BRUSSELS, Belgium – ArcelorMittal posted a $1 billion fourth quarter loss in 2011, compared to a loss of $780 million in the fourth quarter of 2010. The company attributed the loss on a declining European economy and one-time tax restructuring charges. For this year, the company said it expects demand for steel to increase by […]
HAMMOND – Greyhound has announced it is closing its bus terminal in Hammond after half a century of operation. Passengers can still board at the location, but the station itself will be closed. The only Greyhound station left selling tickets to passenger is the Metro Station in downtown Gary. The company said 20 buses a
PITTSBURGH – U.S. Steel Corp., which operates three mills in Northwest Indiana, announced a fourth quarter loss of $226 million in the fourth quarter. One year ago, the loss was $249 million. At the same time, the steelmaker announced revenue was $4.3 billion in the quarter, up 12 percent from one year ago. U.S. Steel
MUNSTER – NorthWest Indiana Bancorp, the parent company for Peoples Bank, has announced a 4 percent increase in earnings for 2011. Yearly profit was $5.4 million, said David Bochnowski, chairman and CEO. In the fourth quarter, Peoples posted net income of $1.4 million, up 24 percent on 2010. The bank announced assets of $651.7 million
PORTAGE – Walgreen’s has announced that it will purchase the prescription files and inventory from the soon-to-be close Kmart pharmacies across the country, including stores in Portage and St. John. Once the transfer is complete, anyone who has had a prescription filled at Kmart in the past two years will receive a letter from Walgreen’s
MERRILLVILLE – Methodist Hospitals has unveiled its new $1.5 million Surgical Navigation Suite. Through GPS and specially adapted computer instruments, surgeons will be able to more precisely perform procedures on orthopedic, spinal and neurological patients. The introduction of the system concludes several years of planning and months of construction and training, said Dr. Elian Shepherd,
WESTVILLE – Purdue University North Central’s Office of Career Development will hold its third annual Spring Career Day from 11 a.m. to 2 p.m. on Feb. 22 in the Library-Student-Faculty Building, Room 144. The fair will be an opportunity for students, faculty, staff, alumni and the public to network with representative of local business, government
SOUTH BEND – The Morris Performing Arts Center has announced that tickets are now on sale for comedian Daniel Tosh, who will appear at the center at 7 p.m. on Wednesday, April 18. Tosh is the host of Tosh.0 on the Comedy Channel. While the show is on hiatus, Tosh will visit 17 cities on
Daniel Tosh set for Morris Performing Art Center Read More »
SOUTH BEND – Mark Sherman has joined Gibson Insurance Group of South Bend as a consultant in the employee benefits practice. He will be responsible for guiding employees through their existing employee benefit program and assisting them implementation of new or redesigned programs to maximize return on their human capital. Sherman has 30 years of
SOUTH BEND – Gibson Insurance Group’s annual Healthcare Summit will be held from 8 to 11:45 a.m. on March 13 at the Century Center in downtown South Bend. The Human Capital Summit will focus on engaging employees. Speakers include Bart Halling, vice president of consumer solutions at United Healthcare; Deb Geihsler, principal at Activate Health;
