Business | page 17


ITT Tech parent company to cease all operations

ITT Educational Services, the parent company of ITT Technical Institutes, is ceasing all operations Friday, a week after closing the doors at the national chain of for-profit colleges, according to a regulatory filing issued Wednesday.

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TUESDAY, SEPT. 13, 2016

Oil glut predicted into 2017 as supply outpaces demand

The much-anticipated rebalancing of oil markets appears to be a bit further away after the International Energy Agency revised its forecast, trimming its expectations for the growth in oil demand and citing near-record production by OPEC’s Middle East exporters. The agency said Tuesday that the global oversupply of crude oil would last until the second half of 2017. It said that world oil demand is rising at a slower pace than expected, and it lowered its forecast by 100,000 barrels a day to an increase of 1.3 million barrels a day in 2016 and 1.2 million barrels a day in 2017.

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Americans got raise last year for first time since 2007

In a long-awaited sign that middle-class Americans are finally seeing real economic gains, U.S. households got a raise last year after seven years of stagnant incomes. Rising pay also lifted the poorest households, cutting poverty by the sharpest amount in nearly a half-century.

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MONDAY, SEPT. 12, 2016

Why those Samsung batteries exploded

Lithium ion batteries show up in all sort of tech these days, from your phone and laptop to airplanes and electric vehicles. But a voluntary recall of some 2.5 million Samsung Galaxy Note 7 smartphones after reports of battery explosions is raising new concerns about their safety.

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The Dirt

Here's the dirt

See the latest new construction, business openings and closures and progress on ongoing projects here.


Weekend Wild Card — 10.22-23.16

Half the leaves are done from my beautiful clump birch in the front yard. I'll wait until they're all down to rake some out into the street and the rest ...

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