Economy & You - 13abc.com Toledo (OH) News, Weather and Sports

  • Economy

  • Thursday, May 16 2013 8:58 AM EDT2013-05-16 12:58:03 GMT
    WASHINGTON (AP) - The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year
    The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.

  • Tuesday, May 14 2013 6:03 PM EDT2013-05-14 22:03:56 GMT
    A small town in Williams County is fighting for economic survival. With a plant closure looming, auto supplier workers in the Village of Edon rallied on Tuesday to save their jobs. Edon is a small town.
    With a plant closure looming, a small town in Williams County is fighting for economic survival.

  • Monday, May 13 2013 5:52 PM EDT2013-05-13 21:52:35 GMT
    Two weeks ago the historic Ohio Theater reopened its' doors. The restoration project is one piece in a larger plan to revive the struggling Old North End neighborhood.Terry Glazer is the CEO of United
    Two weeks ago the historic Ohio Theater reopened its' doors. The restoration project is one piece in a larger plan to revive the struggling Old North End neighborhood.

  • Monday, May 13 2013 5:34 PM EDT2013-05-13 21:34:13 GMT
    A huge boost to Northwest Ohio's economy will be a big help to the auto industry. The PRO-TEC Coating Company has invested hundreds of millions and created dozens of new jobs in Putnam County. They are
    PRO-TEC Coating is investing $400 million in a Leipsic plant and creating dozens of jobs.

  • Monday, May 13 2013 5:17 PM EDT2013-05-13 21:17:41 GMT
    Local contractors do not think they're winning enough work from the City of Toledo and one mayoral candidate agrees. Councilman Joe McNamara (D-Toledo) wants to help local businesses by changing the city's
    City Councilman wants to help local businesses win Toledo city contracts by increasing the dollar percentage local businesses can overbid and still win the contract.

  • Monday, May 13 2013 3:05 PM EDT2013-05-13 19:05:24 GMT
    The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money - a financial meltdown that could mean no paychecks for workers, no pension
    A report filed by Detroit's new city manager says the city broke and at risk of running out of money.

  • Sunday, May 12 2013 5:23 PM EDT2013-05-12 21:23:10 GMT
    MONROE, Mich. (AP) - La-Z-Boy Inc. has announced plans to start work in June on a new $57 million world headquarters in Monroe. The Monroe Evening News reports that the Monroe-based company will get Michigan
    La-Z-Boy Inc. has announced plans to start work in June on a new $57 million world headquarters in Monroe.

  • Sunday, May 12 2013 4:59 PM EDT2013-05-12 20:59:33 GMT
    If you're looking for a work in Seneca County, Tiffin University is hosting a job fair on Monday.More than 50 companies are looking to fill 300 positions.The fair runs from 1 to 4:30 p.m. Monday afternoon
    If you're looking for a work in Seneca County, Tiffin University is hosting a job fair on Monday. More than 50 companies are looking to fill 300 positions.

  • Saturday, May 11 2013 12:01 PM EDT2013-05-11 16:01:19 GMT
    DETROIT (AP) - Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup. The recall affects 2005 to 2010 Grand Cherokees and 2006 to 2010 Commanders. U.S.
     
    Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup. The recall affects 2005 to 2010 Grand Cherokees and 2006 to 2010 Commanders.



     

  • Friday, May 10 2013 6:10 PM EDT2013-05-10 22:10:59 GMT
    The City of Toledo will hold a teen job fair Saturday, May 11, 2013. Teens and young adults ages 16 to 21 willg et a chance to meet with and apply with a number of potential employers. The fair runs from
    The City of Toledo will hold a teen job fair Saturday, May 11, 2013. Teens and young adults ages 16 to 21 will get a chance to meet with and apply with a number of potential employers.

  • The number of Americans who applied for unemployment benefits fell by 4,000 last week to a seasonally adjusted 323,000, a five-year low. Layoffs have returned to pre-recession levels, a trend that could lead to more...
    The number of Americans who applied for unemployment benefits fell by 4,000 last week to a seasonally adjusted 323,000, a five-year low. Layoffs have returned to pre-recession levels, a trend that could lead to more hiring.

  • Wednesday, May 8 2013 2:22 PM EDT2013-05-08 18:22:16 GMT
    Perrysburg voters approved a new transportation levy.  Now the city will now have bus service after opting out of TARTA, last September. Very soon, the streets of Perrysburg will see a new shuttle service.
    Perrysburg voters approve levy to fund a Dial-a-Ride bus service.

  • Wednesday, May 8 2013 2:03 PM EDT2013-05-08 18:03:24 GMT
    Voters have rejected a proposal to ban hydraulic fracturing in a northeast Ohio city where disposal of wastewater from the drilling method led to earthquakes and alleged groundwater contamination.    Unofficial
    Youngstown voters have rejected a plan to ban hydraulic fracturing.

  • Wednesday, May 8 2013 1:53 PM EDT2013-05-08 17:53:54 GMT
    Ohio Gov. John Kasich (KAY'-sik) says he hasn't given up hope that the Legislature will expand the Medicaid program under the federal health care law.    The Republican governor told reporters Wednesday
    Ohio Governor John Kasich still hopes Republican- led legislature will approve Medicaid expansion in the state.

  • Tuesday, May 7 2013 5:38 PM EDT2013-05-07 21:38:46 GMT
    Colorado did it; so did Washington State.  Now Ohio is considering legalizing marijuana.  It is a controversial measure but the decision could be left up to voters. State Representative Robert Hagan
    State Representative from Youngstown pushing bill to legalize pot in Ohio.

  • Tuesday, May 7 2013 2:58 PM EDT2013-05-07 18:58:58 GMT
    All four of Ohio's casinos saw dips in April revenues compared to their March numbers.    A report released Tuesday by the Ohio Casino Control Commission shows Cleveland drawing in the highest revenue
    All four Ohio casinos saw revenues dip in April.

  • Tuesday, May 7 2013 2:35 PM EDT2013-05-07 18:35:16 GMT
    Tuesday morning Chrysler opened up online job applications. The plant is gearing up to build the new Jeep Cherokee which means a second shift and about 1,100 new workers. The company did not say how
    Chrysler opened up a job applications website positions in Toledo. The company is hiring workers for a second shift. In less than one hour enough applications were received and the application window was closed.

  • Tuesday, May 7 2013 9:22 AM EDT2013-05-07 13:22:56 GMT
    You'll have a chance Tuesday morning to apply for work at the Toledo Assembly Complex. The plant is gearing up to build the new Jeep Cherokee which means a second shift and about 1,100 new workers. Chrysler
    Chrysler will hire more workers for the Toledo Assembly Complex.

  • Monday, May 6 2013 6:29 PM EDT2013-05-06 22:29:02 GMT
    Toledo Assembly Complex is doing another round of hiring. While most of the positions to help build the new Jeep Cherokee have been filled, Chrysler still needs to hire a few more workers. The window
    Toledo Assembly Complex is doing another round of hiring. While most of the positions to help build the new Jeep Cherokee have been filled, Chrysler still needs to hire a few more workers.

  • Monday, May 6 2013 5:44 PM EDT2013-05-06 21:44:04 GMT
    Sometimes, companies have to layoff workers to save money and to save the business.But a bill working its way through the Ohio state legislature could help companies save money and still keep workers on
    A bill working its way through the Ohio legislature would help companies considering layoffs by letting them cut hours instead of workers then using the unemployment system to make up the gap in hours lost.

  • Monday, May 6 2013 1:50 PM EDT2013-05-06 17:50:17 GMT
    Ohio motorists are paying more for gas this week.    A gallon of regular gas in Ohio was listed at an average of about $3.68 in Monday's survey from auto club AAA, the Oil Price Information Service and
    Gas prices rise in Ohio to average of $3.68 per gallon.

  • Sunday, May 5 2013 4:42 PM EDT2013-05-05 20:42:31 GMT
    The White House says President Barack Obama's trip to Austin, Texas, on Thursday will kick off a series of day trips aimed at highlighting his proposals on jobs and the economy.    While in Texas, Obama
    The White House says President Barack Obama's trip to Austin, Texas, on Thursday will kick off a series of day trips aimed at highlighting his proposals on jobs and the economy.   

  • Sunday, May 5 2013 4:41 PM EDT2013-05-05 20:41:38 GMT
    Buy anything on the Internet lately without paying sales tax? In all but a few states, you're probably a tax cheat.    That's right, even if Internet retailers don't collect sales tax at the time of purchase,
    Buy anything on the Internet lately without paying sales tax? In all but a few states, you're probably a tax cheat.  

  • Sunday, May 5 2013 4:41 PM EDT2013-05-05 20:41:03 GMT
    The average U.S. price of a gallon of gasoline has gone up one penny over the past two weeks. It is the first increase after eight straight weeks of decline.    The Lundberg Survey of fuel prices released
    The average U.S. price of a gallon of gasoline has gone up one penny over the past two weeks. It is the first increase after eight straight weeks of decline.   

  • Sunday, May 5 2013 4:40 PM EDT2013-05-05 20:40:26 GMT
    A stronger-than-expected April rebound in job creation and recent dramatic discoveries of vast U.S. oil and gas reserves are helping to lift the American economy out its long funk.    The economic advances
    A stronger-than-expected April rebound in job creation and recent dramatic discoveries of vast U.S. oil and gas reserves are helping to lift the American economy out its long funk.   

  • Sunday, May 5 2013 4:39 PM EDT2013-05-05 20:39:53 GMT
    Itsmyluckyday and Goldencents are among five Kentucky Derby also-rans being considered to run in the Preakness on May 18 and take on Derby winner Orb.    Trainer Shug McGaughey said Sunday that Orb will
    Itsmyluckyday and Goldencents are among five Kentucky Derby also-rans being considered to run in the Preakness on May 18 and take on Derby winner Orb.  

  • Sunday, May 5 2013 4:32 PM EDT2013-05-05 20:32:59 GMT
    Iron Man is a bigger golden boy than ever with a $175.3 million opening weekend at the domestic box office for the superhero's latest sequel.    According to studio estimates Sunday, "Iron Man 3" had the
    Iron Man is a bigger golden boy than ever with a $175.3 million opening weekend at the domestic box office for the superhero's latest sequel.   

  • Friday, May 3 2013 5:14 PM EDT2013-05-03 21:14:40 GMT
    University of Toledo student have to be moved out and off campus by 8 p.m. on Friday.  The nursing students are moving out and on to new jobs. They crossed the stage and graduated on Friday.  They're
    University of Toledo nursing students graduated Friday amid a promising April jobs report. The economy added 176,000 jobs. The health care sector is strong and the Labor Department expects more growth. 

  • Thursday, May 2 2013 5:19 PM EDT2013-05-02 21:19:10 GMT
    COLUMBUS, Ohio (AP) - The Ohio Supreme Court says the number of new mortgage foreclosures in the state was down in 2012 for the third consecutive year. The court said Thursday that the 70,469 new foreclosure
    The Ohio Supreme Court says the number of new mortgage foreclosures in the state was down in 2012 for the third consecutive year.

  • Thursday, May 2 2013 5:08 PM EDT2013-05-02 21:08:53 GMT
    COLUMBUS, Ohio (AP) - Ohio employers could see $1 billion in cash rebates this summer from the state insurance fund for injured workers under a proposal announced Thursday. About 210,000 businesses and
    Ohio employers could see $1 billion in cash rebates this summer from the state insurance fund for injured workers under a proposal announced Thursday.

  • Thursday, May 2 2013 4:29 PM EDT2013-05-02 20:29:21 GMT
    Experts say from the housing market to manufacturing, the economy is recovering. Some say the improvement will pick up even more the end of this year. Jeff Korzenik is 5/3 Bank's Chief Investment Strategist.
    Experts say from the housing market to manufacturing, the economy is recovering. Some say the improvement will pick up even more the end of this year.

  • Wednesday, May 1 2013 10:35 PM EDT2013-05-02 02:35:10 GMT
    LANSING, Mich. (AP) - The Michigan House has approved legislation to require some people to pass drug tests and ensure that their children don't miss too many days of school in order to receive welfare
    The Michigan House has approved legislation to require some people to pass drug tests and ensure that their children don't miss too many days of school in order to receive welfare benefits.

  • Wednesday, May 1 2013 6:36 PM EDT2013-05-01 22:36:33 GMT
    Art Van Furniture needs to hire more than 100 employees for its new Toledo store. A job fair will be held Thursday, May 2 from 10:00 a.m. until 7:00 p.m. at the Best Western Grand Plaza Hotel located
    Art Van Furniture needs to hire more than 100 employees for its new Toledo store. A job fair will be held Thursday, May 2 from 10:00 a.m. until 7:00 p.m. at the Best Western Grand Plaza Hotel.

  • Wednesday, May 1 2013 5:22 PM EDT2013-05-01 21:22:19 GMT
    Toledo residents will have to dig deeper to draw a glass of water or take a shower.  Tuesday, city council passed a huge increase in your water rate.  That increase will be 13-percent each of the next
    Toledo residents will have to dig deeper to draw a glass of water or take a shower.  Tuesday, city council passed a huge increase in your water rate.  That increase will be 13-percent each of the next

  • Wednesday, May 1 2013 12:10 PM EDT2013-05-01 16:10:35 GMT
    Raceway Park in Toledo is officially getting a new home. The Ohio State Racing Commission voted Wednesday to approve its transfer to Dayton. The track has been in Toledo for more than 50 years on Telegraph
    Raceway Park in Toledo is officially getting a new home. The Ohio State Racing Commission voted Wednesday to approve its transfer to Dayton.

  • Tuesday, April 30 2013 5:06 PM EDT2013-04-30 21:06:55 GMT
    Toledo City Council today voted to increase water rates over the next five years. Council voted 11-1 in favor of the request. Councilman Tyrone Riley cast the only no vote. The rate increases for about
    Toledo City Council today voted to increase water rates over the next five years.

  • Monday, April 29 2013 6:06 PM EDT2013-04-29 22:06:31 GMT
    Home Depot could soon be building a big warehouse and distribution center in Wood County. The proposed site is at the southwest corner of U.S. 20 and Pemberville Road in Troy Township. It's not a done
    The company has submitted site plans for 157 acres of land at the southwest corner of Pemberville Road and U.S. 20 that could soon be home to a 1.6 million square foot facility.

  • Monday, April 29 2013 9:50 AM EDT2013-04-29 13:50:20 GMT
    DETROIT (AP) - Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles. The Auburn Hills, Mich., company said Monday
    Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles.

  • Wednesday, April 24 2013 10:23 PM EDT2013-04-25 02:23:35 GMT
    Toledo's Overland Industrial Park could have its first tenant by this time next year. Airgas Inc. wants to build a new 40,000 square foot building at the former Jeep property.
    Toledo's Overland Industrial Park could have its first tenant by this time next year. Airgas Inc. wants to build a new 40,000 square foot building at the former Jeep property.

  • Tuesday, April 23 2013 6:22 PM EDT2013-04-23 22:22:25 GMT
    This year Lucas County is receiving more money from the state to help businesses hire summer employees, but the county is having some trouble registering enough teens to fill the spots. 13abc's Malena
    This year Lucas County is receiving more money from the state to help businesses hire summer employees, but the county is having some trouble registering enough teens to fill the spots.

  • Monday, April 22 2013 11:37 AM EDT2013-04-22 15:37:10 GMT
    WASHINGTON (AP) - Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's. The National Association of Realtors said Monday
    Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

  • Sunday, April 21 2013 5:31 PM EDT2013-04-21 21:31:48 GMT
    The operator of Midwest Terminals of Toledo International says a possible Longshoremen's strike could slow production at the Port of Toledo when the area desperately needs the economic growth momentum
    The operator of Midwest Terminals of Toledo International says a possible Longshoremen's strike could slow production at the Port of Toledo.

  • An auto glass company says it will add up to 350 jobs over the next three years and expand its headquarters in central Ohio.
    An auto glass company says it will add up to 350 jobs over the next three years and expand its headquarters in central Ohio.

  • Tuesday, April 16 2013 10:56 AM EDT2013-04-16 14:56:23 GMT
    According to the City of Toledo Republic Services, the company that picks up refuse in Toledo under contract with Lucas County, will not be providing refuse service in Toledo Tuesday due to a strike by
    According to the City of Toledo Republic Services, the company that picks up refuse in Toledo under contract with Lucas County, will not be providing refuse service in Toledo Tuesday due to a strike by Teamsters Local 20. The city is calling the strike illegal.

  • Statistics show that the number of millionaires in Ohio is on the way back up.
    Statistics show that the number of millionaires in Ohio is on the way back up.

  • Friday, April 12 2013 2:40 PM EDT2013-04-12 18:40:07 GMT
    LANSING, Mich. (AP) - Michigan has won federal approval to build a second bridge between Detroit and Canada.    The permit awarded Friday by the State Department is a key step for the $3.5 billion project
    Michigan has won federal approval to build a second bridge between Detroit and Canada.

  • Thursday, April 11 2013 6:38 PM EDT2013-04-11 22:38:22 GMT
    Every year businesses in Downtown Toledo get a big boost with the start of the Mud Hens baseball season. Bars and restaurants around Fifth-Third Field are packed with baseball fans for Thursday's home
    Every year businesses in Downtown Toledo get a big boost with the start of the Mud Hens baseball season.

  • Tuesday, April 9 2013 9:58 PM EDT2013-04-10 01:58:36 GMT
    Toledo Mayor Mike Bell and a delegation from Toledo are in Germany for massive trade show. The mayor hopes to encourage foreign investment in Northwest Ohio.Five Ohio cities will be in Germany for the
    Toledo Mayor Mike Bell and a delegation from Toledo are in Germany for massive trade show. The mayor hopes to encourage foreign investment in Northwest Ohio.

  • Western Michigan University's College of Aviation is teaming up with an American Airlines affiliate on a pilot-hiring program designed to benefit the school and airline.
    Western Michigan University's College of Aviation is teaming up with an American Airlines affiliate on a pilot-hiring program designed to benefit the school and airline.

  • Friday, April 5 2013 5:13 PM EDT2013-04-05 21:13:13 GMT
    A disappointing jobs report for March was released today. Employers only added 88,000 jobs last month. The lowest monthly since June.  But, the Labor Department reports the jobless rate fell a tenth  of
    A disappointing jobs report for March was released today. Employers only added 88,000 jobs last month. Job seekers met with potential employers at the Owens Community College job fair. 

  • Economy

  • See Hot Jobs from The Source listings here. Ohio Means Jobs is a searchable database, powered by Monster. The Michigan Talent Bank also matches people with jobs in the public and private sectors.
    Get the latest job listings in your area.

  • Monday, May 13 2013 3:07 PM EDT2013-05-13 19:07:29 GMT
    We're stretching your dollar with grocery deals, coupons, special offers and much more!
    We're stretching your dollar with grocery deals, coupons, special offers and much more! Watch Kristian Brown every Monday at 5 p.m. on 13abc Action News!

  • Watch Money Matters every weekday at 5:30pm on 13abc Action News!

  • From damaged floors to pest problems, find out which places didn't make the grade. Watch Restaurant Report Card every Thursday at 11pm with 13abc's Tony Geftos.
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  • Saturday, May 18 2013 10:50 PM EDT2013-05-19 02:50:34 GMT
    Three suspects are still on the loose after an-early morning home invasion and murder in Waterville Township and investigators say the death of 34-year-old James Safadi was not a random act of violence.
    Investigators say the home invasion death of 34-year-old James Safadi in Waterville was not a random act of violence. They believe the local business owner was targeted.

  • Saturday, May 18 2013 5:54 PM EDT2013-05-18 21:54:20 GMT
    Verizon Wireless customers have been experiencing voice and data issues throughout the day on Saturday in Ohio.Customers in the Sandusky, Akron and Canton areas have seen an increased in dropped calls
    Verizon Wireless customers have been experiencing voice and data issues throughout the day on Saturday in Ohio.

  • Saturday, May 18 2013 9:52 PM EDT2013-05-19 01:52:31 GMT
    LEXINGTON, Mich. (AP) - Carol Connell remembers well the gift she gave Sara Ylen, a friend seemingly forced to bear too much misery. Ylen, a Michigan mother of two young boys, said she was battling cancer
    A Michigan mom who claimed to be battling cancer and a rape survior is being accused of fraud and her community is reeling.
    •