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Journal Opinion
Friday, April 30, 2004YSU Is City's Center of WellnessTweak the most famous utterance of a former General Motors Corp. president, Charles Wilson, and you begin to have a feel for how important Youngstown State University is to this region and its future."What's good for the country is good for General Motors," Wilson told U.S.
"Profitable UCFC Ready for More Growth, Shareholders Told"
Thursday, April 29, 2004"BOARDMAN, Ohio -- Since United Community Financial Corp. was formed in July 1998, shareholders who participated in its initial public offering have enjoyed a 411% compounded return on their investment, including a 35% rate of return in 2003, its treasurer and chief financial officer, Patrick A. Kelly, said yesterday.Since its birth nearly six years ago, UCFC, based in Youngstown, has returned to shareholders more than $81 million in dividends and stock appreciation, Douglas M.
"CIC OK's Bids to Advertise for Bond Counsel, Underwriters"
Thursday, April 29, 2004"YOUNGSTOWN, Ohio -- The executive committee of Youngstown Central Area Community Improvement Corp. approved seeking bids from bond underwriters and bond counsel Thursday. Such bids are needed as the CIC oversees building the state 7th District Court of Appeals courthouse on West Federal Street.The underwriter would advise potential buyers of the $3 million in bonds that Mahoning County would issue and repay over 30 years, Edwin Romero, CIC general counsel explained, and answer any questions they might pose.
"Second Bancorp Retains Customers, Earnings Potential, Company Reports"
Thursday, April 29, 2004"WARREN, Ohio -- As Second Bancorp Inc. prepares for its merger June 30 with Sky Financial Group of Bowling Green, the bank holding company's newly released first quarter results show it is delivering the "bargained-for customer base and accompanying earnings potential," according to its chief executive officer, R.L. Blossom."Among the many challenges Second Bancorp and Second National Bank face as we move toward completion of the merger are customer retention and continuing business development," Blossom said.
"McCain Blasts Sinclair, Broadcast Group Responds"
Thursday, April 29, 2004"YOUNGSTOWN, Ohio -- U.S. Sen. John McCain (R-Ariz.) today blasted Sinclair Broadcast Group for its decision not to air tonight's broadcast of ABC's "Nightline" (READ STORY).McCain expressed his outrage in a letter to Sinclair's president and chief executive officer, David Smith. Smith quickly responded to McCain, also in a letter.The contents of both letters were released to reporters.What follows is the full text of McCain's letter then the full text of Smith's response.Dear Mr.
Southside Development Corp. Offers Low-Rent Lease for Mahoning County Department
Thursday, April 29, 2004By Dan O'BrienYOUNGSTOWN, Ohio -- Representatives of the Southside Community Development Corp.
Commission Calls for Ohio to Make Strategic Investments in Higher Ed
Thursday, April 29, 2004COLUMBUS, Ohio --The Ohio Commission on Higher Education and the Economy today provided Gov. Bob Taft with a blueprint for the state's collection of colleges and universities to transform Ohio's economy.The commission, established by Taft to recommend ways to maximum return on the state's investment in higher education, concluded Ohio must provide more Ohioans with advanced education and training, and invest in college- and university-based research to create more jobs.
Beware Rising Oil, Natural Gas Prices"
Thursday, April 29, 2004WASHINGTON -- The rising price of crude oil and natural gas does not bode well for the U.S. economy, said Alan Greenspan, chairman of the Federal Reserve, in his remarks this week before the Center for Strategic & International .Here is the full text of Greenspan's remarks:The dramatic rise in six-year forward futures prices for crude oil and natural gas over the past few years has received relatively little attention for an economic event that can significantly affect the long-term path of the U.S. economy.
Lyle Printing Tackles Problems of Wasted Ink, Wasted Time"
Thursday, April 29, 2004From Our Print EditionBy Elise McKeownSalem, Ohio -- Publishers are painfully aware of how expensive waste is -- materials and time -- waste that can't be avoided as they print newspapers, magazines and circulars. As the price of newsprint seems to go only up, and as readers would rather read publications in color, not black and white, the only way to cut costs is to reduce waste.