BUSINESS DIGEST ||

Hollywood Gaming reports $9 million in video-lottery revenue

AUSTINTOWN

Hollywood Gaming at Mahoning Valley Race Course reported $9.48 million in video-lottery terminal revenue during June 2017 with an average of 1,034 terminals.

This is up from the $7.63 million reported in June 2016 with an average of 932 terminals.

The state’s seven racinos reported total terminal revenue of $78.06 million with an average of 11,032 terminals in June 2017. That compares with $70.66 million with 10,793 terminals reported in June 2016.

The state’s four casinos reported June 2017 revenue of $64.08 million, which compares with $62.74 million reported in June 2016.

Man claiming to have bomb in bank killed in standoff

MARIETTA, Ga.

A man who claimed to have a bomb that could “take out the room” barricaded himself inside a suburban Atlanta bank Friday, sparking an hourslong standoff that forced police to bust through a brick wall of the building and ended when an officer shot and killed the suspect.

Cobb County police Sgt. Dana Pierce confirmed the man died in an “officer involved shooting.” Pierce said a police bomb squad had rendered safe a backpack in which the suspect claimed to have a bomb. Police were still analyzing the contents to determine if the suspect actually had explosives, he said.

Two people were freed shortly after a military-type vehicle smashed its way through the wall, raining bricks onto its hood.

Phoenix hits 118 degrees, breaks record set in 1905

PHOENIX

Phoenix has broken a 112-year record for heat.

National Weather Service meteorologists say the Arizona city had a high of 118 degrees Friday.

That broke the previous mark of 115 degrees dating back to 1905.

Meteorologists say the normal high temperature for July 7 in Phoenix is 107 degrees.

So far this year, the temperature at Sky Harbor Airport has reached at least 110 degrees 17 times.

In California, a heat advisory in the San Joaquin Valley warned of temperatures from 103 to 107 through today.

Struggling Sears closing more stores

NEW YORK

Struggling department store chain Sears says it’s closing even more stores as it tries to turn around its business.

Sears Holdings Corp. CEO Eddie Lampert said in a blog post Friday that the company would close another eight Sears and 35 Kmart stores that are unprofitable by early October. Hundreds of store closings have already been announced this year.

Sears had said in March that there was “substantial doubt” it could continue after years of bleeding money, though it has insisted that its actions to regroup should help reduce that risk. With more people shopping online, mall foot traffic has dropped.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1234.190.30

Aqua America, .71 32.780.17

Avalon Holdings,2.390.04

Chemical Bank, .2749.010.20

Community Health Sys. 9.44 0.12

Cortland Bancorp, .2817.860.00

Farmers Nat., .1614.850.15

First Energy, 1.44 29.27-0.04

Fifth/Third, .5226.480.02

FirstMerit Corp.,--

First Niles Financial, .1210.000.00

FNB Corp., .4814.35-0.07

General Motors, 1.5234.960.09

General Electric, .9226.15-0.16

Huntington Bank, .28 13.690.03

iHeartMedia Inc.,1.51-0.03

JP Morgan Chase, 1.9293.850.47

Key Corp, .3419.210.21

LaFarge, .34--

Macy’s, 1.51 22.68-0.17

Parker Hannifin, 2.52 160.911.46

PNC, 2.20126.540.53

Simon Prop. Grp., 6.60156.460.68

Stoneridge 15.340.56

United Comm. Fin., .12 8.570.14

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