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Sunday, October 3, 2004

Queen City Rewind


The week in business news in Greater Cincinnati and Northern Kentucky

HEADLINERS

Television and radio stations will be the beneficiaries this month when money starts pouring in to pay for political advertisements of the season. The presidential race will provide the big bucks, but the proposed repeal of Cincinnati's Article XII is also attracting plenty of money. So far, the anti-repeal forces have the lead in media buys.

Many workers at Delta Air Lines are going to get a 10 percent pay cut, less vacation and higher health-care premiums. Company executives took a hit too, with CEO Gerald Grinstein sacrificing his entire salary for the rest of 2004. Will it save Delta from bankruptcy? Watch Delta's pilots in coming weeks for the answer.

Heating bills will rise up to 15 percent this winter. If you've paid any attention to energy costs in the past year, you probably won't be surprised. Here's hoping for a warm winter.

RESTAURANT WOES

Investors are trying to re-open Mullane's downtown after the popular eatery closed last week. Owner Audrey Cobb says she hopes to have the Race Street restaurant back in business in a couple of weeks.

Meanwhile, the closing of J's Fresh Seafood in Hyde Park left about $60,000 in back rent and nearly $1 million in obligations to lender, suppliers and tax collectors. Owner Jimmy Gherardi is trying again with a new restaurant in Symmes Township.

KENTUCKY CONNECTIONS

A Rabbit Hash company, Intelligent Products Inc., has gone to court against a rival firm it says counterfeited its Mutt Mitt pooper-scooper. Mutt Mitts are dispensed from sidewalk pole boxes and in parks to help pet owners clean up, well, you know.

QUOTE OF THE WEEK

"I'm afraid Kentucky is going to send its teachers fleeing to other states." This from Kenton County schoolteacher Angela Brehm during a rally last week protesting health-care premium increases for public school teachers. Business leaders fear that if teachers leave and schools suffer, so will the business climate.




BUSINESS HEADLINES
Queen City Rewind
Look Who's Talking: Brian McHale
Presidential Polistocks
Local firms won big, lost big
Small businesses, plan now
Eckberg: Advisory boards can help, really
Music sales appear to be bouncing back
Business agenda
Business notes



 

Latest Headline News
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BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


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