Ohio Business News
Horses loose at Ohio farm where exotics escaped
A sheriff says his office is investigating after horses repeatedly escaped from the Ohio farm where dozens of exotic animals were released by their suicidal owner and later killed by authorities last fall. Two surviving leopards, two primates and a bear were returned to the owner's widow and the farm ...
Ohio lawmakers to work on gambling bill compromise
A group of state lawmakers are slated to discuss and possibly vote Tuesday on a compromise to a wide-ranging bill that sorts out regulations for casinos, racetrack slots and other forms of gambling in Ohio. State Rep. Lou Blessing, a Cincinnati Republican, had told a negotiating committee last week that ...
Eaton buying Cooper Industries in $11.46B deal
Eaton Corp. has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday would create a company that manufactures products for a wide range of electrical ...
Environmentalists criticize Ohio drilling rules
State lawmakers heard more than six hours of testimony Monday from environmentalists and others with concerns about a bill laying out Ohio's new regulations for horizontal shale drilling. The House Public Utilities Committee has scheduled a tentative vote on the bill Tuesday. Besides rules for shale drilling, the wide-ranging legislation ...
Ohio's second casino is all about convenience
Ohio's latest casino isn't billing itself as a destination resort. It's focusing on convenience. The Hollywood Casino in Toledo that will open in just over a week doesn't have a hotel or spa, and it isn't within walking distance of any attractions. But, there is easy access from Interstate 75, ...
Ohio Turnpike to lower caps on management salaries
The Ohio Turnpike says it will save $2 million next year by cutting management costs, including asking employees to contribute more to their health insurance. The changes include higher employee contributions for health care, higher deductibles and fewer carry-over vacation and sick days. Turnpike director Rick Hodges said Monday that ...
Ohio university sues over birth control mandate
Franciscan University of Steubenville is suing Obama administration officials over the federal mandate requiring most employers to cover birth control. The school and an association of Michigan dioceses said Monday the mandate violates religious freedom by requiring a Catholic entity such as the university to comply. President Barack Obama offered ...
Editorials from around Ohio
Excerpts of recent editorials of statewide and national interest from Ohio newspapers: The (Cleveland) Plain Dealer, May 21 With Ohio becoming the new Wild West of shale fracking, it behooves Ohio House members rushing to wrap up a mammoth oversight bill this week to fix some obvious shortcomings — although ...
RG Steel eyeing asset sales, spokeswoman confirms
A spokeswoman for RG Steel says the company is considering selling steel mills in three states, including the Sparrows Point plant outside Baltimore. RG Steel spokeswoman Bette Kovach on Monday confirmed reports that potential buyers have expressed interest in acquiring company facilities and all options are on the table. Kovach ...
Ohio livestock prices
The Eastern Cornbelt Daily Direct Summary from Friday as reported by the U.S. Department of Agriculture's Agriculture Marketing Service: Barrows and gilts on a carcass basis: 60 cents lower. BASE MARKET On a carcass basis plant delivered (54-62 pct. lean) 76.00-84.50, weighted average 78.83. Actual pricing with lean premiums added: ...
Pa. health care company seeks gas drilling facts
Some people are absolutely sure gas drilling threatens public health, while others are absolutely sure it doesn't. Geisinger Health Systems is looking for more facts on the debate. "Our concern is getting reliable data so we know what to do for our patients," said David Carey, director of Geisinger's Weis ...
Private equity firm buys 4 newspapers in Midwest
An affiliate of a Philadelphia-based private equity firm is buying four newspapers in the Midwest, including one in northwest Ohio. Freedom Communications is selling the newspapers to an affiliate of Versa Capital Management LLC. Irvine, Calif.-based Freedom announced the sale Thursday. The papers in the sale are The Lima News ...
Compulsive gambler bans himself from Ohio casino
Ohio's casino commission has a way to help problem gamblers from giving into temptation by allowing them, and anyone else, to ask the commission to ban themselves from any of the four casinos opening in the state. People can ask to be excluded for a year, five years or life. ...
Ohio to track classroom money, student performance
The political fire still burns in Ohio to push more public money into classrooms, even after other states have backed off the idea amid evidence it does little to improve kids' grades. The state's latest strategy is to mandate that district spending be winnowed from the existing five spending categories ...
Romney, GOP guvs have differing takes on economy
In Virginia, Gov. Bob McDonnell runs TV ads hailing the state's business growth. Ohio Gov. John Kasich tells anyone who will listen that 100,000 jobs have been created or retained on his watch. And Michigan Gov. Rick Snyder promotes a state budget that's on solid ground for the first time ...
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