Authors: Carmen Cox
Hemera/Thinkstock(NEW YORK) -- The markets were mixed on Monday as investors played down signs of an improving government credit market.
The Dow Jones Industrial Average dropped nearly 10 points to close at 15,239. The Nasdaq Composite closed up 4.55 points at 3,474. The S&P 500 finished off a fraction of a point at...
Authors: jc
David Paul Morris/Bloomberg via Getty Images(SAN FRANCISCO) -- Apple product lovers, your iPhone and iPad will look radically different this year.
At Apple's annual Worldwide Developers Conference (WWDC), held at the Moscone West Center in San Francisco, Apple CEO Tim Cook and other company executives unveiled its new operating systems,...
Authors: jc
ABC/Donna Svennevik(NEW YORK) -- Standard & Poor’s has slightly upgraded its credit rating for the United States. This is the same rating agency that stripped the U.S. of its AAA rating in August 2011.
The agency says the long-term rating outlook on the U.S. has been revised from negative to stable – meaning that...
Authors: jc
ABC/Donna Svennevik(NEW YORK) -- The popular chef who has been called “The Butter Queen” has introduced a line of flavored butters.
But in keeping with Paula Deen’s new image, the butters aren’t meant to be used by the pound. That’s the old Paula Deen. These are “finishing butters,” meant to add...
Authors: jc
iStockphoto/Thinkstock(NEW YORK) -- Sushi Yasuda has made headlines for its mouth-watering sushi and excellent service for more than a decade, but the restaurant is getting noticed now for a different reason: banning tips.
“The diner doesn’t [have to] think about how much to leave and make calculations [after] a contemplative...
Authors: jc
ABC News(LOS ANGELES) -- If you like blood-and-guts video games, Los Angeles is the place to be this week. The world’s biggest video game companies are unveiling their best new products at the Electronic Entertainment Expo, known as E3.
Video gaming is now a $67 billion industry but is suffering through a two-year slump in...
The J.M. Smucker company announced Monday that they will nominate Robert B. Heisler Jr to its board of directors.
Heisler is a retired dean of the College of Business Administration and Graduate School of Management at Kent State University.
In a news release, the Orrville-based company said Heisler was chosen largely in part because of his experience in financial services area as well as investment management. Heisler will be up for election at the the company's shareholders meeting in August.
Mr. Heisler will replace William Steinbrink, who is retiring after serving on the board since 1994.
Press Release from the J.M. Smucker Company:
ORRVILLE, Ohio, June 10, 2013 /PRNewswire/ -- The Board of Directors (the "Board") of The J. M. Smucker Company (NYSE: SJM) (the "Company") announced today that a new director nominee will be included in the Company's proxy statement for his election at the next Annual Meeting of Shareholders to be held on Wednesday, August 14, 2013. The nominee, Mr. Robert B. Heisler, Jr., is the retired Dean of the College of Business Administration and Graduate School of Management at Kent State University, former Chief Executive Officer of McDonald Financial Group, and retired Chairman and Chief Executive Officer of KeyBank, N.A. The Board concluded that Mr. Heisler should serve as a director primarily due to his extensive experience in the investment management and financial services area and his experience serving as a director of other public companies.
"Mr. Heisler's impressive career path brings additional leadership, operating, financial and administrative skills to the Board, and his background enables him to provide valuable insights to the Board, particularly in overseeing the Company's finances. If elected, Mr. Heisler will serve as a member of the Company's Audit Committee, and his experience will be an invaluable asset to both the Audit Committee and the Company," said Richard K. Smucker, the Chief Executive Officer.
Mr. Heisler will replace Mr. William H. Steinbrink, who has served as a director of the Company since 1994, and who will be retiring from the Board at the end of his term. Mr. Steinbrink, will, however, provide consulting services, to the Chief Executive Officer and the Chairman of the Board.
"We wish to thank Mr. Steinbrink for his many years of service and his meaningful contributions to the Board and the Company. His valuable insights and dedication have been greatly appreciated," said Timothy P. Smucker, Chairman of the Board.
Authors: Jeanette Torres
Rosemary Calvert/Photographer's Choice RF(NEW YORK) -- Are you saving nearly enough money for a comfortable retirement? The answer in most cases appears to be “no.”
The elderly are falling short in almost every state, a new analysis of Census Bureau data says.
“Hawaii and Nevada are the only...
Authors: Jeanette Torres
Joanna Stern / ABC News(SAN FRANCISCO) -- Apple will hold its first event in more than six months on Monday to unveil the next versions of its iOS and Mac OS X operating systems.
At its annual Worldwide Developer's Conference (WWDC) at the Moscone West Center in San Francisco, Apple executives, including CEO Tim Cook, will...
Authors: Jeanette Torres
JupiterImages/Brand X Pictures(LOS ANGELES) -- At this year's E3 video game expo, where press and fans get first looks at upcoming games and hardware, a new generation will be ushered in as attendees go hands-on with the newest systems: PlayStation 4 and Xbox One.
Starting on Monday, the big Los Angeles gaming show kicks off...
Copyright © 2013 AkronNewsNow & Rubber City Radio Group |All Rights Reserved | 1795 West Market Street | Akron, OH 44313 | 330.869.9800
