nwitimes.com - Business Briefing
Tuesday, May 19th, 2020
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West Lake Corridor project completes major third-party agreements

The operator of the South Shore Line needed to reach agreements with organizations including the railroads and utilities it interacts with along the eight miles from Hammond to Dyer the West Lake Corridor will follow. Read more





NWI Business Briefing

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Steel imports fall by 13.9% during coronavirus pandemic

Steel imports fall by 13.9% during coronavirus pandemic. Read more

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JC Penney plans to close more than 240 stores

NEW YORK — J.C. Penney will close almost 30% of its 846 stores as part of a restructuring under bankruptcy protection. Read more

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Valparaiso YMCA sets reopening, safety guidelines

"Please be assured that your safety is our number one priority," according to the YMCA. "We have put careful thought and planning into our reopening." Read more

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South Shore ridership down more than 90%, but federal aid sustains operations

The Federal Transit Administration is distributing $25 billion in CARES Act support to transit providers across the country, including $73 million to the Northern Indiana Commuter Transportation District, operator of the South Shore Line. Read more

National Business Briefing

Dutch government asks prosecutors to probe tax office

THE HAGUE, Netherlands (AP) — The Dutch government reported its own taxation office to public prosecutors on Tuesday, seeking an investigation into possible discrimination in a long-running scandal centered on civil servants trying to track down parents fraudulently claiming child care benefits. Read more

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Millennial Money: Put off debt payments to start saving now

It’s our new normal: Tens of millions of Americans are unemployed or on a reduced income. We’re social distancing and spending more time at home. But one thing hasn’t changed — debts still have due dates. Read more

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The Latest: European Union urges all nations to back WHO

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. Read more

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Beaches, nightclubs? Europe mulls how to get tourists back

AYIA NAPA, Cyprus (AP) — The Mediterranean resort town of Ayia Napa is known for its boisterous parties. Each summer, thousands of young foreign tourists pack the dance floors of its nightlife district after a day at the beach. Read more

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Experts: Trump's threats to WHO could undercut global health

LONDON (AP) — Health experts say U.S. President Donald Trump's increasing attacks on the World Health Organization for its handling of the coronavirus demonstrate a profound misunderstanding of the U.N. agency's role and could ultimately serve to weaken global health. Read more

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Emotional Control Is the Most Important Factor in Successful Investing

Investors should keep feelings out of their trading decisions. Read more

Franciscan AlliancePeoples BankPurdue NorthwestNIPSCOMeyers Glaros Group
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