Cleveland Fed chief said that the Fed should expect wages to rise with prices, rather than lead price gains.» Read More
WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.
NEW YORK, Oct 10- Small and midcapitalization stocks slipped on Wednesday, dragged down by the latest warnings from companies including Avnet Inc as U.S. third-quarter earnings reports got under way. The reporting period began with results from Dow component Alcoa after Tuesday's stock market close.
NEW ORLEANS-- Jonathan Vilma, Will Smith and the NFL players union left little doubt they remain determined to challenge Commissioner Roger Goodell's authority to suspend players in connection with the league's bounty investigation of the New Orleans Saints.
The Ohio Casino Control Commission reported Tuesday that combined wagers in September at casinos in Cleveland and Toledo were $331.8 million, down 5 percent from August's $349.6 million. Wagers dropped 9 percent in September at the Toledo casino to $152.9 million and dipped 1.5 percent in Cleveland to $178.7 million.
CLEVELAND-- Ferro Corp.' s shares plunged 23 percent Wednesday after the specialty chemical company lowered its guidance and said it is exploring the strategic options for its solar paste business. That is down from its prior forecast of 14 to 17 cents per share.
CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.
COLUMBUS, Ohio-- The $400 million Hollywood Casino Columbus opened Monday in Ohio's capital, welcoming hundreds of people who had waited on a chilly morning to be among the first placing bets at the table games and about 3,000 slot machines.
Oct 8- Gannett Co Inc said it reached a deal with Charles Ergen's Dish Network Corp on Monday avoiding a blackout that would have prevented some Dish customers in the United States from seeing content broadcast by networks ABC, NBC and CBS.
CLEVELAND-- Parker-Hannifin, which makes industrial hoses, airplane wheels and other products, says it has closed on the sale of the automotive air conditioning business of its mobile climate systems unit to Germany's ContiTech AG.
Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend by several hours their deadline to reach a deal over the satellite TV provider's commercial-skipping digital video recorder. Gannett had earlier set a midnight, Oct. 7 deadline for negotiations with Dish and said that an agreement was possible.
Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend their negotiation deadline by several hours to reach a deal over fees that involve the satellite TV provider's controversial digital video recorder. "In order to provide additional time to reach a deal, both sides have agreed to extend the deadline by several hours," Gannett said in a statement.
If you're like many Americans, your friends are texting their congratulations, sending you an e-card or clicking "Like" on your Facebook wall. The 25- year-old nanny from Kansas City, Mo., hears from friends largely through Facebook. " In consolidating its Kansas operations, Kansas City- based Hallmark plans to shed 300 jobs.
WASHINGTON-- The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office, a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign. It fell because a government survey of households found that 873,000 more people had jobs, the biggest jump since January 2003.
*Dish says Gannett wants it to shut down Hopper DVR. *Gannett source says it never asked Dish to disable Hopper. Oct 5- Gannett Co Inc and the Dish Network Corp are sparring over fees that could leave Dish customers blacked out from major networks on Sunday in a fight the No. 2 satellite TV provider said involves its controversial DVR, the Hopper.
CLEVELAND-- Parker Hannifin Corp. said Friday that it is buying Velcon Filters LLC from a private equity firm for an undisclosed price. Velcon, based in Colorado Springs, Colo., is owned by The Sterling Group LP and has approximately 300 employees globally.
Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
FAIRFAX, Va.-- President Barack Obama celebrated much-needed good economic news Friday as the unemployment rate dropped to its lowest level since he took office. " Republican rival Mitt Romney retorted the president still hasn't done enough to help millions of people who are out of work.
Oct 4- Dish Network Corp said the broadcasting arm of newspaper publisher Gannett Co Inc has threatened to withdraw broadcasting on the satellite TV provider if it does not block the commercial-skipping feature on its digital video recorders or agree to pay massive penalties.
Higher-end retailers like Bloomingdale's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, says Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.
"A guy like Romney should excite me," said Becker, 30, a Republican who manages real estate investments in Fairfield, a charming shoreline town on Connecticut's affluent "gold coast." That was before the 90- minute head-to-head matchup between Romney and President Barack Obama in Denver, their first of three debates before Election Day.