Tuesday, May 23, 2000
Tristate Business Summary
Local employment up from year ago
Employment in Greater Cincinnati rose by 20,200 in April from a year earlier, the Ohio Bureau of Employment Services reported.
Total nonagricultural wage and salary employment stood at 891,600 in April. The biggest gains came in retail trade, wholesale trade, local government, business services and transportation. Manufacturing and construction also posted gains.
The 2.3 percent gain in April was the fourth consecutive month of growth above 2 percent. That represents an acceleration in job growth locally, the fastest growth since mid-1998.
Michael to head Clear team
Randy Michaels, ex-president of Clear Channel Radio, will head a new management team as chairman and chief executive of Clear Channel Radio, a division of Clear Channel Communications Inc.
The San Antonio-based media company also named Kenneth J. O'Keefe, currently chairman and CEO of AMFM Radio, to be president and chief operating officer of Clear Channel Radio when the merger between Clear Channel Communications, Inc. and AMFM is done.
New Lexmark printers out
Lexmark International Group Inc. of Lexington, Ky., the second biggest ink-jet and laser printer maker, introduced five new laser printers to compete against larger rival Hewlett-Packard Co.
One of the new monochrome laser printers, the Optra M412, is comparable to Hewlett-Packard's LaserJet 4050, the company said. The Lexmark printer will cost $799, or about $300 less. Both print 17 pages a minute.
— From staff and wire reports
Other cities fight similar retail battles
Brake plant might expand
Cincy Bell names new president
Taft: Ohio to try to boost e-commerce
Toyota looks back, ahead
Cho returns to Georgetown plant
2 casinos 'win' $42M in April
SDRC names Wienkoop COO
Tristate Business Summary
What's the Buzz?
Industry notes: Banking
Toy e-tailer calls it quits
