The resurrected World Trade Center in New York City officially opened for business Nov. 3, 13 years after the devastating 9/11 attack. Publishing giant Conde Nast will occupy the building along with advertising firm Kids Creative, stadium operator Legends Hospitality, Servecorp and BMB Group. At 104 stories, it is the country’s tallest building. World +2
As part of its restructuring, P&G has cut 10,130 jobs since 2012; the company says thousands more were cut without “separation packages.” Last month, the company announced that it will slash another 2,700 Duracell employees by late 2015. Cincinnati -2
The share of first-time home buyers has hit a 27-year low, according to the Wall Street Journal. Just 33 percent of primary residences sold this year were purchased by first-time buyers. Experts say high student debt, rising rents and insufficient incomes are making it harder for people to qualify for a mortgage. World -1
The major motion picture The Blunderer, staring Jessica Biel and Patrick Wilson, will be shot in Cincinnati Nov. 17 through Dec. 21. Film productions have resulted in $26 million dollars in direct impact on the city’s economy so far this year, according to the film commission. Cincinnati +2
A Thai court on Nov. 4 sentenced a 24-year-old university student to two and a half years in jail for posting a Facebook status that the court said insulted the country’s king. An original sentence of five years was reduced because the student confessed to the offense, the court said. World -2
THIS WEEK:
Cincinnati: 0
World: -1
TO DATE:
Cincinnati: 16
World: -21
This article appears in Nov 5-11, 2014.