Tuesday, April 8, 2003

Morning Memo

Top tips & news to start your business day

Today's number: 9.2% - France's jobless rate in February, as the number of unemployed climbed by 19,000 from January to 2.34 million; it was the highest jobless rate in more than two years, the Labor Ministry said.

Today's mover: Bill Johnson, president and co-owner of Robin Imaging Services, has been named president-elect of DIMA (Digital Image Marketing Association) at the Photo Marketing Association National Convention and Trade Show held in Las Vegas. Johnson has been elected to serve as president in the year 2004. As president he plans to assist members in analyzing the photographic industry, help members to market their businesses in a fast-changing environment and plan and organize future conventions.

Today's career talk: Know your market, author Edwin M. Reingold suggests in Toyota: People, Ideals and the Challenge of the New - Japanese Business the Human Face. Catering to the children of baby boomers will be the challenge for many companies and industries, the author says. "They want more money and more free time," he says. "They have an entitlement theory. Someone has to make a point of connection with those people and the products they love."

Today's money tip: A Keogh plan allows self-employed people to save up to $40,000 a year for retirement. Some contributions are deductible and earnings grow tax-free. To get the deduction, the Keogh must be set up by Dec. 31 of the tax year and contributions must be made by your annual tax filing date, which may be later than April 15 if you've been granted extensions.

Today's company: GBBN Architects

LETTERMEN IN NEW DIGS: Established in Mount Lookout in 1958, the firm took its name from the initials of its founders: John Gartner, John Burdick and Otto Bauer-Nilsen. In late 2001, the company consolidated its operations from two Cincinnati sites to a five-story structure at Eighth and Broadway, in the popular St. Xavier Park neighborhood. It established a satellite office in Lexington four years ago.

DESIGN SUCCESS: Despite a construction slowdown in the past year, GBBN posted revenues of $15 million in its FY 2002, up ten percent from the previous year. Revenues for the first half of its FY 2003 are similarly strong.

CHINESE CONNECTION: GBBN representatives just attended the ground-breaking of a 1.2 million square-foot multi-use project in Beijing, China that the firm designed.

HIGH PROFILE: GBBN has many major projects to its credit, including work on the Great American Ball Park, Newport on the Levee, the Aronoff Center, Childrens Hospital Medical Center and the recent expansion of the Cincinnati-Hamilton County Library.

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Morning Memo: Top tips & news to start your business day
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