breaking news

Greenon students killed in crash to be honored by NASCAR team

In brief


AVIATION

More people flying from Dayton airport

The number of passengers boarding planes at Dayton International Airport rose in April by 3.6 percent from 102,900 to 106,578 in the same month in 2012.

Year to date, passenger boardings are up 2.3 percent from 393,585 in 2012 to 402,674 this year.

Airport Director of Aviation Terry Slaybaugh said that the numbers are good given continuing airline industry changes. “If you look at the industry now with the reduction of seats by the airlines and equipment declines, passengers are still coming to Dayton,” he said.

Air cargo, however, has dropped 41 percent from 4,378 tons to 2,584 tons. Slaybaugh said the number is somewhat distorted by an unusually large shipping order handled by Federal Express last year. STEVE BENNISH

DISTRIBUTION

A-B buys Lima beer distributorship

Anheuser-Busch officials announced Friday that it has reached an agreement with C&G Distributing Co. in Lima to purchase the beer distributorship.

The Cecala and Guagenti families have owned and operated C&G for more than 60 years, and since 1967, the family-owned distributor has been selling Anheuser-Busch products in a nine-county area in west-central Ohio, according to a brewery news release.

Legislation approved and signed into law by Gov. John Kasich earlier this month will block beer makers such as Anheuser-Busch from purchasing beer distributorships, but that law does not take effect until July 1. Anheuser-Busch already owns a Canton-area beer distributorship and had opposed that portion of the bill.

Anheuser-Busch has operated a brewery in Columbus for about 40 years and employs a combined 800 at the brewery and the Canton distributorship. MARK FISHER

INVESTING

DETROIT — Shares of General Motors reached an important milestone on Friday, topping their initial public offering price of $33 for the first time in more than two years.

The automaker’s stock, which has been on a tear since January, reached $33.58 Friday morning before slipping back to $33.52, up 3.5 percent, around midday. The auto giant sold shares to the public for $33 in a November 2010 IPO, but they hadn’t traded above that price since May 4, 2011.

The rally is good news for the U.S. Treasury, which has been selling off its GM holdings. Taxpayers still own 241.7 million shares, as a result of the government’s $49.5 billion bailout of the company in 2008 and 2009.

GM two weeks ago reported strong first-quarter earnings on sales in North America and China. The shares have gained almost 14 percent this year. ASSOCIATED PRESS


Reader Comments ...


Next Up in Business

BBB warns job seekers about employment scams
BBB warns job seekers about employment scams

Finding a job can be a challenging task, and scammers know it. Better Business Bureau warns job seekers that not all job postings are legitimate. Some may misrepresent services, offer outdated or fictitious jobs or charge high upfront fees for services that may not lead to a job. Last year, there were over 1,300 complaints across the U.S., Canada and...
Parents get late start to back-to-school shopping
Parents get late start to back-to-school shopping

Nearly a quarter of parents haven’t started shopping for back-to-school items yet, and national retailers are feeling the impact. Of parents surveyed last week, only 13 percent had completed all their shopping, and 23 percent had not started at all, according to the National Retail Federation, which forecast families will spend $83.6 billion...
5 new flight options out of Cincinnati and Dayton airports
5 new flight options out of Cincinnati and Dayton airports

Air carriers have added dozens of new flights out of the Cincinnati/Northern Kentucky International Airport and the Dayton International Airport in the past year. Cincinnati’s airport just announced that WOW air will add services — bringing discount, international flights to travelers in Southwest Ohio. The low-cost transatlantic airline...
Starbucks introduces their own sushi burrito
Starbucks introduces their own sushi burrito

The coffee giant is at it again, this time jumping onto the sushi burrito bandwagon. Starbucks calls it a Chicken Maki Roll and lists it under sandwiches. The company has labeled the new concoction “a classic California chicken burrito with a twist,” according to the corporation’s press release. Unfortunately for us in Ohio...
Crowds line up in Springfield stores for $700M Powerball jackpot
Crowds line up in Springfield stores for $700M Powerball jackpot

With a near-record Powerball jackpot worth $700 million, a steady stream of customers filed into the Plum Food Mart in Springfield and other stores across Clark and Champaign counties on Wednesday. Plum Food Mart’s owners expected progressively bigger crowds as the clock ticked toward Wednesday night’s drawing, and the business planned...
More Stories