Behind the numbers is a disconcerting brew of statistics that shows the jobs market is far from full health.» Read More
MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"
Transtar's owner, private equity firm Friedman Fleischer& Lowe LLC, has hired investment banks Bank of America Corp and Harris Williams& Co to run an auction for the company, the people said this week. Friedman Fleischer& Lowe, Transtar and Bank of America declined to comment.
NEW YORK— The Abercrombie& Fitch logo has lost the power it once wielded. Shares of Abercrombie& Fitch Co. tumbled Thursday after reporting weak sales as more teens shop elsewhere.
CINCINNATI— Low-fare carrier Frontier Airlines announced Thursday it is doubling its service from the Cincinnati/Northern Kentucky International Airport. Frontier will begin daily flights to Dallas-Fort Worth on Oct. 26, with multiday service also coming to Las Vegas; Phoenix; and Orlando and Fort Lauderdale, Florida.
NEW ALBANY, Ohio— Abercrombie& Fitch Co. on Thursday reported earnings of $12.9 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Analysts expected $917 million, according to Zacks.
THANON NANG KLARN, Thailand— In a story Aug. 25 about insects being raised for food around the world, The Associated Press reported erroneously that the first cricket farm in the United States will open this year in Youngstown, Pennsylvania.
The argument goes something like this: Beyond failing to fix broken immigration laws, Congress hasn't even provided the government with enough resources to fully enforce the laws already on the books.
WASHINGTON— The White House is crafting a blame-it-on- Congress legal justification to back up President Barack Obama's impending executive actions on immigration.
The Horseshoe Casino in downtown Baltimore opened its doors Tuesday night. Gambling experts say rust-belt towns like Philadelphia, Cleveland and now Baltimore have become desirable casino locations, especially as gambling destinations like Atlantic City continue to plunge into economic decline.
LOS ANGELES— In a story Aug. 23 about the declining number of gay bathhouses The Associated Press reported erroneously that Todd Saporito, the CEO of Ohio- based Flex Spas, ran the Gay Games that were held in Cleveland. LOS ANGELES— Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open.
A National Transportation Safety Board spokesman says a preliminary report on the Monday night plane crash in suburban Cleveland should be ready within 10 days. All four people aboard the plane were students at Case Western Reserve University.
COLUMBUS, Ohio— Express Inc. on Wednesday reported earnings of $6.9 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. Analysts expected $460 million, according to Zacks.
WASHINGTON— Burger King plans to become is the latest U.S. company to shift its legal address out of the country by merging with a foreign company. Burger King has announced plans to buy Tim Hortons, the Canadian coffee-and-doughnut chain.
Burger King plans expansion of Tim Hortons. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain.
Columbus, Ohio- based DSW earned $34.3 million, or 38 cents per share, for the period ended Aug. 2. A year earlier it earned $33.7 million, or 37 cents per share. That topped the average estimate of analysts surveyed by Zacks Investment Research, who expected earnings of 30 cents per share.
Las Vegas led with a 15.2 percent gain. But prices in Las Vegas, Phoenix, Miami and Tampa, Florida, are still at least 33 percent below their housing bubble peaks of almost a decade ago. But buying remains 4.3 percent below the July 2013 level, according to the National Realtors Association.
The workers perform health care services for Ohioans enrolled in both Medicaid and Medicare. The federal Medicare program serves the elderly and disabled. Medicaid provides coverage for the poor through state and federal funding.
It's taken away the need to sneak into back-alley places, "said Dennis Holding, 75, who owns a Miami- based bathhouse. In the last decade, bathhouses, including ones in San Diego, Syracuse, Seattle and San Antonio, have shut down and the total nationwide is less than 70. Most patrons are older.
Todd Park, a successful tech entrepreneur who became a top adviser to President Barack Obama, will move to the West Coast at the end of the month as part of a White House team, the source said on condition of anonymity because it has not been made public.
Yellen: Job market makes Fed hesitant on rate hike. JACKSON HOLE, Wyoming— If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:. North Texas, SMU and Troy University will begin beer sales to the general public this season.