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Cincinnati Business Courier
Greater Cincinnati highway partially closed for five years reopens
A highway in Northern Kentucky that runs along the Ohio River – and has had a portion closed for nearly five years because of a landslide – has reopened, restoring a key connection between the cities of Bellevue, Dayton, Silver Grove and Fort Thomas.<\p> Mary Ingles Highway in Campbell County reopened July 3. It was damaged by a 2019 landslide.<\p>
CEO on firm’s $1.3B sale: It positions us to be ‘No. 1 in the world’
Lance Kwasniewski had hoped to find a buyer for Blue Ash-based Belcan sooner than mid-2024, but Covid-19 delayed any major M&A plays.<\p> The firm’s announced sale in June to publicly traded Cognizant Technology Solutions Corp. (Nasdaq: CTSH) for an estimated $1.3 billion sum makes it seem worth the wait.<\p>
Where will Bon Secours Mercy Health move after vacating HQ?
Bon Secours Mercy Health is vacating its headquarters in Bond Hill after eight years of use, but it's unclear where it will base staff following the move.<\p> Bon Secours Mercy Health responded to a request for proposal, or RFP, issued by Hamilton County as part of its hunt for office space. Mercy's Bond Hill office, which overlooks the Norwood Lateral, is located at 1701 Mercy Health Place.<\p>
Landsman, Republicans unveil bill to boost campus housing
A new bill in the U.S. House would allow some students who qualify for federal Section 8 housing vouchers to use them on campus housing across the United States, a concept endorsed by University of Cincinnati President Neville Pinto.<\p> U.S. Rep. Greg Landsman, D-Mount Washington, is introducing the bipartisan legislation alongside U.S. Reps. Don Bacon, R-Neb.; Mike Lawler, R-N.Y.; and Joyce Beatty, D-Columbus.<\p>
Cincinnati investor extends fund deadline after raising millions
Cincinnati seed-stage capital investor CincyTech has extended the deadline for its next investment fund after raising millions of dollars in the past year.<\p> CincyTech, based at the 1819 Innovation Hub in Avondale, will now take investments in its sixth fund, expected to be its largest to this point, up until Sept. 30. It had previously expected to close fundraising by June 30. And that deadline had previously been extended from the initial plan to wrap up the fund by June 2023. <\p>
OTR restaurant to close, building bought by James Beard-nominated chef
A Cincinnati vegan restaurant near Findlay Market is closing at the end of the month, and the property has been acquired by a local James Beard-nominated chef.<\p> Architect and developer Patricia Bittner opened Essen Kitchen in 2018 in a 400-square-foot building she owned, located at 1 Findlay St.<\p>
Five things to know today, and which movies hold up over time?
Good morning, Cincinnati. Happy Tuesday to everyone but the remnants of Hurricane Beryl. Before we get a good soaking rain, let's take a look at the five business news stories you need to know.<\p> Cincinnati Center City Development Corp. plans to call the area within two blocks of downtown's Fountain Square the Fountain District, Chris Wetterich reports. The goal is to create a brand that will promote street-level commercial, office, residential, parking and civic spaces to the public, as well as potential new businesses.<\p>
Greater Cincinnati school that closed after 100 years to be repurposed
A new school is set to open in the shuttered Saint Martin of Tours academic building in Cheviot.<\p> Cincinnati Technology Academy, a tuition-free school serving students from kindergarten to 12th grade, will move from its current space on Glenway Avenue in East Price Hill, according to Business Courier news partner WKRC-TV.<\p>
FTC noncompete ban suffers setback
The Federal Trade Commission’s broad noncompete ban suffered a legal setback after a federal judge in Texas ruled against the agency on July 3.<\p> U.S. District Judge Ada E. Brown of the Northern District of Texas, said in a ruling that the agency “lacks substantive rulemaking authority” on the matter and granted a preliminary injunction on the controversial rule that could affect employers in a broad range of industries. <\p>
Cincinnati business consulting firm adds first female partner
A prominent Cincinnati business consulting firm has expanded its leadership group by adding its first woman partner.<\p> Pendleton-based Amend Consulting has promoted Leslie Nienhaus to partner as of July 1. The move gives Amend a dozen partners.<\p>
Local distilling legend to be inducted into KY Bourbon Hall of Fame
New Riff Distilling founder and retired CEO Ken Lewis is among this year’s Kentucky Bourbon Hall of Fame inductees, a move that shows the growing recognition of the Northern Kentucky region in the commonwealth's broader bourbon industry.<\p> Lewis, who is 71, is also the 2024 recipient of the Parker Beam Lifetime Achievement Award.<\p>
The National Observer: America's most-on-time airports
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 a big change to federal rulemaking that could affect businesses, the hidden costs of owning a home, and federal grants for 12 tech hubs across the U.S. But first, you may want to pack your patience for these routes — they're the most delayed flights in the U.S.<\p> Get more stories like these every day in your inbox by subscribing to The National Observer newsletter.<\p>
Data-center debate: Booming CRE sector grapples with big questions
The proliferation of data centers across America is helping to power the nation's increasingly digital economy — but for some, it's coming at too high, or too unknown, of a cost.<\p> The data-center boom isn't new, but the rate at which these projects are being planned, proposed and built is quickly escalating. And while data centers once were concentrated in a few key markets, they're now fanning out to metro areas all over the country.<\p>
Landsman: Biden or Harris the ‘most likely’ Democrat nominee
U.S. Rep. Greg Landsman, D-Mount Washington, declined to say whether President Joe Biden should stay as the Democrats’ presidential nominee but did open the door to Vice President Kamala Harris replacing him.<\p> “The current president has to do everything in his power to convince, not just me or other House members or Senators or pundits, but the American people that he can make … the case as to why Donald Trump will upend our democracy and upend our lives,” Landsman said at an unrelated public event in Cincinnati Monday, July 8.<\p>
Former Indian Hill home of developer Matt Daniels listed for $3.5M
An Indian Hill home formerly owned by commercial real estate developer Matt Daniels is being listed for sale.<\p> The estate, located at 7805 Brill Road, went into the Multiple Listing Service Monday, July 8, and is expected to be active Friday, July 12. <\p>
First-of-its-kind skin cancer treatment lands in Butler County
Dermatology & Skin Care Associates in West Chester Township has become the first practice in Butler County to offer a nonsurgical treatment for common skin cancer to its patients.<\p> In partnership with the Chicago-area-based SkinCure Oncology, the local practice now offers image-guided superficial radiation therapy, or SRT. It's the only nonsurgical treatment for nonmelanoma skin cancer, scientifically known as basal cell and squamous cell carcinoma.<\p>
UC inks first two investments from new student-led venture fund
During his freshman year at University of Cincinnati, Jay Kothari wanted more ways to get involved. He was looking for organizations to be a part of and things to do, he told me.<\p> He stumbled, quite literally, into the world of entrepreneurship. Now, the third-year computer science major is helping stand up Bearcat Ventures, a new student-led venture fund – UC’s first – as its managing director.<\p>
Cincinnati Children's opens 24/7 cafe as part of $150M renovation
Cincinnati Children’s Hospital has debuted its newest 24/7 on-campus dining facility.<\p> Kaleidoscope Cafe is now open on the first floor of Building B and has nine specialty food and drinks stations, ordering kiosks, self-checkout stations and more.<\p>
Skyline Chili over the years: Iconic brand eyes expansion in 75th year
Skyline Chili is celebrating its 75th year in business, and new CEO Dick Williams spoke with the Business Courier about the restaurant chain’s plans for expansion in 2024 and beyond. That Q&A is featured in the July 5 print edition. The timeline below is a supplement to that article.<\p> 1949: Skyline Chili founder Nicholas Lambrinides and his three sons open the first Skyline at 3820 Glenway Ave. in Price Hill on Oct. 8.<\p>
Five things you need to know today, and a note from a grump
Happy Monday, Cincinnati. The work week returns, and the heat with it, so why not cool off with some news? Especially this first story we’ve got for you.<\p> As our Liz Engel exclusively reports, Cincinnati icon Aglamesis Bros. is expanding with its first new ice cream parlor in 54 years, heading up to a northern suburb of the city, which is experiencing something of a renaissance itself.<\p>
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