×

Business News

Study: Wealthy ramp up spending while other Americans tread water

WASHINGTON (AP) — Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than other consumers, according to new data released Tuesday, evidence of worsening inequality that may explain some of the growing pessimism about the ...

Uber found liable in sexual assault case and ordered to pay $8.5 million

The Associated Press A federal jury this week found Uber to be legally responsible in a 2023 case of sexual assault — ordering the rideshare giant to pay $8.5 million to a woman who said one of its drivers raped her during a trip using the platform. The verdict, reached Thursday in ...

‘X’ marks the spot for the Newton Falls treasure chase

Staff report There’s gold in them thar Falls. Don’t forget cash, silver and jewelry. Fieldview Acres Mercantile in downtown Newton Falls said it is taking a creative, communitywide approach to draw attention back to the town. Known locally as “The Merc,” the business announced a ...

Business briefs

7 17 PROMOTIONS: Warren-based 7 17 Credit Union has announced the following promotions. Bryan Klutzaritz has been named director of safety and security. Klutzaritz earned a bachelor’s degree in administration of justice from Penn State. In his new role, he will oversee the strategic ...

PepsiCo plans price cuts as demand slips

PURCHASE, NY (AP) — PepsiCo is cutting prices on Lay’s, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes. “For some consumers, low- and middle-income consumers, the biggest friction they have today in our category... is ...

Edmunds puts Nissan Sentra, Toyota Corolla to the test

There is a lot of talk about affordability in 2026, and it can certainly apply to new vehicles. Many of the latest SUVs and electric vehicles are simply too expensive for people. Buying used is an option, but that means you’ll lose out on getting a full warranty and, of course, that ...