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Business & Economy

President Trump stepped up his attacks on General Motors today and called on the company to move jobs back to the United States from overseas.

Trump said in a tweet that the automaker's U.S. workforce was now the smallest in Detroit, noting that the company has shed jobs, "despite the saving help given them by the USA."

U.S. Senator Sherrod Brown (D-Ohio) is touring the state pushing for a way to soften the blow for workers who lose their job to automation by adding requirements for companies. 

When the White House decided to levy tariffs on goods from China, U.S. leaders were divided on whether a prolonged trade dispute was a wise course of action.

Now, so is Beijing.

Sandusky Boomerangs Back, And Business Is Booming

Aug 23, 2019

Long before he ran the public schools in Toledo and Cleveland, Eugene Sanders was a proud Blue Streak, a newly graduated from Sandusky High School and a freshman at Bowling Green State University.

He vividly recalls telling his new classmates where he was from — only to be greeted by blank stares, even from other Ohioans who had grown up nearby. And that’s when Sanders, now back home as CEO of the school system he attended as a child, would play his trump card:

Ever been to Cedar Point?

“Oh yeah,” they’d almost always say. “I’ve been there.”

Future Of Retail

Aug 23, 2019
Nicholas Eckhart / Flick Creative Commons

Big department stores such as Macy's and Sears were once retail empires. 

Now mass closures and layoffs have some business analysts predicting the end of physical retail stores. Other experts disagree, saying that those in retail can stay viable by shedding the dead weight of low-profit stores and focusing on innovation. 

Today on All Sides, the future of retail and where Columbus stands. 

Guests: 

Lee Peterson, Executive Vice President of Creative Services, WD partners

Ohio Supreme Court chambers.
Dan Konik / Ohio Public Radio

The Ohio Supreme Court has ruled unanimously that state employees can be fired while they’re still in probationary periods. The ruling comes in a case that was laced with presidential politics.

The lunch rush is over at a popular, cozy restaurant in a city somewhere in Missouri. The owner, Lynn, is sipping a glass of pinot grigio as her cooking crew cleans up.

Like thousands of other restaurants across America, Lynn's kitchen is staffed mainly with unauthorized Latino workers. She agreed to openly discuss this employment conundrum if NPR agreed not to give her last name, identify her restaurant, name the city, or even specify the type of cuisine. Like a lot of employers these days, she doesn't want to attract the attention of federal immigration agents.

school supplies
Flickr Creative Commons

Some children are going back to school this week in Ohio along with items bought during the state’s annual sales tax holiday two weekends ago.

Ohio is one of 16 states offering sales tax free weekends for back to school shopping. A state lawmaker is proposing a bill to make even more items tax free during that weekend next year.

Updated at 4:26 p.m. ET

The Trump administration is acting as a cheering section for the U.S. economy. And at least on Monday, investors were cheering along. The Dow Jones Industrial Average rose nearly 250 points or 1%. The S&P 500 jumped 1.2% and the Nasdaq was up 1.35%.

President Trump and his team are downplaying warnings of slower economic growth, despite signals from the bond market that a recession could be looming. At the same time, the president is also calling on the Federal Reserve to cut interest rates again to help boost growth.

Property Overtaxed: Commercial Sales Loophole Costs Small Business Owners

Aug 19, 2019
Loder's Shake Shoppe has belonged to Linda Watkins's family since 1952, but it's hard for her to keep up with the expenses of maintaining the property.
Samantha Raudins / Ohio Center For Investigative Juornalism

When Palmer Square, LLC recently wanted to sell their apartment building at 4121 Palmer Park Circle East in Columbus, they went through all the usual hoops that most homeowners are familiar with: They executed a purchase contract with the buyer, Manhattan Real Estate Partners, LLC, they ordered an inspection, and they obtained title insurance. 

Wikipedia

While farm bankruptcies around the country are rising, Ohio’s rate is still the lowest in the Midwest. 

Gov. Mike DeWine talks to farmer Kris Swartz in Perrysburg on June 19, 2019.
Nick Evans / WOSU

Across the nation, farmers were kept from planting almost 10 times as many acres this year as they were in 2018. 

Empty Bin Zero Waste

Ohio’s first zero-waste store is now open for business. The Canton store sells reusable items to replace single-use disposables like straws, facial wipes and sandwich bags.

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