The GOP national convention to nominate a presidential candidate in 2016 will likely be held in Cleveland, the Republican National Committee said.» Read More
Oct 3- Standard& Poor's Ratings Services today said its issue-level rating on Loveland, Ohio- based integrated packaging solutions company Pro Mach Inc.' s credit facility is unchanged. The company is proposing to add $40 million to its existing $255 million credit facility, for an aggregate of $295 million.
Less than three months remain until the maximum rate of 15 percent on long-term gains rises to 20 percent unless Congress extends the Bush-era tax cuts. On top of that, the health care reform package imposes a new 3.8 percent Medicare tax on the investment income of high-income earners.
--U.S. gaming operator Cannery Casino Resorts closed on $590 million in new senior secured credit facilities to refinance its existing debt.
DENVER-- The manager of a Denver Chipotle restaurant has become an Internet celebrity thanks to the wide-eyed pose he struck alongside Mitt Romney when the Republican presidential candidate stopped by for lunch. Marty Arps, 20, posed for a group photo with Romney and Chipotle Mexican Grill Inc. employees Tuesday afternoon.
CLEVELAND-- TransDigm Group Inc. said Wednesday it has asked lenders to increase its credit facility so that it can pay its shareholders a special dividend. The Cleveland- based aircraft parts maker said it is considering paying between $400 and $850 million to shareholders before the end of the year, using funds from the possible new debt financing.
Oct 3- Coatings and sealants maker RPM International Inc raised its profit and sales growth forecast for 2013 on recent acquisitions and growth expectations in North America. The company, which has manufacturing facilities in 20 countries outside the United States, acquired three companies during the first four months of the year, it said.
CHICAGO, Oct 3- Ask Macy Gray about her net worth, and the Grammy-winning R&B singer and songwriter is not sure- though she is perfectly willing to help out with a little online research. exclaims Gray, 45, an Ohio native who calls Los Angeles home. " It says here I'm worth $38 million.
COLUMBUS, Ohio-- The casino set to open Monday in Ohio's capital is testing its operations with an invitation-only demonstration day. The $400 million Hollywood Casino Columbus says proceeds from Wednesday's games will go to five local nonprofit organizations.
*Best Buy founder, private equity firms examine books. Stocks oscillated between gains and losses as hopes that Spain will eventually request a bailout were offset by concern over China's slowing economy.
MEDINA, Ohio-- RPM International Inc. said Wednesday its fiscal first-quarter net income fell by more than half, hurt by hefty charges mostly related to a drop in value of assets in India.
INDIANAPOLIS-- Campaign cash from outside political groups is flooding into conservative states with close Senate races like Indiana, Arizona and Montana, where residents are more accustomed to local news promos between football games than the relentless, often snarky attack ads.
John Kasich for a dollar to help jump-start Ohio's job-creation efforts is leaving his state management job and returning to the private sector. Mark Kvamme will resign as president and interim chief investment officer of JobsOhio effective Nov. 1, board Chairman Jim Boland announced Tuesday.
Oct 3- RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges but it raised its profit and sales growth forecast for 2013..
In Maine, New Jersey and North Carolina, officials have refused to allow new cyber-schools to open this year, citing concerns about poor academic performance, high rates of student turnover and funding models that appear to put private-sector profits ahead of student achievement.
Oct 3- RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges. Profit fell to $33.9 million, or 26 cents per share, in the first quarter, from $76.8 million, or 59 cents per share, a year earlier. The Medina, Ohio- based company's shares closed at $26.63 on Tuesday on the New York Stock Exchange.
Republican challenger Mitt Romney has pulled even with President Obama in the critical swing state of Florida, a new NBC News/Wall Street Journal/Marist poll has found.
COLUMBUS, Ohio-- For decades, one tiny county in the rolling hills of Ohio's rural reaches was a depressed farm community saddled with double-digit unemployment. Now, Carroll County boasts more active oil and gas wells than any other in the state, and the tax dollars are flowing right along with the crude and natural gas.
_ ALASKA: Governor's proposed oil tax cuts failed to gain approval. _ FLORIDA: Oil production taxes reduced to offset technological costs of extraction. _ IDAHO: Replaced an existing oil tax with a 2.5 percent conservation tax on the market value of all oil and gas produced.
LAS VEGAS-- With billions of dollars at stake, the head of the gambling industry's main lobbying group sounded a pessimistic note Tuesday about the prospect of Congress passing Internet regulatory laws this year.