Today’s News
Bill designed to help public-owned airports discard abandoned planes
Senate committee members at the Ohio Statehouse recently heard from backers of a bill that addresses what aviation industry officials say is the nuisance of derelict and abandoned aircraft littering the state’s public-owned airports. According to Tony Fiore, executive director of the Ohio Aviation Association, the issue is not a new development, as some airports have been dealing with such aircraft for a decade or longer. “Some of these aircraft have become hazards on our [...]
Despite industry leaders saying it’s the future, internet casino gambling growth is stagnant
SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos. Speaking last week at the SBC Summit North America, a gambling industry conference, industry executives acknowledged the difficulty they've had in expanding the legalization of online casino games. They remain, however, certain that, similar to many other industries, the future of [...]
Stolen firearms significant source of guns used in criminal activity
WASHINGTON (AP) — The rate of guns stolen from cars has tripled during the last decade, making cars the largest source of stolen guns in the country, an analysis of FBI data by the gun safety group Everytown found. The Bureau of Alcohol, Tobacco, Firearms and Explosives separately has said that theft is a significant source of guns that end up in the hands of criminals. The rate of stolen guns from cars climbed nearly [...]
In the NIL landscape, universities hire companies to train general managers
ANN ARBOR, Mich. (AP) — Riley Ammenhauser has become a record-breaking triple-jumper on the University of Michigan track team and something of an entrepreneur. Leveraging her value with about 250,000 followers on social media, she has landed endorsement deals with Peloton, Gatorade and Lululemon while potentially setting herself up with a career as an influencer after hanging up her spikes. "Coming into college, I just really didn't know anything about NIL," said Ammenhauser, a junior [...]
Ohio AG warns student protesters in masks could face felony charges
COLUMBUS (AP) — Ohio’s top lawyer has advised the state’s public universities that a law written to deter Ku Klux Klan demonstrations could be used to impose felony charges on students who wear face coverings while protesting the war in Gaza. In a letter sent last week, after weeks of pro-Palestinian campus protests around the country, Republican Attorney General Dave Yost advised the presidents of Ohio’s 34 public, four-year universities — which his office represents [...]
Lower-income consumers’ spending slowed by elevated inflation, rates
NEW YORK — Cracks are showing in one of the main pillars keeping the economy out of a recession: spending by households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their lower-income customers. It’s the culmination of everything getting more expensive amid high inflation, even if it’s not as bad as before, and the drag of higher interest rates because [...]
Redfin agrees to pay $9.25Mto settle real estate commission lawsuits
Redfin has agreed to pay $9.25 million to settle federal lawsuits that claim U.S. homeowners were saddled with artificially inflated broker commissions when they sold their home as a result of longstanding real estate industry practices. The online brokerage and real estate services company disclosed the proposed settlement in a regulatory filing with the Securities and Exchange Commission. The settlement, which Redfin agreed on May 3, would resolve pending class action lawsuits filed in federal [...]
Attention increases on goaltender interference
Minutes after his team was knocked out of the NHL playoffs in a game that included two disallowed goals because of goaltender interference, Jon Cooper was careful to say those calls weren't the reason the Tampa Bay Lightning lost the series. He still had a problem with them. Cooper, a two-time Stanley Cup-winning coach, pointed out the league has made one rule change after another to encourage offense. When Tampa Bay scored its first goal, [...]
Supreme Court to hear mortgage release case
Attorneys for Detroit-based Rocket Mortgage LLC have persuaded the Supreme Court of Ohio to take up the mortgage lender’s appeal of a ruling that certified a class of plaintiffs in an action seeking damages for delayed mortgage release fees. A majority of justices accepted the arguments of the company, which was operating under its previous name Quicken Loans at the time Cincinnati property buyer Samuel Voss filed a complaint in Hamilton County Common Pleas Court. [...]
Democratic Party is preparing for protests at its convention this summer in Chicago
WASHINGTON (AP) — As pro-Palestinian demonstrations escalate on college campuses around the country, critics of President Joe Biden’s handling of the Israel-Hamas war suggest this summer's Democratic National Convention could be hit by protests and scenes of chaos. Already, 65-plus organizations in Chicago and elsewhere have formed a coalition to "March on the DNC" when it opens there on Aug. 19. Activists have sued in federal court, alleging First Amendment violations because the city has [...]
Legal News
Appellate panel upholds lower court’s ruling on disputed arbitration
A Franklin County appellate panel this week upheld the trial court finding that a solar-panel installation firm waived its right to arbitrate the damage claim [...]
Antitrust lawsuit settlement could cost the NCAA nearly $3 billion in damages
SCOTTSDALE, Ariz. (AP) — The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in [...]
Three groups are suing New Jersey to block an offshore wind farm
LONG BEACH TOWNSHIP, N.J. — Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned [...]
Business News
Disney’s streaming business turns a profit for first time
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and [...]
FAA opens investigation after Boeing says workers falsified inspection records
SEATTLE — The Federal Aviation Administration said it has opened an investigation into Boeing after the beleaguered company reported that workers at a South Carolina [...]
Airbus not expected to extend its sales lead over Boeing
FRANKFURT, Germany — In the latest round of their decades-long battle for dominance in commercial aircraft, Europe's Airbus established a clear sales lead over Boeing [...]
Real Estate
Rise in all-cash buys helping drive up prices for most expensive homes
LOS ANGELES — Well-heeled home shoppers are increasingly paying cash, helping turbo-charge price gains for the most expensive U.S. homes. The median sale price of [...]
Central Ohio home sales fall 3.7 percent in March
Home sales in central Ohio last month were down 3.7 percent compared to March 2023, according to new figures from Columbus Realtors. Sales through the [...]
Kate Ashford: Selling your home could boost your nest egg – but is it worth it?
A 2023 report from investment firm Vanguard estimates that about a quarter of Americans age 60 and over could move to a cheaper housing market [...]
Politics
New sanctions target Russian weapons development, ban uranium imports
WASHINGTON (AP) — The United States last week imposed new sanctions on hundreds of companies and people tied to Russia's weapons development program, more than [...]
Temporary farmworkers to have more protections under new Labor rule
SANTA ROSA, Calif. (AP) — Temporary farmworkers will have more legal protections against employer retaliation, unsafe working conditions, illegal recruitment practices and other abuses under [...]
EPA designates 2 chemicals as hazardous substances, eligible for Superfund cleanup
WASHINGTON (AP) — The Environmental Protection Agency last week designated two forever chemicals that have been used in cookware, carpets and firefighting foams as hazardous [...]