Five things you need to know today, and when is a house a home?
Happy Monday, Cincinnati! Here we are at the precipice of a new week. Let's jump into it.
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.
Do you like Five Things? Make sure to subscribe to our Morning Edition emails so you have it in your inbox each day.
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
2 hours ago
- Bloomberg
Ken Moelis Plans to Step Down as CEO of His Investment Bank
Ken Moelis, who became one of the most recognizable dealmakers on Wall Street in his four-decade career, will step down as CEO of his boutique investment bank effective Oct. 1. The 66-year-old banker will take on the role of executive chairman at Moelis & Co., the company said in a statement Monday. Co-President Navid Mahmoodzadegan will become chief executive officer and join the bank's board.
Yahoo
5 hours ago
- Yahoo
Hope Florida Foundation to amend tax return to show golf tourney made more money
TALLAHASSEE — Gov. Ron DeSantis held a two-day golf tournament at a high-end resort in Panama City Beach last year to raise cash for the Hope Florida Foundation, the nonprofit associated with the First Lady that is under investigation. The May 2024 event at a resort that bills itself as the 'true gem' of Florida's Gulf Coast lost more than $17,000, according to the foundation's delinquent federal tax return filed in April — six months past its due date. But now the foundation said it will amend its tax return by attributing more donations to the golf fundraiser, ones it previously failed to report to IRS. The event, it claims, was an 'extraordinary success,' though by IRS rules it still lost money, even if the foundation's 990 tax form is amended. The problems with Hope Florida's tax return underscores the financial challenges that have plagued the two-year-old foundation and prompted state lawmakers this spring to launch an investigation into the charity, trumpeted by Ron and Casey DeSantis as way to help Floridians get off government assistance. 'The incompetence is astounding,' Rep. Alex Andrade, R-Pensacola, said by email when he was told about how the group's tax return was to be amended. Andrade used his House Health Care Budget Committee this spring to investigate the Hope Florida Foundation, which was used as a pass through for $10 million from the state's Medicaid settlement. That money wound up in the account of a political action committee set up by DeSantis' former chief of staff, James Uthmeier, to defeat a ballot initiative to legalize marijuana. Andrade said it was illegal to shift state money that should have gone to help provide health care for the poor to a political operation. Uthmeier, who DeSantis has since appointed Florida's attorney general, has denied any wrongdoing. The House investigation also showed that the Hope Florida Foundation had not filed its tax return, produced a required audit or kept up with other paperwork. Andrade ended his investigation in April saying he there was evidence that DeSantis administration officials and others tied to Hope Florida had committed 'conspiracy to commit money laundering and wire fraud' in moving the Medicaid money. The DeSantises and others involved also deny any wrongdoing. Andrade handed over information, he said, to the U.S. Department of Justice and the Leon County State Attorney's Office, which confirmed it is investigating the allegations. The golf fundraiser coincided with a press conference where DeSantis and his wife handed out $140,000 in checks to seven local nonprofits and churches. But it was not announced in advance by the governor's office or the Hope Florida Foundation and seemed to have little social media presence. Now the Foundation is spinning the initial loss claimed for the fundraiser into gold. 'The Governor's Cup was an extraordinary success that was not paid for at taxpayer expense and raised a net profit of nearly $700,000 for the Hope Florida Foundation,' the foundation said in a recent statement provided by Jeff Aaron, the outside legal counsel hired in October to help fix the foundation's finances and other problems. Aaron provided a list of donations that were not part of Hope Florida's tax form and said an amended form would be filed soon. Aaron said the tournament raised $785,000 donations and had $95,547 in expenses for a total profit of $689,452. But the foundation's tax return tells a different tale. It shows the Governor's Cup only made $22,000, and with $40,000 in expenses reported a loss of $17,000. The IRS requires the donations to be subtracted from the gross revenues to show how much the revenue the event generated selling event-related goods and services. So while the tax return notes the foundation received about $400,000 in contributions, that money is not counted as revenue for the fundraiser. And because the tournament didn't produce enough revenue to cover the expenses, the expenses come out of the donations, said Laurie Chaney, CEO of Charity Watch, an independent nonprofit watchdog. 'That isn't a good thing,' Chaney said. While the new numbers provided by Aaron show the golf tournament garnered more donations than originally reported, it still wouldn't help the bottom line, according to the IRS. Rather, the additional expenses Aaron flagged would mean the event lost even more than the foundation's 990 tax form shows, a total of $73,000. Chaney said she hasn't seen many successful charity-run golf tournaments. 'For organizations that use golf tournaments as their primary means of raising funds, it sometimes appears that charities are using them more to subsidize their board members' golf hobbies than as an efficient means of raising donations to support their charity's mission,' she said. The foundation's tax return was prepared by Carroll & Company, the same Tallahassee accounting firm that handled the books for the political action committee Keep Florida, the one set up by Uthmeier that got money from Hope Florida. It also did accounting for DeSantis' Florida Freedom Fund, another political committee set up to combat the marijuana legalization initiative as well as a ballot amendment to overturn a six-week abortion ban and expand women's reproductive rights. Kelly Kundinger, currently a senior advisor to Sen. Ashley Moody, was the chief operating officer for the Florida Freedom Fund and responsible for the golf tournament's billing. She did not return an email seeking comment. 'At its most basic, the accounting of the event should match the 990,' said Glen Casel, a former Central Florida nonprofit executive with 30-plus years of experience, who called the addition of hundreds of thousands of dollars 'alarming.' 'It is not normal to have hundreds of thousands of dollars in corrections,' he said. Among the donors to the golf tournament was Centene Corp., the state's largest Medicaid managed care provider, which has played a notable role in the Hope Florida foundation controversy. It was Centene that made the legal settlement with the state, totaling $67 million, that spun off the $10 million the Hope Florida Foundation channeled to two political nonprofits aligned with efforts to defeat the marijuana initiative. Centene gave the golf tournament $100,000 more than was reported to the IRS, according to Aaron's list of donors.
Yahoo
5 hours ago
- Yahoo
IRS extends tax filing deadline for March wildfire victims
WASHINGTON, D.C. (KFOR) – The Internal Revenue Service (IRS) announced on Monday tax relief for Oklahomans affected by March wildfires and straight-line winds. IRS officials say, taxpayers have until November 3, 2025 to file tax returns and make tax payments. Additionally, Federal Emergency Management Agency (FEMA), announced individuals and households that reside or have a business in Cleveland, Creek, Lincoln, Oklahoma, Pawnee, and Payne counties qualify for tax relief. Free Summer Concert Series kicks off at The Chisholm June 19 According to IRS, the emergency declaration permits the IRS to postpone certain tax-filing and tax-payment deadlines in the disaster areas. The Nov. 3, 2025, deadline also applies to affected businesses: Quarterly payroll and excise tax returns normally due on April 30, July 31, and Oct. 31, 2025. Calendar-year partnership and S corporation returns normally due on March 17, 2025. Calendar-year corporation and fiduciary returns and payments normally due on April 15, 2025. Calendar-year tax-exempt organization returns normally due on May 15, 2025. A view a current list of eligible localities click here. Taxpayers who reside or have a business located outside the covered disaster area should contact 866-562-5227 for tax relief. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
