Former area chief executive begins second prison term for fraud
Michael Pepper, ex CEO of MCSI Inc. in Kettering, starts a two year sentence at Ashland Federal Correctional Institution for defrauding shareholders and money laundering. He faces release on April 18, 2015 after an appeals court found the initial seven day sentence too short.
MENTIONED IN THIS ARTICLE
Michael Pepper
Kettering
Beckwith
Jomas Nau
U.S. factory orders hit record in June driven by airplanes
Orders placed with U.S. factories rose 1.5 percent in June to a record 496.7 billion, propelled by aerospace machinery and autos. Durable goods rose 3.9 percent amid strong transportation demand, with Boeing reporting 287 plane orders in June.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Boeing
Area praised as UAV leader in Beavercreek Ohio
Senator Portman hailed Beavercreek area as a leading UAV hub after meeting with Woolport leaders and regional aerospace figures. He applauded FAA approval for Sinclair Community College to fly UAVs at Wilmington Air Park and backed Ohio Indiana’s bid to host one of six national UAV test sites. He highlighted Sinclair’s world class UAV education program and regional collaboration with Jeff Hoagland and Dave Hobson.
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Beavercreek
Rob Portman
Portman
Woolport
FAA
Sinclair Community College
Wilmington Air Park
Air Force Base
Clinton County
Ohio
Jeff Hoagland
Dayton Development Coalition
Dave Hobson
U.S
Indiana
Sinclair
UAV test sites eyed as FAA weighs six options
Dayton leaders touted regional strengths in unmanned aerial vehicle work as Congress pushes the FAA to evaluate six test sites. Sinclair president Steven Johnson and Woolpert officials highlighted Wright-Patterson Air Force Base, local contractors, and aviation expertise as keys to attracting UAV projects and reducing survey costs. Portman noted infrastructure and expertise boost regional prospects and praised local firms for their role.
MENTIONED IN THIS ARTICLE
Portman
FAA
Congress
Sinclair
Wright-Patterson Air
Carter
Steven Johnson
Dayton
Johnson
Dayton Declares Itself a Fair Trade City
Dayton joins San Francisco and Chicago in adopting a fair trade city designation. The City Commission unanimously approved a resolution urging support for fair trade practices and preferring fair trade goods in purchases, aiming to ensure humane production and wages. The effort, led by London Coe of Peace on Fifth, cites global anti trafficking goals and contemplates Montgomery County adoption of a similar measure.
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Dayton
United States
San Francisco
Chicago
Nan Whaley
London Coe
Peace On Fifth
Fifth St
Oregon
Coe
Montgomery County
Kery Gray
Spending hits four month high as consumers boost June outlays
U S consumer spending rose 0.5 percent in June from May, the fastest gain in four months, while income grew 0.3 percent. Inflation measured by spending rose 1.2 percent over the past year, easing concerns about inflation but raising deflation risks. Economists warn growth depends on stronger income gains to sustain spending into the second half.
MENTIONED IN THIS ARTICLE
Institute For Supply Management
U.S
Washington
Commerce Department
Federal Reserve
Fed
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