Columbus CEO Archives

March 2015 Edition

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WIRELESS SHOW HIGHLIGHTS: New phones, new ways to connect

NEW YORK (AP) - High-end smartphones from Samsung and HTC have gotten much of the attention at this week's wireless show in Barcelona, Spain, but cheaper options are coming from Microsoft, Lenovo and others too. Meanwhile, Google and Facebook are working on giving people more ways to use those devices.

Russia, Ukraine reach gas deal to avoid cuts this month

BRUSSELS (AP) - Russia and Ukraine reached an agreement late Monday to ensure natural gas supplies to war-torn Ukraine for the month of March, averting possible cuts that could have hit supplies to the European Union.

Nurse who survived Ebola sues Dallas hospital system

DALLAS (AP) - The Dallas hospital that treated the first patient to be diagnosed in the U.S. with Ebola lied to Congress when it said its staff was trained to handle the deadly virus, a nurse who contracted the disease contends in a lawsuit filed Monday.

Volkswagen CEO stands by cautious outlook

GENEVA (AP) - The CEO of Volkswagen AG is staying with his cautious outlook for this year, saying it's a "balanced statement" based on growth in the U.S., Europe and China versus trouble spots such as Russia and Brazil.

Volkswagen CEO stands by cautious outlook

GENEVA (AP) - The CEO of Volkswagen AG is staying with his cautious outlook for this year, saying it's a "balanced assessment" of growth in the U.S. and China versus trouble spots such as Russia and Brazil.

Lawyer for media fights gag order in mine disaster case

RICHMOND, Va. (AP) - A lawyer for media organizations says a gag order in the criminal case of the West Virginia coal mine explosion that killed 29 men violates the First Amendment by barring virtually anyone from discussing it publicly.

Boston commuter rail system operator fined over snow delays

BOSTON (AP) - A French company that operates Massachusetts' commuter rail system has been fined more than $434,000 after nearly two-thirds of trains were late or canceled during the heavy snowfalls that pounded the region last month.

How the Dow Jones industrial average fared on Monday

The Nasdaq composite index closed above 5,000 Monday for the first time since the dot-com bubble peaked 15 years ago. It was only the third time the index has closed above 5,000 in its 44-year history. The other two were March 10, 2000, when it closed at a record high of 5,048, and the day before.

GOP: Our plan would help people losing health subsidies

WASHINGTON (AP) - Congressional Republicans sent a message Monday that they hope the Supreme Court and voters will hear: The country's health care system won't crumble if the justices obliterate a bedrock feature of President Barack Obama's heath care law.

GOP: Our plan would help people losing health subsidies

WASHINGTON (AP) - Congressional Republicans are sending a message that they hope the Supreme Court and voters will hear: The country's health care system won't crumble if the justices obliterate a bedrock feature of President Barack Obama's heath care law.

Nurse who survived Ebola sues Dallas hospital system

DALLAS (AP) - A 26-year-old nurse who contracted Ebola while caring for the first person in the U.S. diagnosed with the deadly disease has filed a lawsuit against the parent company of the Dallas hospital where she worked.

Forbes List: 10 richest people in the world

NEW YORK (AP) - Bill Gates, the founder of technology company Microsoft Corp., topped Forbes' 2015 list of the world's top billionaires for the second straight year. In 2013, Mexican billionaire Carlos Slim Helu was on top. He ranked second this time.

New FDA official inherits raft of projects, challenges

WASHINGTON (AP) - One of the nation's leading medical researchers joined the Food and Drug Administration on Monday, taking on the agency's No. 2 leadership job at a critical juncture for prescription drugs, medical devices and tobacco products.

GSK completes transaction with Novartis

LONDON (AP) - Britain's GlaxoSmithKline PLC and Switzerland's Novartis AG have completed a three-part deal that will offer the British company's shareholders a 4 billion pound ($6.17 billion) windfall.

Russia, Ukraine hold emergency gas talks as cutoff looms

BRUSSELS (AP) - Russia and Ukraine's energy ministers are holding emergency talks after the Russian gas supplier said it would cut off deliveries to the war-torn country as soon as Tuesday if it does not get new payments.

Labor disputes disrupt SAS, Norwegian flights in Scandinavia

HELSINKI (AP) - Scandinavian Airlines says some 50 flights have been canceled Monday to and from Denmark after members of a Danish cabin crew union walked out to protest the carrier's plan to transfer employees to a domestic airline acquired by SAS.

EU gives member states right block GM crops

BRUSSELS (AP) - The European Union is giving member states the power to ban the cultivation of genetically modified crops even if they have been approved by the bloc's food safety authority.

Consumer spending drops 0.2 percent in January

WASHINGTON (AP) - Consumer spending fell for a second consecutive month in January, weakness that was expected to be temporary. Income rose, reflecting strong job gains during the month.

Eurozone gets double dose of mildly positive economic news

LONDON (AP) - The 19-country eurozone got a double dose of mildly positive economic news Monday that will likely be met with relief by the European Central Bank's policymakers as they prepare to hold their next meeting on the Mediterranean island of Cyprus.

Consumer spending drops 0.2 percent in January

WASHINGTON (AP) - Consumer spending fell for a second consecutive month in January, weakness that was expected to be temporary. Income grew, reflecting strong job gains during the month.

Pollution documentary attracts huge interest in China

BEIJING (AP) - A slick new documentary on China's environmental woes has racked up more than 28 million online views in two days, underscoring growing concern in the country over the impact of air, water and soil pollution.

The Nasdaq composite index, then and now

It's taken 15 years for the Nasdaq composite index to approach the record high of 5,048 it reached back in March 2000, at the height of the tech-stock boom that would later collapse. Here are some things that have changed since then, in the index and in the U.S.

Small SUVs, pricey sports cars to dominate Geneva auto show

FRANKFURT, Germany (AP) - Small SUVs for families and powerful sports cars for the rich are the big things at this year's Geneva International Motor Show. Environmentally correct electrics and hybrids, not so much - thanks to cheaper gas and limits on battery life.

Tourism thrives in Malaysia despite association with tragedy

KUALA LUMPUR, Malaysia (AP) - Two airplane catastrophes put Malaysia on the map in a bad way in 2014. But they didn't hurt the country's tourism, and the higher visibility may even have helped: visitor numbers had their strongest growth in years.

Dearth of jobs a barrier to post-bankruptcy Detroit's growth

DETROIT (AP) - When Alison Norris couldn't find work in Detroit, she searched past the city limits, ending up with a part-time restaurant job that's 20 miles away but takes at least two hours to get to via separate city and suburban bus systems.

Surveys show China manufacturing weak in February

BEIJING (AP) - China's manufacturing was lackluster in February and industrial employers shed more jobs, two surveys showed Wednesday, adding to pressure on Beijing to shore up weakening growth in the world's second-largest economy.

Judge denies open records lawsuit against Haslam

NASHVILLE, Tenn. (AP) - A tax attorney who sued for the release of records from Gov. Bill Haslam's administration related to a $350,000 analysis of business tax collections in Tennessee said Tuesday that he likely will appeal a judge's denial of his lawsuit.

Germany trusts Greece to fulfill bailout terms

BERLIN (AP) - Germany's finance minister says he trusts Greece's current government to fulfill the conditions for the bailout deal, but also made clear the country would not receive any further money if it didn't.

New plane tracking to be tested after Malaysia jet mystery

SYDNEY (AP) - Australia, Indonesia and Malaysia will lead a trial of an enhanced method of tracking aircraft over remote oceans to allow planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday.

Small SUVs, pricey sports cars dominate at Geneva auto show

FRANKFURT, Germany (AP) - Small SUVs for families and powerful sports cars for the rich are the big things this year at the Geneva International Motor Show this year. Environmentally correct electrics and hybrids, not so much - thanks to cheaper gas and limits on battery life.

Better plane tracking trialed after Malaysia plane mystery

SYDNEY (AP) - Australia, Indonesia and Malaysia will lead a trial to enhance the tracking of aircraft over remote oceans, allowing planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday.

AP Interview: Greece's repayments to ECB need discussion

ATHENS, Greece (AP) - Greece will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but repayments to the European Central Bank are "in a different league" and will need discussion with Greece's creditors, the country's finance minister said.

Rockbridge CEO James Merkel delivers on hotel investments

Rockbridge has stayed on top of the volatile hotel market through the up and down cycles of the past two decades. CEO James Merkel tells how the firm maintains consistent returns-and how it raised its largest fund to date in 2014.

Unique themes help to market craft beers

A consistent, lip-smacking, thirst-quenching product is all important to craft brew makers in central Ohio, but many of them apply another important element of their business-theme.

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