GARY – Fitch Ratings, one of the three major credit rating agencies, has upgraded Methodist Hospitals bond issues to BBB from BBB-. The upgrade is the second such move by the ratings agency in the past 12 months. The ratings agency cited Methodist’s sustained operating performance in making this latest upgrade, including strong profit margin, […]
Local banks prosper even in tough economic times. by Michael Puente For the all the negative national economic news surrounding underwater mortgages, foreclosures and companies that can’t secure loans for new initiatives, Northern Indiana as a whole isn’t fairing too badly and is actually doing much better than other parts of the country. That’s according
HAMMOND – SportsIndiana.org has received a facelift. The new site is more user-friendly and includes features such as an interactive community map, individual community sports venue pages, membership information and information on the sports tourism business in Northwest Indiana. “This new website greatly simplifies the process of applying for and submitting grant requests for the
MISHAWAKA – The Michiana Chapter of the American Marketing Association will meet at 11:30 a.m. Tuesday, Nov. 13, at the Windsor Park Conference Center in Mishawaka. Author and consultant Mark Hubbard will be the guest speaker and will talk on executive leadership and management. He is an independent consultant with more than 25 years of
MERRILLVILLE – The Dow Jones Sustainability Index has added NiSource Inc. to its list. It is one of two North American natural gas companies included in the listing. Last year, NiSource reported a 40 percent shareholder return and $1.13 billion in capital investment. In addition, the company also was working on a $550 million desulfurization
DYER – Hoosier Daddy BBQ Sauce, made in Dyer, has been included on the menu for events at Soldier Field in Chicago, including home football games for the Chicago Bears, for the next three seasons. Owner Kim Foy said it will be used on Soldier Field’s brisket, pulled pork and other food offerings. The company
Our annual roundup of answers to business law queries. by Michael Puente Summer is the time for beaches, backyard barbeques and just having fun. But it’s also a time for Hoosiers to adjust to new laws passed by the Indiana General Assembly back in the spring. Indiana has a host of new laws – namely
GARY – James Ward has been named marketing liaison for the Gary/Chicago International Airport. Ward has signed a nine-month contract with the airport at $1,000 a month. The primary responsibility for Ward will be spread the word about Allegiant Air services at the airport. In addition to its scheduled flights to Florida, Allegiant also provides
The timing of business valuation is important. When a business owner divorces in Indiana, the business is most often inventoried as a marital asset, and must be valued for purposes of equitable distribution between husband and wife. The date of valuation can be a critical issue. Indiana uses the date of filing as the date
Reduce costs and boost productivity, retention and morale. Test. Just the word may make your palms a little sweaty. But employers have no need to sweat over pre-employment tests. This is a test you want as a strategic part of your hiring process. Employers face a number of human-resource challenges, a number of reasons to
