Latest local business news
Home sales rise again in April
Homes sales rose again in April across the area and the state, continuing a near solid string of monthly increases over the past year. In the Dayton metro area, sales for the month rose 14.5 percent to 1,085 homes compared to April 2012, according to the Ohio Association of Realtors. ...
Birth control coverage up for federal appeal
By Kristen WyattAssociated PressDENVER (AP) — In the most prominent challenge of its kind, Hobby Lobby Stores Inc. asked a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.The ...
Applications for US unemployment aid fall to 340K
By Paul WisemanAP Economics WriterWASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.The less volatile four-week average ticked down just 500 to 339,500, the Labor Department said Thursday. That’s close to the ...
Sequester cuts leave local health departments in limbo
The Ohio Department of Health Thursday told its partner agencies throughout the state to expect an average 8 percent cut in the federal grants for public health programs as a result of the federal government’s across-the-board spending cuts, known as sequestration.While cuts to individual programs may vary widely, ODH officials ...
Ohio restaurants to add 21,000 workers this summer
Restaurants and bars in Ohio plan to add 21,000 jobs this summer, a restaurant industry trade association said Thursday. Nationwide, restaurants and bars are expected to add 448,000 summer jobs this year, up 4.5 percent from the industry’s March employment level, the Natioal Restaurant Association said. “The projected addition of ...
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 ...
P&G: CEO McDonald retiring, former CEO Lafley back at the helm
CINCINNATI — Procter & Gamble announced today the retirement of current CEO Robert “Bob” McDonald.Former president and CEO Alan George “A.G.” Lafley is rejoining the company and has been named president and CEO effective immediately, the consumer goods company said. Lafley has also been elected to the company’s board, as ...
In brief: Business news and nuggets
EARNINGS Dollar Tree profit rises RICHMOND, Va. — Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less. The results beat Wall Street expectations. Dollar stores offer a ...
This week in deals: 25% off your purchase at Swimsuitsforall.com
We're only a few days away from our Memorial Day weekend! As we honor all our Veterans who have fought so hard to defend our freedom, we also celebrate and kick off the summer. With Memorial Day being one of the best times to buy certain items such as appliances, ...
Kings Island: Free admission for military this weekend
MASON — In honor of Memorial Day, all active and retired members of the military this weekend receive free admission to Kings Island, the 364-acre amusement and waterpark. Members of the military can get free admission Friday through Monday. A valid military ID must be presented at the Kings Island ...
Target, Lowe’s blame cool weather for soft earnings
Target’s 1Q profit drops 29 pct on weak salesNEW YORK (AP) — Target Corp., a major southwest Ohio retailer, reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers’ appetite for spending.The company, based in Minneapolis, also on Wednesday cut its annual ...
US auto factories cutting back on summer downtime
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers’ growing demand for new cars and trucks. The added work could trickle down to the automakers’ parts plants and outside suppliers in southwest Ohio. Ford Motor Co., which has ...
West Chester Hospital has early plans to add tower
Cincinnati hospital network UC Health is eyeing future expansion at Butler County’s West Chester Hospital for construction of an estimated $135 million tower.UC Health has always planned since building West Chester Hospital to eventually construct a second building tower, system officials said. And now hospital officials say they are talking ...
Small deli serving up big, cheesy sandwiches
The tongue-in-cheek sign at the front counter explains why one must be patient after ordering a sandwich at 5th Street Wine and Deli in Dayton’s Oregon District. 1) It’s because we care, it’s not because we are lazy. 2) Every sandwich is made to order, thus they’re special. Kind of ...
Home Depot, Best Buy have different earnings success
Home Depot Inc. and Best Buy Co. — two major retailers with stores in the Dayton, Springfield and Hamilton areas — reported widely different quarterly earnings on Tuesday. Home Depot’s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly ...
Mercy Health names new CEO
Cincinnati area hospital group Mercy Health Tuesday named a new president and chief executive officer.Yousuf Ahmad was appointed to the post to replace James May effective June 15. Ahmad has been chief transformation officer for Mercy Health since 2011. He is also current interim president of Mercy Health Select, the ...
Local veterans get boost on job searches
Veterans may have an advantage in landing a job in this economy, if they only knew the benefits available to them.Capt. Mike Glaser of Oxford, a 30-year Navy veteran set to retire at the end of the month, attended a Veteran’s Job Fair Tuesday at Workforce One to help him ...
Credit union unveils new video tellers
Wright-Patt Credit Union Inc. unveiled new automated teller machine technology Tuesday at a new branch office in Springboro. The machines let users video conference from inside the lobby or the drive-through with remote tellers. The tellers actually sit in offices near the Dayton Mall, said Doug Fecher, credit union president ...
New tenant announced for major Liberty Twp. retail project
Developer Steiner + Associates announced Monday a second anchor tenant for its multi-million mixed-used retail, residential and office development coming to Liberty Twp.Cobb Theatres has agreed to open a CineBistro at Liberty Center in Butler County, representatives of the developer said Monday. CineBistro is a luxury dinner-and-a-movie theatre.The movie theater ...
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 ...
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