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  • Eight projects in Northeast Ohio have won the latest round of state historic preservation tax credits. Northeast Ohio will claim the biggest chunk of the tax credits, with about $9.8 million newly awarded out of the $28.4 million given out this round. The state also set aside credits in this round for the Goodyear headquarters building in Akron, Union Trust building on Euclid Avenue and May Company building on Public Square, three local projects that received large allotments of credits over several years.
  • The head of the Ohio Bail Agents Association, Charles Miller, is responding to a report calling the state's cash bail system "unfair" to poor defendants.
  • Fifth Third Bancorp is promising to raise its minimum wage to $15/hour and give most of its employees a thousand dollar bonus after President Trump signs the GOP tax cuts into law. The Cincinnati-based company announced the decision Wednesday, saying it wants to pass on the savings. But some experts say it has other reasons to "spread the wealth."
  • Republicans say the tax overhaul bill, which President Trump signed into law Friday, will spur massive economic growth and job creation (“Jobs, Jobs, Jobs!” the president cheered on Twitter, after the bill passed both houses of Congress with no Democratic votes). And while many policy experts disagree, one profession is almost certain to see a bump. You guessed it: tax preparers.
  • Frank Jackson is beginning his fourth term as Mayor of Cleveland. He was sworn in Tuesday morning at City Hall in Downtown. If there was a theme to the ceremony, it seemed to be this: being Mayor is not easy.
  • In the midst of escalating diplomatic tensions between the U.S. and Cuba, the city of Cleveland is trying to build business ties with the island nation. In Havana last Friday, representatives from the Cleveland-Cuyahoga County Port Authority signed a non-binding "memorandum of understanding" with the country's maritime authority aimed at laying the groundwork for potential future trade.
  • Amazon says the new warehouse its planning to open in Euclid in 2019 will create 1,000 new jobs. But some of those jobs may have a short shelf-life.
  • Senator Sherrod Brown is introducing legislation that would give the federal government the power to block foreign companies from buying up U.S. firms.
  • Cleveland City Council incumbents Terrell Pruitt and T.J. Dow have lost their seats in very close races slated for automatic recounts, according to official election results released today. After provisional and late-arriving absentee ballots were counted, Pruitt lost to Joe Jones by 8 votes, and Dow lost to Basheer Jones by 13. The newly tallied votes narrowed the margins of victory for each challenger, but did not change the outcomes of the races reported on election night on Nov. 7.
  • An Argentinean submarine carrying 44 crew members reported an electrical problem when it last was heard from a week ago. A massive search for the vessel is underway. But while there's enough food to last 90 days, the oxygen supply is only enough for one week when the vessel is submerged.
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