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June 27, 2023

Cleveland Business News

News

Lordstown Motors files for Chapter 11 bankruptcy protection

Electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.

By Associated Press

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Former top official at Geis Cos. sentenced for embezzling, laundering $1 million from company

Former Geis Cos. official Michael Harman was sentenced to three years and seven months in prison for embezzling $1 million from the company.

By Adam Ferrise, cleveland.com

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Two Northeast Ohio companies win tax credits, plan expansions and 117 new jobs

Solar FlexRack in Highland Hills and Sweep America Intermediate Holdings in Seven Hills both won tax credits from the state.

By Sean McDonnell, cleveland.com

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Despite Ohio adding 850,000 jobs since COVID-19, job growth slow in education, retail and restaurants

There are more jobs in Ohio today than there were before the COVID-19 pandemic. But while the state has added more than 850,000 jobs since April 2020, some industries are still far from recovery.

By Sean McDonnell, cleveland.com

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More than 7 million Baby Shark bath toys recalled due to potential impalement, injury to children

More than 7 million Baby Shark Sing & Swim and Baby Shark Swimming bath toys have been recalled due to potential impalement, punctures or lacerations to children, the U.S. Consumer Product Safety Commission announced.

By Zach Mentz, cleveland.com

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Top Workplaces

Home Instead CLE wins 3rd place Midsize category: Top Workplaces 2023

Home Instead CLE is 3rd-place winner, Midsize-business category: Top Workplaces 2023.

By Yadi Rodriguez, cleveland.com

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