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January 26, 2024
Cleveland Business News
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Last year’s SVB, Signature Bank failures are now costing Ohio banks hundreds of million of dollars
Ohio’s biggest banks are footing their part of the multi-billion-dollar bill after the failure of SVB and Signature Bank
By Sean McDonnell, cleveland.com
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Business
McDonald’s spinoff CosMc’s jammed with customers, despite horrendous wait times
A market researcher estimates that CosMc's one location near Chicago drew about double the number of customers a typical McDonald's pulled in for December, even with a much smaller restaurant and drive-through service only.
By Robert Higgs, cleveland.com
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News
Boycotting student loans: 1 in 10 borrowers refusing payments, report says
About one in 10 federal student loan borrowers are boycotting payments in an effort to pressure the federal government into student loan debt cancellation, according to a report from Intelligent.com.
By Zach Mentz, cleveland.com
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How close did Cleveland-Cliffs come to buying U.S. Steel? New documents offer clues
Documents released Wednesday detail the bidding war for U.S. Steel, naming Cleveland-Cliffs
By Sean McDonnell, cleveland.com
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Us News
First new Forever Stamp released since postage rates increased; How to order Lunar New Year stamps
The U.S. Postal Service on Thursday released a new stamp, Lunar New Year, Year of the Dragon, its first new Forever Stamp since postage rates increased.
By Robert Higgs, cleveland.com
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Real Estate News
St. Ignatius receives $10 million donation; set to begin construction of new academic building
Work is getting under way on a $30 million renovation at St. Ignatius High School in Cleveland
By Megan Sims, cleveland.com
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