
Five things you need to know today, and when is a house a home?
1) Kohl's shutting down local facility, laying off nearly 800
National retailer Kohl's is closing its Middletown e-fulfillment center, which will result in the loss of 768 jobs. The center, open since 2001, is one of 14 the retailer has across the country. From interim CEO Michael Bender, 'Ultimately, it's a necessary step to strengthen our operational discipline, drive greater cost efficiency and ensure the long-term health of our business – for our customers, our associates and the future of our company.'
2) Developer details changes to $69M Covington riverfront project
Silverman & Co. has shown off refined designs, which include additional residential units, for the largest announced project to date at the Covington Central Riverfront site. The developer is building 275 apartments on 1.3 acres across two blocks at the sprawling 23-acre site of the former IRS building.
3) One of Cincinnati's largest nonprofits seeks new CEO
Kurt Reiber, CEO of the Freestore Foodbank, is going to retire next year after 15 years on the job. The nonprofit, the eighth-largest in the region, according to Courier research, is partnering with BroadView Talent Partners on a national search to find his successor.
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4) Planning Commission acts on proposed Bengals tailgating parking lots
One of the conditions the Bengals made to allow the Andrew J. Brady Music Center to be built at the Banks was that the former Hilltop concrete plant be demolished and redeveloped into a parking lot that could be used for tailgating on game days. That was supposed to be done by 2021. But just last week, the Cincinnati Planning Commission voted on a zoning change to move the project forward, albeit on what could only be a temporary basis.
5) See the latest progress of $260M upgrade to home of Cincinnati Open
Finishing out this morning with Steve Watkins, who brings us the latest on the $260 million in upgrades to the Lindner Family Tennis Center in Mason, which is slated to be spiffied up in time for the 2025 Cincinnati Open tennis tournament.
On the calendar
Cincy Inno, a Business Courier sister pub, is hosting the Fire Awards at UC's 1819 Innovation Hub June 11. The event features the region's hottest startups. Get your ticket before it's too late here.
This day in history
68: Roman Emperor Nero commits suicide, having his secretary Epaphroditos slit his throat to avoid a Senate-ordered execution by flogging.
What I'm reading
'The Oligarch's Daughter' by Joseph Finder
What I'm watching
'X-Men '97' on Disney+
Good stuff on Spotify
'Bath of Least Resistance' by NOFX
What I'm playing
Destiny 2 on PlayStation 5
When does a house begin to feel like a home?
I can anticipate your criticism already: 'Again? Another column about moving?' 'We get it, you're moving, give it a rest.'
I'll try to keep it short. And this will be the last one. I promise. I hope.
Tomorrow is Moving Day. I followed the advice of many of you who took the time to write me and hired professional help, so the next real ordeal is in unpacking.
I write this, sitting on the floor of my new family room in a house that is devoid of all furniture, having just had the Spectrum guy set up my internet. It still feels like a stranger's home. It smells like a stranger's home. I'm listening to the background noise of a stranger's life: Lawn mowers and leaf blowers employed by new neighbors I don't yet know.
When does a new house begin to feel like home? Is it when you've unpacked and organized everything? When you're able to fit both cars inside the garage? When you've developed new routines? In year two when those routines begin to feel, well, routine?
In my current (old) house, it happened so gradually that it went uncelebrated, unrecognized. One day it was just home.
I spent a grand total of less than an hour in this house before getting the keys, between the first showing to the inspection to the final walkthrough. Of course it'll be an adjustment. But it's an adjustment I'm excited to make, the culmination of a two-year search that's now finally ended.
Wish me luck tomorrow.
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Target Sued In Two Class Actions Over Gift Card Scams
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Time Business News
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Beginner's Guide to Corporation and Employer Identification Number
Starting a corporation in the United States can feel overwhelming, especially if you are a first-time entrepreneur or an international founder. From legal requirements to tax obligations, there are several steps you must follow to ensure your business complies with U.S. regulations. One of the most important steps is obtaining an Employer Identification Number (EIN). In this beginner's guide, you will learn what a corporation is, why the EIN matters, how to apply for one, and how a trusted partner like USAIndiaCFO can make the process simple and stress-free. A corporation is a legal entity that is separate from its owners. It provides limited liability protection, which means your personal assets are generally protected if the company faces debts or lawsuits. Corporations also have the ability to raise capital by issuing shares, making them attractive to investors. There are two common types of corporations in the U.S.: C Corporation (C-Corp): The most common type, suitable for startups seeking outside investment. The most common type, suitable for startups seeking outside investment. S Corporation (S-Corp): Offers pass-through taxation but comes with restrictions on ownership. Both structures require compliance with state laws and the Internal Revenue Service (IRS). This is where the Employer Identification Number comes in. An Employer Identification Number (EIN) is like a Social Security Number (SSN) but for your business. The IRS issues this nine-digit number to identify your corporation for tax purposes. Every corporation, whether run by U.S. residents or international founders, must have an EIN. With an EIN, you can: Open a U.S. business bank account. File federal and state taxes. Hire employees and set up payroll. Apply for business licenses and permits. Establish business credit. In short, the EIN is your business's federal identity. 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By working with USAIndiaCFO, you save time, avoid costly mistakes, and gain peace of mind knowing experts are handling your corporation setup. Still wondering why you should trust USAIndiaCFO with your incorporation and EIN application? Here's why: Expertise: Our team understands both U.S. and Indian business laws. Our team understands both U.S. and Indian business laws. Simplicity: We make complex processes simple and easy to understand. We make complex processes simple and easy to understand. Support: We guide you beyond incorporation, offering ongoing compliance and CFO services. We guide you beyond incorporation, offering ongoing compliance and CFO services. Global Reach: We help international founders confidently expand into the U.S. market. Whether you are launching your first startup or expanding an existing business, USAIndiaCFO is your trusted partner. Incorporating in the U.S. is an exciting step toward growing your business, but it comes with important responsibilities. One of the most critical is obtaining your Employer Identification Number (EIN). Without it, your corporation cannot pay taxes, open bank accounts, or hire employees. The good news is you don't have to do it alone. With the support of USAIndiaCFO, you can incorporate your business, secure your EIN, and focus on what really matters—building your dream company in the U.S. TIME BUSINESS NEWS