YNGAir Partners to meet at terminal


June 21, 2012 at 12:00a.m.

YNGAir Partners to meet at terminal

VIENNA

YNGAir Partners will host its public June meeting at 7 p.m. today inside the Youngstown-Warren Regional Airport terminal.

The group will discuss the airport’s Small Community Air Service Development grant and the airline-revenue guarantee to assist in the start of new airline service at the Trumbull County airport.

YNGAir Partners is the community-support group for the airport.

A tour will be given after the meeting showcasing some of the improvements taking place at the facility. Parking for all meeting attendees is free.

Oil prices fall

new york

A “build” and a “Twist” knocked oil prices to the floor Wednesday.

In the morning, the government announced a surprise increase, or build, in U.S. oil supplies. That told investors that America has a bounty of crude and less need to import more from foreign countries. Then the Federal Reserve extended an interest-rate reduction program known as Operation Twist, but declined to take more aggressive steps to boost the economy.

Together, they sent the price of oil to a nine-month low. Benchmark U.S. crude dropped $2.23, or 2.7 per- cent, to end the day at $81.80 per barrel in New York, the lowest level since October.

RIM starts layoffs

toronto

Struggling BlackBerry maker Research In Motion said Wednesday it has started laying off employees as part of a restructuring plan aimed at saving about $1 billion this year.

RIM declined to provide numbers, but will offer an update when it reports quarterly financial results next Thursday.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 24.18 —.16

Avalon Holdings,3.7401—.2099

Clear Channel, .73 63.32 —.64

Cortland Bancorp, 10.01.00

Farmers Nat., .126.83 .30

First Energy, 2.20, 48.52—.68

FirstMerit Corp., .64,15.84 .03

First Niles Financial, .32,8.05.00

First Place Fin., .52—.11

FNB Corp., .48,10.59—.02

General Motors,21.48—.26

General Electric, .68,20.10.10

Motors Liquidation, .0422.00

Huntington Bank, .16, 6.31—.02

JP Morgan Chase, 1.20,36.451.07

Key Corp, .20,7.64.02

LaFarge, 10.62 .12

Macy’s, .80, 36.99—.18

Parker Hannifin, 1.64, 79.61—1.80

PNC, 1.60,59.86.32

RTI Intl. Metals,22.29.02

Simon Prop. Grp.,4.00,152.281.03

Stoneridge 7.05 .03

United Community Fin. 2.93.19

Selected prices at 4 p.m. Wednesday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.