Regional News Stories: March 2007

Jim Lehrer Interview
Posted Wednesday, March 14, 2007
Last night, PBS news anchor Jim Lehrer was the featured speaker at the Playhouse Square lecture series in Cleveland. He also dropped by our studios for a conversation with ideastream's Dee Perry. Since he has been moderating presidential debates since the 1980s and is likely to again in the 2008 election, she asked Lehrer about the value of this particular kind of political theater.

Housing Analyst Ivy Zelman Predicts Wall Street Troubles to Ripple to Main Street
Posted Wednesday, March 14, 2007
The Dow Industrials fell 242 points yesterday, and analysts put some of the blame on an ongoing financial crisis among lenders who specialize in mortgages for people with weaker credit. Worry grows as more borrowers with these subprime loans fail to pay their mortgages on time and fall into foreclosure. Cleveland-based analyst Ivy Zelman of Credit Suisse talked with ideastream's Mhari Saito about how trouble with subprime companies on Wall Street could impact us here in Northeast Ohio.

New Homes Started Drops 25% in 2006
Posted Tuesday, March 13, 2007
The number of new homes started in Northeast Ohio in 2006 dropped to its lowest level in years. But even still, area realtors are optimistic about this year's spring sales season. ideastream's Mhari Saito reports.

Looking Outside the Company for Ideas
Posted Monday, March 12, 2007
Years ago, when a company wanted to develop a new product or improve an old one, it turned to its own in-house research and development department. More recently, several companies have slashed their R&D budgets and now look to outside help for product ideas. Finding the right help though is tricky business. ideastream's Tasha Flournoy reports on a local firm with a solution.

American Crafts Gallery Closing
Posted Wednesday, March 7, 2007
The days are numbered for what is likely Cleveland's oldest arts and crafts gallery. After more than 42 years, the American Crafts Gallery near Shaker Square on Cleveland's east side is going out of business. Its owners say it's time to move on to something else. ideastream's Mark Urycki has the details.

The Price Tag for Improving Education
Posted Wednesday, March 7, 2007
A draft of a new study making its way around Columbus puts price tags on various options for improving education in Ohio. When totaled up, they amount to billions of additional dollars per year. But the authors aren't recommending they all be adopted. ideastream's Dan Bobkoff reports.

Good (and Bad) News About Northeast Ohio High-Tech Industries
Posted Wednesday, March 7, 2007
A new Cleveland State University study reveals some good and bad news about trends in Northeast Ohio's high-tech industries. ideastream's Tasha Flournoy reports on some of the findings.

Using An Old Drug in a New Way Could Save Billions
Posted Tuesday, March 6, 2007
A new study out of Cleveland says using an old drug in a new way might save the country $2 billion a year in costs related to premature births. ideastream's Lisa Ann Pinkerton has more.

Clinic Merging Cancer Research with Biomedicine
Posted Tuesday, March 6, 2007
The Cleveland Clinic is merging it's research in the prevention and treatment of cancer with biomedicine to discover big breakthroughs in treatment using very tiny technology. ideastream's Lisa Ann Pinkerton has more on the Clinic's latest nanotechnology efforts.

Mortgage Lenders Getting Nervous About Loans
Posted Monday, March 5, 2007
Around the country, more people are having trouble paying their mortgages on time and more homes are going into foreclosure. That's old news here in Northeast Ohio which has suffered from sky high foreclosure rates for several years. But lenders and investors are now starting to get nervous, tightening mortgage lending requirements and selling off bad loans. ideastream's Mhari Saito reports.

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