Business

Business news

Hostess says it will permanently close three of its bakeries, including Cincinnati, because of an ongoing national strike. One hundred fifty two people work at the Cincinnati location. All will lose their jobs.

Reportedly union workers walked off the job after a new contract imposed cuts in wages and benefits.   Hostess says the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union strike was preventing the facilities from producing and delivering products.

Michael Farr - What Happens After the Election?

Nov 2, 2012

No matter the outcome, there will be an economic impact felt after a new president is elected. To discuss the election as it relates to stocks, bonds, and personal investing, On the Money with Chris DeSimio goes into the belly of the beast – Washington, D.C.

The City of Covington is preparing to officially announce a possible new development downtown.

The public relations firm handling Thursday's announcement confirms plans for a 25-million dollar boutique hotel in downtown Covington.

Channel 9 reports the hotel, pending state funding, would be located in the Covington city building. City government would move elsewhere. The structure, on the northeast corner of Madison and 7th was built in 1910 and housed the Coppin Department Store.

iHerb, an online provider of natural products and food supplements, has announced it will establish a regional e-commerce headquarters in Northern Kentucky. The company is based in California and plans to build a new state-of-the-art e-commerce center at IDI's Park West industrial park in Hebron.

Laurie Wilson

Sep 21, 2012

Laurie Wilson from Game Plan Strategy Student Coaching works directly with high schools students to plan their career paths and the route there through higher education. She’s in-studio with Robyn Carey-Allgeyer to discuss the challenges today’s students face, and provides details of an upcoming information session she will host on October 13.

Investment Strategies

Sep 21, 2012

David Osborn from the investment firm of Osborn, Rohs, Williams and Donohoe is On the Money with Chris DeSimio discussing investment strategies and news from the market.

www.cincybilingualtalent.com

The Cincinnati Hispanic Chamber is launching an initiative to connect bilingual and multilingual people from around the region with companies or others that need their expertise.

Greater Cincinnati's development arm is zeroing in on a piece of Bond Hill history to rejuvenate the area. 

Walking in what was Swifton Commons, now Jordan Crossing, you can see it's in need of a lot of attention. The concrete sidewalks are cracked. The shrubbery is overgrown. The paint on the benches is peeling off and only about a dozen stores remain open. But this property could breathe new life into Bond Hill.

A statewide plan to revive struggling communities is kicking off in Cincinnati. "Moving Ohio Forward Demolition Program" uses national mortgage settlement funds to tear down blighted properties.

The first houses are coming down in East Price Hill.

Ken Smith with the community development organization Price Hill Will is excited about the redevelopment opportunities and other possible land uses.

DHL facility adding more workers

Sep 17, 2012
WVXU News

DHL Express is adding 300 positions as it wraps up its hub expansion at the Cincinnati/Northern Kentucky International Airport.  The logistics company hosts a job fair Tuesday to immediately fill 100 of the new openings.   Recruiter Chris Reinersman says the number of employees has been growing since DHL established its U.S. international hub at CVG three years ago:

Tana Weingartner

Cincinnati's Horseshoe Casino is on schedule to open next Spring. General Manager Kevin Kline says you should expect to see something unique.

"I think it's unique in terms of the architecture... the openness. It's unique in terms of having a one acre outdoor space connected to your casino that you can program and activate. And unique in that... look at the community that we're in, you've got Over-the-Rhine, Pendleton and Downtown all within the doorstep."

WVXU news staff

The Ohio Supreme Court says the Rumpke landfill in Colerain Township is not a public utility and not exempt from the township's zoning authority.

The unanimous ruling from Ohio's high court overturned lower court decisions from a Hamilton County Judge and the First District Court of Appeals. 

The case started in 2006 when the Colerain Township zoning commission and the trustees denied Rumpke's request to expand its landfill facility. 

Rich Boehne of E.W. Scripps

Aug 31, 2012

From selling subscriptions to the Cincinnati Post as a teen, to now serving as president and chief executive officer of the E.W. Scripps Company he is Rich Boehne and he will be On the Money with Chris DeSimio to discuss today’s media landscape.

Jay Hanselman / WVXU

Cincinnati's City Manager said in a memo a disagreement with Duke Energy concerning the streetcar threatens to increase the cost and potentially delay the project. 

The dispute could lead to a lawsuit.

The city and the company are at an impasse about who should pay to relocate the utility lines and pipes near the streetcar tracks.

Jay Hanselman

Cincinnati Mayor Mark Mallory is touting the success of a program he helped launch more than a year ago to get “unbanked” residents to have a relationship with a financial institution.

Mallory said Monday during a press conference “Bank on Greater Cincinnati”  has helped nearly 1,000 unbanked residents open accounts since it launched in April 2011.

The Retirement Maze

Aug 24, 2012

Author Rob Pescale is On the Money with Chris DeSimio to discuss his latest book, The Retirement Maze: What You Should Know Before and After You Retire.

Provided

A current Cincinnati assistant police chief is leaving the department to be the director of security at the new downtown casino.

Horseshoe Cincinnati announced Thursday in a press release Richard Janke will start the new job on Sept. 10th.

“Richard’s law enforcement experience, in-depth understanding of Cincinnati and his commitment to the vitality and safety of downtown makes him a great addition to our team,” said casino General Manager Kevin Kline in a written statement. 

The Einstein of Money

Aug 18, 2012

On the Money with Chris DeSimio welcomes Joe Carlen, whose latest book, The Einstein of Money: The Life and Timeless Wisdom of Benjamin Graham, sheds light on the man who taught Warren Buffet how to invest at Columbia University.

Provided

Cincinnati's new downtown casino is expected to open next spring, and it will begin recruiting for its first positions next week.

Bad Girl Ventures and SoMoLend

Aug 12, 2012

It’s time to check in with Cincinnati’s serial entrepreneur. Candace Klein, founder of Bad Girl Ventures and SoMoLend, talks with Mark Perzel about these two organizations, their tremendous growth, and plans for further expansion.

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