The Journal Gazette
Sunday, June 28, 2020 1:00 am


Area innovation center honored

staff, News services

The International Business Innovation Association has awarded the Northeast Indiana Innovation Center two awards: the 2020 Dinah Adkins Award and the Entrepreneur Center of the Year 2020: Mixed Use Award.

The InBIA recognizes high-impact, member organizations at the annual International Conference on Business Incubation, which is being held virtually this year because of COVID-19 pandemic.

The Dinah Adkins Award is one of two of InBIA's industry top honors and recognizes entrepreneurship centers with proven records of excellence. The Entrepreneurship Center of the Year 2020: Mixed Use Award recognizes organizations serving a broad range of companies and not focused on a specific industry niche.

Now celebrating its 20th year, the NIIC has implemented initiatives to serve female business builders, technology companies, health care innovators and emerging entrepreneurs from communities including people with disabilities, veterans, immigrants, rural residents, minorities, formerly incarcerated and the hardest to employ.

Survey: US fuel consumption up

Gasoline consumption in the U.S. is more than halfway back to pre-COVID-19 levels, according to the Oil Price Information Service, an IHS Markit company.

Fill-ups at the pump fell 49% from 2019 volumes during the second week of April. The most recent OPIS survey shows that demand was down 22% in the second week of June, compared with the year-ago period.

Gasoline sales have been climbing at an average of 6.4% per week since April, according to OPIS President Fred Rozell.

Hotel occupancy inching back up

U.S. hotel occupancy continues to improve, with some leisure destinations nearly back to the levels they saw prior to the coronavirus pandemic.

Occupancy stood at 44% the week ending June 20, STR, a hospitality data and consulting firm, reported last week. That was down 41% from a year ago, but it was still the 10th consecutive week of improvement for the industry.

In Panama City, Florida, hotels were 89% occupied, just shy of occupancy levels during the same week in 2019. Oahu, Hawaii, continued to have the lowest occupancy levels, of just under 14%.

Google to pay for news content

Google says it will start paying some publishers for their news content in a move that could pave the way for reduced tensions between the internet search giant and the beleagured news industry.

The company said last week it plans to launch this year a licensing program to pay publishers for “high-quality content.”

The program will start with local and national publications in Germany, Australia and Brazil, “with more to come soon,” Brad Bender, vice president of product management, said in a blog post. 

Bender described it as a “significant step forward” in how the company will support high-quality journalism.


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