Crain's Cleveland Business

Crain Communications is a prominent business news and information organization that boasts a collection of 24 media brands. These brands deliver essential news and data for professionals worldwide, covering various industries such as advertising, automotive, finance, healthcare, and staffing solutions.

Local, Trade/B2B

English

Newspaper

Outlet metrics

Domain Authority

Ranking

Global

#344636

United States

#75486

News and Media

#3021

Traffic sources

Monthly visitors

Articles

Ohio State Teachers Retirement System approves 1.5% COLA for fiscal 2026

3 days ago | crainscleveland.com | Rob Kozlowski

Ohio State Teachers Retirement System, based in Columbus, has approved a cost-of-living adjustment of 1.5% for fiscal year 2026. The $97.7 billion pension fund’s board approved the COLA at its April 17 meeting, according to a news update on its website. The COLA is effective July 1 for the fiscal year ending June 30, 2026, for retirees who started receiving benefits on June 1, 2021, or earlier.
Great Lakes Mall in Mentor expected to be for sale soon

1 week ago | crainscleveland.com | Dan Shingler

Mentor's Great Lakes Mall will apparently be up for sale soon and observers predict it will rise again as something other than a retail center. The mall’s owner, Washington Prime Group of Columbus and Indianapolis, has been facing financial troubles and job reductions. The real estate data and analysis firm CoStar reported April 17 that the big retail property owner is selling all of its remaining properties, which, according to WPG’s website, still includes Great Lakes Mall.
FAFSA filings rebound at area colleges after last year’s glitches

1 week ago | crainscleveland.com | Joe Scalzo

After last year’s disastrous rollout, this year’s FAFSA might as well stand for “Finally, A Functional Student Application.”And for colleges across Northeast Ohio, it’s delivering exactly that: more filings, fewer headaches and a much brighter spring for admissions teams. As of March 28, 60,362 high school seniors in Ohio had submitted the Free Application for Federal Student Aid, which serves as the gateway to loans, work-study and Pell grants.
HUD delays mean City Council faces critical CDC funding decision

1 week ago | crainscleveland.com | Kim Palmer

Extended delays in federal grant funding are putting pressure on Cleveland's City Council to move forward with a measure, introduced in January, that would change how Cleveland funds more than a dozen Community Development Corporations (CDCs) across the city. Cleveland’s 18 CDCs depend on the nearly $9 million in annual funding provided by the city from more than $3 billion in HUD Community Development Block Grants (CDBG) program.
On eve of retirement, John Carroll president reflects on growth, change and what's next

1 week ago | crainscleveland.com | Joe Scalzo

Retiring John Carroll University president Alan Miciak has spent nearly a decade in University Heights and he seems to have taken the Jesuit call to humility to heart. “I guess I’m always surprised that people would find my story interesting,” Miciak said, chuckling. His tenure tells a different story — one of bold bets, big investments and a steady hand during a stormy stretch for higher education.
Cleveland's booming tourism industry gets a boost from civic pride

1 week ago | crainscleveland.com | Kim Palmer

That 10-year spike in positive perception is a direct result of the 2014 launch of the “the Cleveland brand,” Destination Cleveland’s President and CEO David Gilbert told attendees Wednesday, April 15, during the group’s annual meeting at the Huntington Convention Center. “The perception of Cleveland has changed in so many ways,” said Gilbert in an interview with Crain’s.
Strongsville preps rare 90-acre greenfield site for sale as developers line up

1 week ago | crainscleveland.com | Dan Shingler

The site will join four industrial parks that Strongsville already has operating along Foltz Parkway. Four real estate firms — CBRE, CRESCO, JLL and Colliers — responded to the city's RFP, said Strongsville Director of Economic Development Brent Painter. “We were thrilled. All the responses were industrial real estate companies that have strong national and global reach,” Painter said. He added that, once interviews are finished, a winning bidder will be announced in the next two to three weeks.
West Side Market clinches final funding for $53 million first phase of renovation project

1 week ago | crainscleveland.com | Kim Palmer

The project adds a $2 million loan from the Community Development Financial Institution’s (CDFI) Healthy Food Financing Initiative and $6 million in Federal Historic Tax Credits. The total financial package is made up of a “complex set of funding tools," explains Rosemary Mudry, CPMC executive director. “We are incredibly grateful and thrilled that the Market is receiving the largest investment financing package that CDA has made,” Mudry said in a statement.
Bernie Moreno calls tariffs ‘a blip’ industry ‘won’t remember’

1 week ago | crainscleveland.com | Molly Boigon

Moreno’s comments came after roughly eight hours of doom and gloom from others. His remarks highlighted the growing chasm between the normally sympathetic auto industry and the Republican politicians at the helm of the tariffs. Patrick Manzi, NADA’s chief economist, forecast that households will lose $4,700 each in disposable income from the tariffs.
Cleveland Fed’s Hammack sees strong case for steady rates amid tariffs

1 week ago | crainscleveland.com | Jonnelle Marte

“With both sides of our mandate expected to be under pressure, there is a strong case to hold monetary policy steady in order to balance the risks coming from further elevated inflation and a slowing labor market,” Hammack said Wednesday in remarks prepared for an event in Columbus, Ohio.