Now Playing
K99.1FM
On Air
No Program
Now Playing
K99.1FM

business

200 items
Results 31 - 40 of 200 < previous next >

Amazon baby registry emails baffle customers who aren't expecting

Many people online said they received notices Tuesday about gifts being purchased for their Amazon baby registry.

Problem is, in many cases the customers who received the notices said they don't have a registry – or a baby on the way.

“We are notifying affected customers," an Amazon spokeswoman said Tuesday evening. "A technical glitch caused us to inadvertently send a gift alert e-mail earlier today. We apologize for any confusion this may have caused.”

>> Read more trending news

“Hello Amazon Customer,” the screengrab of one of the messages read. “Someone great recently purchased a gift for your baby registry! You can visit your Thank You List to easily track all gifts purchased. PS: Remember some Gifters like when it’s still a surprise.”

There was a box where users could click through to a "Thank You List."

Many people who received the message tweeted about it with the hashtag #amazonbaby. Read some of the tweets below:

More than 440,000 Dodge Ram trucks recalled due to fire hazard

Fiat Chrysler Automobiles, the company that manufactures Dodge vehicles, is recalling an estimated 443,712 heavy-duty pick up trucks in the U.S. because of a potential fire hazard.

Tuesday news release from the company said FCA will inspect water pumps for the vehicles and replace them if necessary.

>> Read more trending news

“Affected are model-year 2013-17 Ram 2500 and 3500 pickups; and 3500, 4500 and 5500 chassis cabs,” the release said. The recall is limited to trucks with 6.7-liter engines. Some may also be recalled in Canada and other markets.

“Customer feedback prompted an FCA US investigation that discovered certain trucks are equipped with a water-pump bearing that, after exposure to certain conditions, may overheat and potentially cause an engine-compartment fire,” the company said.

“Affected customers will be advised when service becomes available,” the release said.

The water pump involved in the recall is no longer equipped on vehicles, according to the release.

According to the FCA, a warning light may be activated in the vehicle if the water pump function is compromised.

“(I)n accordance with (the) regulatory definition, which includes everything from a burning odor to open flame, we are aware of a small number of such incidents. Of these, a smaller number involved damage – none of which extended beyond the immediate area of the water pump,” a company spokesman told Detroit Free Press.

Those with questions can visit the FCA website or call the FCA US Recall Information Center at (800)-853-1403. 

Bob Evans Farms has been sold for $1.5B

Post Holdings, Inc. will acquire Bob Evans Farms, Inc. for $1.5 billion, the companies announced today.

Post Holdings and Bob Evans Farms have entered into a definitive agreement in which Post will acquire Bob Evans for $77.00 per share. The deal will “significantly strengthen Post’s portfolio of brands, expand choices for customers and increase Post’s presence in higher growth categories of the packaged food market,” the company said in a statement.

» Bob Evans CEO: Restaurants will remain open

Bob Evans, which was founded in 1948 in Ohio, produces and distributes refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans, Owens, Country Creek and Pineland Farms brands.

“We have enormous respect for Bob Evans’ success and are excited about the growth opportunities this combination will create,” said Rob Vitale, president and chief executive officer of Post Holdings. “Combining with Bob Evans expands our portfolio of top brands and gives Post a leading position in the perimeter of the store. We look forward to welcoming the talented Bob Evans team to Post and working to create a successful future together.”

» RELATED: 5 things to know about Bob Evans selling restaurants

After the acquisition, Post expects to combine its existing refrigerated retail egg, potato and cheese business with Bob Evans, establishing a refrigerated retail business within Post. That business will be led by Mike Townsley, Bob Evans’ current President and CEO. Jim Dwyer will continue in his current role as President and CEO of the Michael Foods Group, managing the commercial foodservice egg, potato and pasta businesses. That will include the Bob Evans foodservice business.

» RELATED: Bobs Evans restaurants officially sold

Bob Evans Farms Inc. has a major presence in Springfield, with a transportation center at AirparkOhio. The company opened its first distribution center at AirparkOhio in 2002, according to the park website.

» RELATED: Bob Evans sells Springfield plant

» RELATED: Bob Evans 100 adds jobs, truck center

The acquistion comes after Bob Evans Farms Inc. sold its Bob Evans Restaurants to Golden Gate Capital in May. Bob Evans sold its restaurant to the private equity firm for $565 million. Golden Gate Capital has bought the restaurant chain, and will retain the Bob Evans leadership team to guide the transition as it takes part of the company private, the company said. Net proceeds are expected to be between $475 million and $485 million, according to a company statement.

FIVE FAST BUSINESS READS

• Chicago in minutes? Columbus named as finalist for Hyperloop

• INSIDE LOOK: Check out this sneak peek of the HomeGoods spinoff store

• Chip and Joanna Gaines will open “little shops” at Target stores

• Store openings and closings: What’s going on in local retail?

• 5 new restaurants and retailers coming to The Greene

Toys 'R' Us and 10 other retailers that have filed for bankruptcy in 2017

Toys ‘R’ Us has filed for Chapter 11 bankruptcy protection, the company announced Monday, according to CNBC. 

>> Toys ‘R’ Us files for bankruptcy: 3 things to know

The iconic toy chain is just one of many businesses to suffer this year. Retailers have closed hundreds of stores, filed for bankruptcy protection and reorganized massive debt loads throughout 2017.

>> On DaytonDailyNews.com: Toys ‘R’ Us, as anticipated, files for Chapter 11 protection

Companies like The Limited and Gander Mountain announced this year that they would file bankruptcy — shuttering stores and laying off thousands of workers.

>> Read more trending news

Some of the companies to announce bankruptcies this year include the following:

1. The Limited

The women’s clothing store announced in early January that it would close all brick-and-mortar stores, and later its parent company filed for bankruptcy. The parent company of women’s clothing store The Limited filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Court, and the store website has been taken offline.

2. Gymboree

Children’s clothing retailer Gymboree Corp. filed for Chapter 11 bankruptcy protection in June, the latest sign of traditional retailers’ struggles as shoppers shun stores and buy online. The San Francisco-based company says it is seeking to reduce its debt by $900 million. It expects to operate its business and majority of its 1,300 stores during the restructuring.

3. BCBGMAXAZRIA

The company, which owns BCBGMAXAZRIA, said in March it filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company obtained a commitment of $45 million from loan lenders in new financing and filed its plan of reorganization.

4. Wet Seal

Teen clothing retailer Wet Seal abruptly closed all of its 148 brick-and-mortar stores in early 2017. According to a letter obtained by The Wall Street Journal, the retailer is permanently shutting down and will lay off all of its workers. The company is headquartered in California. In 2015, Wet Seal closed 338 of its 511 stores and filed for bankruptcy protection. Versa Capital then acquired the brand for $7.5 million in April 2015.

5. RadioShack

The chain retailer announced in March it was filing for bankruptcy and closing about 200 of its stores and evaluating what to do with the remaining 1,300. This isn’t the first time RadioShack has filed for bankruptcy. 

6. hhgregg

Appliance store hhgregg announced in March it was closing 88 stores and laying off 1,500 employees. A month later, the company received court approval to close its remaining stores and liquidate its assets.

7. Gander Mountain

Sporting goods retailer Gander Mountain Co. filed for bankruptcy in March. Gander Mountain and some of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code after the retailer “experienced traffic patterns and shifts in consumer demand resulting from increased direct-to-customer sales by key vendors and accelerated growth of e-commerce,” according to a company statement.

8. MC Sports

MC Sports, legally known as Michigan Sporting Goods Distributors, announced in February its plans to begin liquidation sales of all of its 68 stores. 

9. Aerosoles

AGI HoldCo Inc., which owns Aerosoles stores, has filed for bankruptcy and plans to keep just four stores open in New York and New Jersey. The stores sell women’s shoes. The company expects the restructuring process to be completed in approximately four months.

10. Payless

Kansas-based Payless ShoeSource announced in April that it would close nearly 400 underperforming locations in the U.S. Payless’ North American entities, and two of its Hong Kong-based entities, filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Eastern District of Missouri.

Report: Feds investigating top Equifax executives’ stock trading

The Department of Justice is investigating three top Equifax executives’ stock trades to see whether they violated insider trading laws, according to a media report Monday.

>> Read more trending news

Bloomberg reported that the federal agency probe is focused on Equifax’s chief financial officer and the presidents of two business units who sold a combined $1.8 million in stock in early August, days after the company learned of a massive security breach, but before it was made public.

A company representative said the executives “had no knowledge that an intrusion had occurred at the time.”

But company officials told investors that they had “promptly” informed their board of directors of the incident.

>> Related: Federal probe launched after Equifax data breach

Typically, top executives at public corporations use pre-programmed stock sales through a so-called 10b5-1 plan to avoid accusations of illegal insider trading. But the three executives’ stock sale disclosures filed with the U.S. Securities and Exchange Commission indicate that their stock sales were not pre-scheduled.

Earlier this month, Equifax, one of the nation’s three key credit-tracking bureaus, disclosed that hackers stole Social Security numbers and other sensitive information of 143 million people.

>> Related: Equifax, software maker blame each other for opening door to hackers

Equifax said the breach occurred from mid-May to late July, when it was discovered. The executives sold their stock a few days later, in early August.

The company has been swamped with consumers’ efforts to freeze their credit profiles in the wake of the data breach, according to consumer experts and people who have tried.

Friday, Equifax announced that two top executives were retiring, but none were among the three who disclosed large stock sales after the data breach.

Two store owners killed at same location 7 years apart

Bloody footprints that once marked where an Atlanta grocer was stabbed and killed in 2010 have long faded.

But bloodshed in the area is hardly a distant memory.

>> Read more trending news 

The owner of Southern Grocery was shot and killed Sunday, and the shooter is still on the run, Atlanta police said.

Seven years ago, the owner of a similarly named grocery store was stabbed repeatedly during an apparent robbery attempt.

That incident prompted city officials to add a security system in the area last year.

RELATED: Atlanta installs police camera near where storekeeper was slain

And years earlier, the store was so frequently a target for break-ins that the owner spent the night outside in his van to make sure no one broke in, another business owner said.

Now, community members have had enough.

Atlanta City Councilmember Cleta Winslow, whose district includes the store, told WSB-TV she would support a plan to close the business permanently.

RELATED: Man shot, killed shortly after closing Atlanta store

She spoke to reporters a few days after a shooter killed 36-year-old store owner Saiful Bhuyia of Dunwoody in his car and critically injured his passenger, Rizanul Islam.

“Our investigators are following all leads,” Officer Stephanie Brown said Thursday. 

So far, officers have learned that two men in another vehicle approached them, Brown said. One of the men shot into the victims’ car.

When officers arrived, they found Bhuyia dead in his seat and Islam in critical condition, Brown said.

On Thursday, police released a video of the incident, hoping someone will provide information that leads to an arrest.

In the video, a white vehicle approaches the victims’ car and two men jump out. It’s clear the victims tried to flee, but both were shot. Bhuyia died at the scene, police said, and Islam was taken to Grady Memorial Hospital. 

A community vigil for Bhuyia was held Wednesday night.

At the vigil, community members cited the nearby M. Agnes Jones Elementary School as a reason safety should be more of a priority in the area, which is minutes away from the university center in southwest Atlanta.

Shawn Walton, a resident in the community, told WSB-TV no one would have wished death on Bhuyia and his family.

“They were standup people,” Walton said. “And they took a risk to be here, and we’re grateful for that risk they took.”

It’s a familiar refrain from community members. Many of them also described the previous store owner, Baik Sung, as a good person.

Margaret Doubt, a 40-year-old single mother of five who lived near the store seven years ago, said she couldn’t understand why anyone would want to kill the man affectionately known as “Paw Paw.” 

Doubt said the man gave her credit one time when she was waiting for her paycheck. 

“He always let me do it,” she said. “I always paid him back.

“He was such a good man.”

A native of South Korea, Sung had owned Southern Supermarket for more than 30 years when he was stabbed to death. 

Officers responding to that incident found him lying just inside the door of the store and a cash register taken.

In June 2012, Oderrick Boone, 28, was sentenced to life plus 15 years for Sung’s murder. He had been caught on a surveillance camera.

Jon Park, secretary of the Georgia Korean Grocers Association, knew Sung.

“He worked hard, from sunrise to sunset,” he said. “He worked more than 12 hours a day. The only thing he knew was to work, work.”

Ellen Eldridge and John Spink contributed to this article.

Equifax, software maker blame each other for opening door to hackers

Equifax and a software company are blaming each other for a glitch that allowed hackers to obtain Social Security numbers and other sensitive information for 143 million people.

>> Read more trending news

The Atlanta-based company, one of the nation’s three key credit bureaus that track individuals’ credit histories, said late Wednesday that hackers breached a vulnerable spot in a U.S. website application called Apache Struts CVE-2017-5638. Equifax disclosed last week that it discovered in July that hackers had tapped a large trove of personal data on most adults in America.

>> Related: Federal probe launched after Equifax data breach

But in a statement Thursday, Apache Software Foundation, which provides the application, said it provided and announced a patch for the software fault on March 7, well before Equifax said the security breach began in mid-May.

“In conclusion, the Equifax data compromise was due to their failure to install the security updates provided in a timely manner,” the foundation said.

>> Related: Equifax cyberattack: What to know

The 18-year-old foundation said it is an all-volunteer organization that produced open-source Java applications for government and business users, including Fortune 100 companies.

Equifax couldn’t be reached immediately for a response to Apache Software Foundation’s statement.

Looking for a job? Here are the top 25 US cities to get hired

A new survey by job site Glassdoor named the country’s top 25 cities to find a job.

>> Read more trending news 

Glassdoor.com, a job site that analyzes data on job openings, quality of life and home values, rated Pittsburgh the No. 1 city for jobs in 2017.

Each city was ranked based on three factors: cost of living, job satisfaction and hiring opportunity. 

According to the report, Pittsburgh has more than 95,000 job openings, with civil engineer, registered nurse and project manager listed as “hot jobs.” The city has a $44,000 median base salary, and the median home value is $137,400.

The report, based on a comparison of the 50 most populated U.S. metropolitan cities, rated cities on a five-point scale to earn a “city score.” Pittsburgh earned 4.4 points, as did Indianapolis, Indiana; Kansas City, Missouri; Raleigh-Durham, North Carolina; St. Louis, Missouri; and Memphis, Tennessee.

Surprisingly, or maybe not so surprisingly, New York City, San Francisco and Los Angeles did not make the list.

Here is the full list of the best US cities to get a job, according to Glassdoor:

1. Pittsburgh, Pennsylvania2. Indianapolis, Indiana3. Kansas City, Missouri4. Raleigh-Durham, North Carolina5. St. Louis, Missouri6. Memphis, Tennessee7. Columbus, Ohio8. Cincinnati, Ohio9. Cleveland, Ohio10. Louisville, Kentucky11. Birmingham, Alabama12. Detroit, Michigan13. Minneapolis-St. Paul, Minnesota14. Hartford, Connecticut15. Oklahoma City, Oklahoma16. Washington D.C.

17. Seattle, Washington

18. Atlanta, Georgia19. Baltimore, Maryland20. Nashville, Tennessee21. Milwaukee, Wisconsin22. San Jose, California23. Chicago, Ilinois24. Charlotte, North Carolina25. Dallas-Fort Worth, Texas

Amelia Finefrock contributed to this report.

Federal probe launched after Equifax data breach

The Federal Trade Commission on Thursday confirmed that it is investigating a massive data breach at credit reporting giant Equifax that exposed the sensitive information of millions of Americans.

>> Read more trending news

Peter Kaplan, FTC’s acting director of public affairs, said that the agency typically does not comment on ongoing investigations in a statement obtained by Politico.

“However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach,” Kaplan said.

Equifax, one of America’s three major credit bureaus, said last week that a “cyber security incident” might have exposed the names, Social Security numbers, birth dates and addresses of 143 million Americans. Driver’s license numbers might have also been accessed, the company said.

The breach took place from mid-May through July 2017, according to Equifax.

>> Related: Equifax reports massive data breach that could affect 143 million in U.S. 

Equifax set up a website to help affected consumers and keep them abreast of updates in the company’s investigation. On a frequently asked questions section of the site, Equifax officials identified the flaw that allowed hackers to access sensitive information as one flagged publicly last year.

A patch for the vulnerability, Apache Struts CVE-2017-5638, was released by The Apache Software Foundation in March, Bloomberg reported.

>> Related: Equifax cyberattack: What to know

Sen. Mark Warner, D-Virginia, a member of the Banking, Budget and Finance committees and cofounder of the Senate Cybersecurity Caucus, on Wednesday called for an investigation into the data breach. 

“The volume and sensitivity of the data potentially involved in this breach raises serious questions about whether firms like Equifax adequately protect the enormous amounts of sensitive data they gather and commercialize,” Warner wrote in a letter addressed to FTC Acting Chairwoman Maureen Ohlhausen.

>> Related: Equifax cyberattack: How to get a free credit report, protect your identity

He called the incident “one of the largest, and potentially most impactful, breaches in recent history.”

BRUNCH BILL: Backers of earlier Sunday alcohol sales launch campaign

A coalition of downtown Dayton businesses and the Dayton Area Chamber of Commerce are putting together a campaign to urge voters in one downtown precinct to allow bars and restaurants in that precinct to start serving alcohol at 10 a.m. instead of 11 a.m. on Sundays.

9 of the best brunch spots in Dayton

The issue — which supporters have dubbed the “brunch bill,” and which will appear as Local Issue 11 on the ballot — will be decided by voters in Precinct 1-B in downtown Dayton. There are about 1,100 registered voters in precinct 1-B, which includes the business strip of the Oregon District on East Fifth Street as well as the area around the Cannery and part of the Water Street development. It does not include the residential neighborhood just south of the Oregon District strip on East Fifth Street, which is part of another precinct.

“The pendulum for downtown Dayton is on the upswing right now, and we want to keep that momentum going,” said Chris Kershner, vice president of public policy and economic development for the Dayton chamber.

9 more Dayton-area brunch spots for your next weekend out

Kershner said several downtown Dayton restaurants approached chamber officials about seeking the change, and the chamber spearheaded the petition drive to place the issue on the fall ballot. A “yes” vote will allow the one-hour-earlier start time only at those alcohol-permit holders in precinct 1-B, and would have no impact on other restaurants and bars outside of the precinct.

PREVIOUS COVERAGE: Dayton restaurants seek change in Sunday alcohol start time

Kershner said supporters are concerned about the ballot language as written by the Ohio Secretary of State’s office, because it doesn’t make clear that a “yes” vote would simply move the start time for Sunday alcohol sales from the current 11 a.m. state-mandated start time to 10 a.m. Some voters may read the language and think the measure would allow Sunday alcohol sales for the first time, Kershner said.

The best Bloody Marys in Dayton

Here’s how Issue 11 will appear on the ballot of voters in precinct 1-B:

“Shall the sale of intoxicating liquor, of the same type as may be legally sold in this precinct on other days of the week, be permitted in this Dayton 1-B Precinct for consumption on premises where sold between the hours of 10 a.m. and midnight on Sunday?”

The “vote yes” campaign will focus on education rather than advocacy, Kershner said, to make sure voters know a “yes” vote simply allows for the one-hour-earlier start time on Sundays.

Steve Tieber, owner of the Dublin Pub at East Fifth Street and Wayne Avenue, said Sunday sales are important to his restaurant and to many other alcohol-permit holders in downtown Dayton.

“Sunday is our third-busiest day,” behind only Friday and Saturday, Tieber said of the Dublin Pub. And most of the pub’s Sunday sales are related to its brunch service.

The 12 best restaurants in Dayton

Restaurant owners told chamber officials it is frustrating to be forced to refuse customer orders of brunch cocktails such as Bloody Marys and mimosas during what for some is the first hour of their brunch service. The change will give restaurants more flexibility, boost sales and ultimately create and preserve jobs, Tieber said.

The precinct has about 1,100 voters. Kershner and Tieber are helping to put together a grass-roots campaign led by retailers and other “brunch bill” coalition members, which number about 20 and include the Downtown Dayton Partnership and the chamber.

“We’ll do mailings, yard signs, banners — anything to get the word out,” Kershner said.

200 items
Results 31 - 40 of 200 < previous next >