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Farmers dividend

canfield

Farmers National Banc Corp., the parent company of Farmers National Bank, has declared a quarterly cash dividend of 3 cents per share. Common-stock dividends will be paid Dec. 31 to all shareholders of record as of Dec. 17.

GM paint shop gives to Salvation Army

lordstown

The GM Lordstown Complex Paint Shop will host its eighth annual benefit for the Mahoning Valley’s Salvation Army on Friday in the paint-shop cafeteria. The paint-shop team will present a toy and monetary contribution to the organization, culminating weeks of fundraising efforts. The event is closed to the public.

AIG takes key step to pay off bailout

WASHINGTON

Bailed-out insurance conglomerate American International Group Inc. is taking a key step toward paying off a bailout that was at one point worth $182 billion — the largest of the financial crisis.

The company says in a public filing Wednesday that it will repay a loan from the Federal Reserve Bank of New York. AIG says that will clear the way for the Treasury to sell off the government’s stake.

During the height of the crisis, the New York Fed provided as much as $91 billion in credit to AIG. As of early December, AIG owed about $21 billion.

Obama signs law addressing claims

WASHINGTON

American Indians and black farmers will be paid $4.6 billion to address claims of government mistreatment over many decades under landmark legislation President Barack Obama signed Wednesday.

The legislation “closes a long and unfortunate chapter in our history,” Obama said. “It’s finally time to make things right.”

Vindicator staff/wire reports