Indianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing. More.
GM spokesman Kevin Nadrowski says officials at the Kokomo Integrated Circuit Fab plant met with 375 workers Wednesday to
say they're "assessing the business model at the plant based on recent business developments." More.
NHK Seating of America's plant in Murfreesboro is expected to employ up to 224 workers when all phases of production are operating
in 2015. More.
A Houston minister accused of using money borrowed to build a new church to buy a mink coat and a Mercedes Benz missed his
initial hearing in Indianapolis on Tuesday. More.
Pennsylvania's tax revenue from commercial casinos approached $1.1 billion in the fiscal year that ended June 30. Indiana
was second with $878 million and Nevada third with $831 million. More.
BP PLC says Tony Hayward will step down as chief executive officer on Oct. 1, to be succeeded by American Robert Dudley. More.
About 100 Lockheed Martin were overcome by exhaust fumes that came from a semi-tractor for an IndyCar team that was switching
trailers at the industrial park building near Indianapolis International Airport. More.
The housing market had boomed earlier in the year on the strength of federal tax credits. Since they have expired, the number
of people looking to buy has dropped even with the lowest mortgage rates in decades. More.
With Jamie McMurray's victory in the Brickyard 400 on Sunday, owner Chip Ganassi claimed the first
team triple crown
in American auto racing: winning the Daytona 500, Indianapolis 500 and Brickyard 400 in the same year. More.
The win was huge for Earnhardt-Ganassi Racing, which this time last year was struggling to prove the team was stable and capable
of competing for wins. On Sunday, Chip Ganassi became the first team owner to win the Daytona 500, Indianapolis 500 and Brickyard
400 in the same season. More.
Community banks may soon be able tap a $30 billion government fund to help them increase lending to small businesses. More.
Muncie's mayor says 25 laid-off firefighters will soon be back on the job after the city reached a deal to provide fire
protection for some areas outside the city limits. More.
Investors are focused on whether Eli Lilly and Co. can continue dividend payments when patent expirations hit in the new few
years and whether the company's drug development pipeline can replace lost revenue. More.
The sharp increase comes after claims fell steeply two weeks ago to their lowest level since August 2008. But much of that
drop was driven by temporary seasonal factors and not an improving job market. More.
Rep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law's repeal. More.
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months. More.
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said. More.
Indiana Family and Social Services Administration attorneys do not believe federal law was broken when officials balanced
food stamp
payments against a state-run supplemental aid program. More.
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement. More.
The Indiana Department of Environmental Management says the rule would impact sewage treatment plants upstream of lakes. More.
Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and
fewer cutting jobs, but the pace of growth has slowed, a new survey shows. More.
The victims from three shootings Saturday night in a downtown crowded with visitors for Indiana Black Expo were reported to
be in good condition on Sunday. Eight were shot in the initial round of gunfire near Circle Centre mall. More.
Todd Leary of Carmel pleaded guilty in court Thursday to a felony charge of misappropriating title insurance escrow funds.
His agreement with prosecutors calls for him to face up to three years in prison, with that cut in half if he pays nearly
$295,000 in restitution. More.
Indiana and other states face a struggle as they grapple with putting the health care changes into place in a relatively short
span of time while they also contend with the economic downtown and strained state budgets. More.
Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to eclipse the
more than 900,000 homes repossessed in 2009. More.
The racing company's only operations outside of Italy could create more than 80 new jobs in the Indianapolis area. More.
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana. More.
The opinion presents a complication for districts like Franklin Township Schools on the south side of Indianapolis, which
had been counting on charging a bus fee of about $75 per rider beginning this fall. More.
Tuition will range from $350 to about $1,050 a semester depending on the number of days a child attends. More.
The Higher Education Opportunity Act requires schools to fight illegal distribution of copyrighted material and educate campus
communities about the issue. Schools that don't comply risk losing their eligibility for federal student aid. More.
Lawsuit alleges Indiana's social services agency illegally counts food stamps as income, resulting in a reduction of state
benefits paid to developmentally disabled people in a Medicaid waiver program. More.
The Logansport State Hospital will have 355 workers laid off and 80 vacant positions eliminated under the plan, while 106
people will lose jobs at the Richmond State Hospital. More.
Engineered Plastic Components decision will cost 75 workers their jobs at the former Innatech plant. More.
State officials expect more backyard fireworks shows this year because budget problems have forced many municipalities to
cancel large professional fireworks displays. More.
Cummins Inc., the Columbus-based maker of diesel truck engines and generators, expects to boost India sales about 40 percent
this year as economic growth spurs road traffic and demand for electricity. More.
For-profit colleges like ITT Technical Institutes need tougher oversight and regulation, according to a report from a Democratic
Senate committee chairman that questions the industry’s advertising spending, tuition costs and reliance on taxpayer
money. More.
Ohio's governor has asked state environmental regulators to come up with a way to save 214 jobs at a northwest Ohio plant
that is considering a move to Indiana. More.
Purchases of new homes in the United States fell in May to a record low as a federal tax credit expired, showing the market
remains
dependent on government support. More.
The hiring follows Toyota's announcement this month that it would move some of its Highlander SUV production from Japan to
the Princeton plant. More.
A small brewery in southern Indiana plans to start selling its beer around the state as a new facility will boost its production
capacity by 1,000 percent. More.
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford. More.
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker
used to flee police. More.
University officials told trustees a $17 million annual shortfall will lead to higher expenses later. More.
Addition of University of Nebraska to conference in 2011 will lead to football playoff. More.
Nebraska may be heading to the Big Ten, Colorado is leaving the Big 12, and a host of other college athletic moves could be
on tap. More.
The leader of Indiana's largest teachers union says if Congress approves up to $300 million for Indiana schools, it could
save as many as 7,200 public school employee jobs, including those of Indiana teachers, teaching assistants and bus drivers. More.
Wooden led Martinsville High School to the Indiana state basketball championship in 1927, became an All-American player at
Purdue University and went on to win 10 national titles as coach of UCLA. More.
The State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion
below the budget passed by the General Assembly in June 2009. More.
Die-hard Indianapolis Indians fans who bid on shares of the minor-league baseball team's stock will soon know if they
own a piece of the club. More.
Franchitti's earnings were part of an overall purse of $13,592,815. The paychecks were announced at the annual victory dinner
Monday at the Indianapolis Motor Speedway. More.
The economic recovery last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to
stay high this year. More.
Kruse's attorney said his 69-year-old client would like to find some way to keep the annual auction alive, possibly by finding
another auction company to run this year's event. More.
Indiana Gov. Mitch Daniels used the story of a blackjack player's lawsuit in telling Franklin College graduates about using
skill to push the odds in one's favor. More.
The Girl Scouts of Central Indiana says a study found that the four sites need significant renovations to reach current safety
codes. More.
Ivy Tech Community College is set to start new construction at a former hospital site next to its downtown Indianapolis campus. More.
Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week, the Labor Department
said Thursday. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February. More.
An April report to the Indiana Utility Regulatory Commission shows that the area code has exhausted 91 percent of its prefixes. More.
Indiana Rep. Mark Souder announced Tuesday he would resign from Congress, effective Friday, because he had an affair with
a staffer. More.
The U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said. More.
Southern Wine & Spirits plans to spend about $4 million to open a warehouse in central Indiana with more than 50 workers. More.
The low turnout could be due in part to the number of people who sought ballots early this year. More than 96,000 early and
absentee ballots were issued statewide. More.
The race for Steve Buyer's seat became a three-month sprint among 13 candidates after he announced in late January that he
would retire after 18 years in Congress. More.
In Indiana this fall, Coats will face Democrat Brad Ellsworth, whose nomination is assured. The candidates are seeking the
seat held by retiring Democratic Sen. Evan Bayh. More.
Voters will nominate candidates in more than 30 Indiana House primary races Tuesday, completing matchups for November's general
election that will determine control of the narrowly divided chamber. More.
The number of Indiana plants, warehouses and offices sending jobs abroad since the recession began in December 2007 is more
than double that of past economic downturns. More.
Daniels cites unacceptable financial risks to state in announcing federal government will establish such coverage here. More.
The increase was the biggest quarterly gain since a similar 0.6-percent rise in the third quarter of 2008. More.
Sallie Mae says a new law that cuts banks out of the federal student-loan business is costing 2,500 workers their jobs in
Florida and Texas, but the cuts won't hit Indiana in 2010. More.
A federal judge has rejected Guidant Corp.'s guilty plea to charges it hid defects in heart defibrillators, after some
doctors and patients complained about the $296 million deal. More.
General Growth Properties Inc., the second-biggest U.S. mall owner, said a bankruptcy court hearing on its auction process
will be delayed five days to give the company time to consider competing bids, including one from Indianapolis-based Simon
Property Group. More.
Clarian Health officials on Thursday plan to buy four helicopters as it replaces aircraft in its aging patient-transport
fleet. More.
PNC Bank has about 80 bank branches and 1,100 employees in the Indianapolis area, all doing business under the National City
name. More.
Indiana is among the nation's five most underfunded teacher pension programs, but low ranking is misleading. More.
Indiana received just over $14 per capita and ranked 48th among all states, down from 43rd in 2009. More.
Duke Energy says the cost of the coal-gasification power plant it's building in southwestern Indiana has risen by $530 million. More.
The proposed plan will expand the Indiana National Guard's Camp Atterbury, bring economic development to south-central
Indiana, and open a new fish and wildlife area in Putnam County in western Indiana. More.
Bank of America Corp. is arranging a five-year loan that will be sold at a discount of 98 cents to 98.5 cents on the dollar,
according to a source who declined to be identified because the discussions are private. More.
An Indianapolis man sued the Grand Victoria Casino and Resort after it banned him from the blackjack table in 2006. The casino
won the suit, but the state appeals court reversed that decision. The casino asked the high court to weigh in. More.
More than 48 million viewers watched at least some of Monday night's game, the most since 50 million tuned in for Arizona-Kentucky
in 1997. More.
It was the third runner-up finish for the city in the past six months. The Indiana Fever lost in the WNBA finals, the Indianapolis
Colts lost the Super Bowl and now Butler. More.
After plummeting along with the rest of the economy, the price of scrap metals is surging upward. More.
Purdue announced Friday that the new contract gives Matt Painter a $1.3 million base salary, plus up to $1 million of incentives
for academic, athletic and attendance performance. More.
The NCAA said IUPUI allowed erroneous eligibility certification for 97 student-athletes from 2003-04 through 2006-07, demonstrating
a lack of institutional control and a failure to monitor by the university. More.
About eight hours after Butler beat second-seeded Kansas State 63-56 to reach the first Final Four in school history, the
Bulldogs returned home to a large crowd and loud cheers. More.
New claims for unemployment benefits fell more than anticipated last weekpartially due to changes in the calculationsas
layoffs ease and hiring slowly recovers. More.
Carmel-based insurer Conseco Inc. will ask shareholders to approve changing the company’s name to CNO Financial Group,
the company said Thursday morning. More.
Indianapolis-based Eli Lilly and Co. sued rival drugmaker Hospira Inc. to prevent it from selling a generic version of the
cancer drug Gemzar before a patent on the medicine expires in 2013. More.
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court. More.
To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000. More.
Republican precinct committee members selected a replacement of Lincoln Plowman, who resigned earlier this month. More.
A central Indiana school district could see 20 percent of its jobs cut for next school year as it works to close a multimillion-dollar
budget deficit. More.
Indiana Gov. Mitch Daniels signed 23 bills into law on Wednesday. More.
An attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that many
are facing hardship, and that the order should be stayed pending an appeal to a federal district court judge. More.
Blue Cross of California has been ordered to reimburse a man $206,000 after he paid for his own liver transplant. More.
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator. More.
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group's
$26 million operational budget. More.
The NCAA is discussing whether to expand the 65-team men's basketball tournament, a topic with no shortage of controversy
and opinions. More.
Negotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week. More.
GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving
them the option to remain with the automaker. More.
Lawmakers hoped to adjourn by midnight, days before a March 14 statutory deadline for finishing business, but are still bogged
down on several issues. More.
The Indiana General Assembly approved a bill that lets workers keep firearms locked in their cars in trunks or out of sight
while parked on company property. More.
General Growth Properties Inc. may favor a risky bid from Brookfield Asset Management Inc. because of that company’s
agreement with William Ackman’s Pershing Square Capital Management LP, creditors said in court documents. Simon Property
Group also has bid to acquire the bankrupt company. More.
A consumer watchdog group filed a lawsuit Monday against WellPoint's California subsidiary on behalf of policyholders, claiming
they were pushed to take coverage with fewer benefits and higher deductibles. More.
The bill now likely will go to a House-Senate conference committee to try to resolve the House-passed and Senate-approved
versions of the bill. More.
The most sweeping Indiana legislation in years to tighten ethics and lobbying rules cleared the state Senate 50-0 Thursday
and appeared headed soon to Gov. Mitch Daniels for his signature. More.
The House has approved legislation that would ban smoking in public places statewide except casinos and pari-mutuel horse
racing venues. More.
General Growth Properties Inc. plans to split in two to exit bankrupty and will receive $2.63 billion in capital from Brookfield
Asset Management Inc More.
Indiana University's president says IU this fall will launch a $1.1 billion fund-raising campaign aimed at expanding the IUPUI
campus' life science programs. More.
Three major U.S. drugmakers said they have formed a not-for-profit company in Asia to focus on cancer research and treatments. More.
Brookfield Asset Management Inc. plans to bid for a stake in General Growth Properties Inc., beating an offer by Indianapolis-based
Simon Property Group Inc. for the bankrupt shopping mall owner, the Wall Street Journal reported. More.
Bayh, who announced last week that he would not seek a third term in the Senate, has wide legal flexibility in directing the
$12.2 million left in his campaign account. More.
An Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers
pay into the state's bankrupt unemployment insurance fund. More.
The only Democrat seeking to run for the Senate seat being vacated by Sen. Evan Bayh has missed out on qualifying for Indiana's
May primary ballot. More.
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official. More.
Indiana Gov. Mitch Daniels and three other governors of states with Toyota plants are calling on Congress to be fair to the
automaker in hearings concerning safety recalls. More.
The Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M*A*S*H" to become the most-watched
program in television history. More.
Indianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties. More.
The 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County. More.
Mississippi will receive $18.5 million from Indianapolis-based drugmaker Eli Lilly and Co. as part of a settlement over claims
the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat. More.
There's more evidence that the recession is over, as businesses restock inventories and both corporate and consumer spending
increases. More.
The bill would require pet stores to put information about the dog or cat on its cage in the store, including the animal's
medical history, the name of the breeder and any congenital disorders. More.
No immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company's production
halt as it looks to fix sticking gas pedals. More.
The BMV said Tuesday it has started offering online driver's license renewals at the agency's Web site. More.
The bill, would ban smoking in public places statewide except casinos and pari-mutuel horse racing venues. More.
Hoosiers will have more access to the Internet and to public library materials across the state under a new set of standards
adopted by the Indiana State Library and Historical Board. More.
Simon will fund the purchase with available cash plus proceeds from the sale of $2.25 billion in senior unsecured notes. More.
The bank's $1.01 billion in profit and its $5.08 billion in revenue were better than analysts expected. More.
An Indiana House committee approves legislation that would ban smoking in most public places statewide. More.
Duke Energy is offering buyouts to employees as it moves some corporate functions performed in two Midwest offices,
including its central Indiana office in Plainfield. More.
The proposal would allow voters to decide in November whether their township governments should be eliminated and their duties
transferred to the county level. More.
The letter to Indianapolis-based Lilly cites a print advertisement for the antidepressant Cymbalta that did not adequately
display information about the drug's side effects. More.
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people. More.
Columbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday. More.
The zoo says it drew 1.05
million visitors during 2009, down from 1.1 million in 2008. More.
The agency said the meeting was canceled "to allow time for the FDA to review new information" about a proposed new use for
the drug. More.
Hancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park
near Indianapolis. More.
The Auburn-based auto auction has filed lawsuits in DeKalb County seeking more than $2 million and plans to file up to 15
more lawsuits in the next several weeks. More.
So far this year, 35 people have died in Indiana from swine flu. More.
Hard-hit Elkhart County could become home three electric vehicle manufacturers if a Norwegian company chooses northern Indiana
as the site for a new factory. More.
Las Vegas-based Citadel Broadcasting, which owns three radio stations in Indiana, filed for Chapter 11 bankruptcy protection
on Sunday in an effort to restructure its hefty debt load. More.
Engine maker Cummins Inc. said the head of its engine business is leaving his role in March to pursue other projects at
the company. Jim Kelly joined the company in 1976 and was promoted to president of the engine business in
2005. More.
The justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker's
bankruptcy proceedings. More.
The government's report came as a surprise because the nation's retailers have been reporting generally lackluster results
for the start of the holiday shopping season. More.
The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight
weeks. More.
IU trustees have approved a contract extension for school president Michael McRobbie. More.
Collectors and recyclers of obsolete electronics have until Jan. 1 to enroll with the state's E-Waste Program. More.
Entertainment planned for December could put airport visitors in a spending mood. Retail sales at the terminal have suffered
this year due in part to a 10 percent drop in passenger traffic, prompting the Airport Authority to search
for ways to boost revenue. More.
Earlier this year, the company eliminated Shelby County in Indiana from contention for the manufacturing facility. More.
Indiana Secretary of State Todd Rokita is pleased that state Senate Republicans have proposed changes to the way legislative
districts are drawn, but he says they don't go far enough. More.
The Indiana Supreme Court will hear arguments this week on whether an Ohio River casino should have allowed a compulsive gambler
to play and lose $125,000 in a single night. More.
Indiana's school chief warned school superintendents Thursday that declining state revenues could force cuts in public education
spending, education officials said. More.
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority
to adopt local option income taxes. More.
CEO John Lechleiter says Lilly's pipeline has helped it rebound from significant patent losses three times during his 30-year
career at the company. He's betting there will be a fourth. More.
The Dow Jones industrial average is back above 10,000 for the first time in a year. More.
Indiana University officials say this school year's record enrollment is leading to nearly $63 million in unexpected revenue
for its campuses across the state. More.
The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain. More.
Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because
of a loss it took by unloading its unsuccessful Man Alive stores in July. More.
Former President Bill Clinton described Melvin Simon as one of the most remarkable people he's ever met as he gave a eulogy
today during the funeral for the billionaire shopping mall developer and Indiana Pacers co-owner. More.
If President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from
denying coverage — some analysts say individuals could wind up paying higher premiums. More.
Planned Parenthood will close five health clinics across central Indiana after losing some of its federal grant money to provide
family planning services to low-income women. More.
A Greenwood-based tool and machine parts manufacturer plans to add up to 43 jobs in the next six months by combining operations
from two other states. More.
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A state panel has set aside a 3,300-acre tract of Brown County State Park for the largest nature preserve owned by the state. More.
Three days after witnessing the smallest Brickyard 400 crowd in the race's 17-year history, Indianapolis Motor Speedway
CEO Jeff Belskus said he intends to cut ticket prices for about 75 percent of fans at next year's race. More.
An application with the Indiana Department of Environmental Management calls for a six-barn confined animal feeding operation
near the Jay County town of Bryant. More.
The community about 10 miles north of Indianapolis grew by 8.3 square miles and 8,000 people Tuesday with the long-planned
annexation. More.
Economists watch the Consumer Confidence index closely because consumer spending accounts for about 70 percent of U.S. economic
activity and is critical to a strong recovery. More.
The state Department of Workforce Development says about 80,000 Hoosiers will get restored eligibility covering about 250,000
weeks of payments thanks to a federal law signed last week. More.
Officials say most of the university's nearly 20,000 employees statewide didn't receive any pay increases last year. More.
The man overseeing the much-maligned response by BP PLC to the Gulf oil spill crisis is the likely choice to replace gaffe-prone
Tony Hayward to run the company and would become the first American to ever head the oil giant. More.
Officials plan to buy four Cirrus SR20 planes at an air show in Oshkosh, Wis., this Friday. Purdue is purchasing 16 of the
single-engine planes and an Embraer Phenom 100 jet for $8.6 million. More.
The "Campus Legends Tour" is new this year and already appears to be a wildly successful addition to the orientation
program. The nighttime tour was designed to introduce students to the culture of the campus and community. More.
The Obama administration released a proposal that would tighten for-profit colleges’ access to federal student aid,
threatening an industry that received $26.5 billion in U.S. funds last year. Carmel-based ITT Educational Services
is among those potentially affected. More.
President Barack Obama on Thursday signed into law a restoration of benefits for people who have been out of work for six
months or more. The move ended an interruption that cut off payments averaging about $300 a week to 2½ million people
who have been unable to find work in the aftermath of the nation's long and deep recession. More.
BP's employee political action committee donated nearly $24,000 to Indiana legislative candidates in June, but not everyone
wants to cash the checks after the biggest offshore oil spill in U.S. history. More.
The Gas City council has approved granting up to $2.5 million in economic revenue bonds for Echelon Furniture Inc. to locate
in a plant that Amcast Automotive shut down in 2006. More.
Indiana will no longer reduce a state grocery benefit paid to hundreds of developmentally disabled people simply because they
receive food stamps More.
The state is suing IBM for more than $1.3 billion, claiming the company breached one of the biggest outsourcing deals in state
history. IBM wants Indiana to pay $52.8 million it says it's owed in deferred payments and equipment costs. More.
The Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail
economic recovery. More.
Locally, the number of building permits filed in the nine-county Indianapolis area fell by 20 percent in June while home construction
plunged nationally to the lowest level since October. More.
Red-tail Conservancy director Barry Banks says the group hopes to raise the full $150,000 as soon as possible to buy the 47-acre
Camp Munsee. More.
Mossler Law Firm of Carmel agreed to cease all business in Vermont, refund about $79,500 in fees paid by Vermont residents
and pay $60,000 in civil penalties. More.
The Indiana Connections Academy Virtual Pilot School, financed with state education money and allowing students to work from
home, will serve about 280 children from around the state. More.
An Indiana agency is telling about 36,000 people who collected a $25 stimulus payment as part of their unemployment check
that they must repay the money because they were later ruled ineligible. More.
The Indiana Supreme Court says youth who outgrow foster care are at risk of homelessness, unemployment, substance abuse, criminal
involvement and mental health issues. More.
The Labor Department said new claims dropped to the lowest level since August 2008. But much of that was the result of seasonal
factors. More.
Kellogg is a broadcaster for Pacers and CBS college basketball telecasts. He'll continue his responsibilities with Pacers
TV and as the lead college basketball analyst for CBS. More.
The moves will leave about 1,400 employees of Cummins and its contract workers in the Memphis area. More.
General Growth expects to come out of bankruptcy court with 180 properties, making it the second-largest shopping mall owner
behind Indianapolis-based rival Simon Property Group Inc. More.
Two of the so-called "First Four" games will match the lowest seeds, between 65 and 68. The other two games will include the
last four at-large qualifiers. More.
Indianapolis-based Herff Jones Inc. said it will close the printing plant in eastern Pennsylvania this fall, laying off 107
workers. More.
Transmission lines costing about $16 billion are needed to move wind energy into the electric grid. But the cost has sparked
a debate over who should pay for getting the power from where it is made to where it is consumed. More.
The board on Friday approved a $20.6 million construction contact for the First Street Towers project. More.
Robert Nelms, ex-owner of cemeteries in four states, including Indiana, has been sentenced to between 32 months and 10 years
in prison for embezzling $4.2 million from a Grand Rapids cemetery. More.
U.S. Senator Charles Grassley asked 16 drugmakers, including Eli Lilly & Co., Pfizer Inc. and AstraZeneca Plc, to reveal
how they treat whistleblowers who file complaints under the False Claims Act. More.
Critics have argued that the law, which requires voters to show a photo ID to cast a ballot, violates the state constitution
because it isn’t applied equally to all voters. Those who vote by mail don't have to prove their identity. More.
U.S. health insurers are “moving towards an oligopoly,” a process that this year’s health-care overhaul
will accelerate, the investor-relations chief at WellPoint Inc. said Thursday. More.
JS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30. More.
Both Democrats seeking their party's nomination for Indiana secretary of state are critics of the state's voter identification
law, which they would have a role in enforcing as the top state election official. More.
More than $30 million in claims have been filed against Marcus Schrenker, but a court-appointed receiver expects an auction
of the financier's property on Saturday to bring in less than $1 million. More.
The Indiana Family and Social Services told Area Agencies on Aging that a 15-percent cut in funding for the program known
as CHOICE will save about $7.3 million from the program's $48.8 million annual budget. More.
U.S. regulators may phase in requirements on how much health insurers spend on medical care to avoid pushing plans out of
the market for people who buy their own coverage, WellPoint Inc.'s chief financial officer said Wednesday. More.
Indiana Department of Natural Resources spokesman Phil Bloom said the 1,665 young workers hired by the DNR will help seasonal
workers with important maintenance work at many of the state's 24 state parks and dozens of other properties. More.
Koch, 48, led the amusement park for 20 years, during which time it added a water park and several world-class roller
coasters. More.
The state has asked that the lawsuit be dismissed, claiming that the districts don't have the authority to challenge the
constitutionality of a state law. More.
WGU Indiana is a branch of Western Governors University, a private, not-for-profit university designed for working adults
trying to earn bachelor's or master's degrees. More.
Together, the combined acreage of the two habitat conservation areas will be the largest project ever undertaken by the state
Department of Natural Resources, Daniels said. More.
The recall affects several pickup trucks, sport utility vehicles, crossovers and passenger car models from the 2006 to 2009
model years. GM conducted a similar recall in 2008 but came across new reports of fires in vehicles that had been fixed. More.
A judge on the federal appeals court in Chicago is relocating his chambers to Indiana University's Bloomington campus. More.
The Indianapolis Colts on Wednesday announced plans to move their training camp from Terre Haute to Anderson, where it was
held for the first 15 years the team was in Indianapolis. More.
Minority Leader Vi Simpson, D-Bloomington, said the Republican governor's budget director told her that a comprehensive list
of executive branch budget reductions wasn't available. She said that's unacceptable. More.
About two dozen states are going back to Washington for another shot at billions in education grants under the "Race to the
Top" program, but at least nine others including Indiana are opting out of trying a second time. More.
Work is to start next year on upgrading the highway through Carmel and Westfield to interstate standards in phases through
2017. More.
The $2 million exhibit opens Saturday featuring five of the fastest animals on land. More.
The Dow Jones industrials plunged below 10,000 Tuesday as traders turned away from stocks amid worries about the global economy
and tensions between North and South Korea. More.
The U.S. Justice Department said AMC Entertainment Group Inc., the second-largest U.S. movie theater owner, must sell some
cinemas to proceed with plans to buy most of those operated by Kerasotes Showplace Theatres. More.
The delay is pushing back the release of the second half of the $132 million in stimulus funds the state got for energy-saving
retrofits to homes of thousands of low-income residents. More.
Indianapolis officials are proposing a $2.7 million renovation of the downtown City Market, three years after the last major
renovation failed to boost business. More.
The proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo. More.
The Bulldogs are one of a handful of "mid-major" teams that have carved out a spot on the national map with a simple
strategy: You win by being yourself. More.
Steve Russo was chosen Monday as executive director of both the Indiana Public Employees' Retirement Fund and the Indiana
State Teachers' Retirement Fund. More.
Productivity growth and falling labor costs are good for corporate profits but mean household incomes continue to be squeezed,
putting the economic recovery at risk. More.
Democratic Rep. Andre Carson easily defeated three challengers for his party's nomination in Indiana's 7th District. More.
Dan Burton is seeking his 15th term from the heavily Republican district after narrowly beating former state Rep. Luke Messer. More.
In the 5th District, they'll decide whether to pick Rep. Dan Burton for what would make 30 years in Congress. In the neighboring
4th District, the likely replacement for retiring Rep. Steve Buyer will be determined. More.
Indiana Republican voters will decide Tuesday which of five U.S. Senate candidates will represent the party in its fight to
take the seat being vacated by Democrat Evan Bayh. More.
Goldman Sachs investigation sparks fears about harm to banking industry. More.
The former Indianapolis mayor will become a deputy mayor and oversee the fire and police departments. More.
Anthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent
audit determined the company's justification for raising premiums was based on flawed data. More.
The NCAA executive committee selected University of Washington President Mark A. Emmert to lead the national association
that oversees college sports. Emmert, who is expected to start work by Nov. 1, replaces the late Myles Brand, who died of
pancreatic cancer in September. More.
Federal aviation officials want to fine Chautauqua Airlines $348,000 for allegedly flying regional jets thousands of times
without performing required safety inspections. More.
Crews will begin in late April demolishing the first of 74 homes south of downtown Franklin damaged by massive flooding in
June 2008. Officials still haven't decided how to reuse the land, and residents are torn. More.
State revenues are $867 million, or 9.4 percent, less than forecast through the first nine months of the current fiscal year. More.
The grant announced Wednesday is part of $452 million in stimulus funding nationwide for projects meant to make buildings
more energy efficient. More.
The national unemployment rate for college graduates age 25 and older was 4.9 percent in March, up from 4.4 percent a year
ago, the U.S. Bureau of Labor Statistics reports. More.
Many districts want to keep the full-day programs and say they're considering increasing fees to do so. More.
Indianapolis-based WellPoint “reclassified” more than half a billion dollars of administrative expenses as medical
expenses when it was defining its medical-loss ratio, according to a report released by U.S. Senator Jay Rockefeller’s
office. More.
Shares in General Growth Properties Inc., the second-biggest U.S. mall owner, fell as much as 6.7 percent Monday morning after
a newsletter report that Simon Property Group Inc. may abandon a takeover bid for its smaller rival. More.
Louisiana was one of 13 states that filed individual suits in state courts over allegations that Lilly pushed Zyprexa for
uses that had not been approved by federal regulators. More.
From the White House to Main Street, the Bulldogs opened eyes and turned heads. More.
Company executives told those at Monday's information sessions that many jobs will require an associate's degree in engineering
and computer literacy to operate assembly-line machines. More.
Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while
bracing out-of-work Americans for a slow recovery. More.
Stock options, bonus fuels CEO's pay. More.
Eli Lilly and Co. won a U.S. court ruling Wednesday that bars Teva Pharmaceutical Industries Ltd. from selling a generic version
of the cancer drug Gemzar until November. More.
Daniels signed the new rules Tuesday, three months after a state panel approved them amid criticism from college educators. More.
The state's jobless rate has been either 9.8 percent or 9.7 percent the past four months. More.
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations
to return to Indianapolis and now wishing aloud for a New York-based grand prix. More.
Daniels told members of the Economic Club of Indianapolis that it's ridiculous for anyone to suggest the nearly $1 trillion
health care overhaul signed into law Tuesday by President Barack Obama won't add to the nation's debt. More.
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is
unconstitutional. Other state attorneys general may join the lawsuit later or sue separately. More.
The legislation, piggybacked to the health care bill that passed Congress Sunday night, could also mean major job
losses for Sallie Mae, which employs about 2,400 people in Indiana, including 1,700 in Fishers. More.
Teachers have traditionally taken summer jobs, but union claims more are working evenings and weekends during the school year. More.
Indiana State Teachers Association forecasts up to 5,000 teachers may lose their jobs. That's about 8 percent of public school
teachers statewide. More.
The law, which takes effect July 1, lets workers keep guns locked out of sight in their vehicles while parked on their employers'
property. More.
Simon Property Group Inc. is considering raising its $10 billion buyout offer for rival shopping mall owner General Growth
Properties Inc. as early as this week. More.
Columbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years. More.
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp. More.
Greenspan resigned from IU in 2008 amid NCAA allegations that his department failed to monitor former basketball coach Kelvin
Sampson. More.
The union for mechanics at Frontier Airlines is going to court over Republic Airways Holdings Inc.'s plans to shift their
work to Milwaukee. More.
The plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health. More.
The lane opened Monday for eastbound traffic on I-465 from U.S. 31 (Meridian Street) to just past the Allisonville Road interchange. More.
Indiana has missed out in the first round of the U.S. Department of Education's "Race to the Top" competition, which will
deliver $4.35 billion in school-reform grants. More.
Health and Human Services Secretary Kathleen Sebelius met at the White House with the CEOs of Indianapolis-based WellPoint,
Aetna, Cigna, UnitedHealth Group, as well as several state insurance commissioners. More.
Lawmakers are close to a compromise on a work-site guns bill, but remain farther apart on several other issues. More.
Tax collections for February fell $86 million below a revised December forecast. Revenue is down $166 million in the first
three months since that forecast. More.
Company shuttering plant, moving work to Mexico. More.
The two sides held their latest round of negotiations in an Indianapolis hotel ballroom as the league's annual scouting combine
began. More.
New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week. More.
The Indiana House approved legislation Wednesday that would repeal an unemployment-insurance tax increase and approved a package
of tax credits and other incentives designed to create jobs. More.
Amid attacks from Democrats over high executive salaries, Angela Braly testified in Washington, D.C., on Wednesday that big
insurance-premium increases are
the result of growing price tags for hospital care and pharmaceuticals. More.
Hamilton Southeastern will see its per-pupil spending of $5,000 drop about $100 in 2010 despite a projected 900-student increase,
the lawsuit says. Indianapolis Public Schools, which has lost more than 1,000 students a year for the last five years, will
receive $7,500 per student in 2010. More.
Hamilton Southeastern, Franklin Township and Middlebury Community Schools of Elkhart County say the school-funding formula
unfairly penalizes districts with growing enrollments. More.
President Obama's latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group. More.
Nearly four dozen host committee members and Indianapolis officials attended the game. The entourage will apply what they
learned to the 2012 event. More.
Gov. Mitch Daniels has appointed former Democratic state Rep. Carolene Mays of Indianapolis to the Indiana Utility Regulatory
Commission. More.
Issue likely to land in House, Senate conference committee. More.
Instead of focusing on standardized tests, the Indiana Growth Model will monitor individual students' academic growth to measure
their progress and identify effective teaching methods, state public education officials say. More.
Accuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy. More.
Just days after Friday's heavy snowfall blanketed much of the state, the National Weather Service has issued a winter storm
watch from late Monday night through early Wednesday for all of Indiana. More.
January's report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the
private sector as a whole added 63,000 positions. More.
Indianapolis-based Republic Airways Holdings Inc. will shut down Lynx Aviation, a regional flying unit that operates Bombardier
Q400 propeller planes. The changes will mean 175 people will lose their jobs. More.
Steak n Shake Co. said Friday it posted a fourth-quarter profit, and said it is planning to change its corporate name to Biglari
Holdings Inc. More.
The Republican-controlled Senate voted 29-19 Thursday for a bill that would eliminate township boards and transfer their duties
to the county level starting in 2013. It now moves to the Democrat-led House for consideration. More.
The committee endorsed legislation that would prevent the state's public schools from starting classes before Labor Day. More.
Toyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and
Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning. More.
Company plans to close operations in Miamisburg, costing the southwest Ohio city 75 jobs. More.
The Indianapolis Colts' win over the New York Jets on CBS drew 46.9 million viewers, the most for an American Football Conference
title game since Patriots-Dolphins in 1986. More.
University will cut employee benefits, retirement contributions and information technology services to partially close a $67
million budget deficit for the West Lafayette campus More.
The bill would limit the amount of Sunday carryout sales from Indiana microbreweries to about three cases per transaction. More.
Proceeds from the offering will be used for general corporate purposes and to fund the purchase of senior notes. More.
The Indiana Senate has given final approval to a proposal that would allow voters to decide whether property tax limits belong
in the state constitution. More.
A survey released Monday by the Chronicle of Higher Education showed compensation packages of
chief executives at public universities leveling off in 2008-2009, rising a relatively modest 2.3 percent. How did Indiana
college presidents fare? More.
Republic, which bought Frontier Airlines and Midwest Airlines last year, says it will move all of its executives to its headquarters
in Indianapolis. More.
The district's school board voted 6-1 Tuesday night for a plan using the Anderson High School building for grades 10-12 starting
next fall. The Highland High School building will house grades 7-9. More.
The Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face
hurdles in the Democrat-led House. More.
The new rules are expected spur future teachers to spend more time learning subject matter and less time taking education
classes. More.
Robert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution. More.
Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity. More.
Commissioner Roger Goodell said the league was sensitive to criticism of the Indianapolis Colts' decision to use backups a
week ago in a game they lost, ending their bid for a perfect season. More.
In an election year with a big reward—the potential to redraw political maps for the next decade—lawmakers are
looking to impress voters. More.
Over the course of her life, the last surviving great-grandchild of pharmaceutical magnate Eli Lilly gave away much of her
inheritance. More.
The Indiana Commission for Higher Education said state colleges and universities need to find new ways to be efficient—without
new tuition hikes—to cope with spending cuts ordered by Gov. Mitch Daniels. More.
As first reported by IBJ on Nov. 28, the men's tennis event that is leaving Indianapolis is heading to Atlanta, the
ATP confirmed. More.
Nancy Guyott is the first woman to be president of the Indiana AFL-CIO. More.
State lawmakers are weighing possible changes to state gambling laws at a time when growing competition from out-of-state
casinos threatens to cut into business at Indiana's 11 riverboat casinos. More.
The Carmel-based auctioneer had expected to raise $340.9 million through its IPO, but the company said it would sell 25 million
common shares at $12 each for total proceeds of $300 million. More.
Last week, Patrick signed a three-year contract extension with Andretti Autosport to stay in the IndyCar series, but its schedule
gives her enough time to also try NASCAR. More.
Ivy Tech Community College is offering at-risk students a chance to earn an associate's degree in just 10 months instead of
two years. More.
"Sacred Spain: Art and Belief in the Spanish World" at the Indianapolis Museum of Art is drawing visitors from around the
world for an unprecedented exhibition More.
Carbon dioxide produced by a proposed coal gasification plant near the southern Indiana town of Rockport would be used to
help boost oil production in the Gulf of Mexico under a plan by the company leading the project. More.
The Federal Aviation Administration said the problem was fixed about 10 a.m. Thursday, but it was unclear how long flights
would continue to be delayed. Dozens of flights to Indianapolis International Airport have been affected. More.
Major stock indexes rose as much as 2 percent, including the Dow Jones industrial average, which jumped 203 points. More.
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week's referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times. More.
General Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a
chunk of troubled parts supplier Delphi Corp., a person briefed on the company's finances said Wednesday. More.
The left eastbound lane over the eastbound bridge and the Interstate 69 southbound ramp to I-465 southbound will remain closed
through midweek as crews continue repair work. More.
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months. More.
A Butler University professor who has run for Congress several times says he will seek the Republican nomination to challenge
Democratic Rep. Andre Carson of Indianapolis next year. More.
Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S
to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard
Telecom before Brightpoint, the world's biggest wireless phone distributor, bought the cell phone distributor in August 2007. More.
The Indiana Builders Association will receive nearly half of the $132 million the state is receiving through the American
Recovery and Reinvestment Act to weatherize more than 30,000 households More.
More than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker's
objections to the schools' tuition increases. More.
Purdue University said today that its statewide fall-semester enrollment is up more than 3 percent from last year. More.
Indiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles
than projected when a law designed to start fixing the system was enacted in April. More.
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery. More.
Indianapolis Power & Light Co. has agreed to a 20-year contract with a state agency to potentially draw millions of gallons
of water from southern Indiana's Lake Monroe. More.
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did this just say we paid $3.5 for upgrades to Conseco??? what do they need now? seems that the pacers are owned by Simons that work in Development so they could make the upgrades themselves. this is stupid.
To get your trolley it is going to take a regional 3/4 to 1% additional sales tax. Carmel is already planning a trolley system loop that will connect with whatever regional system comes about. Whether you like the burbs or not it is going to take everyone to make mass transit work,
I think it's fair to say that with the current property valuations for Meridian Kessler....we all paid to much!
So it's hard to fault any developer who acquired assets at market value prior to the recession, as it is difficult to fault ourselves, the homewoner, for the same. The Great Reset is upon us.
The foreclosure list for Meridian Kessler is impressive. I fear what will happen when this inventory hits the market in the months to come?
That said, this overdue neighborhood makeover
needs funding support for one reason. The stabilization of neighborhood property values. If these go to short sale....guess what...we all take another dive in value. Anyone seen the comps for their home lately?
A balance of support from city, state, fed, and private investors is required.
In fact, I personally think that TIF's should be earmarked for the small, niche projects that need a nudge, and that make a real difference in our daily lives and liveability of our neighborhoods.
A concept unfamiliar to the large developers.
I think the powers to be could go a long way in earning their taxpayer paychecks by supporting small projects such as this on a grand scale in many neighborhoods.
Start here, at 49th and College, which is undoubtedly one of the best examples of
neighborhood neglect the city has on it's watch.
Reading the comments below, I'd venture to say that the only people that dont' want this to happen are the guys that have a personal axe to grind or see dollar signs for themselves and would like to drive this project into the ground so they can personally profit when the smoke clears.
You know who you are....
Long live the self serving party of no.
I'd like to invite everyone that gives a rats you know what for a tea party.....
The Mighty Adam Smasher-DJ, Singer and Big Personality
Stacy - ESPN is only showing 3 of the 17 cup races on broadcast TV (ABC) this year. A greedy tragedy, if you ask me.