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Business news

City Center Properties

In the fall of 2019, the University of Cincinnati sold the historic Emery building to developers Dave Neyer and Chris Frutkin for $8.55 million. The building, on Central Parkway in Over-the-Rhine, was constructed in 1911 as the Ohio Mechanics Institute. The purchase also includes a letter of intent from The Children's Theatre of Cincinnati to explore a possible renovation of the building's theater for future use.

Downbound Books

A few decades ago, it seemed the days of independent bookstores were numbered. First came Barnes & Noble chain to crush the mom-and-pop shops. Then in 1995, Amazon's arrival led to a significant decrease in the number of independent bookstores. When Amazon launched the Kindle e-reader in 2007, it seemed likely it would deal the final blow. But the unexpected happened.

Pixabay.com

When Toys "R" Us announced its closure in 2017, the other big box retailers didn't reap all the rewards. Independent toy stores are the ones that truly stepped in to fill a void for children and their parents.

MORTAR

As we celebrate Black History Month, MORTAR, a local business accelerator, is looking to the future instead of the past. MORTAR Managing Partner and 2019 Obama Foundation Fellow Derrick Braziel presents Future History Now, a day filled with impactful programming and conversations on Saturday, Feb. 15.

Rethinking Retail

Feb 4, 2020
Courtesy of / Macy's

Iconic department stores like Macy’s are reportedly trying to find new and creative ways of competing in the digital, e-commerce age.  

Pixabay.com

Only 55% of adults participate in a workplace retirement plan, according to the U.S. Bureau of Labor Statistics. New legislation passed in 2019 aims to change those numbers.

Pixabay.com

The City of Cincinnati is now designating nine locations as "rideshare zones" for drop-off and pickup. These locations in the Central Business District, Over-the-Rhine and at The Banks are intended to improve safety and mobility downtown for passengers using Uber, Lyft and taxis. Passengers are still permitted to drop-off and pick up as they have previously in areas outside the designated rideshare zones.

RICHARD DREW / AP

October is historically a volatile time for the stock market and these past few days have been no exception. Among the market worries this month are a number of geopolitical flashpoints including U.S.-China trade talks and the U.K.'s looming deadline to leave the E.U., coupled with weakening U.S. consumer confidence. Many signals suggest a recession could come sooner rather than later.

amazon jobs
Kathy Willens / AP

Bathroom breaks timed to the second. Exceedingly high staff turnover. Vending machines full of ibuprofen painkillers in the workplace. According to author Emily Guendelsberger, features like these aren’t necessarily the exception for low-wage workers. They are the norm.

Business Is Booming For Black Entrepreneurs In Cincinnati

Sep 10, 2019
Ambriehl Crutchfield / WVXU

Fortune 500 companies, craft breweries and eateries tend to dominate business coverage of Cincinnati. But Essence magazine says the Queen City is the fastest growing economic power in the Midwest—in particular, minority businesses are booming, especially if you're black, the magazine says.

Pixabay

The Cincinnati Minority Business Accelerator is getting a $450,000 grant to help entrepreneurs who have been systemically left behind.

Ambriehl Crutchfield / WVXU

Some Cincinnatians are unwinding after the largest tourism event of the year wrapped up Sunday.

fc cincinnati stadium 2019
Courtesty of FC Cincinnati

FC Cincinnati owners are unveiling the design of the team's new soccer 12.4-acre stadium.

boxes
Pete Rightmire / WVXU

More people seem to be trying to simplify their lives by reducing the clutter in their homes and making conscious decisions about what to keep and what to discard.

downtown covington
Michael Monks / River City News

An effort to adopt a business improvement district (BID) in downtown Covington failed a few years ago, never receiving a vote at City Hall. But the Covington Business Council is trying again, this time with new boundaries and a new brand.

Low Income Job Seekers Hope Construction Is A Promising Industry

May 31, 2019
Ambriehl Crutchfield / WVXU

The loud noise and vibration of nail guns scare Justice Thompkins but she likes it. The Life Skills senior is shifting her career interest from cosmetology to construction.

minority business
Pixabay

The income disparity between African Americans and whites in Cincinnati is vast. Only 18% of businesses are black-owned, according to the State of Black Cincinnati report – a jarring statistic for a city whose population is 43% black. In other areas, black Cincinnatians fall behind their white peers in education, employment and income. Now, through a number of initiatives, efforts are underway to increase access to early childhood education, job training and other support mechanisms in an attempt to level the playing field.

Some say, though, those efforts still aren't enough.

cvg
Paul Sancya / AP

During the last two years, the Cincinnati/Northern Kentucky International Airport (CVG) has been the fastest-growing airport in the U.S. in terms of passenger and cargo growth. According to CVG, the airport has a $4.4 billion impact on our region and provides 31,000 direct or indirect jobs.

women's initiative
Courtesy of NKY Chamber of Commerce

The Northern Kentucky Chamber of Commerce Women’s Initiative was created to inspire businesswomen in our region to connect, grow and achieve. The organization's upcoming annual breakfast is one of the largest professional development and networking events of the year.

indigo hippo holiday gift show
Courtesy Indigo Hippo

If you're looking for alternatives to the big box stores for your holiday shopping, homemade gifts can add a personal touch. There are several local non-profits offering holiday gift sales with artist-made items, and classes you can take with your family to make your own gifts this season.

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