Local Business News
Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO | Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times.
Tumblr CEO's mom gushes over billion-dollar baby
NEW YORK | As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to drop out altogether to devote more time to his …
Small company stocks take the limelight
NEW YORK | Small companies took the limelight Monday on a slow but choppy start to the week.
New angel investment group starts in NWI
CROWN POINT | Northwest Indiana is now home to its own so-called "angel" investment group, the Lakeshore ArchAngels.
M'ville's CLR Auto Transport receives top award
CLR Auto Transport of Merrillville received a top award and special recognition at Diversity Business’ 13th Annual National Business Conference and Awards Ceremony at the Wynn Resort in Las Vegas.
Inside INdiana Business
Despite loss, IU's 'stock' remains strong
Inside INdiana Business
Despite loss, IU's 'stock' remains strong
Regional Mental Health Center, EEOC settle discrimination lawsuit
HAMMOND | The Regional Mental Health Center has agreed to pay $200,000 to settle a federal lawsuit stemming from its treatment of an employee with breast cancer, federal court records show.
Gary woman faces federal embezzlement, theft charge
HAMMOND | A Gary woman is accused in Hammond federal court of embezzling an undisclosed amount of funds from a region labor union, a federal indictment unsealed Tuesday shows.
Whiteco Industries sues over performance that resulted in a fire at Star Plaza
HAMMOND | The owners of Merrillville's Star Plaza Theater are suing the New Shanghai Circus and its affiliates, claiming the circus is responsible for a 2011 fire that caused nearly $600,000 of damage to the facility.
Inside INdiana Business
Ticket sales reflect demand
BP sues companies, claiming defects
HAMMOND | BP is suing five companies associated with a fireproofing material used in its multibillion-dollar modernization project at the Whiting Refinery.
M'ville man reaches settlement in construction-related lawsuit
HAMMOND | A Merrillville man has reached a legal settlement with the construction company he claims is responsible for burns he suffered after hot tar landed on his head and upper body, federal court records state.
Federal regulators close Crete-based bank, reopens under new name
WASHINGTON | Regulators closed a Crete-based bank on Friday, bringing to 43 the number of U.S. bank failures this year.
Tenor of negotiations differ in US Steel, Mittal contracts
The month of August is the home stretch for United States Steel Corp. and ArcelorMittal USA to forge new contract agreements with the United Steelworkers.
Partnerships may be key to land job training dollars
GARY | With high unemployment levels in some Northwest Indiana cities, a regional U.S. Department of Labor official called for higher levels of community collaboration to help put people to work.
U.S. Steel consolidating Gary Works locomotive operations
A small group of United States Steel Corp. employees at the Gary Works complex will be affected by a position consolidation in the plant's locomotive operations units.
Giant boiler being prepped for Indiana Harbor shipment
An executive from a Buffalo, N.Y.-based boiler erector said his firm is preparing to ship a more than 1-million-pound boiler to ArcelorMittal Indiana Harbor for an energy-efficiency project.
Centier Bank takes back Shannon Bridge lots
CROWN POINT | Centier Bank bought 23 lots Friday that were part of the stalled Briar Ridge development called Shannon Bridge in a Lake County Sheriff's Department property sale.
Rebuilding Together Duneland announces signature event
CHESTERTON | Saturday, April 30 marks Rebuilding Together's annual signature event, National Rebuilding Day, when tens of thousands of volunteers across the country will team up with Rebuilding Together's affiliates to repair homes, revitalize communities and restore the lives of homeowners …
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