Stonebridge Grille to host job fair


Stonebridge Grille to host job fair

HOWLAND

Stonebridge Grille and Tavern will have a job fair to fill 100 positions at its new location in Trumbull County this weekend. Positions that need to be filled include servers, bartenders, bussers, cooks, hostesses and dishwashers. Applicants can apply at the new location, 1415 Niles-Cortland Road, from 10 a.m. to 3 p.m. today, Sunday and Monday. The Howland location is scheduled to open in mid-November.

Tessie’s celebrates grand opening

HERMITAGE

Quality Inn’s new restaurant, Tessie’s Casual Cafe, at 3200 S. Hermitage Road, had a grand opening celebration Friday.

Today, the hotel will have Rudy & The Professionals, a band from Cleveland, perform.

Tessie’s Casual Caf offers a fresh-made menu with homemade pasta, fresh salads, beer-battered fish and buffalo chicken.

Ohio workers’ comp rating inches up

COLUMBUS

Ohio continues to ascend the rankings of a biennial study that compares national workers’ compensation rates. The state’s rates improved from 33rd in 2014 to 40th, making Ohio the 11th lowest among all states.

Ohio’s standing in the Oregon Study, which ranks states from most expensive to least expensive, has continually improved since its rates were ranked third highest in the nation in 2008.

Ohio senators want case brought against China

WASHINGTON

On Friday, U.S. Sens. Sherrod Brown, a Democrat from Cleveland, and Rob Portman, a Republican from the Cincinnati area, urged the U.S. Trade Representative to bring a World Trade Organization case against China in an effort to address aluminum overcapacity.

Brown and Portman have worked to give domestic industries the ability to fight unfair trade practices. In June 2015, the Leveling the Playing Field Act, introduced by Brown and co-sponsored by Portman, was signed into law, ushering in the most significant changes to trade remedy law since 2002.

BAT offers to buy Reynolds in $47 billion deal

LONDON

British American Tobacco has offered to buy Reynolds American Inc. in a $47 billion cash-and-stock deal.

The London-based company offered Friday to buy the 57.8 percent of Reynolds it doesn’t already own for the equivalent of $56.50 per share. Reynolds shareholders would receive $24.13 in cash and 0.5502 of a BAT share for each Reynolds share.

BAT Chief Executive Nicandro Durante says the merger “is the logical progression in our relationship and offers all shareholders a stake in a stronger, truly global tobacco and Next Generation Products company.”

The deal brings together brands such as BAT’s Lucky Strike and Reynolds’ Camel.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1226.880.19

Aqua America, .71 29.54-0.07

Avalon Holdings,2.800.04

Community Health Sys. 10.37 -0.10

Cortland Bancorp, .2815.740.14

Farmers Nat., .1610.840.04

First Energy, 1.44 33.190.34

Fifth/Third, .5221.210.19

FirstMerit Corp.,21.610.37

First Niles Financial, .1211.000.00

FNB Corp., .4812.960.13

General Motors, 1.5232.040.29

General Electric, .9228.98-0.09

Huntington Bank, .28 10.06-0.08

iHeartMedia Inc.,1.40-0.01

JP Morgan Chase, 1.9268.490.23

Key Corp, .3413.040.02

LaFarge, .3417.570.00Macy’s, 1.51 36.510.64

Parker Hannifin, 2.52 123.200.40

PNC, 2.2092.92-0.38

Simon Prop. Grp., 6.60196.55-0.71

Stoneridge 18.01-0.16

Talmer Bank, 23.34-0.36United Comm. Fin., .12 7.28-0.05

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