Columbus CEO Archives

August 2014 Edition

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Scientific Games strikes $3.3B deal to buy Bally

NEW YORK (AP) - Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games.

Citi says SEC has closed probe of mortgage bonds

WASHINGTON (AP) - Citigroup Inc. says it's been told by the Securities and Exchange Commission that the agency has completed its investigation of the bank's conduct regarding mortgage bonds and won't bring further enforcement action.

P&G to shed up to 100 brands

CINCINNATI (AP) - Procter & Gamble Co. is dramatically pruning its product lineup to focus on the most popular of its household staples.

Burger King 2Q profit rises 19 percent

MIAMI (AP) - Burger King Worldwide Inc. said its profit climbed by 19 percent in the second quarter as lower costs and growth overseas boosted results.

Burger King 2Q profit rises 19 percent

MIAMI (AP) - Burger King Worldwide Inc. (BKW) on Friday reported net income that climbed by 19 percent in its second quarter, and topped analysts' expectations.

Appeal keeps French rogue trader Kerviel in jail

PARIS (AP) - A Frenchman convicted of one of history's biggest trading frauds was accorded a conditional release from prison - only to have freedom denied with a quick appeal by the prosecutor's office.

RBS half-year profits surge to $2.39 billion

LONDON (AP) - The Royal Bank of Scotland says it made a net profit of 1.42 billion pounds ($2.39 billion) in the first half of the year, up from 535 million pounds in 2013, as it warned that Scottish independence could dent its business.

Attorneys to open Georgia peanut salmonella trial

ALBANY, Ga. (AP) - Attorneys are scheduled to make opening statements in the criminal trial of three people charged in a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.

Global trade deal goes back to drawing board

GENEVA (AP) - The World Trade Organization is regrouping to see whether it is still possible to finalize a major deal to boost global trade after a deadline passed to formally adopt it.

For sale: A nearly nonexistent insurance agency

WASHINGTON (AP) - One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist.

USDA overhauls 50 year-old poultry inspections

WASHINGTON (AP) - The Obama administration is attempting to cut down on thousands of foodborne illnesses linked to chicken and turkey each year with an overhaul of poultry plant inspection rules that are more than 50 years old.

CIA director reverses himself on Senate spying

WASHINGTON (AP) - For months, CIA Director John Brennan had stood firm in his insistence that the CIA had little to be ashamed of after searching the computers of the Senate Intelligence Committee. His defiant posture quickly collapsed after a devastating report by his own inspector general sided against the CIA on each key point of the dispute with the Senate.

CIA director reverses himself on Senate spying

WASHINGTON (AP) - For months, CIA Director John Brennan stood firm in his insistence that the CIA had little to be ashamed of after searching the computers of the Senate Intelligence Committee. His defiant posture quickly collapsed after a devastating report by his own inspector general sided against the CIA on each key point of the dispute with the Senate.

Dow has worst drop since February: What happened?

The Dow Jones industrial average plunged 317 points on Thursday, wiping out its gain for the year. It was the biggest drop since February and gave the index a loss for July after five straight months of gains. Here are some questions and answers about the sell-off and what might come next.

Steelmaker ArcelorMittal sees US, Europe improving

AMSTERDAM (AP) - ArcelorMittal, the world's largest steelmaker, says it swung to a profit in the second quarter on higher steel shipments and better margins, and it sees improving markets in the United States and Europe.

GM boosted June sales with discounts to dealers

As General Motors tackles a safety crisis, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.

GM boosted June sales with discounts to dealers

As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.

Contract talks in Met Opera labor dispute extended

NEW YORK (AP) - It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.

Contract talks in Met Opera labor dispute extended

NEW YORK (AP) - It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.

Focus

Central Ohio companies discuss what they're focused on.

Two gadgets in one

AT&T's Asus PadFone X is an Android tablet/smartphone combination that can be carried as a single device.

Businesses benefit from shale boom

How companies that may seem far removed from the drilling, refining and delivery of oil and gas are becoming a part of Ohio's shale-gas boom

2014 HR Excellence Awards

Presenting top executives, up-and-comers, best practices, creative approaches and enduring achievement among those who support the workforces of some of central Ohio's most successful organizations.

Surrounded by winners

When you work with talented people who are dedicated to their craft, it makes all the difference in the world.

Corporate collections on display

Corporations often showcase their fine-art collections in gallery exhibitions or online galleries in order to share the works with their communities and the general public.

Ohio's Cash Crops

At peak growing season, a look at Ohio's agricultural production and how it ranks nationally.

The Finalists

Seven honorees who bring quality to their organizations through their commitment to HR excellence

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Sick of paying with pennies? Crack open Dennis Kimbro's "The Wealth Choice" and learn how millionaires are made.

Future Leader: Nicole Mauri

Mauri's skill in coordinating the help desk for Safelite's 10,000 employees has earned her a Future Leaders award.

Good Works: Julie Young

Julie Young's efforts to educate employers about the legal opportunities and constraints in human relations have earned her the Good Works award.

Future Leader: Alison Marker

Marker's work revitalizing Thomas & Marker's HR department by putting employees' needs on the front burner helped make her a co-winner of the Future Leaders Award.

APNewsBreak: Colorado tightening edible pot rules

DENVER (AP) - Alarmed by booming sales of highly potent edible marijuana products, Colorado regulators have drafted an emergency rule making it easier for new users to tell how much pot they're eating.

WTC steel company CEO arrested on fraud charges

NEW YORK (AP) - The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center's tallest building and an adjacent transit center has been arrested on fraud charges.

Tesla says decision on battery factory months away

RENO, Nev. (AP) - Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites.

Man accused of putting needles in packaged meat

EAST ST. LOUIS, Ill. (AP) - Federal prosecutors are accusing an Illinois man of inserting sewing needles into packaged ground beef for more than a year at a supermarket in his hometown.

LinkedIn stock jumps after 2Q results

NEW YORK (AP) - Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations.

Congress races to finish VA, highway bills

WASHINGTON (AP) - Congress ran full-tilt into election-year gridlock over immigration Thursday and staggered toward a five-week summer break with no agreement in sight on legislation to cope with the influx of young immigrants flocking illegally to the United States.

1,100 layoffs planned at Alpha coal mines in W.Va.

CHARLESTON, W.Va. (AP) - Alpha Natural Resources expects to lay off 1,100 workers at 11 West Virginia surface coal mines by mid-October, with the company citing dismal markets and federal regulation.

Top 20 Concert Tours from Pollstar

The Top 20 Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows in North America. The previous week's ranking is in parentheses. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.

1,100 layoffs planned at Alpha coal mines in W.Va.

CHARLESTON, W.Va. (AP) - Alpha Natural Resources said Thursday it expects to lay off 1,100 workers at 11 southern West Virginia surface coal mines by mid-October, citing dismal markets and federal regulation.

Tesla posts bigger 2Q loss

PALO ALTO, Calif. (AP) - Tesla Motors Inc. (TSLA) on Thursday reported a wider loss in its second quarter, and beat analysts' expectations.

How the Dow Jones industrial average did Thursday

The Dow Jones industrial average had its worst one-day drop since February, erasing its gain for the year, as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve. The slide interrupted a prolonged advance in the market which brought the Standard & Poor's 500 index to its latest record high close just one week ago.

Shell, Alaska Natives to share in offshore profits

ANCHORAGE, Alaska (AP) - An Alaska Native regional corporation and six Native Village corporations have signed an agreement with a Shell Oil subsidiary that aims to share the profits from offshore drilling off Alaska's northern coast.

AP PHOTOS: Mansion or shack? It's the $1M question

SAN FRANCISCO (AP) - Swimming pool with a hot tub. Four bedrooms and four-car garage. Granite countertops and stainless-steel appliances. That's what $ 1 million will buy you in the Phoenix suburb of Mesa.

Shell, Alaska Natives to share in offshore profits

ANCHORAGE, Alaska (AP) - An Alaska Native regional corporation and six Native Village corporations have signed an agreement with a Shell Oil subsidiary to share the profits from offshore drilling off Alaska's northern coast.

US stocks plunge, wiping out July's gains

NEW YORK (AP) - U.S. stocks had their worst one-day drop since February as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve.

Congress races to finish VA, highway bills

WASHINGTON (AP) - Congress ran full-tilt into election-year gridlock over immigration Thursday and headed toward a five-week summer break with no agreement in sight on legislation to cope with the influx of young immigrants flocking illegally to the United States.

AP PHOTOS: Mansion or shack? It's the $1M question

SAN FRANCISCO (AP) - Swimming pool with a hot tub. Four bedrooms and four-car garage. Granite countertops and stainless-steel appliances. That's what $ 1 million will buy you in the Phoenix suburb of Mesa.

USDA overhauls decades-old poultry inspections

WASHINGTON (AP) - The Obama administration is overhauling poultry plant inspections for the first time in more than 50 years, a move it says could result in 5,000 fewer foodborne illnesses each year.

House leaders abandon border bill

WASHINGTON (AP) - Short on votes, House Republicans abruptly abandoned a bill Thursday to address the immigration crisis on the U.S.-Mexico border after last-minute maneuvering failed to lock down conservative support. An hour later, they called an urgent meeting to plot their next moves.

Exxon profit surges, but production slips

NEW YORK (AP) - Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.

Cracked rail caused 2012 Md. coal train derailment

WASHINGTON (AP) - A coal train derailment that killed two Maryland college students was caused by a broken rail on a section of track being monitored by a railroad because of previous problems, the National Transportation Safety Board said Thursday.

$100 million for firm without offices, 1 agent?

WASHINGTON (AP) - Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners.

Extra jurors seated for long Ga. salmonella trial

ALBANY, Ga. (AP) - After three days of jury selection, a panel with plenty of extra members was seated Thursday to hear the case of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.

SeaWorld, Southwest Airlines ending partnership

ORLANDO, Fla. (AP) - Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, officials with both companies said Thursday, as the airline has been urged by animal rights activists to terminate the relationship.

NY judge: US warrant can reach email in Ireland

NEW YORK (AP) - U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.

FDA to start regulating lab-developed tests

WASHINGTON (AP) - The Food and Drug Administration announced Thursday it will begin regulating laboratory-developed tests, a growing class of medical diagnostics that have never before been subject to federal oversight.

SeaWorld, Southwest Airlines ending partnership

ORLANDO, Fla. (AP) - Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, as the airline has come under fire from animal rights activists over the relationship.

In San Francisco real estate, $1M won't buy much

SAN FRANCISCO (AP) - San Francisco Association of Realtors President Betty Taisch has two words of advice for anyone who wants to live here and thinks $1 million will buy them their dream house: think again.

Journal Communications, Scripps Co. announce deal

NEW YORK (AP) - Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have agreed to combine their broadcasting operations while spinning off newspaper holdings into a separate public entity.

San Francisco million-dollar home sales hit record

SAN FRANCISCO (AP) - A record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, a research firm said Thursday, another sign that affording a place to live is a growing challenge for anyone who isn't tied to the booming technology economy.

Wisconsin Supreme Court upholds 2011 union law

MADISON, Wis. (AP) - The fight over Wisconsin Gov. Scott Walker's signature policy achievement, a law effectively ending collective bargaining for most public employees, ended Thursday with the state Supreme Court declaring it to be constitutional.

Ailing Portuguese bank's shares sink after losses

LISBON, Portugal (AP) - The woes of troubled Portuguese bank Banco Espirito Santo deepened Thursday as its share price plunged on the Lisbon stock exchange, a day after it reported a record half-year loss of 3.58 billion euros ($4.8 billion).

Jury seated in Georgia peanut salmonella trial

ALBANY, Ga. (AP) - A jury has been seated to hear the trial of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.

FDA to start regulating lab-developed tests

WASHINGTON (AP) - The Food and Drug Administration says it will begin regulating laboratory-developed tests, a growing class of medical diagnostics that have never before been subject to federal oversight.

BC-USDA-Eastern Cornbelt Hog Report

LM—HG209
Des Moines, Iowa Thu, Jul 31, 2014 USDA Market News
EASTERN CORNBELT DAILY DIRECT MORNING HOG REPORT BASED ON STATE OF ORIGIN
PLANT DELIVERED PURCHASE DATA FOR Thursday, July 31, 2014 (As of 9:30 AM)
CURRENT VOLUME BY PURCHASE TYPE
BARROWS & GILTS LIVE AND CARCASS BASIS
Estimated Actual...

Journal Communications, Scripps Co. announce deal

MILWAUKEE (AP) - Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have agreed to combine their broadcasting operations while spinning off newspaper holdings into a separate public entity.

Jury seated in Georgia peanut salmonella trial

ALBANY, Ga. (AP) - A jury has been seated to hear the trial of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.

Trial set for Greenpeace activists in P&G protest

CINCINNATI (AP) - A trial date has been set in October for eight of nine Greenpeace activists facing felony charges for an eye-catching protest at Procter & Gamble's headquarters in downtown Cincinnati.

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