4th on Forbes list

4th on Forbes list

YOUNGSTOWN

Youngstown was voted No. 4 by Forbes as one of the “Best Cities for Raising a Family.”

The list is based on median income, cost of living, housing affordability, commuting delays, percentage of families owning homes, crime rate and education quality.

Forbes looked at 100 cities in the nation. The No. 1 city on the list is Grand Rapids, Mich.; No. 2 is Boise, Idaho; and No. 3 is Provo, Utah.

Changes coming to Eastwood complex

NILES

Lane Bryant will open a new store in mid-September at the Eastwood Mall Complex, 5555 Youngstown-Warren Road.

The new store will occupy more than 5,300 square feet near Center Court.

Lane Bryant is a clothing and accessories store for women sizes 14 through 28. H&M, a retail clothing and accessories store, will open its doors about the same time as Lane Bryant.

Also in September, there will be a grand opening of Tilt Studio, a gaming emporium that will occupy more than 25,000 square feet next to Sears.

Forever 21, a clothing and shoe store that primarily serves women, will have a grand-reopening event Saturday. Victoria’s Secret recently reopened with a makeover, and there is an addition at the mall of an attached Pink store that features women’s lingerie and sleepwear.

GM to make 398 compensation offers

detroit

A fund set up by General Motors will make 398 compensation offers to people killed or injured in accidents involving faulty ignition switches.

The fund says the switches were responsible for 124 deaths and 274 injuries. Victims’ families are being offered at least $1 million each.

The fund, administered by Atty. Kenneth Feinberg, finished processing the 4,342 claims it received by the Jan. 31 deadline. Of those, 91 percent were deemed ineligible.

Fund spokeswoman Camille Biros said Tuesday that 298 of the 396 offers made so far have been accepted. Five have been rejected. The fund plans to make two more offers, bringing the total to 398.

GM recalled 2.6 million small cars last year but acknowledged it knew about the ignition-switch problems for more than a decade.

Greece accepts harsh bailout terms

ATHENS, Greece

Greece agreed to harsh terms for a new three-year bailout Tuesday and vowed to push it through parliament this week, despite mounting dissent in the ruling left-wing party.

With the country facing the risk of a debt default next week, Prime Minister Alexis Tsipras had sought to speed up the talks and get approval of a deal this week.

After Greece and its creditors reached an accord on the main points Tuesday, Tsipras called for an emergency session of parliament for a vote late Thursday.

Greece needs to start tapping the new bailout – worth $93 billion – so it can make a key debt repayment next week and secure its future in the eurozone.

Staff/wire reports