Yahoo stock slips after bid withdrawal as talks end
Yahoo Inc shares fall after Microsoft Corp withdraws its 47.5 billion takeover bid. Analysts expect a possible revival later in the year as Yahoo founders Yang and Filo push for a higher price, while Ballmer cites the failed talks.
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Bascule Bridge Closings Spark Business Worries
East bank Black River merchants fear reduced summer traffic during June 5 to 26 and July 7 to 17 and July 21 to Aug 28 closings for a state funded 1.74 million renovation. Council discusses cross promotion and added police presence with Safety Director to share updated plan at Monday committee meeting.
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Phil Dore
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Value Place abandons North Ridgeville hotel plan
North Ridgeville Mayor David Gillock says Value Place will not open a North Ridgeville location due to financial problems. The proposed six million dollar hotel on Lear Nagle Road near Lorain Road was to begin construction in June but is canceled as the franchisee cannot fund the project.
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David Gillock
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Ohio gas prices rise to record highs amid oil surge
Ohio reg gas averages 3.57 a gallon down from 3.61 after a peak. crude futures top 120 a barrel on Turkish airstrikes and Nigeria attack. Senate Republicans press EPA to curb ethanol expansion to ease food price pressures. Philippines dollar weakness lowers worker wages and raises import costs globally.
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