President Obama dropped $90 mil on a couple of local non-profit development companies. Cincinnati Center City Development Corp. (3CDC) and the Uptown Consortium were awarded $50 million and $40 million tax credits, respectively, by the U.S. Department of the Treasury as part of a program aimed at spurring retail and residential growth. 3CDC says it plans to create a rock climbing wall/juice bar/light-free techno dance hall in order to draw more YPs to the area. (Just kidding.)
P&G plans to cut 5,700 jobs next year (and we just had our resumes all cleaned up to prove we could write the best stories about how Tide makes clothing — and life — better for everyone…).
A 15-year-old Milford High School freshman named Eben Christian Franckewitz has advanced to next Thursday’s live episode of American Idol. Franckewitz is reportedly the first area reside to become one of the 24 Idol semifinalists. Pick it up, area talented people!
The New York Police Department is defending its recent practice of spying on mosques using tactics it normally reserves for criminal organizations. The AP got a hold of documents that showed police "collecting the license plates of worshipers, monitoring them on surveillance cameras and cataloging sermons through a network of informants."
The new documents, prepared for Police Commissioner Raymond Kelly, show how the NYPD's roster of paid informants monitored conversations and sermons inside mosques. The records offer the first glimpse of what those informants, known informally as "mosque crawlers," gleaned from inside the houses of worship.
Chicago Mayor Rahm Emanuel says his police would never spy on Muslims.
Officials in Australia have opened another investigation into the 1980 death of a 9-week-old baby whose parents say was taken away by a dingo. The mother was convicted of murder and later cleared of the charge.
Seven Marines were killed in a training crash near the California-Arizona border Wednesday night, one of the deadliest training crashes ever. Officials say it will take weeks to determine why the two helicopters crashed in midair during a routine exercise.
JC Penny lost $87 million in the fourth quarter of 2011. CEO Ron Johnson says it’s cool, though, because the company was getting a makeover and those are expensive.
On the other side of the fence dividing companies that lose money and companies that make mass of it, Apple is so flush its CEO says the company has too much cash. Tim Cook is reportedly “wondering what to do with the company's $97.6 billion.”
A new study says
that global warming could shrink the human race. Wait, what?!? It’s
true: NEW GLOBAL WARMING THREAT: HUMAN RACE MAY SHRINK. Great ... just great.
Oh, and the UC basketball team beat No. 17 Louisville last night, a big step toward playing in the NCAA Tournament for the second straight year. Nice, one-handed jam, Dion!
If you're one of those people who enjoys relaxing in a public park, maybe eating a sandwich and enjoying the lush greenspace Cincinnati has grown proud of, that's all well and good. (Bring a blanket and some apples; enjoy yourself.) That is, until you get a little sleepy and want to lie down on the ground or a bench — that's illegal now.
The Cincinnati Park Board yesterday approved a no-lying down rule across all of its 5,000 acres of park land, likely in response to ongoing Occupy Cincinnati lawsuits over the legality of closing the park at night. People who lie down in parks are now subject to $150 fines for the misdemeanor offense.
Occupy D.C. protesters built some type of structure in a park Saturday night, and police on Sunday notified them that they didn't have a permit and took it down, arresting dozens in the process. It was a pretty nice structure, though.
More details are coming out about Chris Monzel and Todd Portune working a behind-the-scenes deal to sell Drake Hospital for way less than it was worth in order to save rich people money on their property taxes for one year. Critics have called it a “fire sale” and questioned the legality of selling a public asset without competitive bidding, outside studies or input from county lawyers. From The Enquirer:
"The 2-1 vote ends 87 years of county ownership of the Hartwell rehabilitation hospital. UC Health will buy it for $15 million – a price negotiated in secret by one commissioner and approved with no outside studies, no input from county lawyers or the county administration, and little public discussion.
The money from the sale will bail out the stadium fund for one year, avoiding a $14.2 million deficit for next year. It also allows the county to restore a property tax rollback promised to voters in 1996 when they approved a new sales to build and maintain the stadiums – a rollback largely scrapped this year to pay for the stadiums."
Cincinnati City Council today will lose its longtime excuse that there are too many old conservatives involved to get anything done, as three of its new members are young, optimistic and representative of the community who aren't old guys or mean rich ladies. The Enquirer discusses Council's influx of YP energy here, including a nice photo of Chris Seelbach, Yvette Simpson and P.G. Sittenfeld with the caption: “Before...” that seems rather ominous.
Ohio has reportedly offered Sears $400 million to relocate from Chicago to Columbus. Illinois Governor Pat Quinn says the offer is about four times what Illinois has offered.
President Obama was in Scranton, Pa., yesterday to promise that he's trying to extend a payroll tax cut for workers.
Dentists are having a tough time as people skip their visits due to the economic downturn. Now they're looking to marketing and social media to help. At least your teeths cleaned everybody!An eastern Kentucky church voted to ban interracial marriages.
Wild donkeys are messing up Texas' ecology.
Michigan is about to allow the carrying of stun guns.
And horses could soon be slaughtered for meat in the U.S.
Isn't there any good news? The Kindle Fire and Nook Tablet are apparently giving
the iPad a run for its money? The NFL hearing Detroit Lions player Ndamukong Suh's appeal over a two-game suspension for stomping on somebody's arm?
Eh, whatever. Just watch this Kenny Powers K-Swiss video and forget about the real world.
A new study has found high levels of arsenic in fruit juices that millions of kids are drinking because there's pictures of actual food on the label. Too bad government regulation is just a big waste of money that hurts the economy.
A full 10 percent of the juices tested by the magazine had arsenic levels higher than what is allowed in water by the Food and Drug Administration.
“What we’re talking about here is not acute affects,” Urvashi Rangan, director of safety and sustainability at Consumer Reports, told TODAY. “We’re talking about chronic effects. We’re talking about cancer risk. And so, the fact that 10 percent of our samples exceeded the drinking water standard underscores the need for a standard to be set in juices.”
Consumer Reports tested 88 samples of apple and grape juices sold around the country. Included among those tested were popular juices like Minute Maid, Welch’s and Tropicana.
Headline: "Stadium tax rebate favors wealthy." Analysis: "No shit." Owners of the county's most-expensive homes reportedly receive more savings from the property tax rollback than they pay in the sales tax increase that was supposed to pay for the sports stadiums. An Enquirer analysis of last year's property tax payout found that the half-cent sales tax increase amounts to a maximum of $192 annually, while some high-value homeowners received tax rebates of $1,175 or more.
• Million-dollar homes account for less than 1 percent of households, yet they received nearly 5 percent of the total rebates — or one out of every $20 paid out.
• One out of four homeowners - those with a home worth $200,000 or more - got $8.8 million in rebates - more than half the total rollback.
• The median Hamilton County homeowner with a property worth $106,700 is eligible to get a $50.15 rebate under the rollback.
• The 132 Hamilton County homeowners with houses worth $2.5 million or more get at least $1,175 apiece.
• Property owners with homes worth $150,000 or less account for nearly six out of 10 households, but collectively they received less than 23 percent of the benefits.
County commissioners have four days to tell the auditor to go ahead and tax homeowners at the previous rate, but Chris Monzel and Todd Portune are up for reelection this year and won't dare change take it away from the powerful rich people.
[Correction: Monzel is not up for reelection.]
Said former commissioner David Pepper:"At its core, the property tax rollback creates a reverse-Robin Hood scheme, where middle-class homeowners and renters are not only the ones paying for the stadium, but also footing the bill for a tax break for high-value property owners. Those high-end property owners are not paying for the stadium at all."
Some Ohio anti-abortion groups apparently didn't learn their lesson from Gov. John Kasich's SB 5 failure, as at least one has broken away from Ohio Right to Life for refusing to endorse HB 125, the “heartbeat bill.” Ohio Right to Life believes HB 125 won't withstand a challenge under Roe v. Wade, but Warren County Right to Life wants to spend a lot of time and resources pursuing it anyway. Ohio Right to Life says a successful legal challenge could strengthen the women's choice side, but other groups are expected to join Warren County Right to Life anyway.
Guess there's a reason why Congress doesn't care much for the 99-percent movement: Eleven percent of Congress is part of the 1 percent. Fifty-eight members of Congress have $9 million or more in net worth, including Kentucky's own Mitch McConnell and John Yarmuth. Congress also includes 250 millionaires, so maybe they'll listen.
Occupy Wall Street celebrated its two-month mark by organizing a “day of action,” beginning with a march to the New York Stock Exchange.