Business Stories for October 2011
Stories for Monday, October 31
AtriCure set to announce third quarter results
AtriCure Inc., a West Chester Twp. maker of medical devices for use in heart surgery, will release its financial results Monday for the third quarter ended September 30.The company had a net loss of $946,650 for the second quarter, according to the company.It had a net loss of roughly $3.8 ...
Stories for Saturday, October 29
Buying gift cards? Learn how to protect them from scammers
Gift cards are perfect for anyone hard to shop for. They allow recipients to select what they want at their convenience. A recent National Retail Federation survey reported more than 58 percent of shoppers say they’d like to receive gift cards this holiday season.Unfortunately, gift cards also are easy targets ...
Yuengling is good news for local beer lovers, bar owners
Southwest Ohio businesses that distribute and sell beer are hoping the arrival of the Pennsylvania-based Yuengling brand to the Dayton and Cincinnati markets will be a shot in the arm for their bottom line.And there’s evidence their hopes will come true: The brand’s introduction into western Ohio already has generated ...
Stories for Thursday, October 27
Cox Media Group to restructure newspaper division
Cox Media Group will restructure operations throughout its newspaper division, the company announced Thursday.For the past year, the company’s four major newspapers, including the Dayton Daily News, have worked to find best practices and ways to consolidate back-office business functions. The company announced Thursday that it will move several operations ...
Stories for Saturday, October 22
Former MCSi CEO to receive sentence
CINCINNATI — Michael E. Peppel, the former chief executive identified by federal authorities as the leader of an accounting fraud that led to MCSi Inc.’s 2003 collapse, faces a potential prison term of eight to 10 years when he is sentenced Monday in federal court.The case has dragged on through ...
Stories for Wednesday, October 19
New trust could benefit “thousands” of Ohio auto parts retirees
A trust has been formed that will allow eligible retirees of auto parts manufacturers — including Delphi — to benefit from lower-cost health care benefits, a law firm has announced.A U.S. bankruptcy court in New York authorized the creation of the Auto Retiree VEBA (Voluntary Employee Benefit Association) Trust), the ...
Stories for Saturday, October 8
Value of farmland continues to climb
DAYTON — Forget the gold rush. The most valuable material in the land right now might be the land itself.While gold prices have retreated after surging to near-record highs, the value of farmland continues to climb at a brisk clip, driven by surging prices for agricultural commodities and a dearth ...
Stories for Thursday, October 6
IKEA announces recall on children’s tent
WEST CHESTER TWP. - Swedish Furniture store IKEA announced a recall of a children’s folding tent it had sold over the summer.IKEA is recalling the BUSA children’s folding tent according to the U.S. Consumer Product Safety Commission because it said the steel wire frame of the tent could break, producing ...
Stories for Wednesday, October 5
Middletown company gets $14.9M Army construction contract
The U.S. Army Corps of Engineers has awarded Better Built Construction Services Inc., of Middletown, a $14.9 million contract to build an Army Reserve center in Michigan City, Ind.The center is to be completed on March 3, 2013, the Department of Defense said on Tuesday.The Middletown company was selected from ...
Stories for Tuesday, October 4
Payroll tax hike, higher unemployment insurance planned for 2012
Ohio employers in 2012 will pay an extra $21 per worker per year in unemployment insurance taxes as the federal government begins to reclaim money it loaned to the state to pay benefits to laid-off workers.The government will reduce by 0.3 percent the credit used to offset federal unemployment taxes ...
Stories for Sunday, October 2
SunCoke helps AK lower raw material costs
The SunCoke Energy coke plant in Middletown can’t open fast enough for AK Steel Corp.The coke plant starts heating up this month and will start producing coke next month, according to SunCoke. Coke is made from heating coal to more than 2,000 degrees until all that’s left is a highly ...
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