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Market Breathes New Life to Mahoning Avenue Corridor
Tuesday, February 08, 2005"By Dan O'BrienYOUNGSTOWN, Ohio -- Come spring, a heavily travelled corridor leading into the city should begin to see new signs of life.Santisi's Wholesale Foods is now operationg a walk-in delicatessen, produce and frozen foods shop along Mahoning Avenue. When the weather breaks, the company plans to convert its parking lot into an old-fashioned open air market."On Saturdays in Pittsburgh, people from all over go to the Strip District and shop," said Michael Santisi, president.
Five Cool Resources for Small Businesses in Hot Water
Tuesday, February 08, 2005"It doesn't take much to scald a small business: disputes that just can't seem to be resolved, Web site security breaches, on-the-job accidents that send insurance rates soaring. A number of issues can singe your business. When the heat is on, business owners need to know where to find help. And fast. Today, more than 26 million Americans operate small businesses, and millions more will start over the next five years. Nearly all of those entrepreneurs will find themselves in a sticky situation at one time or another.
Real Living Volpini No. 1 in Closed Sales Volume
Tuesday, February 08, 2005"POLAND, Ohio -- Real Living Volpini Realty Group was the No. 1 real estate company for closed sales volume in Mahoning County during the first week of February, according to Rick Volpini, owner. The agency reported$628,000 in closed sales.One year ago, he and Marisa Volpini decided to open their own real estate company, Volpini Realty Group on Western Reserve Road here. Two months later, Real Living Inc., the fifth-largest residential real estate firm in the United States, announced the launch of its newest Network Partner -- Real Living Volpini Realty Group.
Krispy Kreme to Cut Work Force by 25%
Tuesday, February 08, 2005"WINSTON-SALEM, N.C. -- Krispy Kreme Doughnuts Inc. will reduce the number of employees in its corporate, mix plant, equipment manufacturing, and distribution facilities by approximately 25%, officials announced late yesterday. It is estimated that these actions will result in annual pre-tax savings of approximately $7.4 million and a cash restructuring charge of approximately $600,000 in the first fiscal quarter.Krispy Kreme has a shop in Boardman, Ohio.In light of plummeting sales and a stock price drop of 74% over the past year, the company has been targeted by shareholder lawsuits.
Penn State Students to Manage $2M Investment Fund
Tuesday, February 08, 2005"UNIVERSITY PARK, Pa. -- Investors have placed more than $2.2 million into the hands of students at Penn State's Smeal College of Business.
Howard Hanna Represents Victory Hill
Tuesday, February 08, 2005"AUSTINTOWN, Ohio -- Howard Hanna Real Estate Services, Pittsburgh, yesterday announced Victory Hill, a new development of upscale homes in the township. A ground-breaking ceremony will be held on Feb. 15 to celebrate Austintown's newest community, according to a company news release.Victory Hill has been developed by Meander Homes and will be built by Bill Clipse, who has constructed new homes throughout Trumbull and Mahoning Counties, including Chapel Valley in Austintown.
Economic Confidence Among the Affluent Rises Sharply
Tuesday, February 08, 2005"CLEVELAND -- Economic confidence among affluent Americans regarding the overall state of the economy rose seven points this quarter, following a significant, 13-point decline last quarter during the 2004 election season -- according to the latest quarterly McDonald Financial Group Affluent Consumer Confidence Index results. This represents one of the largest quarter-to-quarter increases in two years.The overall score for the January Index was 55 out of 100 -- a seven-point (or 15%) increase since the last survey in October (48).
Century 21 Mill Creek Realty to Market Saybrook Pointe
Tuesday, February 08, 2005"CANFIELD, Ohio -- Century 21 Mill Creek Realty Group is teaming with Reed Family Builders in marketing Saybrook Pointe off Herbert Road in Canfield, according to Linda Kiraly, director of new construction sales at the real estate firm. Mill Creek Realty, she said, already represents Reed Family Builders on their custom home builds in Stonebridge in CanfieldSaybrook Pointe features 41 high-end custom villas situated amid lake-front surroundings.
Lt. Governor Stops in Youngstown to Promote Tax Reform
Tuesday, February 08, 2005"YOUNGSTOWN, Ohio --Lt. Gov. Bruce Johnson today toured M-7 Technologies as he detailed the need for tax reform in Ohio and Gov. Taft's plan to establish a tax system that promotes economic development. M-7 Technologies, established in 1995, develops solutions that extend lifespan of equipment used by heavy industries.
Editor & Publisher Covers Mayor's Ban of Business Journal
Tuesday, February 08, 2005"YOUNGSTOWN, Ohio -- The daily newspaper industry's top trade journal, Editor & Publisher, today reported on Youngstown's mayor banning city employees from talking to The Business Journal -- and connected the situation to the governor of Maryland banning state employees from talking to two reporters from The Baltimore Sun.Mayor George M.