nwitimes.com - Business Briefing
Tuesday, August 25th, 2020
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Region unemployment falls to 10.6%, finally lower than during Great Recession

The Region's unemployment rate dipped again in July to the lowest point it's been since the coronavirus pandemic started. Read more

NWI Business Briefing

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First Midwest Bank declares dividend

The Chicago-based bank, which has an extensive footprint in Northwest Indiana, will pay 14 cents per share on the company's common stock. The dividend will be payable on Oct. 6 to anyone who owns stock as of Sept. 25. Read more

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Gary razes historic Memorial Auditorium where Jackson 5, Truman and Sinatra once took the stage

The historic structure at at the corner of Massachusetts Street and Seventh Avenue in downtown Gary has been razed to make way for a new housing development. Read more

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Business & Industry Hall of Fame moves online during pandemic

The Northwest Indiana Business & Industry Hall of Fame will induct its 2020 class in coming weeks, but instead of holding a traditional… Read more

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Commentary: This may be time for a Roth IRA conversion

Roth IRAs are generally considered among the most attractive retirement savings vehicles available to individual investors. They offer the … Read more

National Business Briefing

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German FM: A 'spark could lead to disaster' in eastern Med

ATHENS, Greece (AP) — Germany's foreign minister appealed Tuesday for a de-escalation of tension in the eastern Mediterranean between NATO allies Greece and Turkey, warning that “a spark could lead to a disaster.” Read more

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The Latest: Spanish PM offers military for contact tracing

MADRID — Spanish Prime Minister Pedro Sánchez has offered officials running the country’s 17 regions help from the military to conduct coronavirus contact tracing. Read more

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Asia Today: South Korea closes many schools again amid surge

SEOUL, South Korea (AP) — South Korea is closing schools and returning to remote learning in the capital region as the country counted its 12th straight day of triple-digit daily increases in coronavirus cases. Read more

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Kashmir group calls India’s internet ban 'digital apartheid'

SRINAGAR, India (AP) — A prominent rights group in Indian-administered Kashmir on Tuesday described a communications blackout imposed by India following its scrapping of the disputed region’s semi-autonomy last year “collective punishment” and urged the international community to question New Delhi over what it called “digital apartheid.” Read more

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Rap at auction: Biggie's crown and Tupac Shakur letters

NEW YORK (AP) — Rivals in life, the rappers Notorious B.I.G. and Tupac Shakur are being united for an auction at Sotheby’s, the first-ever dedicated hip-hop auction at a major international auction house. Read more

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AP-NORC poll: Many in US shoring up finances amid downturn

WASHINGTON (AP) — It's the paradox of a pandemic that has crushed the U.S. economy: 12.9 million people have lost a job and a dangerous rash of businesses has closed, yet the personal finances of many Americans have remained strong — and in some ways have even improved. Read more

Franciscan AlliancePeoples BankPurdue NorthwestNIPSCOMeyers Glaros Group
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