Market Crash Deepens as Oil Slump Triggers Selloff
Global markets plunged with the Dow down 7.8 percent to 23851.02 as oil fell nearly 25 percent and coronavirus fears mount. Italy imposed lockdowns and travel bans while U.S. officials considered further economic actions. energy firms, banks, and tech shares all tumbled. The S&P 500 and Nasdaq hit losses, sparking fears of a bear market and recession.
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Carrino sells Medina restaurant after 34 years in business
Al Carrino of Sharon Township says he owned the restaurant for 34 years and will sell the business name recipes and customers while leaving ownership of the building at 221 S Jefferson St. The property houses JoJo's Sports Bar & Grille and is leased to Mann. Carrino mentions about 100 employees and roughly $4 million in annual sales with no sale price disclosed. He notes pride in staff and a bittersweet goodbye amid past city rezoning disputes with Medina. A status hearing in the civil case SDSS Properties LLC v Medina is set for 11 a.m. April 7.
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Medina Gazette notes provide contact for reporter Bob Finnan at 330 721 4049 or rfinnan medina-gazette com for further information about the case involving Common Pleas Judge Joyce Kimbler.
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