New York Governor Andrew Cuomo urged federal regulators to block KeyCorp's plan to acquire First Niagara Financial Group.» Read More
DETROIT/ CHICAGO, Oct 2- Mounting discontent among the United Auto Workers rank and file will complicate its leaders' bid to recover from the defeat of a proposed labor agreement with No. 3 U.S. automaker Fiat Chrysler Automobiles NV, UAW members said Friday. UAW President Dennis Williams and its vice president for Fiat Chrysler, Norwood Jewell, told local union...
Oct 2- Now that the U.S. Federal Reserve has held back again on interest rates, advisers are taking advantage of attractive financing options before that window begins to close. But unprecedented transparency by the central bank about its goals and rate expectations means that advisers are in a unique position to plan borrowing strategies, said Chris Bilton, a...
Last Tuesday, when the California firm Morris Polich& Purdy filed the initial motion to consolidate litigation by VW owners who claim they were tricked by the automaker's "clean diesel" claims, its brief cited "at least 20 actions" in seven jurisdictions. As of Wednesday, VW and Audi owners whose vehicles have been tainted by the emissions scandal have filed class...
WASHINGTON, Sept 24- A federal court in Ohio refused on Thursday to stop a $1.9 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc, despite the objections of U.S. antitrust enforcers. Steris' share price rose on the decision. The FTC said the deal would hurt customers of the two companies by...
WASHINGTON, Aug 25- Five Federal Reserve banks renewed their calls in July for the central bank to raise the rate it charges commercial banks for emergency loans, minutes from the Fed's discount rate meeting last month showed. Ahead of the Fed's July 28-29 policy-setting meeting, directors of the Cleveland, Dallas, Philadelphia, Kansas City and Richmond Fed...
McDonald's is getting the boot from the Cleveland Clinic food court even as other fast food chains remain.
NEW YORK, Aug 20- Women are the breadwinners in four out of 10 American families, and nearly 95 percent of women will be their family's primary financial decision maker at some point in their lives. But with this added financial responsibility comes tremendous stress, according to a new study of breadwinning women from the Family Wealth Advisors Council, a...
One Cleveland-based small business is using technology to boost worldwide whiskey production, addressing fears of a whiskey shortage.
LeBron James and other NBA free agents are setting themselves up for big contracts when the NBA starts a lucrative TV deal next year.
The NBA Finals are bringing record numbers to the NBA's official YouTube account, according to data from Pixability.
As LeBron James and the Cleveland Cavaliers gear up for 2015 NBA Finals, the team's investment in the 11-time NBA All-Star appears to be paying off.
Hockey is vying with basketball for the attention of fans, who could be forced to cough up a pretty penny if they hope to attend the games.
CNBC's Power Lunch takes a look at Cleveland real estate with Progressive Urban Real Estate broker, Michele Anderson.
Cleveland is becoming less affordable for housing, thanks to a big drop in for-sale listings.
Some NFL teams see their ticket prices jump after scoring big in the annual draft, and some don't.
Loretta Mester, Cleveland Federal Reserve President, talks about yesterday's hearings and whether the Fed has been too politicized. She also says she believes a June rate rise should definitely be an option.
The economics surrounding a certain commodity can be a game changer for city officials in the snow belt. And it's sitting on your dinner table.
Record-breaking cold gripped the Eastern United States on Monday as an icy winter storm crippled the nation's central states.
Lebron James has finally hit his stride in Cleveland, and for fans that’s translating into higher ticket prices.
KeyCorp on Thursday reported fourth-quarter net income of $248 million.