Business Stories for December 2012
Stories for Tuesday, December 11
2013 outlook: Economy may contract
Next year’s economy is predicted to contract making it difficult for businesses and investors to navigate, said leaders of James Investment Research Inc. during a preview of their annual economic forecast on Monday.Several factors conspired to give the firm’s 2013 outlook a pessimistic edge: The approaching “fiscal cliff,” higher federal ...
Trade deficit sours; lawmakers says Ohio workers threatened by cheap imports
The U.S. trade deficit jumped in October, the U.S. Commerce Department reported Tuesday as Ohio Senators Sherrod Brown and Rob Portman both testified before a trade panel to support Ohio manufacturing workers threatened by product dumping.Exports dropped 3.6 percent to $180.5 billion. Imports fell 2.1 percent to $222.8 billion.The trade ...
International company looks to expand in region
Huhtamaki, a consumer goods, packaging and paperboard maker, known for its Chinet brand products, is expanding its footprint in the region to add a new manufacturing facility in Batavia.Plans are to make paper cups in Batavia, with a total investment in equipment, renovations and real estate of approximately $57 million, ...
Stories for Monday, December 10
Kettering Health Network awarded brain surgery tech upgrade
Cathy Bryan said she felt like she was appearing in a episode of the sci-fi classic “Star Trek” as she prepared Monday to undergo an advanced radio surgery at Kettering Medical Center that allowed her doctors to perform brain surgery without opening her skull. “No blood. No recovery,” said the ...
Today to be busiest of year for FedEx
FedEx expects to have its busiest delivery day of the year today.Company officials said about 300,000 team members will deliver millions of packages. An estimated 19 million packages are expected to be shipped, up 10 percent from the busiest day in 2011.E-commerce has driven deliveries up.“E-tailers will feed the FedEx ...
Stories for Monday, December 3
Auto sales remain brisk
DETROIT (AP) — A better economy and extra demand after Superstorm Sandy lifted U.S. auto sales last month.Carmakers from Chrysler to Volkswagen reported brisk demand in November, and said sales rose on everything from small SUVs to sedans.Americans are willing to buy a new car or truck because they are ...
Some Ohio employers reluctant to forecast job needs
Ohio’s efforts to train workers for the jobs of the future are being hampered by a lack of information about what these jobs might be. Gov. John Kasich and members of his newly formed Executive Workforce Board admit they are frustrated by the lack of participation they are receiving from ...
Stories for Saturday, December 1
How not to go in debt buying gifts for the holidays
With the holidays near and the shopping frenzy under way, don’t be one of the millions scratching their heads wondering how to pay for those gifts. Your Better Business Bureau can help you stick to a budget and stay out of the red. According the National Retail Federation (NRF), $59.1 ...
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