nwitimes.com - Business Briefing
Friday, July 31st, 2020
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Business owners cite reasons for moving to Indiana

HAMMOND — “I hate Illinois,” Tom Dakich bluntly told members of the Lakeshore Chamber of Commerce Thursday at Dynasty Banquets. Read more

NWI Business Briefing

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WATCH NOW: Valparaiso walking companions are the greatest of all time

The Crème de la Crop farm has a dozen goats, with 10 now officially considered walking companions. Read more

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Trump offers, Democrats reject fix for $600 jobless benefit

WASHINGTON (AP) — With aid expiring, the White House offered a short-term extension Thursday of a $600 weekly unemployment benefit that has… Read more

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Hospital announces closure after operating nearly 170 years

Chicago’s oldest hospital announced Wednesday it will close next year after the state of Illinois failed to finance its merger with three other money-losing hospitals. Read more

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Versiti Blood Center urges COVID-19 survivors to donate plasma as cases rise

Versiti Blood Center is calling on people who have recovered from COVID-19 to donate plasma to help treat others. Read more

National Business Briefing

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Wages and benefits grow at slowest pace in 3 years

WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus recession. Read more

Thai court allows Cambodian class action against Thai firm

BANGKOK (AP) — A Thai court ruled Friday that several hundred families in Cambodia who were displaced from their homes may file a class action suit against the Thai company they believe was responsible, a decision hailed as trailblazing by land rights activists. Read more

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Hard-hit Massachusetts worries COVID-19 respite is fleeting

A backyard barbecue in the picturesque Cape Cod town of Chatham, Massachusetts, has led to more than a dozen new coronavirus infections. Read more

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US sinks another $2.1 billion into a potential vaccine

LONDON (AP) — Pharma giants GlaxoSmithKline and Sanofi Pasteur have announced they will supply 100 million doses of its experimental COVID-19 vaccine to the United States as governments buy up supplies in hopes something will work. Read more

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US consumer spending up 5.6%, but virus could stall gains

WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus' resurgence in much of the country could impede further gains. Read more

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3 Big Ways Social Security Could Change With a Biden Presidency

How would Democrat Joe Biden handle the program so many seniors rely on? Read more

Franciscan AlliancePeoples BankPurdue NorthwestNIPSCOMeyers Glaros Group
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