Ohio residents may be surprised to hear that the EPA has stopped allowing new contracts to be issued to BP, the oil giant responsible for spilling over 200 million gallons of oil into the Gulf of Mexico three years ago. BP is now suing the EPA over a temporary ban...
Month: August 2013
Oil companies finding ways to slash royalties for landowners
In Ohio and every other oil-producing state, oil companies have promised private and public landowners millions in royalties for the right to drill, frack or otherwise remove petroleum from their property. However, a study from ProPublica claims that many of the...
Purchase may signal strategy change for medical device companies
Medical device companies are frequently cited as one of the many reasons that healthcare costs in Ohio and the rest of the country continue to escalate. The basic argument is that innovations in the medical device industry have driven costs up instead of down. The...
Car dealership accused of poor business practices
More than two dozen people have filed lawsuits against an Ohio auto company that has paid hundreds of thousands of dollars in order to resolve numerous cases since December 2012. Some of the complaints lodged against the prominent Miamisburg dealership include fraud...
End of an ownership era for Columbus Crew
The Hunt Sports Group has sold the Columbus Crew, an original Major League Soccer franchise, to Precourt Sports Ventures, a privately-held investment and management firm founded by Precourt Capital Management. Operating mainly in the energy production and distribution...
