Sunday, February 15, 2004

Queen City Rewind


The week in business news in Greater Cincinnati and Northern Kentucky

HEADLINES AND HEADLINERS

"Process re-engineering." At Ohio Casualty Corp. in Fairfield, this phrase means 260 people, or 10 percent of the payroll, will be laid off companywide. Up to 250 more will be idled in the second quarter.

The Tony and Bill Erpenbeck saga continues. The father and son remain in the Hamilton County Justice Center on witness intimidation charges. Creditors are after Tony Erpenbeck. And Bill even lost his preferred judge on the case, Susan Dlott, with an ailing back.

Valentine's Day was yesterday. If you forgot to shop, we can't help you. But for those of you that didn't, the National Retail Federation says the average consumer spent $99.24 on gifts this year. And this in a bad economy?

Mickey Mouse for sale? Cable giant Comcast Corp. bids $66 billion for Walt Disney Co. If you think the Mick is all over the TV now, just wait.

HAVE YOU SEEN THESE PENS?

Provident Bank unveiled its new brand image campaign last week with a new logo and a new "customer-centric culture." One part of that is expanded branch hours. Another is pens in the bank's branches that aren't chained to the desk. Either you'll soon be seeing those Provident pens all over town, or the bank has really trustworthy customers.

QUOTE OF THE WEEK

"He is so anti-consumer that we believe it would be harmful to ratepayers for him to be there another five years." David Hughes, executive director of Pittsburgh-based Citizen Power, is one of several consumer advocates urging Ohio Gov. Bob Taft not to reappoint Alan Schriber as chairman of the Ohio Public Utilities Comission. Schriber, a Wyoming resident and former Miami University economist, says he's balancing consumer and utility needs.

APPLAUSE, APPLAUSE

The Cincinnati Reds reversed course and said the club will come up with $10 million to open its Hall of Fame by September. The club appears to be listening to its fans. Now, about that starting pitching ...




BUSINESS HEADLINES
Building outpaces regional job growth
House Doctors fit the need
Handyman Connection also thriving nationally
Changes delaying IRS forms for many
Queen City Rewind
Look Who's Talking: Gary Heiman
Toy makers to take aim at Wal-Mart over prices
Tristate business notes
Make plan to help yourself
School on pay phones thrives
Converting jets could bring Boeing billions
Japan buying dollars at record pace to damp yen
It's whistleblower vs. the Bank of Floyd