Latest local business news
Home sales rise again in April
Homes sales rose again in April across the area and the state, continuing a near solid string of monthly increases over the past year.In the Dayton metro area, sales for the month rose 14.5 percent to 1,085 homes compared to April 2012, according to the Ohio Association of Realtors. The ...
Kettering-based chain opens 50th restaurant
The Kettering-based Hot Head Burritos chain has reached an important milestone, opening its 50th store in Urbana, Hot Head founder and President Ray Wiley said this morning.Wiley said at least 10 more Hot Head locations are in various stages of development in Ohio and surrounding states. The Kettering-based Mexican restaurant ...
Champaign gains 300 jobs in month
Unemployment in Champaign County dropped 1.4 percentage points in April, the largest drop in the Clark-Champaign area in at least five years.Champaign County’s unemployment rate fell from 7.7 percent in March to 6.3 percent in April, mainly because of job gains in the county, according to the Ohio Department of ...
Home Depot, Best Buy have different earnings success
Home Depot Inc. and Best Buy Co. — two major retailers with stores in the Dayton, Springfield and Hamilton areas — reported widely different quarterly earnings on Tuesday. Home Depot’s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly ...
New Carlisle extends Internet cafe moratorium
The city of New Carlisle on Monday again extended a moratorium on Internet cafes opening in the city while it waits on legislation from the state on the controversial businesses.The unanimous vote by the city council came a day before action was expected by state legislators on Tuesday regulating the ...
Expansion to improve traffic flow
The Valero gas station at 2118 E. Main St. will expand with a drive-through later this year.The Springfield Board of Zoning Appeals approved a conditional use permit for the expansion at its meeting Monday by a vote of 6-0.According to public documents, the owner, Ragwir Singh of Jagraon Enterprises, is ...
Credit union unveils new video tellers
Wright-Patt Credit Union Inc. unveiled new automated teller machine technology Tuesday at a new branch office in Springboro. The machines let users video conference from inside the lobby or the drive-through with remote tellers. The tellers actually sit in offices near the Dayton Mall, said Doug Fecher, credit union president ...
Gas, beef prices spike before holiday weekend
The prices of two staples of the Memorial Day weekend — beef and gasoline — are jumping just in time for the holiday. Wholesale prices of some grades and cuts of beef have reached all-time highs at the same time the region’s gasoline prices have spiked 20 cents a gallon ...
Consumer spending will help to offset sequester, economists say
By Jim PuzzangheraLos Angeles Times(MCT)WASHINGTON — Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government’s automatic budget cuts, a panel of economists said Monday.The National Association for Business Economics estimated ...
Ohio universities freeze tuition amid concern over college costs
In response to ballooning student loan debt, which now exceeds $1 trillion nationwide, a new trend is emerging this year: universities voluntarily freezing tuition. The presidents of three of Ohio’s largest universities, Ohio State, the University of Cincinnati and the University of Toledo, say students and their families need relief. ...
Gas industrial complex has us over a barrel
There are a few certainties in life: the sunshine will come out tomorrow if you are lucky, you’ll be taxed (particularly if your name is Tea Party Patriot Johnson), someday you know will die and gas prices will rise. I don’t make up the rules, I simply write about them. ...
Zact: The best no-contract wireless plan yet?
Is owning a smarthpone smart if the monthly bills put you in the poorhouse? Not so much. Thankfully, a growing number of upstart carriers are trying to make smartphone pricing cheaper and more manageable. Republic Wireless, for example, offers service for just $19 per month, and as I mentioned a ...
United starts flying Boeing 787s again
United restarts 787 flights after groundingBy Joshua FreedAP Airlines WriterUnited Airlines is again flying the 787, four months after smoldering batteries forced the plane to be grounded worldwide.A United 787 flight took off from Houston on Monday morning and landed in Chicago.United Continental Holdings Inc. has six 787s. Battery problems ...
Ohio to bolster checks on home health care workers
Ohio officials plan to bolster criminal background checks for those home health-care workers who provide direct care to the disabled and elderly.The state has received a $2.1 million federal grant to provide increased reviews for more than 100,000 workers who serve patients in Medicaid- and Medicare-funded settings.Gov. John Kasich’s administration ...
Yahoo takes big leap with $1.1B deal for Tumblr
By Michael LiedtkeAP Technology WriterSAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times.The deal announced Monday is Mayer’s boldest move since she left Google 10 months ago to lead ...
P&G sues Utah-based company for alleged patent infringement
CINCINNATI —The Procter & Gamble Co. today filed a lawsuit in the Southern District of Ohio against CAO Group Inc., a Utah-based manufacturer and distributor of dental products.The lawsuit alleges that CAO Group is violating P&G’s intellectual property by manufacturing and selling its “Sheer White,” “Sheer FluorX,” and “Sheer DesenZ” ...
Dark clouds hang over air shows after budget cuts
Federal budget cuts that eliminated military flying acts triggered the cancellation of dozens of air shows, meaning lost income for performers, air show announcers, concessionaires, vendors and others who depend on air shows and the millions of spectators. All told, 64 air shows including the Great State of Maine Air ...
For many, fewer hours not a choice
Many of the jobs created since the start of the economic recovery have been part-time positions, and millions of U.S. workers, including many Ohioans, are stuck working part-time because of the weak labor market. Employers often choose to hire part-time workers to keep payroll costs low and make it easier ...
Champaign wind farm decision nears
The Ohio Power Siting Board may decide this month whether the second phase of the Buckeye Wind Project will move forward after more than a year of debate and rising tensions between some Champaign County neighbors and the company in charge of the project.It would include construction of 56 wind ...
City to improve parking lot before garage is built
The city-owned gravel parking lot on the corner of North Fountain Avenue and West Columbia Street will get a facelift later this year.The paved lot will create approximately 104 parking spots, including five handicapped spots. Trees and other landscaping will be located along the perimeter of the property, which will ...
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