BUSINESS DIGEST || New via680 update


New via680 update

YOUNGSTOWN

The Youngstown Business Incubator’s portfolio company, via680, has released its fourth-generation of a dynamic messaging system.

Now, the company needs feedback from users.

The product’s demo video and other information can be found at vingapp.com/ybi-offer/.

MYCAP program

YOUNGSTOWN

The Mahoning-Youngstown Community Action Partnership, 1325 Fifth Ave., has scheduled the dates and times of information sessions for the Workforce Development Program of 2015. The sessions are set for 10 a.m. to noon and 1 to 3 p.m. Monday and Tuesday.

Vallourec milestone

YOUNGSTOWN

Vallourec, the world leader in tubular solutions, celebrated 50 years of its VAM premium connections Thursday. Vallourec has a Youngstown plant on Martin Luther King Jr. Boulevard called Vallourec Star, where steel pipes are produced for the oil and gas industry.

Friendly NBA wager

WARREN

Seven Seventeen Credit Union has accepted a friendly wager from San Francisco-based Patelco Credit Union over what team will win the NBA Finals – the Cleveland Cavaliers or the Golden State Warriors.

The credit union supporting the runner-up in the finals will make a $500 donation to their rival’s home children’s hospital. The supporter of the NBA champs will make a $250 donation to the other community’s children’s hospital.

Akron Children’s Hospital Mahoning Valley will be the beneficiary on the Seven Seventeen side of the wager.

Retail sales rise

WASHINGTON

Americans stepped up their spending at retailers in May, especially for autos, clothes and building materials, in a sign that strong job growth has begun to boost store sales.

Retail sales rose a seasonally adjusted 1.2 percent after a 0.2 percent gain in April, the Commerce Department said Thursday. Over the past 12 months, sales have risen a solid 2.7 percent.

The upswing in shopping reflects greater confidence in an economy still shaking off the ravages of a recession that officially ended six years ago.

Employers have added more than 3 million jobs over the past year. Yet until last month, many workers appeared to be saving as much of their paychecks as they could.

Whole Foods: New chain called 365

NEW YORK

Whole Foods says it will name its new chain of smaller stores with lower prices after its “365 Everyday Value” house brand.

Co-CEO Walter Robb tells The Associated Press that the chain will be named “365 by Whole Foods Market,” a nod to the brand already sold by the grocery chain.

He said that although 365 products will anchor the stores, the chain also will have other items, including national brands.

Staff/wire reports

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