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Business News

Dividend announcements

Staff report The board of directors of Kimberly-Clark Corporation declared a regular quarterly dividend of $1.28 per share. The dividend is payable in cash on July 2, to stockholders of record at the close of business on June 5. Kimberly-Clark has paid a dividend for 92 consecutive years ...

Manufacturing business in Valley makes acquisition

Staff report Ashore Manufacturing Group, headquartered in Berlin Center, has completed its acquisition of Concept-4, a precision machine shop focused on tool and die operations with deep roots in the Mahoning Valley. The transaction marks a new chapter for the business, with full retention ...

New state unemployment claims remain steady

Staff report Ohioans filed 4,717 initial unemployment claims last week, which was 341 more than the previous week. The Ohio Department of Job and Family Services said Ohioans filed 40,632 continued unemployment claims last week, which was 961 fewer than the previous week. The total number ...

Vallourec reports growth in North America division

Staff report The ongoing U.S.-Iran conflict has challenged, but not hampered, seamless tube producer Vallourec, the multinational company said Tuesday in its first quarter earnings report. Meanwhile, the company’s North American division is experiencing strong growth. Citing resilient ...

Senate confirms Warsh as next Fed chairman

WASHINGTON (AP) — The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most powerful central bank at a fraught moment for the global economy. Warsh, 56, a former top Fed official, was confirmed Wednesday ...

Iran war is hitting home as gasoline prices fuel inflation surge of 3.8%

WASHINGTON (AP) — U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans. The Labor Department’s consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% ...