Economy Of The United States
Things are looking up for steelmakers after a rough patch during the economic downturn and a winter weather-chilled first quarter.
Demand for steel was relatively flat in the United States in 2013, but AcrelorMittal is expecting a 4 percent increase in demand and shipments this year.
Top steel executives visited Washington, D.C., to call on Congress to help make the industry more globally competitive.
SCHERERVILLE | Tired of the same old games?
Munster resident Linda Brady was impressed with the wide selection of clothes and home decor when she visited a Gordmans store in Valparaiso.
Signs will be changed over the weekend at 20 Citizens Financial Bank branches in Northwest Indiana and Chicago's south suburbs on the Illinois side of the border. They will reopen as First Merchants bank branches on Monday.
CHICAGO | The local manufacturing sector has been surging lately, but overall economic growth in the U.S. has been slow and anemic, according to an economist who spoke Thursday.
The steel industry got a boost from strong car sales in 2013, which hopefully should continue into this year, said Susan Zlajic, manager of government affairs at ArcelorMittal USA Inc.
Michigan City-based Horizon Bancorp, the parent company of Horizon Bank, is reporting the highest full-year profit in its history.
WHITING | The BP Whiting Refinery is giving 10 Lake County organizations grants they can use to reduce emissions, such as by using alternative fuels.
U.S. Bank has bought all of RBS Citizen Financial Group Inc.'s retail branches in the Chicago area, including local Charter One banks.
MERRILLVILLE | Amazon, Zappos and Overstock.com ate away for years at the Panel Processing Inc.'s bread-and-butter business, which was making paneling and fixtures for retail stores.
HOBART | Three major department stores will start their holiday shopping sales Thanksgiving night, and Hobart police will adjust patrols to deal with the traffic flow.
Most employees are accustomed to getting paid the moment they sit down at their desk or punch in at their workplace.
MERRILLVILE | Centier Bank reported $6.8 million earnings for the third quarter, which is down from the $7.2 million in profits the privately owned bank announced during the same period last year.
HOBART | In recent years, local steelmakers have made major investments in automated systems that scan the metal's surface for any flaws, to better meet the increasingly exacting standards of automakers and other customers.
U.S. Steel recently overhauled its leadership after years of losses and a cement-booted stock price that has sunk by about 90 percent since 2008, but an analyst warns a turnaround will not be easy.
Manufacturing in the U.S. is undergoing a renaissance, and Indiana is among the biggest beneficiaries, according to a newly released study.
United Auto Workers Local 551 invites community members to come learn about the union at an upcoming educational event.
Grocery stores have been getting by, but face headwinds that include fierce competition and increasingly cost-conscious customers.
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