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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Aug 20, 2014

Page

4

Stocks rebound as U S growth signals lift markets

Stocks rallied on steady U S growth signals while geopolitical jitters eased. The S P 500 neared a record with gains led by TJX and Home Depot as inflation cooled and consumer spending improved. The Dow and Nasdaq rose on better earnings and a housing upturn.

New York Standard & Poor Iraq Ukraine Home Depot TJX Maxx Marshalls Robert Pavlik Banyan Partners T.J. Maxx Russia West U.S Federal Reserve

Tax on medical devices misses revenue target

A Treasury inspector general audit finds the 2.3 percent medical device tax fell short of the $1.2 billion expected in early 2013, with only $913 million collected. It cites poor payer awareness and underreporting as causes and notes the IRS faces challenges in identifying manufacturers subject to the tax.

Washington Treasury Inspector General For Tax Administration IRS Inspector General J. Russell George Barack Obama Congress

Brita recalls children’s water bottles over laceration risk

Brita is recalling about 242500 children’s water filter bottles due to a possible laceration hazard from a lid that can break into sharp pieces. The bottles feature Dora the Explorer Hello Kitty SpongeBob TMNT designs. Consumers should stop using them and contact Brita for a postage paid return kit for a full refund.

Washington Brita Brita.com

Ballmer resigns from Microsoft board to focus on Clippers

Former Microsoft CEO Steve Ballmer, 58, steps down from the company’s board after 34 years. He plans to devote time to ownership of the Los Angeles Clippers, civic work, and teaching business at Stanford this fall and USC next spring. Microsoft published his resignation letter with a Nadella reply.

Los Angeles Microsoft Steve Ballmer Ballmer Los Angeles Clippers Stanford USC Microsoft Corp Satya Nadella

Home construction jumps 15.7 percent in July

Home construction rose to an eight month high in July, increasing 15.7 percent to a 1.09 million homes annual rate. This followed prior declines and signals momentum recovery as building permit applications also climbed 8.1 percent to 1.05 million.

Washington Commerce Department

Ohio River stretch reopens after oil spill

A 15 mile section of the Ohio River reopened to traffic with Coast Guard clearance and speed limits after a Duke Energy fuel oil spill from the W C Beckford station near New Richmond. Officials estimated up to 5 000 gallons spilled and deployed booms to contain the sheen extending about 12 miles toward Cincinnati while EPA and Coast Guard led cleanup and water safety monitoring.

Cincinnati Ohio River Coast Guard Katherine Cameron Duke Energy New Richmond W.C. Beckford Duke Sally Thelen Cameron U.S. Environmental Protection Agency Federal Agency Charlotte N.C U.S. Epa Steven Renninger Ohio Epa Heidi Griesmer Ohio Greater Cincinnati Beckford

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