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States reach $4.25M settlement with Menards

Staff report A home improvement retailer will amend its rebate advertising practices following a multistate agreement, Ohio Attorney General Dave Yost announced Thursday. An investigation by Ohio and nine other states resulted in a $4.25 million settlement with Menards, a Wisconsin-based home-improvement retailer, over allegations of deceptive rebate advertising. Menards also operates a store in Bazetta Township. In an email from Yost’s office, he said Menards’ advertising often gave shoppers the impression that they would get an immediate discount at the register, but the ...

Warner Bros recommends investors reject Paramount’s offer in favor of Netflix’s

NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company’s audiences. The Warner board said in a letter to shareholders on Wednesday that Paramount’s “inferior” offer carried “significant risks and costs,” in large part because it relies heavily on borrowed money — whereas the Netflix offer is backed by a company worth more than $400 billion. Warner, which owns the Warner Bros. Pictures ...

Retail sales unchanged in October, hurt in part by a decline in auto sales

NEW YORK (AP) — Sales at U.S. retailers and restaurants were unchanged in October from September as consumers moderated their spending amid worries about higher prices and other economic uncertainties after splurging over the summer. But a big factor dragging down the figure was a 1.6% drop in sales at motor vehicles and auto parts dealerships, hurt by the expiration of federal government subsidies that sliced demand for battery-powered electric cars. Excluding that category, retail sales rose 0.4%, the Commerce Department said Tuesday in a report delayed more than a month because of ...

Ford scraps fully-electric F-150 Lightning as demand falls for EVs

DETROIT (AP) — Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient gasoline-engines and hybrid EVs, the company said Monday. The Detroit automaker, which has poured billions of dollars into electrification along with most of its industry peers, said it will no longer make the F-150 Lightning electric pickup truck, instead opting for an extended range version of the vehicle. Ford will also introduce some manufacturing changes; its Tennessee Electric ...

Local company files suit over pattern design

A worldwide manufacturer and distributor of products to the hospitality industry, headquartered in downtown Youngstown, filed suit last week against a Mexican competitor, claiming copyright and trademark infringements. Steelite International U.S.A. Inc. is suing Anfora International, based in Hidalgo, Mexico, according to paperwork filed Dec. 8 in U.S. District Court, Northern District of Ohio, Youngstown. The company, which is seeking a jury trial, wants more than $75,000 in damages and other concessions. The dispute involves Steelite’s Paloma design, court paperwork said. With ...

Lawsuit: UPS ripped off seasonal workers with unfair practices

NEW YORK (AP) — UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks they never took, New York Attorney General Letitia James alleged in a lawsuit Monday. Filed in state court in Manhattan, the lawsuit accuses UPS of “repeatedly and persistently” failing to properly compensate driver helpers, who assist with deliveries, and seasonal support drivers, who use their own vehicles to make deliveries. ...