Business Stories for February 2012
Stories for Wednesday, February 29
Sales tax collections still on the rise, signaling continuing economic recovery
Sales tax revenues distributed by the state in February rose for the 21st consecutive month in Montgomery and Greene counties, and also increased in five other counties in west-central and southwest Ohio, according to a report released Wednesday by the Montgomery County Office of Management and Budget and the Ohio ...
Stories for Tuesday, February 28
Hearing set on Kodak retiree benefits
Eastman Kodak Co. wants to cut retiree health care benefits, and the company will have a court hearing March 20 on a motion to do that.Kodak said in a letter sent to retirees Monday that it must “balance the needs of our retirees with the needs of our company.” The ...
New office will ensure that U.S. manufacturers face fair competition
In the face of high unemployment and pressure to respond more forcefully to trade violations by nations such as China, President Barack Obama on Tuesday announced the creation of a new trade enforcement office.In a speech to a United Auto Workers convention in Washington, Obama said the Interagency Trade Enforcement ...
Air Force halts $355.1M contract for airplanes for Afghan forces
The Air Force on Tuesday officially halted its $355.1 million contract to buy airplanes intended for equipping and training Afghan forces, and will investigate its handling of the competition for the contract.The Air Force said it advised the Department of Justice that the service decided to set aside its Dec. ...
Rohr named general manager of Cox Media Group Ohio
DAYTON — Cox Media Group Ohio has appointed Rob Rohr as its general manager following the transfer of Brian Cooper, senior vice president of CMG Ohio operations, to the Atlanta Journal-Constitution as senior vice president of finance and business operations. “I’m delighted to be able to appoint Rob to this ...
Kodak seeks to slash retiree health benefits, report says
News reports say bankrupt Eastman Kodak Co. is seeking a bankruptcy court’s permission to cut health care benefits for its retirees.Kodak said in a letter to retirees that it must “balance the needs of our retirees with the needs of our company,” according to news reports. WHEC, a television station ...
Stories for Sunday, February 26
Deli, restaurant set to open soon on East Main
Moose’s Middle Eastern Cuisine and Deli will open at 1802 E. Main St. in the next few weeks, according to owner Mario Widdi.Widdi said he has not scheduled a definite opening date yet.The new restaurant will serve both authentic Middle Eastern food and American food, Widdi said, reflective of his ...
Stories for Saturday, February 25
Credit and debit cards both convenient and dangerous
Credit and debit cards offer great convenience, but choosing the right option at the right time can help protect you from unwanted charges and scams.Many credit cards carry zero-liability policies, so users are able to dispute unauthorized charges. Debit cards typically carry limited-liability policies requiring cardholders to cover a percentage ...
Clark’s Pharmacy finds niche to compete with national chains
Less than six months after selling a large chunk of his family’s company to a national competitor, third-generation pharmacist Tim Clark is rebuilding the Dayton-based Clark’s Pharmacy by opening new stores and finding niches within the market that will help him compete with national chains.Two weeks ago, Clark opened a ...
Region seeks to grow aerospace ties with Israel
DAYTON — Leaders of the state’s aerospace hub in Dayton are heading back to Israel for renewed efforts to build on technology partnerships and perhaps persuade Israeli defense and aerospace companies to bring operations to the Miami Valley.The Israeli companies specialize in unmanned aircraft, intelligence and surveillance support and image ...
Stories for Friday, February 24
Military to use technology to speed pace of air strikes
An arm of the Defense Department is prepared to spend up to $60 million on research that would allow military tactical air controllers to call in air strikes from piloted or unmanned aircraft to support U.S. and allied ground troops.The Defense Advanced Research Projects Agency last year awarded two contracts ...
Stories for Wednesday, February 22
Kodak to lay off 66 by April 19
Eastman Kodak Co. will lay off 66 employees by April 19, the company has told Ohio government.A letter dated Monday sent to Ohio’s Department of Job & Family Services outlines what will be permanent layoffs, with more to come.“Over the next few weeks, smaller layoffs are expected from other departments ...
Stories for Tuesday, February 21
WSU researcher creates ‘nano brushes’ that remove contaminants from water
FAIRBORN — A Wright State University researcher believes she may have found a tiny solution to an increasingly big problem.With the help of students and colleagues, Sharmila Mukhopadhyay, director of Wright State’s Center for Nano-Scale Multifunctional Materials, has developed what the university calls “near molecular-sized nano brushes.”The brushes are structures ...
Stories for Sunday, February 19
Company’s business now consumed by grain bins
LONDON, Ohio — For Kenny Sims, the problem is not how many grain bins he can sell to farmers. It’s how many bins his company has the time to build.“The grain storage systems have pretty much taken over what I do,” said Sims, who founded Sims Construction 36 years ago.Sims ...
Big bins mean big payoffs for area farmers
An additional 50 cents for a single bushel isn’t much.But if a farmer has a 100,000-bushel grain bin and can make 50 additional cents on each bushel of corn by storing it until the next summer instead of selling it at the harvest, that’s $50,000.It’s also why more and larger ...
Stories for Saturday, February 18
Grain storage bins help boost farmers’ profits
Area farmers are building larger metal grain bins along country roads faster than ever to earn thousands of dollars more if they store their crop rather than sell it at the harvest.For example, if a farmer has a 100,000-bushel grain bin and can make 50 additional cents on each bushel ...
Hot Head Burritos growing throughout Dayton, beyond
Kettering-based Hot Head Burritos is rapidly expanding, both inside and outside the Miami Valley. Hot Head, which opened its first store in Kettering in 2007, just opened its 13th location in the Dayton area and 25th overall store, and is on track to double that to about 50 locations by ...
Stories for Thursday, February 16
Cabela’s announces first Ohio store
Specialty retailer Cabela’s — the world’s largest direct marketer of hunting, fishing, camping and other outdoor merchandise — announced this morning it will build its first Ohio store in Columbus.The 80,000-square-foot store will be located in the Polaris Centers development near I-71 and I-270 in northern Columbus. Company officials said ...
Stories for Wednesday, February 15
Unmanned aircraft industry praises bill’s signing
President Obama has signed legislation that gives the Federal Aviation Administration a deadline for authorizing the flying of unmanned aircraft in airspace now reserved for use by manned planes.The Air Force, local companies and universities are working to build Dayton as a center of expertise, manufacturing and training for unmanned ...
Stories for Tuesday, February 14
Cheaper local gas prices bucking national trend
While gasoline prices across the nation have been rising, the opposite is true in southwest Ohio, giving area motorists a price break of nearly 26 cents per gallon. The national average for regular-grade gas hit $3.52 a gallon, up 4.1 cents from a week earlier, the Energy Department said Monday. ...
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}