Top News & Analysis Cleveland


  • 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...

  • Is hospital making McDonald's a scapegoat? Thursday, 20 Aug 2015 | 4:34 PM ET
    The Cleveland Clinic

    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...

  • How technology can speed up whiskey production Thursday, 6 Aug 2015 | 7:00 AM ET
    Spirits distilled by Cleveland Whiskey, a small business that uses pressure aging technology to produce its batches in a fraction of the time required by distillers using traditional methods.

    One Cleveland-based small business is using technology to boost worldwide whiskey production, addressing fears of a whiskey shortage.

  • Why LeBron James is about to get a lot richer Tuesday, 30 Jun 2015 | 1:54 PM ET
    Cleveland Cavaliers’ LeBron James (23) drives against Golden State Warriors’ Andre Iguodala (9) in the second quarter of Game Six of the 2015 NBA Finals in Cleveland, June 16, 2015.

    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 blowing up on YouTube Friday, 12 Jun 2015 | 11:30 AM ET
    LeBron James of the Cleveland Cavaliers drives against Klay Thompson of the Golden State Warriors during Game 3 of the 2015 NBA Finals on June 9, 2015, in Cleveland.

    The NBA Finals are bringing record numbers to the NBA's official YouTube account, according to data from Pixability.

  • The 'LeBron Effect' turns out to mean real dollars Monday, 1 Jun 2015 | 11:41 AM ET
    LeBron James drives against DeMarre Carroll of the Atlanta Hawks

    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.

  • Big matchups mean big ticket money for NHL, NBA Saturday, 30 May 2015 | 2:00 PM ET
    eBron James #23 of the Eastern Conference in action against James Harden #13 and Stephen Curry #30 of the Western Conference during the 2015 NBA All-Star Game at Madison Square Garden on February 15, 2015 in New York City.

    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.

  • Power House: Cleveland Thursday, 28 May 2015 | 3:00 PM ET
    Power House: Cleveland

    CNBC's Power Lunch takes a look at Cleveland real estate with Progressive Urban Real Estate broker, Michele Anderson.

  • Cleveland home prices soar as foreclosures clear Thursday, 28 May 2015 | 1:14 PM ET

    Cleveland is becoming less affordable for housing, thanks to a big drop in for-sale listings.

  • Your team got Mariota! What will tickets be now? Thursday, 30 Apr 2015 | 3:21 PM ET
    Oregon quarterback Marcus Mariota throws a football during the 2015 NFL Scouting Combine in Indianapolis, Feb. 21, 2015.

    Some NFL teams see their ticket prices jump after scoring big in the annual draft, and some don't.

  • Audit the Fed misguided: Cleveland Fed Pres. Thursday, 26 Feb 2015 | 2:15 PM ET
    Audit the Fed misguided: Cleveland Fed Pres.

    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.

  • Road salt: The winter's $2.3 billion game changer Wednesday, 18 Feb 2015 | 1:49 PM ET
    A garbage truck which slid off a road in Gorham, Maine.

    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.

  • Icy storm encases central US, heads for DC Monday, 16 Feb 2015 | 12:45 PM ET
    The latest trend in Boston: Shoveling or raking the snow  on the roof so it doesn’t cave in.

    Record-breaking cold gripped the Eastern United States on Monday as an icy winter storm crippled the nation's central states.

  • The 'LeBron Effect' ignites ticket prices for Cavs Friday, 6 Feb 2015 | 11:11 AM ET
    LeBron James #23 of the Cleveland Cavaliers drives to the basket in Rio de Janeiro, Brazil.

    Lebron James has finally hit his stride in Cleveland, and for fans that’s translating into higher ticket prices.

  • KeyCorp tops Street 4Q forecasts Thursday, 22 Jan 2015 | 11:48 AM ET
    Beth Mooney, Chairman and CEO of KeyCorp

    KeyCorp on Thursday reported fourth-quarter net income of $248 million.