BUSINESS DIGEST ||

Chamber fundraiser

BOARDMAN

The Youngstown/Warren Regional Chamber will have a farewell celebration, a fundraiser honoring Thomas Humphries, current CEO and chamber president, from 6:30 to 9 p.m. Nov. 18 at Mr. Anthony’s Banquet Center, 7440 South Ave.

The event will honor Humphries, who will retire at year’s end after 20 years in the position. The celebration will include a roast and toast of Humphries emceed by Youngstown State University President Jim Tressel.

The event will mark the launch of the new Thomas M. Humphries Fund for Economic Development programming. The fund will begin through contributions made at the event.

The cost to attend is $125 per person, or a table of eight costs $1,000.

Registration is due by Nov. 10. Walk-ins are not permitted for this event. To register, go to: www.regionalchamber.com/events/page/5.

Ribbon-cutting

MINERAL RIDGE

The Youngstown/Warren Regional Chamber will have a ribbon-cutting ceremony for Pho Viez, 3971 Main St., at 11 a.m. Friday. Pho Viez is a family-owned restaurant that aims to serve the community with high-quality, authentic, homemade Vietnamese, Thai and Chinese food.

$10M line of credit

CLEVELAND

OAREX Capital Markets Inc., a Youngstown Business Incubator portfolio company and nonbank financing institution providing financing for digital media companies, announced Wednesday it has closed on a $10 million line of credit from a group of lenders, led by Arena Investors LP, a New York-based global investment firm.

OAREX accelerates programmatic advertising revenue for digital publishers such as websites, app developers, ad networks and supply-side platforms.

Accelerated cash flow allows media companies to scale their content promotion and user acquisition campaigns and pay supply- side partners and vendors sooner.

Ford van recall

DETROIT

Ford is recalling more than 73,000 full-sized vans in North America to fix a wiring problem that could cause fires and other electrical issues. The recall announced Wednesday covers Ford Transit vans from 2015 through 2017 that have a trailer tow computer module.

Here’s what you need to know about the recall:

Ford says water can enter the module and cause corrosion. That could cause an electrical short and an increased fire risk.

Corrosion also can cause unexpected seat-belt pretensioner activation, rapid flashing of turn signals, loss of heating and air-conditioning controls and other problems.

Fires could happen when the ignition is off so Ford is recommending vehicles be parked outdoors until repairs are made.

The company says it knows of two fires in Canadian fleet vehicles that could be related. It has no reports of injuries.

Owners can have dealers disable the module as a temporary fix.

Staff/wire report

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1249.52-0.56

Aqua America, .71 35.35 0.14

Avalon Holdings,1.96-0.04

Chemical Bank, .2754.490.84Community Health Sys.6.17-0.16

Cortland Bancorp, .2818.500.00

Farmers Nat., .1615.45 0.10

First Energy, 1.44 31.85-0.16

Fifth/Third, .5228.58-0.02

FirstMerit Corp.,— —

First Niles Financial, .1211.000.00

FNB Corp., .4813.700.02

General Motors, 1.5245.12-1.36

General Electric, .9221.50-0.39

Huntington Bank, .28 13.88-0.33

iHeartMedia Inc.,1.55 0.00

JP Morgan Chase, 1.92101.020.10

Key Corp, .3418.32-0.14

LaFarge, .34— —

Macy’s, 1.51 21.24-0.16

Parker Hannifin, 2.52 183.68-0.78

PNC, 2.20137.46-0.37

Simon Prop. Grp., 6.60163.68-0.19

Stoneridge 22.51 0.14

United Comm. Fin., .12 9.640.05

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