Behind the numbers is a disconcerting brew of statistics that shows the jobs market is far from full health.» Read More
ORRVILLE, Ohio— J.M. Smucker Co. on Wednesday reported earnings of $116 million in its fiscal first quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share. Analysts expected $1.36 billion, according to Zacks.
Wiesnkoenig, the official supplier of lederhosen for the Munich Oktoberfest, is hoping its fashion-forward take on traditional German clothing takes off in America with the opening of its flagship U.S. store inside a Cincinnati brewery.
NEW YORK— Fortune Brands Home& Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million. Ply Gem, which is based in Cary, North Carolina, said it is buying Simonton to help it grow its windows division and plans to operate the company as a stand-alone business.
*Dandelion native to Kazakhstan yields tyre-grade rubber. MUENSTER, Germany, Aug 20- Dutch biologist Ingrid van der Meer often meets with disbelief when she talks about her work on dandelions and how it could secure the future of road transport.
ALBANY, N.Y.— The retailer Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square. "It is absolutely unacceptable— and it's illegal— for anyone in New York to be treated like a criminal simply because of the color of their skin," Schneiderman said.
Aug 19- The U.S. Coast Guard closed a 15- mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60- year-old power plant owned by Duke Energy 20 miles east of Cincinnati, Ohio.
The 6th U.S. Circuit Court of Appeals on Tuesday dismissed the lawsuit brought by the National Mining Association and other groups.
*Soy eases after USDA shows 71 pct crop good-to-excellent. CHICAGO, Aug 19- U.S. corn and soy futures slipped on Tuesday as a widely watched crop tour projected bumper U.S. harvests and traders expected more reports of robust crops, while wheat jumped on concerns about reduced supplies from Ukraine.
He was indicted along with his former boss, Peanut Corporation of America owner Stewart Parnell, and two others. It also charges Stewart Parnell and the plant's quality assurance manager, Mary Wilkerson, with obstructing justice.
Aug 19- Five thousand gallons of fuel oil spilled into the Ohio River on Monday night from a 60- year-old coal-fired power plant owned by Duke Energy, the company said on Tuesday.
Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.
CINCINNATI— An estimated 5,000 to 8,000 gallons of fuel oil spilled into the Ohio River, closing about a 15- mile section of the waterway southeast of Cincinnati. A Duke Energy spokeswoman says the spill from a Duke power plant in New Richmond, about 20 miles southeast of Cincinnati, happened late Monday night.
CINCINNATI— An attorney for the family of a man fatally shot by police at a Wal-Mart store said Tuesday that surveillance video of the shooting shows it was unjustified, and the state's top lawman said a special grand jury will begin considering whether charges are appropriate against the officers.
Aug 18- Skilled Healthcare Group Inc and privately held Genesis HealthCare said on Monday they have agreed to combine in an all-stock transaction that will create one of the largest U.S. operators of long-term care facilities.
The probe covers trucks from the 2000 to 2012 model years made by Ohio- based Sutphen Corp.. The National Highway Traffic Safety Administration says two ladders fell after the trucks were recalled in May of last year. Six people were hurt in incidents in Belle Valley, Pennsylvania, and Hall County, Georgia.
WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.
Post-election committee leadership changes and growing momentum behind bipartisan fixes may lead to tweaks to the 2010 Dodd-Frank law for the smallest community banks, larger firms such as PNC Financial Services of Pittsburgh and Regions Financial of Birmingham, Alabama, and insurers, lobbyists and congressional staffers said.
TORONTO, Aug 14- Canadian coffee and donut chain Tim Hortons, which has offered only one coffee blend in its 50- year history, hopes to lure new coffee drinkers and fend off rivals such as Starbucks Corp and McDonald's Corp with the launch throughout North America of its new dark roast blend.
ALBANY, Ga.— A former manager of a south Georgia peanut processing plant blamed for a deadly salmonella outbreak lied to federal investigators to protect the company he worked for but decided to come clean after realizing how many people had been sickened, he testified Thursday.
LONDON/ FARGO, North Dakota, Aug 14- Royal Dutch Shell on Thursday announced the sale of two onshore U.S. shale gas assets in exchange for $2.1 billion and acreage in different gas-rich areas as the energy company restructures its North America business and reins in costs.