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Business News

More than $2 trillion in value wiped out from US stocks

The Associated Press U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses as U.S. financial markets closed with their biggest one-day drop since COVID-19 ...

Mercy, Cigna reach deal for coverage

Staff report YOUNGSTOWN — Mercy Health announced early Wednesday a multi-year commercial insurance agreement with Cigna that keeps all Mercy Health physician practices, acute care hospitals, urgent care centers, ambulatory surgery centers and additional care sites in-network. “We ...

Tesla sales tumble 13% in first three months of 2025

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying car company is struggling to attract buyers. The leading electric vehicle maker has faced a growing backlash from Musk’s embrace of right-wing politics and his role ...

Chamber to laud 4 at annual meeting

The Youngstown / Warren Regional Chamber will honor four individuals for their contributions to the Mahoning Valley and beyond during its annual meeting 7:30 a.m. April 10 at Waypoint 4180, Canfield. Wally King and Gary Wagner each will receive the Valley Champion Award. Dan Rivers, regarded ...

Restaurant chain Hooters files for bankruptcy protection

Hooters is going bust. The U.S. restaurant chain, known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 protection Monday in the North Texas Bankruptcy Court in Dallas. It’s ...

WRTA campaigns to ‘Give Small Business a Lift’

Staff report YOUNGSTOWN — For the fourth year in a row, the WRTA will promote and honor local small businesses along with their owners and employees during its “Give Small Business a Lift” event. Twelve local small businesses that exemplify the Valley’s entrepreneurial spirit and ...