Local stocks slammed as markets tank 5 percent again
Greater Cincinnati stocks got slammed for the second day in a row Thursday as investors pummeled the market to its second straight day of 5-plus percent losses. (PG) (ASH) (AKS) (BGC) (OCR) (AFG) (CBB) (CVG) (KR) (M)
Steve & Barry?s to liquidate
Steve & Barry’s stores will liquidate by early 2009 after its new owners said they would not be able to find financing, Reuters is reporting.
Honda cutting back production
Honda Motor Co. is reducing North American vehicle production by another 18,000 units in response to dwindling sales.
P&G continues to shrink energy footprint
Procter & Gamble Co. reduced its water and energy consumption by 6 percent to 8 percent in its last fiscal year, increasing its reductions since 2002 to roughly 50 percent.
Nordstrom sets opening date in Cincinnati
Nordstrom Inc. has marked Sept. 25, 2009, as the opening date for its long-awaited store at Kenwood Towne Centre, the chain’s first location in Greater Cincinnati. (JWN)
Ohio wins federal grant for Wilmington layoff aid
The Ohio Department of Job and Family Services will administer a $3.9 million National Emergency Grant targeted at workers being laid off due to DHL Express’ pull-out from Wilmington.
Warye named Safeco/Ohio Casualty regional manager
Liberty Mutual Group’s Safeco and Ohio Casualty units have named Matt Warye vice president, Safeco Insurance and Mid-Atlantic regional general manager.


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