The Economy & Business

The Economy & Business
8:35 am
Thu October 3, 2013

Aviation Hall of Fame Ceremony Moved Due to Government Shutdown

The National Aviation Hall of Fame announced it will move its 51st Annual Enshrinement Dinner & Ceremony due to the federal government shutdown. The event will no longer be held at the National Museum of the US Air Force, and now will move into a smaller venue at the Hope hotel at Wright-Patt.

Enshrinement Director, Ron Kaplan, says the last minute move has created additional expense for the Hall of Fame but believes there’s a greater loss for attendees.

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Farm Bill
12:06 pm
Wed October 2, 2013

Farm Bill Left Hanging in Congress

A truck outside Mike Farm Enterprises south of Dayton. A variety of farm and nutrition programs are at risk since the Farm Bill expired Oct. 1.

Remember the Farm Bill? The omnibus law that funds food stamps, crop insurance, and a slew of farm subsidies? At midnight Monday, a nine-month extension of the latest version of that bill expired, which means for the moment, the law reverts to its 1949 version.

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The Economy & Business
10:27 am
Tue October 1, 2013

Feds Intervene in West Dayton Banking Controversy

A map of the West Dayton "banking desert." Regulators, bankers and community members met Monday to talk about filling the gap left by the shuttering of the Westown PNC branch.
Credit WYSO/Lewis Wallace

Federal regulators held a public meeting Monday to talk about banking services in West Dayton. The closing of the Westown PNC branch this summer has turned a large part of West Dayton into a “banking desert”; from the former site of the bank, there are no bank branches within a two-mile radius.

At the crowded meeting, David Greer with the Northwest Priority Board called the departure of banks from the neighborhood “redlining.”

“It is a form of discrimination, and this is something that we as a people have fought long and hard for decades against,” he said.

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Development
10:33 am
Wed September 25, 2013

Austin Landing Development Stalled by Politics

The Austin Landing development in Miami Township has been stalled by a political disagreement. On Tuesday the township’s Board of Trustees gridlocked over a new proposal for the second stage of the project, which is funded with help from the township and a Tax Increment Financing (TIF) district.

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Jobs
4:02 pm
Tue September 24, 2013

Ohio Unemployment Rate Ticks Up in August, Reflecting Long-term Stagnation For Some

Tracie Franklin has been looking for work for months, and says stagnation and low wages have dominated the last few years.
Credit WYSO/Lewis Wallace

Unemployment numbers are out for August, and Ohio’s rate was right in line with the national rate of 7.3 percent. But while the U.S. unemployment rate went from above 8 percent in August 2012 to 7.3 percent in August 2013, the state numbers actually ticked up slightly from last month and last year.

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