Associated Press

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Business & Technology
6:55 am
Wed July 27, 2011

Ohio Consumer Advocate is Against AEP Rate Plan

The state's advocate for residential utility customers says American Electric Power's proposed rate plan could raise next summer's rates for many Ohio customers by 31 percent.

The office of the Ohio Consumers' Counsel said Tuesday that the proposal would shift rates for generating electricity, leaving residential customers paying more in relation to commercial and industrial users. It argues instead for a uniform rate change across all categories.

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Statewide News
6:36 am
Wed July 27, 2011

120 Ohio Post Offices Studied for Possible Closing

About 120 post offices in the state are among those being considered for closure by the U.S. Postal Service to save money. The list of offices facing a review includes 11 in Cleveland, six each in Columbus and Dayton, five in Toledo, three in Akron and one in Cincinnati.

Elections
12:50 pm
Tue July 26, 2011

UPDATE: Ohioans Will Be Able to Vote on Federal Healthcare in November

Ohioans will be able to vote this November on whether they want to participate in the national health care overhaul.

Secretary of State Jon Husted said Tuesday that opponents to the overhaul collected nearly 427,000 valid signatures to get a constitutional amendment on the ballot. The measure needed roughly 385,000 signatures.

At question is a proposed amendment to Ohio's Constitution to keep people from being required to buy health insurance or face penalties. The federal mandate would go into effect in 2014, when new competitive insurance exchanges are scheduled to open.

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Business
8:35 am
Tue July 26, 2011

Corn Prices Fall as Heavy Rain follows High Heat

Corn prices fell Monday after storms delivered rain to crops that had been baking in a heat wave across much of the Midwest.

Corn for December delivery fell 11 cents to settle at $6.745 a bushel. Other commodities were mixed as congressional leaders continued to debate ways to raise the U.S. debt limit, and cut spending.

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Politics
7:06 am
Tue July 26, 2011

Tea party Activists Support House Speaker John Boehner in Debt Debate

Tea party activists in House Speaker John Boehner's district are offering him encouragement in the debt crisis negotiations.

They say they want to show support for Boehner's tough position in the showdown in Washington.

A couple hundred supporters, rallied Monday afternoon in West Chester Township. Boehner and other congressional leaders are working to find agreement on a deficit reduction plan with a stated Aug. 2 deadline

Cincinnati tea party leader Mike Wilson says he and others want Boehner to make sure there are significant federal spending cuts.

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