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BUSINESS NEWS FOR THURSDAY, APRIL 15, 2004
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Some tax incentives fall short
Hamilton County and Cincinnati agencies reported a large increase in the number of companies failing to meet job creation and investment goals that were outlined in enterprise zone tax break contracts intended to attract new jobs to the region's core.
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Retailers cashing in on taxpayers' refunds
Tax time has become a major sales event for some Greater Cincinnati retailers, who launch a variety of promotions each year to snare a share of the hundreds of billions of dollars in tax refunds collected by consumers.
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Delta reports $383M in losses
Delta Air Lines Wednesday reported a first-quarter loss of $383 million, burning through about $500 million of its cash reserves, with company officials using the poor performance as another chance to push for pilot pay cuts.
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Inflation threatens as economy improves
WASHINGTON - Rising prices for gasoline, air travel and clothing propelled consumer costs 0.5 percent higher in March, raising the possibility that the Federal Reserve may raise interest rates this summer.
IGA on Colerain closing as customer base shrinks
The IGA supermarket in Green Township has succumbed to cutthroat competition in one of the most competitive grocery markets in the Midwest.
Kroger has pact for Ind. stores
INDIANAPOLIS - Kroger Co. said Wednesday it has reached a tentative contract agreement with the union representing more than 4,000 workers at 58 central Indiana stores, averting a potential strike.
Georgetown plant urged to join union
GEORGETOWN, Ky. - Union organizers Wednesday encouraged workers at the Toyota plant here to sign cards authorizing a vote to unionize - the latest push in a drive that started last fall.
Scripps earnings up 34%
Boosted by a 50 percent profit gain by its cable TV segment and $9.5 million from the sale of investments, E.W. Scripps Co. reported a 34 percent increase in first-quarter net earnings Wednesday.
Business digest
Tristate business summary
Erpenbeck archive
William Erpenbeck Jr. spent a decade building a company that crumbled in months. Once one of the Tristate's biggest home builders, the Erpenbeck Co. succumbed to a bank fraud that affected lenders, subcontractors and home owners. Click here for links to all Enquirer reports.
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