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Cincinnati Business Courier
Developer debuts renovated apartments in urban core: PHOTOS
A Cincinnati developer has opened its latest residential project in Covington.<\p> Residents began moving into the 29-unit Woodford at Roebling Point at 303 Greenup St. July 1. Urban Sites redeveloped the building at a cost of $6.5 million.<\p>
Three local breweries among top 10 in U.S. Open Beer Championships
Three Tri-State breweries ranked among the U.S. Open Beer Championship's Top 10 Breweries in 2024.<\p> Third Eye Brewing was awarded the 2024 Grand National Championship with four gold medals, two silver medals and two bronze medals. More than 9,000 beers representing more than 170 different styles were judged in this year’s competition, held earlier this month in Oxford. The U.S. Open judges more beer styles than any other competition on Earth, according to its website.<\p>
Five things you need to know today, and I've got a problem
Happy Monday, Cincinnati. Summer is in full swing. You know what can help beat the heat? Probably not the news, but let's try anyway.<\p> One of the two brothers who own Check 'n Go is suing his sibling over $815,000 he withdrew from another business owned by the duo, claiming it amounts to embezzlement.<\p>
Downtown library reopens after $43M renovation: PHOTOS
The Cincinnati & Hamilton County Public Library system’s largest location is back open after a more than $40 million renovation project.<\p> The Downtown Main Library campus, located at 800 Vine St., closed a 380,000-square-foot portion of the multiacre facility in 2021. Around 160,000-square-feet remained open throughout the project.<\p>
Mayor Pureval weighs in on whether Biden should continue to run
Mayor Aftab Pureval said he believes President Joe Biden should continue to be the Democratic nominee for president, days after Pureval was one of the Democratic mayors who met with Biden on a virtual call and hours after the president’s first news conference in months.<\p> Asked whether Biden should continue to be the nominee, Pureval answered with one word.<\p>
Altafiber wraps solar installation in Butler County
Cincinnati-headquartered technology company Altafiber is continuing its fiber optics expansion in Southwest Ohio while pursuing a long-term carbon emission reduction goal.<\p> Altafiber recently completed a ground-mounted solar photovoltaic, or PV, array at its Middletown location. The solar array is projected to deliver net-zero carbon emissions after a year of operation.<\p>
NKY group launches new initiative to honor women entrepreneurs
A Greater Cincinnati entrepreneurship group is launching a new program to honor outstanding women business owners in the community.<\p> Aviatra Accelerators, a Northern Kentucky-based nonprofit, is introducing its Woman Entrepreneur of the Year awards. <\p>
One Check ’n Go co-founding brother sues the other for embezzlement
One of the Davis brothers who co-founded payday lender Check ’n Go is suing his brother, also a company founder, seeking the return of more than $800,000 he said was embezzled. <\p> David Davis, who previously was CEO of Kenwood-based Check ’n Go parent CNG Holdings, filed the lawsuit June 25 in Hamilton County Common Pleas Court against Jared Davis. Both Davises continue to serve on the CNG board of directors. <\p>
Five things you need to know today, and a potential rising star
Good morning, Cincinnati! Here are the five most important things you need to know to help start your busy business day:<\p> Macy’s has been closing stores for several years. Now it’s opening one in Greater Cincinnati in Rookwood Commons, Christian LeDuc reports. This is a small-format store, not the department stores shoppers have been accustomed to.<\p>
Janitorial firms persist despite office consolidation ‘shell game’
The following article is a supplement to the Courier's 2024 list of largest janitorial firms.<\p> Greater Cincinnati companies are moving spaces, consolidating offices and switching to hybrid work schedules post-Covid. Despite that, the janitorial firms that service them are adding employees to their ranks.<\p>
CEO turned post-9/11 layoff into thriving local business
The following article is a supplement to the Courier's 2024 list of largest janitorial firms.<\p> In September 2001, Brent Degenhardt was working in the construction industry when the Twin Towers fell. This had a significant impact on the economy and the building industry, leading to widespread project cancellations and layoffs, including Degenhardt’s own.<\p>
City tries to claw back millions in incentives it paid Mercy Health
The city of Cincinnati is trying to get back $7 million it paid Bon Secours Mercy Health to invest in its Bond Hill headquarters and create hundreds of new jobs, saying the company is in default of 2014 and 2019 tax break agreements it signed. <\p> The company did not create and retain as many jobs as it promised, and it also failed to comply with “annual qualifying wages obligations,” according to a June 20 letter signed by City Manager Sheryl Long. <\p>
Cast connects with McCartney’s emotional ‘Liverpool Oratorio’
Soprano Jacqueline Echols McCarley was pleasantly surprised when she started learning the part of Mary Dee, one of the leading roles in “Liverpool Oratorio” by former Beatle Paul McCartney and composer Carl Davis.<\p> “It does have a very pop flare, but there is a beauty in it. And there is a freshness in it. There’s a newness in it that I can appreciate coming from (McCartney’s) perspective and how he hears certain melodies and how he hears the voices,” Echols McCarley explained between rehearsals recently. “I mean, I’m 100% impressed. I respect his musicianship and his writing.”<\p>
Former American Financial CFO’s now $3.5B venture soars in Cincinnati
Jeff Consolino didn’t have to create a $2.5 billion company. He was set on a comfortable career path. He was chief financial officer at American Financial Group Inc., the downtown Cincinnati-based Fortune 500 firm and specialty insurer, a role he’d been in for more than seven years.<\p> But he needed to scratch an entrepreneurial itch.<\p>
NKY-based tech company expands to NYC
One of Northern Kentucky’s largest employers announced the opening of a new executive briefing center in Manhattan in New York City.<\p> Pomeroy Technologies LLC, which is headquartered in Hebron, opened its new briefing center in order to better serve its clients and partners in the northeast. The company works to deliver technology products and services to its clients in regional, national and global markets. Its services include technology and lifecycle offerings, strategic technical staffing, managed and professional services.<\p>
Brewery to expand with new taproom, restaurant in Covington
A Lexington-based brewery is expanding its Cincinnati-area footprint with the opening of a new, larger taproom in the region.<\p> West Sixth Brewing will open West Sixth Covington Haus in the former Flying Axes space at 100 W. Sixth St. in the unit below Second Story, a cocktail bar.<\p>
Here’s how FCC's attendance is trending this season
FC Cincinnati’s attendance has reached 99% of capacity this season as it has posted Major League Soccer’s best record nearly two-thirds of the way through the season.<\p> FC Cincinnati has averaged 25,252 fans per game at TQL Stadium so far through 11 MLS home matches. The club has six home games remaining in the regular season. <\p>
The National Observer: Investors taking a big interest in strip malls
Welcome to The National Observer, a roundup of top business news and actionable insights from across The Business Journals network of publications. Today, we're looking at the closure of a century-old college, a sustained surge in new business formation, and where Kroger is looking to sell stores in order to win antitrust regulators’ approval for a $24.6 billion acquisition. But first, let's see how the accelerating spread of data centers is prompting resistance in some regions.<\p> Get more stories like these every day in your inbox by subscribing to The National Observer newsletter. <\p>
Another downtown office tower faces foreclosure
A third downtown Cincinnati tower faces a foreclosure action. <\p> The owner of 312 Elm St. has defaulted on its loan and is delinquent on debts to vendors, according to the case filed June 7 in the Hamilton County Court of Common Pleas. <\p>
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