BUSINESS DIGEST ||


Foundation donates $3K to organization

YOUNGSTOWN

Home Savings Charitable Foundation recently donated a check for $3,000 to Big Brothers Big Sisters of Mahoning Valley.

The funds will be used for the nonprofit organization’s Site-Based Mentoring Program.

Color Vanity offers microblading

BOARDMAN

Color Vanity by Lucia, 7371 California Ave., is offering microblading, a semipermanent solution for eyebrows that uses the hair-stroke method.

Foundation presents $15,000 to school

WARREN

The Regina M. Rebhan Family Foundation recently presented John F. Kennedy Catholic High School with The Eagle Award of $15,000.

The grant money will secure John F. Kennedy’s 1:1 Technology Initiative ensuring one device (Chromebook) to each student in grades K-12.

NEOMED receives $127K from donors

ROOTSTOWN

A Northeast Ohio Medical University record-breaking 184 donors recently gave a total of $127,499 during NEOMED’s 24-hour online giving campaign, called the Huntington Quadruple Challenge.

Sirius XM buys stake in Pandora

NEW YORK

Pandora is raising cash to help it take on Spotify and other streaming music services.

The online music service is selling a 19 percent stake in its business to satellite radio company Sirius XM for $480 million. Pandora will pay a $22.5 million breakup fee to private equity firm KKR for breaking up a previously agreed $150 million deal.

Pandora, which is based in Oakland, Calif., will raise another $200 million selling its Ticketfly ticket service to Eventbrite – a service Pandora bought for $450 million in 2015.

Pandora works as an internet radio, and most users listen for free. But its financial losses have deepened in the past few years while its user base has been stagnant, and in March it launched a subscription service that copied the strategy of competitors such as Spotify and Apple Music. Like those apps, it can now charge users and then let them pick the songs they want to listen to.

Honda to roll out all-new Accord with no V6 option

DETROIT

Honda said Friday that its Accord midsize car will be offered only with four-cylinder or gas-electric hybrid engines when an all-new version comes out later this year.

The company said the smaller engines are sufficient for what its customers want. Only 14 percent of buyers in 2016 bought V-6 Accords.

Honda’s move away from the V6 is part of a trend toward replacing larger engines with turbocharged smaller ones that can nearly match V6 power. Chevrolet, Hyundai and others already have eliminated V-6 options in their midsize cars.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1232.98-0.51

Aqua America, .71 32.980.29

Avalon Holdings,2.68-0.12

Chemical Bank, .2749.602.39

Community Health Sys. 8.44 -0.09

Cortland Bancorp, .2818.750.00

Farmers Nat., .1614.900.65

First Energy, 1.44 29.110.24

Fifth/Third, .5225.060.73

FirstMerit Corp.,--

First Niles Financial, .129.670.00

FNB Corp., .4814.440.46

General Motors, 1.5234.330.22

General Electric, .9227.930.34

Huntington Bank, .28 13.290.37

iHeartMedia Inc.,1.650.00

JP Morgan Chase, 1.9286.952.00

Key Corp, .3418.610.41

LaFarge, .34--

Macy’s, 1.51 22.720.95

Parker Hannifin, 2.52 157.012.48

PNC, 2.20123.162.15

Simon Prop. Grp., 6.60155.571.00

Stoneridge 15.21-0.01

United Comm. Fin., .12 8.780.28

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