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Convention & Visitors board names chairman

Convention & Visitors board names chairman
nashvillepost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nashvillepost.com Daily Mail and Mail on Sunday newspapers.

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KeyBank of Cleveland expands plan to invest billions in low-income neighborhoods


KeyBank of Cleveland expands plan to invest billions in low-income neighborhoods
Eric Heisig, cleveland.com
CLEVELAND, Ohio The Cleveland-based KeyBank on Thursday said it would expand a nationwide initiative to invest tens of billions of dollars into lower-income communities through small business loans, mortgages and other programs.
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The financial institution said in a news release that it spent $18 billion between 2017 and 2020 through a “community benefits plan.” It now plans to continue the program and bring its total investment to $40 billion in 15 states.
The bank initially committed $16.5 billion. The $18 billion invested over four years included $996 million in investments in Northeast Ohio, according to the release. ....

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Midwest Labor Markets Shake Off Covid-19 Downturn


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By Kim Mackrael and Joe Barrett/ Photographs and video by Andrew Spear for The Wall Street Journal
Midwest cities such as Columbus, Ohio, have had some of the most resilient job markets during the pandemic.
Indianapolis, Minneapolis and Cincinnati joined Columbus as having among the lowest unemployment rates of 51 major metro areas at the end of last year, on the unadjusted basis the Labor Department uses to rank cities. That placed the heartland cities well ahead of tech and financial powerhouses such as San Francisco and Boston.
Economists said Columbus and other Midwest cities that are faring relatively well benefited from a diverse economy that includes a larger-than-average concentration of white-collar workers who could shift to remote work during the pandemic. They also have less reliance on tourism compared with other large metro areas, relatively low population densities, and their overall Covid-19 caseloads ....

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