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Noon headlines, April 26, 2013: Goodyear Q1 profits; Oberlin shooting
Goodyear posts first-quarter profit; Chrysler investing $20 million in Toledo; 4 shot in Oberlin

In The Region:
  • Goodyear posts first-quarter profit despite downturn in sales
  • Chrysler investing $20 million in Toledo plant
  • 4 shot in Oberlin; no one charged
  • Goodyear posts first-quarter profit
    Akron-based Goodyear reported a first-quarter profit as lower raw material costs helped offset a decline in global tire sales.
    The company beat Wall Street estimates and earned $26 million, up from an $11 million loss in the same period last year.
    The company’s sales dropped 13 percent North America and 17 percent in Europe.

    Oberling shooting
    Four people were treated and released from the hospital for gunshot wounds following a dispute late last night in Oberlin. Police have arrested a 24-year old male suspect. And, they’ve recovered a 9mm handgun and shell casings from the apartment complex parking lot where the shootings occurred. The victims range in age from 17 to 26. Police say around 11:30 they received several 911 calls reporting shots being fired. The initial investigation indicates the shooting may have resulted from an escalating quarrel between the alleged shooter and one of the victims. So far, the suspect hasn’t been charged.

    Chrysler invests $20 million
    New tooling will be installed at the company's Toledo Machining Plant. Chrysler wants to boost manufacturing capacity of the torque converter for its new nine-speed transmission, made in Indiana. The pair is slated to debut in the Jeep Cherokee, and installation of equipment at the plant is scheduled for late next year.

    67 percent pass state bar
    The Ohio Supreme Court says 67 percent of the aspiring lawyers to take the most recent bar exam have passed.
    The court on Friday released the results of the Ohio Bar Examination administered in February.
    The passing rate is up from 63 percent last year, but down from 70 percent in 2011.
    Those who have satisfied all of the requirements for admission to the state bar can take the oath in a public session of the Supreme Court on May 6.

    The NFL draft continues tonight. And the Indians begin a four-game series in Kansas City.
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