Archives for the ‘Business’ Category

Healthy products for healthy living

Nov 21st, 2009 • Category: Business, Consumer

Organic foods, herbal supplements and natural vitamins are among the products stocking the shelves of store whose name explains its function. Nature’s Remedies opened Sept. 15, six weeks after the closing of the former health food store in the same location. The new shop is owned and operated by Pam Uhrina, Jean Jannasch and Leeann [...]



Indiana to share $4 million Labor Department grant

Nov 20th, 2009 • Category: Business, Government, Workforce

Idea is to find workers green jobs and retrain those who lose auto-related ones
Indiana is among three states sharing a $4 million grant from the U.S. Department of Labor to help workers find green jobs and retrain workers affected by the automobile industry contraction, Labor Secretary Hilda Solis said Wednesday.
The State Labor Market Information Improvement [...]



Weak home building a drag on economic recovery

Nov 20th, 2009 • Category: Business

The budding economic recovery isn’t getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.
Uncertainty over whether a homebuyer tax credit would be extended weighed down construction last month—a sign of how much the fledgling recovery depends on government support.
Home building unexpectedly plunged to its lowest point [...]



Homebuyer tax credit extension energizing sales

Nov 19th, 2009 • Category: Business, Government

Congress answers Realtors’ prayers

Congress’ recent extension and expansion of homebuyer tax credits is already bringing out buyers and may help extend the current modest rally in home sales, according to local real estate agents.
“It has been pretty active out there,” said Tim Reed, a Realtor with Century 21 Pace Estates in Valparaiso. “I was hoping [...]



State legislators return to Statehouse with reform on their minds

Nov 19th, 2009 • Category: Business, Government

State legislators return to Statehouse with reform on their minds

Reform was the word on everybody’s lips Tuesday at the Statehouse.
A brief “organization day” meeting of the General Assembly saw the introduction of proposals to add property tax caps to the Indiana Constitution, impose stricter limits and reporting requirements on lobbying and delay a scheduled hike [...]



Area businesses named as top small businesses

Nov 18th, 2009 • Category: Business, Technology

Task Force Tips of Valparaiso has been named a Small Business of the Year Finalist by the Indiana Chamber of Commerce. Omnitech Systems of Valparaiso was named a semi-finalist for the same award.
A South Bend-based company that provides friction welding technology and services was honored as the state’s Small Business of the Year by the [...]



Indiana environment funds feel pinch of budget cuts

Nov 18th, 2009 • Category: Business, Government

Indiana is dipping into a wide range of state funds, including several devoted to improving or protecting the environment and natural resources, as part of its latest steps to offset a steep drop in state revenues.
Twenty-three dedicated funds are on an initial list that Gov. Mitch Daniels’ administration expects to tap to combat the revenue [...]



Rich buying again, but middle class still hurting

Nov 17th, 2009 • Category: Business, Consumer

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower economic rungs are still scrimping by, heading to Walmart for the basics.
Recent earnings reports from major retailers suggest that the wealthy, who pulled back their spending the hardest during the [...]



This week’s BusINess newsletter out now!

Nov 17th, 2009 • Category: Business, Communications, Consumer, Government, Health Care, Technology, Transportation, Workforce

Check out BusINess’ weekly newsletter online or click here to subscribe and get the latest NWI business news delivered weekly, straight to your inbox.
Indiana one of handful of states “emerging” from recession, according to prominent forecasting firm; nearly all NWI casinos post October revenue gains, even as Majestic goes into loan default; officials in Schneider [...]



Fighting to win

Nov 16th, 2009 • Category: BusINess Story of the Week, Business, Government, Workforce

Efforts to grow Indiana’s economy during a rough recession are starting to pay off: Moody’s Economy.com, an economic forecasting firm, recently said Indiana is one of 11 states “emerging” from recession. Gov. Mitch Daniels said it’s because Indiana is “fighting this recession to win.”