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July 25, 2010
The Herald-Star

HIGHWAY GROUP: The Columbus-to-Pittsburgh Corridor Steering Committee will meet Friday in Coshocton.

The group, working through representatives along a seven-county corridor stretching from Franklin to Jefferson counties, is seeking completion of a four-lane direct link between the two cities.

A feasibility study on a 28-mile section through Harrison County is to be released this fall.

The group will meet at the Central Ohio Technical College in the historic Roscoe Village section of Coshocton.

Ed Looman, executive director of Progress Alliance, serves as co-chairman of the highway committee. Local Realtor Anthony Guida is the other Jefferson County representative.


The Office of the Ohio Consumers' Counsel has announced it will have a "Beat the Heat" theme for its display in the Marketplace building at the Ohio State Fair from Wednesday through Aug. 8.

Among its display items is a wheel where consumers can spin and answer an energy efficiency-related question, as well as a number of publications available. OCC also suggests shading the home with trees and shrubs, especially on the south and southwest sides, and using fans instead of air conditioners when possible to save energy consumption.

VETS ROUNDTABLES: The U.S. Small Business Administration will conduct a series of veterans business roundtables across West Virginia in August. The events are being held in conjunction with the West Virginia Small Business Development Center, the West Virginia Women's Business Center and the Service Corps of Retired Executives.

The nearest one to the area will be held in New Martinsville at the West Virginia Northern Community College branch on Aug. 19, beginning at 6 p.m.

The free events will include tips for veterans and their spouses to start or expand small businesses. The two-hour agenda includes information on business loans for veterans, small business resources and tips on obtaining government contracts, as well as information about the state Veterans Business Summit to be held Sept. 14 in Fairmont.

Registration for the roundtable or the business summit may be made at or by calling (800) 767-8052, extension 8.

CHAMBER LUNCH: The Jefferson County Chamber of Commerce's quarterly business luncheon on Thursday will feature a discussion of fraud protection for business, presented by Timothy S. Hefty, CPA.

The luncheon will take place at the Steubenville Country Club, 413 Lovers Lane from 11:30 a.m. to 1:30 p.m.

CREDIT RECOVERS: World credit markets are recovering from the the global recession as banks cautiously increase lending, data from the Bank for International Settlements indicated.

International banking loans climbed 2 percent from January to March, with financial institutions taking on $700 billion in new foreign exposure, the Basel, Switzerland-based institution said. It said that U.S. and British banks were leading the way, providing nearly half the new loans. That could indicate renewed strength among lenders from the two financial centers - even if some of the upswing probably reflected major banks shifting assets among offshore subsidiaries.

But the collective data clearly shows the start of a nascent turnaround, after the September 2008 stock market collapses caused international banking to contract by 11 percent, or $3.4 trillion.

The BIS, which coordinates activity among the world's central banks, said U.S. banks added $212 billion in foreign exposure in the first quarter of 2010.

(Send news items or photographs for inclusion in the Sunday Business section to Paul Giannamore, Business Editor, 401 Herald Square, Steubenville, OH 43952; or fax to (740) 284-7355 or via e-mail at We cannot guarantee the return of photographs. Questions? Call Giannamore at (740) 283-4711, ext. 357.)

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