Cleveland hospital taking suburban medical centers

Cleveland hospital taking suburban medical centers

CLEVELAND

Cleveland’s University Hospitals is set to take over two suburban medical centers.

University Hospitals received final approval from government regulators this past week to complete the deal.

It will take control of Parma Community General Hospital and EMH Healthcare in Elyria beginning Wednesday.

The hospital in Parma will be renamed University Hospitals Parma Medical Center. The Elyria site will become University Hospitals Elyria Medical Center.

University Hospitals has 18,000 employees at 10 hospitals and 20 outpatient health centers in the Cleveland area.

The hospital says it has no plans to expand or reduce its workforce because of the deal.

2 men face charges in possible timber scam in Pennsylvania

FRANKLIN, PA.

Authorities investigating a reported timber scam in northwestern Pennsylvania have arrested one man and are seeking his business partner.

State police say the men sold logging rights to properties they didn’t own or have permission to sell.

The contracts for land in Crawford and Venango counties reportedly totaled more than $310,000.

Police charged 34-year-old David Kapellusch of Titusville with offenses including theft by deception and forgery.

He is in the Venango County Prison, unable to post bail since his Dec. 20 arraignment. No lawyer was listed for him in court records.

Police are searching for 49-year-old Steven Marchand of Titusville. He also faces charges of theft by deception, forgery and other counts.

No phone number could be found for Marchand.

Militia threatens to cut gas deliveries

tRIPOLI, LIBYA

A spokesman for a Libyan militia that shut down most of the country’s oil terminals for months has threatened to close off natural-gas deliveries to the capital in a serious escalation in its standoff with the central government.

The spokesman, who did not identify himself, said in a statement aired Sunday on television stations that the government has 48 hours to resume paying salaries to the group, which was originally in charge of securing oil and gas facilities in the country’s east.

The natural gas is essential for power plants in Tripoli and in the rest of the country.

Since this summer, the group has shut down the oil terminals, demanded greater autonomy and a larger share of oil revenues for the region.

The government had since stopped paying the militia’s salaries and threatened to use force to restore the flow of oil exports, seriously cutting into government revenues.

Associated Press

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 23.87 .09

Avalon Holdings,5.15—.02

Clear Channel, .61 23.69 .32

Cortland Bancorp, 10.75.5

Farmers Nat., .126.55 .01

First Energy, 2.20, 32.81.74

FirstMerit Corp., .64,22.35 .11

First Niles Financial, .32,6.50.35

First Place Fin., .00.00

FNB Corp., .48,12.73.01

General Motors,40.94—.59

General Electric, .76,27.87.04

Huntington Bank, .20, 9.62—.03

JP Morgan Chase, 1.52,58.10—.1

Key Corp, .22,13.41—.03

LaFarge, 18.68 .04

Macy’s, 1.00, 52.71—.13

Parker Hannifin, 1.80, 128.11.23

PNC, 1.76,78.19.93

RTI Intl. Metals,34.89.13

Simon Prop. Grp.,4.60,153.29—.94

Stoneridge 13.01 —.07

United Community Fin. 3.63—.02

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