Stock market drifts higher amid rate relief signs
The Dow Jones rose in early trading as hopes for easing rates buoy markets. IBM traded up after reporting stronger second-quarter earnings while the NYSE composite gained and volume stayed strong. A new Small Business Enterprise Center opened in Brook Park, receiving state funding to aid local entrepreneurs.
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Hudepohl-Nixed Reinheitsgebot claim sparks beer feud
Hudepohl of Cincinnati disputes Stroh of Detroit over Erlanger beer claiming to meet the Reinheitsgebot. Hudepohl says the claim is misleading and declines legal action while Stroh counterpoints its national distribution status and advertising.
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O Reilly leads Heinz global tour and Irish ties
Heinz chief Anthony O Reilly travels from West Virginia to Tokyo Hong Kong and London to promote Heinz 57 varieties Ore-Ida and Weight Watchers. He reports on China infant nutrition plans and tuna investments while raising funds for the Ireland Fund and serving on multiple boards.
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