Ribbon-cutting set

Ribbon-cutting set

BOARDMAN

The Youngstown/Warren Regional Chamber will have a ceremonial ribbon-cutting at DC Wellness, 4495 Market St., at 2 p.m. Tuesday.

DC Wellness is a third-generation group health and employee-benefits consulting firm.

DC Wellness purchased and rehabbed the building in Boardman, and the company is excited to show its new headquarters to the community.

For more information, visit www.dcwellco.com.

Oil, gas discussion

WEST MIDDLESEX, Pa.

The Shenango Valley and Lawrence County chambers of commerce and Penn Northwest Development Corp. partnered with The Keystone Energy Forum to present a panel discussion on the future of oil and gas exploration in western Pennsylvania and eastern Ohio. Panelists include George Stark of Cabot Oil and Gas, Dan Brockett of Penn State AG Extension and Sarah Barczyk of Columbia Pipeline.

The event will take place Wednesday at The Park Inn by Radisson in West Middlesex, Pa. Registration and lunch will open at 11:30 a.m. The panel discussion will take place from 12:15 to 1 p.m. The cost is $20 to attend. Reservations are required; reserve a spot through email, sue@svchamber.com, by Monday.

Stocks close out best week of year

NEW YORK

The stock market closed out its best week this year with a modest gain Friday, helped by airlines and industrial companies.

Investors now turn their focus to corporate earnings, which will start to pick up next week.

The Dow Jones industrial average rose 33.74 points, or 0.2 percent, to 17,084.49. The Standard & Poor’s 500 index rose 1.46 points, or 0.1 percent, to 2,014.89 and the Nasdaq composite rose 19.68 points, or 0.4 percent, to 4,830.47.

The S&P 500 ended the week up 3.3 percent, its best week since mid-December. Global markets also had a strong week, with markets in Germany and France rising more than 5 percent. In Asia, markets in Japan, China and Hong Kong are up roughly 4 percent each.

Broken rail caused W.Va. derailment

MONTGOMERY, W.Va.

A fiery oil-train derailment in southern West Virginia last February resulted from a broken rail that started with a crack that should have been detected but was missed in two inspections, federal investigators said Friday.

A CSX train was carrying 3 million gallons of Bakken crude when it derailed Feb. 16 during a snowstorm in Mount Carbon. Twenty-seven of the train’s 109 cars derailed. Twenty cars leaked crude oil.

The Federal Railroad Administration said the broken rail resulted from a crack that had expanded. The problem was missed by CSX Corp. and a contractor on inspections in December 2014 and last January, said Sarah Feinberg, the FRA’s acting chief.

“This accident, like many rail accidents, was preventable,” Feinberg said at a news conference.

Staff/wire reports