Business

John Castle, Southern Michigan Bank & Trust Chairman and CEO recently announced the promotions of officers Eric Anglin and Matt Moses. Anglin was promoted to Senior Vice President, Retail Banking Services/Chief Deposit Officer. He earned a bachelor’s degree in marketing from Tiffin University, and joined the bank in 2010. He advanced to the position of First Vice President, where he …

December’s unemployment rate in St. Joseph County was unchanged compared to the figure from the previous month. The monthly labor-market analysis by the Michigan Department of Technology, Management and Budget showed the county’s unemployment rate for December was 3.9 percent again. St. Joseph County was below the state unemployment average, which was 4 percent for the month. The agency said …

NEW YORK (AP) — Sears will live on— at least for now. The company’s chairman and largest shareholder and chairman, Eddie Lampert, won a bankruptcy auction for Sears in New York, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of anonymity because they were not authorized to …

American Airlines says closed-circuit television footage at Chicago’s O’Hare International Airport shows a 67-year-old woman in a wheelchair wasn’t left alone nearly as long as her family claims. American released a timeline that shows Olimpia Warsaw was alone 1 ¼ hours after her flight was canceled late Friday — during which time Warsaw twice used a walker to go outside …

A Cracker Barrel restaurant in southwestern Michigan will not reopen after a problem with salmonella. The Kalamazoo County health department says it was told about the closing last week. The agency says private tests revealed significant contamination at the Kalamazoo-area restaurant. Results from state tests are expected this week. The restaurant had reopened after closing in June due to health-code …

American Airlines is investigating how a 67-year-old woman in a wheelchair was left alone overnight at Chicago’s O’Hare International Airport when her flight was canceled. The incident, first reported by CBS 2 in Chicago , started Friday night when Olimpia Warsaw’s flight from Chicago to Detroit was canceled and a porter was assigned to take care of her. Her son, …

Michiganders are finding the lowest prices at the pump since April. The state average price for a gallon of regular unleaded is $2.72; 39 cents less than this year’s high, and the same as this time last year. Gas prices continued their downward trek last week, declining another 9 cents.  The state average declined for the 10th consecutive day on Sunday, for a total discount of 12 cents. Most …

The Michigan Public Service Commission has approved nearly $9 million in electricity rate cuts for customers of Indiana Michigan Power Co. because of utility savings from the federal corporate income tax overhaul. The panel on Tuesday said I&M residential customers who use an average of 500 kilowatt hours will see their monthly bills go down $1.82 beginning in September. I&M …

The Michigan Court of Appeals has rejected a lawsuit and ordered a minimum wage initiative on the November statewide ballot. The court ruled 2-1 Wednesday. The One Fair Wage proposal would gradually raise the state’s minimum wage to $12 an hour and also increase the minimum for workers who make tips. The state elections board last month had split 2-2 …

A special police unit is seeking to curb burglaries and thefts from businesses including recreational vehicle companies in northern Indiana. Police in the Elkhart County city of Goshen say their unit was formed to deal with such crimes in the city’s industrial areas. The department says thefts had been increasing over the last several months, with items such as televisions …