GO
Loading...

Cleveland

More

  • WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

  • Ohioan charged with embezzling $2.9M from insurer Monday, 11 Aug 2014 | 12:02 PM ET

    CLEVELAND— A former longtime employee of Ohio's biggest health insurance company has been charged in federal court in Cleveland with embezzlement for diverting nearly $3 million in phony payments that he deposited into his own bank account. Joseph Satava, 69, of the Cleveland suburb of Sheffield Lake, was charged Monday.

  • Philly history may hold Democratic convention edge Monday, 11 Aug 2014 | 1:59 AM ET

    WASHINGTON— One of five cities bidding for the Democratic National Convention, Philadelphia appears to hold an early edge with a track record of hosting the major gathering— not to mention that Hillary Rodham Clinton and Vice President Joe Biden have family ties to the state.

  • Republicans select Cleveland for 2016 convention Friday, 8 Aug 2014 | 1:28 PM ET

    CHICAGO— The Republican National Committee is voting to formalize its selection of Cleveland, Ohio, as the site of the party's 2016 national convention, as the GOP's governing body winds up its summer meeting this week. Also under consideration were Dallas; Denver; Kansas City, Missouri; Las Vegas and Phoenix.

  • *Investors fret over Argentina default fallout. *Exxon, Whole Foods both fall after results. NEW YORK, July 31- U.S. stocks slumped in a broad decline on Thursday, with the S&P 500 falling below a key technical level and erasing its gains for the month as concerns mounted over the strength of overseas economies and ongoing tensions with Russia.

  • CLEVELAND, July 29- Casablanca Capital triumphed on Tuesday in its proxy battle with miner Cliffs Natural Resources Inc, preliminary estimates show, putting the hedge fund in a position to replace Cliffs' chief executive and sell off underperforming assets.

  • *$1 billion repurchase to be completed within three years. *Adjusted profit of $2.34 a share compares with $2.19 estimate. July 24- United Continental Holdings Inc reported a stronger-than-expected second-quarter profit aided by higher prices and said it plans to buy back $1 billion of stock, sending its shares up nearly 4 percent.

  • Cliffs, a Cleveland- based iron ore and metallurgical coal producer, is locked in a proxy battle with Casablanca, which owns 5.2 percent of Cliffs' stock and accuses the company of destroying shareholder value. Casablanca wants to replace Cliffs' chief executive officer with its own nominee and six of the 11 board members, a majority, with its candidates.

  • July 17- Casablanca Capital LP said two independent proxy advisory firms have recommended shareholders of Cliffs Natural Resources Inc vote in favor of the hedge fund's bid to replace a majority of the miner's board members.

  • July 17- Casablanca Capital LP said two independent proxy firms have recommended that shareholders of Cliffs Natural Resources Inc vote in favor of the hedge fund's board nominees. Cliffs is locked in a proxy battle with New York- based hedge fund Casablanca, which owns 5.2 percent of Cliffs stock and accuses the company of destroying shareholder value.

  • LeBron James to return to Cleveland Cavaliers Friday, 11 Jul 2014 | 12:23 PM ET

    LeBron James announced he will return to the Cleveland Cavaliers.

  • Sports world waits for LeBron's decision Thursday, 10 Jul 2014 | 5:36 PM ET

    The sports world waited with bated breath on Thursday to hear where NBA superstar LeBron James would be taking his talents next.

  • GOP picks spot for convention in key swing state Tuesday, 8 Jul 2014 | 11:52 AM ET
    Buildings in the downtown skyline are reflected in the Cuyahoga River in Cleveland, Ohio, April 12, 2014.

    The GOP national convention to nominate a presidential candidate in 2016 will likely be held in Cleveland, the Republican National Committee said.

  • July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.

  • July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.

  • WASHINGTON, June 25- The U.S. Supreme Court on Wednesday weakened the defenses available to banks in class-action lawsuits over retirement plan investment decisions. The case involved allegations against Fifth Third Bancorp for putting its own stock in employee retirement plans prior to a drop in share price.

  • *Europe stocks fall; German bond yields at 2014 low. NEW YORK, June 25- Stocks on Wall Street rose on Wednesday despite disappointing U.S. economic data while German bond yields hit their lowest levels for the year as European investors moved toward safe havens.

  • US STOCKS-Wall St rises slightly despite weak GDP report Wednesday, 25 Jun 2014 | 1:40 PM ET

    *Monsanto rallies after results; General Mills lower. *Medical Action almost doubles, Owens& Minor to buy.

  • NEW YORK, June 25- Stocks on Wall Street rose on Wednesday despite disappointing U.S. economic data while German bond yields hit their lowest levels for the year as European investors moved toward safe havens.

  • US STOCKS-Wall St edges higher despite weak GDP report Wednesday, 25 Jun 2014 | 10:27 AM ET

    *Monsanto rallies after results, General Mills lower. NEW YORK, June 25- U.S. stocks edged higher on Wednesday as investors continued to find value in equities over other asset classes despite the latest economic data coming in below expectations.