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YSU Leads Ohio in Enrollment Growth Since 2000
Friday, October 22, 2004YOUNGSTOWN, Ohio -- The smiles are wide at Youngstown State University today after some number crunching determined that YSU leads the state in enrollment growth over the last four years.The number of students on campus has jumped 11.1% from fall 2000 to fall 2004, the largest increase among the main campuses of the state's 11 major public universities, according to an analysis by YSU of enrollment figures released by the Ohio Board of Regents.Kent State University's 10.7% growth rate is the second highest over the four years, YSU officials said, followed by Wright State University (10.3%), Oh
Farmers National Reports Small Dip in Income
Friday, October 22, 2004CANFIELD, Ohio -- To offset compression in net interest margin, Farmers National Banc Corp (OTCBB: FMNB), holding company for the Farmers National Bank of Canfield, is looking to increase non-interest income, the company said today.For the three months ended Sept. 30, Farmers National Banc Corp. reported net income of $2.415 million, or 19 cents per share, compared to $2.442 million, or 19 cents per share for the third quarter of 2003, the company reported.Net income for the nine months ending Sept. 30 was $7.047 million, compared to $7.071 million reported for the 2003 period.
Political Groups Raise $391 Million for 2004 Election
Thursday, October 21, 2004By Derek WillisCenter for Public IntegrityWASHINGTON -- Political organizations known as "527 committees" have raised a record $391 million during the 2003-2004 election cycle, according to a Center for Public Integrity analysis of filings with the Internal Revenue Service. Just under half of the money -- $175 million -- went to 28 of the independent groups formed either to elect or to defeat President George W. Bush, the center found. Groups involved in all federal elections -- the presidential race plus House and Senate contests -- have raised more than $233 million.
Prokop Ordered to Pay $5.18 Million for Pay Phone Scheme
Thursday, October 21, 2004By Andrea WoodYOUNGSTOWN, Ohio -- High-profile insurance agent John Prokop isn't talking, and neither is his lawyer. But the attorney who won $5.18 million in damages for the 53 Mahoning Valley residents who bought fraudulent investments that Prokop promoted is talking -- and he's angry."John Prokop jeopardized people's lives, their existence and their health for $10 million in sales of pay phones from which he pocketed commissions of more than $1 million," fumed Joel A. Goodman, a partner in Goodman & Nekvasil, Clearwater, Fla.
Pay Your Parking Ticket, Subsidize Job Creation"
Thursday, October 21, 2004By Dan O'BrienYOUNGSTOWN, Ohio -- City officials are looking to revenue from parking tickets, traffic violations and court fees to expand a loan program designed to entice new businesses to the city and assist existing companies looking to expand.Legislation is being prepared that calls for the city to use non-tax revenue -- that is, money raised by such means as parking receipts, court fees and traffic violations -- as a funding source for the float loan program, said David Bozanich, city finance director, at last night's meeting of council's finance committee."This is a great incentive to br
Cobalt Production Moves Ahead Slowly, But Surely "
Thursday, October 21, 2004By Dan O'BrienLORDSTOWN, Ohio -- General Motors Corp.'s Lordstown complex is producing new Chevrolet Cobalts at a rate of about 200 a day, but don't expect to see the vehicles in showrooms anytime before November."We're going to hold them at Lordstown until we've determined they're ready to go to dealers," said Tom Mock, GM Lordstown spokesman. Mock stressed General Motors is focused on manufacturing high-quality cars, and Cobalt is still in the early stages of its launch. "It's a brand new process. The jobs are different, new tooling has been put in -- there's a whole new way of doing this.
Salem Senior Housing Project Gets $5.7 Million State Loan
Thursday, October 21, 2004COLUMBUS, Ohio -- A $5.7 million rental housing project in Salem will receive a 10-year loan from the Ohio Housing Finance Agency, state officials announced yesterday. Salem Senior Housing LLC will receive a $1 million equity bridge loan at a 2% interest rate to construct Salem Senior Housing. Seven one-story buildings will be constructed for a total of 48 two-bedroom units. All units will be affordable to those aged 55 and older. Twenty percent of the units will be reserved for those with sensory and mobility impairment.
Kerry Hunts for Votes, Bags Goose in Molnar's Cornfield"
Thursday, October 21, 2004YOUNGSTOWN, Ohio -- After watching his beloved Red Sox upset the New York Yankees last night to win the American League Championship Series, John Kerry was "still giddy," he said."It's hard to focus," he told reporters as he emerged from a cornfield on the Springfield Township farm of Rick and Jill Molnar where he went hunting this morning for Canada geese.Even so, the Democratic presidential candidate's aim was sharp -- he bagged a Canada goose with just one shot when a flock flew overhead about 7:30 a.m.
F.N.B. Reports Third Quarter Income of $14.7 Million
Thursday, October 21, 2004HERMITAGE, Pa. -- Revenue growth and good credit quality enabled F.N.B. Corporation (NYSE:FNB) to report third-quarter net income of $14.7 million or $.31 per share. This compares to net income of $15.1 million, or $.32 per share, for the second quarter and a net loss from continuing operations of $7.8 million, or $.17 per share, for third quarter 2003, the company said Wednesday.
Voters Inundated with Avalanche of Misinformation
Thursday, October 21, 2004WASHINGTON -- With election day approaching the tempo of ads is increasing, but not the level of factual accuracy, reports the Fact Check Project sponsored by the University of Pennsylvania's Annenberg Center for Public Policy.For instance, a Republican party ad twists a Kerry quote about terrorism. A Kerry ad implies middle-income taxpayers are paying more taxes than "the wealthiest," which isn't true. A Bush ad repeats a baseless claim that Kerry's health plan will wrench medical decisions away from doctors and patients.