Regional Business Digest

REGION

Business Connections accepting applications

WARREN — John Cesta, president of Business Connections of Warren, said applications are being accepted for new members for the professional networking group, which meets every Thursday at 7:30 a.m. at The Mocha House.

Business Connections consists of one person from each professional category who meet to help one another succeed. The group has 31 members, including those involved in business coaching, estate planning, auto service and plumbing.

For more information, call Bob Fowler at (330) 652-7865.

Adult center at TCTC to have an open house

CHAMPION —The Adult Training Center at the Trumbull Career Technical Center will hold an open house from 4 to 7 p.m. Tuesday.

Participants can tour the facility, speak with instructors and staff and learn about financial aid training grants. The school career counselor will be on hand to talk to participants and schedule appointments to test for interest and aptitudes.

NATION

More banks in trouble

WASHINGTON – Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead.

“I think it’s going to be months that we’re working our way through this period — clearly months,” he said.

Paulson said the number of troubled banks will increase as they struggle to cope with big losses on bad mortgages. The government this month took over IndyMac after a run led it to become the largest regulated thrift to fail.

“Of course the list is going to grow longer given the stresses we have in the marketplace, given the housing correction. But again, it’s a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation,” he said in broadcast interviews.

From Vindicator staff and wire reports