Top News & Analysis Cleveland


  • March 20- The Sherwin-Williams Co has agreed to acquire rival U.S. paint company Valspar Corp, the companies said on Sunday, in an all-cash deal valued at about $8.9 billion. Valspar shares closed at $83.83 on Friday on the New York Stock Exchange, and Sherwin-Williams ended at $288.69. Sherwin-Williams and Valspar said they have highly complementary products,...

  • March 20- The Sherwin-Williams Co, a U.S. paint company, said on Sunday it agreed to acquire Valspar Corp for about $11.3 billion, or $113 per share, in an all-cash transaction. The transaction also accelerates Sherwin-Williams' growth strategy by expanding in the Asia-Pacific region, Europe, the Middle East and Africa, and also adds new capabilities in the...

  • NEW YORK, March 19- The $115 million a Florida jury awarded to Hulk Hogan on Friday may seem like a big blow to the website Gawker, but the media company could ultimately prevail in its court battle with the flamboyant wrejudicstler, legal experts say. "The jury's decision is somewhat of a black box," said Mary-Rose Papandrea, a University of North Carolina law...

  • WASHINGTON, March 11- The U.S. Transportation Department and NXP Semiconductors NV are joining forces in a pilot project to use communication technology to reduce congestion and speed traffic, they said on Friday. Transportation Secretary Anthony Foxx on Saturday will announce the five finalist cities in Austin. Nearly 80 U.S. cities applied, including...

  • Profits topped $100,000 in expensive markets such as New York and Los Angeles. "When home flipping numbers go up, it is usually an indication that the housing market is in trouble," said Matthew Gardner, chief economist at Windermere Real Estate, who was quoted in the report. Home flipping was above 2005 levels in Buffalo, New York; Birmingham, Alabama; Cleveland, and...

  • WASHINGTON, March 2- U.S. economic activity continued to expand in most districts from early January to late February but conditions varied considerably across regions and within sectors, the Federal Reserve said on Wednesday. The decidedly mixed picture illustrates the headache Fed policymakers face when they next meet to decide the path of interest rates...

  • The home Tim and Sharla purchased in the Glenview neighborhood of Cleveland.

    Cleveland-based Evergreen Cooperative offers people a path to homeownership. Here's how it works.

  • Feb 22- When Sheikh Ali Khalifa al-Sabah of Kuwait thinks about today's plunging oil prices, his mind drifts back to the mid-1980s, when he was forced to sell some of his country's crude for as little as $5 a barrel. As Kuwait's oil minister at the time, Sheikh Ali had to sell a cargo or two at that price just to keep up cash flow to a country that depended upon oil revenues.

  • WASHINGTON, Feb 13- In almost 30 years on the bench of the U.S. Supreme Court Justice Antonin Scalia was strident, colorful, and most of all, conservative. That made him an unlikely buddy for fellow justice Ruth Bader Ginsburg. Scalia, who died at age 79, was appointed to the high court by President Ronald Reagan in 1986 and built a reputation as one of the nation's most...

  • Feb 12- Now markets have delivered their verdict on inflation- it's not picking up any time soon- economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world's major economies. Sweden's Riksbank also slashed its repo rate to -0.50 percent on Thursday, partly as insurance against expectations that...

  • NEW YORK, Feb 10- New York Governor Andrew Cuomo on Wednesday urged federal regulators to block KeyCorp's plan to acquire First Niagara Financial Group Inc, saying the merger would impede retail banking competition and cost thousands of jobs upstate. The request, unusual for a sitting governor, came 3-1/ 2 months after Cleveland- based KeyCorp announced plans to...

  • Chef Zack Bruell at the Alley Cat restaurant, one of ten he owns in Cleveland.

    Retail used to be a driver of downtown real estate, but restaurants and hot chefs are the new development magnets, especially for millennials.

  • Driveway at suburban home

    Coldwell Banker Real Estate has a new report out on the most and least expensive housing markets in the U.S. Check out the price divide.

  • LeBron James

    Basketball star LeBron James is swapping French Fries for pizza.

  • The Cleveland Clinic

    McDonald's is getting the boot from the Cleveland Clinic food court even as other fast food chains remain.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.