Business Stories for December 2011
Stories for Monday, December 12
Artificial insemination business seeks bankruptcy protection
DAYTON — RC Agri-Genetics LLC, which does business as Genetic Connection at 5001 East County Line Road northeast of Springfield, has filed for Chapter 11 protection in U.S. Bankruptcy Court in Dayton.RC Agri-Genetics is a custom artificial insemination business, distributing semen collected from bulls.In its Dec. 8 filing, the company ...
Stories for Saturday, December 10
Getting your chimney cleaned? Tips for hiring a company
With the arrival of chilly weather, many people are longing for a toasty fire in the fireplace and are looking to have their chimneys cleaned in preparation. Your Better Business Bureau is offering advice to help you know which businesses to trust and which to avoid, preventing your hard-earned dollars ...
ITS company vows to ban emails in its operation
It’s a familiar problem for today’s office workers: a seemingly endless stream of emails, many of which need to be read, answered and deleted.Atos Origin, an information technology services company with international operations, has vowed to ban email as a means of internal communication.Its three-year effort is worth watching, but ...
Dollar stores win customers with more food, better sites
DAYTON — Dollar stores are a growing force in discount retailing, a new study shows.The combined number of stores operated by the four top chains — Dollar General, Dollar Tree, Family Dollar and 99 Cents Only — has surpassed that of the three biggest national drugstore chains — Walgreens, CVS ...
Stories for Wednesday, December 7
Nursing homes shed thousands of jobs
Nursing homes have shed at least 3,000 jobs in recent months in the wake of cuts to Medicare and Medicaid, two recent surveys show.The Ohio Health Care Association said that the 60 percent of its members who responded to a survey reported more than 2,800 job cuts. That represents about ...
Wright-Patterson may benefit from Turner's new appointment
WASHINGTON — U.S. Rep. Mike Turner, R-Centerville, said his appointment Wednesday to a conference committee that will shape the final version of a defense authorization bill gives him an opportunity to preserve amendments he said would benefit Wright-Patterson Air Force Base. House Speaker John Boehner, R-West Chester, appointed Turner to ...
Stories for Tuesday, December 6
Vandalia company gets new $44M military contract
VANDALIA — Projects Unlimited Inc. has been awarded the latest in a series of contracts to supply electronic assemblies for H-1 and V-22 helicopters built by Bell Helicopter for the Army and Air Force.The $44 million, five-year contract begins in 2013, said Chris Wyse, president and chief operating officer of ...
Stories for Sunday, December 4
Will package thefts surge along with online holiday sales?
SPRINGFIELD — With online holiday sales already surging 15 percent this year, authorities are warning that an uptick in package thefts is sure to follow.Already, online spending in the U.S. topped $12.7 billion for the first 25 days of the holiday shopping season compared to the same period last year, ...
Financing a hurdle for airport hotel
DAYTON — Dayton International Airport officials face a stiff challenge in their latest attempt to find a developer that can obtain financing to build a hotel at the airport, commercial real estate executives said.“The economy has slightly improved for hotel financing, but I still think it’s going to be very ...
Stories for Saturday, December 3
Fewer U.S. companies will host holiday parties this year
Dayton-area companies are bringing back the holiday party, despite the sluggish economy.Local company holiday party bookings are up from December 2010, restaurant and banquet and facility managers said. That runs counter to the national trend, where the fewest businesses in 25 years will hold holiday parties, according to a survey ...
Retirement changes worry local military families
Families of active-duty military personnel are concerned about possible changes to the military retirement system and are reassessing retirement options, investment plans and their spending, according to a new survey.The survey was commissioned by First Command Financial Services Inc., a Texas-based company that began 53 years ago by offering financial ...
Stories for Friday, December 2
GE and Rolls-Royce stop self-funding of F-35 engine
General Electric Co. and Rolls-Royce said Friday they will halt their self-funded development of an alternate engine for the F-35 Joint Strike Fighter, ending a multi-year battle between Congress and the White House over the project.The Defense Department didn’t want the backup F136 engine, preferring to concentrate on the F-35’s ...
Stories for Thursday, December 1
New small business job-creation tool registration starts Monday
Registration starts next week for InvestOhio, a $100 million tax credit program designed to help eligible small businesses get the funds from investors they need to grow, succeed, and create jobs.The Ohio Department of Development, in collaboration with the Ohio Department of Taxation, last month announced the program’s launch.Registrants are ...
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