Business Briefing
nwitimes.com - Business Briefing
Thursday, February 22nd, 2018

Peoples Bank pushes into Illinois with agreement to purchase Orland Park bank

Peoples Bank has served Northwest Indiana for 108 years and now is making its first push to grow out of state in an era of increasing bank … Read more

NWI Business Briefing

Global energy demand to rise by a third by 2040, BP forecasts

BP forecasts global energy demand will grow by a third because of fast growth in developing economies. Read more

UPDATED: Schools, businesses, services closures and delays for Wednesday, Feb. 21

The following schools, businesses and services will be closed or will open late. Check back frequently with nwi.com for updates. Read more

South Shore Clean Cities members reduced greenhouse emissions by 108,000 tons

All across the Region, companies and municipalities are switching their fleets from diesel and gasoline to cleaner-burning fuels that reduc… Read more

UPDATE: Schools, businesses, services closures and delays for Tuesday, Feb. 20

The following schools, businesses and services will be closed or will open late. Check back frequently with nwi.com for updates. Read more

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Northwest Indiana seniors can safely go up and down stairs in their homes

Chairlifts provide a means for seniors to be independent in their own homes

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Veterans in Northwest Indiana could receive up to $42,000

Veterans who served their country may be eligible for extra benefits.

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National Business Briefing

Boeing's 737 MAX 9 Wins FAA Certification, but It's Already Dead in the Water

Boeing's (NYSE: BA) 737 MAX 9 -- the second variant of its upgraded 737 MAX family of single-aisle planes -- is finally ready for action. Last Friday, the aerospace giant announced that the FAA had issued an amended type certificate for the MAX 9. This will allow Boeing to begin deliveries to customers, including rapidly rising Southeast Asian carrier Lion Air and United Continental (NYSE: UAL). Read more

Focusing on Product Depth Still Works Wonders for Apple, Inc.

One of Apple's (NASDAQ: AAPL) greatest strengths has long been its emphasis on product depth over product breadth, focusing intently on developing a handful of things extremely well instead of spreading itself too thin across a large number of products. Consider the iPhone lineup, which incredibly grabbed over half of global smartphone revenue in the fourth quarter. The company released three new models last year. That's it. Read more

Walmart Gets Hammered on Lower E-Commerce Growth

Going into Walmart Inc.'s (NYSE: WMT) fourth-quarter and full-year 2017 financial report, investors were feeling pretty confident. The company had put up several quarters of solid sales growth and increasing comps, but it was the impressive e-commerce gains that had investors convinced that Walmart could effectively counter its online nemesis, Amazon.com. Walmart had seen more than 50% year-over-year e-commerce growth in each of the past three quarters, and investors were hoping for more of the same. Read more

IBM Watson Finds Its Way Into Games and Virtual Reality Applications

International Business Machines (NYSE: IBM) CEO Ginni Rometty said in late 2016 that Watson, the company's artificial intelligence (AI) platform, would be used by more than 1 billion consumers, directly or indirectly, by the end of 2017. Healthcare may be the biggest opportunity, with Watson involved in a slew of initiatives aimed at improving patient outcomes. Read more

The Cheesecake Factory Incorporated (CAKE) Q4 2017 Earnings Conference Call Transcript

Image source: The Motley Fool. Read more

Snapchat's Redesign Threatens to Undermine the Good Earnings News

It's one step forward, two steps back for Snap (NYSE: SNAP), which was basking in the glow of a better-than-expected earnings report, only to be lambasted by, well, just about everyone over a seemingly botched app redesign. Read more

Franciscan AllianceArcelorMittalPeoples BankNIPSCO
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