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April 4, 2024

Cleveland Business News

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RTA scores $700k federal grant to plan bus rapid transit line between Cleveland, Fairview Park, North Olmsted

An important federal grant adds momentum to a new regional vision for transit-oriented development.

By Steven Litt, cleveland.com

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Fair-lending advocate, KeyBank announce plans to rekindle relationship

A fair-lending advocacy group and KeyBank announced Wednesday that they will start working together again — two years after the nonprofit cut ties with the bank.

By Sean McDonnell, cleveland.com

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Sen. Sherrod Brown asks Biden to examine Nippon Steel’s ties to China in effort to thwart U.S. Steel purchase

The report describes Nippon Steel as “fundamentally intertwined with China’s steel industry, ” says it has ties to China’s military and prioritizes the Chinese steel market.

By Sabrina Eaton, cleveland.com

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Baldwin Wallace alumnus, now a footwear executive, to speak at school’s May 4 commencement

Glenn Barrett, the CEO of Ortholite Inc., will address 615 undergraduate and graduate students at the school’s May 4 commencement.

By Laura Hancock, cleveland.com

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Fin Feather Fur Outfitters buys an Ohio bike company

Fin Feather Fur acquired the Ashland Bike Company, which would expand both businesses, according to a news release.

By Megan Sims, cleveland.com

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Business

Major grocer to shutter stores during solar eclipse so employees can see spectacle

Wegmans Food Markets plans to close dozens of its stores for half an hour on Monday, April 8, to allow employees in Pennsylvania and New York to view the solar eclipse.

By Robert Higgs, cleveland.com

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