Behind the numbers is a disconcerting brew of statistics that shows the jobs market is far from full health.» Read More
CHARLESTON, W.Va.— A company is planning a $1.75 billion project that includes laying 160 miles of natural gas pipeline in West Virginia and Ohio. Columbia Pipeline Group announced the investment in a news release Tuesday.
NEW YORK— Marvel Entertainment, which muscled into pop culture with comic books, TV cartoons and movies, is gambling on attracting new fans as it tackles 3- D— but forget the silly glasses. "We pushed ourselves so much on this project to do things that have never been done before," said producer Juliette Feld, who is a Feld Entertainment executive vice president. "
NEW YORK— When birds and planes collide, the results can be deadly. One Ohio airport is now experimenting with a new, gentler way to avoid bird strikes: planting tall prairie grass. The FAA estimates that such damage costs the industry $950 million a year.
CLEVELAND— A former longtime employee of Ohio's biggest health insurance company has been charged in federal court in Cleveland with embezzlement for diverting nearly $3 million in phony payments that he deposited into his own bank account. Joseph Satava, 69, of the Cleveland suburb of Sheffield Lake, was charged Monday.
Samuel Lightsey is a key government witness against his former boss, Peanut Corporation of America owner Stewart Parnell, and two others.
Last year, Wright Brothers USA of Dayton became the first business to license retail goods in the name of the Wright Brothers. The company is now using an international website to sell American-made bicycles, aviation jackets, sunglasses and more, according to the Dayton Daily News.
COLUMBUS, Ohio— Ohio gas prices are a few cents higher to start the work week. The average price for a gallon of regular gas was $3.50 in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. That's 3 cents higher than a week ago, but a penny less than this time last month.
CINCINNATI— Family members of a man fatally shot by police at a Wal-Mart say they believe store video will provide answers about what happened that day and vindicate him. Family attorney Michael Wright said that they haven't heard back from authorities or Wal-Mart about their requests for the video and other material.
WASHINGTON— One of five cities bidding for the Democratic National Convention, Philadelphia appears to hold an early edge with a track record of hosting the major gathering— not to mention that Hillary Rodham Clinton and Vice President Joe Biden have family ties to the state.
TOLEDO, Ohio— Scientists and farmers agree that phosphorus from agriculture runoff is feeding the blue-green algae blooms on Lake Erie linked to a toxin found in the drinking water of 400,000 people in Ohio and southeastern Michigan last week. The debate over the algae blooms that produce the toxins found in Toledo's water starts with what is causing them.
WASHINGTON, Aug 7- Fifth Third Bancorp Inc's mortgage unit will pay $1.52 million to settle U.S. government charges that it discriminated against some loan applicants by demanding letters from doctors to document income from Social Security disability insurance. Attorney Michael Moore in Macon, Georgia, said in a statement.
Duke also benefited from higher power prices after North Carolina, South Carolina and Florida approved its request to raise rates last year. The company sells power to 7.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.
NEW YORK, Aug 6- New England power generators need to lock into more natural gas pipeline capacity to avoid a supply squeeze and record prices seen last winter, Spectra Energy Corp's chief executive officer said on Wednesday.
NEW YORK, Aug 1- Global equities markets dropped for a fourth day on Friday, with Wall Street again slumping as investors shrugged off economic data showing solid improvement in U.S. labor markets. U.S. stock trading was dogged by worries about Argentina's debt problems.
NEW YORK, Aug 1- Global equities markets dropped for a fourth day on Friday, with Wall Street again slumping as investors shrugged off economic data showing solid improvement in U.S. labor markets. Confusion over Federal Reserve policy and ongoing tensions in Ukraine and Gaza were blamed for the U.S. sell-off.
NEW YORK, Aug 1- U.S. stocks tumbled in a volatile session on Friday, marking a second straight day of sharp declines as the latest economic data provided little clarity as to when the Federal Reserve might raise interest rates.
*Ohio refinery to undergo turnaround in 4 Q. Aug 1- PBF Energy Inc is taking some crude by rail at its Ohio refinery via a third party, but the company may build its own offloading facility there, Chief Executive Officer Tom Nimbley told analysts on Friday.
HOUSTON, July 31- Murky private rulings from the U.S. Commerce Department to a pair of companies allowing exports of a very light form of domestic oil with minimal processing confused many in the market over exactly what can be exported, Marathon Petroleum Corp Chief Executive Gary Heminger said on Thursday.
*Investors fret over Argentina default fallout. *Exxon, Whole Foods both fall after results. NEW YORK, July 31- U.S. stocks slumped in a broad decline on Thursday, with the S&P 500 falling below a key technical level and erasing its gains for the month as concerns mounted over the strength of overseas economies and ongoing tensions with Russia.
WASHINGTON, July 31- The biggest U.S. banks' borrowing cost advantage over smaller competitors appears to have been reduced or eliminated since the 2007-2009 financial meltdown but could return in a crisis, a U.S. government official said on Thursday.