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Business News

Kimberly-Clark considering building new distribution center

WARREN — Although the company has not completed construction of its first building, Kimberly-Clark Corp. representatives are laying the groundwork needed for a new enterprise zone agreement to place a warehouse on its property. “They are looking to receive a 60% tax abatement for 10 ...

Sharp disagreements over economy threaten interest rate cut

WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat. In several speeches in ...

North American operations lead Vallourec earnings report

Staff report Vallourec’s North American operations highlight the multinational company’s spreadsheet, the French-based specialty steel business said last week as part of its third quarter earnings report. Its third-quarter revenue from tube sales totalled $389.5 million. The figure ...

Career fair, open interviews at Meridian HealthCare

Meridian HealthCare will present an on-site career fair and open interviews 4 to 6 p.m. Thursday at its Meridian Road Campus, 527 N. Meridian Road, Youngstown. Meridian HealthCare’s recent designation as a federally qualified health center look-alike facility has fueled an increasing demand ...

Walmart CEO announces his surprise retirement at age 59

NEW YORK (AP) — Walmart CEO Doug McMillon, who turned America’s largest retailer into a tech-powered giant and spearheaded a period of robust sales growth since becoming chief executive in 2014, plans to retire early next year, the company said Friday in a surprise announcement. John ...

Online gambling exists everywhere … so are the risks

NEW YORK — Online betting is more accessible than ever, with 14% of U.S. adults saying they bet on professional or college sports online either frequently or occasionally, according to a February poll by The Associated Press-NORC Center for Public Affairs Research. It’s also in the news, ...