×

Business News

Business briefs

YSU GRADS RECOGNIZED: Several local people were among 16 students in the Williamson College of Business Administration who received WCBA Senior Leadership Awards during Youngstown State University’s recent spring graduation. The award recognizes outstanding academic performance, leadership ...

YSU student keeps shoes fresh

AUSTINTOWN — Maeson Green suspected there was potential to grow a business in the sneakerhead and shoe fashion culture, even as a young teen. MBG Restoring LLC began small, as most good business ideas do, with a 15-year-old Green cleaning and restoring the worn out kicks of his ...

Lordstown Motors gets order for 900 pickups

LORDSTOWN — Lordstown Motors Corp. has a signed letter of intent from Westlake-based Momentum Groups to buy 900 battery-powered Endurance pickup trucks. Momentum Groups is a fleet management company that specializes in corporate vehicles, from ordering to disposal, including purchase or ...

Lordstown Motors gets pledge for 900 pickups

Staff report LORDSTOWN — Lordstown Motors Corp. has a signed letter of intent from Westlake-based Momentum Groups to buy 900 battery-powered Endurance pickup trucks. Momentum Groups is a fleet management company that specializes in corporate vehicles, from ordering to disposal, including ...

Sheely’s to open second furniture store in Aurora

Staff report NORTH LIMA — Sheely’s Furniture and Appliance is opening a second store, this one in Aurora, as it expands into the Cleveland market. A grand opening is scheduled for Sept. 7 to 19 at the new location, 18813 N. Marketplace Drive at the Shops at Marketplace. The location ...

Ohio jobless rate hits record high

COLUMBUS — Ohio’s unemployment rate hit 16.8 percent on Friday, the highest since the state’s current record-keeping system was developed almost 50 years ago. The figure comes after nine weeks of job losses following the decision to shut down much of Ohio’s economy to limit the ...

Port authority applies for $25 million grant

Click here to read Western Reserve Port Authority’s $25 million federal grant application The initiative to transform state Route 45 into a smart corridor has a funding request in the hands of the U.S. Department of Transportation. The Lordstown Smart Logistics Hub hopes to build on the ...

Old Dominion requests tax break for terminal

WARREN — Trumbull County commissioners are considering a request from Old Dominion Freight Line to abate a portion of property taxes on a new terminal the trucking company plans to build in Lordstown. If approved, which seems likely when commissioners consider the application possibly as ...

Levin trying to buy back furniture chain

The former owner of Levin Furniture has negotiated a deal in bankruptcy court to reacquire the brand, but it’s undetermined as of yet whether closed stores in Niles and in Boardman will reopen. Those decisions and on which other stores will reopen will be made when the deal closes in a few ...

Gasoline prices rise to near $2 per gallon

Staff report The average price for gasoline in the Youngstown-Warren and Niles areas is 8 cents higher this week to rest at $1.88 and $1.95 per gallon, respectively, according to AAA East Central’s Gas Price Report. In northeast Ohio, the price rose 6 cents to $1.91 per gallon. The ...