Business
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Dept. of Labor suing Dayton company over wages
The U.S. Department of Labor has filed a lawsuit in federal court against Dayton-based R & R Takhar Operations Inc. to recover back wages and liquidated damages due to 80 employees.An investigation by the department’s Wage and Hour Division disclosed violations of the Fair Labor Standards Act’s minimum wage, overtime ...
Chrysler agrees to recall of Jeeps at risk of fire
DETROIT — Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant posture and avoiding a possible public relations nightmare over fuel tanks that can catch fire in a rear-end collision. In deciding on the recall, Chrysler avoided a showdown with government safety regulators that could ...
Wake-up call: Starbucks to post calorie counts
NEW YORK — Starbucks has a new way to wake up its customers: showing the calories in its drinks. The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require it to do so. Calorie counts ...
Kings Island, Cedar Point top parks for attendance
Ohio’s Kings Island and Cedar Point were the most visited theme parks in the nation last year outside of the usual hot spots in Florida and California, according to a new report from an industry trade group. Cedar Point in Sandusky came in 14th in the nation in attendance, and ...
Duke Energy names insider as next CEO
NEW YORK — Duke Energy Corp., the nation’s largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO. Rogers, 65, will retire on July 1. He agreed to step down by the end of the year as part of a settlement with North ...
How to Invest When Interest Rates Rise
Kiplinger investing editor Manny Schiffres offers advice on getting your portfolio ready for rising interest rates.
Major shareholder balks at bid
By Michael FelberbaumAP Business WriterRICHMOND, Va. (AP) — One of Smithfield Foods Inc.’s largest shareholders says a $4.72 billion takeover bid from China’s largest meat producer falls short of what the company would be worth if sold off piece by piece.In a letter to the Smithfield, Va.-based pork producer’s board ...
Food companies work to make it look natural
By Candice ChoiAP Food Industry WriterNEW YORK (AP) — Food companies are responding to the adage that people eat with their eyes.Americans still love their fast food and packaged snacks, but they’re increasingly turning their noses up at foods that look overly processed. Home-cooked meals — or ones that at ...
Homebuilders hopes rise to 7-year high
For the first time in seven years, homebuilders nationwide have more positive things to say about their business than negative, according to new survey results released Monday. The National Association of Home Builders/Wells Fargo builder sentiment index leaped to 52 this month from 44 in May. A reading above 50 ...
Report: Ohio a manufacturing ‘powerhouse’, but needs to focus on workforce
Ohio continues to be a crucial manufacturing and logistics state, according to a new report from an Indiana university. Ball State University’s 2013 Manufacturing and Logistics Report Card, an analysis from Ball State’s Center for Business and Economic Research, grades all 50 states on factors that impact manufacturing and logistics ...
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