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News

PUCO approves significant SOBE rate increase

Local News

SOBE Thermal Energy Systems LLC’s downtown Youngstown customers will see significant increases in the cost for steam heat — 93% for most to take effect shortly and then by 162% more by November. The Public Utilities Commission of Ohio voted 3-0 Wednesday in favor of the emergency rate ...

Chinese supercomputer displaces US machines as world’s fastest

Business News

A supercomputer in China now outranks its U.S. counterparts as the world’s most powerful, marking the first time since 2017 that a Chinese computer has topped a list sometimes viewed as a measure of a nation’s technological prowess. The LineShine computer in Shenzhen, China, displaced ...

Resolution reducing Trumbull property taxes by 2.5% passes

Local News

WARREN — The Trumbull County Commissioners unanimously passed a resolution Wednesday that will reduce the amount of taxes that county property owners will have to pay by 2.5%. In making the vote, the commissioners acknowledged the decision likely will not be popular with school leaders and ...

SOBE rate hikes ‘terrible for customers’

Local News

YOUNGSTOWN — A 93% rate increase for most of SOBE Thermal Energy Systems LLC’s downtown Youngstown will go into effect as soon as Monday. In a Thursday interview with The Vindicator, John C. Collins, SOBE’s receiver, and Michael Moran, his court-appointed attorney, said the rate ...

Central Tower gets tax credit

Local News

YOUNGSTOWN — The $21.66 million planned renovation project to Central Tower — Youngstown’s tallest building — received a $4.25 million state historic preservation tax credit to convert it into a mixed-use project with 64 apartments and office space. Federal tax credits also typically ...