Business Stories for January 2013
Stories for Thursday, January 24
Whirlpool wins trade commission ruling on washers
A favorable U.S. International Trade Commission ruling Wednesday will benefit Whirlpool Corp. and its 10,000 Ohio employees, including those who work in the company’s Greenville, Findlay and Columbus operations, Sens. Rob Portman and Sherrod Brown said.The ITC unanimously ruled that product dumping of large residential washers by Samsung and LG ...
Stories for Wednesday, January 23
Unions suffer sharp decline in membership
By Sam HananelAssociated PressWASHINGTON (AP) — Union membership plummeted last year to the lowest level since the 1930s as cash-strapped state and local governments shed workers and unions had difficulty organizing new members in the private sector despite signs of an improving economy.Government figures released Wednesday showed union membership declined ...
Stories for Tuesday, January 22
Traffic grows at Dayton airport, shrinks in Columbus, Cincy
In the past year Dayton International Airport saw a 3 percent increase in travelers compared to 2011, newly released figures show, a better showing than Cincinnati Northern Kentucky Airport or Port Columbus International Airport. Total passenger traffic at the airport reached 2,607,528 in 2012, an increase of 3.1 percent. Delta ...
Stories for Sunday, January 20
New restaurant planned for East Main
Tim Hortons plans to build a restaurant on the site of a vacant church, the most extensive new development on East Main Street in years. According to city documents, Tim Hortons wants to buy and raze the former Story-Hypes United Methodist Church, 2000 E. Main St., if its variance requests ...
Coca-Cola to address obesity for first time in ads
By CANDICE CHOIAP Food Industry WriterCoca-Cola became one of the world’s most powerful brands by equating its soft drinks with happiness. Now it’s taking to the airwaves for the first time to address a growing cloud over the industry: obesity.The Atlanta-based company on Monday will begin airing a two-minute spot ...
Stories for Saturday, January 19
Fewer people looking to start small businesses
Small business owners are less confident about their businesses succeeding than they were a few years ago.The National Federation of Independent Businesses released an annual report on small business owner confidence this month that shows that in December 2012, 70 percent of business owners surveyed said it is a bad ...
Health plans for pets and how to choose wisely
Pet owners treat their animals like a part of the family. So it’s important pets get the care they deserve. Your Better Business Bureau can help you determine what care is best for your pet and how to make sure that a health care plan won’t wallop your finances. Sixty-two ...
Stories for Friday, January 18
GE earnings rise on emerging market growth
By Jonathan FaheyAP Energy WriterNEW YORK (AP) — General Electric Co.’s net income rose 8 percent in the fourth quarter as earnings at all of the conglomerate’s industrial segments improved due to growth in developing economies.GE, based in Fairfield, Conn., reported net income of $4 billion Friday on revenue of ...
Regional bank Fifth Third’s 4Q profit tops Street
By Dan SewellAssociated PressCINCINNATI (AP) — Regional banker Fifth Third Bancorp reported Thursday that its fourth-quarter net income jumped 28 percent, helped by improving credit conditions.The Cincinnati-based company earned $390 million, or 43 cents per share, for the period ended Dec. 31. That compares with $305 million, or 33 cents ...
Stories for Tuesday, January 15
Event aims to make area a tech center
Springfield is hosting its first web marketing conference Thursday called Interact13, an all-day event bringing together tech gurus, marketing enthusiasts and business owners interested in improving marketing plans.Oxiem Interactive, a local marketing agency that focuses on interactive marketing design, organized the event with the help of the Greater Springfield Chamber ...
Real estate firm Real Living merges with Columbus company
The Southwest Ohio brokerage of Real Living Realty Services has merged with HER Realtors of Columbus, the companies announced Tuesday.Real Living Realty Services has 18 offices with approximatley 275 real estate agents in the Cincinnati, Dayton and Springfield areas, including a Middletown office. The local region brokerage is agent-owned, and ...
Companies increase stockpiles
WASHINGTON (AP) — U.S. companies increased their stockpiles a steady pace in November from October, responding to a solid increase in sales.The Commerce Department said Tuesday that business inventories grew 0.3 percent in November, matching the October gain.Sales rose 1 percent in November, the best showing since a 1.2 percent ...
Ohio ranks No. 2 for HVACR work
Ohio ranks second in the nation among the top states to work in heating, ventilation, air conditioning and refrigeration (HVACR), according to industry data and insights from Emerson Climate Technologies.The HVACR industry is facing a shortage of qualified technicians, with needs for an additional 57,000 skilled workers each year to ...
Stories for Monday, January 14
A revealing first day at Detroit Auto Show
As the two-day Media Preview kicked off at Cobo Convention Center in Detroit for the North American International Auto Show (NAIAS), it was clear the auto industry was on grand display. With more than 50 vehicles set to make their world debut, the bigger vehicles and the luxury vehicles were ...
Ram 1500 pickup wins Truck of the Year, Honda Accord finalist for Car of the Year
By Jeff KaroubAP Business WriterDETROIT (AP) — The North American Truck of the Year is the Ram 1500 pickup.The winner was unveiled Monday morning at Cobo Center in Detroit.Car finalists are the Cadillac ATS, Ford Fusion, and Honda Accord. Truck/utility finalists were the Ford C-Max, Mazda CX-5, along with the ...
Stories for Saturday, January 12
Sports center changes, grows
A Springfield business has grown as volleyball becomes more popular locally, but as a result the community has lost its last spot for indoor tennis.Game Time Sports Center, which opened in September 2011 in the former Springfield Racquet Club off Urbana Road, doubled its space for volleyball to include eight ...
Why do I have a smaller paycheck this year?
Even with Congress and President Obama reaching an 11th-hour deal to prevent the country from going over the much-hyped “Fiscal Cliff,” the New Year has brought an increase in taxes for all American families — and for many that means an almost immediate reduction in take-home pay. We checked in ...
Stories for Thursday, January 10
Phony notices alert: Watch out for DNS Services
A mailing that appears to be a bill or invoice is flooding area businesses’ mailboxes. It appears to be an invoice for an Internet domain name backup service provider. Your Better Business Bureau advises what to look for on your next trip to the mailbox. If you take a close ...
Airlines post better on-time record for November
By The Associated PressThe government says that the 15 biggest U.S. airlines were on time a bit more often in November.The Transportation Department said Thursday that 85.7 percent of flights operated by the biggest airlines arrived on time in November. That’s up from 85.3 percent in November 2011 and 80.2 ...
Honda plant expansion to bring 50 jobs
Fifty jobs will be added to a Honda plant in Marysville as it adds production of a new vehicle. Honda is investing $23 million and hiring 50 associates to produce the new two-motor Accord Hybrid Sedan. It is scheduled to be on sale in the fall, according to a release. ...
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