In an “Executive Decision” segment, Cramer spoke with Ward Nye, chairman, president and CEO of Martin Marietta Materials , a stock that’s been on fire since the election as investors pin their hopes on a major infrastructure bill from Washington. Nye said that his company’s shares fell hard during the recession as housing collapsed and our country lacked a federal highway bill.
Category: Ohio
Ohio drillers say 6 shale counties saw $43M tax bump
Oil-and-gas drillers in Ohio have paid $43 million in property taxes to local governments and schools in six shale counties since 2011, according to a report released Thursday. The finding by the Ohio Oil and Gas Association and Energy In Depth Ohio, a natural-gas research and education group, comes as Republican Gov. John Kasich has renewed calls for a severance-tax increase on the industry.
Review launched after Ohio inmate killed in transport van
This undated photo provided by the Ohio Department of Rehabilitation and Correction shows David Johnson, who received an eight-year sentence for sexual battery. The Ross County, Ohio, Coroner’s Office identified Johnson as the inmate fatally strangled Wednesday, Feb. 1, 2017, while riding in a transport van to the Ross County Correctional Institution with other prisoners and guards, after Johnson had been taken to Columbus, Ohio, for medical treatment, according to Ross County Prosecutor Matthew Schmidt.
Diversity report: Boards adding women, minorities – but very slowly
Carla Carstens, photographed Feb. 6, 2017, serves on the board of an Ohio-based trust and says women are still underrepresented in corporate boardrooms. She is not affiliated with a new report on board diversity.
GateHouse Media buys Dix Communications newspaper chain
The Dix Communications newspaper chain, with operations in northeastern and east-central Ohio, has been sold to GateHouse Media for $21.2 million. Dix Communications operations include a printing facility in Wooster and more than 30 daily and weekly newspapers, online-only publications and specialty publications.
To Toll or Not to Toll Is Question for Trump Infrastructure Plan
The Brent Spence Bridge between Ohio and Kentucky carries twice as much traffic as it was built to handle — it’s 54 years old and functionally obsolete. But an effort to replace the span on one of America’s busiest trucking routes has languished for years — even after governors from both states agreed on a $2.5 billion plan about five years ago.
The Dow’s Worst Day in 2016
Yet the year was also chock-full of major events, and many of them roiled the financial markets from time to time. In terms of the largest fall between market closes on consecutive days, the Dow’s worst day of the year came on June 24, when the Brexit decision for the U.K. to leave the European Union sent the average down 610 points.
Year in Review: Marijuana’s Green 2016
As we look back on the year, 2016 may very well go down as the greatest year ever for marijuana and the cannabis industry. Over the past 12 months we’ve watched the industry evolve before our eyes, and in some cases seen legal marijuana spread to new states.
GM, Fiat Chrysler Idling 7 Plants Next Month as Sales Slow
General Motors Co. will idle some production at five U.S. passenger-car plants in January while Fiat Chrysler Automobiles NV halts output for New Year’s week at two Canadian vehicle factories.