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Business

  • Jobless rate falls to 4.9%
    The bleeding stopped last month.Unemployment in metro Fort Wayne declined to 4.9 percent in August, compared with 6 percent in July – the third consecutive month the jobless rate fell.
  • Business leaders off to Japan
    John Sampson, president and CEO of the Northeast Indiana Regional Partnership, will lead a delegation of representatives from Fort Wayne Metals, Indiana Michigan Power and the LaGrange County Economic Development Corp. to Japan.
  • Metro area reports unemployment decline
    Metro Fort Wayne unemployment declined in August to 4.
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Briefs

Talent Initiative a success

Officials at the Northeast Indiana Regional Partnership on Wednesday hailed a program designed to jump-start the region’s talent pipeline.

The Talent Initiative has successfully gone after candidates in the aerospace/defense and advanced manufacturing industries, according to a report issued by the partnership.

The Talent Initiative began in 2009 as a result of a $20 million grant from Lilly Endowment Inc.

The initiative’s achievements include:

•A partnership with WorkOne Northeast that resulted in the training of 3,352 workers.

•A $2.6 million investment in advanced manufacturing equipment at Ivy Tech Community College that has been used by 1,216 students since 2010.

•Collaboration with IPFW and northeast Indiana defense/aerospace employers that resulted in the creation of two associate director positions, the Wireless Technology Center of Excellence, the Information Analytics and Visualization Center and a systems engineering lab.

The Northeast Indiana Regional Partnership was formed in 2006 to help build a globally competitive economy.

Lincoln National earnings rise 38%

Lincoln National Corp. on Wednesday reported first-quarter earnings of $329 million, or $1.21 a diluted share, a 38 percent increase over the $239 million, or 86 cents a share, posted for the same three months of 2013.

The Radnor, Pa., company also reported first-quarter revenue of $3.18 billion, a 12 percent increase over last year’s first-quarter revenue of $2.84 billion.

Lincoln, founded in Fort Wayne in 1905, reported earnings after markets closed.

Like other financial services companies, Lincoln manages investment and annuity accounts invested in the stock market.

Area health website hacked from overseas

Overseas computer hackers have accessed personal financial information for about 40 DeKalb Health patients, according to the Auburn-based health care provider.

DeKalb Health uses a third-party provider to operate its website. That provider’s computer system was hacked in mid-February and possibly again in late March.

The attacks were reported and investigated by law enforcement officials.

DeKalb Health, which announced the hacking Tuesday, notified affected patients after their identities were released by investigators.

The stolen information included names, addresses, Social Security numbers and credit card numbers in the first breach.

The second breach revealed all that information and more, including dates of birth, telephone numbers and medical insurance information.

“DeKalb Health deeply regrets that this incident occurred,” the organization said in a statement. Hospital officials are re-evaluating the relationship with that third-party service provider.

J&J will no longer sell fibroid removal device

Johnson & Johnson is halting sales of devices used to remove growths in the uterus following a government warning that the electronic surgical tools can inadvertently spread cancer to other parts of the body.

The FDA said there is a significant risk that the devices can grind up undetected uterine tumors, spreading the cancer to the pelvis, abdomen and other regions.

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