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US stocks end mixed, weighed down by losses for tech giants

Business News

NEW YORK (AP) — Stocks wavered to a mixed close on Wall Street Wednesday as technology stocks once again weighed down the market. Declines for several influential tech heavyweights, including Microsoft, pulled the broader market lower even though most stocks in the S&P 500 gained ...

PUCO approves significant SOBE rate increase

Local News

SOBE Thermal Energy Systems LLC’s downtown Youngstown customers will see significant increases in the cost for steam heat — 93% for most to take effect shortly and then by 162% more by November. The Public Utilities Commission of Ohio voted 3-0 Wednesday in favor of the emergency rate ...

Chinese supercomputer displaces US machines as world’s fastest

Business News

A supercomputer in China now outranks its U.S. counterparts as the world’s most powerful, marking the first time since 2017 that a Chinese computer has topped a list sometimes viewed as a measure of a nation’s technological prowess. The LineShine computer in Shenzhen, China, displaced ...

Resolution reducing Trumbull property taxes by 2.5% passes

Local News

WARREN — The Trumbull County Commissioners unanimously passed a resolution Wednesday that will reduce the amount of taxes that county property owners will have to pay by 2.5%. In making the vote, the commissioners acknowledged the decision likely will not be popular with school leaders and ...

SOBE rate hikes ‘terrible for customers’

Local News

YOUNGSTOWN — A 93% rate increase for most of SOBE Thermal Energy Systems LLC’s downtown Youngstown will go into effect as soon as Monday. In a Thursday interview with The Vindicator, John C. Collins, SOBE’s receiver, and Michael Moran, his court-appointed attorney, said the rate ...