Columbus CEO Archives

January 2014 Edition

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Confusion, relief mark start of new health reforms

SACRAMENTO, Calif. (AP) - The new year brought relief for Americans who previously had no health insurance or were stuck in poor plans, but it also led to confusion after the troubled rollout of the federal health care reforms sent a crush of late applications to overloaded government agencies.

Money market fund assets rose $24.04 billion

NEW YORK (AP) - Total U.S. money market mutual fund assets rose $24.04 billion to $2.719 trillion for the week that ended Tuesday, according to the Investment Company Institute.

Original Cheerios to go GMO-free

NEW YORK (AP) - General Mills says some Cheerios made without genetically modified ingredients will start appearing on shelves soon.

Original Cheerios to go GMO-free

NEW YORK (AP) - General Mills says some Cheerios made without genetically modified ingredients will start appearing on shelves soon.

US Treasury bond market at a glance

Key barometers in the Treasury market late Thursday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:

Confusion, relief mark start of new health reforms

SACRAMENTO, Calif. (AP) - The new year brought relief for Americans who previously had no health insurance or were stuck in poor plans, but it also led to confusion after the troubled rollout of the federal health care reforms sent a crush of late applications to overloaded government agencies.

Company makes good on leaving Colo. over gun laws

CHEYENNE, Wyo. (AP) - One of the country's largest producers of ammunition magazines for guns is leaving Colorado and moving operations to Wyoming and Texas because of new state laws that include restrictions on how many cartridges a magazine can hold.

California grants law license to immigrant

SAN FRANCISCO (AP) - The California Supreme Court granted a law license Thursday to a man who has been living in the U.S. illegally for two decades, a ruling that advocates hope will open the door to immigrants seeking to enter other professions such as medicine, nursing and accounting.

Marshal: Fugitive banker homeless before arrest

BRUNSWICK, Ga. (AP) - A south Georgia bank director accused of losing millions of investor dollars before vanishing was homeless and working odd jobs before his arrest earlier this week, a U.S. marshal told a federal judge Thursday.

5 money resolutions for the new year

NEW YORK (AP) - New Year's resolutions often involve eating better and exercising, but you can also use the start of the year to get financially fit.

Company makes good on leaving Colo. over gun laws

CHEYENNE, Wyo. (AP) - One of the country's largest producers of ammunition magazines for guns is leaving Colorado and moving operations to Wyoming and Texas because of new state laws that include restrictions on how many cartridges a magazine can hold.

Colorado's fledgling pot shops face new normal

DENVER (AP) - The second day of the nation's first fully legal marijuana industry was just a bit less frenzied than the first. Rather than hundred-deep lines outside the limited number of licensed retail shops, the queues held several dozen.

Marshal: Fugitive banker homeless before arrest

BRUNSWICK, Ga. (AP) - A U.S. marshal says the south Georgia bank director accused of losing millions of investor dollars before vanishing was homeless before his arrest earlier this week.

Warning issued about oil shipped from ND, Mont.

BILLINGS, Mont. (AP) - Following a string of explosive accidents, federal officials said Thursday that crude oil being shipped by rail from the Northern Plains across the U.S. and Canada may be more flammable than traditional forms of oil.

Study finds Medicaid expansion drove up ER visits

SALEM, Ore. (AP) - A new study has found that previously uninsured people enrolled recently in Medicaid went to the emergency room 40 percent more frequently than others, often seeking help for conditions that could be treated for less in a doctor's office or an urgent care clinic.

A look at what 2014 may hold for small businesses

NEW YORK (AP) - What stresses small business owners the most? Our conversations with them and the research we come across suggest it's a lack of clarity. Well, there's no small business crystal ball - at least one we are aware of - but if one existed, here's a look at what it might reveal for 2014:

Snapchat suffers security breach

NEW YORK (AP) - Snapchat, the disappearing-message service popular with young people, has been quiet following a security breach that allowed hackers to collect the usernames and phone numbers of millions of its users.

AP-USDA-Eastern Cornbelt Hog Report

LMHG209
Des Moines, Iowa Thu, Jan 02, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, January 2, 2014 (As of 9:30 AM)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual...

Correction: YE-Wall Street-Unstoppable Stocks

NEW YORK (AP) - In a story Dec. 31 about the stock market's 2013 performance, The Associated Press reported erroneously that Aberdeen Asset Management has $3 billion in assets under management. The company has about $325 billion in assets under management. The $3 billion is the amount Aberdeen oversees in U.S. stocks.

Snapchat suffers security breach

NEW YORK (AP) - Snapchat, the disappearing-message service popular with young people, has been quiet following a security breach that allowed hackers to collect the usernames and phone numbers of millions of its users.

BC-USDA-Midwest Regional Eggs

NWPY018
Des Moines, IA Thu. Jan 02, 2014 USDA Market News
SHELL EGGS: Daily Midwest Regional Eggs
Daily producer prices are 3 cents lower for Large, and 2 cents lower for
Medium and Small. Midwest delivered asking prices are steady. The undertone
is lower. Retail demand is mostly moderate. Food service demand is...

Cautious start to 2014 for US stocks

NEW YORK (AP) - The U.S. stock market got 2014 off to a cautious start Thursday. Major indexes declined in early trading after ending last year at record levels. Trading has been quiet this week with many investors on vacation.

Fund to help startups using OSU's research

A new fund has been created to help Ohio State University turn technologies into commercial applications that in turn will spur economic growth and create jobs in the state. OSU and the Ohio Third Frontier program have pooled $1 million to create the Technology Concept Fund, which is being managed by TechColumbus.

New MIT technology allows 3D image interaction

CAMBRIDGE, Mass. (AP) - Researchers at the Massachusetts Institute of Technology have found a way to allow people in one place to interact with three-dimensional versions of people or objects in a different location.

Texting, dialing while driving raises crash risk

A sophisticated, real-world study confirms that dialing, texting or reaching for a cellphone while driving raises the risk of a crash or near-miss, especially for younger drivers. But the research also produced a surprise: Simply talking on the phone did not prove dangerous, as it has in other studies.

Legal recreational pot industry opens in Colorado

DENVER (AP) - Crowds were serenaded by live music as they waited for the nation's first legal recreational pot shops to open. They ate doughnuts and funnel cakes as a glass-blower made smoking pipes. Some tourists even rode around in a limo, eager to try weed but not so eager to be seen buying it.

Marketing efforts to uninsured youth ramp up

MIAMI (AP) - The so-called "young invincibles" are so important to the success of the Affordable Care Act that supporters and detractors are spending millions to reach them with racy ads, social media campaigns and celebrity endorsements. The president is even (gasp) asking their mothers to help convince them to sign up for insurance.

Ford to unveil solar hybrid concept car at CES

LAS VEGAS (AP) - Ford plans to unveil at this month's International CES gadget show a solar-powered concept car that offers the same performance as a plug-in hybrid but without the need for a plug.

Ford to unveil solar hybrid concept car at CES

LAS VEGAS (AP) - Ford plans to unveil at this month's International CES gadget show a solar-powered concept car that offers the same performance as a plug-in hybrid but without the need for a plug.

Smart tech moves for the year ahead

It's the ideal time for a tech journalist to make predictions for 2014. But if columnists were any good at seeing the future, we'd be filing our stories from Tahiti instead of Dorchester.

Reid expansion slated for early 2014

GREENVILLE - The Reid Hospital expansion in Greenville is well underway, as the city's Planning and Zoning Department has been working with the business to facilitate construction beginning in the first quarter of 2014, weather permitting.

Pecans' global market widens

Georgia pecan grower Randy Hudson and his fellow farmers are on a mission to bring the American treat to the world.

What's in State's Keystone XL oil pipeline report

A report issued by the State Department Friday raised no major environmental objections to the controversial Keystone XL oil pipeline from Canada. The 1,179-mile pipeline would travel through Montana and South Dakota to a hub in Nebraska, where it would connect with existing pipelines to carry more than 800,000 barrels of crude oil a day to refineries in Texas.

IBM's CEO, other top execs give up 2013 bonuses

ARMONK, N.Y. (AP) - IBM CEO Virginia Rometty and the rest of her senior management team are relinquishing their 2013 bonuses as penance for the technology company's lackluster performance last year.

Holmes defense to take reporter to Supreme Court

CENTENNIAL, Colo. (AP) - Lawyers for the man accused of killing 12 people at a Colorado movie theater said Friday they will ask the U.S. Supreme Court to require a Fox News reporter to reveal the confidential sources she used in a story about defendant James Holmes.

Guiding Tech Growth

A group of enterprising attorneys has built a web portal to help entrepreneurs organize their startup businesses.

Charitable Legacies

Families looking to establish opportunities for ongoing charitable giving have options.

Playing It Safe

Your top salesperson resigns and heads for a competitor. Your mind races. Did she take customer lists, strategic product plans or pricing data with her?

Casino Payout

Business leaders are still betting on the casino to drive an economic comeback on the West Side of Columbus.

Justice delays health law's birth control mandate

WASHINGTON (AP) - The Supreme Court has thrown a hitch into President Barack Obama's new health care law by blocking a requirement that some religion-affiliated organizations provide health insurance that includes birth control.

Sights from Colorado pot industry's opening day

DENVER (AP) - The nation's first recreational pot industry opened in Colorado on Wednesday, kicking off a marijuana experiment that will be watched closely around the world. Already, it is attracting people from across the country.

Marketing efforts to uninsured youth ramp up

MIAMI (AP) - The so-called "young invincibles," are so important to the success of the Affordable Care Act that supporters and detractors are spending millions to reach them with racy ads, social media campaigns and celebrity endorsements.

Shoppers wait for Colorado pot shops to open

DENVER (AP) - Firing up bongs and cheering in a cloud of marijuana smoke, pot users in Colorado hailed the arrival of the nation's first recreational pot industry Wednesday.

Production in Ohio's Utica shale rising fast

Ohio energy companies extracted more than twice as much oil and gas from the Utica shale in the third quarter of 2013 as they did in all of 2012, according to new figures issued by the state.

The Health Law Takes Effect: A Consumer's Guide

Starting Jan. 1, central provisions of the Affordable Care Act kick in, allowing many uninsured Americans to afford health insurance. But the landmark law still faces heavy opposition from Republicans and from a public that remains skeptical the law can improve health care coverage while lowering its cost.

New year means new challenges for health care law

WASHINGTON (AP) - This could be the year that things finally turn around for President Barack Obama's health care law. Yet it could start with another round of glitches that vex consumers and leave Republicans crowing, "We told you so."

New year means new challenges for health care law

WASHINGTON (AP) - This could be the year that things finally turn around for President Barack Obama's health care law. Or it could start with another round of glitches that vex consumers and leave Republicans crowing, "We told you so."

Obama may be best economic president ever

Lend me your ears. I have come to praise President Obama and bury the myth that Republican presidents are better for the economy than Democratic presidents. Not only do Democrats produce superior economic results but they blow Republicans out of the water in the comparisons.

Justice delays health law's birth control mandate

WASHINGTON (AP) - Only hours before the law was to take effect, a Supreme Court justice on Tuesday blocked implementation of part of President Barack Obama's health care law that would have forced some religion-affiliated organizations to provide health insurance for employees that includes birth control.

Lavish parties, uninhibited tourists rule in Vegas

LAS VEGAS (AP) - Las Vegas was revving up Tuesday for what could be its biggest New Year's Eve celebration yet, featuring sold-out concerts and a fireworks show billed as the largest in the country.

New Benefits Math: Calculating ACA's Impact

From the boardroom to the "mom-and-pop" store on the corner, the Affordable Care Act has spurred deliberation and debate about an employer's role as a source of health benefits.

Engaging Venues

Central Ohio offers numerous options for companies looking for interesting venues to hold off-site meetings.

Q&A with McGraw-Hill's Peter Cohen

As the son of an education professor, McGraw-Hill school education group president Peter Cohen has had an insider's view into the evolution of the American classroom.

Lawmakers to take another crack at eminent domain

FRANKFORT, Ky. (AP) - A company that wants to build a pipeline to pump natural gas liquids across Kentucky wouldn't be able to condemn private property through the state's eminent domain law if some leading lawmakers have their way.

Roberts renews call for court funding

WASHINGTON (AP) - Chief Justice John Roberts says Congress and the White House need to restore funding to the nation's federal courts to keep from undermining, in his words, "the public's confidence in all three branches of government."

Roberts renews call for court funding

WASHINGTON (AP) - Congress and the White House need to restore funding to the nation's federal courts to keep from undermining "the public's confidence in all three branches of government," Chief Justice John Roberts said Tuesday in his year-end report.

Catholic groups ask court to halt health care law

WASHINGTON (AP) - Catholic organizations made a last-minute effort Tuesday to get the Supreme Court to block portions of President Barack Obama's health care law that will force them to provide health insurance for students and employees that includes birth control.

BC-Annual NASD Index

2013 Annual Nasdaq...

2013 Annual New York Stock Exchange Index:

HighLowLastChg
Composite10406.778571.0810400.32+1956.81
US...

Markets-At-A-Glance

NEW YORK (AP) - A snapshot of major stock and commodities market indicators Tuesday:

Catholic groups ask court to halt health care law

WASHINGTON (AP) - Catholic organizations are calling on the Supreme Court to stop portions of President Barack Obama's health care law that force them to provide health insurance for students and employees that includes birth control.

US Treasury bond market at a glance

Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $100 invested:

Brewery responds to Starbucks letter with $6 check

ST. LOUIS (AP) - A Missouri brewery has responded to a cease and desist letter from Starbucks by sending the coffee chain a $6 check to cover what it calls the profit from its use of the word "Frappicino."

BC-Orange-juice

NEW YORK (AP) - Frozen concentrate orange juice trading on the IntercontinentalExchange (ICE) Tuesday:

Latvia becomes 18th country to adopt the euro

RIGA, Latvia (AP) - Latvia has become the 18th member of the eurozone, which for all its dents and bruises still represents stability and security to the Baltic country's leaders.

Latvia becomes 18th country to adopt the euro

RIGA, Latvia (AP) - Latvia has become the 18th member of the eurozone, which for all its dents and bruises still represents stability and security to the Baltic country's leaders.

Consumer discretionary stocks rose most in 2013

The Standard & Poor's 500 index logged its best year since 1997, gaining 29.6 percent. All 10 industry groups that make up the index rose, led by consumer discretionary stocks, a broad category that includes department stores, restaurants and entertainment companies. Telecommunications stocks rose the least. Here's a breakdown:

Consumer discretionary stocks rose most in 2013

The Standard & Poor's 500 index logged its best year since 1997, gaining 29.6 percent. All 10 industry groups that make up the index rose, led by consumer discretionary stocks, a broad category that includes department stores, restaurants and entertainment companies. Telecommunications stocks rose the least. Here's a breakdown:

BC-Annual S&P

NEW YORK (AP) - 2013 Standard and Poors Annual Stock Indexes:

BC-Dividends

Pe-Stkofpay-
riodraterecordable
RESUMED
Felcor Lodging TrustQ.021-151-31
REGULAR
Wilshire BancorpQ.031-61-15
g- Payable in Canadian funds.

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