Events Calendar
In This Section
Can DNA tests free ex-Akron captain?
Zips' Porter creates culture of success
Health reform passes hurdle in Senate
Lawyers compare four cases to Prade's
Visiting new Navy ship brings back memories for Doylestown man serves on USS New York in 1930s
Green High senior goes extra mile for those who walk and jog the park trails
Most Read Stories
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Dad accused of forcing son into field, killing him
Man found dead in North Akron home is identified
Victim of beating in Kent last week is declared dead at Akron hospital
Coventry man killed in crash at I-77 ramp
Browns' roster nearly devoid of consistent players
NFL star Chris Spielman's wife loses cancer battle
College student mistaken for deer, shot to death
Blogs:
Pets:
Cat-loving chihuahua suckles seven abandoned kittens
The Heldenfiles:
Friday Night Notebook
Patrick McManamon:
For your Saturday entertainment …
Akron Zips:
Hitchens leads Zips in second-half comeback
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Holmgren expresses interest in Browns position
Kent State Sports:
Kent State blown out in second half, loses to Temple 47-13
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
OSU – Michigan college football rivals meet in Baghdad
Varsity Letters:
Four area football teams play tonight
All Da King's Men:
Headed For Disaster
Blog of Mass Destruction:
Will Health Care Reform Pass?
Akron Law Café:
Health Care Financing Reform: (69) The Brookings Institute Study on "Bending the Curve" – Four General Strategies
See Jane Style:
Vintage Chic
Car Chase:
TIME TO GET YOUR COLLECTOR CARS WINTERIZED
Let's Talk Real Estate:
Silverdome Potentially SOLD!
Ohio Travels with Betty:
George is looking for a Thanksgiving buffet in Akron.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Colloquium at University of Akron
Akron Gamer:
Nintendo's Mario endures even as games come and go
Published on Wednesday, Jun 11, 2008
Material supplies
worry steel makers
Cleveland-Cliffs Inc., North America's largest producer of iron ore, said steel makers are concerned supplies of the material used to make the metal might run short and are renegotiating contracts to guarantee deliveries.
Russia's OAO Severstal recently renegotiated a contract that wasn't up for renewal because it wanted to guarantee extra supplies, Cliffs Chief Financial Officer Laurie Brlas said at a conference in Toronto. Cliffs increased base prices on the contract, she said.
Cliffs said it supplies about 28 percent of the iron-ore pellets used in North America, and much of the material it doesn't supply is held by steel makers such as U.S. Steel Corp., the largest U.S.-based steel producer. Iron-ore prices are soaring because of rising demand in China, Russia and India.
Nissan truck shift
is out, car shift is in
Nissan North America is switching gears at its Canton, Miss., plant, cutting a truck-making shift in favor of one to build cars.
The move comes amid rising gas prices and dropping demand for trucks in the U.S. Some of the 450 truck shift workers will begin moving into their new role June 23.
Networking event
planned by MDBA
The Multicultural Diversity Business Association will hold a high-speed networking event during its monthly membership drive in Akron. Speed networking involves people meeting each other one at a time for short intervals.
The event will be 4 to 6 p.m. June 25 at the Memorial Dining Room, 440 Grant St. (behind the Business Medical Service Bureau). It is free to MDBA members, $10 for nonmembers. For more information, call 330-920-1915 or visit http://www.mdbaonthemove.com.
/> Fed chairman says
outlook improved
Federal Reserve Chairman Ben S. Bernanke said the economic outlook has improved from a month ago, and central bankers will combat any increase in inflation expectations.
''The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so,'' Bernanke said in remarks to a Boston Fed conference in Massachusetts. ''The Federal Open Market Committee will strongly resist an erosion of longer-term inflation expectations.''
Inflation rate down
in May in China
China's inflation rate slowed to 7.7 percent in May, according to two government officials who said they saw statistics bureau data.
DuPont investigates
factory's cancer rate
DuPont is planning a detailed study looking at why workers at a West Virginia plant appear to be getting a rare form of cancer at a higher rate than normal.
The study DuPont hopes to start this summer is designed to help determine whether anything at the Washington Works plant near Parkersburg, along the Ohio line, is causing carcinoid tumors, company epidemiologist Morel Symons said. Early work suggests there are more cases than would be expected at the plant, he said.
DuPont uses the chemical ammonium perfluorooctanoate — commonly referred to as C8 — to make the nonstick product Teflon at Washington Works.
Ford investors take
Kerkorian's offer
Ford investors flocked to Kirk Kerkorian's offer to buy 20 million additional shares of the company, a move that will help the billionaire investor increase his stake in the automaker to about 5.5 percent.
Kerkorian's Tracinda Corp. said its tender offer of $8.50 a share drew overtures of more than 1 billion of the company's shares, or nearly half of Ford's outstanding stock. Tracinda will buy 20 million shares for about $170 million.
Analysts said the enthusiastic response was not surprising, given the trajectory of Ford's stock price in recent weeks. When Tracinda launched the cash tender offer on May 9 for the additional shares, it offered a slight premium to the stock's May 8 closing price of $8.20.
Ford shares closed down 24 cents, or 3.8 percent, to $6.12.
Material supplies
worry steel makers
Get the full article here.
