Reed Smith Reduces First-year Associates' Salaries, Billing Rates By 20 Percent

A Cincinnati public company is acquiring the five-facility, 400,000-square-foot operation.

Monhegans, a recently opened clothing store in Downtown New Albany, is named after Monhegan Island, Maine.

In an industry that relies on specialized engineering talent, a two-decade-old Winston-Salem company opens its first off-site design center.

From the Philadelphia Business Journal. In the more than two decades since she opened Malena’s Vintage Boutique in West Chester, Pennsylvania as a recent college graduate, Malena Martinez has gone from living in her parents’ house to visiting the White House. She traveled to Washington, D. C., in March as part of eBay’s Small Business Ambassador Network program, coming away with the realization that small businesses across the country are seeking support for many of the same issues she's…

From the Charlotte Business Journal. U. S. Bancorp's Kimberly Edwards didn't know she would be working with small-business owners long-term when she started a banking career two decades ago, but it developed into a lifelong passion. She began working with underserved communities and businesses while in college. Edwards was then given the opportunity to work at one of the top national community development financial institutions headquartered in Durham.

Good morning readers. It's Thursday. We'll begin today with a cool restaurant story. La Cuchara, Hampden's Basque restaurant, has been recognized by an office within the Spanish Ministry of Industry for its cuisine. The restaurant is now officially part of the agency's Restaurants from Spain program, which notes the quality and authenticity of Spanish cuisine around the globe. In an Instagram post, La Cuchara said it was "honored" for the award and that there are fewer than 80 American restaurants…