Tuesday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.
Indiana college grads
Indiana ranks as the 25th state for new college grads.
Go Banking Rates says Indiana might lag behind in how much of its population has a degree or is in their mid-to-late 20s, but its housing costs are among the best in the country, which help it land right in the middle of the rankings.
Purdue USDA location
Indiana is on the shortlist for the USDA’s partial move out of Washington, D.C.
The exact locations though are unknown.
The proposal was submitted by Purdue University, Indiana’s Economic Development Corp and Gov. Holcomb.
According to the USDA, Indiana’s proposal includes “multiple” locations.
The USDA wants to move some operations outside of the nation’s capital to save money and attract a more diverse workforce.
Save A Lot grocery
Save a Lot grocery stores may be looking to sell itself.
They have stores all over Indiana, including several in Indianapolis as well as Kokomo and Peru.
The chain is saddled with debt and facing fast-expanding competitors, the firm has hired investment Bank PJ Solomon to explore a deal.
Tomato prices
Tomato prices could take off from recent lows as the U.S. is set to withdraw from a pact with top supplier Mexico.
The “Tomato” Suspension Agreement will expire Tuesday, triggering prices increases on tomatoes from Mexico to the U.S.
The decision was made in part to protect growers in Florida.