Debt panel fails triggers Dow selloff in New York
The stock market fell as the congressional supercommittee failed to reach a deficit deal. The Dow dropped about 248.85 points to 11,547.31 after a day of heavy selling, with fears of renewed U.S. credit downgrade and stalled fiscal actions.
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Ohio gas prices dip 14 cents this week
The AAA Oil Price Information Service and Wright Express report a statewide average regular gasoline price of about 3.23 a gallon, down from 3.37 last week. Analysts note prices may fall further to roughly 3.10 by year end amid weak global economy signals.
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Ohio
Auto Club Aaa
Oil Price Information Service
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NYC sues roll-your-own shop Island Smokes over tax evasion
New York City filed a lawsuit on November 14 against Island Smokes in Chinatown alleging blatant tax evasion. The case centers on roll-your-own machines that produce cartons from loose tobacco taxed at lower rates, avoiding cigarette taxes and stamps.
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Oberlin job fair seeks 80 part time NACS workers
NACS and parent NACSCORP plan to hire about 80 temporary workers for December through March with BookRenter. Open 10 a.m. to 2 p.m. Saturday at NACS Corp, 528 E Lorain St, Oberlin. First shift $8, second $8.50. 5 30 a.m. to 2 p.m. and 2 p.m. to 10 30 p.m. High school diploma, ability to lift 60 pounds, and reading screens required. About 234 current employees including 44 temporaries.
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Hugh Grant testifies on tabloid hacking at ethics inquiry
British actor Hugh Grant described break ins leaked medical data and hacked voicemails as he testified at a judge led media ethics inquiry. He blamed the tabloid press as a whole, noting a 2007 Mail on Sunday story may have come from voicemail eavesdropping.
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Market movers show uneven week with gains and losses
The Associated Press report notes a mixed week with some gainers and losers. Trading ranged with notable activity in hundreds of shares though specific names and figures are not clearly readable.
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