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Top News & Analysis Ohio

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  • GEORGIA, Vt.— The two cottages on the shore of Lake Champlain will someday be passed down to her children but Enid Letourneau worries the algae that turns the shoreline pea-soup green each August means they won't amount to much of an inheritance. The algae, which can be toxic to humans and dogs, prompted the town of Georgia to reduce the property values $50,000 each...

  • COLUMBUS, Ohio— Big Lots' fiscal second-quarter results beat analysts' estimates and the discount retailer boosted its full-year earnings outlook. Big Lots earned $17.6 million, or 34 cents per share, for the period ended Aug. 1. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

  • Pentagon funding new high-tech venture Friday, 28 Aug 2015 | 6:02 AM ET

    MOUNTAIN VIEW, Calif.— Defense Secretary Ash Carter announced Friday that the Pentagon is funding a new venture to develop cutting-edge electronics and sensors that can flex and stretch and could be built into clothing or the skins of ships and aircraft. He told the Silicon Valley leaders that he is "here to engage. Under the new plan, the Pentagon will provide $75...

  • It will also remain instantly recognizable with its blue-and-gold Goodyear logo emblazoned across the side. But that's OK, too, because from the ground it won't look much different from Goodyear's Spirit of America, which was deflated and disassembled earlier this month after a farewell flight across California. It's a semi-rigid dirigible, " Goodyear's...

  • *Simple barcodes provide too little information. BERLIN, Aug 28- Growing demand for more information about the products we buy could mean the end of the simple barcode- the blocks of black and white stripes that adorn most objects for sale and are scanned five billion times a day. First used on a pack of Wrigley's Juicy Fruit chewing gum in 1974 in a store in Ohio,...

  • COLUMBUS, Ohio— A former Ohio deputy treasurer who fled to Pakistan in the face of a 15- year prison sentence for a kickback scheme delivered a public apology before a federal judge on Friday and was sent to begin his time in U.S. prison. Shackled and in prison khakis, Amer Ahmad appeared before Judge Michael Watson two days after he was extradited from Pakistan.

  • COLUMBUS, Ohio— Supporters of a plan to legalize marijuana in Ohio are challenging the proposal's ballot phrasing and title, arguing in a Thursday filing to the Ohio Supreme Court that certain words are inaccurate and intentionally misleading to voters. The board's chairman, Secretary of State Jon Husted, has said the phrasing is fair. Passage of the proposal,...

  • *Folgers, Dunkin' Donuts coffee prices cut 6 pct. Aug 27- Sales at J.M. Smucker Co's U.S. coffee business rose 12 percent in the first quarter, increasing for the first time in 11 quarters, helped by higher realized prices of its Folgers and Dunkin' Donuts coffee and strong sales of Dunkin' Donuts K-Cup pods. Smucker, the biggest U.S. roaster, cut prices for Folgers and...

  • *Folgers, Dunkin' Donuts coffee prices cut 6 pct. Aug 27- Sales at J.M. Smucker Co's U.S. coffee business rose 12 percent in the first quarter, increasing for the first time in 11 quarters, helped by price cuts of its Folgers and Dunkin' Donuts coffee and strong sales of Dunkin' Donuts K-Cup pods. Smucker, the biggest U.S. roaster, cut prices for Folgers and Dunkin' Donuts...

  • Aug 27- J.M. Smucker Co reported a better-than-expected quarterly profit as cuts in prices of its coffee brands helped sales in its U.S. coffee business to rise for the first time in 11 quarters. The biggest U.S. roaster, considered an industry trendsetter, reduced prices for its Folgers and Dunkin' Donuts coffee brands by 6 percent in the United States last month to...

  • Coffee pods, pet food boost Smucker's 1Q results Thursday, 27 Aug 2015 | 7:24 AM ET

    ORRVILLE, Ohio— J.M. Smucker Co. posted strong fiscal first-quarter results Thursday, thanks to its new Dunkin' Donuts coffee pods and its recently-acquired pet food business. Smucker, known for its fruit spreads, began selling Dunkin' Donuts coffee pods for Keurig coffee machines during the quarter. The average estimate of eight analysts surveyed by Zacks...

  • REX posts 2Q profit Thursday, 27 Aug 2015 | 7:12 AM ET

    DAYTON, Ohio _ REX American Resources Corp. on Thursday reported fiscal second-quarter earnings of $16.4 million. On a per-share basis, the Dayton, Ohio- based company said it had profit of $2.16. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Bimbo Bakeries recalls bread sold in 11 states Wednesday, 26 Aug 2015 | 6:44 PM ET

    NEW YORK— The maker of Sara Lee, Nature's Harvest and other brands is recalling about 48,000 packages of bread sold in 11 states because they may contain fragments of glass from a broken light bulb at a company factory. The recall covers seven different Sara Lee products, two each sold under the Nature's Harvest and Great Value brands, and one each for the Kroger,...

  • Abercrombie & Fitch 2Q results beat Street's expectations Wednesday, 26 Aug 2015 | 7:39 AM ET

    NEW ALBANY, Ohio— Abercrombie& Fitch's fiscal second-quarter results topped analysts' estimates as a key sales metric improved. Abercrombie& Fitch began tinkering with its image earlier this year in an effort to reverse declining sales. Ten analysts surveyed by Zacks Investment Research predicted $811.3 million in revenue.

  • Express tops Street 2Q forecasts, hikes 2015 outlook Wednesday, 26 Aug 2015 | 7:12 AM ET

    Express Inc. also said its net income jumped to $19.8 million from almost $7 million in the quarter that ended Aug. 1, despite a hit from foreign currency exchange rates. Analysts forecast, on average, earnings of 15 cents per share on $505 million in revenue, according to Zacks Investment Research. Shares of Express Inc. jumped 19 percent, or $3.21, to $20.11 in...

  • ALBUQUERQUE, N.M.— Tens of thousands of low-income New Mexicans will have more time to meet work and job-training requirements if they want to remain eligible for food stamps, state officials announced Tuesday. New Mexico Human Services Secretary Brent Earnest told The Associated Press that his department decided to delay implementation of the...

  • WASHINGTON, Aug 25- Five Federal Reserve banks renewed their calls in July for the central bank to raise the rate it charges commercial banks for emergency loans, minutes from the Fed's discount rate meeting last month showed. Ahead of the Fed's July 28-29 policy-setting meeting, directors of the Cleveland, Dallas, Philadelphia, Kansas City and Richmond Fed...

  • BP restarts part of Indiana oil refinery after repairs Tuesday, 25 Aug 2015 | 12:02 PM ET

    SOUTH BEND, Ind.— A large Indiana oil refinery whose unplanned shutdown for repairs earlier this month caused gasoline prices in the Great Lakes region to spike restarted Tuesday, leading experts to predict a quick drop in prices. AAA Hoosier Motor Club reports gas prices hit a high of $2.976 in Indiana for self-serve regular unleaded on Aug. 16 in Indiana.

  • BELLEFONTAINE, Ohio— Ohio mom accused of killing 3 young sons is indicted on charges that carry the death penalty.

  • DSW drops to annual low on disappointing 2Q sales Tuesday, 25 Aug 2015 | 7:09 AM ET

    COLUMBUS, Ohio— Shares of DSW skidded in midday trading Tuesday after the footwear and accessories retailer's second-quarter sales disappointed Wall Street. Shares of DSW Inc. lost $2.81, or 9.1 percent, to $28.06 as the markets rebounded from a steep three-day slide. The company has 449 DSW stores in the U.S. and supplies footwear to 372 other stores under the...