BUSINESS DIGEST ||

Ribbon-cutting event

AUSTINTOWN

The Youngstown/Warren Regional Chamber will have a ribbon-cutting ceremony at Century 21 Lakeside Realty, 51 N. Wickcliffe Circle, at 2 p.m. Thursday.

Lakeside Realty LLC recently announced that it will operate as Century 21 Lakeside Realty to serve the real-estate needs of Trumbull, Mahoning and Columbiana counties. Lakeside Realty was founded in 2009 by George Berick, who has more than 25 years of real-estate experience.

AFL-CIO, USW join, protest GOP policies

WARREN

On Monday, the AFL-CIO joined members of the United Steelworkers Local 1375 for a protest to call out Republican policies and actions they say have hurt working people in the Mahoning Valley and throughout Ohio.

Specifically, they pointed out U.S. Sen. Rob Portman’s support for corporate trade agreements that the groups say have cost Ohio more than 300,000 jobs and have worsened conditions for workers nationwide.

Donald Trump, they say, is the poster child for corporate CEOs benefiting from bad corporate trade deals.

Parker Hannifin employees also were at the protest. The Parker Hannifin Youngstown hydraulic gear pump is in the process of shutting down because of a weakness in variety of markets the plant serves.

Business filings rise

COLUMBUS

Ohio Secretary of State Jon Husted on Monday announced 7,521 new entities filed to do business in Ohio during July 2016. There were 9,348 entities formed in July 2015.

Between 2010 and 2015, Ohio saw a 21.8 percent rise in new business filings.

Procter & Gamble to relocate jobs

CINCINNATI

Consumer-goods giant Procter & Gamble says it will move 850 jobs from its offices in northern Cincinnati into its downtown headquarters.

The maker of Tide detergent and Charmin toilet paper says it expects to make the moves in the fall of 2017.

The Cincinnati Enquirer reports most of the people being relocated work in Procter & Gamble’s product supply organization.

The company employs about 10,000 people in the Cincinnati area.

Raise retirement age to 69, suggests German central bank

Berlin

Germany’s central bank is arguing that the country’s retirement age should ultimately be lifted another two years to 69, a call that received a frosty response from the government.

The government decided a decade ago to raise the retirement age from 65 to 67. The increase is being introduced gradually and will apply to all retirees by 2029.

Since then, there have been periodic calls for people in Europe’s biggest economy to work even longer. In its monthly report Monday, the Bundesbank said consideration should be given to raising the retirement age to 69 by 2060 to make sure the pension system is viable as the population ages.

Chancellor Angela Merkel’s spokesman, Steffen Seibert, said the government “stands by retirement at 67.”

Staff/wire report

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1210.520.35

Aqua America, .71 32.11-0.47

Avalon Holdings,3.030.14

Cortland Bancorp, .2815.000.00

Farmers Nat., .169.45-0.08

First Energy, 1.44 32.89-0.23

Fifth/Third, .5219.450.34

FirstMerit Corp., .6821.610.37

First Niles Financial, .128.260.01

FNB Corp., .4812.290.12

General Motors, 1.5231.860.29

General Electric, .9231.240.00

Huntington Bank, .28 9.660.18

iHeartMedia Inc.,1.300.05

JP Morgan Chase, 1.9265.720.40

Key Corp, .3412.200.21

LaFarge, .3417.570.00

Macy’s, 1.51 40.460.64

Parker Hannifin, 2.52 124.121.31PNC, 2.0485.630.63

Simon Prop. Grp., 6.40214.080.51

Stoneridge 17.360.06

Talmer Bank, .20 22.570.30

United Comm. Fin., .10 6.74-0.01

Selected prices from Monday’s 4 p.m. close.