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Business Stories for February 2010

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Stories for Thursday, February 18

Duke Energy begins installing new 'smart' meter technology

OXFORD — Duke Energy installed the first of several thousand digital electric meters in Oxford on Thursday, Feb. 18, as part of an estimated $1 billion project for the company’s Ohio service area. In the span of seven minutes, a Duke employee popped out three older electric meters and replaced ...

Stories for Wednesday, February 17

Ohio foreclosures set record in 2009

COLUMBUS — Residential foreclosures in Ohio set a new record in 2009, with signs that the continuing crisis has spread to rural and upscale suburban counties, according to data released on Wednesday, Feb. 17, by the Ohio Supreme Court. Statewide, there were 89,053 foreclosures, up 3.8 percent from the 85,773 ...

Stories for Tuesday, February 16

Online home goods retailer to bring jobs to area

MONROE — Forty-nine shipping jobs could be available when Internet retailer Hayneedle Inc. opens its doors in Monroe this summer.The $3.6 million business, Omaha, Neb.-based Hayneedle Inc,. has signed a lease with Industrial Developments International to locate in the building off Ohio 63 at 1001 Logistics Way.Hayneedle, which has more ...

Stories for Monday, February 15

State to use $50M for electronic medical records

COLUMBUS — The Ohio Health Information Partnership has announced more than $50 million in funding to help make electronic medical records more widely available across Ohio.OHIP, the state-designated entity for health information exchange development, received $43.3 million through the American Recovery and Reinvestment Act of 2009. The state’s 2010-11 biennial ...

Stories for Wednesday, February 10

State establishes fund to invest in energy projects

COLUMBUS — State officials have established a public-private partnership they hope will make at least $80 million available to invest in energy projects and energy technology companies, with a long-term goal of advancing Ohio’s economy by creating new jobs.The Ohio Energy Gateway Fund starts with a total of $40 million ...

Stories for Monday, February 8

New stores coming to Monroe outlet mall

MONROE — Cincinnati Premium Outlets recently welcomed two new stores to the mall off Ohio 63, and three more are on the way.The Children’s Place Outlet and Take a Break are now open, according to a release. Coming this spring are Lane Bryant Outlet, which is scheduled to open March ...

Wilmington charities get $31,000 in donations from group, workers

WILMINGTON — In an area that was economically devastated by 8,000 job losses when DHL closed its express cargo delivery hub, employees of a company with remaining operations there have pledged more than $31,000 for charities this year.The employees are with ABX Air, Airborne Maintenance & Engineering Services and ABX ...

Stories for Thursday, February 4

Hollywood Video to close most local stores

Movie Gallery Inc. plans to close six of its Hollywood Video and Movie Gallery stores in the Dayton area as it restructures itself through federal bankruptcy proceedings. The company filed for Chapter 11 bankruptcy protection from creditors on Tuesday, Feb. 2, and said 760 stores were slated for “immediate” closure, ...

Own a Toyota? Here’s what you should know

If you have a recalled Toyota, here’s what you need to know.• You can continue driving the vehicle, but you should get it fixed as soon as possible.U.S. Transportation Secretary Ray LaHood inadvertently created confusion Wednesday, Feb. 3, by saying, first, that owners of recalled Toyotas shouldn’t drive them. Then ...

Stories for Tuesday, February 2

New initiative to handle consumer complaints for small businesses

COLUMBUS — There’s just one way to describe the hassle office manager Laura Dickinson went through when Dickinson tried to return the new cell phones ordered for the Spurlock Insurance Group in West Chester. “It was a nightmare,” Dickinson said on Tuesday, Feb. 2. The phones were supposed to save ...

AK Steel adds new surcharges

AK Steel Corp. said a $325-per-ton surcharge will be added to invoices for electrical steel products shipped in March 2010, the company said Monday, Feb. 1The new surcharges for AK’s stainless steel products can be found on the company’s Web site, www.aksteel.com.“AK Steel’s surcharges are based on reported prices for ...

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