Crain's Cleveland Business

After outperforming both the S&P 500 and Russell 3000 in the third quarter of 2024, Cerity Partners' Cleveland Index — a portfolio comprising the 33 largest public companies -- Q4 update showed many large, local public companies experienced significant downturns in the market.

Joann Inc. said that it expects to lay off 661 employees tied to its corporate headquarters in Hudson if the company is unable to find a buyer to save it from liquidation.

Inequities in Ohio’s schools are about more than a bottom line on a budget. They’re about opportunities lost, futures diminished.

Although sales for sit-down restaurants across the industry have been decent, Laurie Torres, owner of downtown Cleveland’s Mallorca, said the “holidays were very disappointing” for several operators. It's a confounding trend that underscores what’s become a progressively unpredictable business.

Goodyear aims to sell its chemical unit, which has significant operations in Northeast Ohio as well as in Texas.

Sysco’s Cleveland food, distribution and restaurant supplies center sold for $44.3 million, but the company is not going anywhere.

The City of Cleveland's lawsuit against the Browns is the latest volley in an ongoing drama.

Communicating through public relations agency Walker Sands, Hyland officials said that the company laid off a small portion of its staff with the beginning of the year.

"Downtown Cleveland offers unique advantages that Brook Park cannot match. Our urban core's blend of office spaces, residential developments, and cultural venues creates an ecosystem that attracts businesses, residents, and visitors," writes Michael Deemer and Karen Fanger.

Cleveland-Cliffs offered a solution to preserving U.S. Steel that would involve Cliffs' extensive steel operations becoming part of U.S. Steel, while the company's mining operations remain under the Cliffs name.