Business Stories for November 2011
Stories for Tuesday, November 29
American Airlines, parent company file for bankruptcy
AMR Corp., the parent of American Airlines Inc., filed on Tuesday for U.S. Bankruptcy Court protection from creditors as the company reorganizes its finances and tries to reduce its debt and operating costs.The bankruptcy filing will not affect American’s daily operations or its AAdvantage frequent flyer program, the company said. ...
Stories for Sunday, November 27
Number of blue-collar job openings expected to grow
Thanks to retirements, blue-collar fields such as manufacturing and construction will have the largest number of expected job openings in the next seven years, outpacing other fields such science, technology and even health care, according to a recent Georgetown University study.But there’s growing concern that many of those openings could ...
Stories for Saturday, November 26
Malls holding their own against lifestyle centers, outlet malls
It’s been nearly 20 years since a new enclosed mall has opened in the Dayton area. But the notion that lifestyle and outlet centers have hastened the death of enclosed malls is false, a shopping center industry official said. While it’s true that far more lifestyle centers such as The ...
Stories for Friday, November 25
Forecasts of 600,000 holiday jobs offer many hope
Recent forecasts indicate U.S. retailers might hire more than 600,000 seasonal workers this holiday season, offering hope to throngs of displaced workers who can’t find full-time jobs or are working reduced hours.Last year, an average of 255,000 Ohioans worked part time for economic reasons, up more than 1,000 percent from ...
Stories for Tuesday, November 22
New power rate plan should benefit Duke consumers, state says
COLUMBUS — A Duke Energy Ohio electric rate plan that received state approval Tuesday should save business and residential consumers money by encouraging market competition in rates, Ohio regulators said.The Public Utilities Commission of Ohio approved the plan, which will set electric rates for Duke customers from Jan. 1, 2012, ...
Springboro manufacturer to lay off 77
A Springboro company that already has 97 laid-off workers will lay off another 77 next year, leaving about only 20 local workers and an uncertain future. Battery manufacturer Ovonic Energy Products Inc. is retooling its production line to make a different kind of battery and is laying off employees while ...
Stories for Saturday, November 19
Layaway a popular option for holiday shoppers this year
DAYTON — Increased customer demand and tighter budgets have brought back layaway in a big way this year.Layaway, which allows consumers to set aside items in stores and pay for them in installments, is available at such retailers as Walmart, Toys ‘R’ Us, Best Buy, Sears, Kmart, Burlington Coat Factory, ...
Convenience stores replacing gas stations
SPRINGBORO — About seven months ago, Joe Davis stopped selling gasoline at his Sunoco station, Pro Automotive, because he could not turn a profit with the fluctuating fuel prices and other costs.His decision not only closed a chapter of three generations of his family in the gas station business. It ...
Stories for Monday, November 14
Small business seminars set for Cincinnati, Wilmington
CINCINNATI — Sen. Sherrod Brown, D-Ohio, will be hosting small business seminars on Tuesday in Cincinnati and Wilmington.Small business owners seeking to grow their businesses can learn what resources are available through the federal government such as financing through the Small Business Administration, new tax incentives, and increasing export sales.Topics ...
Stories for Saturday, November 12
Internet auctions can be hotbed for scammers
Internet auctions, such as Craigslist and eBay, advertise various items for sale. Once you’ve found the desired item, you bid on it and, if you win the bid, arrange payment and product delivery with the seller. Once payments are received, the merchandise is sent to you.Unfortunately, online auctions are also ...
SBA, banks seek balance to loans for small business
DAYTON — What small businesses need, and what they get, aren’t always the same thing.U.S. Small Business Administration officers say they know this. Several were in Dayton last week to talk with banking representatives about what they say are improvements to a SBA lending program.Lenders say some of the changes ...
‘3-D printed’ plane’s uses include public safety, agriculture
GREEN TWP., Clark County — Manipulating a remote control device, Jade Lowrey taxied a 5.3-pound airplane along the floor of a 17,000-square-foot aircraft hanger on a recent morning.This was no ordinary model plane. According to engineers at Centerville-based SelectTech Services Corp.’s advanced manufacturing facility, it’s the world’s first privately funded ...
Stories for Tuesday, November 8
Honda schedules new ‘non-production’ day
Honda plants in North America continue to deal with a parts supply disruption caused by flooding in Thailand.Though two “non-production” days are scheduled — this coming Friday and a newly scheduled non-production day on Friday Nov. 18 — American Honda Motor Co. Inc. released a statement Tuesday morning saying it ...
New small business tax credit program launched
DAYTON — State officials today announced the launch of program backed by Gov. John Kasich that would give Ohio investors a state income-tax break for investing in the state’s small businesses.The program, dubbed InvestOhio, would offer a 10 percent tax credit on investments up to $10 million in small businesses ...
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}