As many as 11 other states and Washington, D.C., are expected to consider increases in 2014. USA Today reports.» Read More
AVON LAKE, Ohio-- Ford Motor Co. is announcing that it will build its Ford F-650 and F-750 trucks at its assembly plant west of Cleveland. The automaker says it is shifting production from Mexico to its Avon Lake plant. The move announced Friday is part of a pledge Ford made with union leaders in 2011 to shift medium-duty truck production from Mexico.
On Friday Cliffs said that it offered Casablanca the opportunity to appoint two independent directors to its 11- member board and a third mutually agreed-on board member to be named in the future. Cliffs said it tried to reach a settlement with Casablanca in order to avoid a "costly and distracting" proxy contest.
COLUMBUS, Ohio-- Big Lots' fourth-quarter net income declined 30 percent, hurt by one less week in the period and declining sales. Big Lots Inc. earned $84.4 million, or $1.45 per share, for the period ended Feb. 1.
DETROIT-- An annual festival headlined by the rap-metal group Insane Clown Posse will be held in Ohio this year. The Detroit- based duo was looking for a new venue for its Gathering of the Juggalos event after sites in Missouri and Illinois fell through.
CINCINNATI-- Deep-sea explorers can now recover the remaining gold from a ship that sank off the South Carolina coast in 1857 and more recently has been embroiled in legal fights involving a fugitive treasure hunter, an Ohio judge has ruled in a court order obtained by The Associated Press on Thursday.
WASHINGTON, March 7- U.S. hiring likely picked up enough in February to keep the Federal Reserve on track in reducing its monetary stimulus. "Without adverse weather we could have ended with something above 200,000," said Harm Bandholz, chief U.S. economist at UniCredit Research in New York.
*Staples, Costco shares down after results, weigh on Nasdaq. NEW YORK, March 6- U.S. stocks mostly rose on Thursday, with the S&P 500 hitting a record after better-than-expected jobless claims data ahead of Friday's all important nonfarm payrolls report.
*Costco, Staples shares slide after results. *Obama to Congress: Back IMF capacity to lend to Ukraine. Crimea's parliament voted on Thursday to join Russia and its Moscow- backed government set a referendum for March 16 on the decision, in an escalation of the crisis between Russia and the West over the Ukrainian Black Sea peninsula.
March 6- Kroger Co, the biggest U.S. supermarket operator, forecast a higher-than-expected full-year profit as it benefits from the acquisition of southeast-focused grocer Harris Teeter.
PHOENIX-- Abortion providers said Wednesday that they have sued the state of Arizona to try to block new state rules limiting the use of the most common abortion drugs. The rules released in January by the Arizona Department of Health Services are set to take effect April 1.
WASHINGTON, March 5- Severe weather across much of the United States took a toll on shopping and consumer spending in recent weeks, leading to slower economic growth or outright contraction in some areas of the country, the Federal Reserve said on Wednesday. Growth slowed in Chicago and activity was stable in Kansas City.
March 5- USEC Inc filed for bankruptcy after struggling with weak prices for the enriched uranium it supplies to nuclear power plants and difficulties in financing a major project. USEC has also been hit by delays in securing funding for its American Centrifuge Project in Ohio.
WASHINGTON, March 4- The eastern and central United States were plunged into a deep freeze on Tuesday, with record low temperatures in the wake of a deadly storm expected to moderate in coming days. Baltimore; Scranton, Pennsylvania; Morgantown, West Virginia; Zanesville, Ohio; and Flint, Michigan all set or tied record lows.
WASHINGTON, March 4- Supporters of U.S. energy exports have pounced on the crisis in Ukraine to press their case for faster approvals of liquid natural gas projects and for an end to a decades-long ban on exports of most U.S. crude oil.
WASHINGTON, March 3- Supporters of U.S. energy exports have pounced on the crisis in Ukraine to press their case for faster approvals of liquid natural gas projects and for an end to the decades-long ban on exports of most U.S. crude oil.
Feb 28- Figuring out how to split childcare costs when you're divorcing is not easy, but it can be like remedial math compared to deciding who pays what for your children's college education. It's best to detail everything from the start, says Jonathan Marks, a divorce attorney in St. Louis.
WASHINGTON, March 3- The U.S. Supreme Court agreed on Monday to hear an appeal filed by Omnicare Inc., the leading U.S. provider of pharmacy services to the elderly, in a securities class action case filed by investors who say the company made untrue statements prior to a public offering. Omnicare paid just under $150 million to settle the whistleblower claims.
COLUMBUS, Ohio-- A former Ohio resident accused of buying $30,000 watches and cars costing more than $100,000 as part of a money laundering scheme that robbed a man of $10 million pleaded guilty Thursday to federal fraud charges.
TRAVERSE CITY, Mich.-- Sharp cutbacks in phosphorus runoff into Lake Erie are needed to counter a worsening problem of algae blooms that degrade water quality, harm fish and chase away tourists, a U.S.-Canadian agency said in a report to both governments Thursday.
Stripping out impairment charges and other items, earnings were 11 cents per share, or 2 cents better than analyst projections, according to a poll by FactSet. Revenue fell 6 percent to $592.4 million from $629.9 million, short of Wall Street's forecast of $593.4 million.