http://www.wcpn.org/index.php/WCPN/business_roundup/ Weekly interviews and reports about economic developments in Northeast Ohio, featuring local business leaders and analysts. (c) Copyright 2008 ideastream - For Personal Use Only http://www.ideastream.org/common/images/itunes/small_economy.jpg http://www.wcpn.org/index.php/WCPN/business_roundup/ en-us The All-Day Brain Food - 90.3 WCPN ideastream 90.3 WCPN ideastream Weekly interviews and reports about economic developments in Northeast Ohio, featuring local business leaders and analysts. 90.3 WCPN ideastream news@wcpn.org No http://www.wcpn.org/index.php/WCPN/business_roundup/12093/ http://www.wcpn.org/index.php/WCPN/business_roundup/12093/#When:17:16:00Z On Fridays we typically turn our attention to the regional economy. Today we begin broadening this segment to bring you a diverse set of conversations with local business executives, financial analysts and developers, among others. Ideastream Executive Editor David Molpus kicks off our discussions with Morton Smith, a semi-retired Cleveland businessman who has an idea about how to attract new residents to the region. Fri, 16 May 2008 17:16:00 -0400 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream On Fridays we typically turn our attention to the regional economy. Today we begin broadening this segment to bring you a diverse set of conversations with local business executives, financial analysts and developers, among others. Ideastream Executive Editor David Molpus kicks off our discussions with Morton Smith, a semi-retired Cleveland businessman who has an idea about how to attract new residents to the region. http://www.wcpn.org/index.php/WCPN/business_roundup/10594/ http://www.wcpn.org/index.php/WCPN/business_roundup/10594/#When:12:27:01Z There's been a lot of speculation this week about the future of National City Bank. Will it be sold? Who will it be sold to? What would such a deal mean for Cleveland? All valid questions, but right now there's very little that we know for sure. One thing for certain, though: National City is looking for money. Scott Roulston is the CEO of Fairport Asset Management. He joins ideastream's Eric Wellman this morning with a business perspective. Fri, 04 Apr 2008 12:27:01 -0400 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream There's been a lot of speculation this week about the future of National City Bank. Will it be sold? Who will it be sold to? What would such a deal mean for Cleveland? All valid questions, but right now there's very little that we know for sure. One thing for certain, though: National City is looking for money. Scott Roulston is the CEO of Fairport Asset Management. He joins ideastream's Eric Wellman this morning with a business perspective. http://www.wcpn.org/index.php/WCPN/business_roundup/10346/ http://www.wcpn.org/index.php/WCPN/business_roundup/10346/#When:12:13:00Z The past 10 days will be remembered as the time the U.S. government discarded a half-century of rules to save American financial capitalism from collapse. On the Richter scale of government activism, the government's recent actions don't register at FDR levels, but something big just happened. The Government of Last Resort is working with the Lender of Last Resort to shore up the housing and credit markets to avoid Great Depression II. Thus began a front page story in yesterday's Wall Street Journal. Here to help us make sense of the amazing intervention by the federal reserve in backing up Bear Sterns enough so that J.P. Morgan - Chase would buy it is Scott Roulston, he's CEO of Fairport Asset Management. And he joins us this morning with a business perspective. Fri, 28 Mar 2008 12:13:00 -0400 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream The past 10 days will be remembered as the time the U.S. government discarded a half-century of rules to save American financial capitalism from collapse. On the Richter scale of government activism, the government's recent actions don't register at FDR levels, but something big just happened. The Government of Last Resort is working with the Lender of Last Resort to shore up the housing and credit markets to avoid Great Depression II. Thus began a front page story in yesterday's Wall Street Journal. Here to help us make sense of the amazing intervention by the federal reserve in backing up Bear Sterns enough so that J.P. Morgan - Chase would buy it is Scott Roulston, he's CEO of Fairport Asset Management. And he joins us this morning with a business perspective. http://www.wcpn.org/index.php/WCPN/business_roundup/10226/ http://www.wcpn.org/index.php/WCPN/business_roundup/10226/#When:14:52:00Z The banking industry continues to be at the center of attention in business circles these days. Earlier this week, Bear Stearns was suddenly bought out by JP Morgan Chase in a deal engineered by the Federal Reserve bank. And then there's the story about Lorain National Bank. Minority shareholders demanded a meeting and shareholder vote to restructure the bank's board. For a further look at these stories, CEO of Fairport Asset Management Scott Roulston joins ideastream®'s Eric Wellman. Fri, 21 Mar 2008 14:52:00 -0400 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream The banking industry continues to be at the center of attention in business circles these days. Earlier this week, Bear Stearns was suddenly bought out by JP Morgan Chase in a deal engineered by the Federal Reserve bank. And then there's the story about Lorain National Bank. Minority shareholders demanded a meeting and shareholder vote to restructure the bank's board. For a further look at these stories, CEO of Fairport Asset Management Scott Roulston joins ideastream®'s Eric Wellman. http://www.wcpn.org/index.php/WCPN/business_roundup/10128/ http://www.wcpn.org/index.php/WCPN/business_roundup/10128/#When:12:25:00Z So, there's a handshake deal for the Medical Mart and Convention Center. We're going to bring Scott Roulston into the conversation. He's CEO of Fairport Asset Management. Fri, 14 Mar 2008 12:25:00 -0400 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream So, there's a handshake deal for the Medical Mart and Convention Center. We're going to bring Scott Roulston into the conversation. He's CEO of Fairport Asset Management. http://www.wcpn.org/index.php/WCPN/business_roundup/10090/ http://www.wcpn.org/index.php/WCPN/business_roundup/10090/#When:13:39:01Z Much of the news in recent weeks has focused on this historic primary election. But while we were watching the election, there were some local business stories that didn't get the attention they might have gotten in a more typical week. A regional company got locked in a hostile takeover bid, and the Cleveland Clinic received its largest grant ever to start what it's calling a "global cardiovascular innovation center." Scott Roulston, CEO of Fairport Asset Management is with us. Fri, 07 Mar 2008 13:39:01 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Much of the news in recent weeks has focused on this historic primary election. But while we were watching the election, there were some local business stories that didn't get the attention they might have gotten in a more typical week. A regional company got locked in a hostile takeover bid, and the Cleveland Clinic received its largest grant ever to start what it's calling a "global cardiovascular innovation center." Scott Roulston, CEO of Fairport Asset Management is with us. http://www.wcpn.org/index.php/WCPN/business_roundup/10008/ http://www.wcpn.org/index.php/WCPN/business_roundup/10008/#When:13:36:01Z Let's say you lived in Gainesville Florida and I told you that I would give your company $25 million to move to Boston, San Francisco, North Carolina's research triangle or... Cleveland. Where would you pick? Well, a company called ViewRay had this decision to make. The company's developing a new medical tool that assists in the removal of tumors. But in order to get $25 million in investment money it had to move to a center of BioTech innovation... and it picked Cleveland. Scott Roulston is CEO of Fairport Asset Management and has been following this deal with curiosity. Fri, 29 Feb 2008 13:36:01 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Let's say you lived in Gainesville Florida and I told you that I would give your company $25 million to move to Boston, San Francisco, North Carolina's research triangle or... Cleveland. Where would you pick? Well, a company called ViewRay had this decision to make. The company's developing a new medical tool that assists in the removal of tumors. But in order to get $25 million in investment money it had to move to a center of BioTech innovation... and it picked Cleveland. Scott Roulston is CEO of Fairport Asset Management and has been following this deal with curiosity. http://www.wcpn.org/index.php/WCPN/business_roundup/10009/ http://www.wcpn.org/index.php/WCPN/business_roundup/10009/#When:13:38:00Z The campaigns of Barack Obama and Hillary Clinton have been criss-crossing Ohio in the lead-up to the March 4th primary. The candidates are scheduled to meet at the Wolstein Center Tuesday on the campus of Cleveland State University for a final debate before the crucial vote. This morning our business analyst Scott Roulston is with us to talk about some of the issues in the campaign that are most important to Northeast Ohio. Fri, 22 Feb 2008 13:38:00 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream The campaigns of Barack Obama and Hillary Clinton have been criss-crossing Ohio in the lead-up to the March 4th primary. The candidates are scheduled to meet at the Wolstein Center Tuesday on the campus of Cleveland State University for a final debate before the crucial vote. This morning our business analyst Scott Roulston is with us to talk about some of the issues in the campaign that are most important to Northeast Ohio. http://www.wcpn.org/index.php/WCPN/business_roundup/9796/ http://www.wcpn.org/index.php/WCPN/business_roundup/9796/#When:13:27:01Z Cleveland's largest company is eying a site in the flats for a possible new headquarters. We learned this week that Eaton Corporation is due to begin serious talks with the port authority and developer Scott Wolstein. Wolstein is planning a $400 million development in the flats. How would a new Eaton Headquarters fit in with the flats development? And what does it mean to the city to keep a company like Eaton at a Cleveland address? On Fridays we check in with Scott Roulston. He's CEO of Fairport Asset Management. Fri, 08 Feb 2008 13:27:01 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Cleveland's largest company is eying a site in the flats for a possible new headquarters. We learned this week that Eaton Corporation is due to begin serious talks with the port authority and developer Scott Wolstein. Wolstein is planning a $400 million development in the flats. How would a new Eaton Headquarters fit in with the flats development? And what does it mean to the city to keep a company like Eaton at a Cleveland address? On Fridays we check in with Scott Roulston. He's CEO of Fairport Asset Management. http://www.wcpn.org/index.php/WCPN/business_roundup/9484/ http://www.wcpn.org/index.php/WCPN/business_roundup/9484/#When:13:35:00Z As the month comes to a close, it will likely go down in the record books as a very bad month for stocks. It's not clear whether we've hit bottom -- but what is clear is that there are problems in our economy. The Federal Reserve got the message loud and clear. This week the Fed cut a key interest rate 3/4 of a percent -- the largest such cut between meetings in its history. Scott Roulston, CEO of Fairport Asset Management talks business with us on Friday. Fri, 25 Jan 2008 13:35:00 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream As the month comes to a close, it will likely go down in the record books as a very bad month for stocks. It's not clear whether we've hit bottom -- but what is clear is that there are problems in our economy. The Federal Reserve got the message loud and clear. This week the Fed cut a key interest rate 3/4 of a percent -- the largest such cut between meetings in its history. Scott Roulston, CEO of Fairport Asset Management talks business with us on Friday. http://www.wcpn.org/index.php/WCPN/business_roundup/9137/ http://www.wcpn.org/index.php/WCPN/business_roundup/9137/#When:14:02:01Z Cuyahoga County leaders breathed a sigh of relief this week when a developer agreed to purchase the Ameritrust complex in downtown Cleveland. The county bought the property a few years ago with the hopes of converting it into its new headquarters. But when that never happened the purchase appeared to be a very costly mistake. Now the K&D group says it plans to spend $200 million to build retail and office space, as well as condos on the site. But what is the K&D group? And what kind of risk is it taking? Our business analyst Scott Roulston did a little digging. He's CEO of Fairport Asset Management. Fri, 18 Jan 2008 14:02:01 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Cuyahoga County leaders breathed a sigh of relief this week when a developer agreed to purchase the Ameritrust complex in downtown Cleveland. The county bought the property a few years ago with the hopes of converting it into its new headquarters. But when that never happened the purchase appeared to be a very costly mistake. Now the K&D group says it plans to spend $200 million to build retail and office space, as well as condos on the site. But what is the K&D group? And what kind of risk is it taking? Our business analyst Scott Roulston did a little digging. He's CEO of Fairport Asset Management. http://www.wcpn.org/index.php/WCPN/business_roundup/9057/ http://www.wcpn.org/index.php/WCPN/business_roundup/9057/#When:13:48:01Z The city of Cleveland is taking a step into uncharted territory as it looks to hold banks accountable for the rash of foreclosures that have swept through the region. The city's lawsuit names 21 lenders and many of Wall Street's biggest names -- Merrill Lynch, Goldman Sachs, Citi Bank. Cleveland is the first city in the country to file a lawsuit on this scale. We turn to Scott Roulston for some analysis this morning. He's CEO of Fairport Asset Management. Mon, 14 Jan 2008 13:48:01 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream The city of Cleveland is taking a step into uncharted territory as it looks to hold banks accountable for the rash of foreclosures that have swept through the region. The city's lawsuit names 21 lenders and many of Wall Street's biggest names -- Merrill Lynch, Goldman Sachs, Citi Bank. Cleveland is the first city in the country to file a lawsuit on this scale. We turn to Scott Roulston for some analysis this morning. He's CEO of Fairport Asset Management. http://www.wcpn.org/index.php/WCPN/business_roundup/9008/ http://www.wcpn.org/index.php/WCPN/business_roundup/9008/#When:13:26:00Z Cleveland-based National City is the latest bank to tighten its belt in the fallout of the mortgage crunch. This week the company announced plans to lay off 900 employees across the country. That's on top of 2,500 already announced. It's also slashing its dividend in half -- from ten percent to five percent. Wall Street didn't take the news kindly. National City's stock is trading near a 12-year low, and there are serious questions about the future of the company, which is one of the largest banks in the country and one of Cleveland's largest employers. Scott Roulston is CEO of Fairport Asset Management and talks business with us on Fridays. Fri, 04 Jan 2008 13:26:00 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Cleveland-based National City is the latest bank to tighten its belt in the fallout of the mortgage crunch. This week the company announced plans to lay off 900 employees across the country. That's on top of 2,500 already announced. It's also slashing its dividend in half -- from ten percent to five percent. Wall Street didn't take the news kindly. National City's stock is trading near a 12-year low, and there are serious questions about the future of the company, which is one of the largest banks in the country and one of Cleveland's largest employers. Scott Roulston is CEO of Fairport Asset Management and talks business with us on Fridays. http://www.wcpn.org/index.php/WCPN/business_roundup/8992/ http://www.wcpn.org/index.php/WCPN/business_roundup/8992/#When:17:05:00Z Akron got a bit of good news earlier this month when Goodyear announced plans to stay in the region for decades to come. There have been many business stories that have grabbed the headlines this year, especially with the sub-prime mess and the slumping housing market. Last week Scott Roulston -- CEO of Fairport Asset Management -- joined us to cover the year in review. This week he spoke with ideastream's Eric Wellman about what's ahead for the region next year. Fri, 28 Dec 2007 17:05:00 -0500 90.3 WCPN ideastream The All-Day Brain Food - 90.3 WCPN ideastream Akron got a bit of good news earlier this month when Goodyear announced plans to stay in the region for decades to come. There have been many business stories that have grabbed the headlines this year, especially with the sub-prime mess and the slumping housing market. Last week Scott Roulston -- CEO of Fairport Asset Management -- joined us to cover the year in review. This week he spoke with ideastream's Eric Wellman about what's ahead for the region next year.