Business Stories for December 2009
Stories for Wednesday, December 30
Group drops fight over plane returned to Air Force Museum
DAYTON — An F-82B Twin Mustang aircraft that was the subject of a three-year federal court battle between the government and a preservation organization called the Commemorative Air Force will remain with the National Museum of the U.S. Air Force, now that a second court has ruled in favor of ...
Mortgage licensing system goes online in January
COLUMBUS — The Ohio Department of Commerce said Dec. 29 its Division of Financial Institutions in January will begin using a national system that allows Ohio mortgage companies to apply for and manage their licenses electronically.The state’s participation in the Nationwide Mortgage Licensing System begins Jan. 4 and will improve ...
Stories for Tuesday, December 29
Ring in 2010 with bargain wines
It’s hard to believe it’s time again for a column about ringing in the New Year, but another one has come and gone, so how about a second annual wine column?Last year, it was all about the bubbly.This year, the idea comes from Paul Sheehan, a reader who suggested I ...
Thor loans $10M to owners of dealer network
JACKSON CENTER — Thor Industries, a maker of buses and recreational vehicles, has agreed to loan $10 million to the owners of an RV dealership network that buys Thor’s products, according to a filing with federal securities regulators.Thor entered into the agreement with Marcus Lemonis, Stephen Adams and the Stephen ...
Ohio’s recovery could be sluggish, report states
Ohio may be in for a sluggish recovery if the economy’s performance following recessions in the past two decades are any indication, according to a new report from the Ohio State University’s Swank Program in Rural-Urban Policy.The report found that, until the 1990-91 downturn, job losses were more cyclical in ...
Director’s death prompts Teradata to reduce board size
MIAMI TWP., Montgomery County — The death of Peter Fiore, a director for Teradata Corp., has prompted the company to reduce its board from nine to eight directors, according to a filing with the U.S. Securities and Exchange Commission.Fiore, 52, died at his Massachusetts home on Dec. 19, the SEC ...
Stories for Monday, December 28
Owner of Fairborn hotel seeks bankruptcy protection
DAYTON — The Premier Hotel Group LLC has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court.The corporation owns the hotel building at 730 E. Xenia Drive in Fairborn operated by Baymont Inn and Suites.William Parker, a Champaign County resident and managing member of Premier Hotel Group, said the ...
WPAFB official to address information technology executives
DAYTON — Information technology professionals will get a briefing on Jan. 13 from a Wright-Patterson Air Force Base official about the base’s IT activities.Air Force Col. Gregory Gutterman, commander of the 554th Electronic Systems Group at Wright-Patterson, also will discuss the role of information technology worldwide.Technology First, a Dayton-based regional ...
Jan. 1 deadline looms in Fox, Time Warner standoff
Blame the economy for the tough negotiations between Time Warner Cable and Fox network as a Jan. 1 deadline looms for carrying a half-dozen Fox channels on cable in the Dayton area, industry analysts say. Networks have seen a significant drop in advertising revenue and want to compensate for their ...
Stories for Saturday, December 26
Elks buy country club to boost their membership
With service organizations, volunteer groups and even churches hurting for younger members, two local organizations have come together to create what they believe is a sustainable, vibrant organization.Northwood Hills Country Club, 1536 Villa Road, recently sold its facilities and land for $900,000 to the Benevolent and Protective Order of Elks ...
General Electric may build $50 million R&D center in southwest Ohio - Vandalia or Evendale
General Electric Co. is considering whether to build — possibly in southwest Ohio — a $50 million center that would allow engineers to collaborate in one location to develop, test and certify electrical power systems for aircraft, to serve what GE management says is becoming an “exponential” increase in demand ...
South Charleston man on corn marketing board
The Ohio Corn Marketing Program board of directors has elected new officers for 2010. The new positions will take effect in January.Board members elected Monte Berg of New Knoxville as chairman. Also serving will be Paul Herringshaw of Bowling Green as vice chairman, Matt McCoy of Wooster as treasurer and ...
Guebert: Readers comment on 2009 stories, and a salute to son
Come on, you don’t want to end this year reading what an aging aggie like me thinks the “Best Stories of 2009” are. Easy as it might be — health care, global warming, cap-and-trade, Uncle Honey ...What, I already wrote about all those things?OK, how about what you wrote on ...
Stories for Friday, December 25
Trenor Motors buys Buckles
From Wheels wiresTwo Urbana auto dealership legacies change courses as one expands operations while the other closes its doors after 53 years.In an announcement made by Trenor Motors Inc. owner and president Roger Tehan Jr., his company has added Buick and GMC products to its showroom floor. Trenor Motors purchased ...
Stories for Thursday, December 24
Data theft puts 860 members of BlueCross BlueShield at risk
COLUMBUS — A theft of data from computer hard-drive files has put at risk the personal information of more than 860 Ohioans who are members of the BlueCross BlueShield health insurance program, according to Ohio Attorney General Richard Cordray and BlueCross BlueShield of Tennessee.Cordray is advising those who are affected ...
Attorney general backs rule change for mortgage loans
COLUMBUS — Ohio Attorney General Richard Cordray said Thursday, Dec. 24, that he supports a proposed federal ban on certain incentives paid to mortgage brokers and loan officers that Cordray said puts customers in riskier, more expensive loans.“I strongly support changing the law to end predatory practices like these that ...
Employees sue Antioch Co. after business moves
A trust formed on behalf of current and former employees of the Antioch Co. is suing former leaders of the company in Cincinnati’s U.S. Bankruptcy Court. The suit — filed against 30 former officers of the company and others associated with it — seeks unspecified damages based on what it ...
Stories for Monday, December 21
Elks buy Northwood Hills Country Club
The Springfield Elks lodge has purchased Northwood Hills Country Club and sold its downtown location.“The Elks have purchased the club and members of Northwood Hills were all extended the opportunity to become Elks members,” said Gene Horner, president of Northwood Hills Country Club.According to records from the Clark County Recorder’s ...
NCR building will become UD research center
Six months ago, some in Dayton wondered how the loss of NCR Corp.’s headquarters would alter the community’s identity.After the University of Dayton announced Monday, Dec. 21, that it has purchased the former NCR headquarters building, many are hailing the $18 million acquisition that will let UD give the building ...
UD buys NCR headquarters, Old River Park
DAYTON – The University of Dayton has purchased NCR Corp.’s former world headquarters property for $18 million. Daniel J. Curran, university president, announced the purchase today, Monday, Dec. 21. The 115-acre parcel includes the NCR building at 1700 S. Patterson Blvd. and Old River Park. UD will move its University ...
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