65th anniversary
65th anniversary
BOARDMAN
General Extrusions Inc., 4040 Lake Park Road, will celebrate its 65th anniversary in business Monday. The company is an extruder and fabricator of aluminum extrusions and has been at the Lake Park Road address since 1950.
Falling gas prices
YOUNGSTOWN
GasBuddy experts say that before Christmas, as many as 20 states, including Ohio, could have average gas prices below $2 per gallon as the national average for December slips to $1.98.
Ribbon-cutting set
POLAND
At 10:30 a.m. Monday, there will be a ribbon-cutting ceremony for the new Wonderstruck LLC-Artisan Market and Classes at 6545 Clingan Road. Wonderstruck Artisan Market & Classes is an artistic multimedia, multidepartment gift shop with art classes.
Wonderstruck’s Poland location is open Thursday to Sunday. Visit WonderstruckMarket.com for information.
New Totally Wicked
LIBERTY
There will be a ribbon-cutting ceremony for Totally Wicked, located at 4501 Belmont Ave., at 11:30 a.m. Monday.
Totally Wicked is one of the founding companies of the electronic-cigarette market and has been trading since 2008. Now, its newest location will be opening in Liberty, providing nicotine fluids and electronic cigarettes.
For information, call Derek Cooper at 330-707-4925, or visit the Totally Wicked Facebook page at www.facebook.com/TotallyWickedYoungstown.
WTO rules against China in steel dispute
WASHINGTON
The World Trade Organization says China broke global trade rules by failing to comply with an earlier WTO ruling and continuing to impose duties on specialty-steel imports.
The decision announced Friday was a victory for the United States and steelmakers AK Steel in West Chester, Ohio, and Allegheny Ludlum in Waynesboro, Pa.
The case dates back to 2010 when China imposed duties on a high-tech specialty steel used in power plants. Saying the duties violated trade rules, the U.S. took the case to the WTO and won. Despite the ruling, China reintroduced duties on the steel in 2013. The United States went back to the WTO, charging that China was not complying with the earlier decision.
Pot industry files challenge to ruling
DENVER
A Colorado credit union is hoping a federal judge will intervene to let the booming marijuana industry move its finances from cash-stuffed suitcases to the regulated banking system.
Two lawsuits filed in Denver this week challenge recent decisions by the U.S. Federal Reserve and the National Credit Union Administration to deny applications from Fourth Corner Credit Union.
The credit union was set up last year to serve Colorado’s marijuana industry, but it needed permission from federal insurers and regulators before opening for business.
The Federal Reserve rejected Fourth Corner’s application earlier this month.
Staff/wire reports
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