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Timken's credit rating lowered by Moody's
Other morning headlines: Governor Kasich marks anniversary of 9/11 attacks; Two guards on leave after Castro suicide; Power outage affecting more than 1,000 customers
by WKSU's JEFF ST. CLAIR
and LAUREN SCHMOLL


Reporter / Host
Jeff St. Clair
 
  • Governor Kasich marks anniversary of 9/11 attacks
  • Two guards on leave after Castro suicide
  • Power outage affecting more than 1,000 customers
  • Timken's credit rating lowered by Moody's
  • Linndale approves new charter with 16 votes
  • Ohio ranked first in mortgage fraud
  • Kasich joins education officials to launch new grant plan
  • Northeast Ohio guard enters guilty plea for assaulting inmate
  • State Department of Agriculture investigating mysterious dog virus
  • Cuyahoga Valley Park hikers find jawbone
  • Governor Kasich marks anniversary of 9/11 attacks
    Ohio Gov. John Kasich will mark the 12th anniversary of the 9/11 terrorist attacks with a remembrance ceremony in Columbus.
    Kasich has ordered flags be flown at half-staff and asked that all Ohioans observe a moment of silence starting at 8:46 a.m. – the time when the first plane struck.
    Other ceremonies are scheduled across the state.

    Two guards on leave after Castro suicide
    Ohio prison officials have placed two guards on leave during investigations into the suicide of Cleveland kidnapper and rapist Ariel Castro.
    A prisons spokeswoman says the two guards were on duty in the prison unit where Castro hanged himself.
    The two are on paid administrative leave until internal investigations by the department and a criminal investigation by the state highway patrol are completed.
    Guards Caleb Ackley and Ryan Murphy both joined the agency in 2007 and neither has ever been disciplined.
    A union official  says the two are being made scapegoats for Castro's suicide.
    The 53-year-old Castro hanged himself with a bedsheet earlier this month.

    Power outage affecting more than 1,000 customers
    More than 1,000 Northeast Ohioans are without power this morning.
    Tens of thousands lost power last evening in scattered outages across the region.
    Provider FirstEnergy reports a vehicle accident knocked out power for around 900 Akron customers.
    High heat is believed to have been a factor in other outages.
    Northeast Ohio was under a heat advisory Tuesday with temperatures in the mid-90s.

    Timken's credit rating lowered by Moody's
    A plan by the Canton-based steel and bearings maker Timken Corporation to split into two publicly traded entities is not sitting well with Moody’s Investors Service.
    The credit rating agency downgraded Timken’s outlook from stable to negative… despite a positive reaction on Wall Street, when the company announced the split last week.
    Moody’s says the spinoff of Timken’s steel business leaves the credit of its bearings and transmissions business uncertain, according to The Plain Dealer.
    Adding to that concern is the decision of two top executives to leave when the transition is complete, and the fact that the spinoff was sparked by activist investors.
    The downgrade will make it more expensive for Timken to borrow money.
    Timken says it is still confident the plan will be successful. 

    Linndale approves new charter with 16 votes
    The tiny village of Linndale approved a new charter in Tuesday’s election with just 16 votes.
    The Plain Dealer reports village leaders hope the new charter will allow it to keep more of the money it makes through speeding tickets.
    The new charter creates a waiver bureau which will allow the village to collect fines directly, and set up traffic cameras.

    Ohio ranked first in mortgage fraud
    Mortgage fraud has been a growing problem in Ohio for the last five years, and now… the state is ranked number one in the annual mortgage fraud report by Lexis Nexis.
    According to the Columbus Dispatch, the state had twice the rate of reported fraud than average, mostly from misrepresentation on mortgage applications.
    The report doesn’t give a reason for the ranking, nor does it list the total number of cases.
    The Ohio Bankers League said it was unfamiliar with the report’s methodology, so it can’t explain the trend of Ohio moving up on the list.
    The report also listed Ohio as having the 5th highest percentage of loans in default in 2012: 3.41 percent.

    Kasich joins education officials to launch new grant plan
    Gov. John Kasich is joining top state education officials to launch a plan for doling out grants through Ohio's new $250 million education innovation program.
    The Straight A Fund was part of the $62 billion, two-year state budget enacted July 1.
    It's designed to reward creative educational ideas and programs that boost student achievement, reduce spending or target an impressive share of resources into the classroom.
    Straight A grants will be available to traditional public schools, community schools, STEM schools, and individual teachers.

    Northeast Ohio guard enters guilty plea for assaulting inmate
    A former northeast Ohio prison guard has pleaded guilty to a charge of assaulting an inmate.
    U.S. Attorney Steven Dettelbach in Cleveland on Tuesday announced the plea of 47-year-old Marlon Taylor, of Vermilion.
    Taylor is charged with depriving an inmate the right to be free from cruel and unusual punishment.
    Prosecutors allege Taylor on July 2012 repeatedly struck and injured the inmate at the Lorain County Jail.
    Conviction carries a maximum 10-year prison sentence.

    State Department of Agriculture investigating mysterious dog virus
    The state's Department of Agriculture is investigating whether four Ohio dogs had the same illness before dying and whether that disease was caused by a newly detected virus.
    The Columbus Dispatch reports the department on Friday asked veterinarians in the state to watch for symptoms of vomiting, bloody diarrhea, weight loss and lethargy.
    A department spokeswoman says it is unknown where the virus comes from and how it spreads. A fecal sample from one of the dead dogs tested positive for canine circovirus, a newly isolated virus.
    A spokeswoman for the Ohio State University Veterinary Medical Center says the center performed a necropsy on another one of the dogs but couldn't determine a cause of death. The center has given the department samples from the dog for further testing.

    Cuyahoga Valley Park hikers find jawbone
    Hikers found a jawbone in Ohio's Cuyahoga Valley National Park and searchers then found additional human remains including a partial skull.
    The discovery of the human remains and clothing was under investigation Tuesday as a possible homicide in the park located between Cleveland and Akron.
    The investigation involves the National Park Service, FBI agents and the Summit County medical examiner.
    Chief investigator Gary Guenther with the medical examiner's office says there's been no determination on body size, gender, race or age.
    Park service spokeswoman Jennie Vasarhelyi says the jawbone was spotted by hikers late Monday off a trail in Boston Township south of Peninsula.
    The Akron Beacon Journal reports a city detective investigating a missing teenager went to the search location Tuesday.

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