GDP up but jobs remain scarce in first quarter
The Commerce Department reports GDP grew 3.2 percent annualized in Q1 driven by 3.6 percent consumer spending, the third straight quarterly gain in a downturn. Unemployment stays at 9.7 percent with economists noting 3 percent growth needed to add jobs. President Obama calls the report a milestone while urging more employment creation.
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Washington
Commerce Department
Mark Zandi
Moody's Analytics
Barack Obama
GOP
Mulligans Center Nets Grand Opening Mini Golf Feature
North Ridgeville officials prepare Mulligans Family Fun Center opening later this month. The course will charge seven dollars for adults and five for ages five to twelve with 40 foot holes and elevated greens. It includes a golf course, a basketball court, a clubhouse, water features, and an arcade as first phase of a potential year round three acre complex.
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North Ridgeville
Bob Clark
Mulligans Family Fun Center
Mulligans
Clark
Harris Miniature Golf Courses
Bruce Bishop
Chronicle
New Lorain County venture targets resort-style mini golf
Mulligans Family Fun Center plans a resort-style mini golf facility near Ohio Sports Park in Victory Lane, Lorain County, with a projected cost around 1 million dollars. The center aims to run April to November, offers senior and veteran discounts, and supports Blessing House and local charities. Contact Steve Fogarty at 329-7146 or sfogarty chroniclet.com for details.
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ctnews@chroniclet.com
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Grey Hawk Golf Club
LaGrange
Steve Fogarty
Chroniclet
Goldman Sachs shares drop as U.S. probes mortgage deals
Goldman Sachs Group Inc. saw its stock fall about 9 percent after the Justice Department opened a criminal investigation into mortgage securities arranged by the firm. The probe follows civil fraud charges from two weeks earlier and comes amid calls for sweeping financial reform.
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D-Toledo
FBI interviews mass Massey workers in crash probe
The FBI has interviewed nearly two dozen current and former Massey Energy employees as part of a criminal probe into the Upper Big Branch mine explosion that killed 29. Investigators seek evidence of criminal negligence while Massey faces separate safety and political scrutiny from President Obama.
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Washington
FBI
Massey Energy Co
West Virginia
Massey
Jeff Gillenwater
Kentucky
Barack Obama
FBI and Labor Department
Upper Big Branch
Obama
Secretary of Labor
Justice Depart
Ment
Massey Energy
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