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Business News

Time for a gut check

NEW YORK — Almost everything in your 401(k) should be coming up a winner now. That makes it time for a gut check. Not only is the U.S. stock market setting records, so are foreign stocks. Bond funds, which are supposed to be the boring and safe part of any portfolio, are also doing well ...

Business briefs

ON BOARD: Ely Vuksanovich, a junior at Youngstown State University, has joined Trumbull Foundry and Alloy as a mechanical engineering technology intern, where she is already contributing to key manufacturing projects and hands-on process improvements. Born and raised in the Youngstown area, ...

New BMW X3 slightly bests Mercedes-Benz GLC

Compact luxury crossovers are ideal if you’re seeking a compelling blend of utility and style without having to pay full-size luxury SUV pricing. The BMW X3 has been a front-runner since the original model’s introduction in 2003, but it continues to face stiff competition from the ...

Developer proposes $3.6B data center in Lordstown

A developer of artificial intelligence data centers wants to build a $3.6 billion, 1.65 million square-foot campus in Lordstown. Bristolville 25 Developer LLC of New York, New York, sees the project as beneficial and transformative. Local officials echo that view. However, a potential ban ...

Ultium axes 550 jobs; 850 to be temporarily laid off

Staff, wire report General Motors is laying off about 1,700 workers across manufacturing sites in Lordstown and Michigan as the auto giant adjusts to slowing demand for electric vehicles. The Detroit News first reported the cuts Wednesday — covering about 1,200 jobs at an all-electric ...