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Tomorrow's Workers: Older, Heavier and Unable to Retire"
Wednesday, April 21, 2004PHILADELPHIA -- Tomorrow's workers will be older, heavier and unable to retire, says Mark Marsters, senior vice president of Cigna Disability Management Solutions. Health care costs, the aging work force, and the economy are three of the main suspects that will conspire to shock the health and disability industry."Health care will continue to drive costs, a problem that will become even more urgent with the aging work force," he said at a recent conference in Orlando, Fla. "The aging work force will drive greater incidences of disability.
Net Income at Sky Financial Group Climbs 62.7%
Wednesday, April 21, 2004BOWLING GREEN, Ohio -- Sky Financial Group Inc. today reported first quarter net income of $58.7 million, up 62.7% compared with $36.1 million for the first quarter last year.
TV Viewers Watching More Morning News Shows
Wednesday, April 21, 2004MUNCIE, Ind. -- Morning television news programs are growing more popular with viewers, possibly signaling the end to the dominance of early evening newscasts, says a new study from Ball State University.Researchers from Ball State's Center for Media Design discovered that people watched more news from 6 to 10 a.m. than any other part of the day. "These findings suggest a major shift from just a few decades ago when the evening news programs drew the majority of viewers," says Robert Papper, co-author of the Middletown Media Studies, a major examination of media use.
First Place Financial Nets $3.79 Million for Third Quarter
Wednesday, April 21, 2004WARREN, Ohio -- First Place Financial Corp. reports net income for the third fiscal 2004 quarter of $3.79 million compared to $4.41 million reported for the third quarter of fiscal 2003. Net income for the first nine months of fiscal 2004 was $12.63 million compared to $11.73 million reported for the same period last year, an increase of 7.6%.Diluted earnings per share for the third quarter were 30 cents compared to 34 cents reported last year. On a year- to-date basis, the company achieved a 10% increase in diluted earnings per share to 99 cents for the prior period.
Phi Kappa Phi Says Yes to Slippery Rock
Wednesday, April 21, 2004SLIPPERY ROCK, Pa. -- Phi Kappa Phi, the nation's oldest and most selective all-discipline collegiate honor society, recently extended an invitation of membership to Slippery Rock University following a yearlong evaluation. SRU accepted and will initiate a chapter in the fall.Phi Kappa Phi, founded in 1897, has chapters at 300 universities.Election to membership adds prestige and gives students and job-seekers a distinct advantage, according to humanities Dean Dr. William McKinney, who petitioned Phi Kappa Phi for inclusion.
Ryan Seeks $250,000 for 'Heritage Area' Study"
Wednesday, April 21, 2004By Dan O'BrienYOUNGSTOWN -- U.S. Rep. Timothy Ryan, D-17th Ohio, wants northeast Ohio to learn more about and promote its past as part of an effort to inspire the region's leaders of tomorrow. That's the rationale behind The Western Reserve Study Act, a bill Ryan introduced last October and detailed for reporters at a press conference yesterday. The bill would secure $250,000 for a feasibility study geared toward designating the Connecticut Western Reserve a National Heritage Area.
Faculty, Management Support is Greatest Challenge of Distance Learning"
Wednesday, April 21, 2004BOSTON -- Obtaining management and faculty support is the greatest challenge in coordinating and conducting distance learning at their schools, say nearly 60% of senior university administrative officials.
North Lima, Lowellville Branch Libraries Closing"
Wednesday, April 21, 2004YOUNGSTOWN, Ohio -- The Lowellville and North Lima branch libraries of the Public Library of Youngstown and Mahoning County system will close their doors at the end of April, officials reported today. The last day of service at the Lowellville branch will be April 28 and at the North Lima branch April 29.Notices of closings will be posted at these branches beginning today, and patrons are encouraged to use other libraries after those closing dates.
Greenspan Reports on State of the Banking Industry
Wednesday, April 21, 2004WASHINGTON -- Alan Greenspan, the chairman of the Federal Reserve, outlined the state of the banking industry in an appearance yesterday before the U.S. Senate Committee on Banking, Housing and Urban Affairs. Here is the full text of Greenspan's opening statement:Chairman Shelby, Senator Sarbanes, and members of the committee, I am pleased to be here this morning to discuss the condition of the U.S. banking system and various related matters.