Articles

City program gives firms incentive to hire ex-offenders

A pilot project is providing jobs for 70 ex-convicts, with their $10-an-hour wages covered
by Uncle Sam for six months. City officials hope they can then transition into other jobs or receive recommendations that
help them to find other work.

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Obama unveils 2011 budget with $3.8 trillion in spending

The president’s budget offers tax cuts for businesses, including a $5,000 tax credit for hiring new workers this year, help
for the unemployed and $25 billion more for cash-strapped state governments. Job creation will take precedence over stemming
a surging deficit.

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Consumer confidence up in December

The rise was fueled by a long-term outlook on jobs that reached its highest level in two years, but the reading of 52.9 is
still far short of the 90 that would signify a solid economy.

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Setbacks in diabetes market batter Roche

Roche Diagnostics Corp., once the darling of the U.S. diabetes-device market, is now licking its wounds. And
it’s mulling whether to keep fighting on all fronts or to pull back.

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Auto parts maker to add 130 jobs in Princeton

Automotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.

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