January 7, 2017 at 6:38 a.m.
FTC may act soon on merger
Business Roundup
The planned merger between Walgreens Boots Alliance and Rite-Aid may get the green light from federal regulators this month.
The New York Post reported this week that the Federal Trade commission is expected to make a decision on the merger before President-elect Donald Trump takes office on Jan. 20.
"It is most likely (FTC) Chairwoman Edith Ramirez addresses it before she leaves," a source close to the situation told the newspaper. The proposed merger was first announced in October 2015.
Once complete, it would create the country's largest pharmacy chain.
Annual meeting
The annual membership meeting of the Jay County Chamber of Commerce will be from noon to 1 p.m. on Thursday, Jan. 26, at the Jay Community Center, 115 E. Water St., Portland.
Business anniversaries will be recognized, and finalists for the Jay County Community Awards will be announced.
Reservations must be made by Jan. 20. To make a reservation, email [email protected].
Moves ahead
An amended F-1 form has been filed by Ardagh Group with the Securities and Exchange Commission in connection with the company’s planned initial public offering of stock.
The offering is valued up to $100 million.
Ardagh, parent company of glass container plants in Dunkirk and Winchester, plans to list its shares on the New York Stock Exchange under the symbol ARD.
Time to lead
Ivy Tech Community College will be offering a leadership development program from 8:30 a.m. to 12:30 p.m. on Wednesday, Feb. 1, at John Jay Center for Learning.
The course is aimed at new or prospective leaders and focuses on the skills needed to be an effective leader.
Cost of the class is $199.
To register contact, Carolyn Carducci at John Jay Center at (260) 729-5525, extension 233 or via email at [email protected].
The registration deadline is Jan. 25.
Former
intern honored
Kaytee Lorentzen, a former intern at The Commercial Review, has been honored as The Greater Bloomington Chamber of Commerce Young Person of the Month of January.
Lorentzen is the owner of Kaytee Lorentzen Photography (http://www.kayteelorentzen.org) and earned a bachelor’s degree in photography from Ball State University. She served as an intern at The CR in 2014.
Papal snack?
McDonald’s has opened a restaurant just around the corner from St. Peter’s Square in the Vatican, The Washington Post reported this week.
The newspaper said that a number of Roman
Catholic leaders and Vatican residents have spoken out against the presence of McDonald’s at that location.
"It's a controversial, perverse decision to say the least," Cardinal Elio Sgreccia was quoted as saying.
"Instead of a Golden Arches near the heart of the Roman Catholic Church, the space should be used to house entities which help the needy, in line with the pope's call for a 'poor church for the poor.’"
McDonald’s is renting the 1,765-square-foot space from the Vatican for about $31,000 a month, and a number of cardinals live in the same building where the restaurant is located.
The new restaurant is company-owned and not franchised, according to a spokeswoman.
New router
Comcast is reported to be planning to offer a new router with faster connection speeds for improved WiFi.
Business Insider reporated this week that the new router, which will not cost anything extra, will extend WiFi range, enable parental controls, and be easier to set up.
The new and greatly improved routers are expected to be rolled out to current Exfinity internet customers in the first half of the year.
Bird retiring
Longtime newspaper executive Henry Bird, who served a stint as publisher of The StarPress in Muncie, will retire March 31 from his current post as regional executive for Community Newspaper Holdings Inc.
Bird began his newspaper career when he was 16, working for The Irish Times in Dublin. He moved to the U.S. in 1968 to live with an aunt and graduated from the University of Montana in Missoula in 1972. He worked as an executive for Lee Enterprises, Central Newspapers, Pulitzer Newspapers, as well as CNHI. He’s a past president of the Hoosier State Press Association.
The New York Post reported this week that the Federal Trade commission is expected to make a decision on the merger before President-elect Donald Trump takes office on Jan. 20.
"It is most likely (FTC) Chairwoman Edith Ramirez addresses it before she leaves," a source close to the situation told the newspaper. The proposed merger was first announced in October 2015.
Once complete, it would create the country's largest pharmacy chain.
Annual meeting
The annual membership meeting of the Jay County Chamber of Commerce will be from noon to 1 p.m. on Thursday, Jan. 26, at the Jay Community Center, 115 E. Water St., Portland.
Business anniversaries will be recognized, and finalists for the Jay County Community Awards will be announced.
Reservations must be made by Jan. 20. To make a reservation, email [email protected].
Moves ahead
An amended F-1 form has been filed by Ardagh Group with the Securities and Exchange Commission in connection with the company’s planned initial public offering of stock.
The offering is valued up to $100 million.
Ardagh, parent company of glass container plants in Dunkirk and Winchester, plans to list its shares on the New York Stock Exchange under the symbol ARD.
Time to lead
Ivy Tech Community College will be offering a leadership development program from 8:30 a.m. to 12:30 p.m. on Wednesday, Feb. 1, at John Jay Center for Learning.
The course is aimed at new or prospective leaders and focuses on the skills needed to be an effective leader.
Cost of the class is $199.
To register contact, Carolyn Carducci at John Jay Center at (260) 729-5525, extension 233 or via email at [email protected].
The registration deadline is Jan. 25.
Former
intern honored
Kaytee Lorentzen, a former intern at The Commercial Review, has been honored as The Greater Bloomington Chamber of Commerce Young Person of the Month of January.
Lorentzen is the owner of Kaytee Lorentzen Photography (http://www.kayteelorentzen.org) and earned a bachelor’s degree in photography from Ball State University. She served as an intern at The CR in 2014.
Papal snack?
McDonald’s has opened a restaurant just around the corner from St. Peter’s Square in the Vatican, The Washington Post reported this week.
The newspaper said that a number of Roman
Catholic leaders and Vatican residents have spoken out against the presence of McDonald’s at that location.
"It's a controversial, perverse decision to say the least," Cardinal Elio Sgreccia was quoted as saying.
"Instead of a Golden Arches near the heart of the Roman Catholic Church, the space should be used to house entities which help the needy, in line with the pope's call for a 'poor church for the poor.’"
McDonald’s is renting the 1,765-square-foot space from the Vatican for about $31,000 a month, and a number of cardinals live in the same building where the restaurant is located.
The new restaurant is company-owned and not franchised, according to a spokeswoman.
New router
Comcast is reported to be planning to offer a new router with faster connection speeds for improved WiFi.
Business Insider reporated this week that the new router, which will not cost anything extra, will extend WiFi range, enable parental controls, and be easier to set up.
The new and greatly improved routers are expected to be rolled out to current Exfinity internet customers in the first half of the year.
Bird retiring
Longtime newspaper executive Henry Bird, who served a stint as publisher of The StarPress in Muncie, will retire March 31 from his current post as regional executive for Community Newspaper Holdings Inc.
Bird began his newspaper career when he was 16, working for The Irish Times in Dublin. He moved to the U.S. in 1968 to live with an aunt and graduated from the University of Montana in Missoula in 1972. He worked as an executive for Lee Enterprises, Central Newspapers, Pulitzer Newspapers, as well as CNHI. He’s a past president of the Hoosier State Press Association.
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