BUSINESS DIGEST || Recycle electronics


Recycle electronics

YOUNGSTOWN

Green Youngstown will host the annual Electronics Recycling Drive at Covelli Centre from 8 a.m. to 2 p.m. Saturday.

The drive is open to all Mahoning County residents.

Electronic items can be brought to the Covelli Centre for free, despite there previously being an expense for televisions and computer monitors.

Vallourec has offered to sponsor the Electronics Recycle Drive this year. As part of this sponsorship, Green Youngstown agreed to conduct “mini” electronics recycle drives. A final “mini” drive is scheduled from 6 to 9 a.m. today at Vallourec’s campus.

Brown discusses oversupply of steel

WASHINGTON, D.C.

On Tuesday, Sen. Sherrod Brown, D-Ohio, called on the administration to address the oversupply of steel in the international market.

In advance of the Organization for Economic Co-operation and Development meeting this month, Brown urged the OECD Steel Committee to encourage countries to reduce their steel supply to balance the international market.

Sewapalooza set

BOARDMAN

Sewapalooza, a hands-on sewing, embroidery and quilting workshop, will take place at BERNINA Store and Sew Much More from 9 a.m. to 4 p.m. Thursday.

BERNINA Educator Betty Stoltenburg will lead attendees through a host of projects. The event costs $50 and includes all supplies and lunch. The store is located in Boardman at 7081 West Blvd.

To register, call 330-726-9396 or stop by the store. Registration is recommended as seating is limited.

UAW raises dues

DETROIT

Delegates to the United Auto Workers convention have voted to raise dues by 25 percent to shore up the union’s finances, the first increase in 47 years.

Representatives from local unions across the nation approved the increase with a show of hands, raising dues from two hours of pay per month to 21/2 hours.

About two-thirds of the roughly 1,100 delegates attending the convention in Detroit voted for the increase after more than two hours of debate.

The move will help bolster the finances of the UAW, which for years has been selling assets and raiding its strike fund to pay operating expenses. It will raise about $15 million per year for the union.

Visa to label cards

new york

Visa wants to make it easier for people to spot a cheaper prepaid card.

The payment processor said it will put labels on packages of cards that meet a new set of standards it unveiled Tuesday.

Those standards include a flat monthly fee and no hidden charges.

Companies that issue Visa prepaid cards will have to apply for the new label, and the program is voluntary. It could take up to a year before the seal of approval starts showing up on packaging.

Vindicator staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 25.03 —.15

Avalon Holdings,4.14.09

Clear Channel, .61 23.30 —.05

Cortland Bancorp, 12.000.00

Farmers Nat., .127.70 0.00

First Energy, 2.20, 34.49.94

FirstMerit Corp., .64,19.04 .08

First Niles Financial, .32,8.300.00

FNB Corp., .48,12.37.04

General Motors,35.22.36

General Electric, .76,26.76—.07

Huntington Bank, .20, 9.38.02

JP Morgan Chase, 1.52,55.61.26

Key Corp, .22,13.89.10

LaFarge, 21.45 —.16

Macy’s, 1.00, 59.90—.15

Parker Hannifin, 1.80, 125.65—.11

PNC, 1.76,85.49—.13

RTI Intl. Metals,26.24—.07

Simon Prop. Grp.,4.60,165.85—.95

Stoneridge 10.29 .20

Talmer Bank, 13.76.08

United Community Fin. 3.77—.03

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.

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