Events Calendar
In This Section
WWII veteran honored through hospice program
Don't expect Zips' exhibition game to be pretty
Dyer: Chapel Hill isn't rolling right along
Ridenour: Browns are back but nothing has changed so far
Bank helps more save their homes
Humane Society telethon short of goal
Two remarkable people enter centennial spotlight
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 Wednesday, Feb 20, 2008
Corporate Express
rejects Staples' bid
Corporate Express NV of the Netherlands on Tuesday rejected an unsolicited buyout offer from Staples Inc., saying the office products supplier's $3.67 billion bid was too low. Staples said its offer was all cash.
Corporate Express was known as Buhrmann NV until last spring, when it changed its trading name to that of its most well-known brand, the Colorado-based corporation it acquired in 1999.
Thomson gets OK
to buy Reuters
Thomson Corp. won European regulatory approval to buy news and information service Reuters Group PLC but must sell off financial research units to eliminate antitrust concerns, the European Commission said.
EU regulators said the two companies also had agreed with the U.S. Department of Justice that Reuters would divest divisions that supply financial-market research reports, earnings estimates and economic data archives while Thomson would shed some basic financial data on companies.
Thomson's $15.8 billion deal for Reuters would cut the number of major companies selling information and trading systems to the financial services industry from three — Reuters, Thomson and privately owned Bloomberg LP — to just two.
High court rejects
Ford's tax appeal
The Supreme Court turned away an appeal by Ford Motor Co. in a tax dispute with the cities of Seattle and Tacoma.
Ford won't be able to recover $1.7 million in taxes it paid the two cities after they audited the company and assessed it for back taxes in 2003.
While the financial stakes are small, several business groups urged the court to take the case because they argued that more and more localities are imposing the type of tax at issue. Seattle and Tacoma impose a ''business activity'' tax on a company's gross receipts from wholesale sales.
Separately, the court stepped into a dispute over a labor union's use of fees paid by non-union employees to finance the labor organization's court battles in other states.
Twenty state workers in Maine are challenging the expenditure by the labor union that bargains on their behalf.
Chrysler buyouts
under wraps for now
Chrysler LLC doesn't plan to announce the number of workers taking its latest buyout offer for several more weeks, despite the passing of a deadline for thousands of Detroit-area workers to make a decision, a company spokeswoman said.
As of Monday, hourly workers at 11 of Chrysler's U.S. facilities had been scheduled to decide on the offers, which include a $70,000 incentive payment to retirement-eligible workers or $100,000 to workers who leave without future pension or health benefits.
KeyCorp to sell
preferred securities
KeyCorp, Ohio's third-biggest bank, plans to sell $250 million of 60-year enhanced trust preferred securities, according to a person familiar with the offering.
The securities may yield about 8 percent, said the person, who declined to be identified because terms aren't set. The Cleveland-based bank's KeyCorp Capital X unit is issuing the debt, which isn't callable for five years.
Separately, KeyCorp said it might have to write down about $65 million in commercial mortgages and securities backed by such loans because of falling market values.
The cost, totaling 16 cents a share, assumes that market conditions at the end of the first quarter will be similar to those as of Feb. 13, the company said in a regulatory filing.
Interstate union
against bonuses
Interstate Bakeries Corp., with operations in Akron and Tallmadge, shouldn't be allowed to give managers $6 million in bonuses because they failed to revitalize the bankrupt maker of Wonder Bread and Twinkies, the company's second-biggest union told a judge.
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union generally supported the managers' turnaround efforts until Tuesday.
Corporate Express
rejects Staples' bid
Get the full article here.
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