An independent government report on President Donald Trump's new North American trade deal estimates it will lead to higher car prices for U.S. consumers and a decline in auto sales even as it has a modest positive impact on the broader economy, undercutting one of the White House's key sales pitches for the agreement.In its assessment of the new U.S.-Mexico-Canada Agreement, the International Trade Commission on Thursday, April 18, found it would have a modest beneficial impact on the American economy, adding 0.35%, or $68 billion, to U.S. gross domestic product in the sixth year after it took effect.The report, however, offered a much more skeptical view of tough new auto production rules, saying that while they would add 28,000 jobs in the auto sector they would actually lead to a fall in vehicle assembly jobs due to higher production costs that would be a drag on U.S. manufacturing more broadly.The ITC analysis points to a debate over one of the Trump administration's main argument … [Read more...] about Independent report finds Trump’s North American trade deal would hit auto sector, boost other parts of the economy
FirstEnergy Solutions files new bankruptcy plan
FirstEnergy Solutions said Friday, April 19, that it has filed an amended plan of reorganization in its Chapter 11 bankruptcy case after a judge on the case said on April 4 that the company's reorganization plan was "patently unconfirmable." FES said it has entered into an agreement with its parent, FirstEnergy Corp., including a waiver "that eliminates the nonconsensual third-party releases from the company's proposed plan of reorganization that the U.S. Bankruptcy Court addressed in its recent ruling and provides a clear path forward for FES to conclude its Chapter 11 restructuring in 2019."FES said it has filed an amended plan of reorganization and an amended disclosure statement providing key information to creditors. The court refused to approve the company's previous disclosure statement, effectively halting the case. The new plan and statement also will require the court's approval.The April 4 ruling that put the case in the ditch came after federal regulators, environmental … [Read more...] about FirstEnergy Solutions files new bankruptcy plan
Help stamp out hunger with South Hills Lend-A-Hand and National Letter Carriers: Talk of the Towns
BROADVIEW HEIGHTS, Ohio -- South Hills Lend-A-Hand has joined with the National Letter Carriers for 27 years to help “Stamp Out Hunger.” This year’s pickup will be on Saturday, May 11. The South Hills Lend-A-Hand program has been supplying food to needy families for the last 30 years. The Lend-A-Hand program could not meet the needs of these families without the support of residents and businesses. Last year, the nationwide Stamp Out Hunger food drive collected more than 80 million pounds of food to help restock food banks. Locally, our residents donated 2,800 pounds, an increase of 12 percent. Also over the last year, the need for help here has increased from 40 families monthly to more than 65.You can participate by placing a bag of non-perishable food by your mailbox or by dropping off a bag at the Wallings Road or Broadview Road fire stations in Broadview Heights. All of the food collected locally will be delivered to the South Hills Lend-A-Hand Program to help … [Read more...] about Help stamp out hunger with South Hills Lend-A-Hand and National Letter Carriers: Talk of the Towns
Keller Williams honors and supports local veterans with annual RED day of service: Strong Points
STRONGSVILLE, Ohio -- RED Day -- Keller Williams Greater Cleveland Southwest’s annual day of service -- stands for Renew, Energize and Donate. This is a day when agents, clients, families and community members all get together to do yard work at local veterans’ homes in the area. This year’s RED Day is on Thursday, May 9, starting at 8 a.m. and going all day until they finish at 4 p.m. They have plans to service more than 60 homes across 17 local communities with 300 volunteers. There are 12 teams, each led by a Keller Williams associate who has gone out to meet all of the veterans to assess their properties and needs. These 12 captains will coordinate their teammates in an effort to beautify the homes on their list by edging flowerbeds, laying mulch, pulling weeds and doing general yard clean-up. Right now, the count is over 2,400 bags of mulch they will be laying down, and probably triple the amount of weeds and leaves to pull/pick up.One of the best parts of the … [Read more...] about Keller Williams honors and supports local veterans with annual RED day of service: Strong Points
Israeli Independence Day celebrated May 9 at Landerhaven; ‘Water by the Spoonful’ closes Ensemble’s 39th season; more: Press Run
BEACHWOOD, Ohio -- May 9 is Independence Day: The Jewish Federation of Cleveland, in partnership with more than 50 local Jewish organizations and community businesses, will host Yom Ha’atzmaut, a festival celebrating art, music and Israel’s 71st Independence Day.This annual, family-friendly event will take place from 5:30-9:30 p.m. May 9 at Landerhaven, 6111 Landerhaven Drive in Mayfield Heights. It is free and open to the community. “Yom Ha’atzmaut is an opportunity to celebrate the vitality and diversity of the state of Israel and the role it plays in the lives of Jews everywhere,” said Tamar Poupko Smith, in a release. Poupko Smith is an event co-chair, along with husband, Elliot, of Beachwood, and Connie and Neil Waxman, of Pepper Pike. “This is one of the largest Jewish community-wide events, and we’re excited to offer attendees traditional Yom Ha’atzmaut favorites like Israeli music, as well as new activities, like Israeli wine … [Read more...] about Israeli Independence Day celebrated May 9 at Landerhaven; ‘Water by the Spoonful’ closes Ensemble’s 39th season; more: Press Run