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Akron and Northeast Ohio Business News
- Justice Department Joins Diebold Investigation
The U.S. Department of Justice will conduct an investigation alongside the Securities and Exchange Commission into accounting practices at ATM-maker Diebold Inc., the company announced Friday. - Nursing-Home Operator Manor Care Completes Buyout
The Carlyle Group completed its $6.3 billion buyout of Manor Care Inc., a nationwide nursing home chain, the company said Friday. - All Power Planned For Plant Spoken For
An Ohio utility has increased its stake in a planned coal-fired power plant in southern Illinois, ensuring that all the 1,600 megawatts of output from the $2.9 billion project now have been spoken for, the developer has announced. - Justice Dept. Joins Diebold Investigation
The U.S. Department of Justice will conduct an investigation alongside the Securities and Exchange Commission into accounting practices at ATM-maker Diebold Inc., the company announced Friday. - Weiss Appointed AP Chief In NC
Mitch Weiss, deputy business editor at The Charlotte Observer and a winner of the 2004 Pulitzer Prize for investigative reporting, has been named Associated Press correspondent in Charlotte. - New A. Schulman Inc. CEO Criticized
An A. Schulman Inc. shareholder is sharing his dissatisfaction about the company's newly appointed CEO. - Cleveland Clinic Plans Twinsburg Expansion
Cleveland Clinic announced plans this week to build a full-service family health and surgery center, including a 24-hour emergency department with a helipad and opportunity for future expansion. - KeyCorp To Post 4Q Loss, Eliminates Jobs
KeyCorp said Thursday that it expects to post a fourth quarter loss of up to 5 cents a share as the Midwest regional bank sets aside additional reserves for loan losses and eliminates 1,040 jobs. - Ford, UAW Settle Discrimination Lawsuit
Ford Motor Co., two related companies and the United Auto Workers will pay $1.6 million and provide other relief to settle a race-discrimination lawsuit, a federal agency said Thursday. - Huntington To Stay In Canton
Huntington National Bank will stay in Canton and not move its regional offices to the Belden Village area. - American Greetings 3Q Profits Down
American Greetings Corp. third quarter earnings fell nearly 42 percent on lower sales, the greeting cards maker reported Thursday. - Akron General, Global Business Accelerator Collaborate
Akron General's Office of Technology Transfer and the Akron Global Business Accelerator have signed a memorandum of understanding and cooperation aimed at supporting collaborative efforts related to the Biomedical Corridor Initiative.