BUSINESS DIGEST ||


USPS meeting

YOUNGSTOWN

The U.S. Postal Service will have a public meeting at 3 p.m. Monday in city council chambers to discuss the proposed relocation of the North Side retail mail services.

The North Side retail mail services are currently located at 1716 Guadalupe Ave. USPS will outline the need for the relocation of this retail location at the meeting.

For questions, call David M. Wolfe, real-estate implementation specialist at 336-665-2819.

Phantoms fun

YOUNGSTOWN

The Mahoning Valley Young Professionals will have “Family Night with the Phantoms” at the Covelli Centre at 7 p.m. April 1.

Tickets are $12 a person, which includes the ticket cost, tour of the locker room and arena, a Phantoms baseball hat and a ride on the Zamboni.

For more information, contact Rose Shaffer Saborse at rose@tbeic.org or call 330-207-2635. Register at eventbrite.com.

Manufacturing act

WASHINGTON, D.C.

U.S. Sens. Sherrod Brown, a Democrat from Ohio, and David Perdu, a Republican from Georgia, reintroduced bipartisan legislation that will expand financing opportunities for small and mid-size manufacturers in Ohio, Georgia and throughout the country. The Modernizing American Manufacturing Bonds Act will modernize financing opportunities available to small and midsize manufacturers to build new facilities.

Gaming revenue

WYOMISSING, PA.

Penn National Gaming Inc., parent company of Hollywood Gaming at Mahoning Valley Race Course, announced Thursday that it has raised its financial guidance for the 2017 first quarter ending March 31. Reflecting strong broad-based property performance to date, the company now expects to report net revenue of between $770 million and $771 million and adjusted earnings between $222 million and $223 million.

Applications for US jobless aid rise

WASHINGTON

More people sought U.S. unemployment benefits last week, but applications are still at a low level that points to a healthy job market.

Weekly unemployment benefit applications rose 15,000 last week to a seasonally adjusted 258,000, the Labor Department said Thursday. The four-week average ticked up 1,000 to 240,000.

The number of people receiving benefits fell 39,000 to 2 million, the department said. That’s down 8.6 percent from a year earlier.

Applications, which are a proxy for layoffs, have been below 300,000, a historically low level, for 80 weeks. The figure had topped 100 weeks but the Labor Department revised the data Thursday.

The figures suggest that relatively few Americans are losing their jobs. In late February, applications fell to 210,000, the lowest since 1969, according to the revised data.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1233.30-0.39

Aqua America, .71 31.68-0.28

Avalon Holdings,2.33-0.07

Chemical Bank, .2749.910.61Community Health Sys. 8.70 0.30

Cortland Bancorp, .2818.640.00

Farmers Nat., .1613.350.35

First Energy, 1.44 31.20-0.21

Fifth/Third, .5225.060.22

FirstMerit Corp.,21.610.37

First Niles Financial, .1210.000.00

FNB Corp., .4814.480.12

General Motors, 1.5234.27-0.12

General Electric, .9229.630.10

Huntington Bank, .28 13.020.24

iHeartMedia Inc.,3.45-0.09

JP Morgan Chase, 1.9287.39-0.14

Key Corp, .3417.240.10

LaFarge, .34-0.00

Macy’s, 1.51 28.27-0.10

Parker Hannifin, 2.52 158.010.46

PNC, 2.20119.270.62

Simon Prop. Grp., 6.60167.552.15

Stoneridge 18.09-0.08

United Comm. Fin., .12 8.280.05

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