BUSINESS DIGEST || Treasury Department rejects application to cut pensions
Treasury rejects application to cut earned pensions
YOUNGSTOWN
U.S. Sen. Sherrod Brown, a Democrat from Cleveland, on Friday reported the U.S. Treasury Department answered his call to reject the Central States Pension Fund’s application to make massive cuts to retirees’ earned pensions.
Brown repeatedly called on the Treasury Department to reject the cuts in order to protect the earned benefits of thousands of Ohioans.
Last month at the U.S. Capitol, Brown rallied with Teamsters against the cuts. Brown wrote to the Treasury Department in February and again in April, asking Treasury to reject the cuts.
Ribbon-cutting set at Salt Sensations
BOARDMAN
The Youngstown/Warren Regional Chamber will have a celebratory ribbon-cutting ceremony for Salt Sensations USA at 10 a.m. Tuesday.
Salt Sensations offers a children’s salt room, an adult salt room, private salt booth, salt meditation and yoga and salt room rental. The salt therapy rooms simulate the microclimate of salt caves in Europe and Asia and are kept between 65 and 70 degrees Fahrenheit and at 40 percent humidity.
Salt Sensations USA is open from 10 a.m. to 6 p.m. Monday, Wednesday and Friday; 10 a.m. to 8 p.m. Tuesday and Thursday and 10 a.m. to 2 p.m. Saturday. For more information, visit www.saltsensationsusa.com or call 330-953-2405.
Storm Service Solutions opens
CORTLAND
The Youngstown/Warren Regional Chamber will have a celebratory ribbon-cutting ceremony at 3 p.m. Monday for Storm Service Solutions LLC, 227 S. High St.
Storm Service Solutions’ inspection teams work with insurance providers to assess storm damage to homes and return them to “pre-storm” condition.
Storm Service Solutions is open from 8 a.m. to 6 p.m. Monday through Saturday. For more information, visit www.stormservicesolutions.com or call 330-979-9322.
Trump to testify after election in Trump U. lawsuit
SAN DIEGO
Donald Trump will go to trial after the presidential election on a class-action lawsuit that accuses the billionaire businessman and his now-defunct Trump University of defrauding people who paid up to $35,000 for real-estate seminars, his attorney said Friday.
A federal judge in San Diego set a Nov. 28 trial, raising the possibility that Trump could take the stand as a president-elect if he wins the White House. The presumptive GOP nominee plans to attend most, if not all, of the trial and will take the witness stand, Trump lawyer Daniel Petrocelli said.
Trump’s attorneys resisted the idea of bringing the 6-year-old case to trial while the real-estate mogul was in the race, with Petrocelli asking for February trial. Plaintiffs had suggested June.
The lawsuit is one of three that accuse Trump University of fleecing students with unfulfilled promises to teach secrets of success in real estate.
Staff/wire reports
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