AP News

Indiana grads increase score on college entrance test

August 17, 2011
Associated Press
A report released Wednesday says the average ACT score for Indiana's 2011 high school graduates was 21.2, compared with 21.1 nationally. Indiana averaged 21.1 last year and 21.0 in 2009.
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Indiana State Fair emergency plan just 1 page

August 16, 2011
Associated Press
An emergency plan outlining what to do if severe weather threatens the Indiana State Fair takes up a single page and does not mention the potential for evacuations.
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Judge denies request to block state voucher program

August 15, 2011
Associated Press
A judge Monday declined to halt Indiana's broad new school voucher program, saying the law was "religion-neutral" and likely to be upheld.
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Indiana State Fair reopens, honors five killed in stage collapse

August 15, 2011
Associated Press
Indiana Gov. Mitch Daniels told hundreds of people who gathered Monday for a service to remember five people killed when a stage collapsed at the Indiana State Fair that the tragedy has broken the hearts of the state's residents.
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Landmark water tower could be razed in Greenwood

August 14, 2011
Associated Press
A central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because officials say it poses a safety hazard to a nearby airport.
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UPDATE: Tragedy prompts fair to cancel some events

August 14, 2011
Associated Press
Fair organizers plan to reopen Monday with a memorial service for the victims.
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Stock market finishes wild week on an up note

August 12, 2011
Associated Press
A rebound in retail sales in July helped the stock market push higher Friday. The week has been marked by seesaw trading.
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U.S. stocks open higher after positive retail report

August 12, 2011
Associated Press
A strong report on retail sales in July helped send U.S. stocks higher early Friday after a week of record-setting losses and gains on Wall Street.
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Judge weighs request to block Indiana voucher program

August 11, 2011
Associated Press
Marion Superior Court Judge Michael Keele said he would rule early next week on a request from a group of teachers and religious leaders backed by the Indiana State Teachers Association to issue a preliminary injunction keeping the law from taking effect.
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UPDATE: Stocks soar on small positive economic signs

August 11, 2011
Associated Press
Wall Street's wildest week since 2008 continued with another 500-plus point move for the Dow on Thursday.
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Wet spring, dry summer dent Indiana corn, soybeans

August 11, 2011
Associated Press
Experts say Indiana farmers won't produce as much corn and soybeans as they had hoped for a second straight year.
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Indiana casino owner preparing to exit bankruptcy

August 11, 2011
Associated Press
The company that owns Indiana's Hoosier Park casino and horse track expects to emerge from bankruptcy protection in the coming months with about two-thirds less debt.
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Unemployment aid applications fall to 4-month low

August 11, 2011
Associated Press
The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market may be improving again slowly after a recent slump.
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Dow drops more than 500 over economy concerns

August 10, 2011
Associated Press
The Dow Jones industrial average fell 519 points, or 4.6 percent, to close at 10,719.94 on Wednesday, wiping out the 429-point gain from Tuesday.
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Stocks plunge after market's opening

August 10, 2011
Associated Press
The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827, in morning trading Wednesday. That erased nearly all of its 429-point gain from Tuesday, when the Federal Reserve pledged to keep its key interest rate at nearly zero into 2013.
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KAR Auctions reports $14M quarterly loss

August 9, 2011
Associated Press
Carmel-based used and salvaged vehicle auctioneer KAR Auction Services, Inc. said it lost $14.3 million in the second quarter due to the early payoff of debt.
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Green group: I-69 will drain money from other projects

August 9, 2011
Associated Press
Indiana's 142-mile extension of Interstate 69 between Indianapolis and Evansville will siphon hundreds of millions of dollars away from other road and bridge projects in coming years, according to a report from an environmental group.
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Late surge gives stocks largest advance in two years

August 9, 2011
Bloomberg News
U.S. stocks on Tuesday rallied after the Federal Reserve said it was prepared to use a range of tools to bolster the economy.
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Fed to keep interest rate near zero for 2 years

August 9, 2011
Associated Press
The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
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Indiana part of suit against for-profit college

August 8, 2011
 IBJ Staff and Associated Press
The Obama administration and four states, including Indiana, are accusing Education Management Corp., which operates two colleges in Indianapolis, of illegally paying recruiters to enroll students in an $11 billion fraud.
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Indiana voucher program sees 2,200 students enlist

August 8, 2011
Associated Press
The Department of Education began accepting applications to its broad-sweeping new school voucher program a month ago. Since then, 2,230 students have been accepted into the program
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Indiana stocks part of massive Wall Street sell-off

August 8, 2011
 IBJ Staff and Associated Press
Stock prices hurtled lower Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt. Indiana stocks were part of the carnage.
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Indiana casinos see revenues drop, brace for rivals

August 8, 2011
Associated Press
State gaming commission records show that admissions at Indiana's 11 full casinos dropped about 3 percent through the first six months of this year when compared to 2010.
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Stocks go on roller coaster ride after jobs report

August 5, 2011
Associated Press
Market swings continued all day after a better-than-expected employment report. By the market's close, the Dow was up 60 points, or 0.54 percent, to 11,444.
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Indiana counties wrestling with tax overpayment

August 5, 2011
Associated Press
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
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