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November 3, 2023

Cleveland Business News

Sports

Commanders owner Josh Harris speaks out about his plans after three months in charge

New Washington Commanders owner Josh Harris discusses the highs and lows of his early tenure, including a big spike in attendance.

By Sports Business Journal

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Business

Toyota issues recall for nearly 1.9M vehicles over fire risk

Toyota announced Wednesday it was recalling nearly 1.9 million RAV4 vehicles made between 2013 and 2018 over concerns they could catch fire.

By Robert Higgs, cleveland.com

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Business

Pop-up vendor market and recruiting small businesses part of Downtown Cleveland Inc.’s new plan

Following a commissioned study, Downtown Cleveland, Inc., has put together a 'Downtown Retail Strategy' to attract and retain businesses Downtown.

By Megan Sims, cleveland.com

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News

FTX founder Sam-Bankman-Fried convicted for fraud against cryptocurrency customers

Jurors rejected his claim that he never meant to cheat customers before FTX, once the world’s second-largest crypto exchange, collapsed into bankruptcy a year ago.

By The Associated Press

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Courts And Justice

‘Pure avarice’: Businessman gets 8 years in prison for $180 million bank fraud that hit Cleveland’s KeyBank

Najeeb Khan, who orchestrated one of the largest and longest running check-kiting scheme in U.S. history and used the money to amass one of the best private car collections in the world, was sentenced to eight years in prison.

By Adam Ferrise, cleveland.com

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Real Estate News

Nautica Entertainment seeks to demolish old industrial buildings to make way for indoor concert venue

The company behind Jacob’s Pavilion is seeking approval for an indoor concert venue nearby in the West Bank of Cleveland's Flats

By Megan Sims, cleveland.com

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