LOCAL BUSINESS


New flights to Midway


Southwest Airlines will begin two daily nonstop flights between Akron-Canton Airport and Chicago Midway International Airport on Aug. 12. The morning flight leaves Akron-Canton at 8:25 a.m., arriving at Midway at 8:39 a.m. The afternoon flight leaves Akron-Canton at 3:47 p.m., arriving at Midway at 4 p.m.


Airport spokeswoman Kristie Van Auken said the flights are “a real move toward integrating CAK into the Southwest network.” Southwest said last Friday that Akron-?Canton would become a Southwest station as part of its merger with AirTran Airways.


Van Auken said the addition marks the first regular flights from Akron-Canton to Midway.


Tickets are available now through www.airtran.com.


United Air Express offers daily flights to Chicago O’Hare International Airport.


Fair trustee takes action


The trustee for bankrupt Fair Finance Co. is stepping up lawsuits to seek the return of tens of millions of dollars to the defunct Akron business’s estate for eventual distribution to thousands of creditors.


Trustee Brian Bash will provide a status report starting about 9:30 a.m. today in U.S. Bankruptcy Court in downtown Akron.


Bash on Friday filed 23 “loan and state-law fraudulent transfer” complaints seeking the return of $11.5 million to the estate. Those lawsuits followed four related complaints filed Thursday for $108,000 and other lawsuits filed last year seeking more than $37 million.


Bash said he expects in the next two weeks to file still more lawsuits, including “several high-value lawsuits seeking tens of millions of dollars of damages for the benefit of the estate.”


More than 5,300 Ohio residents and organizations purchased more than $200 million in uninsured investment certificates from Fair Finance. Fair Finance’s owners in Indiana are facing federal charges that they operated the long-standing consumer loan and accounts receivables business as a Ponzi scheme after buying it in early 2002.


CFBank sets meeting


Central Federal Corp. (Nasdaq: CFBK) said Monday that its annual shareholders meeting will be at 10 a.m. May 17 at Fairlawn Country Club. Central is the holding company for CFBank, a savings association with banking offices in Fairlawn, Calcutta, Wellsville and Worthington. The company said shareholders of record April 6 will be eligible to vote at the meeting.


Young professionals sought


The Greater Akron Chamber said it is accepting nominations for the 2012 30 for the Future Awards. The program honors young professionals (ages 25-39) who are nominated by members of the chamber and regional profit and nonprofit organizations.


The chamber said independent committees select the recipients based on professional and community accomplishments, team building, leadership and creativity in overcoming obstacles.


Nomination forms are on the chamber’s website at www.greaterakronchamber.org. Deadline is March 30, with the awards program in September. Call Angela Presutti at 330-237-1263 or e-mail presutti@?greaterakronchamber.org for information.


Separately, the chamber has two Young Professionals Network programs this week:


• A discussion of economic issues and government policy with economic development coordinator Chris Cupples of U.S. Rep. Tim Ryan’s office. The program will be 6-8 p.m. Wednesday at Thirsty Dog Brewing Co., 529 Grant St., Suite B, in Akron.


• A panel discussion luncheon from 11:30 a.m. to 1 p.m. Friday at FedEx Custom Critical at 1475 Boettler Road in Green.


Hanna adds Columbus


Real-estate company Howard Hanna, which says it has 50-plus offices in Northeast Ohio with more than 2,300 sales employees, announced its entrance into Columbus as “the next logical place for us to be.”


The move brings Hanna’s office total to 134. Hanna calls itself the No. 1 home seller in Ohio and Pennsylvania and says it’s the fourth-largest real-estate company nationwide.


WALL STREET


Dow drops 11.66


The Standard & Poor’s 500 index eked out a tiny gain Monday while traders kept an eye on talks in Europe to cut Greece’s crushing debt load and prevent a global financial crisis. Other indexes ended slightly lower.


The S&P added 0.62 of a point to close at 1,316 on Monday. The broad market measure has now closed higher on 12 of 14 days this year.


The Dow Jones industrial average fell 11.66 points to 12,708.82.


The Nasdaq composite index fell 2.53 points, or 0.1 percent, to 2,784.17.


Compiled from staff and wire reports