New eatery planned

New eatery planned

youngstown

The former KFC at Indianola and South avenues soon will become a Captain Hooks Fish and Chicken. The Chicago-based quick-style restaurant is expected to open by the end of 2012. Captain Hooks specializes in fish, chicken and burgers. Menu items include the “Jack Salmon” and buffalo wings, as well as shrimp baskets and specialty lemonades. The Captain Hooks in Youngstown will be the first in the Mahoning Valley.

Workshop set on leasing rights

canfield

With the surge in natural-gas drilling and the numerous landowners issuing leases for such activity, concerns have been voiced throughout Northeast Ohio about the lack of knowledge of the financial and legal aspects of the business.

The Mahoning Valley Accounting Society in Canfield is aiming to take the guesswork out of the equation for landowners who sell leasing rights.

The society will have a workshop at 429 Lisbon St., Canfield, on Wednesday. Topics will include the legal issues associated with the oil and gas industry, common terms and what they mean, property rights and how to read certain financial statements relating to royalties.

The cost to participate in the workshop is $149 per person. For more information, contact the society at 330-533-1700.

New Eastwood store

Niles

Buckle, a specialty denim retailer, has opened a new location in Eastwood Mall. The retailer offers a “unique mix of on-trend clothing, shoes and accessories,” according to a press release.

The Eastwood Mall site will be Buckle’s 21st location in Ohio. To mark its opening, customers who visit the store between Monday and Aug. 19 can enter to win one of several Buckle gift cards. The drawing for the giveaway will take place Aug. 20.

US wholesale prices increase 0.1 percent

WASHINGTON

U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the economy.

The Labor Department said Friday that the producer price index increased 0.1 percent in June from May. That followed a 1 percent drop in May from April. In the past 12 months, wholesale prices have risen 0.7 percent. That matches May’s pace, which was the slowest for 12 months since October 2009.

Though inflation largely was tame, food prices increased 0.5 percent in June from May. The price of meat rose 3.1 percent, the biggest increase in nearly a year.

Some economists worry those costs could increase further in the coming months if a drought in the Midwest endures.

The index measures price changes before they reach the consumer.

Vindicator staff/wire reports