WASHINGTON (AP) — The Labor Department last week reported that its producer price index — which measures inflation before it hits consumers— rose 0.9 percent last month from June, the biggest jump in more than three years. Compared with a year earlier, wholesale prices were 3.3 percent higher. The numbers were higher than economists had [...]
The Ohio Supreme Court was not convinced a 32-year-old Dayton man was unaware his actions — showing up on the doorstep of a woman he only knew as a grade-school classmate after noticing and commenting on an Instagram post — would cause her mental distress. The state high court determined had Dorian Crawl not intended [...]
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter, according to data from home loan data tracker ICE Mortgage Technology. In a cash-out refinance, a homeowner takes out a loan for more [...]
WASHINGTON (AP) — Fewer Americans are reporting that they drink alcohol amid a growing belief that even moderate alcohol consumption is a health risk, according to a new Gallup poll. A record high percentage of American adults, 53 percent, now say moderate drinking is bad for their health, up from 28 percent in 2015. The [...]
LOUISVILLE, Ky. (AP) — GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its United States operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina. The investment, the second-largest in the Louisville-based company’s history, is [...]
Three major airlines have added 11 round-trip flights from Texas to Columbus for the weekend of the Texas-Ohio State football game, which is scheduled for Aug. 30. American Airlines has added three flights from Austin and Dallas, Delta Air Lines has added flights from Austin and San Antonio, and Southwest Airlines has added six flights [...]
Gildan Activewear is buying HanesBrands for $2.2 billion in a deal that gives the basic apparel maker access to household name brands such as Hanes and Maidenform. The companies put the transaction’s value at about $4.4 billion when HanesBrands’ debt is included. Gildan, in addition to its namesake brand, also makes American Apparel and Peds. [...]
The more than 130-year-old Eastman Kodak Co. is cautioning that there’s “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations. “Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt obligations if they were to [...]
WASHINGTON (AP) — Mexico sent 26 high-ranking cartel figures to the United States this week in the latest major deal with the Trump administration as American authorities ratchet up pressure on criminal networks smuggling drugs across the border. Those handed over to U.S. custody include Abigael González Valencia, a leader of “Los Cuinis,” a group [...]