The Indiana Business Confidence Index is near its lowest level since the measurement began almost three years ago, but also suggests an uptick in employee loyalty. Walker Senior Vice President Bruce Kidd says the vast majority of survey respondents are proud to work for their company. However, many say they have been asked to take on additional work with no extra pay and do not believe they are receiving the training necessary for long-term careers with their employers. In an interview to air this weekend on Inside INdiana Business Television, Kidd says research suggests a lack of loyalty could cost companies $10,000 per employee.
Hicks Sees Positives in National Jobs Picture
Ball State University Economist Mike Hicks believes this morning's national jobs report is a sign that the economy is moving in the right direction. But he points out it could still take years to fully recover from the recession. The U.S. Labor Department says the national unemployment rate is 7 percent, which is a five-year low.
Virginia Tech Taps Purdue Provost For President
Virginia Tech University has named Purdue University Provost Tim Sands president. He has served as Purdue's chief academic officer since 2010. Sands was also interim president in West Lafayette, bridging the gap between France Cordóva and Mitch Daniels.
Indy Turns The Page on Century-Old Hospital
A ceremony has marked the transition of historic Wishard Hospital to Sidney & Lois Eskenazi Hospital and the Eskenazi Health campus in Indianapolis. The $754 million project has taken more than four years to complete. The old hospital will officially close tomorrow. During a recent interview on Inside INdiana Business Television, Health and Hospital Corp. of Marion County Chief Executive Officer Matt Gutwein outlines features of the new campus.
Springleaf Adds NFL Hall-of-Famer to Board
Evansville-based Springleaf Holdings Inc. has named Ronnie Lott to its board of directors. Lott players 13 years in the NFL and is enshrined in the Pro Football Hall of Fame. He previously served as a managing partner of a private equity firm.
Mayor's Vision Includes Sports Attractions
A concept that could draw a pair of out-of-state sports museums to northwest Indiana will face a preliminary hurdle next week. The Whiting Redevelopment Commission is expected to review the second phase of a feasibility study spearheaded by Mayor Joe Stahura. His vision includes a building that would house the Chicago Baseball Museum and be the new location of the National Mascot Hall of Fame.
Big Data Pipeline Comes to Small Town
Smithville Communications has completed a small Owen County town's conversion to high-speed fiber optic technology. The expansion in Gosport is part of an effort by the Ellettsville-based company to increase connectivity in rural areas throughout the state.
Old Building Gets New Life in Kokomo
Kokomo's downtown revitalization momentum continues with the announcement of a new restaurant. The Fox's Trail opens today in a former ice house that dates back to the 1870s.
Tennessee Hospital to Use Marian Nursing Program
Marian University in Indianapolis is partnering with a hospital in Tennessee. Saint Thomas Health will utilize the school's online accelerated nursing degree program to help deal with a shortage of nurses in that state and throughout the country.
Museum Marks Studebaker Anniversary
A St. Joseph County attraction is marking the 50th anniversary of the closure of the Studebaker Corp.'s South Bend Plant. The Studebaker National Museum is featuring an exhibit detailing the company's 111-year history in the city.
Pacers Broadcaster to Host Satellite Radio Show
Indiana Pacers radio broadcaster Mark Boyle will be a host on SiriusXM's new NBA Radio. The channel debuts Monday with a lineup that also includes former Pacer Sam Mitchell.
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