AP News

Shelbyville officials rule fairgrounds fire arson

May 23, 2012
Associated Press
Shelbyville fire officials say a fire that destroyed the 133-year-old grandstands at the Shelby County Fairgrounds was arson.
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Indianapolis Public Schools laying off 163 workers

May 23, 2012
Associated Press
Indiana's largest school district is planning to lay off 163 workers, including 94 teachers, largely because of the state takeover of four schools starting this fall.
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Purdue economist predicts gas prices won't top $4

May 23, 2012
Associated Press
Purdue agricultural and energy economist Wally Tyner said Indiana's gas prices will likely remain between $3.50 and $4 per gallon over the summer as long as there's no new turmoil in the Middle East.
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Gregg picks Simpson to add balance to ticket

May 22, 2012
Associated Press
Democratic gubernatorial candidate John Gregg reached out to his party's base Tuesday with his pick for lieutenant governor, a liberal lawmaker with decades of experience at the Indiana Statehouse.
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Sales of existing homes up nationally in April

May 22, 2012
 IBJ Staff and Associated Press
Modest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy market.
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Fire won't stop Shelby County fair, organizers say

May 22, 2012
Associated Press
Organizers plan to put on a central Indiana county fair as best they can despite a weekend fire that destroyed its 133-year-old wooden grandstands.
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Gregg, Pence tap women for gubernatorial tickets

May 21, 2012
Associated Press
Republican candidate Mike Pence toured the state Monday with his choice for lieutenant governor: state Rep. Sue Ellspermann. Democratic candidate John Gregg, meanwhile, is set to announce that longtime Senate Minority Leader Vi Simpson will join his ticket.
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Pence picks Indiana legislator as running mate

May 21, 2012
Associated Press
Republican Mike Pence has picked first-term state Rep. Sue Ellspermann as his running mate in his campaign to become Indiana's next governor.
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Indiana prison education cuts cost Ball State jobs

May 21, 2012
Associated Press
A new law denying state grants for college education to prison inmates has cost the jobs of more than 70 Ball State University employees.
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Indiana casinos face falling revenue, new competition

May 20, 2012
Associated Press
Indiana's nearly 20-year-old casino industry is facing declining revenues and growing out-of-state competition, prompting lawmakers to consider what, if any, regulatory changes might be able to stem the tide.
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Shares of Facebook stall after company's record IPO

May 18, 2012
Bloomberg News
Facebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters bought the stock to keep it from falling below the IPO price.
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Once an Obama coup, Indiana less a battleground

May 18, 2012
Associated Press
Barack Obama was the first Democrat in 44 years to win Indiana in the 2008 presidential race. A repeat seems doubtful this year.
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Pence set to announce running-mate pick

May 18, 2012
Associated Press
Republican Mike Pence's campaign said Friday he will announce his running mate in his campaign for Indiana governor on Monday.
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Kids to sell lemonade at the Indiana Statehouse

May 18, 2012
Associated Press
More than 15,000 young people from pre-school age through high school will open lemonade stands across the greater Indianapolis area this weekend.
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Big Ten Network cuts academics, citing low ratings

May 17, 2012
Associated Press
The Big Ten cable network has been an unchallenged success promoting conference sports to a national audience and making money for its members.
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U.S. jobless claims hold steady for second straight week

May 17, 2012
Associated Press
The number of people seeking unemployment benefits was unchanged last week, suggesting some gains in the job market.
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Indiana issues call for external audit of tax agency

May 17, 2012
Associated Press
Indiana budget leaders are looking for an external auditor to review the state Department of Revenue after workers discovered $526 million in errors in recent months.
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Pacers' Bird named NBA's executive of the year

May 17, 2012
Associated Press
Indiana Pacers President Larry Bird was voted National Basketball Association Executive of the Year on Wednesday, becoming the first person to win the award after also receiving the league's MVP and Coach of the Year honors.
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Indiana lottery seeking ideas from private firms

May 16, 2012
Associated Press
The Indiana State Lottery Commission endorsed a plan Wednesday to seek out private companies to take over some operations of the Hoosier Lottery, a state agency whose income has shrunk in recent years.
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Subaru to add 100 jobs as part of $75 million expansion

May 16, 2012
 IBJ Staff
Subaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will ramp up production from nearly 171,000 cars a year to at least 180,000.
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Judge says lawsuit can proceed against for-profit educator

May 15, 2012
Associated Press
A federal judge has ruled that a lawsuit can proceed against a large for-profit education company accused of using improper sales tactics to lure unqualified students and the billions of dollars in financial aid they bring. The company has two colleges in Indianapolis.
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Unemployment tax repayment causes confusion

May 15, 2012
Associated Press
Indiana's plan to balance an unemployment insurance fund hit hard during the recession might have caused businesses to pay more than they owed, although no one seems to know how many companies were involved or the level of impact it had on them.
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Acting Indiana chief justice Dickson picked to head court

May 15, 2012
Associated Press
The Indiana Judicial Nominating Commission voted Tuesday to make Brent Dickson the state's first new chief justice in 25 years.
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Feds say wiretaps show evidence of financial plot

May 15, 2012
Associated Press
A federal judge in Indianapolis refused to throw out wiretap evidence in the $200 million fraud trial of former Indiana businessman Tim Durham as the government outlined a case largely based on those recordings.
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Bicycle advocacy group urges riding to work Friday

May 14, 2012
Associated Press
Motorists in central Indiana should expect to share the road with a lot of bicyclists during their morning and afternoon commutes Friday.
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