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U.S. unemployment rate slides to 8.3% in January
The economy added 243,000 jobs last month, beating analysts' estimates by a healthy margin.
February 3, 2012, 8:58 am
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Cleveland International Film Festival to open with film by Cleveland native
John Chuldenko's 'Nesting' will lead off the festival come March 22.
February 3, 2012, 5:00 am
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CBiz Small Business Employment Index declines 2.75% in January
The barometer of hiring trends among smaller companies was not as buoyant as U.S. job numbers last month.
February 3, 2012, 10:21 am
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Riverside Co. acquires YourMembership.com Inc.
The private equity firm also plans to merge three of its companiese into an ethics and compliance firm.
February 3, 2012, 4:30 am
» Riverside Co. acquires Arkansas-based EagleOne Logistics
» Riverside Co. buys Portugal's Newvision as add-on acquisition
» Riverside Co. buys Chicago's HR Solutions International Inc.
» Riverside acquires Vermont-based provider of online marketing tools for CPA firms
» The Riverside Co. exits investment in Media Source Inc.
» Riverside Co. acquires Germany's Keymile-Group
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Forest City Enterprises Inc. plans to sell off large portions of its land business
The big developer said it expects a pre-tax impairment charge of up to $160 million in the quarter as a result of the decision.
February 2, 2012, 4:00 pm
» Ritz-Carlton Cleveland to change hands in $36.5 million deal
» Forest City Enterprises reports smaller third-quarter loss than year earlier
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University of Akron hires Jim Tressel as VP of strategic engagement
Still to be determined are what all the job duties will be of the former Ohio State head football coach.
February 2, 2012, 11:39 am
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Weber Technologies Inc. in Eastlake acquired by Enginetics Aerospace
The deal combines two companies that provide metalworking services to the aerospace industry.
February 2, 2012, 11:28 am
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OnShift Inc. secures $3 million in financing to bolster its sales and marketing efforts
The company is a provider of staff scheduling and shift management software for the health care field.
February 2, 2012, 11:00 am
» OnShift Inc. secures another $2.3 million in venture investments
» OnShift system takes on scheduling troubles
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EARNINGS
Invacare Corp. reports large fourth-quarter loss vs. year-ago profit
The loss included significant asset writedowns and a charge related to restructuring its operations.
February 2, 2012, 8:46 am
» Invacare Corp. names senior VP of quality assurance and regulatory affairs
» Invacare Corp. to enter consent decree talks with Food and Drug Administration
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In case you missed 'em, here were January's favorite stories at CrainsCleveland.com
Mark Nolan's exit from WKYC-TV and Toni Grossi's removal from the Browns beat top the list.
February 2, 2012, 9:16 am
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Legacy Village adds two retailers, and soon will add a couple more
The latest tenants include home furnishing retailers and a Vietnamese restaurant.
February 2, 2012, 9:26 am
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DDR Corp. program looks to aid entrepreneurs through use of its vacant space
DDR said qualified entrepreneurs participating in its Set Up Shop program will receive flexible lease terms 'designed to limit some of the barriers associated with starting a business.'
February 2, 2012, 9:03 am
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Jones Day opens third office in Germany
The office is in Dusseldorf, home of an important patent infringement court.
February 2, 2012, 1:06 pm
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FitzGerald plan emphasizes collaboration, efficiency
The Cuyahoga County executive unveiled a plan during his second State of the County address that he believes will revolutionize the way government services are provided in the county.
February 1, 2012, 3:06 pm
» Cuyahoga County exec FitzGerald looks to lead consolidation of gov't services
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American Greetings announces 'less than 30' layoffs
The company, which saw its stock price plummet recently due to mediocre quarterly results, laid off the employees today, according to a company spokeswoman.
February 1, 2012, 1:39 pm
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Applied Industrial Technologies buys two Quebec-based distributors
The Cleveland-based distributor of industrial parts and products said the acquired businesses are Solutions Industrielles Chicoutimi and Spécialités Industrielles Harvey.
February 1, 2012, 9:38 am
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University of Akron launches $150,000 marketing campaign
It includes three new TV ads, one of which will air in Northeast Ohio during the Super Bowl.
February 1, 2012, 10:04 am
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Athersys secures $3.6 million in grants to advance MultiStem
The Cleveland adult stem cell therapy developer 's CEO said the grant awards will support further development of MultiStem in specific therapeutic areas, as well as enhance the company's manufacturing platform.
February 1, 2012, 8:56 am
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Parker Hannifin acquires railroad filtration business in Canada
The business had sales of about $22 million in 2011. It has 90 employees and operations and sales in Canada, Mexico and India, and a sales presence in the United States and Australia.
February 1, 2012, 9:07 am
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For-profit South University set to open in Warrensville Heights
Classes at the college are expected to begin April 7.
February 1, 2012, 2:42 pm
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Cuyahoga County exec FitzGerald looks to lead consolidation of gov't services
Under his plan, the county would become a central provider of services that cities could tap into on a contract basis.
February 1, 2012, 4:30 am
» FitzGerald plan emphasizes collaboration, efficiency
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Venture capital investments in Midwest health care companies rose in 2011 vs. 2010
However, investments in the region still were down from their pre-recession peak in 2007.
January 31, 2012, 4:30 am
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Newell Rubbermaid to add jobs, invest $25 million at Mogadore plant
A state tax credit helped Ohio beat out Kansas for the project.
January 31, 2012, 4:30 am
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Blue Spark Technologies opens printed batteries plant in Wisconsin
The estimated capacity of the plant is put at upwards of 300 million batteries a year.
January 31, 2012, 2:13 pm
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Cleveland Clinic names Euclid Hospital head as president of Marymount Hospital
Joanne Zeroske has more than 30 years of experience as a nurse with the Clinic.
January 31, 2012, 3:13 pm
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A. Schulman Inc. to acquire Elian SAS of France for $63 milion
Its CEO said the deal will give A. Schulman the No. 3 position in France's color masterbatch market.
January 31, 2012, 10:25 am
» A. Schulman Inc. names chief marketing officer
» A. Schulman Inc. reports higher first-quarter earnings
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DDR Corp. secures $353 million in new long-term debt
The new debt will help the company consolidate existing debt that matures this year.
January 31, 2012, 9:58 am
» DDR Corp., Blackstone team on $1.4B deal for 46 shopping centers
» DDR Corp. names former Ulmer & Berne partner to key post
» DDR Corp., Glimcher Realty Trust complete shopping center swap
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American Greetings part of group working to reduce phony email threat
A cluster of companies wants to develop standards for reducing acts of fraud such as phishing.
January 30, 2012, 1:27 pm
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Kasich team renews push to collect muni taxes
After lying low since the fall, the Kasich administration intends to renew its push to streamline municipal income tax filing for businesses across Ohio by bringing the collection of municipal taxes under state control.
January 30, 2012, 4:30 am
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New state Medicaid plan based on quality
Gov. John Kasich's administration quietly is laying the groundwork for a Medicaid program that pays doctors for providing good care rather than lots of care.
January 30, 2012, 4:30 am
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A healthier Key keys on go-to markets
Though acquisitions like the one KeyCorp announced this month are only one lever the bank will use to achieve growth, Bill Koehler, Key's No.
January 30, 2012, 4:30 am
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Medical biller gets paid by making 'em pay
Brecksville-based MedData Inc. has gotten people, insurance companies and government programs to pay doctors for their efforts. Indeed, the company claims its services will boost a physician group's revenue by 10% to 15%.
January 30, 2012, 4:30 am
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Dawson Cos. interrupts acquisitions just long enough to be bought
Last July, following his firm's 12th acquisition or mer-ger since 2001, D. Michael Sherman wasn't shy about stating his intention to keep buying businesses.
January 30, 2012, 4:30 am
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Green Rock Lighting sees a bright future in LEDs
Tina Haddad is investing in new equipment, hiring engineers and making space to produce what by this time next year could be her biggest product -- LED lights, manufactured through Green Rock Lighting.
January 30, 2012, 4:30 am
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Crain's editorial: Get to it
Republicans in Columbus have a big piece of unfinished business they must attend to in the weeks ahead.
January 30, 2012, 4:30 am
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Crain's editorial cartoon: Jan. 30, 2012
View the latest by cartoonist Rich Williams.
January 30, 2012, 4:30 am
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Manufacturing requires fresh approach
As someone who makes his living writing about manufacturing, I'm happy to hear it get positive play in any president's State of the Union speech. But I worry we're losing touch with how manufacturing works and what it needs.
January 30, 2012, 4:30 am
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State commits error in clean energy game
As reported in a recent Crain's Cleveland Business story, the Lake Erie Energy Development Corp.
January 30, 2012, 4:30 am
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The Big Issue: Jan. 30, 2012
Each pack of cigarettes sold in Cuyahoga County carries a 30-cent excise tax to support local arts organizations. Should voters support a renewal of the tax if it is on the ballot in 2015?
January 30, 2012, 4:30 am
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Golfsmith to open store at Harvard Park shopping center in Warrensville Heights
It will be the big golf retailer's first Cleveland-area store.
January 27, 2012, 1:36 pm
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EARNINGS
Timken Co. reports higher fourth-quarter earnings, expects improved 2012 results
Its CEO said the results 'tell the story of a transformed Timken Co.'
January 27, 2012, 8:49 am
» Union members reject Timken labor deal, could stall Canton investment
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J.M. Smucker Co. hikes stock buyback authorization by 5 million shares
It has about 2 million shares remaining for repurchase under a previous authorization.
January 27, 2012, 9:37 am
» J.M. Smucker Co. to acquire various Sara Lee coffee assets for $400 million
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EARNINGS
Omnova Solutions posts fourth-quarter loss vs. year-ago profit
However, its income from continuing operations before taxes improved.
January 27, 2012, 9:18 am
» Omnova Solutions to exit N. American commercial wallcovering business
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ContainerPort Group plans 'mega' multipurpose terminal in Columbus
The new terminal will allow for the consolidation of various operations.
January 27, 2012, 1:59 pm
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Parker Hannifin Corp. raises quarterly dividend 5%
Its CFO said the increase reflects 'the board's confidence in our financial strength and our continued ability to generate strong cash flows.'
January 27, 2012, 4:30 am
» Parker Hannifin posts higher second-quarter earnings, but lowers full-year guidance
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