AP News

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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Stocks turn lower as optimism about jobs fades

August 5, 2011
Associated Press
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
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Orthopedics company plans $27M Indiana project

August 5, 2011
Associated Press
Warsaw-based DePuy Orthopaedics expects to spend $20 million on manufacturing equipment and $7 million on research and development equipment and have it installed before 2014.
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U.S. jobless rate dips as economy adds 117,000 jobs

August 5, 2011
Associated Press
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
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Franklin Electric moving HQ, 220 jobs to Fort Wayne

August 4, 2011
 IBJ Staff and Associated Press
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
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UPDATE: Dow drops 513 in worst day since '08

August 4, 2011
Associated Press
A broad sell-off sent major stock indexes down more than 4 percent for the day.
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Indiana schools chief suggests grades for districts

August 4, 2011
Associated Press
Indiana's public education chief wants to start giving school districts letter grades on an A-to-F scale to hold them accountable for how their schools perform.
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U.S. unemployment applications slip slightly

August 4, 2011
Associated Press
The number of people seeking unemployment benefits dipped last week but has been at or above 400,000 for 17 straight weeks.
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Medical implant maker plans move from northern Indiana

August 4, 2011
Associated Press
Rochester Medical Implants plans to move operations from Rochester to Noblesville in October. The company has 28 employees.
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Skillman to lead trade mission to Japan

August 4, 2011
Associated Press
The lieutenant governor's delegation will will leave in September and focus on job creation.
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Aetna latest out of Indiana individual health market

August 3, 2011
Associated Press
The nation's third-largest health insurance company is the latest to leave the individual policy market in Indiana in another sign of diminishing competition.
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Frontier, flight attendants reach tentative deal

August 3, 2011
Associated Press
Frontier Airlines and the union representing its nearly 1,000 flight attendants have reached a tentative agreement to trim labor costs.
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Candidate Pence eyes Indiana income-tax cuts

August 3, 2011
Associated Press
Republican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
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Indiana tax revenue better than expected for July

August 3, 2011
Associated Press
The new budget year is off to a good start for Indiana's state government with about $23 million more in tax revenue coming in than expected.
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IU union urges president to not accept big raise

August 3, 2011
Associated Press
The union that represents Indiana University's support staff is urging IU's president to turn down a 22-percent pay raise, saying the money could instead go toward preventing layoffs at a campus library.
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Indiana State Fair to promote soybean industry

August 3, 2011
Associated Press
The Indiana State Fair will celebrate the versatility of the soybean and its $2.5 billion impact on the state during its 17-day run beginning Friday.
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Indicted elections chief hires ex-prosecutor Brizzi

August 3, 2011
 IBJ Staff and Associated Press
Indiana Secretary of State Charlie White has hired former Marion County Prosecutor Carl Brizzi as his lead defense attorney in his fight against voter fraud charges.
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Proposed wind farm seeking approval in Tipton

August 3, 2011
 IBJ Staff and Associated Press
An energy company that wants to build a massive wind farm in central Indiana has taken another step toward that goal.
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Most Indiana lawmakers vote against raising debt ceiling

August 2, 2011
Associated Press
A majority of Indiana's congressional delegation bucked the trend and voted against emergency legislation to raise the nation's debt ceiling, drawing praise from a tea party official.
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Democrat Gregg wants to improve manufacturing base

August 2, 2011
Associated Press
Former Indiana House Speaker John Gregg said Tuesday he would focus on rejuvenating the state's manufacturing base if he is elected governor next November.
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Wife of Pacers owner testifies against nanny

August 2, 2011
Associated Press
The wife of Indiana Pacers owner Herb Simon testified Tuesday that she knew nothing about violence in the past of a nanny who worked for her and said she would not have hired her if she had known.
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Stocks slump as concerns about economy grow

August 2, 2011
Associated Press
The Dow Jones industrial average sank 265 points on Tuesday and all three major stock indexes fell more than 2 percent as investors reacted to more signs of weakness in the U.S. economy and poor earnings from several big companies.
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