Is Marathon pursuing Citgo?

By LOU WILIN STAFF WRITER Marathon Petroleum Corp. made a bid this year for Citgo Petroleum Corp., the U.S. refining arm of a Venezuelan state-owned company, Reuters News reports. At least three oil companies are still actively bidding for Citgo, Reuters reported this week, but...

Unemployment rates don’t count long-term jobless

By LOU WILIN STAFF WRITER Look out. Your mobile device and other gadgets are not the only things becoming obsolete: You can, too. When people lose their jobs, it usually takes longer to get a new one than it used to, said Jeff Korzenik, chief investment officer for Fifth Third...

Latta handily wins re-election

By LOU WILIN STAFF WRITER Republican Bob Latta garnered 68 percent of the vote in winning re-election Tuesday to represent Ohio’s 5th Congressional District in the U.S. House. With more than 94 percent of precincts reporting, Latta received 119,007 votes to 48,883 votes for...

4th District voters re-elect Jim Jordan

By LOU WILIN STAFF WRITER Republican Jim Jordan received 68 percent of the vote in winning re-election Tuesday to a fifth term as representative of Ohio’s 4th Congressional District in the U.S. House. Jordan won 124,036 votes to 59,015 for Democrat Janet Garrett in the...

Voters elect Republicans to six area Ohio House seats

By LOU WILIN STAFF WRITER Republicans Robert Sprague, Tim Brown, Bob Cupp, Robert McColley, Jeff McClain and Bill Reineke Jr. were all elected Tuesday to Ohio House seats in the Legislature. Cupp, McColley and Reineke will fill open seats. Sprague won 75 percent of the vote in...

Cooper loses Delaware court battle

By LOU WILIN STAFF WRITER Cooper Tire & Rubber Co. is not entitled to a $112.5 million fee from would-be buyer Apollo Tyres after the deal failed last year, a Delaware judge has ruled. Each company blamed the other when the proposed $2.5 billion purchase unraveled. Cooper...

School issues, state races before voters

By LOU WILIN STAFF WRITER Residents of Hancock and neighboring counties will help decide races for governor and six other statewide offices in Tuesday’s general election. In Hancock County, big school construction projects will be decided in the Van Buren and Liberty-Benton...

Area voters to decide Ohio House races

By LOU WILIN STAFF WRITER Voters in Hancock and neighboring counties will decide races for six Ohio House seats and elect one state senator in Tuesday’s general election. All the House seats are contested, but state Sen. Cliff Hite of Findlay is unopposed in the 1st Senate...

Heminger unveils plans to speed MPLX growth

By LOU WILIN STAFF WRITER Higher charges for use of its pipelines pumped profits 35 percent higher last quarter, to $29.1 million, for MPLX LP, Marathon Petroleum’s pipeline subsidiary. Earnings in the July-September quarter amounted to 37 cents per share for the...

Marathon Petroleum’s profits soar in quarter

By LOU WILIN STAFF WRITER Improved profit margins in refining oil, and then selling it as fuel, quadrupled Marathon Petroleum Corp.’s earnings last quarter from a year earlier to $672 million. Earnings translated to $2.36 per share in the July-September quarter. All that...