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October 29, 2021

Cleveland Business News

Subscriber Exclusive

Downtown Cleveland is recovering well from effects of COVID, according to agency that promotes downtown Cleveland

The Downtown Cleveland Alliance, whose task is to boost the prospects of the city’s central business district, said in a report Thursday that the neighborhood is recovering well from the economic effects of the coronavirus pandemic.

By Eric Heisig, cleveland.com

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Entertainment

Facebook rebrands as Meta to emphasize ‘metaverse’ vision

Facebook the app, along with Instagram, WhatsApp and Messenger, are here to stay; the company’s corporate structure also won’t change. But on Dec. 1, its shares will start trading under a new ticker symbol, “MVRS.”

By Associated Press

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Business

Alaska Airlines announces nonstop service between Cleveland and Seattle, starting in June

Cleveland airport officials have for years been trying to land Alaska, the fifth largest airline in the United States. The carrier consistently ranks among the nation’s top airlines for customer satisfaction.

By Susan Glaser, cleveland.com

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Business

Companies with the highest CEO-to-worker-pay ratios

While many businesses have increased pay in response to the unprecedented labor market conditions, SEC filings show the pay gap between CEOs and the median employee at their businesses remains massive and continues to rise.

By Cleveland Business Journal

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News

Nexen Tire relocates U.S. HQ to Richfield

The company announced in a news release on Wednesday that it would move its headquarters from Diamond Bar, California to Richfield, where it currently has a technical center on Wheatley Road.

By Sean McDonnell, cleveland.com

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Entertainment

Get ready for holiday hosting with these Amazon deals on Shark and Ninja products for home and cooking

If you're hosting the holidays this year, here are the deals you need.

By Victoria Priola, eCommerce writer

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