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SOBE receiver optimistic about potential federal help

YOUNGSTOWN – Despite previous unsuccessful efforts to get government money, the receiver for the financially troubled downtown Youngstown steam heat utility said he is “optimistic” about help from the U.S. Department of Energy discussed by President Donald Trump. John C. Collins, ...

SOBE disconnects service to 2 downtown buildings

YOUNGSTOWN – SOBE Thermal Energy Systems LLC disconnected two of its downtown Youngstown customers for failing to pay their bills. SOBE shut off steam heat service to 22 Market Street Ohio LLC, which is developing the former Mahoning National Bank building, and FNB Youngstown LLC, which owns the First National Bank Building, also known as Central Tower. The two buildings were disconnected because of failure to pay their bills, which were more than 91 days delinquent as of an Oct. 2 court report filed by receiver John C. Collins and haven’t been paid as of Tuesday, said Michael ...

Oct. 14 agenda

LOWELLVILLE VILLAGE Finance Committee will meet at 5 p.m. today at the municipal building. The ordinance committee will meet at 6 p.m. to discuss a wastewater treatment plant position and some existing ordinances and enforcements. JACKSON-MILTON BOARD OF EDUCATION will meet at 6 p.m. today at the Nest at the elementary school building. AUSTINTOWN BOARD OF EDUCATION will meet at 5 p.m. Thursday for a work session at the board conference room and regular meeting at 6 p.m. at the middle school cafeteria. LOWELLVILLE VILLAGE COUNCIL will meet at 6:30 p.m. Friday at the municipal building.

Trump stumps for Husted, Ramaswamy in Youngstown

YOUNGSTOWN – In between saying gas prices were going to “drop like a rock,” and that he’d end the wars in Iran and between Ukraine and Russia, President Donald Trump urged Ohio voters to support U.S. Sen. Jon Husted and gubernatorial candidate Vivek Ramaswamy in this election. During ...

2 American economists win Nobel for work on managing economic shocks

STOCKHOLM (AP) — American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy crises and inflation. The Royal Swedish Academy of Sciences announced the winners in Stockholm, noting that their work created the theoretical foundation to better understand how consumers decide whether to save or spend, insights that make it easier for policymakers worldwide to stabilize economies after fluctuations. “The laureates’ research has ...

Boosting US oil supplies with Russian diesel unlikely to have much impact on prices, experts say

A new pact that calls for Russia to boost the U.S. supply of diesel over the next few months is unlikely to make a dent in painfully high prices at the pump or elsewhere, energy policy experts say. Energy policy experts expressed doubts that a boost in diesel supply from Russia will have a significant impact on oil prices, whether in the U.S. or globally. “It’s kind of shuffling deck chairs on the Titanic,” said Michael Lynch, distinguished fellow at Energy Policy Research Foundation. “If we get diesel from Russia, basically it means that their existing customers are not ...