BUSINESS DIGEST || Downtown Youngstown Partnership starts up

Youngstown group starts up

YOUNGSTOWN

The Downtown Youngstown Partnership is a community-based group that plans to fill the gaps where needed as it relates to attracting and retaining businesses and community pride in the downtown area.

The DYP Community Kickoff will take place from 5 to 7 p.m. June 22 at OH Wow! The Roger & Gloria Jones Children’s Center for Science & Technology, 11 W. Federal St.

DYP will be developing and implementing events, networking, projects and initiatives to attract and retain businesses and enhance the downtown community.

Free business class scheduled

YOUNGSTOWN

The Greater Warren-Youngstown Urban League, the Ohio Development Service Agency and the Mahoning Valley Economic Development Corp. will have a free business class, “How to boost your business with joint ventures,” from 5:30 to 7:30 p.m. Tuesday at the Public Library of Youngstown and Mahoning County’s Austintown branch, 600 S. Raccoon Road.

To reserve a seat, call 330-394-4316.

Post offices closed on Memorial Day

YOUNGSTOWN

U.S. post offices will be closed Monday in observance of the Memorial Day holiday. Only express mail will be delivered that day. On Tuesday, normal mail delivery operations will resume, and post offices will re-open.

Extensive postal information and services are available 24/7 online at USPS.com.

Small businesses have more options for refinancing

WASHINGTON

Eligible small-business owners now have more options to refinance eligible fixed assets and business expenses through the Small Business Administration 504 Refinance Program.

SBA Administrator Maria Contreras-Sweet made the program permanent through an Interim Final Rule in The Federal Register released Thursday.

This change will help small-business owners ease their financial burdens and create incentives for potential expansion and further job creation.

Researchers: Bank hacks may be linked to North Korea

NEW YORK

Cybersecurity researchers say North Korea might be connected to a recent attack that resulted in the theft of more than $100 million from the Bangladeshi central bank and the attempted thefts of millions more from other Asian banks.

If the finding holds up, the attacks would amount to a new strategy for the rogue nation, whose state-sponsored efforts have long been motivated by politics, not money.

Security researchers at Symantec say that the malware used in February to steal $101 million from the Bangladeshi bank’s account in the Federal Reserve Bank of New York is similar to that used in the past by a group known as “Lazarus.”

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .129.350.—16

Aqua America, .71 32.32 0.07

Avalon Holdings,2.100.04

Cortland Bancorp, .2816.000.01

Farmers Nat., .129.44 0.12

First Energy, 1.44 32.480.13

Fifth/Third, .5218.850.25

FirstMerit Corp., .6822.86 0.13

First Niles Financial, .209.15—0.31

FNB Corp., .4813.400.19

General Motors, 1.5231.370.08

General Electric, .9230.100.08

Huntington Bank, .28 10.580.12

iHeartMedia Inc.,1.02 —0.06

JP Morgan Chase, 1.7665.400.37

Key Corp, .3012.890.14

LaFarge, .3417.57 0.00

Macy’s, 1.44 32.721.15

Parker Hannifin, 2.52 113.980.34

PNC, 2.0490.230.74

Simon Prop. Grp., 6.40197.720.59

Stoneridge 16.77 0.58

Talmer Bank, .20 20.00—0.03

United Comm. Fin., .10 6.120.04

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