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November 12, 2021

Cleveland Business News

Subscriber Exclusive

What do you get for $1,500 to $4,000 for a new apartment in Tremont? Lots of amenities and a fully rented building

Cleveland developer Jesse Grant believes his Electric Gardens apartment building shows there is a growing market for pricier apartments in Cleveland.

By Eric Heisig, cleveland.com

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Business

Tenneco closing plant in southwest Ohio, affecting hundreds of jobs

A Tenneco spokesman says it no longer makes business sense to keep operating the plant in Kettering, Ohio.

By Cliff Pinckard, cleveland.com

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Subscriber Exclusive

Ohio officials, Cleveland Clinic detail how $265M in state money will be used for ‘Innovation District’

On the heels a largely news-less event earlier this week, Ohio officials detailed how the money will be allocated to the city’s three largest hospitals and two universities. About three-quarters of it will go to the Cleveland Clinic.

By Eric Heisig, cleveland.com

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News

Just how early has Black Friday been moved up and why?

Retailers already started “Black Friday” sales well before the traditional shopping day. Walmart and Amazon started “Black Friday” deals a few weeks ago. Target, Best Buy, Macy’s, Old Navy and others aren’t waiting for Nov. 26. either. This is despite some stores closing Thanksgiving day.

By Sean McDonnell, cleveland.com

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Community News

Orange council extends TIF agreement for Pinecrest another 30 years

Orange Village Council has taken advantage of a one-year window to extend the village's tax increment financing agreement for Pinecrest -- in a modified version -- for an additional 30 years.

By Ed Wittenberg, special to cleveland.com

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News

Lordstown Motors expects to sell trucks in Q3 of 2022; cites supply-chain issues for short delay

Lordstown Motors plans to build 100 test vehicles by the end of the year.

By Sean McDonnell, cleveland.com

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