AP News

Bosma removes Turner from leadership post-scandal

August 29, 2014
Associated Press
Indiana House Speaker Brian Bosma has removed Rep. Eric Turner from his leadership team amid concerns over Turner's lobbying against a nursing home construction ban that would have impacted his family's business.
More

UPDATE: Plan saves Anderson's Wigwam gym from demolition

August 29, 2014
Associated Press
The company that will operate under the name Wigwam LLC has agreed to maintain the gymnasium until at least 2030. It plans to convert part of the property into multifamily housing and to find partners to develop uses for other parts.
More

Consumer spending hits first decline since January

August 29, 2014
Associated Press
U.S. consumer spending edged down 0.1 percent last month after a 0.4-percent increase in June, the Commerce Department reported Friday.
More

More Indiana options coming on insurance exchange

August 29, 2014
Associated Press
Officials say Indiana residents will have more than triple the number of health insurance plans to choose from when the federal insurance exchange enrollment period starts in November. A a 5-percent average increase in exchange premiums is expected.
More

Indiana gets 1-year waiver of federal schools law

August 28, 2014
Associated Press
The U.S. Department of Education on Thursday granted a one-year extension of Indiana's waiver from the federal No Child Left Behind education law after the state resolved concerns.
More

Nation's banks continue robust recovery as lending picks up

August 28, 2014
Associated Press
The FDIC says 57.5 percent of banks reported an increase in profit in the second quarter from a year earlier. They reduced their expenses, and lending marked its fastest pace since 2007.
More

Antiques shop liquidation expected to draw big crowd

August 28, 2014
Associated Press
Red Ribbon Antiques, which opened its doors on Main Street in 1989, will open them one final time Sept. 6 to liquidate the inventory Gloria Holloway established over her 25-year business career.
More

Meat processing company plans new Indiana plant

August 28, 2014
Associated Press
The project by Boar's Head Meats includes an initial investment of $80 million to build a 150,000-square-foot building where up to 200 people will work.
More

Cold cash just keeps washing in from ALS challenge

August 27, 2014
Associated Press
Approaching $100 million, the viral ice bucket fundraising campaign for the ailment better known as Lou Gehrig's Disease has put the ALS group into the top ranks for medical charity donations.
More

ISTA urges Pence to seek accountability delay

August 27, 2014
Associated Press
Indiana's largest teachers union is urging Gov. Mike Pence to support freezing the state's education accountability system for one year because of revisions to the ISTEP test being driven by the state's new academic standards.
More

Ex-Indiana elections chief starts political blog

August 27, 2014
Associated Press
Former Indiana Secretary of State Charlie White has been stripped of office and he doesn't have a job, so he's turning to the Internet.
More

U.S. economy forecast to grow by 1.5 percent in 2014

August 27, 2014
Associated Press
The Congressional Budget Office says the U.S. economy will grow by just 1.5 percent this year — hurt by a poor first-quarter performance. This new assessment is considerably more pessimistic than the Obama administration's.
More

Time Warner Cable says major outages largely resolved

August 27, 2014
Associated Press
Time Warner Cable said Wednesday that service was largely restored after a problem that occurred during routine maintenance caused a nationwide outage of its Internet service for hours.
More

Democrat: Indiana Statehouse lacks ethics

August 26, 2014
Associated Press
A trio of ethics investigations into Indiana officials this year left many watchdogs grumbling about loopholes in the state's ethics laws.
More

Judges chide state lawyers over gay marriage bans

August 26, 2014
Associated Press
Federal appeals judges bristled on Tuesday at arguments defending gay marriage bans in Indiana and Wisconsin, with one Republican appointee comparing them to now-defunct laws that once outlawed weddings between blacks and whites.
More

Longtime NCAA executive Isch set to retire

August 26, 2014
Associated Press
Chief operating officer Jim Isch announced he would retire early next year, a move that is prompting NCAA President Mark Emmert to reorganize his top staff.
More

NBA unveils new rules to make baselines safer

August 26, 2014
Associated Press
Clearing the congestion behind the playing area was planned even before Indiana Pacer Paul George broke his right leg when he crashed into the stanchion last month during a USA Basketball exhibition game.
More

U.S. durable goods orders show record surge

August 26, 2014
Associated Press
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft. Outside of transportation, orders dipped.
More

New solar farm in Richmond begins generating power

August 26, 2014
Associated Press
Indiana Municipal Power Agency said the 8-acre solar farm on the grounds of Richmond Power and Light contains about 4,000 solar panels. They will generate enough electricity to power about 200 homes.
More

Kokomo council backs ban on smoking in bars

August 26, 2014
Associated Press
The Kokomo City Council voted 5-4 Monday night to give initial approval to a ban on smoking in bars and social clubs.
More

Social media campaign publicizes lifeline law

August 25, 2014
Associated Press
Students at 13 Indiana college campuses will receive social media messages about the state law that allows minors who have been drinking to report a medical emergency or a crime without getting in trouble.
More

S&P 500 sets all-time high in intraday trading

August 25, 2014
 Associated Press and IBJ Staff
The index breached the 2,000-point barrier soon after markets opened on Monday, nearly hitting 2002 points around noon. The Dow also was near its high watermark.
More

Purdue balks at use of its brand in panned film

August 25, 2014
Associated Press
Purdue University officials are asking their legal counsel to look into a new movie that makes frequent references to the school despite its refusal to grant permission to use official trademarks and logos.
More

Purdue Research, Crane form innovation partnership

August 25, 2014
Associated Press
The Crane Naval Surface Warfare Center, Purdue Research Foundation and Purdue's Discovery Park have forged a partnership agreement aimed at showcasing their intellectual property and moving their innovations to the public.
More

Vectren division sale costs 120 miners their jobs

August 24, 2014
Associated Press
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
More
Page  1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

ADVERTISEMENT