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Freddie Mac posts $4.6B net income for Q1
By MARCY GORDONAssociated PressMortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market. The government-controlled company has turned a profit in the past six quarters.Freddie said Wednesday that it will pay a dividend of $7 billion to the U.S. Treasury next month and ...
CEO poll tabs Ohio as most improved among states
Two separate surveys released Tuesday — one of CEOs, the other of small businesses — concluded that Ohio has greatly enhanced its business climate, with the CEOs declaring Ohio the most-improved among the 50 states. “Both of these studies, especially since they were released on the same day, just highlight ...
Appeals court strikes down union poster rule
By Sam HananelAssociated PressWASHINGTON (AP) — In another blow to the nation’s dwindling labor unions, an appeals court on Tuesday struck down a federal rule that would have required millions of businesses to put up posters informing workers of their right to form a union.The U.S. Court of Appeals for ...
OSU president: ‘Ideas must flourish’
Manufacturing must endure while new ideas must flourish, E. Gorden Gee, president of The Ohio State University, told a Dayton Area Chamber of Commerce annual meeting audience Tuesday. “We are the smoke stacks of this century,” Gee told listeners at the Benjamin & Marion Schuster Performing Arts Center, referring to ...
S&P 500 index ekes out gain
By Matthew CraftAP Business WriterNEW YORK (AP) — Bank of America led a rally in big-bank stocks in mostly quiet trading on Monday. Stock indexes ended little changed following a record-setting run last week.News that Bank of America and MBIA, a bond-insurance company, had reached a settlement over a long-running ...
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