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  • DSW tops 1Q profit forecasts Wednesday, 27 May 2015 | 7:36 AM ET

    COLUMBUS, Ohio _ DSW Inc. on Wednesday reported fiscal first-quarter profit of $47.4 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Six analysts surveyed by Zacks expected $659.5 million.

  • May 26- Four regional Federal Reserve banks continued their unsuccessful efforts to convince the central bank to raise the rate it charges commercial banks for emergency loans, meeting minutes released on Tuesday showed. Ahead of the Fed's April 28-29 policy-setting meeting, directors of the Philadelphia, Kansas City, Cleveland and Dallas Fed banks asked...

  • WASHINGTON— U.S. home prices rose at a steady pace in March, pushed higher by a limited supply of houses for sale. The Standard& Poor's/Case-Shiller 20- city home price index rose 5 percent in March from 12 months earlier, the S&P said Tuesday. The median home sold in just 39 days in April, according to the National Association of Realtors, compared with 52 in March.

  • WASHINGTON— A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama's health care law. But it's Republicans— not White House officials— who have been talking about damage control. A likely reason: Twenty-six of the 34 states that would be most affected by the ruling have Republican...

  • WASHINGTON— A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama's health care law. But it's Republicans— not White House officials— who have been talking about damage control. A likely reason: Twenty-six of the 34 states that would be most affected by the ruling have Republican...

  • WASHINGTON— Congress has sent President Barack Obama a bill to keep highway and transit aid flowing to states for another two months and prevent shutdown of summer construction projects. It's the 33rd time in more than six years that Congress has resorted to a temporary patch to keep transportation programs going, 12 bills specific to highway and transit...

  • Congress passes 2-month highway, transit aid extension Saturday, 23 May 2015 | 1:46 AM ET

    WASHINGTON— Congress sent President Barack Obama a bill to keep highway and transit aid flowing to states for another two months and prevent shutdown of summer construction projects. It's the 33rd time in more than six years that Congress has resorted to a temporary patch to keep transportation programs going, 12 bills specific to highway and transit...

  • Senate clears White House-backed trade bill Saturday, 23 May 2015 | 12:16 AM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Separate legislation to prevent parts of the anti-terror USA Patriot Act from lapsing on June 1 was caught in a...

  • CHARLESTON, W.Va.— Appalachian coal mining suffered a double blow Friday, as Murray Energy announced plans to lay off more than 1,800 miners, most from West Virginia, and Alpha Natural Resources told another 439 Mountain State miners they could be out of work. On Friday, St. Clairsville, Ohio- based Murray Energy said it told 1,417 workers at five West Virginia mines...

  • US oil and natural gas rig count drops by 3 to 885 Friday, 22 May 2015 | 1:22 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885.. Among major oil- and gas-producing states, Louisiana lost four rigs, West Virginia declined by three and Kansas, North Dakota and Ohio each lost one. Alaska, California, Colorado, Texas, Utah and Wyoming were all...

  • LONDON, May 22- U.S. Steel Corp said it is close to filing several anti-dumping complaints with U.S. authorities, adding it is still having to consider idling more plants because of difficult market conditions. The Pittsburgh- based company has idled plants in Indiana, Illinois, Alabama, Texas, Ohio and Arkansas this year. It's no longer a matter of if we're going to...

  • John Kasich on Friday rescinded a pair of directives issued by his predecessor that allowed independent home health care and child care workers under contract with the state to unionize, arguing the key union benefit of health insurance coverage is now widely available elsewhere. Ted Strickland, a Democrat— one in 2007 for home health care workers, another in...

  • Private equity fund buying Cincinnati-based Frisch's Friday, 22 May 2015 | 9:07 AM ET

    Frisch's Restaurants Inc. said NRD Partners I will buy all outstanding shares for $34 each, or some $175 million. The regional chain of the Big Boy mascot and namesake two-burger sandwich owns some 95 family restaurants in Ohio, Kentucky and Indiana. Frisch's says it owns the "Big Boy" trademark in Kentucky and Indiana, and in most of Ohio and Tennessee.

  • Amtrak spokesman Marc Magliari told the Hamilton-Middletown Journal-News that it may make business sense to create a stop in Oxford, 25 miles north of Cincinnati. Miami University, which has more than 1,400 students from Illinois alone, has been working with the city to pursue the stop there. Amtrak's Cardinal Line currently runs from Chicago to New York City...

  • Senate clears White House-backed trade bill Friday, 22 May 2015 | 3:08 AM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. A total of 48 Republicans supported the measure, but only 14 of the Senate's 44 Democrats backed a president of their...

  • BUCKEYE LAKE, Ohio— An engineering firm that analyzed the deteriorated dam at central Ohio's Buckeye Lake suggested Friday that changes could be made to raise the water level and keep boats and surrounding businesses afloat without decreasing safety, though state officials have some concerns about the proposals. The local chamber of commerce sought an...

  • WASHINGTON, May 21- The largest overhaul of U.S. financial industry reform since the 2008 crisis hit a roadblock on Thursday, as a regulation relief bill passed a Senate committee with zero Democrats in support. Wall Street dodged a tough provision as Republican Senator David Vitter withdrew his amendments, the most significant being a minimum 10 percent...

  • Listeria: FDA finds problems at Ohio ice cream plant Thursday, 21 May 2015 | 11:32 AM ET

    WASHINGTON— A government investigation of Ohio- based Jeni's Splendid Ice Creams found inadequate testing and cleaning in its Columbus plant that had become contaminated with listeria. The Jeni's recall came as Texas- based Blue Bell Creameries also shut down and recalled all products after listeria in its products was linked to three deaths.

  • CVS paying $10.4B in cash for drug distributor Omnicare Thursday, 21 May 2015 | 7:18 AM ET

    CVS Health will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: care for the elderly. Omnicare's long-term care business operates in 47 states and the District of Columbia. Cincinnati- based Omnicare's core business involves...

  • REX posts 1Q profit Thursday, 21 May 2015 | 7:09 AM ET

    DAYTON, Ohio _ REX American Resources Corp. on Thursday reported fiscal first-quarter profit of $3.9 million. The Dayton, Ohio- based company said it had profit of 50 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.