Business, Economy and Consumer Affairs

The timekeepers at the International Telecommunication Union's Radiocommunication Assembly, who were supposed to decide this week whether to keep or eliminate the leap second, have decided to take some more time to decide.

Three years, apparently, the BBC reports.

The experts, it says, "were unable to reach a consensus, so moved the matter to a meeting in 2015."

Old mattresses are among the worst kinds of household waste: Most recycling companies won't touch them, and landfills would rather not. But a new business in Nashville that started as a college project hopes to move mattress recycling into the mainstream — and employ former convicts in the process.

More than 3,100 companies flocked to the Consumer Electronics Show this year to hawk their wares. The show's host, the Consumer Electronics Association, estimates that roughly 20,000 products were launched at the show this year. And chances are good that many — maybe even most — will fail.

The show will close its doors Friday, and many of the little companies and entrepreneurs that are packing up may not make it back next year. Still, their hustle is infectious. And with luck, a few startups launched here this year could go on to become huge.

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DAVID GREENE, HOST:

You may wonder what all this means for that morning staple, Florida orange juice. Steve Newborn of member station WUSF in Tampa went to find out.

(SOUNDBITE OF VEHICLES)

This year's auto show in Detroit could set the stage for a shake-up in the fiercely competitive — and hugely profitable — luxury car scene. That's because there's a new kid on the block, and its name is Cadillac.

The General Motors company says its new small, high-performance ATS will allow it to compete for the first time with Audi, Mercedes-Benz and BMW. But getting a brand-new luxury car like the ATS ready for market can be a grueling process.

Metal processing plant coming to Montgomery County

Jan 11, 2012

A metal processing company is building a new factory in Crawfordsville.

Herr-Voss Stamco will construct the 20,000 square-foot facility in the Nucor Road Industrial Corridor, southeast of the city.

The company is expecting to employ 25 people in high-wage positions at the location by 2014.

The Indiana Economic Development Corporation is offering Herr-Voss Stamco up to 225-thousand dollars in conditional tax credits based on the job creation plans.

Construction of the plant is scheduled to begin this year.

The Tippecanoe County Redevelopment Commission is recommending moving forward with a deal that would build a fiber optic network in the area.

Evansville-based Cinergy Metronet is proposing installing fiber that would be available to most homes and businesses in the county.

But company officials say first the county must establish a tax increment financing district to enable Cinergy Metronet to secure a bond of up to six-million dollars for startup costs.

Local organizations are joining forces to promote responsible leadership for non-profits.

Registration is now open for the 2012 Douglas Eberle Board Governance Series.

The program is a collaboration of the Community Foundation of Greater Lafayette, United Way, and North Central Health Services. It is aimed at strengthening and sustaining boards at institutions in Tippecanoe and surrounding counties.

Those opposed to a Right to Work measure in the Indiana General Assembly are getting their side mobilized in the Lafayette area.

The end could soon be near for Kodak, and the iconic film manufacturer may have itself to blame.

Kodak, based in Rochester, N.Y., could be headed into bankruptcy over the next few weeks. The company has seen its profits plunge in recent years, largely because of the popularity of digital cameras.

Kodak is trying to move into new product lines like inkjet printers, but in the meantime it's attempting to raise cash by selling off some of the patents it's developed over the years.

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