Thursday, July 29, 2004

Tristate business summary

Fusion Cafe joins Cincinnati Mills

Cincinnati Mills, the 1.5 million-square-foot retail, dining and entertainment center formerly known as Forest Fair Mall, is to open Aug. 19 with a restaurant lineup that includes the new-to-the-market Fusion Cafe, which combines hibachi grills and a sushi bar. Fusion will join restaurants Johnny Rockets, Margarita's, Cornerstone Cafe and Bakehouse.

Macy's wins $11M ruling in Calif.

Federated Department Stores Inc.'s Macy's, which sued San Francisco over its business tax structure, was awarded $11 million under a tentative court ruling that found the city violated state and federal constitutions, the San Francisco Chronicle reported Wednesday. Macy's claimed the tax system, which required businesses to pay the higher of either a gross receipts tax or a payroll tax, was unfair because it led to companies being treated unequally. San Francisco Superior Court Judge Richard Kramer agreed and ordered the city to refund taxes the company paid between 1995 and 2000.

Cincinnati Bell's earnings for second quarter plummet
Deerfield enters new shopping era
Delta sets stage for healing cuts
Lightborne puts city on video-design map
Crude-oil prices hit record high
Tristate business summary
Wella, parent P&G cutting 1,500 jobs
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