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Netflix posts higher Q2 results but shares drop due to forecast

Netflix said Thursday its second-quarter profit grew thanks to new membership signups and price increases, which “had gone well and as expected.” But the company’s shares declined sharply in after-hours trading as the video streaming company’s forecast for the current quarter fell below Wall Street’s expectations. Netflix earned $3.4 billion, or 80 cents per share, in the March-June period. That’s up 9% from $3.13 billion, or 72 cents per share, in the same period a year earlier. Revenue grew 13% to $12.56 billion from $11.08 billion. Analysts, on average, were ...

Leaders hear benefits of juvenile court programs

NORTH JACKSON — Mahoning County Juvenile Court Magistrate Gina DeGenova promoted some of the court’s services at the township trustees meeting Tuesday. The programs are designed to assist at-risk youth and their families. For example, the court’s Early Warning System is meant to improve school attendance for troubled youths. “Our Early Warning System department is where we have coordinators who come out to the schools to try to combat absenteeism before it gets to the point where there are juvenile court complaints filed,” DeGenova said. Another program offered by the ...

Hubbard council advances plans for dam removal

HUBBARD — Another step has been taken toward removing a dam in the community, partially as a result of a resolution approved by city council. At a council meeting earlier this month, city officials approved authorizing the city’s board of control to advertise for qualifications for design-build services associated with the Valley Mould Dam — suspending second and third readings and passing it as read. Its approval comes a month after Mayor Ben Kyle reported the Eastgate Regional Council of Governments had secured all funding necessary to remove the dam after talks that picked ...

Fed loan guarantees fail for SOBE rescue

YOUNGSTOWN — An effort failed to get loan guarantees from the U.S. Department of Energy to help downtown Youngstown businesses get off of SOBE Thermal Energy System LLC’s steam heat system, so an option with a local lending institution and the state treasurer is possible. Zach Prouty, ...

Woman deemed incompetent for trial in daughter’s death

AUSTINTOWN — The defense and prosecution agreed Wednesday that Laronda Mitchell is not competent to stand trial, so she will be taken to Heartland Behavioral Healthcare, a state mental hospital in Massillon, to attempt to restore her to competency to stand trial. Mitchell, 39, of South ...

America already tried permanent daylight saving time. It lasted less than a year. Could it work now?

NEW YORK (AP) — It’s an idea whose time, as it were, may have come — again. The twice-yearly changing of the clocks in the United States could be a thing of the past if legislation currently in Congress that calls for permanent daylight time makes it through. But even as annoying as some find the back-and-forth of the time shift in the spring and the fall, that doesn’t necessarily mean sticking to one would go over well. America has tried it before, most recently in the 1970s, and it didn’t last. Now it’s a new era, one full of people working at home who didn’t before ...