The Economy & Business

Business & Technology
7:44 am
Tue August 23, 2011

Rural US sharing fed money for broadband Internet

RICHMOND, Va. (AP) - Telecommunications companies in Ohio and 15 other states are sharing more than 103 million dollars in federal funding to help expand broadband Internet access to rural America.

Business & Technology
12:19 pm
Mon August 22, 2011

Small business group backs Ohio's new union law

COLUMBUS, Ohio (AP) - Ohio's largest small business association is throwing its support behind a campaign that is defending the state's contentious new collective bargaining law against a repeal effort on the November ballot.

The law signed by Gov. John Kasich in March bans public employee strikes and restricts collective bargaining abilities for public workers.

The National Federation of Independent Business in Ohio said Monday its membership overwhelmingly supports upholding the law.

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Business & Technology
8:42 am
Mon August 22, 2011

Natural gas driller opens office in northeast Ohio


CANTON, Ohio (AP) - An energy company tapping a major natural gas deposit in eastern Ohio has opened an office in Canton and expects to create more than 70 jobs.

The (Canton) Repository reports today *Friday* that Chesapeake Energy will use the office as an interim operations base until it finds a permanent field office for drilling in the Utica shale formation. Last month Oklahoma City-based Chesapeake Energy said it believes the 1.25 million acres it has leased above the Utica Shale formation in eastern Ohio is worth 15 to 20 billion dollars.  

Business & Technology
4:15 pm
Wed August 17, 2011

Airport Body Scanners Allow More Modesty in Dayton

People flying out of some Ohio airports don't have worry anymore about security personnel seeing images of them without their clothes on.

The Transportation Security Administration has installed new technology in Dayton, Cleveland and Toledo that allows travelers to go through checkpoint security and have full-body scanners show a generic outline of the body instead of a naked image.

Business & Technology
7:32 am
Tue August 16, 2011

General Dynamics unit wins pair of tank contracts

STERLING HEIGHTS, Mich. (AP) - General Dynamics Corp.'s land systems unit has been awarded two contracts to provide tank work for Saudi Arabia with a combined value of $42.4 million.

The contracts were awarded by the U.S. Army on behalf of the Royal Saudi Land Forces. This work is part of a plan by Saudi Arabia to upgrade its fleet of 314 Abrams tanks.

The work will be performed at the Joint Systems Manufacturing Center in Lima, Ohio.

The contract continues work started in 2008.  General Dynamics' shares rose 67 cents to $61.85 in midday trading.