WASHINGTON — The United States government will miss the end of the year deadline to resolve the so-called fiscal cliff, House Republicans conceded on Monday afternoon. The House of Representatives will adjourn December 31 without voting on a bill to delay the impending tax hikes and spending cuts that will take start to take place […]
WASHINGTON — With hours remaining to avert the so-called fiscal cliff, President Barack Obama said a deal is “within sight” and urged lawmakers to come together to avert automatic tax hikes and spending cuts that kick in on Tuesday. But his midday press conference, with a group of middle-class Americans looking on, was not without […]
WASHINGTON — The preliminary fiscal cliff deal being negotiated by Senate Minority Leader Mitch McConnell (R-Ky.) and Vice President Joe Biden would achieve up to $790 billion in revenue over the next decade. Some of that money would be offset by extensions of tax credits and other stimulative policy, leaving roughly $715 billion in debt […]
CLEVELAND, OH (WOIO) – FOX Sports Media Group and SportsTime Ohio have announced an agreement that calls for FOX Sports to acquire SportsTime Ohio, the Cleveland-based regional sports network that has been offering local telecasts of Cleveland Indians games for the past seven seasons. In addition, FOX Sports Media Group announced that it has secured the […]
WASHINGTON — Senate Majority Leader Harry Reid accused the House of Representatives Thursday of being a “dictatorship” — albeit an extremely poor one. Reid (D-Nev.) took to the Senate floor to declare his frustration with the other chamber as the deadline to deal with the so-called fiscal cliff rapidly approaches. Reid argued that House Speaker […]
CLEVELAND, OH (WOIO) – With the fiscal cliff looming dozens are protesting possible cuts to Social Security, Medicare, and Medicaid here in Cleveland. A small group of protestors gathered at the free stamp to put the pressure on Washington. “The cuts are going to hurt the middle class families and we don’t need to see them,” […]
WASHINGTON — Dire headlines about the ongoing “fiscal cliff” debate might give the impression that the country is destined for a harrowing economic jolt. But buried in the stories and slightly visible behind the public posturing, signs are emerging that a deal is possible. House Republican leaders on Monday presented a plan to the White […]
WZAK Stone Soul Picnic – Buy Your Tickets CLEVELAND, OH (WOIO) – – New numbers are in on the Horseshoe Casino in Cleveland. They’ve been open a little less than two months and the facility is already raking in big bucks. Since it’s opening, gamblers have waged more than $340 million. That’s generated more than $19 […]
Tyler's Perry's Good Deeds starring Gabby Union, Eddie Cibrian, Phylicia Rashad, Rebecca Romijn, Beverly Johnson, and Thandie Newton opened at No. 2 with $16 million this weekend. Though Tyler's "Madea" films usually gross over $20 million the first week, this is a good showing for a Tyler flick without his favorite character. He used actual black women for this film.
AKRON, Ohio – The numbers are out and the 2011 Road Runner Akron Marathon boosted the city’s economy by an estimated $5.2 million, the equivalent of creating 45 new jobs, according to an Economic Impact Analysis done by the University of Akron. “The Akron Marathon is a respected world-class event that draws an increased number […]
(WOIO) – The unemployment rate in Ohio continued to climb for the third straight month. It rose to 9.1 percent in August, up from 9 percent in July. When will things get better? The news does not look good for nearly 600 postal employees in Akron and Canton. They are now among the thousands who […]
WASHINGTON — House Speaker John Boehner (R-Ohio) threw cold water on the prospect of passing President Obama’s jobs bill during a speech on Thursday, casting doubt over the viability of longterm debt talks as well. Addressing the Economic Club of Washington, Boehner called Obama’s plan to create jobs, which includes a mix of tax incentives […]