Economy
Area restaurant chain reaches milestone
The Hot Head Burritos chain has reached an important milestone with the opening of its 50th store in Urbana. Hot Head President Ray Wiley — who co-founded the fast-casual burrito chain with his wife, Cynthia — said at least 10 more Hot Head locations are in various stages of development ...
Ohio universities freeze tuition amid concern over college costs
In response to ballooning student loan debt, which now exceeds $1 trillion nationwide, a new trend is emerging this year: universities voluntarily freezing tuition. The presidents of three of Ohio’s largest universities, Ohio State, the University of Cincinnati and the University of Toledo, say students and their families need relief. ...
Gas, beef prices spike before holiday weekend
The prices of two staples of the Memorial Day weekend — beef and gasoline — are jumping just in time for the holiday. Wholesale prices of some grades and cuts of beef have reached all-time highs at the same time the region’s gasoline prices have spiked 20 cents a gallon ...
For many, fewer hours not a choice
Many of the jobs created since the start of the economic recovery have been part-time positions, and millions of U.S. workers, including many Ohioans, are stuck working part-time because of the weak labor market. Employers often choose to hire part-time workers to keep payroll costs low and make it easier ...
Salon Lofts to enter Dayton market
The Columbus-based Salon Lofts will enter the Dayton beauty-care market this fall by opening locations in the Town & Country Shopping Center in Kettering and in Washington Park Plaza in Washington Twp., the company’s CEO said Friday. Nora’s Design Group in the Town & Country space will become Salon Lofts ...
Ohio construction jobs show decline
Ohio in the last year experienced some of the weakest job growth nationwide and a key industry, construction, has shed more jobs than all but one other state, according to data released Friday by the U.S. Bureau of Labor Statistics. Ohio added just 4,400 nonfarm jobs between April 2012 and ...
Ohio unemployment dips to 7%
After posting the worst job losses in the nation in March, Ohio saw modest job growth in April, and the unemployment rate dipped to 7 percent. The rate was 7.1 percent last month. Nonfarm employment rose by 7,600 workers in April, with some of the largest gains occurring in leisure ...
Macy’s 1Q profit rises 20 pct on solid sales
Macy’s Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers’ spending on spring clothes. The company, which also operates the upscale chain Bloomingdale’s, is also raising its dividend to 25 cents from the current 20 cents. It also ...
New ‘paint-and-sip’ wine bar coming to Dayton Mall
A new entertainment destination that offers wine and beer by the glass in conjunction with hands-on painting classes is scheduled to open in mid-July at the Dayton Mall, joining similar shops in Centerville and West Chester. Pinot’s Palette , a franchise shop of a Houston-based “paint-and-sip” company that operates more ...
Hospital charges vary widely for same procedures
New government data showing the amounts U.S. hospitals’ charge Medicare for certain procedures confirm what consumer groups have suspected for years: hospitals, even in the same or nearby communities, can charge wildly different amounts for the same procedures. In Ohio, for example, the average charge to implant a permanent pacemaker ...
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