Business News Digest



REGION
New owner for B & amp;B
YOUNGSTOWN -- A ceremonial ribbon cutting to celebrate new ownership of the Printz Mansion, 1819 Fifth Ave., a bed and breakfast facility, will be at 3:30 p.m. Wednesday. The new owner is Ron DeAtley, who bought the business in September 2006. The proprietor is Heather Clark.
NATION
Target 4 drug program
MINNEAPOLIS -- No. 2 discounter Target said it would expand its 4 prescription drug program to all of its pharmacies, effective immediately, matching an expansion of the program made by Wal-Mart Stores last week.
The Minneapolis-based retailer said a list of the 4 generic drugs available at the pharmacies is available at www.target.com under the "pharmacy" tab.
On Thursday last week, Wal-Mart announced the expansion of its 4 offer for some prescription generic drugs to 11 more states in its plan to reach all 50 states by January.
SEC probes Ford report
DEARBORN, Mich. -- The U.S. Securities and Exchange Commission has started an informal inquiry into Ford Motor's recent earnings restatement that was brought on by accounting errors.
In a filing with the SEC on Friday, Ford said the SEC's Division of Corporation Finance and the Division of Enforcement had contacted the company for additional information about the restatement, which changed Ford's earnings from 2001 through the third quarter of this year. The restatement reduced by 850 million the amount the automaker has lost since 2001.
SEC spokesman John Heine said Monday that the commission does not comment on pending investigations.
From Vindicator staff and wire reports