Barbara Payne's Capitalist Cleveland Blog

News and Views: Entrepreneurs a-thrive in Northeast Ohio


Monday, January 23, 2006

New beginnings for Capitalist Cleveland radio

In search of a new radio home, Don Larson and Irv Katz did a bangup last show on WERE. Radio One in New York is taking over this station and almost all local programming is being canceled.

After 3 years of profiling some of the most interesting and exciting entrepreneurs in Northeast Ohio on 1300 radio, Capitalist Cleveland is looking for a new home. But we'll keep the blog going--I'll have to get Don to spill his wildly enthusiastic guts here occasionally... " )

Happy Highlights
Joanne Stores, headquartered in Hudson, up 11% last week, was the featured stock market pick in this final WERE episode. They're the Number One fabric retailer in the U.S. In 700+ stores 22,000 employees help customers mainly with fabric and crafts--to the tune of $1.8 billion sales in 2005 (net income $46 million). December sales alone were up 4.5%.

Dow Jones also went higher than it's been in four-and-a-half years (since the 9/11 disaster).

Local investors look at a Florida resort property--which prompted your hosts to remark that Cleveland weather is comparatively great--no tsunamis, earthquakes, tornadoes, hurricanes and not even really terrible blizzards.

Thanks to CC sponsors Hal-Com (computer network managers), Eventus Supplier Portal (supply chain experts), Boundless Flight (business software experts), Market Avenue Wine Bar (no explanation needed!), and MP Star Financial (business financing programs). Visit Capitalist Cleveland sponsors' page.

Stay tuned for continuing good news about Northeast Ohio!

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