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June 21, 2024

Cleveland Business News

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The former Regional Council of Carpenters building to go up for demolition

The former Regional Council of Carpenters building could soon be demolished.

By Megan Sims, cleveland.com

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Former Ben Venue labs in Bedford sold again, leading to more than 200 layoffs

Xellia Pharmaceuticals has sold it's U.S. operations, which will led to a mass layoff at its Bedford facility.

By Sean McDonnell, cleveland.com

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Recreational marijuana: New policy for Ohio’s 48,000 state employees allows roughly half to use off the clock

The state is one of numerous employers throughout Ohio looking at policies in their employee handbooks since the election last November.

By Laura Hancock, cleveland.com

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Amazon making major change to how they package your orders

E-commerce giant Amazon on Thursday announced it has removed 95% of plastic air pillows used for packaging in North America, with the goal of completely eliminating air pillows in packaging by the end of 2024.

By Zach Mentz, cleveland.com

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Ohio Congress members roll out bill to boost tire retreading

“This tax credit will make it more affordable for American consumers, truckers, and businesses to buy American retreaded tires, and allow Ohio companies and workers to better compete with shoddy imports from China,” said a statement from Sen. Sherrod Brown.

By Sabrina Eaton, cleveland.com

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Supreme Court upholds a tax on foreign income over a challenge backed by business interests

Supreme Court justices, by a 7-2 vote, left in place a provision of a 2017 tax law that is expected to generate $340 billion, mainly from the foreign subsidiaries of domestic corporations that parked money abroad to shield it from U.S. taxes.

By Associated Press

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