BUSINESS DIGEST || Quaker Steak & Lube to make donations
Quaker Steak & Lube to make donations
boardman
From 4 to 10 p.m. Monday, the Austintown and Warren Quaker Steak and Lubes, located at 5800 Interstate Blvd. and 2192 Millennium Blvd., will donate 15 percent of every sale to Akron Children’s Hospital Mahoning Valley for each customer who presents a special flier at time of purchase.
Fliers may be downloaded at www.akronchildrens.org/mv or retrieved from the Miracles & Promises Radiothon Facebook page.
Praise from Ryan
WARREN
U.S. Rep. Tim Ryan of Howland, D-13th, applauded the Food and Drug Administration for enforcing “gluten-free” labeling standards on foods and called on the administration to move forward with establishing guidelines to identify gluten in medications Wednesday.
Time Warner effort
NEW YORK
Time Warner Cable announced participation in Clean Cities’ National Clean Fleet Partnership, administered by the U.S. Department of Energy, to further reduce petroleum use and increase efficiencies within its fleet of more than 20,000 service trucks and vehicles.
Community Health agrees to pay $98M
FRANKLIN, TENN.
Community Health Systems Inc. has agreed to pay $98 million to settle federal claims of improper billing by the hospital company.
The Justice Department and Community Health announced the settlement this week. The government alleges that the company admitted patients to the hospital when it wasn’t medically necessary and then billed Medicare, Medicaid and the military’s Tricare program for those inpatient services.
Community Health should have billed for less costly outpatient or observation cases, the government said.
Franklin, Tennessee-based Community Health said there is no finding of improper conduct under the settlement and denied any wrongdoing.
Official: Hackers spent years on data
LAS VEGAS
The hackers are a tight-knit group, 10 or 11. They live in a Russian town, and have real jobs. But in their down time, the cybercriminals have spent the past seven months gathering a hoard of personal data, stealing 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites, according to Alex Holden, Chief Information Security Officer for Hold Security, whose firm uncovered the breach.
The Russian hackers had been collecting databases of personal information for years, but Holden told The Associated Press Wednesday that in April the group began deploying a new online attack technique that quickly shot from computer system to computer system as unwitting infected users visited random websites.
Vindicator staff/wire reports
Selected local stocks
STOCK, DIVIDENDCLOSECHANGE
Aqua America, .61, 23.96 .64
Avalon Holdings,4.23—.02
Clear Channel, .61 22.05 —.49
Cortland Bancorp, 12.55.03
Farmers Nat., .127.70 .09
First Energy, 2.20, 31.48—.45
FirstMerit Corp., .64,17.39 .16
First Niles Financial, .32,9.00.00
FNB Corp., .48,12.10.01
General Motors,33.40.04
General Electric, .76,25.44.42
Huntington Bank, .20, 9.56.00
JP Morgan Chase, 1.52,56.23.17
Key Corp, .22,13.20.03
LaFarge, 18.42 —.50
Macy’s, 1.00, 58.811.17
Parker Hannifin, 1.80, 109.55—5.47
PNC, 1.76,81.53—.32
RTI Intl. Metals,27.35.38
Simon Prop. Grp.,4.60,165.30—1.06
Stoneridge 11.53 .42
Talmer Bank, 13.30.10
United Community Fin. 4.41.07
Selected prices at 4 p.m. Wednesday. Provided by Stifel. Not to be construed as an offer or recommendation to buy or sell any security.
43
