Business Stories for November 2009
Stories for Monday, November 30
$1B ballot proposal unveiled for Third Frontier
COLUMBUS — Gov. Ted Strickland and House Speaker Armond Budish, D-Beachwood, want to put a $1 billion, five-year bond proposal on the May 2010 primary ballot to renew and expand the Third Frontier high-tech program.Not so fast, Senate President Bill Harris, R-Ashland, said on Monday, Nov. 30.Strickland and Budish are ...
Area home prices fell in third quarter, feds say
Home prices in Dayton and other Ohio cities fell in the third quarter, according to an index calculated by the Federal Housing Finance Agency.Home prices in the Dayton Metropolitan Statistical Area slipped 1.9 percent in the quarter, versus the same period in 2008, the agency reported. Based on third quarter ...
186 jobs on the line if plant's contract with Navistar not renewed
A Springfield Auto Truck Transport USA Inc. (ATT) site could be endangered if the company’s contract with Navistar is not renewed, ATT recently told the Ohio Department of Job and Family Services.ATT “is issuing this notice for purely precautionary reasons, as the plant closing would only be necessary if ATT’s ...
Stories for Saturday, November 28
Food bank names new director of operations
Jeff Miller has been named director of operations at the Second Harvest Food Bank of Clark, Champaign and Logan counties.The food bank serves families in need, and expects to provide 3.5 million pounds of food to area residents in the coming year.Miller, a 25-year resident of Springfield, is involved with ...
Stories for Friday, November 27
Springfield plant may close, says truck-delivery company
A company that delivers commercial vehicles may be forced to close its Springfield plant if it loses a major contract, the company said in a letter to state officials.Auto Truck Transport Corp. said all 186 employees in Springfield would likely lose their jobs if the company fails to renew its ...
DPL 'smart grid' project turned down for federal money
The U.S. Department of Energy has awarded $75 million to a Columbus utility for a project to install and demonstrate “smart grid” technology that could make the electricity distribution system more efficient, help customers reduce their power bills, and speed emergency responses to power failures. The Energy Department turned down ...
Hope peeks through gloomy news on jobs
COLUMBUS — Ohio’s jobless rate may be 10.5 percent but for the first time in a decade there’s a glimmer of hope in the state’s unemployment news, research analyst George Zeller reported on Friday, Nov. 27. During the most recent four-week period, the average number of unemployment claims statewide has ...
Stories for Wednesday, November 25
Radar units to be moved to Wright-Patt
WRIGHT-PATTERSON AIR FORCE BASE — It’s a daunting challenge: disassembling three 100-foot-tall towers and the radar units atop them in Rome, N.Y., trucking the components to Wright-Patterson Air Force Base and then reassembling them as part of relocating a sensors research program.“It’s a huge endeavor,” said David Jerome, director of ...
Time Warner to air ads about fee dispute with cable networks, broadcasters
Time Warner Cable Inc. will advertise in markets across the country this week in an attempt to persuade viewers that fees cable operators pay television stations and cable networks for the right to carry broadcast programming are increasing the monthly charges to cable customers. The ads on Time Warner cable ...
Ex-GM plant value $69M
The Montgomery County Board of Revision rejected General Motors Corp.’s attempt to lower the local property valuation of its former plant in Moraine, county officials said. The ruling’s upshot: Property taxes from the facility will be maintained for tax year 2008. The board “made their decision on the GM Moraine ...
UD Flyer Fund featured on CNBC today
DAYTON — The success of the University of Dayton’s Flyer Investments Team will be highlighted Wednesday, Nov. 25, on CNBC.The business news channel is scheduled to broadcast a report at 11:50 a.m. Wednesday about the strong performance of the student-managed Flyer Fund, according to university officials.The report also will note ...
Stories for Tuesday, November 24
Hiring for BRAC jobs to start in spring
WRIGHT-PATTERSON AIR FORCE BASE — Orchestrating the massive, multi-year relocation of jobs, equipment and programs from military outposts in other states to Wright-Patterson Air Force Base has its share of drama, challenges and achievements. These were among the developments that Air Force officials shared with reporters during a tour Tuesday, ...
Kroger to discuss 3Q results Dec. 8
Kroger Co. will host a conference call with company officers and industry analysts at 10 a.m. Dec. 8 to talk about financial results for the third quarter of the company’s fiscal 2009.The presentation can be heard online here.Replay of the call will be available from 1 p.m. Dec. 8 through ...
Stories for Monday, November 23
Springfield business to receive national BBB award
DAYTON — A Springfield business is among companies that will be honored next year with a prestigious national award from the parent organization of Better Business Bureaus.Villa Springfield Health and Rehabilitation Center, a 110-bed health care facility, was chosen to receive a BBB International Torch Award for marketplace excellence. The ...
18% of Ohio hospitals plan layoffs, survey shows
COLUMBUS — A new statewide survey by the Ohio Hospital Association found 18 percent of responding hospitals plan to lay off additional employees.The survey also found that of the 75 responding hospitals:• about half plan to leave future vacancies unfilled;• 39 percent plan to reduce or eliminate services;• 49 percent ...
Stories for Friday, November 20
State jobless rate jumps to 10.5 percent
COLUMBUS — Ohio’s unemployment rate was on the rise again in October, jumping to 10.5 percent after two months of slight decreases, the Ohio Department of Job and Family Services reported Friday, Nov. 20. It was the seventh straight month of double-digit unemployment in the state, a stretch not seen ...
Stories for Thursday, November 19
FAA: Cause of flight delays has been cleared up
DAYTON — A software problem within the Federal Aviation Administration’s system prompted flight delays at Dayton International Airport and across the nation Thursday, Nov. 19.The problem was cleared up by about 9 a.m., but some flight delays or cancellations later in the day were still possible, the FAA said. Air ...
Stories for Wednesday, November 18
Villa Springfield wins national BBB award
Villa Springfield, a 110-bed health care facility, is one of three companies in the nation to win the top award for business integrity given by the Better Business Bureau.The facility, at 701 Villa Road, won the 2009 BBB International Torch Award for ‘its commitment to integrity... exhibited by how it ...
Report: Ohio should help companies pay for energy conservation
COLUMBUS — The state should provide financial assistance to help manufacturers pay for energy-conservation devices that could cut their costs and reduce emissions of polluting gases that contribute to global warming, the nonpartisan policy research organization Policy Matters Ohio says.In a new report, the organization concluded that manufacturers often don’t ...
Stories for Tuesday, November 17
Wright-Patt wants to help workers quit smoking
WRIGHT-PATTERSON AIR FORCE BASE — Base officials will spend the day on Thursday, Nov. 19, encouraging smokers to quit the habit for at least a day, as part of the annual Great American Smokeout effort.There are to be activities and information booths on base, with the main activities taking place ...
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