collector Car Clocks
Let's Talk Real Estate:
Rumors: Akron Starbucks Closing
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
The Black Keys to perform benefit concert at Musica on November 27
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
New 'Call of Duty' could set entertainment record
Published on Friday, Nov 21, 2008
Steve & Barry's buyer in default
BH S&B Holdings, the investor group that bought retailer Steve & Barry's LLC out of bankruptcy in August for $163 million, sought court protection itself, citing the deteriorating U.S. economy.
BH S&B was formed by Bay Harbour Management LC, York Capital Management and Hilco Merchant Resources LLC, with Steve & Barry's co- founders Steven Shore and Barry Prevor as investors.
The new company said it defaulted on senior secured loans, has no financing prospects and intends to liquidate all inventory by early next year.
In September, the company said stores in Akron at Chapel Hill Mall, in Jackson Township on Belden Village Street, in New Philadelphia at the New Towne Mall, and in Cleveland at Richmond Town Square would remain open. Six Northeast Ohio stores closed.
PNC stock issue to pay for NCB
PNC Financial Services Group Inc., the Pittsburgh-based bank that agreed to buy National City Corp., said it would issue 93 million shares of common stock tied to the deal.
The bank will also issue 1,500 shares of preferred stock to pay for its $5.2 billion acquisition of Cleveland-based National City, PNC said in a regulatory filing. PNC has agreed to sell $7.7 billion in preferred shares and $1.1 billion in warrants to the U.S. Treasury.
FirstMerit to pay cash dividend
FirstMerit Corp. declared a quarterly cash dividend of 29 cents per share, payable Dec. 15 to shareholders of record Dec. 1.
KeyCorp slashes dividend 67 percent
KeyCorp, the third-largest bank in Ohio, slashed its dividend by 67 percent after posting two straight quarterly losses.
The dividend of 6.25 cents a share will be payable Dec. 15 to shareholders of record on Dec. 2.
Honda plans to trim U.S. production
Honda Motor Co., the only major automaker to expand North American output this year, will trim production at U.S. plants by 18,000 more vehicles as sales decline. Cuts include 12,000 light trucks at its Lincoln, Ala., plant and 6,000 vehicles at factories in Marysville and East Liberty, Ohio.
Firestone says pact will help all Liberia
Firestone Natural Rubber Co. LLC, Liberia's biggest rubber plantation, says its new concession agreement signed with the government this year will benefit all the people of the west African country.
Firestone was responding to criticism from a Liberian conservation group, Save My Future Foundation, and international campaigner, Global Witness, that the agreement, by excluding the company's U.S. parent, will make it more difficult for Liberia to seek compensation if the contract is breached.
134 Wendy's jobs to leave Ohio
Wendy's central Ohio headquarters will lose 134 jobs next year through consolidation after the burger chain's recent takeover by Arby's owner Triarc Cos. Inc.
Wendy's said 120 of those jobs will be transferred to Atlanta, the home base of the new Wendy's/Arby's Group.
Steve & Barry's buyer in default
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