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Omnova Solutions annual meeting provides reason to celebrate: $26.2 million profit
Porsche takes top spot in dependability study
Sex.com creditors say domain's too hot to be sold
Consumer prices unchanged in February
FDIC to decide soon on ending guarantee
Current account deficit rises to $115.6 billion in fourth quarter
First-time jobless claims drop slightly
Some FirstEnergy customers get reprieve
Most Read Stories
Iraq veteran dies after shooting near UA stadium
Theft, fraud allegations leave family in turmoil
Intoxicated, suicidal educator apprehended after chilling drive in park
Man breaks into house, flees when owner wakes up
Teen accused of drinking, dancing topless in club
Cavs to negotiate for Ilgauskas' return
Barberton man hit by vehicle after fight dies
Area Marine shot in Afghanistan dies
Blogs:
Akron Docs in Haiti:
Almost home
First Bell - On Education:
Strange, sad story from Canton
Pets:
Found: White Eskimo male dog near Bath and State Rd.
The Heldenfiles:
Amanpour To Anchor "This Week"
Akron Zips:
Looking back on the season
Tribe Matters:
Cabrera says it’s time to play
Cleveland Browns:
Yates latest to re-sign
Balanced Ledger:
How times have changed?
Kent State Sports:
Kent State beats Tulsa in NIT; Will face Illinois on ESPNU
Cleveland Cavaliers:
Highlights from Wednesday’s Cavs-Pacers Game
Buckeye Blogging:
Bucks High Seed – Turner High Praise
Varsity Letters:
Smithville falls 56-34 to Liberty-Benton
All Da King's Men:
ObamaCare To Reduce Premiums By 3000% ?
Blog of Mass Destruction:
Why Republicans Are Acting So Crazy
Akron Law Café:
Does Capitalism Inspire "Moral Flexibility"?
Car Chase:
2010 CONCOURS SEASON IS UPON US
Let's Talk Real Estate:
Deals in Miami?!.
Sound Check:
Willie Nelson & Family coming to the Akron Civic Theatre May 11
See Jane Style:
Who Wore What – The Oscars
HRLite House:
Horses of Courses
Akron Gamer:
PlayStation's Move ups the interaction, fidelity
Published on Saturday, Oct 24, 2009
Ford plant workers OK concessions
Ford engine-plant workers in Cleveland approved contract concessions including a 6-year ban on some strikes and a wage freeze for new hires until 2015.
About 61 percent of members of UAW Local 1250, which represents about 1,270 employees, voted in favor of the measure and 39 percent were opposed, according to Mark Payne, a first vice president at the union local.
Ford promised to build a fuel-efficient engine in the factory upon approval, he said.
Ford, the only major U.S. automaker to avoid bankruptcy, won support from UAW local leaders last week on an agreement to grant concessions similar to those secured by General Motors and Chrysler.
Voting began Thursday and will continue through Oct. 30 at factories throughout the U.S.
Homebuyers boost sales in September
Racing to complete their purchases before a tax credit for first-time owners expires, homebuyers pushed sales up last month by the largest amount in more than 26 years.
After jumping 9.4 percent in September, home resales are up nearly 24 percent from the bottom in January, the National Association of Realtors said.
Macy's dividend at 5 cents per share
Macy's Inc. (NYSE: M) declared a regular quarterly dividend of 5 cents per share, payable Jan. 4 to shareholders of record Dec. 15.
Net earnings up for Wayne Savings
Wayne Savings Bancshares, Inc. (Nasdaq: WAYN), the holding company parent of Wayne Savings Community Bank of Wooster, reported net earnings of $652,000, or 23 cents per share, for its second quarter ended Sept. 30.
That compared to $601,000 or 21 cents a share, for the second fiscal quarter ended September 30, 2008.
Microsoft revenue and earnings down
Microsoft said its quarterly earnings dropped to $3.6 billion, or 40 cents per share, but that was much higher than analysts' estimate of 32 cents per share in a Thomson Reuters survey. In the same period last year Microsoft earned $4.4 billion, 48 cents per share.
Revenue sank 14 percent to $12.9 billion.
Membership rises at Ohio credit unions
Ohio's credit unions say the economic downturn has allowed them to add more customers and make more loans.
The Ohio Credit Union League says membership increased by about 30,000 during the first six months of this year. Ohio credit unions also originated $960.5 million in mortgages during the first half of 2009, a figure 50 percent higher than in all of 2008.
Groups to fight phone legislation
Consumer groups are banding together to oppose Ohio legislation that would deregulate basic landline telephone service.
The Ohio Consumers' Counsel, AARP Ohio and other organizations said the legislation would increase rates, lessen consumer protections and decrease service quality.
Consumers' Counsel Janine Migden-Ostrander says the bill would create a deregulated monopoly in some rural areas that don't have much competition. It would allow companies to raise rates for basic service $1.25 a year and give them more time to restore service outages.
However, a bipartisan group of lawmakers supporting the legislation, as well as the industry, say the change is needed to spur competition with other states and help create jobs.
Fiat, not Chrysler, to compensate CEO
Chrysler Group LLC isn't paying any compensation to Chief Executive Officer Sergio Marchionne, according to a document posted on the U.S. Treasury Department's Web site.
Marchionne is being paid by Italy's Fiat SpA, where he is also the CEO, the Treasury said, citing a submission by Chrysler. Fiat owns 20 percent of the Auburn Hills, Mich.-based automaker.
Ford plant workers OK concessions
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