Home Savings posts profit of $3.4 million

Home Savings posts profit of $3.4 million

youngstown

The Home Savings and Loan Co. on Friday reported a second-quarter profit of $3.4 million.

Net income of $6.1 million in the first half of the year is up 57 percent from the period a year ago.

Delinquent and impaired loans and nonperforming assets also have decreased significantly this year, while lending is slowly on the rise, company officials said.

Truck World events

HUBBARD

Truck World will host a three-day celebration beginning Tuesday and continuing through Thursday to show appreciation for the truck drivers who account for a large portion of its business.

From 1 to 4 p.m. those days, the truck stop will offer a complimentary lunch for commercially licensed drivers.

Each day there will be exhibitors’ booths, fuel- center giveaways and several other activities. On Thursday, the Boogaloo Cajun Fest will take place with live music and Louisiana-inspired cuisine.

For information and a list of scheduled events, all of which are open to the public, visit www.truckworldinc.com.

‘Call before you dig’

youngstown

Dominion East Ohio and The Columbia Pipeline Group, both utility companies serving Northeast Ohio, are reminding customers, contractors and the general public to “call before you dig.”

The utilities urge you to call 8-1-1 at least 48 hours before any digging project that could threaten underground utility infrastructure.

Promoting the 8-1-1 call line, the companies said, ensures safe excavating. Under state law, the general public and contractors are required to call the number before they dig.

The utility company is notified, and any nearby pipelines or underground wires are identified.

U.S. judge denies Apple request

NEW YORK

A judge on Friday refused a request by Apple to suspend temporarily her ruling that it violated antitrust laws by conspiring with publishers to raise electronic-book prices in 2010, and she said it appeared collusion was continuing even after her findings.

U.S. District Judge Denise Cote, ruling from the bench in Manhattan, declined to withdraw the effect of last month’s ruling while Cupertino, Calif.-based Apple Inc. appeals.

The judge said she wasn’t ready to rule on the government’s suggested remedies to eliminate antitrust behavior. She seemed dismayed as she noted that the publishers and Apple seemed to express together their opposition to some government recommendations, “reflecting a seriously continuing danger of collusion.”

Apple, the maker of iPods, iPads and iPhones, continues to fight what it calls “false accusations.”

The judge ruled last month that Apple had conspired with publishers to spoil the $9.99 e-book price Amazon.com had established. That ruling sided with government regulators’ contention that Apple joined five major book publishers to gang up on Amazon to the detriment of consumers.

Vindicator staff/wire reports