Ohio’s minimum wage to rise to $8.10


Ohio’s minimum wage to rise to $8.10

COLUMBUS

Ohio’s minimum wage will increase by 15 cents to $8.10 per hour Jan. 1. The minimum wage for tipped workers in Ohio will rise by 7 cents to $4.05 per hour. The minimum-wage raise will spark a $40.4 million increase in economic growth, because of the increased consumer spending, according to an analysis of Census data by the nonpartisan Economic Policy Institute.

The increase is the result of a state constitutional amendment approved in 2006 that provides annual rate adjustments to keep pace with the rising cost of living.

Keurig recalls 7M+ coffeemakers

Keurig is recalling more than 7 million of its single-serve coffee-brewing machines after reports that a number of them had spewed hot liquids and injured dozens of users.

The recall is for Keurig’s Mini Plus brewers that were made between 2009 and 2014. Keurig received about 200 reports of hot liquid spraying from the brewer, including 90 reports of burn-related injuries.

Customers who own the brewers can contact the company and have a repair kit sent for free. Keurig said the kit will fix the issue. The company warned customers waiting for the kit to keep an arm’s length away from the brewers and not brew more than two cups in quick succession.

About 6.6 million of the brewers are in the U.S., and nearly 600,000 are in Canada. The recalled brewers have model number K10 and have an identification number starting with “31” printed on the bottom.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 26.380.19

Avalon Holdings,2.84-0.25

Clear Channel, .46 18.800.11

Cortland Bancorp, 15.750

Farmers Nat., .128.350.07

First Energy, 1.44, 39.050.83

Fifth/Third, .5220.600.45

FirstMerit Corp., .64,18.950.08

First Niles Financial, .32,9.400

FNB Corp., .48,13.320.25

General Motors, 1.2033.560.33

General Electric, .88,25.910.2

Huntington Bank, .20, 10.600.16

JP Morgan Chase, 1.60,62.520.58

Key Corp, .26,14.080.24

LaFarge, 17.640.06

Macy’s, 1.25, 64.090.63

Parker Hannifin, 1.92, 131.251.59

PNC, 1.92,92.931.08

RTI Intl. Metals,24.510.7

Simon Prop. Grp.,5.20,186.49-0.97

Stoneridge 12.480.26

Talmer Bank, 14.120.04

United Comm. Fin., .04 5.45-0.01

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