July 8, 2022

Cleveland Business News

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Where can companies build in Northeast Ohio? Team NEO is looking for future sites

Team NEO, Greater Cleveland’s JobsOhio partner, is looking for someone who can help find six to ten large sites that could house new or expanding companies in Cuyahoga and Summit counties.

By Sean McDonnell, cleveland.com

Beach Club Bistro owner on closing: Covid ‘put the final nail in the coffin’

Greg Jurcisin of Beach Club Bistro talks about what led to the closing of his restaurant after two decades of operation.

By Marc Bona, cleveland.com

Mortgage rates drop amid ‘concerns about a potential recession’

The average 30-year mortgage rate dropped by close to half a percentage point in a week, which an economist is attributing to fears of a possible recession.

By Sean McDonnell, cleveland.com

President Biden talks worker pensions, slams Republicans during Cleveland visit: Capitol Letter

President Joe Biden visited Cleveland on Wednesday and discussed federal action to shore up pension funding for millions of workers.

By Laura Hancock, cleveland.com

U.S. jobless claims rise to 235k, most in nearly six months

Applications for jobless aid for the week ending July 2 rose to 235,000, up 4,000 from the previous week and the most since mid-January

By Associated Press

Ohio’s gambling revenue down for third month in a row

Gambling revenue in Ohio is down for the third month in a row, signaling that the record pace for casinos and racinos could be over.

By Sean McDonnell, cleveland.com

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