BUSINESS DIGEST || Young Professionals mixer at golf club

Young Professionals mixer at golf club

YOUNGSTOWN

The Mahoning Valley Young Professionals will have a June mixer sponsored by Transamerica at the Kennsington Golf Club from 5:30 to 7:30 p.m. Thursday.

The club is at 4171 Westford Place, Canfield. For more details visit, MVYPClub.com.

Farmers to be added to Russell 3000 Index

CANFIELD

Farmers National Banc Corp. on Tuesday announced that it will be added to the broad-market Russell 3000 Index at the conclusion of the Russell US Indexes’ annual reconstitution, effective after the U.S. market opens June 27, according to a preliminary list of additions posted Friday.

Annual reconstitution of the Russell U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization.

100 companies are members of OBLN

COLUMBUS

One hundred businesses are now members of the Ohio Business Leadership Network, a peer-to-peer business organization that provides employers with information and resources about how best to recruit, select, train and retain a workforce that includes individuals with disabilities.

Membership in the Ohio Business Leadership Network is free. Businesses interested in becoming members can find information at www.ohiobln.org.

OPEC earnings estimated at $404B

WASHINGTON

In 2015, the U.S. Energy Information Administration estimates that members of the Organization of the Petroleum Exporting Countries, OPEC, earned about $404 billion in net oil-export revenues.

This represents a 46 percent decline from the $753 billion earned in 2014, mainly as a result of a precipitous fall in average annual crude- oil prices during the year, and to a lesser extent to decreases in the level of OPEC net oil exports.

For more information, go to www.eia.gov.

Court upholds net-neutrality rules

WASHINGTON

A federal appeals court Tuesday upheld the government’s “net neutrality” rules, preserving regulations that force internet providers such as Comcast and AT&T to treat all online traffic – everything from Netflix and cat videos to games and downloads – equally.

The 2-1 ruling is a sweeping victory for the Obama administration and the consumer groups and internet companies that have pushed net neutrality for years.

The Federal Communications Commission’s rules block internet service providers from favoring their own services and disadvantaging others; blocking other sites and apps; and creating “fast lanes” for video and other data services that pay for the privilege.

Staff/wire reports