Business

The Indiana Department of Workforce Development will conduct an open house in Columbus Nov. 16 for workers who have experienced a company layoff and may be eligible for free training and additional lifetime employment benefits even if they are currently working.

Purdue University civil engineering researchers are seeking patents for an “intelligent” architected materials technology that can withstand severe bending, compression, torque and other stresses without permanent deformation or damage. The materials can even “remember” their shapes, allowing them to snap back to their original forms after being damaged.

Many companies try to help their workers to save for retirement. Employers often offer 401(k)s, company matches and automatic enrollment to encourage saving.

Jasper-based German American Bank reported Monday its net income for the quarter ended September 30, 2023, totaled $21,451,000, or $0.73 per share, a decline of 3% on a per share basis, compared with the second quarter 2023.

Demand for electric vehicles (EVs) exploded post-COVID. Particularly on the coasts and in big cities, EVs became de rigueur among the “green energy” cognoscenti/early adopters, though EVs have actually been around since the 1830s, well before internal combustion (IC) came on the scene. The meteoric growth in supply and demand wasn’t due solely to EVs’ product appeal, but also the Biden Administration’s commitment to a “greener” future of 60% EV market share by 2030 and 67% by 2032.

HOPE — The new restaurant that opens Friday at the former location of Cornett’s Corner Cafe should have most, if not all, the old favorites remaining on the menu.

U-Haul Co. of Indiana, Inc. announced Wednesday that Kirts Truck Repair, 14154 E. State Road 46, has signed on as a U-Haul neighborhood dealer to serve the Columbus community.

Cummins Inc. announced Friday that Amy Davis will assume a dual leadership role within the company, taking over the helm of the company’s components business while maintaining her current role leading Accelera.

The Indiana Chamber of Commerce’s third annual Coolest Thing Made in Indiana tournament officially tips off Friday with online voting at www.indianachamber.com/coolestthing.

The madness surrounding GameStop (GME) in early 2021 captured the imagination of both professional/institutional investors (“smart money”) and amateur/retail investors (“dumb money”) alike, as the price surged from $18.84 (unadjusted for a 4-for-1 stock split in July of 2022) at the start of January and briefly touched $483 later that month, a gain of about 2,500%.