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Top News & Analysis Ohio

  • NEW YORK, Feb 24- U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. In Tuesday's speech, "the market wants to hear about concrete tax reform plans that have...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 602 rigs sought oil and 151 explored for natural gas this week. Alaska and Louisiana each lost two rigs and North Dakota declined by one. Arkansas, California, Colorado, Kansas, New Mexico, Ohio, Oklahoma, Pennsylvania, Utah and West Virginia were all unchanged.

  • DES MOINES, Iowa— Republican governors from seven states are calling for dramatic changes to Medicaid, which provides insurance to more than 70 million low-income Americans, as they nervously watch President Donald Trump and GOP congressional leaders move to repeal and replace the Obama-era health law. According to a draft of the proposal obtained by The...

  • CNBC Update: Trump speaks at CPAC in Maryland

    CNBC's Contessa Brewer reports the latest headlines including President Trump speaking at CPAC on tax reform.

  • CLEVELAND— A century-old power plant along Lake Erie in Cleveland has been demolished with 200 pounds of explosives that brought it crashing down in the middle of the night. The 306- foot smokestack and the boiler building of FirstEnergy's Lake Shore Power Plant were toppled early Friday using strategic blasts. A FirstEnergy spokeswoman tells WJW-TV it went...

  • CINCINNATI _ E.W. Scripps Co. on Friday reported fourth-quarter net income of $38.3 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. E.W. Scripps shares have risen slightly more than 9 percent since the beginning of the year.

  • COLUMBUS, Ohio _ Diamond Hill Investment Group Inc. on Thursday reported fourth-quarter earnings of $13.6 million. Diamond Hill Investment Group shares have dropped slightly more than 2 percent since the beginning of the year. Keywords: Diamond Hill Investment Group, Earnings Report.

  • Feb 23- U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States. At a meeting with about two dozen chief executives, Trump said he plans to bring millions of jobs back to the United States, without revealing a specific...

  • WASHINGTON— Former House Speaker John Boehner predicted on Thursday that a full repeal and replacement of "Obamacare" is "not going to happen." The Ohio Republican, who was forced out by conservatives in 2015, said he started laughing when he heard President Donald Trump and Republicans promise swift action on undoing and replacing the health law.

  • CINCINNATI _ Milacron Holdings Corp. on Thursday reported fourth-quarter earnings of $1.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Milacron Holdings shares have dropped 4 percent since the beginning of the year.

  • SOLON, Ohio _ Energy Focus Inc. on Thursday reported a fourth-quarter loss of $7.8 million, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share. Four analysts surveyed by Zacks expected $8.6 million.

  • GARFIELD HEIGHTS, Ohio _ Chart Industries Inc. on Thursday reported a loss of $3.3 million in its fourth quarter. Chart Industries expects full-year earnings in the range of 60 cents to $1 per share, with revenue in the range of $875 million to $925 million. Chart Industries shares have risen roughly 7 percent since the beginning of the year.

  • Caterpillar Inc, United Technologies Corp, Dana Inc, 3 M Co and General Electric Co, are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. Executives from the five companies are among a group of business leaders due to meet with Trump on Thursday to discuss how to help the president deliver on...

  • COLUMBUS, Ohio _ WP Glimcher Inc. on Wednesday reported a key measure of profitability in its fourth quarter. The Columbus, Ohio- based real estate investment trust said it had funds from operations of $106.9 million, or 48 cents per share, in the period. The company said it had net income of $25.4 million, or 14 cents per share.

  • COLUMBUS, Ohio _ L Brands Inc. on Wednesday reported fiscal fourth-quarter profit of $631.7 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.90 per share. Eleven analysts surveyed by Zacks expected $4.5 billion.

  • CINCINNATI _ Convergys Corp. on Wednesday reported fourth-quarter net income of $17.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Convergys shares have increased 2 percent since the beginning of the year.

  • Caterpillar Inc., United Technologies Corp., Dana Inc., 3 M Co., Timken Co. and General Electric Co., are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. The six firms are part of the Manufacturing Jobs Initiative, a White House advisory council created to help Trump deliver on his promise to...

  • WASHINGTON, Feb 22- U.S. home resales surged to a 10- year high in January as buyers shrugged off higher prices and mortgage rates, signaling rising confidence in the economy and bolstering expectations of a pickup in growth in the first quarter. The National Association of Realtors' report on Wednesday came as the labor market nears full employment and...

  • Caterpillar Inc., United Technologies Corp., Dana Inc., 3 M Co., Timken Co. and General Electric Co., are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. The six firms are part of the Manufacturing Jobs Initiative, a White House advisory council created to help Trump deliver on his promise to...

  • TOLEDO, Ohio _ Welltower Inc. on Wednesday reported a key measure of profitability in its fourth quarter, after reporting a loss in the same period a year earlier. The Toledo, Ohio- based real estate investment trust said it had funds from operations of $401.5 million, or $1.10 per share, in the period. The average estimate of 11 analysts surveyed by Zacks Investment...