Business Stories for October 2012
Stories for Wednesday, October 31
US stocks mixed after historic 2-day close
By BERNARD CONDONAssociated PressStocks closed mixed on Wednesday in their first session since Hurricane Sandy forced a historic two-day shutdown of trading.The Dow Jones industrial average slipped 10.75 points to 13,096.46. The Standard & Poor’s 500 index rose, but barely — up 0.22 of a point to 1,412.16.Investors were nervous ...
Optimistic Ohioans to spend more on holiday shopping, survey says
Ohio consumers have a more positive outlook about the economy and their household finances and are planning to spend more on holiday gifts, according to a Deloitte survey released Wednesday.The results — based on a survey of 500 Ohioans and 5,089 people nationwide in mid-September — are good news for ...
Online help-wanted ads fall in Ohio
The number of online help-wanted ads in Ohio fell by 9,300 last month, reflecting a sharp pullback in labor demand after several months of above average growth, The Conference Board reported Wednesday.So far this year, Ohio has posted a net gain of 12,800 advertised vacancies, up about 8 percent from ...
VA Medical Center names new chief of staff
The Dayton VA Medical Center has hired its first permanent clinical chief of staff since its former leader retired after whistle blowers alleged improper dental clinic infection control procedures by a dentist.Dr. J. Thomas Hardy, a retired Army colonel and Vietnam veteran who was the vice president of medical affairs ...
Stories for Tuesday, October 30
Navistar to close Texas plant, move jobs
Staff, wire reports Navistar International Corp. said Tuesday it intends to close a truck manufacturing plant in Garland, Texas, by the first half of 2013 as part of its efforts to cut costs. Rep. Steve Austria said some of those jobs will move to Navistar’s Springfield plant, which employs about ...
Business Halloween Style
Halloween is one of the most profitable commercial holidays in the United States. For many retailers and entertainers, Halloween is the true beginning of the busy holiday shopping season. Hispanic Americans partake in the celebrations, but for their relatives, friends and business associates in Latin America, Halloween is considered an ...
Stories for Monday, October 29
Honda lowers sales estimates
Honda of America Manufacturing touted the launch of its new Accord model and North American plant growth to local business leaders Monday, but globally the company acknowledged setbacks because of China.Honda’s quarterly profit surged 36 percent as Japanese automakers bounced back from last year’s tsunami disaster in northeastern Japan, but ...
Flights East from Dayton remain canceled
East coast airports are continuing through Tuesday not to accept flights, which means those out of Dayton International Airport are canceled.Terrence Slaybaugh, Aviation director for the Dayton International Airport, said two-thirds of the airports scheduled 35 departures were cancelled sometime before 10 a.m. Tuesday. The flights were headed to various ...
Honda profits surge 36 percent, but company cuts forecast
By YURI KAGEYAMAAP Business Writer TOKYO (AP) — Honda’s quarterly profit surged 36 percent as Japanese automakers bounced back from last year’s tsunami disaster in northeastern Japan, but the company lowered its annual forecasts Monday because of a sales plunge in China.Honda Motor Co., whose American division employs more than ...
Stories for Saturday, October 27
New herbicide nearly ready for the business of farming
The arrival of Roundup Ready corn and soybeans in the 1990s simplified farmers’ herbicide problems in an affordable way and was such a success that up to 90 percent of corn, soybeans and cotton crops are now grown with Roundup Ready varieties. With resistant weeds including marestail now flourishing in ...
Protect a child from identity theft with these tips
Children have become a prime target for identity theft because it can go undetected for years without anyone noticing. You may be surprised who some of the thieves might be. Your Better Business Bureau offers tips on how to protect your child from becoming a victim. Last year, children were ...
Stories for Friday, October 26
Upbeat consumers spend on fun again
Consumers in Ohio and elsewhere spent more money last year on entertainment, dining out and other life-affirming indulgences for the first time since the recession began in late 2007. Annual household expenditures on everything from restaurant meals to beauty salon visits rose 3.3 percent to $49,705, according to the most ...
Boeing encourages suppliers to attend outsourcing workshop
SEATTLE (AP) — Boeing is encouraging its suppliers to attend a workshop next month to learn how to outsource business to Mexico.The Seattle Times reports that Patrick McKenna, director of Supply Chain Strategy and Supplier Management at Boeing Commercial Airplanes, has urged suppliers to attend a Nov. 15 workshop in ...
Stories for Thursday, October 25
Navistar finalizes deal for new engines
Navistar International Corp. finalized an agreement with a competing company this week that will allow it to replace its noncompliant engine technology as early as November.Navistar, which employs more than 850 workers in Springfield, has been searching for the solution to an engine it developed that has yet to meet ...
Stories for Wednesday, October 24
Gas prices hovering near $3 a gallon
There appears to be relief at the gas pump as prices are falling below $3 per gallon in some areas. The lowest spotted in Southwest Ohio as reported to the gasbuddy.com analysts is $2.99 per gallon at three gas stations in Butler County. Montgomery County’s lowest price reported is $3.07 ...
Stories for Tuesday, October 23
Crane company lands large deal
Springfield manufacturer Konecranes said Tuesday it had won an order for 24 steel mill cranes for a Texas mill that is being built by TPCO America, one of the largest orders it has received in the U.S. Konecranes, at 4505 Gateway Boulevard, said the order includes cranes for the melt ...
Local unemployment drops
Unemployment fell across the Miami Valley last month, continuing a long-term trend in which the average jobless rate for the region dropped to 6.3 percent from 8.2 percent over the past 12 months, based on figures released Tuesday by the Ohio Department of Job and Family Services.In Montgomery County, the ...
Springfield’s Konecranes announces large order for new Texas steel mill
Springfield manufacturer Konecranes said Tuesday it had won an order for 24 steel mill cranes for a Texas mill that is being built by TPCO America, a Chinese - U.S. joint venture that wants to make seamless steel pipes.Konecranes, at 4505 Gateway Boulevard in Springfield, said the order includes cranes ...
For Hispanic businesswomen, self-assurance means success
What are the most important traits that female owners of Hispanic business enterprises need to become market leaders? Most self-help book authors and business analysts will likely answer this question with a list of leadership and management traits that includes the following skills: Communication Determination Innovation Networking Time Management ...
Stories for Monday, October 22
Manufacturing vet makes case for bringing jobs home
Harry Moser is a man on a mission. Moser is the founder and force behind what he calls the “Reshoring Initiative,” an effort to help U.S.-based manufacturers understand what he argues are the costs of moving jobs from the United States and the benefits of returning those jobs to the ...
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