AP News

Twinkies likely to survive sale of Hostess

November 19, 2012
Associated Press
Other companies are interested in bidding for at least pieces of Hostess because of the high brand recognition and $2.5 billion in annual revenue. Twinkies alone have brought in $68 million in revenue so far this year.
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Lawmakers brace for health law, potential costs

November 18, 2012
Associated Press
Indiana lawmakers can add confusion over the federal health insurance law to their already overflowing plate when they return for their 2013 legislative session in January.
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Estimate on Indianapolis blast damage up to $4.4M

November 16, 2012
Associated Press
Investigators have increased the damage estimate from the deadly Indianapolis neighborhood explosion by about one-fifth, to $4.4 million.
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Pence solidifies opposition to state exchange

November 15, 2012
Associated Press
Indiana Gov.-elect Mike Pence closed the door on a state-run health insurance exchange Thursday, arguing that the estimated $50 million cost of the state program was not worth the limited autonomy granted in return.
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State universities gird for budget battles

November 15, 2012
Associated Press
Indiana's higher education leaders are bracing for more tough budget battles as state lawmakers prepare to write Indiana's next two-year budget.
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Hostess says liquidation decision expected Friday

November 15, 2012
Associated Press
Hostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.
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Drugmakers collaborate to facilitate drug tests

November 15, 2012
Associated Press
Eli Lilly and Co. and two other major drugmakers say they are collaborating in a global project aimed at getting patient tests of experimental drugs up and running more quickly and efficiently.
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Lugar considering think tank, university positions

November 15, 2012
Associated Press
A spokesman for Indiana Sen. Richard Lugar says the senator has been talking with some think tanks and universities about positions taking advantage of his long tenure as a leading member of the Senate's Foreign Relations Committee.
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Pence not ruling out health partnership with feds

November 14, 2012
Associated Press
Indiana Gov.-elect Mike Pence has ruled out building a state-run health insurance exchange but appears to be leaving open the option of running a joint venture with the federal government as a critical decision deadline draws near.
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Lilly Endowment gives Indiana nature trust $10M grant

November 14, 2012
Associated Press
The grant announced Wednesday by the Indiana Department of Natural Resources brings to $30 million the amount of funding for the initiative to acquire more wilderness land to mark the state's 200th birthday in 2016.
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GOP taps health care expert to run state budget panel

November 13, 2012
Associated Press
Indiana House Speaker Brian Bosma is picking a new Ways and Means chairman with an eye on dealing with health care costs in the coming years.
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Report backs simpler Indiana local tax system

November 13, 2012
Associated Press
A new report on Indiana's local income taxes urges state legislators to simplify a system that has seven types of taxes and a two-year lag before the money collected by the state is distributed to local governments.
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SW Indiana leaders say area must seize I-69 prospects

November 13, 2012
Associated Press
The opening of the Interstate 69 extension's first section in southwestern Indiana next week presents economic opportunities that some business and government leaders say the area must seize.
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State delegation to Congress may bring less clout, more energy

November 12, 2012
Associated Press
The state's delegation to Capitol Hill will be its least experienced in many years, although those new members can bring new energy to Washington, D.C., a former longtime Indiana congressman said.
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Health officials: Indiana needs more trauma centers

November 12, 2012
Associated Press
Health officials developing a statewide trauma system say Indiana needs more trauma centers.
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U.S. colleges look to foreign students to help bottom line

November 12, 2012
Associated Press
New figures show international enrollment at U.S. colleges and universities grew nearly 6 percent last year, driven by a 23-percent increase from China. Growth is even higher at Midwest schools like Indiana University and Purdue.
More

Indiana taking closer look at loosening pot laws

November 9, 2012
Associated Press
Key Indiana legislators from both parties are looking at decriminalizing possession of small amounts of marijuana.
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Central Indiana city looks to relax business sign rules

November 9, 2012
Associated Press
Greenfield officials are proposing new measures to relax the city's strict sign standards in an effort to be more friendly to businesses.
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Indiana's top state budget official finds new job

November 9, 2012
Associated Press
The top state budget official under Indiana Gov. Mitch Daniels has decided to move into an executive position with Indiana University Health when the governor's term ends in January.
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Indiana casino cuts 80 jobs, blames economy

November 9, 2012
Associated Press
A northwestern Indiana casino is blaming the economy and increased competition for its decision to lay off about 80 workers.
More

Indiana House Dems select Pelath for post-Bauer era

November 8, 2012
Associated Press
House Democrats have chosen a pair of northern Indiana representatives to lead their rebuilding after their poor showing in Tuesday's elections.
More

Health insurance stocks flop after Obama wins second term

November 8, 2012
Associated Press
Health insurance stocks sank deeper than the broader market Wednesday after President Barack Obama's re-election helped clarify the future of his health care overhaul, a sweeping law that some investors fear will pinch profits.
More

Billionaire Cuban to visit Indiana alma mater

November 8, 2012
Associated Press
Dallas Mavericks owner and billionaire entrepreneur Mark Cuban will be visiting his alma mater Indiana University for a public talk next week.
More

Duke Energy earnings hurt by mild weather

November 8, 2012
Associated Press
Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.
More

U.S. jobless benefit applications fall slightly

November 8, 2012
Associated Press
The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.
More
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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