nwitimes.com - Business Briefing
Friday, August 28th, 2020
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Great Lakes steel production rises by 16,000 tons but still down significantly this year

Great Lakes steel production rose by 16,000 tons last week, according to the American Iron and Steel Institute. Read more

NWI Business Briefing

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Elevate Nexus awards startup funding to Purdue Northwest

Elevate Ventures, an Indianapolis-based venture capital company, awarded $164,000 in grants to encourage entrepreneurship around the state, including in the Region. Read more

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Franciscan Health now providing athletic trainers to Lake Central High School

The Lake Central School Corp. recently struck a deal with Franciscan Health to provide sports medicine services after its high school, alon… Read more

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Luxury homebuilder becomes AR Homes franchisee

Newcastle Homes – NWI, Inc. became a franchisee of Arthur Rutenberg Homes, a network of independently owned and operated franchised homebuilders in Indiana, Florida, Alabama, Georgia, North Carolina, Ohio, South Carolina, Tennessee, Virginia and Texas that dates back to 1953. Read more

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Porter County Community Foundation CEO appointed to Porter Regional Hospital Board

Porter County Community Foundation President and CEO Bill Higbie has been appointed to serve on Porter Regional Hospital’s Board of Trustees. Read more

National Business Briefing

UK to allow emergency use of any effective COVID-19 vaccine

LONDON (AP) — Britain is preparing to revise its laws to allow the emergency use of any effective coronavirus vaccine before it is fully licensed — but only if the shots meet required safety and quality standards. Read more

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Social Security Benefit Cuts Have Already Hit Retirees -- Are You Prepared for Things to Get Worse?

Have you noticed your buying power has fallen? Read more

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Asia Today: South Korea tightens distancing as cases mount

SEOUL, South Korea (AP) — South Korea is tightening social distancing restrictions in the greater capital area, requiring restaurants to provide only deliveries and takeouts after 9 p.m. and shutting down gyms and after-school academies. Read more

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US consumer spending rose a moderate 1.9% in July

WASHINGTON (AP) — U.S. consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from the grip of a pandemic that has held back a recovery and kept roughly 27 million people jobless. Read more

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The Latest: LA to file charges over recent house parties

LOS ANGELES — Los Angeles plans to file criminal charges over recent parties in the Hollywood Hills, held despite a city ban on large gatherings during the coronavirus pandemic. Read more

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Japan PM Shinzo Abe says he's resigning for health reasons

TOKYO (AP) — Japan's longest-serving prime minister, Shinzo Abe, said Friday he is stepping down because a chronic health problem has resurfaced. He told reporters that it was “gut wrenching” to leave many of his goals unfinished. Read more

Franciscan AlliancePeoples BankPurdue NorthwestNIPSCOMeyers Glaros Group
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