Business, Economy and Consumer Affairs

Below is Adam Davidson's latest New York Times Magazine column, "It Is Safe To Resume Ignoring The Prophets Of Doom...Right?" Read all of Davidson's Times Magazine columns here.

In his latest New York Times Magazine column, Adam Davidson argues that the U.S. should take a stronger stance against China's currency. To continue the discussion, we asked two economists on different sides of the debate to weigh in on the following question:

Should the U.S. take a harder stance on China's currency policy?

In his latest New York Times Magazine column, Adam Davidson argues that the U.S. should take a stronger stance against China's currency. To continue the discussion, we asked two economists on different sides of the debate to weigh in on the following question:

Should the U.S. take a harder stance on China's currency policy?

NIPSCO making improvements to Jasper Co. facility

Jan 27, 2012

 

Northern Indiana Public Service Company (NIPSCO) is taking strides to become more environmentally-friendly.

NIPSCO unveiled a project worth more than $75 million for equipment to reduce emissions from its plant in Wheatfield.

The contractor is Babcock and Wilcox Construction, based in North Carolina. Spokesman Ryan Cornell says the work will provide a boost for Indiana employment by creating up to 150 construction jobs.

New inpatient rehab hospital coming to Lafayette

Jan 26, 2012

A New Mexico-based company expects to bring 155 jobs to Lafayette. Ernest Health is setting up an inpatient rehabilitation hospital in the Cascada Business Park, near the Sycamore Springs clinic. Vice President of Development Angie Anderson says there is a need for this type of service in the Lafayette area. "We look at secondary markets that are usually under-served for free-standing, inpatient rehab.

Alcoa is expanding its footprint in Lafayette

Jan 25, 2012

Alcoa  is locating its new full-production aluminum lithium casting facility here.

The $90 million investment will bring 75 new jobs. The new facility will be adjacent to Alcoa’s existing plant at U.S. 52 and Main Street.

The city and Tippecanoe County government will provide training funds for the new employees. Alcoa already employs more than 700 workers.

The company’s long history with the Lafayette area began in 1937.

Quality Die Set Corp. expanding its Flora location

Jan 24, 2012

A mom-and-pop business started in Flora more than 40 years ago is expanding again.

Quality Die Set is hiring more people and buying $200,000 worth of equipment to handle new orders.

President and Owner Raymond Shank says some recent business agreements spurred the growth, and might make it possible to acquire an Illinois company in the near future. Shank says the company has come a long way since his father started it in a barn behind the family’s home.

Part of the area around the future intersection of Cumberland Avenue and U.S. 231 in Tippecanoe County may be rezoned.

The Tippecanoe County Area Plan Commission is recommending county commissioners give final approval. The two pieces of property are located on the west side of McCormick Road, north of Lindberg Road.

Booksellers and publishers are worried that Amazon is going to devour their industry. The giant online retailer seems to have its hands in all aspects of the business, from publishing books to selling them — and that has some in the book world wondering if there is any end to Amazon's influence.

Microsoft is under fire this week over a patent it was granted that's been dubbed the "avoid ghetto" feature for GPS devices.

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