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Lordstown Motors trouble raises questions for Ohio elected officials

One year ago, former Vice President Mike Pence rode in a new electric pickup from Lordstown Motors and proclaimed it was a new day for the Mahoning Valley.
Ohio officials hailed the company as a savior for the region after General Motors shut down its Chevrolet Cruze operation and took thousands of union jobs with it. The promise was a bold one: Lordstown would manufacture trucks that get the electric power equivalent of 75 miles per gallon of gas.
Now, the plant s future is in question as Lordstown faces multiple investigations and allegations that executives mislead investors about vehicle pre-orders. The politicians who cheered the deal want answers but some contend there were warning signs from the beginning. ....

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Lordstown Motors new management says it may seek money from General Motors

Lordstown Motors new management says it may seek money from General Motors
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Lordstown Motors new management says it may seek money from GM

Lordstown Motors new management says it may seek money from GM
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TZP Group Acquires a Majority Stake in Itzy Ritzy

TZP Group Acquires a Majority Stake in Itzy Ritzy
TZP Group partners with Co-Founders Kelly Meyer Douglas and Brian Douglas to support product development and accelerated growth
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NEW YORK, April 22, 2021 /PRNewswire/ TZP Group ( TZP ), a multi-strategy private equity firm, announced today that the firm has led the recapitalization of Quintessential Tots, LLC d/b/a Itzy Ritzy ( Itzy Ritzy or the Company ), a leading omni-channel lifestyle brand of juvenile products with Co-Founders Kelly Meyer Douglas and Brian Douglas who remain significant shareholders.
itzy ritzy
Launched in 2007 by Kelly Meyer Douglas and Brian Douglas, Itzy Ritzy offers a diverse portfolio of products that span multiple categories including diaper bags, toys, pacifiers, teethers, and other must-have baby related products. Itzy Ritzy has fostered an inclusive, engaged community of parents who frequently share advice and sup ....

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Mike Gibbons joins Ohio's crowded Republican primary for U.S. Senate seat in 2022

Matthew Hatcher/Bloomberg
Residents stand in a line that stretches around the block while waiting to cast ballots at an early voting polling location for the 2020 presidential election at the Lucas County Board of Elections in Toledo on Oct. 6, 2020.
Cleveland businessman Mike Gibbons is joining the crowded Republican field for the U.S. Senate seat being vacated by Rob Portman in a 2022 primary contest dominated so far by the effort to show who s most supportive of Donald Trump.
Gibbons, 69, who started a business at age 37 that became the investment bank and financial advisory firm Brown Gibbons Lang & Co., announced his candidacy on Tuesday, April 13, saying he ll bring a plain-spoken approach to Congress. ....

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