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Business Stories for December 2011

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Stories for Tuesday, December 27

A sale pending sign sits in front of a home off Franklin Trail in Liberty Twp., Ohio Wednesday, Nov. 2, 2011. Home sales have risen for the fourth straight month in Butler County. Staff photo by Nick Daggy

Home sales rise as prices plunge

Local home prices remain lower, but homes are slowly starting to sell as homeowners become realistic about how much money they can get for the properties, Realtors said Tuesday.Local real estate agents expect more of the same in 2012.The local agents were reacting to new data from the Standard & ...

Stories for Monday, December 26

Ruling called threat to Ohio companies

A federal court ruling on international trade threatens Ohio heavy industries including Miami Valley companies, Ohio Sens. Sherrod Brown and Rob Portman said.The senators said the ruling by a federal appeals court hamstrings the U.S. in placing duties on China’s government-subsidized product exports that undercut U.S. industries in Ohio including ...

Stories for Saturday, December 24

Local UAV research may create jobs

FAIRBORN — A Wright State University professor’s project involving a new approach to monitoring the brain activity of unmanned aerial vehicle operators may mean big business for the Dayton region, according to local officials.Dr. Ping He’s work – which began in December 2010 and is expected to run through December ...

Kim Youngmok, Senior Research Scientist at Sensus, works in the company's lab Monday, Feb. 21, 2011, in Hamilton.

Flavor industry enjoying big boom in region

The Cincinnati region is seeing its part of the billion-dollar flavor industry expand through investment and acquisition.Greater Cincinnati, including Butler and Warren counties, is one of the leading hubs for flavor companies in the U.S., said Bob Bauer, executive director of National Association of Flavors and Food-Ingredient Systems.Flavor and fragrance ...

This year, Dayton International Airport lost its Air Canada nonstop service to Toronto, but gained the promise of new direct service in 2012 on Delta Air Lines to New York's LaGuardia Airport. The airline industry's give-and-take is likely to continue in 2012 as carriers, coping with high fuel prices and a sluggish economy, keep shrinking flight schedules to reduce fuel burn and fly planes with fuller passenger loads.

Airports challenged to retain flights as carriers cut back

DAYTON — This year, Dayton International Airport lost its Air Canada nonstop service to Toronto, but gained the promise of new direct flight service in 2012 on Delta Air Lines to New York City and on AirTran Airways to Denver.That type of air service give-and-take is likely to continue in ...

Tips for redeeming a rebate offer

Rebate offers are an attractive sales tactic used by companies to entice customers into purchasing full-priced items now, with the intention they will receive a portion of the purchase price back in the future. However, Consumer Reports estimates 40 percent or more of people never collect their rebates, which is ...

Stories for Monday, December 19

Business exporting program is Jan. 19 in West Chester

WEST CHESTER — Corporate executives looking for tips on how to increase their export business are invited to a Miami Valley International Trade Association workshop on Jan. 19.The program, titled “The Exporter’s Toolkit,” is scheduled from 9:30 to 11:30 a.m. at the Wingate Inn in West Chester. It is intended ...

New medical director named at Dayton VA

DAYTON — Regaining veteran and community trust in the scandal-marred Dayton VA Medical Center is the top priority for its new director. “That’s something we’re going to be working hard on,” Glenn A. Costie told the Dayton Daily News on Monday, his first day on the job. For the past ...

Stories for Saturday, December 17

The Air Force is investigating what caused an MQ-9 Reaper unmanned aerial attack vehicle (pictured here in 2007) to crash Tuesday on the Indian Ocean island nation of the Republic of Seychelles.

UAV makers expect U.S. defense demand to continue

DAYTON — The recent crashes of U.S. unmanned military drones in Iran and Seychelles won’t be major setbacks to America’s unmanned aircraft program, a defense industry analyst said.“Unmanned systems, people recognize, are more liable to crash than other aircraft,” said Philip Finnegan, an analyst with Teal Group Corp. in Fairfax, ...

Stories for Friday, December 16

Ohio jobless rate dips to 8.5 percent in November

Ohio’s jobless rate has fallen to its lowest level in nearly four years, according to the state jobs department, which reported Friday that the unemployment rate dipped to 8.5 percent in November, down from 9 percent in the previous month.It was the biggest monthly percentage point drop in unemployment since ...

Stories for Thursday, December 15

Sharonville chamber to honor businesses Jan. 26

SHARONVILLE — The Sharonville Chamber of Commerce will honor local businesses at an awards luncheon Jan. 26.The Business Appreciation and Awards Event will be held from 7:30 to 9:45 a.m. at the Sharonville Convention Center.Cost is $30 per person through Jan. 18, or $35 after that date, or $210 for ...

Kroger to consolidate employee pension funds into new fund

Staff ReportKroger Co. said four of the United Food and Commercial Workers /multi-employer pension funds to which the company contributes will merge into a new fund effective Jan. 1.“This new arrangement is expected to reduce Kroger’s annual pension contribution expense and will secure the pension benefits of more than 65,000 ...

Stories for Tuesday, December 13

Karen Johnson, co-owner of the store Flirt at the Mall at Fairfield Commons was quoted by a DDN writerTuesday 12/13/11. Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That's lower than October's gain, which was revised higher to show a 0.6 percent increase. Still, more spending on retail goods shows the economy continues to grow at a slow but steady pace. Consumers appeared to make more big purchases in November. They spent more on electronics, appliances and autos. So-called core sales, which exclude autos, gasoline and building materials, rose for the 11th straight month.Staff Photo by Jim Witmer

Retail sales post modest rise

WASHINGTON — The start of the crucial holiday shopping season in November helped fuel the sixth straight monthly increase in retail sales. Gift-buying Americans spent more on clothing and electronics, and sales of autos and furniture also rose. Still, the overall gain of 0.2 percent was the smallest since June. ...

Stories for Monday, December 12

CareSource to add 150 jobs statewide by July

DAYTON — CareSource announced Monday that it will create 150 jobs statewide as part of its implementation of a new community-based care management model.Dayton-based CareSource, a fast-growing Medicaid managed care plan that now covers about 10 percent of all insured Ohioans, plans to implement the new model by July 1.The ...

Stories for Saturday, December 10

Getting your chimney cleaned? Tips for hiring a company

With the arrival of chilly weather, many people are longing for a toasty fire in the fireplace and are looking to have their chimneys cleaned in preparation. Your Better Business Bureau is offering advice to help you know which businesses to trust and which to avoid, preventing your hard-earned dollars ...

ITS company vows to ban emails in its operation

It’s a familiar problem for today’s office workers: a seemingly endless stream of emails, many of which need to be read, answered and deleted.Atos Origin, an information technology services company with international operations, has vowed to ban email as a means of internal communication.Its three-year effort is worth watching, but ...

Workers from Booher Blacktop put down a parking lot in front of a new Family Dollar store on Salem Avenue in Trotwood. Top discount store chains nationwide are posting huge jumps in sales as more shoppers are looking for deals.

Dollar stores win customers with more food, better sites

DAYTON — Dollar stores are a growing force in discount retailing, a new study shows.The combined number of stores operated by the four top chains — Dollar General, Dollar Tree, Family Dollar and 99 Cents Only — has surpassed that of the three biggest national drugstore chains — Walgreens, CVS ...

Stories for Wednesday, December 7

The Ohio Health Care Association said that the 60 percent of its members who responded to a survey reported more than 2,800 job cuts. That represents about 8 percent of their staff, said Peter Van Runkle, OHCA’s executive director.

Nursing homes shed thousands of jobs

Nursing homes have shed at least 3,000 jobs in recent months in the wake of cuts to Medicare and Medicaid, two recent surveys show.The Ohio Health Care Association said that the 60 percent of its members who responded to a survey reported more than 2,800 job cuts. That represents about ...

Local offices closing after Cincy company take-over

DAYTON — A Cincinnati automation equipment supplier has taken over business territory for Rexel Inc. in Dayton, Hamilton and Greenville, the company said.Rexel locations in those three cities, including 6196 Poe Ave., will close Friday as the acquiring company, CBT Co., takes over Rexel’s assets in those locations, said in ...

Stories for Sunday, December 4

(File) A U.S. Postal Service employee helps a customer in the lobby of a post office in Fairfax, Virginia, U.S., on Wednesday, Nov. 30, 2011.

Will package thefts surge along with online holiday sales?

SPRINGFIELD — With online holiday sales already surging 15 percent this year, authorities are warning that an uptick in package thefts is sure to follow.Already, online spending in the U.S. topped $12.7 billion for the first 25 days of the holiday shopping season compared to the same period last year, ...

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