Airport meeting

Airport meeting

vienna

YNGAir Partners, a private- sector support group for the regional airport, will have its July meeting today at 8 p.m. inside the Youngstown-Warren Regional Airport terminal.

The group will discuss the airport’s airline-revenue guarantee program, get an update on airport business from Aviation Director Dan Dickten, discuss fundraising efforts and plan some outreach events in the months ahead. Parking for the event is free, and the meeting is open to the public.

For additional information, visit the group’s website at www.yngairpartners.org.

Brine spills on road

FOWLER

Randy Smith, Trumbull County engineer, says he thinks 1,000 gallons or more of brine water was spilled on Warner Road and state Route 305 over the weekend.

Smith said the spill apparently leaked out of a container being hauled from an injection well on Warner Road just north of Route 305.

The Ohio Environmental Protection Agency levied a $1,000 fine for the accident, Smith said.

Injection wells are a disposal method for brine, which is a salty, chemical byproduct of natural-gas and oil drilling.

Smith said he viewed the brine on the road Saturday. It started at Warner Road and continued west on Route 305 to state Route 11.

Legendary CEO of Bloomingdale’s dies

NEW YORK

Marvin Traub, a merchant prince and former CEO of Bloomingdale’s who transformed the department-store chain into an international powerhouse, died at his home in Manhattan on Wednesday. He was 87.

The cause was bladder cancer, according to Mortimer Singer, president of Marvin Traub Associates Inc., a consulting firm that Traub started in 1992. He had been battling the illness since late 2009.

After graduating from Harvard College magna cum laude in 1947 and receiving his master’s in business at Harvard in 1949, Traub began his legendary career at Bloomingdale’s in 1950. During a career that spanned 41 years, he transformed the company from a staid department store into a prestigious retailer that launched the careers of such iconic designers as Tommy Hilfiger, Ralph Lauren and Donna Karan.

Foreclosure risk up

LOS ANGELES

Banks increasingly are placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.

June provided the latest evidence of this trend, as the number of U.S. homes entering the foreclosure process for the first time increased on an annual basis for the second month in a row, foreclosure listing firm RealtyTrac Inc. said today.

Vindicator staff/wire reports