It’s time to go On the Money with Chris DeSimio and John Bowling, retired founder of Bowling Portfolio Management and former longtime Cincinnati resident, to gain his perspective on the recent happenings on Wall Street and how that’s affecting your investments

The Week in Review with Jay Hanselman

This just released from Procter and Gamble:

Procter & Gamble (NYSE:PG) announced today that Alan George "A.G." Lafley has rejoined the Company as President and Chief Executive Officer, effective immediately. He has also been elected to the Board of Directors and will serve as its Chairman. Mr. Lafley joined Procter & Gamble in 1977 and served as President and Chief Executive Officer from 2000 to 2009. He succeeds Robert A. “Bob” McDonald, who is retiring from the Company on June 30, 2013, after 33 years of service.

Hamilton County Commissioners Chris Monzel and Greg Hartmann are calling on the Ohio Kentucky Indiana Regional Council of Governments (OKI) to pull promised dollars from the Cincinnati Streetcar project.

In a letter, the pair say that because of "significant cost overruns" they believe OKI's $4 million could be better spent elsewhere. They also request alternative options for the money's use be brought before the OKI executive council.

They write:

While the employment outlook for new college graduates is more encouraging than it has been the last two years, a survey released last month by the National Association of Colleges and Employers showed the job market still remains flat for recent grads.

Join us Thursday morning May 30, as we look at the challenges local graduates face in finding a good job. Impact Cincinnati, on 91.7, WVXU. If you have questions for our guests, you can email them to impact@wvxu.org. We’re also on Facebook and Twitter. 

Hamilton County Commissioners are ordering the Metropolitan Sewer District (MSD) to suspend work until the City of Cincinnati changes a new hiring policy.

The County owns MSD but it's operated by the city.

On Wednesday, commissioners passed a resolution stopping work on all projects affected by the city's policy. The county argues the policy, which requires an apprenticeship program, unfairly excludes many non-union companies from bidding for construction jobs.