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Business News

US stocks fall while a break in gold fever sends metals prices plunging

NEW YORK (AP) — Financial markets churned on Friday as investors tried to figure out what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates. U.S. stocks fell, with the S&P 500 down 0.4% after sinking as much as 1.1% earlier in the day. The ...

Kimberly-Clark, Kenvue shareholders widely approve acquisition plan

Staff report Kimberly-Clark Corp. and Kenvue Inc. announced that the shareholders of both boards voted Thursday to approve Kimberly-Clark’s acquisition of the consumer health company. Based on preliminary voting results, approximately 96% of the shares present at Kimberly-Clark’s ...

Initial unemployment claims see slight bump

Staff report Ohioans filed 6,853 initial unemployment claims the week of Jan. 18-Jan. 24, the Ohio Department of Job and Family Services reported Thursday. That was 20 more than the previous week. Ohioans filed 65,361 continued unemployment claims last week, which was 870 fewer than the ...

Starbucks sees room to expand with hundreds of new US stores

NEW YORK (AP) — Starbucks said Thursday that it plans to open hundreds of new stores across the U.S. and add seating capacity at thousands of existing locations, doubling down on a strategy of emphasizing the company’s cafes as community hubs even as consumer demand for drive-thru coffee ...

AAA: Gas prices in area jump

Staff report Gas prices are 10 cents higher in Northeast Ohio this week at $2.898 per gallon, according to AAA East Central’s Gas Price Report released Monday. As winter weather grips much of the nation, the national average for a gallon of regular unleaded has gone up six cents over the ...

Farmers, WesBanco release earnings

Staff report Canfield-based Farmers National Banc Corp. touted its 2025 results in releasing its fourth quarter results Wednesday. Farmers reported net income of $14.6 million, or $0.39 per diluted share, for the fourth quarter of 2025 compared to $14.4 million, or $0.38 per diluted share, ...