Ohio casino revenue numbers are out for the month of May, and month-to-month revenues are up for the state’s four casinos. But with a new racino on the way, there’s growing competition for those gambling dollars in southwest Ohio.
Clark County based Speedway has reached an agreement to purchase Hess Retail Holdings for $2.8 billion dollars. The deal makes Speedway one of the largest convenience store chains in the country.
Hess operates out of New York City and is the largest operator of convenience stores along the East Coast. Speedway's corporate headquarters are in Enon, and the company is a subsidiary of the Marathon Petroleum Company.
Angelia Graves, director of public and state government affairs for Marathon, says the deal is a win-win for both companies.
Children’s Services workers at Montgomery County could go on strike soon after contract negotiations with the county broke down early this week. Children’s Services facilitates foster care and adoption and works with abused and neglected kids and their families. About 230 county workers with the Professional Guild of Ohio (PGO) Council 12 are asking for higher pay increases than the county is willing to offer, and more than 100 protested at a county commission meeting Tuesday.
Shale drilling across much of the United States has increased demand for steel pipe, which has benefited U.S. steel producers, but that picture is starting to change as foreign steel makers increasingly enjoy the payoff.
An analysis by the Economic Policy Institute shows U.S. steel imports spiked 26 percent in the first three months of 2014. South Korea, China and India are flooding the U.S. market with steel tubes used in oil and gas production and selling them at below-market rates, a practice called “dumping.”