Business Stories for January 2012
Stories for Saturday, January 28
Shoppers need to rely on research, not boastful ads
Americans are exposed to thousands of advertisements every day. Some advertisements use bold claims that mislead consumers. The Better Business Bureau warns you about common tricks advertisers use to deceive you.Lifetime warrantiesLifetime warranties often refer to the usual lifetime of a product. Rarely does “lifetime guarantee” mean the consumer’s lifetime. ...
Controversy rages over medical device tax
MIAMISBURG — Officials with Mound Laser & Photonics Center claim the uncertainty surrounding the federal health care overhaul and its excise tax on medical devices already is hurting their business, but others say the tax is being maligned.MLPC, a laser marking, engraving and etching business at the former Mound Laboratory ...
Stories for Wednesday, January 25
$20M Army contract awarded to sensors operation in Sharonville
The Army awarded a five-year contract, worth up to $20 million, to Northrop Grumman Corp. for ground sensor systems with cameras that can monitor and photograph areas of interest around the clock.The Army’s contract is with Northrop’s electronic systems sector business in the Xetron campus in Sharonville, a Cincinnati suburb.The ...
Stories for Tuesday, January 24
CarMax hiring here and elsewhere
Used car retailer CarMax Inc. is looking for nearly 1,000 qualified new employees nationwide, including six for its West Carrollton store, the company said. The Richmond, Va.-based company is recruiting for more than 965 positions across the country. Most of those jobs will be in sales and service operations, including ...
Stories for Sunday, January 22
Home Depot, PayPal could change the way we pay
ATLANTA — A pilot program that lets Home Depot shoppers use PayPal to make purchases in stores could fundamentally change the way people pay for goods, an analyst said, effectively eliminating plastic in favor of mobile wallets.For now, the joint pilot is in 51 locations. But in March, it should ...
Stories for Friday, January 20
Record liquor sales reflect Ohio's improving economy, officials say
State officials say a boost in liquor sales to bars and restaurants in 2011 reflects a recovering economy in a year that Ohioans spent more on liquor than ever before.Overall sales of liquor in Ohio in 2011 reached a record $793.7 million, up $40 million — or 5.3 percent — ...
Stories for Wednesday, January 18
32,000 high-tech, well-paying jobs left Ohio in 10 years
DAYTON — The U.S. lost more than a quarter of its high-technology manufacturing jobs in the past decade, imperiling the nation’s “global lead in science and technology,” according to a report released Tuesday by the National Science Board.Ohio lost 29 percent, or 32,300, of its high-tech manufacturing jobs, from 2001 ...
Stories for Tuesday, January 17
More job growth forecast in Q1, Q2
The Dayton metro area will see continued job growth through the first half of this year, according to a recently released forecast from Wright State University.The forecast predicts a total gain of nearly 5,000 jobs by the end of the second quarter, compared to the same period last year.However, employment ...
Stories for Saturday, January 14
Avoid fraudulent weight-loss products, supplements
Losing weight is a common resolution after the turn of the new year. With newfound enthusiasm, many people find themselves turning to weight-loss supplements in hopes of quickly reaching their goals.Before committing to a weight-loss product or program, check with your physician, a qualified nutritionist and/or a registered dietitian.Getting a ...
ThyssenKrupp Bilstein filling 60 jobs
HAMILTON — The current expansion project at ThyssenKrupp Bilstein of America is only the beginning of the growth the company hopes to have in future years, said its President and Chief Executive Officer Fabian Schmahl.ThyssenKrupp Bilstein, a manufacturer of automobile shock absorbers, is in the middle of a project to ...
Honda to build NSX 'supercar' in Ohio
With one announcement last week at the 2012 North American International Auto Show in Detroit, Honda surprised auto industry observers in at least two ways.First, the automaker is resurrecting the rare-but-beloved Acura NSX “supercar.” And second, the new NSX will be designed and built in Ohio, not Japan, where the ...
Stories for Thursday, January 12
Home Depot to hire 70K workers for spring
Home improvement retailer Home Depot Inc. will hire 150 seasonal and part-time employees for its Dayton area stores in anticipation of the spring season. The hires are among 70,000 seasonal hires nationally, the company announced Thursday. The number is about the same as last year, the company said. The hires ...
Stories for Wednesday, January 11
Chinese currency manipulation undercuts Ohio jobs, Sen. Brown says
MORAINE — During a visit to HARCO hydraulic brake manufacturing plant Wednesday, Sen. Sherrod Brown, D-Ohio, said Chinese currency manipulation undercuts Ohio products by an estimated 25 to 40 percent, killing manufacturing jobs.Brown called on the House of Representatives to pass legislation that would allow penalties on currency manipulating nations ...
Stories for Tuesday, January 10
Training partnership helps fill jobs in Ohio
CINCINNATI — Thousands of people in the region remain unemployed even though 68,000 Ohio jobs have gone unfilled. Programs that train dislocated workers in growing industries such as bioscience can help close the gap, said Sen. Sherrod Brown, D-Ohio.Brown on Tuesday highlighted the work of Ohio Bioworkforce Training Partnership. It ...
Stories for Saturday, January 7
Check out gym membership details before you work out
Losing weight consistently ranks as a top New Year’s resolution for Americans. Each January, people seek gym and health club memberships to help them reach their newfound fitness goals. Your BBB encourages you to not rush into signing a fitness contract, as it may end up costing more in the ...
Bringing life to industrial site takes time, work
MORAINE — Eight months after a Los Angeles-area developer took control of the former General Motors assembly plant here, the 386-acre site sits largely empty. But Dave Dickerson, president of Gem Real Estate Group, suggests patience. Retrofitting large structures and working with clients, many of whom are considering multiple sites, ...
Stories for Friday, January 6
Cox names sales executive, editor
DAYTON — Cox Media Group Ohio has appointed Terry Bouquot as its new senior director of business operations for the Northern Cincinnati market, effective immediately.The company also has appointed Rich Gillette as editor of its Northern Cincinnati newspapers.In his new position, Bouquot will be responsible for leading CMG Ohio’s Cincinnati ...
Stories for Wednesday, January 4
Most automakers report strong 2011 sales
Most automakers reported stronger 2011 sales Wednesday.An exception was American Honda Motor Co., which dealt with parts supply disruptions after a March 2011 earthquake and tsunami in Northern Japan and flooding in Thailand later in the year. Honda — which has more than 13,000 Ohio workers, including about 1,300 who ...
Stories for Sunday, January 1
Fast food + smartphone apps = savings
I like going to fast food restaurants. Sure, I know I don’t fit the profile. I’m not an 18- to -34-year-old guy anymore. But I am who I am and I order off the value menu wherever I go.Lately, I’ve been using my Android smartphone to download apps from the ...
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