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October 6, 2022

Cleveland Business News
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Business
Gas prices could rise after OPEC+ announces cut in oil production
The OPEC+ decision could help member Russia weather a looming European ban on most of Moscow’s oil, but its impact will have some limitations because countries in the alliance already can’t meet their quotas.
By Associated Press
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Sportsbooks at JACK Cleveland Casino and Thistledown Racino prep for late-November openings (photo gallery)
Legal sports betting is less than three months away, but sportsbooks lounges at the JACK Casino and JACK Thistledown are to open early, without betting.
By Sean McDonnell, cleveland.com
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Business
Woodmere Target will open on Nov. 6
A new Target will open in Cleveland’s eastern suburbs on Nov. 6, replacing a Whole Foods that shuttered in 2018.
By Sean McDonnell, cleveland.com
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Business
Canton’s football Hall of Fame Resort & Entertainment lines up more financing
Two subsidiaries of Hall of Fame Resort & Entertainment Co. have agreed to borrow up to $28.2 million
By Mary Vanac
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Business
Greater Cleveland vehicle sales down 21% so far in 2022
Nine months in 2022, Greater Cleveland’s car dealerships are having one of the worst years for sales in recent memory.
By Sean McDonnell, cleveland.com
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Business
US job openings sink as economy slows, cost to borrow rises
The government jobs report released Tuesday also showed that layoffs remained historically low
By Associated Press
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