1-minute reads: 5 Dayton business stories to know today

Published: Monday, March 20, 2017 @ 5:16 PM


            1-minute reads: 5 Dayton business stories to know today

1. Rehabilitation center gets $6M expansion

A $6 million investment will benefit children, adults and seniors who have disabilities in the Dayton area. The United Rehabilitation Services of Greater Dayton at the Charles D. Berry Center will host a ribbon-cutting ceremony on Friday to celebrate its “Unlocking PossAbilities” expansion project. The project adds an additional 21,647 square feet to the URS center at 4710 Old Troy Pike. READ MORE

2. State to close Huber Heights center, eliminate 214 jobs

More than 200 workers in Ohio will lose their jobs as a result of the state’s decision to close two centers for people with developmental disabilities, including the Montgomery County Development Center in Huber Heights. READ MORE

3. DP&L to shut down 2 Ohio plants

Dayton Power and Light Co. will shut down two power plants in a rural Southern Ohio county, according to a company statement. The company announced two power-generation plants in Adams County will shut down by June 2018. READ MORE

4. Premier Physician Network adds practice

Studebaker Family Practice in Brookville has joined Premier Physician Network, one of the largest groups of primary and specialty care practices in Southwest Ohio, the network announced Monday. READ MORE

5. Cost of ITT Tech implosion surpasses $141 million for taxpayers

U.S. taxpayers have already shelled out more than $141 million to help students affected by the collapse of ITT Technical Institute and they may be on the hook for hundreds of millions more. READ MORE

Dayton innovators: Local man helps patients easily consume medicine

Published: Sunday, March 26, 2017 @ 10:06 AM

Editors note: We’re introducing you to Dayton-area innovators and patent-holders, those who roll up their sleeves and demonstrate that the region remains a cradle of creativity.

Joe D’Silva, founder of P & C Pharma in Washington Twp., has worked for large pharmaceutical companies nearly all of his career — and always in research and development.

“So it comes natural to think about new things,” D’Silva said.

RELATED: City of Invention: Dayton remains a cradle of creativity

Along the way, he has noticed particular problems: How patients consume medicine — or struggle to.

“There is a group of people who can’t take tablets,” he said. “Older and elderly people, if you have Parkinson’s disease, swallowing disorders, pediatrics.”

Sometimes commercial products meet those needs. But sometimes they don’t.

RELATED: Dayton inventors create Nature Zap, Smart Spray

The problem fascinated D’Silva. Medicine does not benefit patients unless they can somehow take it.

He devised a way to blend medicines into a liquid blend that can be easily swallowed — and at what he calls a reasonable cost.

“I don’t want to come up with something that adds to the burden that’s already there in health care,” D’Silva said. “So in some respects, I have kind of cross-fertilized myself by looking at other industries.”

A former resident of Philadelphia, he noticed how nurses and nurse aides crush tablets. He also looked at certain industrial process, called wet-milling, steeping a material in water to soften it.

He reversed-engineered and shrunk that process to develop his own innovation. He places medicine in a bottle shaped with sharp inner ribs and filled with water. The bottle is placed in a rotary device and spun vigorously — “milling” the medicine.

RELATED: UD researcher measures success in aviation, energy

The result is a liquid blend that should be easy for patients to swallow.

D’Silva could not really get traction with his idea until he came to Dayton, after spending time in Columbus and elsewhere. Roger Edwards, entrepreneur in residence for Accelerant, a private venture capital program associated with the Dayton Development Coalition, has performed due diligence on P & C Pharma with an eye toward a possible investment.

RELATED: Dayton inventors search for medical breakthrough for children

Whatever happens with his venture, D’Silva is adamant about one point: The Dayton area is now home.

In fact, he calls basing the company in the Dayton area “non-negotiable.”

“I think this area has something special for people like me,” he said.

These major retailers are expected to close nearly 3,000 stores this year

Published: Saturday, March 25, 2017 @ 7:30 PM

These major retailers are expected to close nearly 3,000 stores this year

If you’ve been following Clark.com lately, you may have noticed that 2017 hasn't been a good year for some retailers that many people know and love.

With stores big and small announcing sweeping closures, it can be hard to keep up with the changes.

On the radio show, Clark explained that the retailers on this list are closing stores because they’re not giving people what they want in terms of things like price, fashion and selection.

As a result, shoppers are increasingly turning to online and discount merchants for better deals. 

“The reality is that America has been overstored. We have far too many retail locations, shopping centers and branches of different chains,” Clark said. “But stores that are meeting your needs with low prices will continue to thrive.” 

In the meantime, here's our list of major retailers that are closing stores in 2017:

»RELATED: Toy store closing all locations, including Butler County store

Department stores

JCPenney - 138 stores 

JCPenney has announced that it plans to close nearly 140 locations across the country, many in rural areas. 

JCPenney CEO Marvin Ellison said at a conference in early January that the department store chain would have to shut down some of its nearly 1,000 stores, so this announcement was expected.

Here's a list of the 138 locations that will be closing in June.

Macy’s - 68 stores 

Macy's plans to close about 15% of its locations amid a challenging retail environment. 

The retailer revealed in August 2016 that it would close 100 of its 730 stores to concentrate on better-performing locations to “elevate their status as preferred shopping destinations.” 

In a January 4 news release, Macy’s announced 68 of the closures. Of the 68, three have already closed, 63 were scheduled to shut down in early 2017, and two will be closed in mid-2017. 

The company plans to close approximately 30 additional stores over the next few years. 

Here's a list of the store closings we know about so far.

Sears & Kmart - 150 stores 

Could the end be near for Sears and Kmart?

In a March 21 filing with the Securities and Exchange Commission, Sears Holdings issued a warning that it may not be able to stay in business unless it can come up with more cash.

In January, Sears Holdings announced plans to close 150 unprofitable Sears and Kmart locations, and sell its Craftsman business. The company also initiated a restructuring program to save $1 billion a year.

HHGregg - 88 stores

HHGregg, the retailer that sells electronics, appliances and furniture, will close 88 stores by mid-April and shut down three distribution centers.

About 1,500 jobs will be cut as a result of the downsizing, the company said. Here's a complete list of the 88 stores that will be shut down.

For the full list of closings, go to clark.com. 

Did your favorite make the list? 10 best pizza places in Ohio

Published: Saturday, March 25, 2017 @ 7:55 AM

Did your favorite make the list? 10 best pizza places in Ohio

Ohio is loaded with places to try out different types of pizza, but only 10 were ranked as the top places to grab a slice of ‘za.

According to website Best of Ohio, Dayton and Cincinnati had plenty of good restaurants to try out the Italian classic. But it also snubbed the Queen City’s classic chain, LaRosa’s Pizzeria.

Here’s the list of the 10 “best” places for pizza:

1. Dewey’s Pizza in Oakley

2. Marion’s Piazza in Dayton

3. Spinoza’s Pizza in Beavercreek

4. Giovanni’s Pizza in Fairborn

5. Pieology in Cincinnati

6. Beer Barrel Pizza and Grill in Lima

7. Avalanche Pizza in Athens

8. Mellow Mushroom in Columbus

9. Milillo’s Pizza in Hamilton

10. Mary’s Pizza Shop in Lisbon

Tell us your favorite pizza joint in the Buckeye state. Tweet reporter @KaraDriscollCox.

Five things to know: Are you at risk for a cyber attack?

Published: Sunday, March 26, 2017 @ 9:00 AM


            Five things to know: Are you at risk for a cyber attack?

If you’re online, you’re at risk, experts say.

“The fact of the matter is we as a society do more and more and more stuff online — that’s individuals, that’s governments, that’s businesses — and when you do that … what we call the threat surface has grown exponentially,” said David Salisbury, a University of Dayton professor of information systems.

RELATED: The war you can’t see: U.S. cyber warriors protect us from daily attacks

Although cyberwarfare gets a lot of attention, said Jeff A. Hughes, president of Tenet3 in Riverside, “there’s a lot of everyday threats I think people should be equally as focused on.”

Experts have these tips on the ways you personally may be at risk online and on the job.

SPECIAL REPORT: Cyber warriors can stop cars, turn off water, unlock jail cells

Here are five ways you can protect yourself:

  • Spear phishing or phishing: Clicking on an email attachment may unleash malware that infects your computer. Experts say be wary of what you click on if you don’t know its origin or the sender.
  • Ransomware: A hacker demands money to remove malware from your computer,which may have neen infilitrated by clicking on a phishing email. The malware would restrict or shutdown your ability to use the system. “There is one way to avoid being wiped out by ransomware and that is to back everything up you don’t want to lose … and then physically disconnect it from your computer,” Salisbury said.
  • Credit card skimming: A noted concern at gas station fuel pumps, running your credit card through a skimming device could let a thief walk off with credit card data. “These are vulnerable to quick hacks,” Hughes said.
  • Social media: The information you share online could be crafted by criminals to develop a specific spear phishing intrusion to target you, Hughes said. Experts recommend setting privacy settings to keep out those you don’t want snooping in your social media accounts
  • Don’t answer requests for personal information online.

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