SEC files lawsuit against Elon Musk over delayed disclosure of Twitter stock ownership

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January 15, 2025

Cleveland Business News

SEC files lawsuit against Elon Musk over delayed disclosure of Twitter stock ownership

Billionaire allegedly avoided $150 million in costs by failing to report 5%-plus stake in March 2022.

By Associated Press

Subscriber Exclusive

Indiana company sues Cleveland coffee shop after online video about homeless went viral

An Indiana coffee roasting company has sued a Cleveland coffee shop over accusations of trademark infringement after a video went viral online.

By Adam Ferrise, cleveland.com

Retail giant to close 27 stores in 15 states, including Ohio: See list

Department store chain Kohl's will close 27 "underperforming" store locations across 15 states, including two in Ohio, by April, the company announced.

By Zach Mentz, cleveland.com

‘Rubber Capital of the World’: $3M federal grant to support jobs pipeline for Akron polymer industry

Akron's chamber of commerce has secured a $3 million federal grant to fund a workforce training program aimed at ensuring Northeast Ohio remains a global leader in the polymer industry.

By Sabrina Eaton, cleveland.com

Real Estate News

Opendoor: This Northeast Ohio ZIP code is a top 10 ‘hidden gem’

Opendoor's annual study highlighted Wickliffe as one of the top hidden gems in the U.S.

By Megan Sims, cleveland.com

A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden

The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.

By Associated Press

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