http://www.toledoblade.com The Latest News from Toledoblade.com (v5) Thu, 14 May 2026 04:00:54 GMT en-us hourly 1 https://www.toledoblade.com/business/personal-finance/2026/05/14/who-is-incoming-fed-chair-kevin-warsh/stories/20260514110 https://www.toledoblade.com/business/personal-finance/2026/05/14/who-is-incoming-fed-chair-kevin-warsh/stories/20260514110#comments Thu, 14 May 2026 14:38:10 GMT https://www.toledoblade.com/business/personal-finance/2026/05/14/who-is-incoming-fed-chair-kevin-warsh/stories/20260514110 WASHINGTON — The U.S. Senate on Wednesday confirmed Kevin Warsh to lead the Federal Reserve. President Donald Trump had picked the former Fed governor to replace Jerome Powell, believing that Warsh can deliver the booming economy the president had promised voters. Kevin Warsh is sworn in during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington April 21. https://www.toledoblade.com/business/labor/2026/05/14/cooper-standard-to-close-bowling-green-plant-175-to-lose-jobs/stories/20260514108 https://www.toledoblade.com/business/labor/2026/05/14/cooper-standard-to-close-bowling-green-plant-175-to-lose-jobs/stories/20260514108#comments Thu, 14 May 2026 14:48:06 GMT https://www.toledoblade.com/business/labor/2026/05/14/cooper-standard-to-close-bowling-green-plant-175-to-lose-jobs/stories/20260514108 Cooper Standard will close its Bowling Green plant by 2027, putting 175 workers out of a job. Cooper Standard plant located at 1175 N. Main St Bowling Green, Ohio. https://www.toledoblade.com/business/labor/2026/05/14/u-s-filings-for-jobless-benefits-hits-211-000-as-the-war-in-iran-drags-on/stories/20260514102 https://www.toledoblade.com/business/labor/2026/05/14/u-s-filings-for-jobless-benefits-hits-211-000-as-the-war-in-iran-drags-on/stories/20260514102#comments Thu, 14 May 2026 12:58:49 GMT https://www.toledoblade.com/business/labor/2026/05/14/u-s-filings-for-jobless-benefits-hits-211-000-as-the-war-in-iran-drags-on/stories/20260514102 WASHINGTON — The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran. A person waits in a line for a prospective employer at a job fair, Aug. 29, 2024, in Sunrise, Fla. https://www.toledoblade.com/business/retail/2026/05/13/levis-commons-to-be-sold-to-outlet-developer/stories/20260513084 https://www.toledoblade.com/business/retail/2026/05/13/levis-commons-to-be-sold-to-outlet-developer/stories/20260513084#comments Wed, 13 May 2026 14:21:45 GMT https://www.toledoblade.com/business/retail/2026/05/13/levis-commons-to-be-sold-to-outlet-developer/stories/20260513084 The Town Center at Levis Commons is being sold to an operator of outlet centers, its owners announced Wednesday. The Town Center at Levis Commons in Perrysburg. https://www.toledoblade.com/business/stock-market/2026/05/13/tech-carries-wall-street-records-most-stocks-fall-inflation-data/stories/20260513107 https://www.toledoblade.com/business/stock-market/2026/05/13/tech-carries-wall-street-records-most-stocks-fall-inflation-data/stories/20260513107#comments Wed, 13 May 2026 20:49:53 GMT https://www.toledoblade.com/business/stock-market/2026/05/13/tech-carries-wall-street-records-most-stocks-fall-inflation-data/stories/20260513107 NEW YORK — A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U.S. stocks fell following another discouraging update on inflation. Trader Edward McCarthy works on the floor of the New York Stock Exchange on May 13. Specialist Michael Pistillo, left, and trader Fred's Demarco work on the floor of the New York Stock Exchange on May 13. https://www.toledoblade.com/business/real-estate/2026/05/13/Real-estate-transfers-5-13-1/stories/20260513002 https://www.toledoblade.com/business/real-estate/2026/05/13/Real-estate-transfers-5-13-1/stories/20260513002#comments Wed, 13 May 2026 10:38:45 GMT https://www.toledoblade.com/business/real-estate/2026/05/13/Real-estate-transfers-5-13-1/stories/20260513002 May 1-May 7, 2026 Real estate transfers https://www.toledoblade.com/business/stock-market/2026/05/12/wall-street-record-setting-run-halts-ai-stocks-slump-oil-prices-rise/stories/20260512103 https://www.toledoblade.com/business/stock-market/2026/05/12/wall-street-record-setting-run-halts-ai-stocks-slump-oil-prices-rise/stories/20260512103#comments Tue, 12 May 2026 21:41:59 GMT https://www.toledoblade.com/business/stock-market/2026/05/12/wall-street-record-setting-run-halts-ai-stocks-slump-oil-prices-rise/stories/20260512103 A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run Tuesday. Options trader Brian Garvey, center, works on the floor of the New York Stock Exchange on May 11. https://www.toledoblade.com/business/real-estate/2026/05/12/u-s-home-sales-flat-in-april-as-lackluster-spring-homebuying-season-lurches/stories/20260512078 https://www.toledoblade.com/business/real-estate/2026/05/12/u-s-home-sales-flat-in-april-as-lackluster-spring-homebuying-season-lurches/stories/20260512078#comments Tue, 12 May 2026 10:45:40 GMT https://www.toledoblade.com/business/real-estate/2026/05/12/u-s-home-sales-flat-in-april-as-lackluster-spring-homebuying-season-lurches/stories/20260512078 Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year. A for sale sign is posted outside a home, Feb. 10, 2026, in Nashville, Tenn. https://www.toledoblade.com/business/retail/2026/05/12/amazon-looks-to-redefine-a-need-for-speed-with-30-minute-deliveries/stories/20260512077 https://www.toledoblade.com/business/retail/2026/05/12/amazon-looks-to-redefine-a-need-for-speed-with-30-minute-deliveries/stories/20260512077#comments Tue, 12 May 2026 10:40:17 GMT https://www.toledoblade.com/business/retail/2026/05/12/amazon-looks-to-redefine-a-need-for-speed-with-30-minute-deliveries/stories/20260512077 NEW YORK — More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers' most urgent product needs in a half-hour or less for an extra fee. An Amazon truck makes deliveries in Wheeling, Ill., May 16, 2024. https://www.toledoblade.com/business/stock-market/2026/05/11/oil-prices-rise-iran-war-drags-on-but-us-stocks-inch-more-records/stories/20260511097 https://www.toledoblade.com/business/stock-market/2026/05/11/oil-prices-rise-iran-war-drags-on-but-us-stocks-inch-more-records/stories/20260511097#comments Mon, 11 May 2026 21:11:05 GMT https://www.toledoblade.com/business/stock-market/2026/05/11/oil-prices-rise-iran-war-drags-on-but-us-stocks-inch-more-records/stories/20260511097 NEW YORK — Oil prices rose Monday as the war with Iran threatens to drag on for longer, but the U.S. stock market nevertheless inched toward more records. Specialists Anthony Matesic, left, and Dilip Patel work on the floor of the New York Stock Exchange on May 11. https://www.toledoblade.com/business/retail/2026/05/11/japanese-video-game-maker-Nintendo-raises-Switch-price-forecasts-lower-profits-1/stories/20260511021 https://www.toledoblade.com/business/retail/2026/05/11/japanese-video-game-maker-Nintendo-raises-Switch-price-forecasts-lower-profits-1/stories/20260511021#comments Mon, 11 May 2026 10:24:28 GMT https://www.toledoblade.com/business/retail/2026/05/11/japanese-video-game-maker-Nintendo-raises-Switch-price-forecasts-lower-profits-1/stories/20260511021 TOKYO — Nintendo’s annual profit surged 52 percent in the last fiscal year, lifted by solid sales of its Switch 2 machines and software, the company announced Friday. A Nintendo sign is seen outside Nintendo's official store in the Shibuya district of Tokyo, Jan. 23, 2020. https://www.toledoblade.com/business/technology/2026/05/11/ai-isn-t-actually-taking-your-job-here-s-what-s-happening-instead/stories/20260511022 https://www.toledoblade.com/business/technology/2026/05/11/ai-isn-t-actually-taking-your-job-here-s-what-s-happening-instead/stories/20260511022#comments Mon, 11 May 2026 10:24:41 GMT https://www.toledoblade.com/business/technology/2026/05/11/ai-isn-t-actually-taking-your-job-here-s-what-s-happening-instead/stories/20260511022 AI probably won’t take your job anytime soon. At least not all of it. https://www.toledoblade.com/business/automotive/2026/05/10/monroe-superstore-car-dealer-celebrates-60-years-business/stories/20260505097 https://www.toledoblade.com/business/automotive/2026/05/10/monroe-superstore-car-dealer-celebrates-60-years-business/stories/20260505097#comments Sun, 10 May 2026 12:00:00 GMT https://www.toledoblade.com/business/automotive/2026/05/10/monroe-superstore-car-dealer-celebrates-60-years-business/stories/20260505097 MONROE — After 60 years of unpredictability, Monroe Superstore is still going strong. Ralph Mahalak, Jr., owner of the Monroe Superstore, sits in his car outside of his storefront in Monroe on April 30. A “Low Payment Kings” mural is displayed on the side of the Monroe Superstore in Monroe on April 30. Nick Mahalak, floor manager and Ralph Mahalak, Jr.’s son, stands outside of the Monroe Superstore storefront in Monroe on April 30. A painting of Ralph Mahalak, Jr.’s father, Ralph Mahalak, Sr., is displayed inside of the Monroe Superstore in Monroe on April 30. Ralph Mahalak, Jr., owner of Monroe Superstore, talks with an employee while standing near a “Low Payment Kings” license plate sign inside of his store in Monroe on April 30. Ralph Mahalak, Jr. owner of Monroe Superstore, sits in his car outside of his storefront in Monroe on April 30. Ralph Mahalak, Jr., owner of Monroe Superstore, stands next to a painting of his father, Ralph Mahalak, Sr., in Monroe on April 30. Ralph Mahalak, Jr., owner of Monroe Superstore, points to a “Low Payment King” license plate sign inside of his store in Monroe on April 30. The exterior of the Monroe Superstore is showcased in Monroe on April 30. Nick Mahalak, floor manager and Ralph Mahalak, Jr.’s son, stands outside of the Monroe Superstore storefront in Monroe on April 30. Ralph Mahalak, Jr., owner of Monroe Superstore, sits in his car outside of his storefront in Monroe on April 30. The exterior of the Monroe Superstore in Monroe. The exterior of the Monroe Superstore is showcased in Monroe. https://www.toledoblade.com/business/retail/2026/05/10/yemen-coffee-culture-united-states/stories/20260510048 https://www.toledoblade.com/business/retail/2026/05/10/yemen-coffee-culture-united-states/stories/20260510048#comments Sun, 10 May 2026 11:33:58 GMT https://www.toledoblade.com/business/retail/2026/05/10/yemen-coffee-culture-united-states/stories/20260510048 SUNNYVALE, Calif. — Hundreds of years ago, Yemen helped introduce the world to coffee. Lately, the mountainous, war-ravaged country that borders Saudi Arabia and Oman is exporting something else: its coffee culture. Franchisee Ahmad Badr serves a drink and treat sampler at Arwa Yemeni Coffee on April 6 in Sunnyvale, Calif. A customer enters Arwa Yemeni Coffee on April 6 in Sunnyvale, Calif. Customers are seen inside Arwa Yemeni Coffee on April 6 in Sunnyvale, Calif. Hanan Jomaa drinks an iced pistachio latte inside Arwa Yemeni Coffee on April 6 in Sunnyvale, Calf. Customers sit inside Jabal Coffee House in Ann Arbor on April 20. https://www.toledoblade.com/business/labor/2026/05/10/i-am-trying-to-stay-alive-jobs-at-mom-and-pop-shops-are-disappearing/stories/20260511007 https://www.toledoblade.com/business/labor/2026/05/10/i-am-trying-to-stay-alive-jobs-at-mom-and-pop-shops-are-disappearing/stories/20260511007#comments Sun, 10 May 2026 11:33:50 GMT https://www.toledoblade.com/business/labor/2026/05/10/i-am-trying-to-stay-alive-jobs-at-mom-and-pop-shops-are-disappearing/stories/20260511007 NEW YORK — Shirley Modlin started her manufacturing business 20 years ago in her garage with her husband. Now, she fears the company won’t survive. A job seeker at a hiring event on April 28 in Inglewood, CaliF. The smallest businesses in tariff-exposed industries have been most aggressive in layoffs since April, 2025. President Trump attends a Small Business Summit in the East Room of the White House. https://www.toledoblade.com/business/technology/2026/05/09/roomba-pioneer-household-market-ai-powered-pet-robot/stories/20260509005 https://www.toledoblade.com/business/technology/2026/05/09/roomba-pioneer-household-market-ai-powered-pet-robot/stories/20260509005#comments Sat, 09 May 2026 11:04:44 GMT https://www.toledoblade.com/business/technology/2026/05/09/roomba-pioneer-household-market-ai-powered-pet-robot/stories/20260509005 The robotics pioneer who helped unleash the Roomba vacuum is now betting that you might one day replace your beloved dog or cat with a plush robot that follows you around your home and adapts to your daily habits. https://www.toledoblade.com/business/automotive/2026/05/09/behind-the-wheel-these-are-the-top-used-suvs-under-20-000-for-teen-drivers/stories/20260509008 https://www.toledoblade.com/business/automotive/2026/05/09/behind-the-wheel-these-are-the-top-used-suvs-under-20-000-for-teen-drivers/stories/20260509008#comments Sat, 09 May 2026 11:30:00 GMT https://www.toledoblade.com/business/automotive/2026/05/09/behind-the-wheel-these-are-the-top-used-suvs-under-20-000-for-teen-drivers/stories/20260509008 Teen drivers are inexperienced, take risks, and are easily distracted when they’re behind the wheel. Those factors are among the findings that contribute to what the Centers for Disease Control and Prevention says is the leading cause of death and injury in teens age 13 to 19 years old: motor vehicle crashes. The 2022 Chevrolet Trailblazer is a practical SUV that offers Teen Driver technology, which lets parents monitor their child's driving habits from home. The 2019 Hyundai Santa Fe is a midsize SUV with an array of standard driver assist features to help keep a teen driver safe on the road. Pictured is a 2021 Mazda CX-5. For 2018, the CX-5 offered standard blind-spot monitoring and rear cross-traffic alert and earned top ratings in crash testing. The 2020 Forester offers standard all-wheel drive and many standard driver assist features that can help a teen new to driving. The 2022 ID.4 is an electric SUV that offers an impressive list of standard safety features and a subscription-based system that helps in the case of a crash. https://www.toledoblade.com/business/retail/2026/05/09/secretive-business-buying-ube-internet-food-craze/stories/20260509004 https://www.toledoblade.com/business/retail/2026/05/09/secretive-business-buying-ube-internet-food-craze/stories/20260509004#comments Sat, 09 May 2026 11:05:55 GMT https://www.toledoblade.com/business/retail/2026/05/09/secretive-business-buying-ube-internet-food-craze/stories/20260509004 Jeffrey Cesari grew up eating ube, a purple yam native to the Philippines, whenever he visited his relatives there. But seven months ago, when he encountered it in a latte at a Turkish cafe, it suddenly sparked a business idea. Coconut Ube coffee served at Vietnamese Coffee shop in Fountain Valley, Calif. Jeffrey Cesari sampled different types of ube powder from the Philippines for an ube latte mix he wants to launch this summer. Ube is mostly grown in the Philippines, where production of the root crop declined in 2025. A purple yam known as ube is served on a plate. Jeffrey Cesari took a two-hour boat ride to meet with a 73-year-old farmer and others who could help him buy ube. https://www.toledoblade.com/business/stock-market/2026/05/08/us-stocks-rise-records-after-solid-jobs-report-overshadows-higher-oil-prices/stories/20260508101 https://www.toledoblade.com/business/stock-market/2026/05/08/us-stocks-rise-records-after-solid-jobs-report-overshadows-higher-oil-prices/stories/20260508101#comments Fri, 08 May 2026 20:28:32 GMT https://www.toledoblade.com/business/stock-market/2026/05/08/us-stocks-rise-records-after-solid-jobs-report-overshadows-higher-oil-prices/stories/20260508101 NEW YORK — The U.S. stock market rose to records Friday following the latest sign that the nation’s job market is doing better than economists expected. Options trader Justin Kanda works on the floor of the New York Stock Exchange on May 7. https://www.toledoblade.com/business/stock-market/2026/05/07/stocks-fall-records-oil-prices-yo-yo/stories/20260507108 https://www.toledoblade.com/business/stock-market/2026/05/07/stocks-fall-records-oil-prices-yo-yo/stories/20260507108#comments Thu, 07 May 2026 21:29:41 GMT https://www.toledoblade.com/business/stock-market/2026/05/07/stocks-fall-records-oil-prices-yo-yo/stories/20260507108 NEW YORK — U.S. stocks fell from their records Thursday after oil prices yo-yoed as Wall Street waits to see whether its hopes for a deal to end the Iran war are warranted or just wishful. Robert Finnerty, Jr., foreground right, works with colleagues on the floor of the New York Stock Exchange on May 7.