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Business News

Middlefield Banc Corp. announces 15-cent dividend

MIDDLEFIELD — Middlefield Banc Corp., holding company for The Middlefield Banking Company, has announced a third-quarter cash dividend of 15 cents per common share. The dividend is payable Sept. 15 to shareholders of record on Sept. 4. The quarterly dividend has been adjusted to reflect the ...

Avalon Holdings loses $400,000 in second quarter

WARREN — Avalon Holdings Corporation recorded a net loss attributable to common shareholders of $400,000 for the second quarter of 2020 with net income of $500,000 for the same period, the company reported. Net operating revenue for the quarter was $13.1 million compared to $18.4 million ...

Casino revenue up in July

Revenue at Ohio’s four casinos hit an all-time high of $86 million in July, the first full month casinos were open following the state’s discontinued stay-at-home order amid the viral outbreak. Hollywood Casino Toledo led the record-setting amount. The site posted gaming revenue of $33 ...

Virus impacts wagering for racinos

Wagering on video lottery terminals at Ohio’s seven racinos was off a stunning $2.5 billion for the year, obviously due to shutdowns brought on the viral outbreak. However, betting started to rebound in July. The racinos operate on a year that runs July to June, so their new year, or fiscal ...

BRITE reveals partnership with TechGROWTH Ohio

WARREN — BRITE Energy Innovators will partner with TechGROWTH Ohio, a collaboration that will allow the downtown Warren tech startup incubator to support new energy entrepreneurs in the state. TechGROWTH, at Ohio University’s Voinovich School of Leadership and Public Affairs, connects ...

New screening site for Abdu breast care center

WARREN — Mercy Health and the Joanie Abdu Comprehensive Breast Care Center unveiled a 3D mammography screening site on Monday at Mercy Health’s Columbiana Imaging Center. The site on Royal Birkdale Road will be open 8 a.m. to 4:30 p.m. Mondays through Fridays. The center is able to screen ...

TCF completes integration with former Chemical Bank

WARREN — The final integration of Chemical Bank into Detroit-based TCF National Bank is complete, TCF announced Monday. The merger of equals in which legacy TCF Financial Corp. merged into Chemical Financial Corp. closed Aug. 1, 2019, and formed Michigan’s largest national bank holding ...

Northeast Ohio gas prices increase 4 cents over week

WARREN — The average price for gasoline across northeast Ohio is 4 cents more expensive this week at $2.08 per gallon, according to AAA East Central’s Gas Price Report. In the Warren-Youngstown area, the average per gallon price is $2.06 and in Niles, $2.07. For the region this week ...

Business briefs

BURGAN AGENTS RECOGNIZED BY OHIO REALTORS: For the third consecutive year, Burgan Real Estate led all real estate agencies affiliated with the Youngstown Columbiana Association of Realtors (YCAR) by having the most agents, 22, earning the distinguished President’s Sales Club Award for 2020. ...

Chamber Fly-In to go virtual hybrid this year

YOUNGSTOWN — The Youngstown Warren Regional Chamber’s annual Washington, D.C., Fly-In is changing this year to a virtual / in-person hybrid event due to the ongoing viral outbreak. The Sept. 17 event will take place at Stambaugh Auditorium with a maximum 50 people in a 500-person ...