MUNSTER – North West Indiana Bancorp, the holding company for Peoples Bank, has reported a fourth-quarter profit. Net income for the quarter was $1.1 million, up $7,000 from the same quarter in 2009. In 2010, the profit was $5.2 million, up from $2.5 million in 2009. “Peoples Bank continues to generate operating […]
BRUSSELS, Belgium – ArcelorMittal, which has steel plants in East Chicago and Burns Harbor, has announced that the cost of spinning off its stainless steel unit and higher raw material costs were responsible for a fourth quarter loss of $780 million, compared to a profit of $1.1 billion the previous year. However, the
MERRILLVILLE – The South Shore Convention and Visitors Authority has announced that two conventions will return to the Star Plaza this year. The Salvation Army and the United Council of Corvette Clubs will brings hundreds of thousands of dollars to the local economy. The Salvation Army will bring 3,000 people and approximately
By Marianne Markowitz Throughout my travels in Indiana and the Midwest, I see the challenges that small businesses face — finding ways and resources to meet the day-to-day operations. I can assure you that many of these challenges are being met thanks to the small business provisions in the Jobs Act, which was signed
CHESTERTON – U.S. Secretary of Transportation Ray LaHood will be the keynote speaker FOR “The Rail Summit” Thursday, March 24, at Sand Creek Country Club. He will address the role of freight, commuter, passenger and high-speed rail transportation in the northern Indiana economy. Also taking part will be U.S. Rep. Pete Visclosky, D-Merrillville,
MUNSTER – Employees at Bosak Honda did their part in October to raise money and awareness for breast cancer research. The dealership raised $2,760 for the Community Cancer Research Foundation. “Our sales staff dress in ‘Tough Enough to Wear Pink’ T-shirts and the receptionist wore a T-shirt that read ‘Fight Like a Girl.’
Valparaiso University’s MBA program is one of the best in the country, and has been cited by Princeton Review seven years running. But there was one problem-making it easy for full-time working professionals, who comprise two-thirds of the program’s enrollment, to get their degree. Many of them traveled and entertained for work, and then there
CROWN POINT – McColly Real Estate has been accepted for membership in RISMedia’s Real Estate Information Network. The network is reserved for firms committed to providing consumer with critical information necessary to make the best possible real estate decision. “Consumers today have an inadequate level of understanding about the process, opportunities and
MERRILLVILLE – The Quality of Life Council, the Lake County Advancement Committee and the Shared Ethics Advisory Commission will host a seminar, “Ethics in Government: Northwest Indiana at the Crossroads,” from 8 to 10:30 a.m. Friday, March 11, at Avalon Manor. The program is free, but reservations to attend are needed by March
Indiana’s deepwater port at Burns Harbor on Lake Michigan stokes the state’s economy to the tune of $14 billion a year and provides more than 104,000 direct and indirect jobs. It’s a key component of Northwest Indiana’s economic engine – and it could all disappear on Jan. 1, 2012, if an environmental provision put in
