Business Stories for August 2012
Stories for Thursday, August 30
Top Workplaces deadline extended
Help us identify the best places to work in the Dayton and Springfield areas. The nomination deadline has been extended until Sept. 21 for the Dayton and Springfield Top Workplaces 2013 project. The program recognizes employers that stand for the best in leadership, vision, an employee-centered culture and other qualities. ...
Farmers worried about heavy rain forecast
The prospect of heavy rains this weekend is not filling every farmer’s heart with joy. Winegrape growers in the Miami Valley and throughout Ohio are watching the remnants of Hurricane Isaac with a wary eye, because heavy rains at or near harvest can wreak havoc on the quality of the ...
EPA approves stiffer penalty for Navistar engines
Navistar International Corp. will be able to sell engines that do not meet 2010 emissions standards — but the company will pay a fine of up to $3,800 per engine to do so.The Environmental Protection Agency announced Thursday night approval of the final rule, which is double the amount originally ...
Stories for Wednesday, August 29
CodeBlue to add 30 more jobs
CodeBlue announced Wednesday plans to add 30 new jobs after receiving a federal grant to pay for on-the-job training.Clark County commissioners this week authorized Job and Family Services of Clark County to provide $65,000 in Workforce Investment Act funds to CodeBlue to subsidize 50 percent of each trainee’s wages during ...
Pending home sales up 16 percent in July
Staff and wire reportPending sales of homes in Ohio rose 16 percent in July compared with July 2011, another sign the housing market is growing stronger, a trade association said Wednesday.Ohio’s July Pending Home Sales Index of 110.8, a forward-looking indicator based on contract signings, rose from the July 2011 ...
Wellpoint CEO Braly resigns
INDIANAPOLIS (AP) — WellPoint Inc. President and CEO Angela Braly resigned Tuesday amid investor frustration with disappointing financial results at the nation’s second-largest health insurer.The Indianapolis-based company announced that its executive vice president and general counsel, John Cannon, will serve as interim president and CEO. With Braly’s departure, lead director ...
Stories for Monday, August 27
Navistar changes management
Navistar International Corp. changed leadership after mounting pressure from months of lost revenue, stock slides and engine troubles that damaged the company’s credibility.Navistar, which employs 850 people at its Springfield plant, announced Monday that chairman, president and chief executive Dan Ustian would retire effective immediately.Ustian will be replaced by Lewis ...
Ohio’s exports industry jump 12% in first 6 months of 2012
Ohio’s merchandise exports reached record levels in the first half of 2012, propelled by a strong global demand for transportation equipment produced in the state, according to new data analyzed by the Dayton Daily News. By the end of June, Ohio companies had already shipped $24.6 billion worth of goods ...
Government seeks more info on WellPoint-Amerigroup merger
The U.S. Department of Justice is asking for more information about the merger involving a major Ohio managed care plan and a major Ohio health insurer.WellPoint, the parent company of Anthem Blue Cross and Blue Shield in Ohio, and Amerigroup each received requests last week from the justice department for ...
Stories for Saturday, August 25
Fent’s expands after 40 years in business
Fent’s Dairy Corner, a traditional stop for Northwestern area families coming home from the ball diamonds, celebrates its 40th anniversary with a complete overhaul of the classic ice cream shop.The family-owned business, founded by Orla Fent in 1982, is in the midst of building a 3,000 square foot, two-story facility ...
Steps for college students opening a credit card
As a new class of freshman enters colleges and universities, many are tempted to use credit cards to maintain their living expenses. Credit cards can help you establish credit history, while offering convenience and protection, but be careful not to overspend, sending you into debt. Your Better Business Bureau advises ...
Stories for Friday, August 24
Navistar losses out on $14B military contract
Navistar International Corp. has been ousted from competition for a $14 billion military contract that could have helped the company regain some credibility after a series of engine compliance issues have put it at risk for bankruptcy or management change.Navistar — which employs more than 850 people at a local ...
Wright State Research Institute awarded $4.9 million for intelligence research
Wright State Research Institute will seek to improve the human performance of intelligence analysts under a new $4.9 million contract from the U.S. Air Force.The award will create 10-12 new jobs and establish a test facility that replicates the operational environment of a variety of intelligence analysts, said Stephanie Gottschlich, ...
Stories for Thursday, August 23
Rally brings $600K to $700K in tourism dollars
A major motor coach conference in Clark County could generate between $600,000 to $700,000 in local tourism revenue. The Monaco Coaches International Rally is here this week for the third time in 18 years. It brings about 240 coaches and their passengers to the Clark County Fairgrounds to meet and ...
Stories for Sunday, August 19
Honda looks to silence critics with new Accord
By TOM KRISHERAssociated PressHonda wants to silence its critics when it rolls out the new Accord this week.The automaker, chastened for cheapening the Civic compact earlier this year, says that won’t happen with the midsize Accord.It better not. The sedan is up against the toughest competition it’s ever seen.It faces ...
Stories for Thursday, August 16
Program to help local businesses get more defense contracts
Defense industry leaders hope a pilot project to link Ohio companies with unmet Defense Department parts needs will mean more manufacturing jobs in the Miami Valley, DaytonDefense leaders said.The Dayton Area Defense Contractors Association, known also as DaytonDefense, launched the initiative Thursday, entitled Ohio Defense Connects, that attracted about 120 ...
Ohio auto industry adding thousands of jobs
Ohio’s auto industry is rebounding from a long slide, having added thousands of jobs as pent-up demand for new and more fuel-efficient vehicles has pumped up production, according to environmental advocacy group and the federal government. Ohio, Indiana and Michigan — three key auto industry states — lost an estimated ...
Stories for Wednesday, August 15
Auto dealer to build 2 new showrooms
Jeff Wyler Auto Mall will begin building two new dealerships on First Street near U.S. 68 at the former Forever Sports location this month, a move that comes after dealers have reported a bump in auto sales in the last year. The dealer will build a 26,000-square-foot Chevrolet show space, ...
Honda to unveil its new Accord sedan
DETROIT (AP) — Honda plans to unveil its new Accord sedan Monday at an Ohio factory.The company promises a more athletic look with all-new engines and transmissions that will raise the car’s fuel efficiency.The Accord is important because it competes in the biggest segment of the U.S. auto market. In ...
Stories for Monday, August 13
Wesbanco to close New Carlisle branch
Wesbanco Inc.’s New Carlisle branch will close at the end of the month. Wesbanco corporate officials did not return calls for comment, but branch employees confirmed the closing.After Wesbanco’s closing, the city will have a Security National Bank branch and New Carlisle Federal Savings.“We’re always sorry to see a business ...
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