Business in brief

REGION

Goodyear, Steelworkers to begin contract talks

AKRON — Goodyear Tire & Rubber Co. and the United Steelworkers of America were headed into national contract talks with the recession as a backdrop and job security a key priority.

Talks were scheduled to begin Monday in Cincinnati. The three-year contract covering about 10,300 Steelworkers at seven Goodyear plants in the U.S. expires July 18.

The Steelworkers said job security would overshadow other issues in contract talks covering workers in Akron; Buffalo, N.Y.; Danville, Va.; Fayetteville, N.C.; Gadsden, Ala.; Topeka, Kan., and Union City, Tenn.

The company wants to improve productivity and flexibility.

F.N.B. planning to sell $115M in common stock

HERMITAGE, Pa. — F.N.B. Corp. said Monday it intends to sell about $115 million in common stock.

The offering will be used for general corporate purposes and the possible repurchase of the $100 million of preferred shares, plus warrants, issued to the U.S. Treasury. F.N.B. is the holding company for First National Bank of Pennsylvania.

Vindicator staff/wire reports